COVER
COVER - shares | 9 Months Ended | |
Sep. 30, 2022 | Nov. 07, 2022 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Document Quarterly Report | true | |
Document Period End Date | Sep. 30, 2022 | |
Document Transition Report | false | |
Entity File Number | 814-00995 | |
Entity Registrant Name | Carlyle Secured Lending, Inc. | |
Entity Incorporation, State or Country Code | MD | |
Entity Tax Identification Number | 80-0789789 | |
Entity Address, Address Line One | One Vanderbilt Avenue, | |
Entity Address, Address Line Two | Suite 3400, | |
Entity Address, City or Town | New York, | |
Entity Address, State or Province | NY | |
Entity Address, Postal Zip Code | 10017 | |
City Area Code | (212) | |
Local Phone Number | 813-4900 | |
Title of 12(b) Security | Common stock, $0.01 par value | |
Trading Symbol | CGBD | |
Security Exchange Name | NASDAQ | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Large Accelerated Filer | |
Entity Small Business | false | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 51,363,799 | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Year Focus | 2022 | |
Document Fiscal Period Focus | Q3 | |
Entity Central Index Key | 0001544206 | |
Amendment Flag | false |
CONSOLIDATED STATEMENTS OF ASSE
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 | ||
ASSETS | ||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] |
Cash, cash equivalents and restricted cash | 68,644 | 93,074 | ||
Receivable for investment sold/repaid | 4,884 | 530 | ||
Deferred financing costs | 3,558 | 3,066 | ||
Prepaid expenses and other assets | 3,661 | 1,484 | ||
Total assets | 2,054,032 | 2,031,350 | ||
LIABILITIES | ||||
Secured borrowings (Note 7) | 423,959 | 407,655 | ||
2015-1R Notes payable, net of unamortized debt issuance costs | 446,968 | 446,783 | ||
Senior Notes, net of unamortized debt issuance costs | 189,688 | 189,584 | ||
Payable for investments purchased | 13,872 | 323 | ||
Interest and credit facility fees payable (Notes 7 and 8) | 5,240 | 2,467 | ||
Dividend payable (Note 10) | 20,625 | 20,705 | ||
Base management and incentive fees payable (Note 4) | 13,748 | 11,819 | ||
Administrative service fees payable (Note 4) | 1,409 | 482 | ||
Other accrued expenses and liabilities | 2,872 | 2,728 | ||
Total liabilities | 1,118,381 | 1,082,546 | ||
Commitments and contingencies (Notes 9 and 12) | ||||
EQUITY | ||||
Cumulative convertible preferred stock | 50,000 | 50,000 | ||
Common stock | 517 | 532 | ||
Paid-in capital in excess of par value | 1,031,322 | 1,052,427 | ||
Offering costs | (1,633) | (1,633) | ||
Total distributable earnings (loss) | (144,555) | (152,522) | ||
Total net assets | $ 935,651 | $ 948,804 | ||
NET ASSETS PER COMMON SHARE (in dollars per share) | $ 17.16 | $ 16.91 | ||
Non-controlled/non-affiliated | ||||
ASSETS | ||||
Investments, at fair value | $ 1,642,494 | $ 1,607,731 | ||
Interest and dividend receivable | 14,311 | 11,011 | ||
Non-controlled/affiliated | ||||
ASSETS | ||||
Investments, at fair value | 41,863 | 30,286 | ||
Interest and dividend receivable | 624 | 611 | ||
Controlled/affiliated | ||||
ASSETS | ||||
Investments, at fair value | 264,600 | 275,035 | ||
Interest and dividend receivable | $ 9,393 | $ 8,522 | ||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. |
CONSOLIDATED STATEMENTS OF AS_2
CONSOLIDATED STATEMENTS OF ASSETS AND LIABILITIES (Parenthetical) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
Investments, amortized cost | $ 2,012,187 | $ 1,957,553 |
Deferred financing costs | $ 3,558 | $ 3,066 |
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Preferred stock, issued (in shares) | 2,000,000 | 2,000,000 |
Preferred stock, outstanding (in shares) | 2,000,000 | 2,000,000 |
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
Common stock, authorized (in shares) | 198,000,000 | 198,000,000 |
Common stock, issued (in shares) | 51,616,772 | 53,142,454 |
Common stock, outstanding (in shares) | 51,616,772 | 53,142,454 |
Secured debt | 2015-1 Notes | ||
Deferred financing costs | $ 2,232 | $ 2,417 |
Senior notes | ||
Deferred financing costs | 312 | 416 |
Non-controlled/non-affiliated | ||
Investments, amortized cost | 1,696,613 | 1,631,067 |
Non-controlled/affiliated | ||
Investments, amortized cost | 44,477 | 38,462 |
Controlled/affiliated | ||
Investments, amortized cost | $ 271,097 | $ 288,024 |
CONSOLIDATED STATEMENTS OF OPER
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Investment income: | ||||
PIK income | $ 11,146 | $ 2,441 | $ 18,595 | $ 6,884 |
Total investment income | 59,143 | 43,762 | 151,220 | 127,266 |
Expenses: | ||||
Base management fees (Note 4) | 7,262 | 7,233 | 21,425 | 21,024 |
Incentive fees (Note 4) | 6,451 | 4,516 | 16,137 | 13,193 |
Professional fees | 787 | 836 | 2,322 | 2,444 |
Administrative service fees (Note 4) | 470 | 400 | 1,337 | 1,057 |
Interest expense (Notes 7 and 8) | 11,491 | 7,519 | 27,172 | 21,549 |
Credit facility fees (Note 7) | 446 | 435 | 1,551 | 1,459 |
Directors’ fees and expenses | 173 | 154 | 519 | 420 |
Other general and administrative | 461 | 420 | 1,237 | 1,292 |
Total expenses | 27,541 | 21,513 | 71,700 | 62,438 |
Net investment income (loss) before taxes | 31,602 | 22,249 | 79,520 | 64,828 |
Excise tax expense | 449 | 163 | 978 | 426 |
Net investment income (loss) | 31,153 | 22,086 | 78,542 | 64,402 |
Net realized gain (loss) on investments: | ||||
Net realized gain (loss) on investments | 1,385 | 11,183 | ||
Currency gains (losses) on non-investment assets and liabilities | (71) | (9) | (478) | (147) |
Net change in unrealized appreciation (depreciation) on investments: | ||||
Net change in unrealized appreciation (depreciation) on investments | (18,729) | 49,134 | ||
Net change in unrealized currency gains (losses) on non-investment assets and liabilities | 5,461 | 1,991 | 12,458 | 1,820 |
Net realized and unrealized gain (loss) on investments and non-investment assets and liabilities | 6,677 | 25,534 | (5,364) | 61,990 |
Net increase (decrease) in net assets resulting from operations | 37,830 | 47,620 | 73,178 | 126,392 |
Preferred stock dividend | 875 | 875 | 2,625 | 2,625 |
Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders | $ 36,955 | $ 46,745 | $ 70,553 | $ 123,767 |
Basic and diluted earnings per share | ||||
Basic (in dollars per share) | $ 0.71 | $ 0.87 | $ 1.35 | $ 2.27 |
Diluted (in dollars per share) | $ 0.66 | $ 0.80 | $ 1.27 | $ 2.11 |
Weighted-average common shares outstanding | ||||
Basic (in shares) | 51,863,022 | 53,955,338 | 52,388,355 | 54,506,760 |
Diluted (in shares) | 57,182,634 | 59,230,725 | 57,707,967 | 59,782,147 |
Non-controlled/non-affiliated | ||||
Investment income: | ||||
Interest income | $ 36,245 | $ 32,946 | $ 97,986 | $ 92,920 |
PIK income | 4,337 | 2,441 | 11,786 | 6,884 |
Other income | 2,971 | 750 | 6,565 | 4,618 |
Total investment income | 43,553 | 36,137 | 116,337 | 104,422 |
Net realized gain (loss) on investments: | ||||
Net realized gain (loss) on investments | (4,508) | 7,565 | (586) | 11,181 |
Net change in unrealized appreciation (depreciation) on investments: | ||||
Net change in unrealized appreciation (depreciation) on investments | 1,899 | 4,574 | (30,783) | 38,828 |
Non-controlled/affiliated | ||||
Investment income: | ||||
Interest income | 1,254 | 47 | 1,350 | 130 |
PIK income | 6,809 | 0 | 6,809 | 0 |
Other income | 3 | 2 | 7 | 8 |
Total investment income | 8,066 | 49 | 8,166 | 138 |
Net realized gain (loss) on investments: | ||||
Net realized gain (loss) on investments | 0 | 0 | 0 | 2 |
Net change in unrealized appreciation (depreciation) on investments: | ||||
Net change in unrealized appreciation (depreciation) on investments | 1,974 | 1,683 | 5,562 | 3,219 |
Controlled/affiliated | ||||
Investment income: | ||||
Interest income | 0 | 46 | 3,873 | 157 |
Dividend income | 7,524 | 7,523 | 22,572 | 22,539 |
Other income | 0 | 7 | 272 | 10 |
Total investment income | 7,524 | 7,576 | 26,717 | 22,706 |
Net realized gain (loss) on investments: | ||||
Net realized gain (loss) on investments | 0 | 0 | 1,971 | 0 |
Net change in unrealized appreciation (depreciation) on investments: | ||||
Net change in unrealized appreciation (depreciation) on investments | $ 1,922 | $ 9,730 | $ 6,492 | $ 7,087 |
CONSOLIDATED STATEMENTS OF CHAN
CONSOLIDATED STATEMENTS OF CHANGES IN NET ASSETS - USD ($) $ in Thousands | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Net increase (decrease) in net assets resulting from operations: | ||
Net investment income (loss) | $ 78,542 | $ 64,402 |
Net realized gain (loss) | 907 | 11,036 |
Net change in unrealized appreciation (depreciation) on investments | (18,729) | 49,134 |
Net change in unrealized currency gains (losses) on non-investment assets and liabilities | 12,458 | 1,820 |
Net increase (decrease) in net assets resulting from operations | 73,178 | 126,392 |
Capital transactions: | ||
Repurchase of common stock | (21,120) | (20,497) |
Dividends declared on preferred and common stock (Note 10) | (65,211) | (62,864) |
Net increase (decrease) in net assets resulting from capital share transactions | (86,331) | (83,361) |
Net increase (decrease) in net assets | (13,153) | 43,031 |
Net Assets at beginning of period | 948,804 | 901,363 |
Net Assets at end of period | $ 935,651 | $ 944,394 |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Cash flows from operating activities: | ||
Net increase (decrease) in net assets resulting from operations | $ 73,178 | $ 126,392 |
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities: | ||
Amortization of deferred financing costs | 1,087 | 759 |
Net accretion of discount on investments | (7,934) | (6,530) |
PIK income | (20,842) | (6,958) |
Net realized (gain) loss on investments | (1,385) | (11,183) |
Net realized currency (gain) loss on non-investment assets and liabilities | 478 | 147 |
Net change in unrealized (appreciation) depreciation on investments | 18,729 | (49,134) |
Net change in unrealized currency (gains) losses on non-investment assets and liabilities | (12,458) | (1,820) |
Cost of investments purchased and change in payable for investments purchased | (503,881) | (628,333) |
Proceeds from sales and repayments of investments and change in receivable for investments sold/repaid | 488,122 | 560,052 |
Changes in operating assets: | ||
Interest receivable | (3,313) | (864) |
Dividend receivable | (871) | (1,386) |
Prepaid expenses and other assets | (2,177) | (560) |
Changes in operating liabilities: | ||
Interest and credit facility fees payable | 2,773 | 606 |
Base management and incentive fees payable | 1,929 | 203 |
Administrative service fees payable | 927 | 576 |
Other accrued expenses and liabilities | 144 | (506) |
Net cash provided by (used in) operating activities | 34,506 | (18,539) |
Cash flows from financing activities: | ||
Repurchase of common stock | (21,120) | (20,497) |
Borrowings on SPV Credit Facility and Credit Facility | 313,511 | 337,031 |
Repayments of SPV Credit Facility and Credit Facility | (284,746) | (257,500) |
Debt issuance costs paid | (1,290) | (382) |
Dividends paid in cash | (65,291) | (62,368) |
Net cash provided by (used in) financing activities | (58,936) | (3,716) |
Net increase (decrease) in cash, cash equivalents and restricted cash | (24,430) | (22,255) |
Cash, cash equivalents, and restricted cash, beginning of period | 93,074 | 68,419 |
Cash, cash equivalents, and restricted cash, end of period | 68,644 | 46,164 |
Supplemental disclosures: | ||
Interest paid during the period | 24,902 | 21,750 |
Taxes, including excise tax, paid during the period | 774 | 641 |
Dividends declared on preferred stock and common stock during the period | $ 65,211 | $ 62,864 |
CONSOLIDATED SCHEDULE OF INVEST
CONSOLIDATED SCHEDULE OF INVESTMENTS € in Thousands, £ in Thousands, shares in Thousands, $ in Thousands | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2022 USD ($) shares | Dec. 31, 2021 USD ($) shares | Sep. 30, 2022 GBP (£) shares | Sep. 30, 2022 EUR (€) shares | Dec. 31, 2021 GBP (£) shares | Dec. 31, 2021 EUR (€) shares | Dec. 31, 2020 USD ($) | ||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 2,012,187 | $ 1,957,553 | ||||||||||||
Fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] | ||||||||||
Percent of net assets | 208.30% | 201.63% | 208.30% | 208.30% | 201.63% | 201.63% | ||||||||
Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Non-controlled/non-affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 1,696,613 | [3] | $ 1,631,067 | [4] | ||||||||||
Fair value | $ 1,642,494 | [1],[3] | $ 1,607,731 | [4],[5] | ||||||||||
Percent of net assets | 175.55% | [3] | 169.45% | [4] | 175.55% | [3] | 175.55% | [3] | 169.45% | [4] | 169.45% | [4] | ||
Non-controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 44,477 | $ 38,462 | ||||||||||||
Fair value | $ 41,863 | [1] | $ 30,286 | [5] | ||||||||||
Percent of net assets | 4.47% | 3.19% | 4.47% | 4.47% | 3.19% | 3.19% | ||||||||
Controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 271,097 | $ 288,024 | ||||||||||||
Fair value | $ 264,600 | [1] | $ 275,035 | [2] | ||||||||||
Percent of net assets | 28.29% | 29% | 28.29% | 28.29% | 29% | 29% | ||||||||
First Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 1,380,925 | $ 1,271,794 | ||||||||||||
Fair value | $ 1,328,594 | $ 1,232,084 | ||||||||||||
First Lien Debt | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 68.20% | 64.40% | ||||||||||||
First Lien Debt | Non-controlled/non-affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 1,336,448 | [3],[6] | $ 1,219,219 | [4],[7] | ||||||||||
Fair value | $ 1,286,731 | [1],[3] | $ 1,188,862 | [4],[5] | ||||||||||
Percent of net assets | 137.52% | [3] | 125.30% | [4] | 137.52% | [3] | 137.52% | [3] | 125.30% | [4] | 125.30% | [4] | ||
First Lien Debt | Non-controlled/non-affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 66% | [3] | 62.10% | [4] | ||||||||||
First Lien Debt | Non-controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 44,477 | [6] | $ 38,462 | [7] | ||||||||||
Fair value | $ 41,863 | [1] | $ 30,286 | [5] | ||||||||||
Percent of net assets | 4.47% | 3.19% | 4.47% | 4.47% | 3.19% | 3.19% | ||||||||
First Lien Debt | Non-controlled/affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 2.10% | 1.60% | ||||||||||||
First Lien Debt | Controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [7] | $ 14,113 | ||||||||||||
Fair value | [5] | $ 12,936 | ||||||||||||
Percent of net assets | 1.36% | 1.36% | 1.36% | |||||||||||
First Lien Debt | Controlled/affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 0.70% | |||||||||||||
Second Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 270,772 | $ 341,538 | ||||||||||||
Fair value | $ 263,211 | $ 341,776 | ||||||||||||
Second Lien Debt | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 13.50% | 17.90% | ||||||||||||
Second Lien Debt | Non-controlled/non-affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 270,772 | [3],[6] | $ 341,538 | [4],[7] | ||||||||||
Fair value | $ 263,211 | [1],[3] | $ 341,776 | [4],[5] | ||||||||||
Percent of net assets | 28.13% | [3] | 36.02% | [4] | 28.13% | [3] | 28.13% | [3] | 36.02% | [4] | 36.02% | [4] | ||
Second Lien Debt | Non-controlled/non-affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 13.50% | [3] | 17.90% | [4] | ||||||||||
Equity Investments | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 89,393 | $ 73,125 | ||||||||||||
Fair value | $ 92,552 | |||||||||||||
Equity Investments | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 4.70% | 4% | ||||||||||||
Equity Investments | Non-controlled/non-affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 89,393 | [3] | $ 70,310 | [4] | ||||||||||
Fair value | $ 92,552 | [1],[3] | $ 77,093 | [4],[5] | ||||||||||
Percent of net assets | 9.90% | [3] | 8.13% | [4] | 9.90% | [3] | 9.90% | [3] | 8.13% | [4] | 8.13% | [4] | ||
Equity Investments | Non-controlled/non-affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 4.80% | [3] | 4% | [4] | ||||||||||
Equity Investments | Non-controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 43 | 43 | 43 | |||||||||||
Amortized cost | $ 0 | $ 0 | ||||||||||||
Fair value | $ 0 | [1] | $ 0 | [5] | ||||||||||
Percent of net assets | 0% | 0% | 0% | 0% | 0% | 0% | ||||||||
Equity Investments | Non-controlled/affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 0% | 0% | ||||||||||||
Equity Investments | Controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 2,815 | |||||||||||||
Fair value | [5] | $ 0 | ||||||||||||
Percent of net assets | 0% | 0% | 0% | |||||||||||
Equity Investments | Controlled/affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 0% | |||||||||||||
Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 271,097 | $ 271,096 | ||||||||||||
Fair value | $ 264,600 | $ 262,099 | ||||||||||||
Investment Funds | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 13.60% | 13.70% | ||||||||||||
Investment Funds | Controlled/affiliated | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 271,097 | $ 271,096 | ||||||||||||
Fair value | $ 264,600 | [1] | $ 262,099 | [2] | ||||||||||
Percent of net assets | 28.29% | 27.62% | 28.29% | 28.29% | 27.62% | 27.62% | ||||||||
Investment Funds | Controlled/affiliated | Investments at fair value | Investment type concentration | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 13.60% | 13.70% | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | $ 2,961 | $ 2,961 | ||||||||||||
Amortized cost | 0 | 0 | ||||||||||||
Fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | 13,996 | 13,996 | ||||||||||||
Amortized cost | 5,364 | 5,364 | ||||||||||||
Fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - ACR Group Borrower, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.25% | 450% | 450% | 4.25% | 4.25% | ||||||||
Interest rate | 8.12% | 5.50% | 8.12% | 8.12% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 37,278 | $ 34,477 | ||||||||||||
Amortized cost | 36,780 | 33,913 | ||||||||||||
Fair value | $ 36,368 | $ 34,477 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - API Technologies Corp. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.92% | 4.35% | 7.92% | 7.92% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 14,512 | $ 14,625 | ||||||||||||
Amortized cost | 14,471 | 14,575 | ||||||||||||
Fair value | $ 13,227 | $ 14,251 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 350% | 3.50% | 350% | 350% | 3.50% | 3.50% | ||||||||
Interest rate | 6.62% | 3.78% | 6.62% | 6.62% | 3.78% | 3.78% | ||||||||
Par/principal amount | $ 25,182 | $ 25,376 | ||||||||||||
Amortized cost | 25,162 | 25,353 | ||||||||||||
Fair value | $ 23,294 | $ 25,203 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.25% | 4.25% | 4.25% | |||||||||||
Interest rate | 4.75% | 4.75% | 4.75% | |||||||||||
Par/principal amount | $ 6,700 | |||||||||||||
Amortized cost | 6,650 | |||||||||||||
Fair value | $ 6,687 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.25% | 525% | 525% | 5.25% | 5.25% | ||||||||
Interest rate | 8.07% | 6.25% | 8.07% | 8.07% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 20,161 | $ 19,796 | ||||||||||||
Amortized cost | 20,150 | 19,781 | ||||||||||||
Fair value | $ 19,630 | $ 19,587 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Anchor Packaging, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.12% | 4.10% | 7.12% | 7.12% | 4.10% | 4.10% | ||||||||
Par/principal amount | $ 24,284 | $ 24,472 | ||||||||||||
Amortized cost | 24,210 | 24,385 | ||||||||||||
Fair value | $ 23,464 | $ 24,215 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Aptean, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.35% | 7.32% | 7.32% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 12,062 | $ 12,157 | ||||||||||||
Amortized cost | 12,026 | 12,113 | ||||||||||||
Fair value | $ 11,459 | $ 12,087 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avalign Technologies, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.62% | 4.63% | 7.62% | 7.62% | 4.63% | 4.63% | ||||||||
Par/principal amount | $ 14,331 | $ 14,443 | ||||||||||||
Amortized cost | 14,259 | 14,354 | ||||||||||||
Fair value | $ 14,003 | $ 14,320 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 23,350 | |||||||||||||
Amortized cost | 23,350 | |||||||||||||
Fair value | $ 23,350 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 11,160 | $ 11,244 | ||||||||||||
Amortized cost | 11,073 | 11,143 | ||||||||||||
Fair value | $ 11,002 | $ 11,071 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,911 | $ 6,964 | ||||||||||||
Amortized cost | 6,911 | 6,964 | ||||||||||||
Fair value | $ 6,862 | $ 6,964 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.64% | 5.50% | 7.64% | 7.64% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 13,805 | $ 13,912 | ||||||||||||
Amortized cost | 13,563 | 13,480 | ||||||||||||
Fair value | $ 13,576 | $ 13,845 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chudy Group, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 33,021 | |||||||||||||
Amortized cost | 32,465 | |||||||||||||
Fair value | $ 33,657 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - DTI Holdco, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.33% | 5.75% | 7.33% | 7.33% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 30,000 | $ 18,495 | ||||||||||||
Amortized cost | 29,429 | 18,442 | ||||||||||||
Fair value | $ 28,450 | $ 18,237 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 6.25% | 625% | 625% | 6.25% | 6.25% | ||||||||
Interest rate | 9.11% | 7.25% | 9.11% | 9.11% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 10,044 | $ 9,049 | ||||||||||||
Amortized cost | 9,855 | 8,816 | ||||||||||||
Fair value | $ 9,715 | $ 9,228 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Divisions Holding Corporation - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.50% | 7.87% | 7.87% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 24,750 | $ 24,938 | ||||||||||||
Amortized cost | 24,543 | 24,706 | ||||||||||||
Fair value | $ 23,667 | $ 24,953 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 9.42% | 6.75% | 9.42% | 9.42% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 33,810 | $ 32,846 | ||||||||||||
Amortized cost | 33,208 | 32,169 | ||||||||||||
Fair value | $ 32,851 | $ 32,507 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 4.50% | 575% | 575% | 4.50% | 4.50% | ||||||||
Interest rate | 9.30% | 4.60% | 9.30% | 9.30% | 4.60% | 4.60% | ||||||||
Par/principal amount | $ 19,424 | $ 15,159 | ||||||||||||
Amortized cost | 19,187 | 15,103 | ||||||||||||
Fair value | $ 19,178 | $ 15,152 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 40,494 | $ 40,196 | ||||||||||||
Amortized cost | 40,460 | 40,126 | ||||||||||||
Fair value | $ 39,816 | $ 39,973 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Exactech, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 375% | 3.75% | 375% | 375% | 3.75% | 3.75% | ||||||||
Interest rate | 6.87% | 4.75% | 6.87% | 6.87% | 4.75% | 4.75% | ||||||||
Par/principal amount | $ 21,138 | $ 21,307 | ||||||||||||
Amortized cost | 21,071 | 21,221 | ||||||||||||
Fair value | $ 18,882 | $ 21,073 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Excel Fitness Holdings, Inc. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 24,500 | |||||||||||||
Amortized cost | 24,336 | |||||||||||||
Fair value | $ 24,500 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.25% | 575% | 575% | 5.25% | 5.25% | ||||||||
Interest rate | 8.89% | 6.25% | 8.89% | 8.89% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,552 | $ 14,736 | ||||||||||||
Amortized cost | 14,277 | 14,269 | ||||||||||||
Fair value | $ 14,552 | $ 14,736 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - GSM Acquisition Corp. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.73% | 6% | 8.73% | 8.73% | 6% | 6% | ||||||||
Par/principal amount | $ 30,207 | $ 25,623 | ||||||||||||
Amortized cost | 29,944 | 25,331 | ||||||||||||
Fair value | $ 28,849 | $ 25,396 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - HMT Holding Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 5.75% | 625% | 625% | 5.75% | 5.75% | ||||||||
Interest rate | 9.27% | 6.75% | 9.27% | 9.27% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 32,232 | $ 32,484 | ||||||||||||
Amortized cost | 32,086 | 32,245 | ||||||||||||
Fair value | $ 30,289 | $ 31,086 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 6% | 575% | 575% | 6% | 6% | ||||||||
Interest rate | 8.80% | 7% | 8.80% | 8.80% | 7% | 7% | ||||||||
Par/principal amount | $ 7,260 | $ 17,664 | ||||||||||||
Amortized cost | 7,171 | 17,664 | ||||||||||||
Fair value | $ 7,143 | $ 17,735 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 600% | 600% | |||||||||||
Interest rate | 9.12% | 9.12% | 9.12% | |||||||||||
Par/principal amount | $ 24,317 | |||||||||||||
Amortized cost | 24,233 | |||||||||||||
Fair value | $ 24,121 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Higginbotham Insurance Agency, Inc.. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 525% | 525% | |||||||||||
Interest rate | 8.37% | 8.37% | 8.37% | |||||||||||
Par/principal amount | $ 4,500 | |||||||||||||
Amortized cost | 4,438 | |||||||||||||
Fair value | $ 4,417 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Integrity Marketing Acquisition, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8% | 6.25% | 8% | 8% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 44,004 | $ 32,853 | ||||||||||||
Amortized cost | 43,572 | 32,309 | ||||||||||||
Fair value | $ 41,830 | $ 32,403 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Jensen Hughes, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.29% | 5.50% | 7.29% | 7.29% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 34,127 | $ 34,392 | ||||||||||||
Amortized cost | 34,097 | 34,347 | ||||||||||||
Fair value | $ 33,105 | $ 33,395 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.63% | 6% | 8.63% | 8.63% | 6% | 6% | ||||||||
Par/principal amount | $ 12,831 | $ 12,929 | ||||||||||||
Amortized cost | 12,832 | 12,929 | ||||||||||||
Fair value | $ 12,780 | $ 12,906 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KAMC Holdings, Inc. - Energy: Electricity | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.07% | 4.18% | 7.07% | 7.07% | 4.18% | 4.18% | ||||||||
Par/principal amount | $ 13,580 | $ 13,685 | ||||||||||||
Amortized cost | 13,540 | 13,638 | ||||||||||||
Fair value | $ 10,983 | $ 11,450 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KBP Investments, LLC - Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5% | 550% | 550% | 5% | 5% | ||||||||
Interest rate | 8.40% | 5.75% | 8.40% | 8.40% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 37,173 | $ 36,973 | ||||||||||||
Amortized cost | 36,966 | 36,599 | ||||||||||||
Fair value | $ 34,700 | $ 36,570 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Odyssey Logistics & Technology Corp. - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 6.81% | 5% | 6.81% | 6.81% | 5% | 5% | ||||||||
Par/principal amount | $ 9,530 | $ 9,605 | ||||||||||||
Amortized cost | 9,512 | 9,580 | ||||||||||||
Fair value | $ 9,196 | $ 9,509 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Output Services Group - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 4.50% | 5.25% | 5.25% | 4.50% | 4.50% | ||||||||
Interest, PIK | 1.50% | 1.50% | 1.50% | |||||||||||
Interest rate | 9.80% | 5.50% | 9.80% | 9.80% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 19,168 | $ 19,222 | ||||||||||||
Amortized cost | 19,145 | 19,194 | ||||||||||||
Fair value | $ 13,519 | $ 16,467 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 15,435 | |||||||||||||
Amortized cost | 15,196 | |||||||||||||
Fair value | $ 15,167 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Premise Health Holding Corp. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 3.75% | 3.50% | 3.75% | 3.75% | 3.50% | 3.50% | ||||||||
Interest rate | 7.92% | 3.72% | 7.92% | 7.92% | 3.72% | 3.72% | ||||||||
Par/principal amount | $ 13,341 | $ 13,445 | ||||||||||||
Amortized cost | 13,312 | 13,409 | ||||||||||||
Fair value | $ 13,244 | $ 13,419 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Q Holding Company - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 21,515 | |||||||||||||
Amortized cost | 21,421 | |||||||||||||
Fair value | $ 21,098 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 6.25% | 550% | 550% | 6.25% | 6.25% | ||||||||
Interest rate | 8.05% | 7.25% | 8.05% | 8.05% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 21,630 | $ 14,116 | ||||||||||||
Amortized cost | 21,483 | 13,887 | ||||||||||||
Fair value | $ 21,147 | $ 13,645 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Radiology Partners, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.36% | 7.32% | 7.32% | 4.36% | 4.36% | ||||||||
Par/principal amount | $ 27,686 | $ 27,686 | ||||||||||||
Amortized cost | 27,619 | 27,603 | ||||||||||||
Fair value | $ 24,173 | $ 27,245 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - RevSpring Inc. - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4.25% | 400% | 400% | 4.25% | 4.25% | ||||||||
Interest rate | 7.67% | 4.47% | 7.67% | 7.67% | 4.47% | 4.47% | ||||||||
Par/principal amount | $ 28,924 | $ 29,149 | ||||||||||||
Amortized cost | 28,803 | 29,001 | ||||||||||||
Fair value | $ 27,694 | $ 29,067 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 575% | 575% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 11,314 | |||||||||||||
Amortized cost | 11,314 | |||||||||||||
Fair value | $ 11,314 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Striper Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8.62% | 6.25% | 8.62% | 8.62% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,738 | $ 14,850 | ||||||||||||
Amortized cost | 14,625 | 14,720 | ||||||||||||
Fair value | $ 14,715 | $ 14,850 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 34,339 | $ 13,960 | ||||||||||||
Amortized cost | 34,115 | 13,960 | ||||||||||||
Fair value | $ 33,641 | $ 13,661 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - U.S. TelePacific Holdings Corp. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 1% | 5.50% | 1% | 1% | 5.50% | 5.50% | ||||||||
Interest, PIK | 7.25% | 7.25% | 7.25% | |||||||||||
Interest rate | 11.32% | 6.50% | 11.32% | 11.32% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,957 | $ 6,660 | ||||||||||||
Amortized cost | 6,944 | 6,643 | ||||||||||||
Fair value | $ 2,783 | $ 4,995 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 9.67% | 7% | 9.67% | 9.67% | 7% | 7% | ||||||||
Par/principal amount | $ 14,883 | $ 14,995 | ||||||||||||
Amortized cost | 14,625 | 14,704 | ||||||||||||
Fair value | $ 14,300 | $ 14,704 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - VRC Companies, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.25% | 6.25% | 9.25% | 9.25% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 28,965 | $ 26,520 | ||||||||||||
Amortized cost | 28,599 | 26,103 | ||||||||||||
Fair value | $ 28,093 | $ 26,162 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - WRE Holding Corp. - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 8.79% | 6.50% | 8.79% | 8.79% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,428 | $ 8,740 | ||||||||||||
Amortized cost | 8,426 | 8,724 | ||||||||||||
Fair value | $ 8,268 | $ 8,584 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Welocalize, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.75% | 7.87% | 7.87% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 33,885 | $ 34,201 | ||||||||||||
Amortized cost | 33,617 | 33,868 | ||||||||||||
Fair value | $ 32,764 | $ 33,444 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 8.80% | 6.75% | 8.80% | 8.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 39,600 | $ 39,900 | ||||||||||||
Amortized cost | 38,921 | 39,135 | ||||||||||||
Fair value | $ 37,976 | $ 39,095 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | 5% | 5% | 5% | ||||||||
Interest rate | 8.58% | 6% | 8.58% | 8.58% | 6% | 6% | ||||||||
Par/principal amount | $ 9,870 | $ 9,946 | ||||||||||||
Amortized cost | 9,858 | 9,930 | ||||||||||||
Fair value | $ 9,833 | $ 9,946 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.42% | 8.42% | 8.42% | |||||||||||
Par/principal amount | $ 3,300 | |||||||||||||
Amortized cost | 3,190 | |||||||||||||
Fair value | $ 3,181 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | ||||||||
Interest, PIK | 3.50% | 1.50% | 3.50% | 3.50% | 1.50% | 1.50% | ||||||||
Interest rate | 13.39% | 9.25% | 13.39% | 13.39% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 8,968 | $ 8,415 | ||||||||||||
Amortized cost | 8,968 | 8,415 | ||||||||||||
Fair value | $ 8,939 | $ 8,415 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | ||||||||
Interest rate | 9.93% | 8.25% | 9.93% | 9.93% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 7,512 | $ 1,197 | ||||||||||||
Amortized cost | 7,379 | 1,178 | ||||||||||||
Fair value | $ 7,338 | $ 1,198 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 7.25% | 6% | 6% | 7.25% | 7.25% | ||||||||
Interest rate | 8.46% | 8.25% | 8.46% | 8.46% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 5,357 | $ 5,357 | ||||||||||||
Amortized cost | 5,309 | 5,295 | ||||||||||||
Fair value | $ 5,357 | $ 5,357 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.78% | 7% | 8.78% | 8.78% | 7% | 7% | ||||||||
Par/principal amount | $ 4,322 | $ 4,355 | ||||||||||||
Amortized cost | 4,250 | 4,273 | ||||||||||||
Fair value | $ 4,065 | $ 3,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 987 | |||||||||||||
Amortized cost | 980 | |||||||||||||
Fair value | $ 987 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 3,250 | $ 3,275 | ||||||||||||
Amortized cost | 3,199 | 3,216 | ||||||||||||
Fair value | $ 3,204 | $ 3,224 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Captive Resources Midco, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,193 | |||||||||||||
Amortized cost | 8,108 | |||||||||||||
Fair value | $ 8,147 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.50% | 5.25% | 5.25% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 9,848 | $ 9,924 | ||||||||||||
Amortized cost | 9,835 | 9,907 | ||||||||||||
Fair value | $ 9,796 | $ 9,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 9.39% | 6.75% | 9.39% | 9.39% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 8,642 | $ 8,710 | ||||||||||||
Amortized cost | 8,588 | 8,632 | ||||||||||||
Fair value | $ 8,269 | $ 8,536 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5% | 5.50% | 5.50% | 5% | 5% | ||||||||
Interest rate | 7.78% | 6% | 7.78% | 7.78% | 6% | 6% | ||||||||
Par/principal amount | $ 8,646 | $ 8,712 | ||||||||||||
Amortized cost | 8,543 | 8,591 | ||||||||||||
Fair value | $ 8,569 | $ 8,707 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 10,000 | |||||||||||||
Amortized cost | 9,939 | |||||||||||||
Fair value | $ 9,974 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 9.38% | 9.38% | 9.38% | |||||||||||
Par/principal amount | $ 9,939 | |||||||||||||
Amortized cost | 9,885 | |||||||||||||
Fair value | $ 9,797 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Ethos Veterinary Health LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.75% | 4.75% | 4.75% | |||||||||||
Interest rate | 4.85% | 4.85% | 4.85% | |||||||||||
Par/principal amount | $ 8,134 | |||||||||||||
Amortized cost | 8,080 | |||||||||||||
Fair value | $ 8,134 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,643 | $ 8,710 | ||||||||||||
Amortized cost | 8,639 | 8,701 | ||||||||||||
Fair value | $ 8,508 | $ 8,666 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | ||||||||
Interest rate | 8.79% | 6.25% | 8.79% | 8.79% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 9,926 | $ 4,717 | ||||||||||||
Amortized cost | 9,903 | 4,707 | ||||||||||||
Fair value | $ 9,891 | $ 4,669 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.56% | 8.56% | 8.56% | |||||||||||
Par/principal amount | $ 6,463 | |||||||||||||
Amortized cost | 6,270 | |||||||||||||
Fair value | $ 6,135 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 8.85% | 8.85% | 8.85% | |||||||||||
Par/principal amount | $ 4,883 | |||||||||||||
Amortized cost | 4,718 | |||||||||||||
Fair value | $ 4,655 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8% | 8% | 8% | |||||||||||
Par/principal amount | $ 4,546 | |||||||||||||
Amortized cost | 4,366 | |||||||||||||
Fair value | $ 4,321 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 9,012 | |||||||||||||
Amortized cost | 8,914 | |||||||||||||
Fair value | $ 8,998 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 8.63% | 8.63% | 8.63% | |||||||||||
Par/principal amount | $ 8,944 | |||||||||||||
Amortized cost | 8,850 | |||||||||||||
Fair value | $ 8,911 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest, PIK | 1% | 1% | 1% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 9,092 | |||||||||||||
Amortized cost | 8,987 | |||||||||||||
Fair value | $ 9,038 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 5.75% | 6% | 6% | 5.75% | 5.75% | ||||||||
Interest rate | 9.64% | 6.50% | 9.64% | 9.64% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,846 | 7,896 | ||||||||||||
Fair value | $ 7,561 | $ 7,891 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 6% | 6.25% | 6.25% | 6% | 6% | ||||||||
Interest rate | 9.92% | 7% | 9.92% | 9.92% | 7% | 7% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,774 | 7,814 | ||||||||||||
Fair value | $ 7,069 | $ 7,808 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 8.87% | 6.50% | 8.87% | 8.87% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,640 | $ 8,708 | ||||||||||||
Amortized cost | 8,640 | 8,680 | ||||||||||||
Fair value | $ 8,435 | $ 8,601 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - National Technical Systems, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 8,733 | |||||||||||||
Amortized cost | 8,720 | |||||||||||||
Fair value | $ 8,733 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,669 | |||||||||||||
Fair value | $ 9,802 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.05% | 8.05% | 8.05% | |||||||||||
Par/principal amount | $ 9,973 | |||||||||||||
Amortized cost | 9,825 | |||||||||||||
Fair value | $ 9,796 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,401 | |||||||||||||
Amortized cost | 8,277 | |||||||||||||
Fair value | $ 8,434 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.38% | 8.38% | 8.38% | |||||||||||
Par/principal amount | $ 8,337 | |||||||||||||
Amortized cost | 8,231 | |||||||||||||
Fair value | $ 7,983 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Redwood Services Group, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 7% | 7% | 7% | |||||||||||
Par/principal amount | $ 8,736 | |||||||||||||
Amortized cost | 8,724 | |||||||||||||
Fair value | $ 8,737 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 8,173 | |||||||||||||
Amortized cost | 8,074 | |||||||||||||
Fair value | $ 8,173 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 8,111 | |||||||||||||
Amortized cost | 8,032 | |||||||||||||
Fair value | $ 8,111 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Superior Health Linens, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 6,875 | |||||||||||||
Amortized cost | 6,875 | |||||||||||||
Fair value | $ 6,875 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.69% | 7% | 8.69% | 8.69% | 7% | 7% | ||||||||
Par/principal amount | $ 1,688 | $ 1,701 | ||||||||||||
Amortized cost | 1,667 | 1,676 | ||||||||||||
Fair value | $ 1,407 | $ 1,458 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 8,029 | $ 8,091 | ||||||||||||
Amortized cost | 7,913 | 7,950 | ||||||||||||
Fair value | $ 7,870 | $ 7,929 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.29% | 9.29% | 9.29% | |||||||||||
Par/principal amount | $ 6,186 | |||||||||||||
Amortized cost | 6,178 | |||||||||||||
Fair value | $ 6,082 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | ||||||||
Interest, PIK | 0.25% | 0.25% | 0.25% | |||||||||||
Interest rate | 8.78% | 7.50% | 8.78% | 8.78% | 7.50% | 7.50% | ||||||||
Par/principal amount | $ 3,111 | $ 3,267 | ||||||||||||
Amortized cost | 3,071 | 3,217 | ||||||||||||
Fair value | $ 2,955 | $ 3,189 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - USLS Acquisition, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 6,234 | |||||||||||||
Amortized cost | 6,223 | |||||||||||||
Fair value | $ 6,165 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 5.75% | 6.25% | 6.25% | 5.75% | 5.75% | ||||||||
Interest rate | 9.80% | 6.75% | 9.80% | 9.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 6,433 | $ 6,418 | ||||||||||||
Amortized cost | 6,374 | 6,337 | ||||||||||||
Fair value | $ 6,304 | $ 6,359 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Wineshipping.com LLC - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 7.63% | 7.63% | 7.63% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,618 | |||||||||||||
Fair value | $ 9,483 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AI Convoy S.A.R.L (United Kingdom) - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | ||||||||
Interest rate | 9.80% | 9.25% | 9.80% | 9.80% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 5,514 | $ 5,514 | ||||||||||||
Amortized cost | 5,422 | 5,413 | ||||||||||||
Fair value | $ 5,734 | $ 5,720 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AP Plastics Acquisition Holdings, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.49% | 8.25% | 10.49% | 10.49% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 4,500 | $ 4,500 | ||||||||||||
Amortized cost | 4,417 | 4,410 | ||||||||||||
Fair value | $ 4,406 | $ 4,526 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AQA Acquisition Holdings, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.57% | 8% | 10.57% | 10.57% | 8% | 8% | ||||||||
Par/principal amount | $ 5,000 | $ 5,000 | ||||||||||||
Amortized cost | 4,890 | 4,881 | ||||||||||||
Fair value | $ 4,843 | $ 5,004 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Quartz Holding Company - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | 8% | 8% | 8% | 8% | 8% | ||||||||
Interest rate | 11.12% | 8.10% | 11.12% | 11.12% | 8.10% | 8.10% | ||||||||
Par/principal amount | $ 4,852 | $ 4,852 | ||||||||||||
Amortized cost | 4,789 | 4,781 | ||||||||||||
Fair value | $ 4,821 | $ 4,852 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | |||||||||||
Interest rate | 8.35% | 8.35% | 8.35% | |||||||||||
Par/principal amount | $ 5,514 | |||||||||||||
Amortized cost | 5,446 | |||||||||||||
Fair value | $ 5,569 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Interest rate | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Par/principal amount | $ 5,465 | $ 5,465 | ||||||||||||
Amortized cost | 5,379 | 5,368 | ||||||||||||
Fair value | 5,220 | 5,422 | ||||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 39,132 | 27,555 | $ 24,949 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (2) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 2,731 | 2,731 | 1,231 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | $ 0 | $ 0 | 0 | |||||||||||
Investment, Identifier [Axis]: Equity Investments, ANLG Holdings, LLC, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 592 | [8],[9] | 592 | [10],[11] | 592 | [8],[9] | 592 | [8],[9] | 592 | [10],[11] | 592 | [10],[11] | ||
Amortized cost | $ 592 | [8],[9] | $ 592 | [10],[11] | ||||||||||
Fair value | $ 649 | [1],[8],[9] | $ 821 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.07% | [8],[9] | 0.09% | [10],[11] | 0.07% | [8],[9] | 0.07% | [8],[9] | 0.09% | [10],[11] | 0.09% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 5 | 5 | 5 | ||||||||||
Amortized cost | [8],[9] | $ 4,861 | ||||||||||||
Fair value | [1],[8],[9] | $ 4,843 | ||||||||||||
Percent of net assets | [8],[9] | 0.52% | 0.52% | 0.52% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 5 | 5 | 5 | ||||||||||
Amortized cost | [10],[11] | $ 4,457 | ||||||||||||
Fair value | [5],[10],[11] | $ 4,662 | ||||||||||||
Percent of net assets | [10],[11] | 0.49% | 0.49% | 0.49% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Atlas Ontario LP (Canada), Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 5,114 | [8],[9],[12] | 5,114 | [2],[10],[11] | 5,114 | [8],[9],[12] | 5,114 | [8],[9],[12] | 5,114 | [2],[10],[11] | 5,114 | [2],[10],[11] | ||
Amortized cost | $ 5,114 | [8],[9],[12] | $ 5,114 | [2],[10],[11] | ||||||||||
Fair value | $ 5,114 | [1],[8],[9],[12] | $ 5,114 | [2],[5],[10],[11] | ||||||||||
Percent of net assets | 0.55% | [8],[9],[12] | 0.54% | [2],[10],[11] | 0.55% | [8],[9],[12] | 0.55% | [8],[9],[12] | 0.54% | [2],[10],[11] | 0.54% | [2],[10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 172 | [8],[9] | 172 | [10],[11] | 172 | [8],[9] | 172 | [8],[9] | 172 | [10],[11] | 172 | [10],[11] | ||
Amortized cost | $ 104 | [8],[9] | $ 172 | [10],[11] | ||||||||||
Fair value | $ 548 | [1],[8],[9] | $ 491 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.06% | [8],[9] | 0.05% | [10],[11] | 0.06% | [8],[9] | 0.06% | [8],[9] | 0.05% | [10],[11] | 0.05% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 10 | 10 | 10 | ||||||||||
Amortized cost | [10],[11] | $ 9,461 | ||||||||||||
Fair value | [5],[10],[11] | $ 9,461 | ||||||||||||
Percent of net assets | [10],[11] | 1% | 1% | 1% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 11 | 11 | 11 | ||||||||||
Amortized cost | [8],[9] | $ 10,436 | ||||||||||||
Fair value | [1],[8],[9] | $ 10,476 | ||||||||||||
Percent of net assets | [8],[9] | 1.12% | 1.12% | 1.12% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Buckeye Parent, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 885 | [8],[9] | 885 | [10],[11] | 885 | [8],[9] | 885 | [8],[9] | 885 | [10],[11] | 885 | [10],[11] | ||
Amortized cost | $ 885 | [8],[9] | $ 885 | [10],[11] | ||||||||||
Fair value | $ 812 | [1],[8],[9] | $ 885 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.09% | [8],[9] | 0.09% | [10],[11] | 0.09% | [8],[9] | 0.09% | [8],[9] | 0.09% | [10],[11] | 0.09% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, CIP Revolution Holdings, LLC, Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 318 | [8],[9] | 318 | [10],[11] | 318 | [8],[9] | 318 | [8],[9] | 318 | [10],[11] | 318 | [10],[11] | ||
Amortized cost | $ 318 | [8],[9] | $ 318 | [10],[11] | ||||||||||
Fair value | $ 181 | [1],[8],[9] | $ 205 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.02% | [8],[9] | 0.02% | [10],[11] | 0.02% | [8],[9] | 0.02% | [8],[9] | 0.02% | [10],[11] | 0.02% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 433 | [8],[9] | 433 | [10],[11] | 433 | [8],[9] | 433 | [8],[9] | 433 | [10],[11] | 433 | [10],[11] | ||
Amortized cost | $ 433 | [8],[9] | $ 430 | [10],[11] | ||||||||||
Fair value | $ 639 | [1],[8],[9] | $ 691 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.07% | [8],[9] | 0.07% | [10],[11] | 0.07% | [8],[9] | 0.07% | [8],[9] | 0.07% | [10],[11] | 0.07% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 250 | [8],[9],[12] | 250 | [10],[11] | 250 | [8],[9],[12] | 250 | [8],[9],[12] | 250 | [10],[11] | 250 | [10],[11] | ||
Amortized cost | $ 250 | [8],[9],[12] | $ 250 | [10],[11] | ||||||||||
Fair value | $ 606 | [1],[8],[9],[12] | $ 454 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.06% | [8],[9],[12] | 0.05% | [10],[11] | 0.06% | [8],[9],[12] | 0.06% | [8],[9],[12] | 0.05% | [10],[11] | 0.05% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 1,000 | [8],[9] | 1,000 | [10],[11] | 1,000 | [8],[9] | 1,000 | [8],[9] | 1,000 | [10],[11] | 1,000 | [10],[11] | ||
Amortized cost | $ 1,000 | [8],[9] | $ 1,000 | [10],[11] | ||||||||||
Fair value | $ 0 | [1],[8],[9] | $ 0 | [5],[10],[11] | ||||||||||
Percent of net assets | 0% | [8],[9] | 0% | [10],[11] | 0% | [8],[9] | 0% | [8],[9] | 0% | [10],[11] | 0% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 12 | [8],[9] | 11 | [10],[11] | 12 | [8],[9] | 12 | [8],[9] | 11 | [10],[11] | 11 | [10],[11] | ||
Amortized cost | $ 11,468 | [8],[9] | $ 10,269 | [10],[11] | ||||||||||
Fair value | $ 10,900 | [1],[8],[9] | $ 10,256 | [5],[10],[11] | ||||||||||
Percent of net assets | 1.15% | [8],[9] | 1.08% | [10],[11] | 1.15% | [8],[9] | 1.15% | [8],[9] | 1.08% | [10],[11] | 1.08% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 43 | [8],[9],[13] | 43 | [10],[11],[14] | 43 | [8],[9],[13] | 43 | [8],[9],[13] | 43 | [10],[11],[14] | 43 | [10],[11],[14] | ||
Amortized cost | $ 0 | [8],[9],[13] | $ 0 | [10],[11],[14] | ||||||||||
Fair value | $ 0 | [1],[8],[9],[13] | $ 0 | [5],[10],[11],[14] | ||||||||||
Percent of net assets | 0% | [8],[9],[13] | 0% | [10],[11],[14] | 0% | [8],[9],[13] | 0% | [8],[9],[13] | 0% | [10],[11],[14] | 0% | [10],[11],[14] | ||
Investment, Identifier [Axis]: Equity Investments, ECP Parent, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 268 | [8],[9] | 268 | [10],[11] | 268 | [8],[9] | 268 | [8],[9] | 268 | [10],[11] | 268 | [10],[11] | ||
Amortized cost | $ 0 | [8],[9] | $ 0 | [10],[11] | ||||||||||
Fair value | $ 290 | [1],[8],[9] | $ 290 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.03% | [8],[9] | 0.03% | [10],[11] | 0.03% | [8],[9] | 0.03% | [8],[9] | 0.03% | [10],[11] | 0.03% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, GB Vino Parent, L.P., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 4 | [8],[9] | 4 | [10],[11] | 4 | [8],[9] | 4 | [8],[9] | 4 | [10],[11] | 4 | [10],[11] | ||
Amortized cost | $ 351 | [8],[9] | $ 351 | [10],[11] | ||||||||||
Fair value | $ 261 | [1],[8],[9] | $ 351 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.03% | [8],[9] | 0.04% | [10],[11] | 0.03% | [8],[9] | 0.03% | [8],[9] | 0.04% | [10],[11] | 0.04% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Integrity Marketing Group, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 16,244 | [8],[9] | 15,039 | [10],[11] | 16,244 | [8],[9] | 16,244 | [8],[9] | 15,039 | [10],[11] | 15,039 | [10],[11] | ||
Amortized cost | $ 15,993 | [8],[9] | $ 14,739 | [10],[11] | ||||||||||
Fair value | $ 16,086 | [1],[8],[9] | $ 14,738 | [5],[10],[11] | ||||||||||
Percent of net assets | 1.72% | [8],[9] | 1.55% | [10],[11] | 1.72% | [8],[9] | 1.72% | [8],[9] | 1.55% | [10],[11] | 1.55% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 433 | [8],[9] | 433 | [10],[11] | 433 | [8],[9] | 433 | [8],[9] | 433 | [10],[11] | 433 | [10],[11] | ||
Amortized cost | $ 306 | [8],[9] | $ 306 | [10],[11] | ||||||||||
Fair value | $ 903 | [1],[8],[9] | $ 652 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.10% | [8],[9] | 0.07% | [10],[11] | 0.10% | [8],[9] | 0.10% | [8],[9] | 0.07% | [10],[11] | 0.07% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Legacy.com, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 1,500 | [8],[9] | 1,500 | [10],[11] | 1,500 | [8],[9] | 1,500 | [8],[9] | 1,500 | [10],[11] | 1,500 | [10],[11] | ||
Amortized cost | $ 1,500 | [8],[9] | $ 1,500 | [10],[11] | ||||||||||
Fair value | $ 1,125 | [1],[8],[9] | $ 1,178 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.12% | [8],[9] | 0.12% | [10],[11] | 0.12% | [8],[9] | 0.12% | [8],[9] | 0.12% | [10],[11] | 0.12% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments, Mailgun Technologies, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 104 | 104 | 104 | ||||||||||
Amortized cost | [10],[11] | $ 0 | ||||||||||||
Fair value | [5],[10],[11] | $ 1,328 | ||||||||||||
Percent of net assets | [10],[11] | 0.14% | 0.14% | 0.14% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 1 | 1 | 1 | ||||||||||
Amortized cost | [8],[9] | $ 615 | ||||||||||||
Fair value | [1],[8],[9] | $ 615 | ||||||||||||
Percent of net assets | [8],[9] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, NearU Holdings LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 25 | 25 | 25 | ||||||||||
Amortized cost | [8],[9] | $ 2,470 | ||||||||||||
Fair value | [1],[8],[9] | $ 2,470 | ||||||||||||
Percent of net assets | [8],[9] | 0.26% | 0.26% | 0.26% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 2,315 | 2,315 | 2,315 | ||||||||||
Amortized cost | [8],[9] | $ 2,315 | ||||||||||||
Fair value | [1],[8],[9] | $ 1,523 | ||||||||||||
Percent of net assets | [8],[9] | 0.16% | 0.16% | 0.16% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 2,315 | 2,315 | 2,315 | ||||||||||
Amortized cost | [10],[11] | $ 2,315 | ||||||||||||
Fair value | [5],[10],[11] | $ 2,412 | ||||||||||||
Percent of net assets | [10],[11] | 0.25% | 0.25% | 0.25% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 36 | 36 | 36 | ||||||||||
Amortized cost | [8],[9] | $ 364 | ||||||||||||
Fair value | [1],[8],[9] | $ 638 | ||||||||||||
Percent of net assets | [8],[9] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 36 | 36 | 36 | ||||||||||
Amortized cost | [10],[11] | $ 364 | ||||||||||||
Fair value | [5],[10],[11] | $ 364 | ||||||||||||
Percent of net assets | [10],[11] | 0.04% | 0.04% | 0.04% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Picard Parent, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 8 | 8 | 8 | ||||||||||
Amortized cost | [8],[9] | $ 8,189 | ||||||||||||
Fair value | [1],[8],[9] | $ 8,189 | ||||||||||||
Percent of net assets | [8],[9] | 0.88% | 0.88% | 0.88% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Profile Holdings I, LP - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 5 | 5 | 5 | ||||||||||
Amortized cost | [8],[9] | $ 523 | ||||||||||||
Fair value | [1],[8],[9] | $ 523 | ||||||||||||
Percent of net assets | [8],[9] | 0.06% | 0.06% | 0.06% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Sinch AB (Sweden) - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9],[12] | 104 | 104 | 104 | ||||||||||
Amortized cost | [8],[9],[12] | $ 1,168 | ||||||||||||
Fair value | [1],[8],[9],[12] | $ 142 | ||||||||||||
Percent of net assets | [8],[9],[12] | 0.02% | 0.02% | 0.02% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, SolAero Technologies Corp., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | [10],[11],[15] | $ 3 | ||||||||||||
Amortized cost | [10],[11],[15] | 2,815 | ||||||||||||
Fair value | [5],[10],[11],[15] | $ 0 | ||||||||||||
Percent of net assets | [10],[11],[15] | 0% | 0% | 0% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 22 | 22 | 22 | ||||||||||
Amortized cost | [8],[9] | $ 1,558 | ||||||||||||
Fair value | [1],[8],[9] | $ 1,296 | ||||||||||||
Percent of net assets | [8],[9] | 0.14% | 0.14% | 0.14% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 22 | 22 | 22 | ||||||||||
Amortized cost | [10],[11] | $ 1,558 | ||||||||||||
Fair value | [5],[10],[11] | $ 1,719 | ||||||||||||
Percent of net assets | [10],[11] | 0.18% | 0.18% | 0.18% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Talon MidCo 1 Limited - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 145,631 | 145,631 | 145,631 | ||||||||||
Amortized cost | [8],[9] | $ 1,456 | ||||||||||||
Fair value | [1],[8],[9] | $ 1,456 | ||||||||||||
Percent of net assets | [8],[9] | 0.16% | 0.16% | 0.16% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 850 | 850 | 850 | ||||||||||
Amortized cost | [8],[9] | $ 0 | ||||||||||||
Fair value | [1],[8],[9] | $ 2,595 | ||||||||||||
Percent of net assets | [8],[9] | 0.28% | 0.28% | 0.28% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 850 | 850 | 850 | ||||||||||
Amortized cost | [10],[11] | $ 482 | ||||||||||||
Fair value | [5],[10],[11] | $ 1,261 | ||||||||||||
Percent of net assets | [10],[11] | 0.13% | 0.13% | 0.13% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 14,183 | 14,183 | 14,183 | ||||||||||
Amortized cost | [8],[9] | $ 13,948 | ||||||||||||
Fair value | [1],[8],[9] | $ 13,829 | ||||||||||||
Percent of net assets | [8],[9] | 1.48% | 1.48% | 1.48% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 12,843 | 12,843 | 12,843 | ||||||||||
Amortized cost | [10],[11] | $ 12,587 | ||||||||||||
Fair value | [5],[10],[11] | $ 12,971 | ||||||||||||
Percent of net assets | [10],[11] | 1.37% | 1.37% | 1.37% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 1,925 | 1,925 | 1,925 | ||||||||||
Amortized cost | [8],[9] | $ 933 | ||||||||||||
Fair value | [1],[8],[9] | $ 2,416 | ||||||||||||
Percent of net assets | [8],[9] | 0.26% | 0.26% | 0.26% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 1,925 | 1,925 | 1,925 | ||||||||||
Amortized cost | [10],[11] | $ 933 | ||||||||||||
Fair value | [5],[10],[11] | $ 2,773 | ||||||||||||
Percent of net assets | [10],[11] | 0.29% | 0.29% | 0.29% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 641 | 641 | 641 | ||||||||||
Amortized cost | [10],[11] | $ 641 | ||||||||||||
Fair value | [5],[10],[11] | $ 940 | ||||||||||||
Percent of net assets | [10],[11] | 0.10% | 0.10% | 0.10% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9],[12] | 1 | 1 | 1 | ||||||||||
Amortized cost | [8],[9],[12] | $ 518 | ||||||||||||
Fair value | [1],[8],[9],[12] | $ 610 | ||||||||||||
Percent of net assets | [8],[9],[12] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9],[12] | 0 | 0 | 0 | ||||||||||
Amortized cost | [8],[9],[12] | $ 133 | ||||||||||||
Fair value | [1],[8],[9],[12] | $ 175 | ||||||||||||
Percent of net assets | [8],[9],[12] | 0.02% | 0.02% | 0.02% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 0 | 0 | 0 | ||||||||||
Amortized cost | [10],[11] | $ 481 | ||||||||||||
Fair value | [5],[10],[11] | $ 648 | ||||||||||||
Percent of net assets | [10],[11] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 1 | 1 | 1 | ||||||||||
Amortized cost | [10],[11] | $ 133 | ||||||||||||
Fair value | [5],[10],[11] | $ 209 | ||||||||||||
Percent of net assets | [10],[11] | 0.02% | 0.02% | 0.02% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 500 | 500 | 500 | ||||||||||
Amortized cost | [8],[9] | $ 190 | ||||||||||||
Fair value | [1],[8],[9] | $ 733 | ||||||||||||
Percent of net assets | [8],[9] | 0.08% | 0.08% | 0.08% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [10],[11] | 500 | 500 | 500 | ||||||||||
Amortized cost | [10],[11] | $ 190 | ||||||||||||
Fair value | [5],[10],[11] | $ 763 | ||||||||||||
Percent of net assets | [10],[11] | 0.08% | 0.08% | 0.08% | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Zenith American Holding, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | 1,564 | [8],[9] | 1,564 | [10],[11] | 1,564 | [8],[9] | 1,564 | [8],[9] | 1,564 | [10],[11] | 1,564 | [10],[11] | ||
Amortized cost | $ 761 | [8],[9] | $ 782 | [10],[11] | ||||||||||
Fair value | $ 1,068 | [1],[8],[9] | $ 1,456 | [5],[10],[11] | ||||||||||
Percent of net assets | 0.11% | [8],[9] | 0.15% | [10],[11] | 0.11% | [8],[9] | 0.11% | [8],[9] | 0.15% | [10],[11] | 0.15% | [10],[11] | ||
Investment, Identifier [Axis]: Equity Investments,U.S. Legal Support Investment Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment balance (shares) | shares | [8],[9] | 641 | 641 | 641 | ||||||||||
Amortized cost | [8],[9] | $ 641 | ||||||||||||
Fair value | [1],[8],[9] | $ 841 | ||||||||||||
Percent of net assets | [8],[9] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, ADPD Holdings, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 9,937 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 9,665 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 9,661 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 1.03% | 1.03% | 1.03% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Advanced Web Technologies Holding Company - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.99% | 8.99% | 8.99% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 9,338 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 9,158 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 9,214 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.98% | 0.98% | 0.98% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 2,039 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 2,015 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 2,029 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.21% | 0.21% | 0.21% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Allied Universal Holdco LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 7.37% | 7.37% | 7.37% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 494 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 496 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 433 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 8.42% | 8.42% | 8.42% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 20,054 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 19,668 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 19,292 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 2.06% | 2.06% | 2.06% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [9],[16],[17],[18],[20] | 13.39% | 13.39% | 13.39% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 29,856 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 29,855 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 29,757 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 3.18% | 3.18% | 3.18% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.07% | 8.07% | 8.07% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 2,459 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 2,443 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 2,395 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.25% | 0.25% | 0.25% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Applied Technical Services, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 530 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 520 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 526 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.06% | 0.06% | 0.06% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.93% | 9.93% | 9.93% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 36,877 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 36,234 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 35,954 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 3.83% | 3.83% | 3.83% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.46% | 8.46% | 8.46% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 6,131 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 6,064 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 6,131 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.66% | 0.66% | 0.66% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ascend Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 12,700 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 12,458 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 12,469 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.33% | 1.33% | 1.33% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Associations, Inc. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [9],[17],[18],[20] | 9.88% | 9.88% | 9.88% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 12,772 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 12,667 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 12,449 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 1.33% | 1.33% | 1.33% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[16],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[12],[16],[18],[20] | |||||||||||||
Interest rate | [9],[12],[16],[18],[20] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [9],[12],[16],[18],[20],[21] | $ 32,240 | ||||||||||||
Amortized cost | [6],[9],[12],[16],[18],[20] | 31,704 | ||||||||||||
Fair value | [1],[9],[12],[16],[18],[20] | $ 30,319 | ||||||||||||
Percent of net assets | [9],[12],[16],[18],[20] | 3.24% | 3.24% | 3.24% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, BLUECAT NETWORKS (USA) INC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 3,165 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 3,089 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 3,087 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.33% | 0.33% | 0.33% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.17% | 9.17% | 9.17% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 0 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | (153) | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ (137) | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | (0.02%) | (0.02%) | (0.02%) | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Barnes & Noble, Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20],[22] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[18],[20],[22] | |||||||||||||
Interest rate | [9],[18],[20],[22] | 11.36% | 11.36% | 11.36% | ||||||||||
Par/principal amount | [9],[18],[20],[21],[22] | $ 28,210 | ||||||||||||
Amortized cost | [6],[9],[18],[20],[22] | 27,385 | ||||||||||||
Fair value | [1],[9],[18],[20],[22] | $ 27,468 | ||||||||||||
Percent of net assets | [9],[18],[20],[22] | 2.94% | 2.94% | 2.94% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[17],[18],[20] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [9],[12],[17],[18],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[12],[17],[18],[20] | 10.42% | 10.42% | 10.42% | ||||||||||
Par/principal amount | £ | [9],[12],[17],[18],[20],[21] | £ 4,700 | ||||||||||||
Amortized cost | [6],[9],[12],[17],[18],[20] | $ 5,315 | ||||||||||||
Fair value | [1],[9],[12],[17],[18],[20] | $ 4,451 | ||||||||||||
Percent of net assets | [9],[12],[17],[18],[20] | 0.48% | 0.48% | 0.48% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[12],[17],[18],[20] | |||||||||||||
Interest rate | [9],[12],[17],[18],[20] | 7.42% | 7.42% | 7.42% | ||||||||||
Par/principal amount | £ | [9],[12],[17],[18],[20],[21] | £ 0 | ||||||||||||
Amortized cost | [6],[9],[12],[17],[18],[20] | $ 0 | ||||||||||||
Fair value | [1],[9],[12],[17],[18],[20] | $ (91) | ||||||||||||
Percent of net assets | [9],[12],[17],[18],[20] | (0.01%) | (0.01%) | (0.01%) | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 6.38% | 6.38% | 6.38% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 688 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 680 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 684 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[16],[17],[18],[20] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [9],[12],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[12],[16],[17],[18],[20] | 7.64% | 7.64% | 7.64% | ||||||||||
Par/principal amount | [9],[12],[16],[17],[18],[20],[21] | $ 463 | ||||||||||||
Amortized cost | [6],[9],[12],[16],[17],[18],[20] | 462 | ||||||||||||
Fair value | [1],[9],[12],[16],[17],[18],[20] | $ 455 | ||||||||||||
Percent of net assets | [9],[12],[16],[17],[18],[20] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | |||||||||||||
Interest rate | [9],[16],[18],[20] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 10,579 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 10,563 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 10,454 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 1.12% | 1.12% | 1.12% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 558 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 501 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 558 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.06% | 0.06% | 0.06% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.39% | 9.39% | 9.39% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 26,239 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 26,032 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 24,978 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 2.67% | 2.67% | 2.67% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[16],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[12],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[12],[16],[17],[18],[20] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [9],[12],[16],[17],[18],[20],[21] | $ 10,435 | ||||||||||||
Amortized cost | [6],[9],[12],[16],[17],[18],[20] | 10,283 | ||||||||||||
Fair value | [1],[9],[12],[16],[17],[18],[20] | $ 10,317 | ||||||||||||
Percent of net assets | [9],[12],[16],[17],[18],[20] | 1.09% | 1.09% | 1.09% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[18],[20] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [9],[12],[18],[20] | |||||||||||||
Interest rate | [9],[12],[18],[20] | 9.78% | 9.78% | 9.78% | ||||||||||
Par/principal amount | [9],[12],[18],[20],[21] | $ 1,864 | ||||||||||||
Amortized cost | [6],[9],[12],[18],[20] | 1,825 | ||||||||||||
Fair value | [1],[9],[12],[18],[20] | $ 1,855 | ||||||||||||
Percent of net assets | [9],[12],[18],[20] | 0.20% | 0.20% | 0.20% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, DCA Investment Holding LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.97% | 9.97% | 9.97% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 13,876 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 13,715 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 13,353 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.43% | 1.43% | 1.43% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Denali Midco 2, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20] | 9.45% | 9.45% | 9.45% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[20],[21] | $ 7,143 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19],[20] | 6,845 | ||||||||||||
Fair value | [1],[9],[17],[18],[19],[20] | $ 6,843 | ||||||||||||
Percent of net assets | [9],[17],[18],[19],[20] | 0.73% | 0.73% | 0.73% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, DermaRite Industries, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20],[23] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [9],[16],[18],[20],[23] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[16],[18],[20],[23] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21],[23] | $ 20,766 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20],[23] | 20,775 | ||||||||||||
Fair value | [1],[9],[16],[18],[20],[23] | $ 13,534 | ||||||||||||
Percent of net assets | [9],[16],[18],[20],[23] | 1.45% | 1.45% | 1.45% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[19],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[18],[19],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[18],[19],[20] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [9],[18],[19],[20],[21] | $ 26,871 | ||||||||||||
Amortized cost | [6],[9],[18],[19],[20] | 26,909 | ||||||||||||
Fair value | [1],[9],[18],[19],[20] | $ 26,784 | ||||||||||||
Percent of net assets | [9],[18],[19],[20] | 2.86% | 2.86% | 2.86% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20],[22],[23] | 9.50% | 9.50% | 9.50% | ||||||||||
Interest, PIK | [9],[18],[20],[22],[23] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[18],[20],[22],[23] | 12.77% | 12.77% | 12.77% | ||||||||||
Par/principal amount | [9],[18],[20],[21],[22],[23] | $ 38,724 | ||||||||||||
Amortized cost | [6],[9],[18],[20],[22],[23] | 24,923 | ||||||||||||
Fair value | [1],[9],[18],[20],[22],[23] | $ 23,870 | ||||||||||||
Percent of net assets | [9],[18],[20],[22],[23] | 2.55% | 2.55% | 2.55% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.11% | 9.11% | 9.11% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 670 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 657 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 648 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.38% | 9.38% | 9.38% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 3,860 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 3,784 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 3,789 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.40% | 0.40% | 0.40% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 914 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 898 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 888 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.30% | 9.30% | 9.30% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 1,584 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 1,516 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 1,522 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.16% | 0.16% | 0.16% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ellkay, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.52% | 9.52% | 9.52% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 14,142 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 13,872 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 13,157 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.41% | 1.41% | 1.41% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Emergency Communications Network, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest rate | [9],[16],[18],[20] | 10.33% | 10.33% | 10.33% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 26,200 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 26,162 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 22,474 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 2.39% | 2.39% | 2.39% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 5,570 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 5,567 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 5,472 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 0.58% | 0.58% | 0.58% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excel Fitness Holdings, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 8.08% | 8.08% | 8.08% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 6,296 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 6,162 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 6,044 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 0.65% | 0.65% | 0.65% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[20],[21] | $ 3,117 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19],[20] | 3,048 | ||||||||||||
Fair value | [1],[9],[17],[18],[19],[20] | $ 3,047 | ||||||||||||
Percent of net assets | [9],[17],[18],[19],[20] | 0.33% | 0.33% | 0.33% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 6.08% | 6.08% | 6.08% | ||||||||||
Par/principal amount | € | [9],[18],[20],[21] | € 1,275 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | $ 1,283 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 1,225 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.13% | 0.13% | 0.13% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, FPG Intermediate Holdco, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[20],[21] | $ 428 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19],[20] | 343 | ||||||||||||
Fair value | [1],[9],[17],[18],[19],[20] | $ 341 | ||||||||||||
Percent of net assets | [9],[17],[18],[19],[20] | 0.04% | 0.04% | 0.04% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | |||||||||||||
Interest rate | [9],[16],[18],[20] | 8.89% | 8.89% | 8.89% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 3,029 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 3,023 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 3,029 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 0.32% | 0.32% | 0.32% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Greenhouse Software, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 32,796 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 32,040 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 31,815 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 3.40% | 3.40% | 3.40% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Guidehouse LLP - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 9.37% | 9.37% | 9.37% | ||||||||||
Par/principal amount | £ | [9],[18],[20],[21] | £ 80 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | $ 78 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 78 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.01% | 0.01% | 0.01% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, HS Spa Holdings Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 7.51% | 7.51% | 7.51% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 8,627 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 8,437 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 8,348 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.89% | 0.89% | 0.89% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[18],[20] | 5.26% | 5.26% | 5.26% | ||||||||||
Interest, PIK | [9],[12],[18],[20] | 3.47% | 3.47% | 3.47% | ||||||||||
Interest rate | [9],[12],[18],[20] | 10.92% | 10.92% | 10.92% | ||||||||||
Par/principal amount | £ | [9],[12],[18],[20],[21] | £ 14,550 | ||||||||||||
Amortized cost | [6],[9],[12],[18],[20] | $ 18,934 | ||||||||||||
Fair value | [1],[9],[12],[18],[20] | $ 15,800 | ||||||||||||
Percent of net assets | [9],[12],[18],[20] | 1.69% | 1.69% | 1.69% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[17],[18],[20] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [9],[12],[17],[18],[20] | 2.75% | 2.75% | 2.75% | ||||||||||
Interest rate | [9],[12],[17],[18],[20] | 9.94% | 9.94% | 9.94% | ||||||||||
Par/principal amount | [9],[12],[17],[18],[20],[21] | $ 3,317 | ||||||||||||
Amortized cost | [6],[9],[12],[17],[18],[20] | 3,773 | ||||||||||||
Fair value | [1],[9],[12],[17],[18],[20] | $ 3,530 | ||||||||||||
Percent of net assets | [9],[12],[17],[18],[20] | 0.38% | 0.38% | 0.38% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.79% | 8.79% | 8.79% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 3,012 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 2,984 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 2,990 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.32% | 0.32% | 0.32% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 6,933 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 6,802 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 6,691 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.72% | 0.72% | 0.72% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.12% | 9.12% | 9.12% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 7,207 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 7,140 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 7,146 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.76% | 0.76% | 0.76% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hercules Borrower LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 10.62% | 10.62% | 10.62% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 18,543 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 18,121 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 18,064 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.93% | 1.93% | 1.93% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Higginbotham Insurance Agency, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 8.37% | 8.37% | 8.37% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 441 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 426 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 433 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 10,734 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 10,514 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 10,109 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.08% | 1.08% | 1.08% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, IQN Holding Corp. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.41% | 8.41% | 8.41% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 6,783 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 6,708 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 6,733 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.72% | 0.72% | 0.72% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Individual FoodService Holdings, LLC - Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 12,261 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 12,009 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 12,085 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.28% | 1.28% | 1.28% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Infront Luxembourg Finance S.À R.L. (Luxembourg) - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[18],[20] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [9],[12],[18],[20] | |||||||||||||
Interest rate | [9],[12],[18],[20] | 9.54% | 9.54% | 9.54% | ||||||||||
Par/principal amount | € | [9],[12],[18],[20],[21] | € 8,250 | ||||||||||||
Amortized cost | [6],[9],[12],[18],[20] | $ 9,795 | ||||||||||||
Fair value | [1],[9],[12],[18],[20] | $ 7,924 | ||||||||||||
Percent of net assets | [9],[12],[18],[20] | 0.85% | 0.85% | 0.85% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Jeg's Automotive, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.34% | 9.34% | 9.34% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 19,992 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 19,550 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 19,195 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 2.05% | 2.05% | 2.05% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.63% | 8.63% | 8.63% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 3,339 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 3,288 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 3,322 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.36% | 0.36% | 0.36% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.28% | 8.28% | 8.28% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 35,453 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 34,704 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 34,594 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 3.70% | 3.70% | 3.70% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, LVF Holdings, Inc. - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 41,629 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 40,861 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 38,542 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 4.12% | 4.12% | 4.12% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Lifelong Learner Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 26,025 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 25,700 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 24,563 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 2.63% | 2.63% | 2.63% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, LinQuest Corporation - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [16],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [16],[18],[20] | |||||||||||||
Interest rate | [16],[18],[20] | 9.10% | 9.10% | 9.10% | ||||||||||
Par/principal amount | [16],[18],[20],[21] | $ 9,900 | ||||||||||||
Amortized cost | [6],[16],[18],[20] | 9,729 | ||||||||||||
Fair value | [1],[16],[18],[20] | $ 9,219 | ||||||||||||
Percent of net assets | [16],[18],[20] | 0.99% | 0.99% | 0.99% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Liqui-Box Holdings, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.76% | 8.76% | 8.76% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 2,086 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 2,076 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 1,919 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.21% | 0.21% | 0.21% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, MMIT Holdings, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 11,053 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 10,851 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 11,005 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.18% | 1.18% | 1.18% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [19] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [19] | |||||||||||||
Interest rate | [19] | 9.64% | 9.64% | 9.64% | ||||||||||
Par/principal amount | [19] | $ 8,101 | ||||||||||||
Amortized cost | [19] | 7,957 | ||||||||||||
Fair value | [19] | $ 7,667 | ||||||||||||
Percent of net assets | [19] | 0.82% | 0.82% | 0.82% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 35,712 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 35,035 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 31,230 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 3.34% | 3.34% | 3.34% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Medical Manufacturing Technologies, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.40% | 9.40% | 9.40% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 22,689 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 22,135 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 22,076 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 2.36% | 2.36% | 2.36% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.22% | 9.22% | 9.22% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 5,525 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 5,384 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 5,383 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 0.58% | 0.58% | 0.58% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, NES Global Talent Finance US, LLC (United Kingdom) - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[12],[18],[20] | |||||||||||||
Interest rate | [9],[12],[18],[20] | 8.31% | 8.31% | 8.31% | ||||||||||
Par/principal amount | [9],[12],[18],[20],[21] | $ 9,612 | ||||||||||||
Amortized cost | [6],[9],[12],[18],[20] | 9,587 | ||||||||||||
Fair value | [1],[9],[12],[18],[20] | $ 9,592 | ||||||||||||
Percent of net assets | [9],[12],[18],[20] | 1.03% | 1.03% | 1.03% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.87% | 8.87% | 8.87% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 40,019 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 39,956 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 39,040 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 4.17% | 4.17% | 4.17% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, North Haven Fairway Buyer, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.65% | 8.65% | 8.65% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 21,320 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 20,863 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 20,825 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 2.23% | 2.23% | 2.23% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Oak Purchaser, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 5,851 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 5,777 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 5,810 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.62% | 0.62% | 0.62% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 2,106 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 1,857 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 1,856 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.20% | 0.20% | 0.20% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Growth Partners, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [16],[18],[20] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [16],[18],[20] | |||||||||||||
Interest rate | [16],[18],[20] | 7.71% | 7.71% | 7.71% | ||||||||||
Par/principal amount | [16],[18],[20],[21] | $ 7,977 | ||||||||||||
Amortized cost | [6],[16],[18],[20] | 7,916 | ||||||||||||
Fair value | [1],[16],[18],[20] | $ 7,900 | ||||||||||||
Percent of net assets | [16],[18],[20] | 0.84% | 0.84% | 0.84% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, PXO Holdings I Corp. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 8.21% | 8.21% | 8.21% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 17,111 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 16,756 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 16,494 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 1.76% | 1.76% | 1.76% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Performance Health Holdings, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [16],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [16],[18],[20] | |||||||||||||
Interest rate | [16],[18],[20] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [16],[18],[20],[21] | $ 6,444 | ||||||||||||
Amortized cost | [6],[16],[18],[20] | 6,337 | ||||||||||||
Fair value | [1],[16],[18],[20] | $ 6,377 | ||||||||||||
Percent of net assets | [16],[18],[20] | 0.68% | 0.68% | 0.68% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project CastFirst Lien Debt, PPT Management Holdings, LLC - Healthcare & Pharmaceuticalsle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [9],[18],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[18],[20] | 12.25% | 12.25% | 12.25% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 28,665 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 28,656 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 22,762 | ||||||||||||
Percent of net assets | [9],[18],[20] | 2.43% | 2.43% | 2.43% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project Castle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 9.05% | 9.05% | 9.05% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 7,500 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 6,739 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 6,319 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.68% | 0.68% | 0.68% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Prophix Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[17],[18],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[12],[17],[18],[20] | |||||||||||||
Interest rate | [9],[12],[17],[18],[20] | 9.31% | 9.31% | 9.31% | ||||||||||
Par/principal amount | [9],[12],[17],[18],[20],[21] | $ 10,963 | ||||||||||||
Amortized cost | [6],[9],[12],[17],[18],[20] | 10,760 | ||||||||||||
Fair value | [1],[9],[12],[17],[18],[20] | $ 11,014 | ||||||||||||
Percent of net assets | [9],[12],[17],[18],[20] | 1.18% | 1.18% | 1.18% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | |||||||||||||
Interest rate | [9],[16],[18],[20] | 8.05% | 8.05% | 8.05% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 32,362 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 32,313 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 31,785 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 3.40% | 3.40% | 3.40% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 15,067 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 14,815 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 14,481 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.55% | 1.55% | 1.55% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.89% | 9.89% | 9.89% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 9,854 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 9,664 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 9,413 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 1.01% | 1.01% | 1.01% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20] | 8.38% | 8.38% | 8.38% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[20],[21] | $ 10,905 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19],[20] | 10,772 | ||||||||||||
Fair value | [1],[9],[17],[18],[19],[20] | $ 10,376 | ||||||||||||
Percent of net assets | [9],[17],[18],[19],[20] | 1.11% | 1.11% | 1.11% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Regency Entertainment, Inc. - Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 20,000 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 19,747 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 19,746 | ||||||||||||
Percent of net assets | [9],[18],[20] | 2.11% | 2.11% | 2.11% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [16],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [16],[18],[20] | |||||||||||||
Interest rate | [16],[18],[20] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [16],[18],[20],[21] | $ 1,680 | ||||||||||||
Amortized cost | [6],[16],[18],[20] | 1,650 | ||||||||||||
Fair value | [1],[16],[18],[20] | $ 1,680 | ||||||||||||
Percent of net assets | [16],[18],[20] | 0.18% | 0.18% | 0.18% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, SPay, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [9],[16],[18],[20] | 12.34% | 12.34% | 12.34% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 24,252 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 24,117 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 21,683 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 2.32% | 2.32% | 2.32% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Sapphire Convention, Inc. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 9.77% | 9.77% | 9.77% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 28,462 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 28,160 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 26,729 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 2.86% | 2.86% | 2.86% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Smarsh Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 10.05% | 10.05% | 10.05% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 6,530 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 6,372 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 6,109 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 0.65% | 0.65% | 0.65% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Speedstar Holding, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[18],[20] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [9],[16],[18],[20] | |||||||||||||
Interest rate | [9],[16],[18],[20] | 10.07% | 10.07% | 10.07% | ||||||||||
Par/principal amount | [9],[16],[18],[20],[21] | $ 26,763 | ||||||||||||
Amortized cost | [6],[9],[16],[18],[20] | 26,353 | ||||||||||||
Fair value | [1],[9],[16],[18],[20] | $ 26,697 | ||||||||||||
Percent of net assets | [9],[16],[18],[20] | 2.85% | 2.85% | 2.85% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Spotless Brands, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.09% | 9.09% | 9.09% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 31,468 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 30,793 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 30,465 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 3.26% | 3.26% | 3.26% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[20] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 11,075 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 10,918 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 8,894 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.95% | 0.95% | 0.95% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, TIBCO Software Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 8.09% | 8.09% | 8.09% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 15,000 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 13,650 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 13,441 | ||||||||||||
Percent of net assets | [9],[18],[20] | 1.44% | 1.44% | 1.44% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 37,836 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 37,100 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 36,576 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 3.91% | 3.91% | 3.91% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, The Carlstar Group LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.15% | 9.15% | 9.15% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 14,629 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 14,252 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 14,267 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 1.52% | 1.52% | 1.52% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Trafigura Trading LLC - Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20],[24] | 8.35% | 8.35% | 8.35% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20],[24] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20],[24] | 12.11% | 12.11% | 12.11% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[20],[21],[24] | $ 6,871 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19],[20],[24] | 6,765 | ||||||||||||
Fair value | [1],[9],[17],[18],[19],[20],[24] | $ 6,796 | ||||||||||||
Percent of net assets | [9],[17],[18],[19],[20],[24] | 0.73% | 0.73% | 0.73% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tufin Software North America, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[19],[20] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [9],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[17],[18],[19],[20] | 10.06% | 10.06% | 10.06% | ||||||||||
Par/principal amount | [9],[17],[18],[19],[21] | $ 26,851 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[19] | 26,297 | ||||||||||||
Fair value | [1],[9],[17],[18],[19] | $ 26,282 | ||||||||||||
Percent of net assets | [9],[17],[18],[19] | 2.81% | 2.81% | 2.81% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 0 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | (93) | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ (117) | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | (0.01%) | (0.01%) | (0.01%) | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[19],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [9],[16],[17],[18],[19],[20] | |||||||||||||
Interest rate | [9],[16],[17],[18],[19],[20] | 9.29% | 9.29% | 9.29% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[19],[20],[21] | $ 15,557 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[19],[20] | 15,385 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[19],[20] | $ 15,244 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[19],[20] | 1.63% | 1.63% | 1.63% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [9],[18],[20] | 0.25% | 0.25% | 0.25% | ||||||||||
Interest rate | [9],[18],[20] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 9,078 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 8,965 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 8,622 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.92% | 0.92% | 0.92% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [16],[18],[20] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [16],[18],[20] | |||||||||||||
Interest rate | [16],[18],[20] | 9.67% | 9.67% | 9.67% | ||||||||||
Par/principal amount | [16],[18],[20],[21] | $ 993 | ||||||||||||
Amortized cost | [6],[16],[18],[20] | 975 | ||||||||||||
Fair value | [1],[16],[18],[20] | $ 954 | ||||||||||||
Percent of net assets | [16],[18],[20] | 0.10% | 0.10% | 0.10% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, USR Parent Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 7.60% | 7.60% | 7.60% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 10.11% | 10.11% | 10.11% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 4,333 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 4,293 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 4,148 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.44% | 0.44% | 0.44% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[20] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [9],[12],[20] | 1% | 1% | 1% | ||||||||||
Interest rate | [9],[12],[20] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [9],[12],[21] | € 4,668 | ||||||||||||
Amortized cost | [6],[9],[12] | $ 4,988 | ||||||||||||
Fair value | [1],[9],[12] | $ 4,517 | ||||||||||||
Percent of net assets | [9],[12] | 0.48% | 0.48% | 0.48% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[12],[20] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [9],[12],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [9],[12],[20] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [9],[12],[21] | € 821 | ||||||||||||
Amortized cost | [6],[9],[12] | $ 928 | ||||||||||||
Fair value | [1],[9],[12] | $ 835 | ||||||||||||
Percent of net assets | [9],[12] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [19] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [19] | |||||||||||||
Interest rate | [19] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [19] | $ 21,549 | ||||||||||||
Amortized cost | [19] | 21,429 | ||||||||||||
Fair value | [19] | $ 21,116 | ||||||||||||
Percent of net assets | [19] | 2.26% | 2.26% | 2.26% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [19] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [19] | |||||||||||||
Interest rate | [19] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [19] | $ 4,970 | ||||||||||||
Amortized cost | [19] | 4,888 | ||||||||||||
Fair value | [19] | $ 4,870 | ||||||||||||
Percent of net assets | [19] | 0.52% | 0.52% | 0.52% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Wineshipping.com LLC - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[16],[17],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [9],[16],[17],[18],[20] | 7.63% | 7.63% | 7.63% | ||||||||||
Par/principal amount | [9],[16],[17],[18],[20],[21] | $ 4,598 | ||||||||||||
Amortized cost | [6],[9],[16],[17],[18],[20] | 4,464 | ||||||||||||
Fair value | [1],[9],[16],[17],[18],[20] | $ 4,215 | ||||||||||||
Percent of net assets | [9],[16],[17],[18],[20] | 0.45% | 0.45% | 0.45% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[20],[25] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [9],[20],[25] | |||||||||||||
Interest rate | [9],[20],[25] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [9],[21],[25] | $ 18,552 | ||||||||||||
Amortized cost | [6],[9],[25] | 18,254 | ||||||||||||
Fair value | [1],[9],[25] | $ 17,723 | ||||||||||||
Percent of net assets | [9],[25] | 1.89% | 1.89% | 1.89% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, YLG Holdings, Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5% | 5% | 5% | ||||||||||
Interest rate | [9],[18],[20] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 1,966 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 1,921 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 1,961 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.21% | 0.21% | 0.21% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [9],[18],[20] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 446 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 438 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 427 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien Debt, iCIMS, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[17],[18],[20] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [9],[17],[18],[20] | |||||||||||||
Interest rate | [9],[17],[18],[20] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [9],[17],[18],[20],[21] | $ 25,540 | ||||||||||||
Amortized cost | [6],[9],[17],[18],[20] | 25,058 | ||||||||||||
Fair value | [1],[9],[17],[18],[20] | $ 24,932 | ||||||||||||
Percent of net assets | [9],[17],[18],[20] | 2.66% | 2.66% | 2.66% | ||||||||||
Investment, Identifier [Axis]: First Lien, Advanced Web Technologies Holding Company, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 7,177 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 6,970 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 7,297 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.77% | 0.77% | 0.77% | ||||||||||
Investment, Identifier [Axis]: First Lien, Airnov, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 1,862 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 1,833 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 1,862 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.20% | 0.20% | 0.20% | ||||||||||
Investment, Identifier [Axis]: First Lien, Allied Universal Holdco LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 4.46% | 4.46% | 4.46% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 497 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 500 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 498 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.04% | 0.04% | 0.04% | ||||||||||
Investment, Identifier [Axis]: First Lien, American Physician Partners, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | 1.50% | 1.50% | 1.50% | ||||||||||
Interest rate | [10],[26],[27],[28],[29] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 27,908 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 27,886 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 27,908 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.94% | 2.94% | 2.94% | ||||||||||
Investment, Identifier [Axis]: First Lien, Analogic Corporation, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 2,434 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 2,412 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 2,408 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.25% | 0.25% | 0.25% | ||||||||||
Investment, Identifier [Axis]: First Lien, Applied Technical Services, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 536 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 525 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 536 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.06% | 0.06% | 0.06% | ||||||||||
Investment, Identifier [Axis]: First Lien, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 43,247 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 42,406 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 43,295 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 4.56% | 4.56% | 4.56% | ||||||||||
Investment, Identifier [Axis]: First Lien, Apptio, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 6,131 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 6,044 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 6,130 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.65% | 0.65% | 0.65% | ||||||||||
Investment, Identifier [Axis]: First Lien, Ascend Buyer, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 12,838 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 12,569 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 12,618 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.33% | 1.33% | 1.33% | ||||||||||
Investment, Identifier [Axis]: First Lien, Associations, Inc., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [10],[26],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 11,570 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 11,457 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 11,599 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.22% | 1.22% | 1.22% | ||||||||||
Investment, Identifier [Axis]: First Lien, Aurora Lux FinCo S.Á.R.L. (Luxembourg), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [2],[10],[27],[28],[29] | |||||||||||||
Interest rate | [2],[10],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [2],[10],[27],[28],[29],[30] | $ 32,488 | ||||||||||||
Amortized cost | [2],[7],[10],[27],[28],[29] | 31,870 | ||||||||||||
Fair value | [2],[5],[10],[27],[28],[29] | $ 29,269 | ||||||||||||
Percent of net assets | [2],[10],[27],[28],[29] | 3.08% | 3.08% | 3.08% | ||||||||||
Investment, Identifier [Axis]: First Lien, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 13,545 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 13,451 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 13,545 | ||||||||||||
Percent of net assets | [27],[28],[29] | 1.43% | 1.43% | 1.43% | ||||||||||
Investment, Identifier [Axis]: First Lien, BMS Holdings III Corp., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 0 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | (180) | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ (149) | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | (0.02%) | (0.02%) | (0.02%) | ||||||||||
Investment, Identifier [Axis]: First Lien, Barnes & Noble, Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29],[31] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[28],[29],[31] | |||||||||||||
Interest rate | [10],[28],[29],[31] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[28],[29],[30],[31] | $ 28,932 | ||||||||||||
Amortized cost | [7],[10],[28],[29],[31] | 27,926 | ||||||||||||
Fair value | [5],[10],[28],[29],[31] | $ 28,146 | ||||||||||||
Percent of net assets | [10],[28],[29],[31] | 2.97% | 2.97% | 2.97% | ||||||||||
Investment, Identifier [Axis]: First Lien, BlueCat Networks, Inc. (Canada), High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[27],[28],[29] | |||||||||||||
Interest rate | [2],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [2],[27],[28],[29],[30] | $ 11,468 | ||||||||||||
Amortized cost | [2],[7],[27],[28],[29] | 11,270 | ||||||||||||
Fair value | [2],[5],[27],[28],[29] | $ 11,583 | ||||||||||||
Percent of net assets | [2],[27],[28],[29] | 1.22% | 1.22% | 1.22% | ||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[28],[29] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [2],[10],[26],[28],[29] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[10],[26],[28],[29] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | € | [2],[10],[26],[28],[29],[30] | € 4,700 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[28],[29] | $ 5,312 | ||||||||||||
Fair value | [2],[5],[10],[26],[28],[29] | $ 5,167 | ||||||||||||
Percent of net assets | [2],[10],[26],[28],[29] | 0.54% | 0.54% | 0.54% | ||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[10],[26],[28],[29] | |||||||||||||
Interest rate | [2],[10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | € | [2],[10],[26],[28],[29],[30] | € 0 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[28],[29] | $ (9) | ||||||||||||
Fair value | [2],[5],[10],[26],[28],[29] | $ (9) | ||||||||||||
Percent of net assets | [2],[10],[26],[28],[29] | 0% | 0% | 0% | ||||||||||
Investment, Identifier [Axis]: First Lien, Captive Resources Midco, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 10,223 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 10,104 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 10,152 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.07% | 1.07% | 1.07% | ||||||||||
Investment, Identifier [Axis]: First Lien, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 694 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 686 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 694 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: First Lien, Chemical Computing Group ULC (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[27],[28],[29] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [2],[10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [2],[10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [2],[10],[26],[27],[28],[29],[30] | $ 466 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[27],[28],[29] | 465 | ||||||||||||
Fair value | [2],[5],[10],[26],[27],[28],[29] | $ 464 | ||||||||||||
Percent of net assets | [2],[10],[26],[27],[28],[29] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien, Chudy Group, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 826 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 812 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 841 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [10],[27],[28],[29] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 10,544 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 10,523 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 9,415 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 0.99% | 0.99% | 0.99% | ||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[28],[29] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [10],[28],[29] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 697 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 640 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 697 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.07% | 0.07% | 0.07% | ||||||||||
Investment, Identifier [Axis]: First Lien, Cobblestone Intermediate Holdco LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 723 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 718 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 712 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.08% | 0.08% | 0.08% | ||||||||||
Investment, Identifier [Axis]: First Lien, Comar Holding Company, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 26,443 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 26,152 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 25,855 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.73% | 2.73% | 2.73% | ||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[27],[28],[29] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [2],[10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [2],[10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [2],[10],[26],[27],[28],[29],[30] | $ 10,515 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[27],[28],[29] | 10,334 | ||||||||||||
Fair value | [2],[5],[10],[26],[27],[28],[29] | $ 10,510 | ||||||||||||
Percent of net assets | [2],[10],[26],[27],[28],[29] | 1.11% | 1.11% | 1.11% | ||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[28],[29] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [2],[10],[28],[29] | |||||||||||||
Interest rate | [2],[10],[28],[29] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [2],[10],[28],[29],[30] | $ 1,879 | ||||||||||||
Amortized cost | [2],[7],[10],[28],[29] | 1,833 | ||||||||||||
Fair value | [2],[5],[10],[28],[29] | $ 1,900 | ||||||||||||
Percent of net assets | [2],[10],[28],[29] | 0.20% | 0.20% | 0.20% | ||||||||||
Investment, Identifier [Axis]: First Lien, DCA Investment Holding, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 10,841 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 10,680 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 10,777 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.14% | 1.14% | 1.14% | ||||||||||
Investment, Identifier [Axis]: First Lien, DTI Holdco, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 1,934 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 1,883 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 1,907 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.20% | 0.20% | 0.20% | ||||||||||
Investment, Identifier [Axis]: First Lien, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29],[32] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[28],[29],[32] | |||||||||||||
Interest rate | [10],[28],[29],[32] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30],[32] | $ 55,808 | ||||||||||||
Amortized cost | [7],[10],[28],[29],[32] | 50,996 | ||||||||||||
Fair value | [5],[10],[28],[29],[32] | $ 37,471 | ||||||||||||
Percent of net assets | [10],[28],[29],[32] | 3.95% | 3.95% | 3.95% | ||||||||||
Investment, Identifier [Axis]: First Lien, DermaRite Industries, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 19,558 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 19,546 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 15,961 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.68% | 1.68% | 1.68% | ||||||||||
Investment, Identifier [Axis]: First Lien, Designer Brands Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[28],[29] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [2],[10],[28],[29] | |||||||||||||
Interest rate | [2],[10],[28],[29] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [2],[10],[28],[29],[30] | $ 17,046 | ||||||||||||
Amortized cost | [2],[7],[10],[28],[29] | 16,718 | ||||||||||||
Fair value | [2],[5],[10],[28],[29] | $ 16,846 | ||||||||||||
Percent of net assets | [2],[10],[28],[29] | 1.78% | 1.78% | 1.78% | ||||||||||
Investment, Identifier [Axis]: First Lien, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 603 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 588 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 615 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.06% | 0.06% | 0.06% | ||||||||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [9],[13],[16],[18],[20] | 1% | [10],[14],[27],[28],[29],[32] | 8.50% | [9],[13],[16],[18],[20] | 8.50% | [9],[13],[16],[18],[20] | 1% | [10],[14],[27],[28],[29],[32] | 1% | [10],[14],[27],[28],[29],[32] | ||
Interest, PIK | [9],[13],[16],[18],[20] | 7.50% | [10],[14],[27],[28],[29],[32] | [9],[13],[16],[18],[20] | [9],[13],[16],[18],[20] | 7.50% | [10],[14],[27],[28],[29],[32] | 7.50% | [10],[14],[27],[28],[29],[32] | |||||
Interest rate | 12.17% | [9],[13],[16],[18],[20] | 9.50% | [10],[14],[27],[28],[29],[32] | 12.17% | [9],[13],[16],[18],[20] | 12.17% | [9],[13],[16],[18],[20] | 9.50% | [10],[14],[27],[28],[29],[32] | 9.50% | [10],[14],[27],[28],[29],[32] | ||
Par/principal amount | $ 43,520 | [9],[13],[16],[18],[20],[21] | $ 36,711 | [10],[14],[27],[28],[29],[30],[32] | ||||||||||
Amortized cost | 41,874 | [6],[9],[13],[16],[18],[20] | 35,859 | [7],[10],[14],[27],[28],[29],[32] | ||||||||||
Fair value | $ 39,132 | [1],[9],[13],[16],[18],[20] | $ 27,555 | [5],[10],[14],[27],[28],[29],[32] | ||||||||||
Percent of net assets | 4.18% | [9],[13],[16],[18],[20] | 2.90% | [10],[14],[27],[28],[29],[32] | 4.18% | [9],[13],[16],[18],[20] | 4.18% | [9],[13],[16],[18],[20] | 2.90% | [10],[14],[27],[28],[29],[32] | 2.90% | [10],[14],[27],[28],[29],[32] | ||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | [9],[13],[17],[18],[20] | 6% | [10],[14],[26],[28],[29] | 6% | [9],[13],[17],[18],[20] | 6% | [9],[13],[17],[18],[20] | 6% | [10],[14],[26],[28],[29] | 6% | [10],[14],[26],[28],[29] | ||
Interest, PIK | [9],[13],[17],[18],[20] | [10],[14],[26],[28],[29] | [9],[13],[17],[18],[20] | [9],[13],[17],[18],[20] | [10],[14],[26],[28],[29] | [10],[14],[26],[28],[29] | ||||||||
Interest rate | 8.34% | [9],[13],[17],[18],[20] | 7% | [10],[14],[26],[28],[29] | 8.34% | [9],[13],[17],[18],[20] | 8.34% | [9],[13],[17],[18],[20] | 7% | [10],[14],[26],[28],[29] | 7% | [10],[14],[26],[28],[29] | ||
Par/principal amount | $ 2,731 | [9],[13],[17],[18],[20],[21] | $ 2,731 | [10],[14],[26],[28],[29],[30] | ||||||||||
Amortized cost | 2,603 | [6],[9],[13],[17],[18],[20] | 2,603 | [7],[10],[14],[26],[28],[29] | ||||||||||
Fair value | $ 2,731 | [1],[9],[13],[17],[18],[20] | $ 2,731 | [5],[10],[14],[26],[28],[29] | ||||||||||
Percent of net assets | 0.29% | [9],[13],[17],[18],[20] | 0.29% | [10],[14],[26],[28],[29] | 0.29% | [9],[13],[17],[18],[20] | 0.29% | [9],[13],[17],[18],[20] | 0.29% | [10],[14],[26],[28],[29] | 0.29% | [10],[14],[26],[28],[29] | ||
Investment, Identifier [Axis]: First Lien, Dwyer Instruments, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 2,463 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 2,383 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 2,452 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.26% | 0.26% | 0.26% | ||||||||||
Investment, Identifier [Axis]: First Lien, EPS Nass Parent, Inc., Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 887 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 869 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 878 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien, Ellkay, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 14,249 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 13,943 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 13,923 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.47% | 1.47% | 1.47% | ||||||||||
Investment, Identifier [Axis]: First Lien, Emergency Communications Network, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 2.625% | 2.625% | 2.625% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | 5.125% | 5.125% | 5.125% | ||||||||||
Interest rate | [10],[27],[28],[29] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 25,261 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 25,201 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 21,814 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 2.30% | 2.30% | 2.30% | ||||||||||
Investment, Identifier [Axis]: First Lien, Ethos Veterinary Health LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 4.85% | 4.85% | 4.85% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 2,586 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 2,569 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 2,586 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.27% | 0.27% | 0.27% | ||||||||||
Investment, Identifier [Axis]: First Lien, EvolveIP, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 5,468 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 5,461 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 5,436 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.57% | 0.57% | 0.57% | ||||||||||
Investment, Identifier [Axis]: First Lien, Frontline Technologies Holdings, LLC, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 3,068 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 3,056 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 3,068 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 0.32% | 0.32% | 0.32% | ||||||||||
Investment, Identifier [Axis]: First Lien, Greenhouse Software, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 15,196 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 14,858 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 14,870 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.57% | 1.57% | 1.57% | ||||||||||
Investment, Identifier [Axis]: First Lien, Harbour Benefit Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 9,451 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 9,377 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 9,336 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.98% | 0.98% | 0.98% | ||||||||||
Investment, Identifier [Axis]: First Lien, Heartland Home Services, Inc, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 7,314 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 7,169 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 7,371 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.78% | 0.78% | 0.78% | ||||||||||
Investment, Identifier [Axis]: First Lien, Hercules Borrower LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 18,453 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 17,987 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 18,865 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.99% | 1.99% | 1.99% | ||||||||||
Investment, Identifier [Axis]: First Lien, Higginbotham Insurance Agency, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 4,978 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 4,916 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 4,978 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.52% | 0.52% | 0.52% | ||||||||||
Investment, Identifier [Axis]: First Lien, Hoosier Intermediate, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 16,479 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 16,108 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 16,101 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.70% | 1.70% | 1.70% | ||||||||||
Investment, Identifier [Axis]: First Lien, IQN First Lien Debt, Integrity Marketing Acquisition, LLC - Diversified Financial ServicesCorp.^, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 430 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 425 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 409 | ||||||||||||
Percent of net assets | [9],[18],[20] | 0.04% | 0.04% | 0.04% | ||||||||||
Investment, Identifier [Axis]: First Lien, Individual FoodService Holdings, LLC, Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 8,129 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 7,958 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 8,143 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.86% | 0.86% | 0.86% | ||||||||||
Investment, Identifier [Axis]: First Lien, Infront Luxembourg Finance S.À R.L. (Luxembourg), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[28],[29] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [2],[10],[28],[29] | |||||||||||||
Interest rate | [2],[10],[28],[29] | 9% | 9% | 9% | ||||||||||
Par/principal amount | € | [2],[10],[28],[29],[30] | € 8,250 | ||||||||||||
Amortized cost | [2],[7],[10],[28],[29] | $ 9,777 | ||||||||||||
Fair value | [2],[5],[10],[28],[29] | $ 9,134 | ||||||||||||
Percent of net assets | [2],[10],[28],[29] | 0.96% | 0.96% | 0.96% | ||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 4,920 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 4,864 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 4,896 | ||||||||||||
Percent of net assets | [27],[28],[29] | 0.52% | 0.52% | 0.52% | ||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 0 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | (75) | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ (51) | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | (0.01%) | (0.01%) | (0.01%) | ||||||||||
Investment, Identifier [Axis]: First Lien, Jeg's Automotive, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 30,000 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 29,203 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 29,200 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 3.08% | 3.08% | 3.08% | ||||||||||
Investment, Identifier [Axis]: First Lien, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 3,364 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 3,305 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 3,357 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.35% | 0.35% | 0.35% | ||||||||||
Investment, Identifier [Axis]: First Lien, Kaseya, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | 1% | 1% | 1% | ||||||||||
Interest rate | [10],[26],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 18,972 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 18,716 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 18,848 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.99% | 1.99% | 1.99% | ||||||||||
Investment, Identifier [Axis]: First Lien, LVF Holdings, Inc., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 41,227 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 40,356 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 40,056 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 4.22% | 4.22% | 4.22% | ||||||||||
Investment, Identifier [Axis]: First Lien, Lifelong Learner Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 26,210 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 25,830 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 24,035 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 2.53% | 2.53% | 2.53% | ||||||||||
Investment, Identifier [Axis]: First Lien, LinQuest Corporation, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 9,975 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 9,785 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 9,816 | ||||||||||||
Percent of net assets | [27],[28],[29] | 1.03% | 1.03% | 1.03% | ||||||||||
Investment, Identifier [Axis]: First Lien, Liqui-Box Holdings, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 1,490 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 1,475 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 1,229 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.13% | 0.13% | 0.13% | ||||||||||
Investment, Identifier [Axis]: First Lien, MMIT Holdings, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 11,087 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 10,858 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 10,853 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.14% | 1.14% | 1.14% | ||||||||||
Investment, Identifier [Axis]: First Lien, Material Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 6,906 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 6,741 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 6,800 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.72% | 0.72% | 0.72% | ||||||||||
Investment, Identifier [Axis]: First Lien, Maverick Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 35,962 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 35,192 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 35,061 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 3.70% | 3.70% | 3.70% | ||||||||||
Investment, Identifier [Axis]: First Lien, Medical Manufacturing Technologies, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 21,280 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 20,654 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 20,652 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 2.18% | 2.18% | 2.18% | ||||||||||
Investment, Identifier [Axis]: First Lien, NES Global Talent Finance US, LLC (United Kingdom), Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [2],[10],[28],[29] | |||||||||||||
Interest rate | [2],[10],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [2],[10],[28],[29],[30] | $ 9,688 | ||||||||||||
Amortized cost | [2],[7],[10],[28],[29] | 9,634 | ||||||||||||
Fair value | [2],[5],[10],[28],[29] | $ 9,424 | ||||||||||||
Percent of net assets | [2],[10],[28],[29] | 0.99% | 0.99% | 0.99% | ||||||||||
Investment, Identifier [Axis]: First Lien, NMI AcquisitionCo, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 40,335 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 40,206 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 39,822 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 4.20% | 4.20% | 4.20% | ||||||||||
Investment, Identifier [Axis]: First Lien, National Technical Systems, Inc, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 1,167 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 1,151 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 1,167 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.12% | 0.12% | 0.12% | ||||||||||
Investment, Identifier [Axis]: First Lien, PF Atlantic Holdco 2, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 27,723 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 26,941 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 26,923 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.84% | 2.84% | 2.84% | ||||||||||
Investment, Identifier [Axis]: First Lien, PF Growth Partners, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 8,039 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 7,962 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 7,922 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 0.83% | 0.83% | 0.83% | ||||||||||
Investment, Identifier [Axis]: First Lien, PPT Management Holdings, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[28],[29] | 2% | 2% | 2% | ||||||||||
Interest rate | [10],[28],[29] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 28,366 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 28,326 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 24,166 | ||||||||||||
Percent of net assets | [10],[28],[29] | 2.55% | 2.55% | 2.55% | ||||||||||
Investment, Identifier [Axis]: First Lien, Performance Health Holdings, Inc, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 7,182 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 7,048 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 7,083 | ||||||||||||
Percent of net assets | [27],[28],[29] | 0.75% | 0.75% | 0.75% | ||||||||||
Investment, Identifier [Axis]: First Lien, Product Quest Manufacturing, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29],[32] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [10],[28],[29],[32] | |||||||||||||
Interest rate | [10],[28],[29],[32] | 10% | 10% | 10% | ||||||||||
Par/principal amount | [10],[28],[29],[30],[32] | $ 840 | ||||||||||||
Amortized cost | [7],[10],[28],[29],[32] | 840 | ||||||||||||
Fair value | [5],[10],[28],[29],[32] | $ 840 | ||||||||||||
Percent of net assets | [10],[28],[29],[32] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien, Prophix Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [2],[10],[26],[28],[29] | |||||||||||||
Interest rate | [2],[10],[26],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [2],[10],[26],[28],[29],[30] | $ 10,963 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[28],[29] | 10,735 | ||||||||||||
Fair value | [2],[5],[10],[26],[28],[29] | $ 11,093 | ||||||||||||
Percent of net assets | [2],[10],[26],[28],[29] | 1.17% | 1.17% | 1.17% | ||||||||||
Investment, Identifier [Axis]: First Lien, QW Holding Corporation, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 42,671 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 42,530 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 41,933 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 4.42% | 4.42% | 4.42% | ||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 14,625 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 14,333 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 14,418 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.52% | 1.52% | 1.52% | ||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 8,882 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 8,662 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 8,727 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.92% | 0.92% | 0.92% | ||||||||||
Investment, Identifier [Axis]: First Lien, RSC Acquisition, Inc., Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 8,533 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 8,395 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 8,577 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 0.90% | 0.90% | 0.90% | ||||||||||
Investment, Identifier [Axis]: First Lien, Redwood Services Group, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 30,885 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 30,562 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 30,884 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 3.26% | 3.26% | 3.26% | ||||||||||
Investment, Identifier [Axis]: First Lien, Regency Entertainment, Inc., Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 7.75% | 7.75% | 7.75% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 20,000 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 19,700 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 19,666 | ||||||||||||
Percent of net assets | [10],[28],[29] | 2.07% | 2.07% | 2.07% | ||||||||||
Investment, Identifier [Axis]: First Lien, Riveron Acquisition Holdings, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 11,401 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 11,262 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 11,401 | ||||||||||||
Percent of net assets | [27],[28],[29] | 1.20% | 1.20% | 1.20% | ||||||||||
Investment, Identifier [Axis]: First Lien, SPay, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 2.30% | 2.30% | 2.30% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | 6.95% | 6.95% | 6.95% | ||||||||||
Interest rate | [10],[26],[27],[28],[29] | 10.25% | 10.25% | 10.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 23,005 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 22,809 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 20,218 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.13% | 2.13% | 2.13% | ||||||||||
Investment, Identifier [Axis]: First Lien, Sapphire Convention, Inc., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 29,906 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 29,530 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 25,528 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.69% | 2.69% | 2.69% | ||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A1 Term Loan), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[15],[28],[29],[32] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [10],[15],[28],[29],[32] | 100% | 100% | 100% | ||||||||||
Interest rate | [10],[15],[28],[29],[32] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [10],[15],[28],[29],[32] | $ 3,166 | ||||||||||||
Amortized cost | [7],[10],[15],[28],[29],[32] | 3,166 | ||||||||||||
Fair value | [5],[10],[15],[28],[29],[32] | $ 2,850 | ||||||||||||
Percent of net assets | [10],[15],[28],[29],[32] | 0.30% | 0.30% | 0.30% | ||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A2 Term Loan), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[15],[28],[29],[32] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [10],[15],[28],[29],[32] | 100% | 100% | 100% | ||||||||||
Interest rate | [10],[15],[28],[29],[32] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [10],[15],[28],[29],[32] | $ 8,707 | ||||||||||||
Amortized cost | [7],[10],[15],[28],[29],[32] | 8,707 | ||||||||||||
Fair value | [5],[10],[15],[28],[29],[32] | $ 7,835 | ||||||||||||
Percent of net assets | [10],[15],[28],[29],[32] | 0.83% | 0.83% | 0.83% | ||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (Priority Facilities), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[15],[26],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[15],[26],[28],[29] | |||||||||||||
Interest rate | [10],[15],[26],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[15],[26],[28],[29] | $ 2,251 | ||||||||||||
Amortized cost | [7],[10],[15],[26],[28],[29] | 2,240 | ||||||||||||
Fair value | [5],[10],[15],[26],[28],[29] | $ 2,251 | ||||||||||||
Percent of net assets | [10],[15],[26],[28],[29] | 0.24% | 0.24% | 0.24% | ||||||||||
Investment, Identifier [Axis]: First Lien, Speedstar Holding, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 27,225 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 26,686 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 27,535 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.90% | 2.90% | 2.90% | ||||||||||
Investment, Identifier [Axis]: First Lien, Superior Health Linens, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 16,211 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 16,205 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 16,211 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.71% | 1.71% | 1.71% | ||||||||||
Investment, Identifier [Axis]: First Lien, TCFI Aevex LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 11,168 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 10,979 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 9,276 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.98% | 0.98% | 0.98% | ||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan B, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[10],[28],[29] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[10],[28],[29] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[10],[28],[29],[30] | £ 21,299 | ||||||||||||
Amortized cost | [2],[7],[10],[28],[29] | $ 26,328 | ||||||||||||
Fair value | [2],[5],[10],[28],[29] | $ 28,830 | ||||||||||||
Percent of net assets | [2],[10],[28],[29] | 3.04% | 3.04% | 3.04% | ||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan C, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[26],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[10],[26],[28],[29] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[10],[26],[28],[29] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[10],[26],[28],[29],[30] | £ 6,164 | ||||||||||||
Amortized cost | [2],[7],[10],[26],[28],[29] | $ 7,855 | ||||||||||||
Fair value | [2],[5],[10],[26],[28],[29] | $ 9,847 | ||||||||||||
Percent of net assets | [2],[10],[26],[28],[29] | 1.04% | 1.04% | 1.04% | ||||||||||
Investment, Identifier [Axis]: First Lien, Trafigura Trading LLC, Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29],[33] | 8.40% | 8.40% | 8.40% | ||||||||||
Interest, PIK | [10],[26],[28],[29],[33] | |||||||||||||
Interest rate | [10],[26],[28],[29],[33] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30],[33] | $ 2,236 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29],[33] | 2,237 | ||||||||||||
Fair value | [5],[10],[26],[28],[29],[33] | $ 2,086 | ||||||||||||
Percent of net assets | [10],[26],[28],[29],[33] | 0.22% | 0.22% | 0.22% | ||||||||||
Investment, Identifier [Axis]: First Lien, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 20,377 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 20,002 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 19,945 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 2.10% | 2.10% | 2.10% | ||||||||||
Investment, Identifier [Axis]: First Lien, US INFRA SVCS Buyer, LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 9,137 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 8,677 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 8,387 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 0.88% | 0.88% | 0.88% | ||||||||||
Investment, Identifier [Axis]: First Lien, USALCO, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [27],[28],[29] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [27],[28],[29] | |||||||||||||
Interest rate | [27],[28],[29] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [27],[28],[29],[30] | $ 1,000 | ||||||||||||
Amortized cost | [7],[27],[28],[29] | 981 | ||||||||||||
Fair value | [5],[27],[28],[29] | $ 981 | ||||||||||||
Percent of net assets | [27],[28],[29] | 0.10% | 0.10% | 0.10% | ||||||||||
Investment, Identifier [Axis]: First Lien, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[28],[29] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [10],[26],[28],[29] | |||||||||||||
Interest rate | [10],[26],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [10],[26],[28],[29],[30] | $ 15,279 | ||||||||||||
Amortized cost | [7],[10],[26],[28],[29] | 15,101 | ||||||||||||
Fair value | [5],[10],[26],[28],[29] | $ 15,098 | ||||||||||||
Percent of net assets | [10],[26],[28],[29] | 1.59% | 1.59% | 1.59% | ||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[20] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [2],[10],[20] | 1% | 1% | 1% | ||||||||||
Interest rate | [2],[10],[20] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [2],[10],[30] | € 4,621 | ||||||||||||
Amortized cost | [2],[7],[10] | $ 4,917 | ||||||||||||
Fair value | [2],[5],[10] | $ 5,353 | ||||||||||||
Percent of net assets | [2],[10] | 0.56% | 0.56% | 0.56% | ||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[10],[20] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [2],[10],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[10],[20] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [2],[10],[30] | € 756 | ||||||||||||
Amortized cost | [2],[7],[10] | $ 858 | ||||||||||||
Fair value | [2],[5],[10] | $ 887 | ||||||||||||
Percent of net assets | [2],[10] | 0.09% | 0.09% | 0.09% | ||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 21,477 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 21,313 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 21,277 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 2.24% | 2.24% | 2.24% | ||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 4,958 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 4,865 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 4,929 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.52% | 0.52% | 0.52% | ||||||||||
Investment, Identifier [Axis]: First Lien, Wineshipping.com LLC, Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[26],[27],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[26],[27],[28],[29] | |||||||||||||
Interest rate | [10],[26],[27],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[26],[27],[28],[29],[30] | $ 14,459 | ||||||||||||
Amortized cost | [7],[10],[26],[27],[28],[29] | 14,111 | ||||||||||||
Fair value | [5],[10],[26],[27],[28],[29] | $ 14,111 | ||||||||||||
Percent of net assets | [10],[26],[27],[28],[29] | 1.49% | 1.49% | 1.49% | ||||||||||
Investment, Identifier [Axis]: First Lien, YLG Holdings, Inc., Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 1,980 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 1,930 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 1,980 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.21% | 0.21% | 0.21% | ||||||||||
Investment, Identifier [Axis]: First Lien, Yellowstone Buyer Acquisition, LLC, Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 449 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 440 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 440 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.05% | 0.05% | 0.05% | ||||||||||
Investment, Identifier [Axis]: First Lien, iCIMS, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 1,671 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 1,652 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 1,670 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.18% | 0.18% | 0.18% | ||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [9],[12],[20],[34] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [9],[12],[21],[34] | $ 78,122 | ||||||||||||
Amortized cost | [9],[12],[34] | 78,096 | ||||||||||||
Fair value | [1],[9],[12],[34] | $ 74,997 | ||||||||||||
Percent of net assets | [9],[12],[34] | 8.02% | 8.02% | 8.02% | ||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [2],[10],[15],[29] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [2],[10],[15] | $ 78,122 | ||||||||||||
Amortized cost | [2],[10],[15] | 78,096 | ||||||||||||
Fair value | [2],[10],[15] | $ 77,958 | ||||||||||||
Percent of net assets | [2],[10],[15] | 8.22% | 8.22% | 8.22% | ||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, LLC, Subordinated Loan and Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | 0% | [9],[12],[20],[34] | 0% | [2],[10],[15],[29] | 0% | [9],[12],[20],[34] | 0% | [9],[12],[20],[34] | 0% | [2],[10],[15],[29] | 0% | [2],[10],[15],[29] | ||
Par/principal amount | $ 193,000 | [9],[12],[21],[34] | $ 193,000 | [2],[10],[15] | ||||||||||
Amortized cost | 193,001 | [9],[12],[34] | 193,000 | [2],[10],[15] | ||||||||||
Fair value | $ 189,603 | [1],[9],[12],[34] | $ 184,141 | [2],[10],[15] | ||||||||||
Percent of net assets | 20.27% | [9],[12],[34] | 19.41% | [2],[10],[15] | 20.27% | [9],[12],[34] | 20.27% | [9],[12],[34] | 19.41% | [2],[10],[15] | 19.41% | [2],[10],[15] | ||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, Mezzanine Loan, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9% | [12],[18],[20],[25],[34] | 9% | [2],[10],[15],[29],[35] | 9% | [12],[18],[20],[25],[34] | 9% | [12],[18],[20],[25],[34] | 9% | [2],[10],[15],[29],[35] | 9% | [2],[10],[15],[29],[35] | ||
Interest, PIK | [2],[10],[15],[29],[35] | 1% | 1% | 1% | ||||||||||
Interest rate | 12.14% | [12],[18],[20],[25],[34] | 9.21% | [2],[10],[15],[29],[35] | 12.14% | [12],[18],[20],[25],[34] | 12.14% | [12],[18],[20],[25],[34] | 9.21% | [2],[10],[15],[29],[35] | 9.21% | [2],[10],[15],[29],[35] | ||
Par/principal amount | $ 0 | [12],[18],[20],[21],[25],[34] | $ 0 | [2],[10],[15],[29],[35] | ||||||||||
Amortized cost | 0 | [12],[18],[20],[25],[34] | 0 | [2],[10],[15],[29],[35] | ||||||||||
Fair value | $ 0 | [1],[12],[18],[20],[25],[34] | $ 0 | [2],[10],[15],[29],[35] | ||||||||||
Percent of net assets | 0% | [12],[18],[20],[25],[34] | 0% | [2],[10],[15],[29],[35] | 0% | [12],[18],[20],[25],[34] | 0% | [12],[18],[20],[25],[34] | 0% | [2],[10],[15],[29],[35] | 0% | [2],[10],[15],[29],[35] | ||
Investment, Identifier [Axis]: Middle Market Credit Fund II LLC, Member's Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | $ 74,997 | $ 77,958 | 77,395 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 189,603 | 184,141 | 205,891 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, 11852604 Canada Inc. (Canada), Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9.50% | [9],[12],[18],[20] | 9.50% | [2],[10],[28],[29] | 9.50% | [9],[12],[18],[20] | 9.50% | [9],[12],[18],[20] | 9.50% | [2],[10],[28],[29] | 9.50% | [2],[10],[28],[29] | ||
Interest, PIK | 100% | [9],[12],[18],[20] | 100% | [2],[10],[28],[29] | 100% | [9],[12],[18],[20] | 100% | [9],[12],[18],[20] | 100% | [2],[10],[28],[29] | 100% | [2],[10],[28],[29] | ||
Interest rate | 13.17% | [9],[12],[18],[20] | 10.50% | [2],[10],[28],[29] | 13.17% | [9],[12],[18],[20] | 13.17% | [9],[12],[18],[20] | 10.50% | [2],[10],[28],[29] | 10.50% | [2],[10],[28],[29] | ||
Par/principal amount | $ 7,343 | [9],[12],[18],[20],[21] | $ 6,590 | [2],[10],[28],[29],[30] | ||||||||||
Amortized cost | 7,201 | [6],[9],[12],[18],[20] | 6,432 | [2],[7],[10],[28],[29] | ||||||||||
Fair value | $ 7,141 | [1],[9],[12],[18],[20] | $ 6,425 | [2],[5],[10],[28],[29] | ||||||||||
Percent of net assets | 0.76% | [9],[12],[18],[20] | 0.68% | [2],[10],[28],[29] | 0.76% | [9],[12],[18],[20] | 0.76% | [9],[12],[18],[20] | 0.68% | [2],[10],[28],[29] | 0.68% | [2],[10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, AI Convoy S.A.R.L (United Kingdom), Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | [9],[12],[18],[20] | 8.25% | [2],[10],[28],[29] | 8.25% | [9],[12],[18],[20] | 8.25% | [9],[12],[18],[20] | 8.25% | [2],[10],[28],[29] | 8.25% | [2],[10],[28],[29] | ||
Interest, PIK | [9],[12],[18],[20] | [2],[10],[28],[29] | [9],[12],[18],[20] | [9],[12],[18],[20] | [2],[10],[28],[29] | [2],[10],[28],[29] | ||||||||
Interest rate | 9.80% | [9],[12],[18],[20] | 9.25% | [2],[10],[28],[29] | 9.80% | [9],[12],[18],[20] | 9.80% | [9],[12],[18],[20] | 9.25% | [2],[10],[28],[29] | 9.25% | [2],[10],[28],[29] | ||
Par/principal amount | $ 24,814 | [9],[12],[18],[20],[21] | $ 24,814 | [2],[10],[28],[29],[30] | ||||||||||
Amortized cost | 24,402 | [6],[9],[12],[18],[20] | 24,359 | [2],[7],[10],[28],[29] | ||||||||||
Fair value | $ 25,806 | [1],[9],[12],[18],[20] | $ 25,744 | [2],[5],[10],[28],[29] | ||||||||||
Percent of net assets | 2.76% | [9],[12],[18],[20] | 2.71% | [2],[10],[28],[29] | 2.76% | [9],[12],[18],[20] | 2.76% | [9],[12],[18],[20] | 2.71% | [2],[10],[28],[29] | 2.71% | [2],[10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, AP Plastics Acquisition Holdings, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[18],[20] | 7.50% | [10],[28],[29] | 7.50% | [9],[18],[20] | 7.50% | [9],[18],[20] | 7.50% | [10],[28],[29] | 7.50% | [10],[28],[29] | ||
Interest, PIK | [9],[18],[20] | [10],[28],[29] | [9],[18],[20] | [9],[18],[20] | [10],[28],[29] | [10],[28],[29] | ||||||||
Interest rate | 10.49% | [9],[18],[20] | 8.25% | [10],[28],[29] | 10.49% | [9],[18],[20] | 10.49% | [9],[18],[20] | 8.25% | [10],[28],[29] | 8.25% | [10],[28],[29] | ||
Par/principal amount | $ 33,680 | [9],[18],[20],[21] | $ 33,680 | [10],[28],[29],[30] | ||||||||||
Amortized cost | 32,851 | [6],[9],[18],[20] | 32,786 | [7],[10],[28],[29] | ||||||||||
Fair value | $ 32,974 | [1],[9],[18],[20] | $ 33,868 | [5],[10],[28],[29] | ||||||||||
Percent of net assets | 3.51% | [9],[18],[20] | 3.57% | [10],[28],[29] | 3.51% | [9],[18],[20] | 3.51% | [9],[18],[20] | 3.57% | [10],[28],[29] | 3.57% | [10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, AQA Acquisition Holdings, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [9],[16],[18],[20] | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [10],[27],[28],[29] | ||
Interest, PIK | [9],[16],[18],[20] | [10],[27],[28],[29] | [9],[16],[18],[20] | [9],[16],[18],[20] | [10],[27],[28],[29] | [10],[27],[28],[29] | ||||||||
Interest rate | 10.57% | [9],[16],[18],[20] | 8% | [10],[27],[28],[29] | 10.57% | [9],[16],[18],[20] | 10.57% | [9],[16],[18],[20] | 8% | [10],[27],[28],[29] | 8% | [10],[27],[28],[29] | ||
Par/principal amount | $ 35,000 | [9],[16],[18],[20],[21] | $ 35,000 | [10],[27],[28],[29],[30] | ||||||||||
Amortized cost | 34,250 | [6],[9],[16],[18],[20] | 34,190 | [7],[10],[27],[28],[29] | ||||||||||
Fair value | $ 33,902 | [1],[9],[16],[18],[20] | $ 35,027 | [5],[10],[27],[28],[29] | ||||||||||
Percent of net assets | 3.62% | [9],[16],[18],[20] | 3.69% | [10],[27],[28],[29] | 3.62% | [9],[16],[18],[20] | 3.62% | [9],[16],[18],[20] | 3.69% | [10],[27],[28],[29] | 3.69% | [10],[27],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Aimbridge Acquisition Co., Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[18],[20] | 7.50% | [10],[28],[29] | 7.50% | [9],[18],[20] | 7.50% | [9],[18],[20] | 7.50% | [10],[28],[29] | 7.50% | [10],[28],[29] | ||
Interest, PIK | [9],[18],[20] | [10],[28],[29] | [9],[18],[20] | [9],[18],[20] | [10],[28],[29] | [10],[28],[29] | ||||||||
Interest rate | 10.06% | [9],[18],[20] | 7.60% | [10],[28],[29] | 10.06% | [9],[18],[20] | 10.06% | [9],[18],[20] | 7.60% | [10],[28],[29] | 7.60% | [10],[28],[29] | ||
Par/principal amount | $ 9,241 | [9],[18],[20],[21] | $ 9,241 | [10],[28],[29],[30] | ||||||||||
Amortized cost | 9,138 | [6],[9],[18],[20] | 9,123 | [7],[10],[28],[29] | ||||||||||
Fair value | $ 8,105 | [1],[9],[18],[20] | $ 8,606 | [5],[10],[28],[29] | ||||||||||
Percent of net assets | 0.87% | [9],[18],[20] | 0.92% | [10],[28],[29] | 0.87% | [9],[18],[20] | 0.87% | [9],[18],[20] | 0.92% | [10],[28],[29] | 0.92% | [10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Blackbird Purchaser, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[17],[18],[20] | 7.50% | [10],[26],[28],[29] | 7.50% | [9],[17],[18],[20] | 7.50% | [9],[17],[18],[20] | 7.50% | [10],[26],[28],[29] | 7.50% | [10],[26],[28],[29] | ||
Interest, PIK | [9],[17],[18],[20] | [10],[26],[28],[29] | [9],[17],[18],[20] | [9],[17],[18],[20] | [10],[26],[28],[29] | [10],[26],[28],[29] | ||||||||
Interest rate | 10.62% | [9],[17],[18],[20] | 8.25% | [10],[26],[28],[29] | 10.62% | [9],[17],[18],[20] | 10.62% | [9],[17],[18],[20] | 8.25% | [10],[26],[28],[29] | 8.25% | [10],[26],[28],[29] | ||
Par/principal amount | $ 13,791 | [9],[17],[18],[20],[21] | $ 13,790 | [10],[26],[28],[29],[30] | ||||||||||
Amortized cost | 13,470 | [6],[9],[17],[18],[20] | 13,423 | [7],[10],[26],[28],[29] | ||||||||||
Fair value | $ 13,108 | [1],[9],[17],[18],[20] | $ 13,423 | [5],[10],[26],[28],[29] | ||||||||||
Percent of net assets | 1.40% | [9],[17],[18],[20] | 1.41% | [10],[26],[28],[29] | 1.40% | [9],[17],[18],[20] | 1.40% | [9],[17],[18],[20] | 1.41% | [10],[26],[28],[29] | 1.41% | [10],[26],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Brave Parent Holdings, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [9],[16],[18],[20] | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [10],[27],[28],[29] | ||
Interest, PIK | [9],[16],[18],[20] | [10],[27],[28],[29] | [9],[16],[18],[20] | [9],[16],[18],[20] | [10],[27],[28],[29] | [10],[27],[28],[29] | ||||||||
Interest rate | 10.62% | [9],[16],[18],[20] | 7.60% | [10],[27],[28],[29] | 10.62% | [9],[16],[18],[20] | 10.62% | [9],[16],[18],[20] | 7.60% | [10],[27],[28],[29] | 7.60% | [10],[27],[28],[29] | ||
Par/principal amount | $ 18,197 | [9],[16],[18],[20],[21] | $ 18,197 | [10],[27],[28],[29],[30] | ||||||||||
Amortized cost | 17,958 | [6],[9],[16],[18],[20] | 17,916 | [7],[10],[27],[28],[29] | ||||||||||
Fair value | $ 17,704 | [1],[9],[16],[18],[20] | $ 18,197 | [5],[10],[27],[28],[29] | ||||||||||
Percent of net assets | 1.89% | [9],[16],[18],[20] | 1.92% | [10],[27],[28],[29] | 1.89% | [9],[16],[18],[20] | 1.89% | [9],[16],[18],[20] | 1.92% | [10],[27],[28],[29] | 1.92% | [10],[27],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc, Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 11.37% | 11.37% | 11.37% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 18,600 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 18,266 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 18,693 | ||||||||||||
Percent of net assets | [9],[18],[20] | 1.99% | 1.99% | 1.99% | ||||||||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 18,600 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 18,212 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 18,786 | ||||||||||||
Percent of net assets | [10],[28],[29] | 1.98% | 1.98% | 1.98% | ||||||||||
Investment, Identifier [Axis]: Second Lien, Jazz Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [9],[18],[20] | 8% | [10],[27],[28],[29] | 8% | [9],[18],[20] | 8% | [9],[18],[20] | 8% | [10],[27],[28],[29] | 8% | [10],[27],[28],[29] | ||
Interest, PIK | [9],[18],[20] | [10],[27],[28],[29] | [9],[18],[20] | [9],[18],[20] | [10],[27],[28],[29] | [10],[27],[28],[29] | ||||||||
Interest rate | 11.12% | [9],[18],[20] | 8.10% | [10],[27],[28],[29] | 11.12% | [9],[18],[20] | 11.12% | [9],[18],[20] | 8.10% | [10],[27],[28],[29] | 8.10% | [10],[27],[28],[29] | ||
Par/principal amount | $ 23,450 | [9],[18],[20],[21] | $ 23,450 | [10],[27],[28],[29],[30] | ||||||||||
Amortized cost | 23,217 | [6],[9],[18],[20] | 23,188 | [7],[10],[27],[28],[29] | ||||||||||
Fair value | $ 21,544 | [1],[9],[18],[20] | $ 20,828 | [5],[10],[27],[28],[29] | ||||||||||
Percent of net assets | 2.30% | [9],[18],[20] | 2.20% | [10],[27],[28],[29] | 2.30% | [9],[18],[20] | 2.30% | [9],[18],[20] | 2.20% | [10],[27],[28],[29] | 2.20% | [10],[27],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Outcomes Group Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [9],[16],[18],[20] | 7.50% | [9],[16],[18],[20] | 7.50% | [10],[27],[28],[29] | 7.50% | [10],[27],[28],[29] | ||
Interest, PIK | [9],[16],[18],[20] | [10],[27],[28],[29] | [9],[16],[18],[20] | [9],[16],[18],[20] | [10],[27],[28],[29] | [10],[27],[28],[29] | ||||||||
Interest rate | 11.17% | [9],[16],[18],[20] | 7.85% | [10],[27],[28],[29] | 11.17% | [9],[16],[18],[20] | 11.17% | [9],[16],[18],[20] | 7.85% | [10],[27],[28],[29] | 7.85% | [10],[27],[28],[29] | ||
Par/principal amount | $ 1,731 | [9],[16],[18],[20],[21] | $ 1,731 | [10],[27],[28],[29],[30] | ||||||||||
Amortized cost | 1,728 | [6],[9],[16],[18],[20] | 1,728 | [7],[10],[27],[28],[29] | ||||||||||
Fair value | $ 1,731 | [1],[9],[16],[18],[20] | $ 1,731 | [5],[10],[27],[28],[29] | ||||||||||
Percent of net assets | 0.19% | [9],[16],[18],[20] | 0.18% | [10],[27],[28],[29] | 0.19% | [9],[16],[18],[20] | 0.19% | [9],[16],[18],[20] | 0.18% | [10],[27],[28],[29] | 0.18% | [10],[27],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, PAI Holdco, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | [9],[18],[20] | 5.50% | [10],[28],[29] | 5.50% | [9],[18],[20] | 5.50% | [9],[18],[20] | 5.50% | [10],[28],[29] | 5.50% | [10],[28],[29] | ||
Interest, PIK | 2% | [9],[18],[20] | 2% | [10],[28],[29] | 2% | [9],[18],[20] | 2% | [9],[18],[20] | 2% | [10],[28],[29] | 2% | [10],[28],[29] | ||
Interest rate | 10.31% | [9],[18],[20] | 8.50% | [10],[28],[29] | 10.31% | [9],[18],[20] | 10.31% | [9],[18],[20] | 8.50% | [10],[28],[29] | 8.50% | [10],[28],[29] | ||
Par/principal amount | $ 14,016 | [9],[18],[20],[21] | $ 13,806 | [10],[28],[29],[30] | ||||||||||
Amortized cost | 13,688 | [6],[9],[18],[20] | 13,446 | [7],[10],[28],[29] | ||||||||||
Fair value | $ 13,889 | [1],[9],[18],[20] | $ 13,806 | [5],[10],[28],[29] | ||||||||||
Percent of net assets | 1.48% | [9],[18],[20] | 1.46% | [10],[28],[29] | 1.48% | [9],[18],[20] | 1.48% | [9],[18],[20] | 1.46% | [10],[28],[29] | 1.46% | [10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Peraton Corp., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.75% | [9],[16],[18],[20] | 7.75% | [10],[27],[28],[29] | 7.75% | [9],[16],[18],[20] | 7.75% | [9],[16],[18],[20] | 7.75% | [10],[27],[28],[29] | 7.75% | [10],[27],[28],[29] | ||
Interest, PIK | [9],[16],[18],[20] | [10],[27],[28],[29] | [9],[16],[18],[20] | [9],[16],[18],[20] | [10],[27],[28],[29] | [10],[27],[28],[29] | ||||||||
Interest rate | 10.57% | [9],[16],[18],[20] | 8.50% | [10],[27],[28],[29] | 10.57% | [9],[16],[18],[20] | 10.57% | [9],[16],[18],[20] | 8.50% | [10],[27],[28],[29] | 8.50% | [10],[27],[28],[29] | ||
Par/principal amount | $ 11,941 | [9],[16],[18],[20],[21] | $ 12,300 | [10],[27],[28],[29],[30] | ||||||||||
Amortized cost | 11,785 | [6],[9],[16],[18],[20] | 12,126 | [7],[10],[27],[28],[29] | ||||||||||
Fair value | $ 11,394 | [1],[9],[16],[18],[20] | $ 12,345 | [5],[10],[27],[28],[29] | ||||||||||
Percent of net assets | 1.22% | [9],[16],[18],[20] | 1.30% | [10],[27],[28],[29] | 1.22% | [9],[16],[18],[20] | 1.22% | [9],[16],[18],[20] | 1.30% | [10],[27],[28],[29] | 1.30% | [10],[27],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Quartz Holding Company, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [9],[16],[18],[20] | 8% | [10],[28],[29] | 8% | [9],[16],[18],[20] | 8% | [9],[16],[18],[20] | 8% | [10],[28],[29] | 8% | [10],[28],[29] | ||
Interest, PIK | [9],[16],[18],[20] | [10],[28],[29] | [9],[16],[18],[20] | [9],[16],[18],[20] | [10],[28],[29] | [10],[28],[29] | ||||||||
Interest rate | 11.12% | [9],[16],[18],[20] | 8.10% | [10],[28],[29] | 11.12% | [9],[16],[18],[20] | 11.12% | [9],[16],[18],[20] | 8.10% | [10],[28],[29] | 8.10% | [10],[28],[29] | ||
Par/principal amount | $ 7,048 | [9],[16],[18],[20],[21] | $ 7,048 | [10],[28],[29],[30] | ||||||||||
Amortized cost | 6,949 | [6],[9],[16],[18],[20] | 6,945 | [7],[10],[28],[29] | ||||||||||
Fair value | $ 7,003 | [1],[9],[16],[18],[20] | $ 7,048 | [5],[10],[28],[29] | ||||||||||
Percent of net assets | 0.75% | [9],[16],[18],[20] | 0.74% | [10],[28],[29] | 0.75% | [9],[16],[18],[20] | 0.75% | [9],[16],[18],[20] | 0.74% | [10],[28],[29] | 0.74% | [10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Stonegate Pub Company Bidco Limited (United Kingdom), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [9],[12],[18],[20] | 8.50% | [2],[10],[28],[29] | 8.50% | [9],[12],[18],[20] | 8.50% | [9],[12],[18],[20] | 8.50% | [2],[10],[28],[29] | 8.50% | [2],[10],[28],[29] | ||
Interest, PIK | [9],[12],[18],[20] | [2],[10],[28],[29] | [9],[12],[18],[20] | [9],[12],[18],[20] | [2],[10],[28],[29] | [2],[10],[28],[29] | ||||||||
Interest rate | 9.44% | [9],[12],[18],[20] | 8.60% | [2],[10],[28],[29] | 9.44% | [9],[12],[18],[20] | 9.44% | [9],[12],[18],[20] | 8.60% | [2],[10],[28],[29] | 8.60% | [2],[10],[28],[29] | ||
Par/principal amount | £ | £ 20,000 | [9],[12],[18],[20],[21] | £ 20,000 | [2],[10],[28],[29],[30] | ||||||||||
Amortized cost | $ 24,830 | [6],[9],[12],[18],[20] | $ 24,787 | [2],[7],[10],[28],[29] | ||||||||||
Fair value | $ 20,377 | [1],[9],[12],[18],[20] | $ 22,263 | [2],[5],[10],[28],[29] | ||||||||||
Percent of net assets | 2.18% | [9],[12],[18],[20] | 2.35% | [2],[10],[28],[29] | 2.18% | [9],[12],[18],[20] | 2.18% | [9],[12],[18],[20] | 2.35% | [2],[10],[28],[29] | 2.35% | [2],[10],[28],[29] | ||
Investment, Identifier [Axis]: Second Lien, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[27],[28],[29] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [10],[27],[28],[29] | |||||||||||||
Interest rate | [10],[27],[28],[29] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [10],[27],[28],[29],[30] | $ 35,965 | ||||||||||||
Amortized cost | [7],[10],[27],[28],[29] | 35,600 | ||||||||||||
Fair value | [5],[10],[27],[28],[29] | $ 36,325 | ||||||||||||
Percent of net assets | [10],[27],[28],[29] | 3.83% | 3.83% | 3.83% | ||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Service | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 13,000 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 12,769 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 13,260 | ||||||||||||
Percent of net assets | [10],[28],[29] | 1.40% | 1.40% | 1.40% | ||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [9],[18],[20] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [9],[18],[20] | |||||||||||||
Interest rate | [9],[18],[20] | 11.62% | 11.62% | 11.62% | ||||||||||
Par/principal amount | [9],[18],[20],[21] | $ 13,000 | ||||||||||||
Amortized cost | [6],[9],[18],[20] | 12,785 | ||||||||||||
Fair value | [1],[9],[18],[20] | $ 12,117 | ||||||||||||
Percent of net assets | [9],[18],[20] | 1.30% | 1.30% | 1.30% | ||||||||||
Investment, Identifier [Axis]: Second Lien, WP CPP Holdings, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 7.75% | 7.75% | 7.75% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 29,500 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 29,293 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 28,689 | ||||||||||||
Percent of net assets | [10],[28],[29] | 3.02% | 3.02% | 3.02% | ||||||||||
Investment, Identifier [Axis]: Second Lien, Watchfire Enterprises, Inc., Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[28],[29] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [10],[28],[29] | |||||||||||||
Interest rate | [10],[28],[29] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [10],[28],[29],[30] | $ 7,000 | ||||||||||||
Amortized cost | [7],[10],[28],[29] | 7,000 | ||||||||||||
Fair value | [5],[10],[28],[29] | $ 7,000 | ||||||||||||
Percent of net assets | [10],[28],[29] | 0.74% | 0.74% | 0.74% | ||||||||||
Investment, Identifier [Axis]: Second Lien, World 50, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [10],[20],[35] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [10],[20],[35] | |||||||||||||
Interest rate | [10],[20],[35] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [10],[30],[35] | $ 18,552 | ||||||||||||
Amortized cost | [7],[10],[35] | 18,215 | ||||||||||||
Fair value | [5],[10],[35] | $ 18,405 | ||||||||||||
Percent of net assets | [10],[35] | 1.94% | 1.94% | 1.94% | ||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A1 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | $ 0 | $ 2,850 | 1,214 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A2 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 0 | 7,835 | 3,338 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (Priority Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | 0 | 2,251 | 2,460 | |||||||||||
Investment, Identifier [Axis]: Solaero Technology Corp. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Fair value | $ 0 | $ 0 | $ 0 | |||||||||||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[3]Unless otherwise indicated, issuers of debt and equity investments held by the Company are domiciled in the United States. Under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “Investment Company Act”), the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. As of September 30, 2022, the Company does not “control” any of these portfolio companies. Under the Investment Company Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of September 30, 2022, the Company is not an “affiliated person” of any of these portfolio companies. Certain portfolio company investments are subject to contractual restrictions on sales.[4]Unless otherwise indicated, issuers of debt and equity investments held by the Company are domiciled in the United States. Under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “Investment Company Act”), the Company would be deemed to “control” a portfolio company if the Company owned more than 25% of its outstanding voting securities and/or held the power to exercise control over the management or policies of the portfolio company. As of December 31, 2021, the Company does not “control” any of these portfolio companies. Under the Investment Company Act, the Company would be deemed an “affiliated person” of a portfolio company if the Company owns 5% or more of the portfolio company’s outstanding voting securities. As of December 31, 2021, the Company is not an “affiliated person” of any of these portfolio companies. Certain portfolio company investments are subject to contractual restrictions on sales.[5]Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment fund was determined using significant unobservable inputs.[6]Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method.[7]Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method.[8]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of September 30, 2022, the aggregate fair value of these securities is $92,552, or 9.89% of the Company’s net assets.[9]^ Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[10]Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[11]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act, unless otherwise noted. As of December 31, 2021, the aggregate fair value of these securities is $77,093, or 8.13% of the Company’s net assets.[12]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[13]Under the Investment Company Act, the Company is deemed an “affiliated person” of this portfolio company because the Company owns 5% or more of the portfolio company's outstanding voting securities. Transactions related to the portfolio company during the nine month period ended September 30, 2022 were as follows: Investments—non-controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Direct Travel, Inc. $ 27,555 $ 7,193 $ (1,177) $ — $ 5,561 $ 39,132 $ 8,059 Direct Travel, Inc. 2,731 — — — — 2,731 100 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 30,286 $ 7,193 $ (1,177) $ — $ 5,561 $ 41,863 $ 8,159 Investments—non-controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Direct Travel, Inc. $ 24,949 $ — $ (484) $ 3 $ 3,087 $ 27,555 $ — Direct Travel, Inc. 1,231 1,372 — — 128 2,731 173 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 26,180 $ 1,372 $ (484) $ 3 $ 3,215 $ 30,286 $ 173 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Middle Market Credit Fund, LLC, Mezzanine Loan $ — $ — $ — $ — $ — $ — $ — Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest 205,891 — (23,000) — 1,250 184,141 20,000 Middle Market Credit Fund II, LLC, Member’s Interest 77,395 — — — 563 77,958 10,063 Total investments—controlled/affiliated $ 283,286 $ — $ (23,000) $ — $ 1,813 $ 262,099 $ 30,063 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) 2,460 — (189) — (20) 2,251 185 SolAero Technologies Corp. (A1 Term Loan) 1,214 — — — 1,636 2,850 — SolAero Technologies Corp. (A2 Term Loan) 3,338 — — — 4,497 7,835 — Solaero Technology Corp. (Equity) — — — — — — — Total investments—controlled/affiliated $ 7,012 $ — $ (189) $ — $ 6,113 $ 12,936 $ 185 Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments ADPD Holdings, LLC Delayed Draw —% $ 1,083 $ (22) ADPD Holdings, LLC Revolver 0.50 621 (12) ADPD Holdings, LLC Delayed Draw — 299 (6) ADPD Holdings, LLC Delayed Draw — 1,951 (39) Advanced Web Technologies Holding Company Revolver 0.50 854 (9) Advanced Web Technologies Holding Company Delayed Draw 1.00 1,602 (17) Airnov, Inc. Revolver 0.50 688 (3) Alpine Acquisition Corp II Revolver 0.50 1,034 (37) American Physician Partners, LLC Revolver 0.50 550 (2) Analogic Corporation Revolver 0.50 29 (1) Applied Technical Services, LLC Revolver 0.50 42 — Appriss Health, LLC Revolver 0.50 2,963 (69) Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,113 (19) Associations, Inc. Revolver 0.50 723 (17) Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (171) BlueCat Networks (USA) Inc. Delayed Draw 0.50 240 (5) BlueCat Networks (USA) Inc. Delayed Draw 0.50 446 (9) BMS Holdings III Corp. Delayed Draw 2.65 9,688 (137) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 855 (4) Bubbles Bidco S.P.A. (Italy) Revolver — 526 (3) Chartis Holding, LLC Revolver 0.50 217 (1) Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Comar Holding Company, LLC Revolver 0.50 2,935 (127) Cority Software Inc. (Canada) Revolver 0.50 3,000 (26) DCA Investment Holding LLC Delayed Draw 1.00 618 (22) Denali Midco 2, LLC Delayed Draw 1.00 2,857 (86) Diligent Corporation Revolver 0.50 23 (1) Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc. Revolver 0.50 994 (14) Dwyer Instruments, Inc. Delayed Draw 1.00 161 (2) Eliassen Group, LLC Delayed Draw 1.00 3,310 (42) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Ellkay, LLC Revolver 0.50% $ 1,786 $ (110) EPS Nass Parent, Inc. Revolver 0.50 40 (1) EPS Nass Parent, Inc. Delayed Draw 1.00 37 (1) EvolveIP, LLC Revolver 0.50 655 (10) Excel Fitness Holdings, Inc. Revolver 0.50 828 (29) Excelitas Technologies Corp. Revolver 0.50 217 (4) Excelitas Technologies Corp. Delayed Draw — 152 (3) FPG Intermediate Holdco, LLC Delayed Draw 1.00 3,973 (79) Greenhouse Software, Inc. Revolver 0.50 1,471 (41) Greenhouse Software, Inc. Revolver 0.50 733 (21) Hadrian Acquisition Limited (United Kingdom) Delayed Draw 2.33 2,589 (57) Harbour Benefit Holdings, Inc. Revolver 0.50 3,180 (11) Heartland Home Services, Inc Delayed Draw 0.75 8,098 (130) Heartland Home Services, Inc Revolver 0.50 619 (5) Hercules Borrower LLC Revolver 0.50 1,929 (45) Hoosier Intermediate, LLC Revolver 0.50 1,600 (81) HS Spa Holdings Inc. Revolver 0.50 1,235 (35) iCIMS, Inc. Revolver 0.50 2,432 (43) iCIMS, Inc. Delayed Draw — 6,784 (119) Individual FoodService Holdings, LLC Revolver 0.50 739 (8) Individual FoodService Holdings, LLC Delayed Draw 1.00 3,290 (36) IQN Holding Corp. Delayed Draw 1.00 753 (5) IQN Holding Corp. Revolver 0.50 489 (3) Jeg's Automotive, LLC Revolver 0.50 677 (22) Jeg's Automotive, LLC Delayed Draw 1.00 4,167 (134) K2 Insurance Services, LLC Revolver 0.50 1,120 (4) Kaseya, Inc. Revolver 0.50 2,054 (46) Kaseya, Inc. Delayed Draw 0.50 1,146 (25) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 544 (35) LVF Holdings, Inc. Revolver 0.50 759 (50) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (306) Material Holdings, LLC Delayed Draw — 977 (44) Material Holdings, LLC Revolver 1.00 499 (23) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (503) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (139) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,446 $ (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 7,107 (140) MMIT Holdings, LLC Revolver 0.50 808 (3) NEFCO Holding Company LLC Delayed Draw 1.00 380 (8) NEFCO Holding Company LLC Delayed Draw 1.00 553 (11) NEFCO Holding Company LLC Revolver 0.50 763 (15) NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (30) North Haven Fairway Buyer, LLC Delayed Draw 0.50 432 (9) North Haven Fairway Buyer, LLC Revolver 0.50 2,404 (49) Oak Purchaser, Inc. Delayed Draw 0.50 1,623 (8) Oak Purchaser, Inc. Revolver 0.50 584 (3) PF Atlantic Holdco 2, LLC Delayed Draw 0.75 9,517 (165) PF Atlantic Holdco 2, LLC Revolver 0.50 2,759 (48) PPT Management Holdings, LLC Revolver 0.50 587 — Prophix Software Inc. (Canada) Revolver 0.50 1,993 8 PXO Holdings I Corp. Delayed Draw 1.00 885 (28) PXO Holdings I Corp. Revolver 0.50 1,315 (42) Quantic Electronics, LLC Revolver 0.50 829 (31) Quantic Electronics, LLC Delayed Draw 1.00 2,126 (78) RSC Acquisition, Inc. Revolver 0.50 462 (20) RSC Acquisition, Inc. Delayed Draw 0.50 1,083 (46) Sapphire Convention, Inc. Revolver 0.50 3,849 (206) Smarsh Inc. Revolver 0.50 408 (20) Smarsh Inc. Delayed Draw 1.00 1,633 (80) Spotless Brands, LLC Revolver 0.50 303 (9) Spotless Brands, LLC Delayed Draw 1.00 2,214 (64) Spotless Brands, LLC Delayed Draw 1.00 944 (27) Tank Holding Corp. Revolver 0.38 1,655 (53) TCFI Aevex LLC Delayed Draw 1.00 214 (36) TCFI Aevex LLC Delayed Draw 1.00 1,835 (305) The Carlstar Group LLC Revolver 0.50 3,657 (72) Trafigura Trading LLC Revolver 0.50 3,127 (23) Tufin Software North America, Inc. Revolver 0.50 1,339 (27) Tufin Software North America, Inc. Delayed Draw — 304 (6) Turbo Buyer, Inc. Delayed Draw 1.00 4,681 (93) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value U.S. Legal Support, Inc. Delayed Draw 0.50% $ 2,032 $ (34) U.S. Legal Support, Inc. Revolver 0.50 1,061 (18) Wineshipping.com LLC Delayed Draw 1.00 1,609 (79) Wineshipping.com LLC Revolver 0.50 1,589 (78) Total unfunded commitments $ 185,945 $ (5,119) As of September 30, 2022, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,380,925 $ 1,328,594 68.2 % Second Lien Debt 270,772 263,211 13.5 Equity Investments 89,393 92,552 4.7 Investment Funds 271,097 264,600 13.6 Total $ 2,012,187 $ 1,948,957 100.0 % The rate type of debt investments at fair value as of September 30, 2022 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,627,527 $ 1,568,730 98.6 % Fixed Rate 24,170 23,075 1.4 Total $ 1,651,697 $ 1,591,805 100.0 % The industry composition of investments at fair value as of September 30, 2022 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 139,565 $ 131,981 6.8 % Automotive 75,568 77,159 4.0 Beverage & Food 77,073 69,532 3.6 Business Services 94,844 94,021 4.8 Capital Equipment 79,259 80,817 4.1 Chemicals, Plastics & Rubber 77,422 76,931 4.0 Construction & Building 18,513 18,310 0.9 Consumer Goods: Durable 438 427 — Consumer Goods: Non-Durable 5,315 4,360 0.2 Consumer Services 108,064 106,868 5.5 Containers, Packaging & Glass 54,054 52,132 2.8 Diversified Financial Services 55,567 52,539 2.7 Energy: Oil & Gas 43,359 43,410 2.2 Environmental Industries 59,399 58,471 3.0 Healthcare & Pharmaceuticals 246,987 230,007 11.8 High Tech Industries 147,357 144,525 7.4 Investment Funds 271,097 264,600 13.6 Leisure Products & Services 114,526 106,387 5.5 Media: Advertising, Printing & Publishing 318 181 — Media: Diversified & Production 19,747 19,746 1.0 Metals & Mining 6,765 6,796 0.3 Industry Amortized Cost Fair Value % of Fair Value Retail $ 31,678 $ 31,616 1.6 % Software 180,501 179,027 9.2 Sovereign & Public Finance 182 626 — Telecommunications 72,014 66,223 3.4 Transportation: Cargo 19,668 19,292 1.0 Utilities: Electric 898 888 — Wholesale 12,009 12,085 0.6 $ 2,012,187 $ 1,948,957 100.0 % The geographical composition of investments at fair value as of September 30, 2022 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 35,895 $ 36,502 1.9 % Cyprus 6,567 6,137 0.2 Italy 5,315 4,360 0.2 Luxembourg 41,499 38,243 2.0 Sweden 1,168 142 — United Kingdom 81,526 75,105 3.9 United States 1,840,217 1,788,468 91.8 Total $ 2,012,187 $ 1,948,957 100.0 % Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments Advanced Web Technologies Holding Company Delayed Draw 1.00% $ 2,723 $ 27 Advanced Web Technologies Holding Company Delayed Draw 1.00 1,051 11 Advanced Web Technologies Holding Company Revolver 0.50 906 9 Airnov, Inc. Revolver 0.50 875 — American Physician Partners, LLC Revolver 0.50 550 — Analogic Corporation Revolver 0.50 72 (1) Applied Technical Services, LLC Revolver 0.50 40 — Appriss Health, LLC Revolver 0.50 2,963 3 Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,070 (17) Associations, Inc. Revolver 0.50 723 2 Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (92) BMS Holdings III Corp. Delayed Draw 1.00 9,688 (149) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 € 873 (30) Bubbles Bidco S.P.A. (Italy) Delayed Draw — € 537 (9) Captive Resources Midco, LLC Revolver 0.50 2,143 (12) Chartis Holding, LLC Revolver 0.50 217 — Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Chudy Group, LLC Delayed Draw 1.00 138 2 Chudy Group, LLC Revolver 0.50 34 1 Comar Holding Company, LLC Revolver 0.50 2,935 (59) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Cority Software Inc. (Canada) Revolver 0.50% $ 3,000 $ (1) DCA Investment Holding, LLC Delayed Draw 1.00 1,495 (8) DermaRite Industries, LLC Revolver 0.50 579 (103) Diligent Corporation Delayed Draw 1.00 110 2 Diligent Corporation Revolver 0.50 47 1 Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc Delayed Draw 1.00 1,003 (3) Dwyer Instruments, Inc Revolver 0.50 411 (1) Ellkay, LLC Revolver 0.50 1,786 (36) EPS Nass Parent, Inc. Delayed Draw 1.00 85 (1) EPS Nass Parent, Inc. Revolver 0.50 25 — EvolveIP, LLC Revolver 0.50 798 (4) Greenhouse Software, Inc. Revolver 0.50 1,471 (29) Harbour Benefit Holdings, Inc. Revolver 0.50 2,120 (21) Heartland Home Services, Inc Delayed Draw 1.00 6,902 27 Heartland Home Services, Inc Revolver 0.50 598 2 Hercules Borrower LLC Revolver 0.50 2,160 43 Hoosier Intermediate, LLC Revolver 0.50 2,400 (48) Individual FoodService Holdings, LLC Delayed Draw 1.00 48 — Individual Foodservice Holdings, LLC Delayed Draw 1.00 890 3 Individual FoodService Holdings, LLC Delayed Draw 1.00 188 — Individual FoodService Holdings, LLC Revolver 0.50 706 — Integrity Marketing Acquisition, LLC Delayed Draw — 5,000 (51) Jeg's Automotive, LLC Delayed Draw 1.00 6,667 (133) Jeg's Automotive, LLC Revolver 0.50 3,333 (67) K2 Insurance Services, LLC Revolver 0.50 1,120 (2) Kaseya, Inc. Delayed Draw 1.00 585 (3) Kaseya, Inc. Revolver 0.50 1,543 (9) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 1,140 (113) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (116) LVF Holdings, Inc. Revolver 0.50 1,459 (36) Material Holdings, LLC Delayed Draw — 1,916 (21) Material Holdings, LLC Revolver 1.00 806 (9) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (101) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 8,264 (165) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,859 $ (37) MMIT Holdings, LLC Revolver 0.50 857 (17) National Technical Systems, Inc. Revolver 0.50 835 — NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (16) PF Atlantic HoldCo 2, LLC Delayed Draw 0.75 9,517 (190) PF Atlantic HoldCo 2, LLC Revolver 0.50 2,759 (55) Prophix Software Inc. (Canada) Revolver 0.50 1,993 20 Quantic Electronics, LLC Revolver 0.50 557 (7) Quantic Electronics, LLC Delayed Draw 1.00 3,164 (41) Quantic Electronics, LLC Revolver 0.50 824 (11) RSC Acquisition, Inc. Delayed Draw 0.50 2,435 9 RSC Acquisition, Inc. Revolver 0.50 215 1 Sapphire Convention, Inc. Revolver 0.50 2,561 (345) SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 984 — SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 1,084 — Speedstar Holding, LLC Delayed Draw 1.00 3,775 38 Superior Health Linens, LLC Revolver 0.50 417 — TCFI Aevex LLC Delayed Draw 1.00 1,835 (263) TCFI Aevex LLC Delayed Draw 1.00 214 (31) The Leaders Romans Bidco Limited (United Kingdom) Delayed Draw 1.60 £ 1,902 399 Trafigura Trading LLC Revolver 0.50 7,762 (133) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) US INFRA SVCS Buyer, LLC Delayed Draw 1.00 22,234 (527) US INFRA SVCS Buyer, LLC Revolver 0.50 263 (6) USLS Acquisition, Inc. Revolver 0.50 1,135 (12) Wineshipping.com LLC Delayed Draw 1.00 1,986 (39) Wineshipping.com LLC Revolver 0.50 1,430 (28) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Total unfunded commitments $ 180,498 $ (2,660) As of December 31, 2021, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,271,794 $ 1,232,084 64.4 % Second Lien Debt 341,538 341,776 17.9 Equity Investments 73,125 77,093 4.0 Investment Funds 271,096 262,099 13.7 Total $ 1,957,553 $ 1,913,052 100.0 % The rate type of debt investments at fair value as of December 31, 2021 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,589,342 $ 1,549,215 98.4 % Fixed Rate 23,990 24,645 1.6 Total $ 1,613,332 $ 1,573,860 100.0 % The industry composition of investments at fair value as of December 31, 2021 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 169,068 $ 166,071 8.7 % Automotive 91,155 94,144 4.9 Beverage & Food 91,999 97,377 5.1 Business Services 85,994 83,878 4.4 Capital Equipment 102,065 102,308 5.4 Chemicals, Plastics & Rubber 64,717 66,515 3.5 Construction & Building 59,945 61,055 3.2 Consumer Goods: Durable 11,277 11,450 0.6 Consumer Goods: Non-Durable 440 440 — Consumer Services 5,303 5,158 0.3 Containers, Packaging & Glass 25,155 25,909 1.4 Diversified Financial Services 52,154 52,113 2.7 Energy: Oil & Gas 41,991 42,900 2.2 Environmental Industries 69,194 69,185 3.6 Healthcare & Pharmaceuticals 250,294 229,555 12.0 High Tech Industries 149,185 151,430 7.9 Investment Funds 126,237 113,201 5.9 Leisure Products & Services 271,096 262,099 13.7 Media: Advertising, Printing & Publishing 7,318 7,205 0.4 Media: Diversified & Production 19,700 19,666 1.0 Metals & Mining 2,237 2,086 0.1 Retail 44,644 44,992 2.4 Software 105,958 104,673 5.5 Sovereign & Public Finance 13,623 14,036 0.7 Telecommunications 87,977 76,585 4.0 Utilities: Electric 869 878 — Wholesale 7,958 8,143 0.4 Total $ 1,957,553 $ 1,913,052 100.0 % The geographical composition of investments at fair value as of December 31, 2021 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 46,433 $ 47,543 2.5 % Cyprus 6,389 7,097 0.4 Italy 5,303 5,158 0.3 Luxembourg 41,647 38,403 2.0 United Kingdom 92,963 96,108 5.0 United States 1,764,818 1,718,743 89.8 Total $ 1,957,553 $ 1,913,052 100.0 % The accompanying notes are an integral part of these consolidated financial statements. Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest $ 184,141 $ — $ — $ — $ 5,462 $ 189,603 $ 15,000 Middle Market Credit Fund, Mezzanine Loan — — — — — — — Middle Market Credit Fund II LLC, Member's Interest 77,958 — — — (2,961) 74,997 7,572 Total investments—controlled/affiliated $ 262,099 $ — $ — $ — $ 2,501 $ 264,600 $ 22,572 Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) $ 2,251 $ — $ (2,251) $ — $ — $ — $ 8 SolAero Technologies Corp. (A1 Term Loan) 2,850 — (3,166) — 316 — 1,031 SolAero Technologies Corp. (A2 Term Loan) 7,835 — (8,707) — 872 — 2,834 Solaero Technology Corp. (Equity) — — (4,786) 1,972 2,814 — — Total investments—controlled/affiliated $ 12,936 $ — $ (18,910) $ 1,972 $ 4,002 $ — $ 3,873 |
CONSOLIDATED SCHEDULE OF INVE_2
CONSOLIDATED SCHEDULE OF INVESTMENTS (Parenthetical) £ in Thousands, $ in Thousands | 9 Months Ended | 12 Months Ended | |||||
Sep. 30, 2022 USD ($) | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2021 GBP (£) | ||||
Schedule of Investments [Line Items] | |||||||
Interest rate floor | 1% | 1% | 1% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1] | $ 1,913,052 | |||||
Net Realized Gain (Loss) | 1,385 | $ 11,183 | |||||
Net Change in Unrealized Appreciation (Depreciation) | (18,729) | 49,134 | |||||
Fair value, ending balance | $ 1,948,957 | [2] | $ 1,913,052 | [1] | |||
Implied discount rate | 12.11% | 8.75% | 8.75% | ||||
Unfunded commitments, principal amount | $ 185,945 | $ 180,498 | |||||
Unfunded commitments, fair value | (5,119) | (2,660) | |||||
Amortized cost | 2,012,187 | 1,957,553 | |||||
Investments, at fair value | $ 1,948,957 | [2] | $ 1,913,052 | [1] | |||
Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 100% | 100% | |||||
Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 100% | 100% | |||||
Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 100% | 100% | |||||
30-day LIBOR | |||||||
Schedule of Investments [Line Items] | |||||||
Reference rate | 3.14% | 0.10% | 0.10% | ||||
90-day LIBOR | |||||||
Schedule of Investments [Line Items] | |||||||
Reference rate | 3.75% | 0.22% | 0.22% | ||||
180-day LIBOR | |||||||
Schedule of Investments [Line Items] | |||||||
Reference rate | 4.23% | 0.33% | 0.33% | ||||
30-day SOFR | |||||||
Schedule of Investments [Line Items] | |||||||
Reference rate | 3.04% | ||||||
90-day SOFR | |||||||
Schedule of Investments [Line Items] | |||||||
Reference rate | 3.59% | ||||||
Credit spread | Minimum | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Investment, measurement input | 0.0010 | ||||||
Credit spread | Maximum | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Investment, measurement input | 0.0026 | ||||||
Controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1] | $ 275,035 | |||||
Fair value, ending balance | 264,600 | [2] | $ 275,035 | [1] | |||
Amortized cost | 271,097 | 288,024 | |||||
Investments, at fair value | 264,600 | [2] | 275,035 | [1] | |||
Controlled/affiliated | Middle Market Credit Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 262,099 | 283,286 | 283,286 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | 0 | (23,000) | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 2,501 | 1,813 | |||||
Fair value, ending balance | 264,600 | 262,099 | |||||
Dividend and Interest Income | 22,572 | 30,063 | |||||
Investments, at fair value | 264,600 | 262,099 | |||||
Controlled/affiliated | Solaero Technology Corp. | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 12,936 | 7,012 | 7,012 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | (18,910) | (189) | |||||
Net Realized Gain (Loss) | 1,972 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 4,002 | 6,113 | |||||
Fair value, ending balance | 0 | 12,936 | |||||
Dividend and Interest Income | 3,873 | 185 | |||||
Investments, at fair value | 0 | 12,936 | |||||
Non-controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3] | 30,286 | |||||
Fair value, ending balance | 41,863 | [2] | 30,286 | [3] | |||
Amortized cost | 44,477 | 38,462 | |||||
Investments, at fair value | 41,863 | [2] | 30,286 | [3] | |||
Non-controlled/affiliated | Solaero Technology Corp. | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 30,286 | 26,180 | 26,180 | ||||
Additions/Purchases | 7,193 | 1,372 | |||||
Reductions/Sales/ Paydowns | (1,177) | (484) | |||||
Net Realized Gain (Loss) | 0 | 3 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 5,561 | 3,215 | |||||
Fair value, ending balance | 41,863 | 30,286 | |||||
Dividend and Interest Income | 8,159 | 173 | |||||
Investments, at fair value | 41,863 | 30,286 | |||||
Canada | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 47,543 | ||||||
Fair value, ending balance | 36,502 | 47,543 | |||||
Amortized cost | 35,895 | 46,433 | |||||
Investments, at fair value | $ 36,502 | $ 47,543 | |||||
Canada | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 1.90% | 2.50% | |||||
Cyprus | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 7,097 | ||||||
Fair value, ending balance | 6,137 | $ 7,097 | |||||
Amortized cost | 6,567 | 6,389 | |||||
Investments, at fair value | $ 6,137 | $ 7,097 | |||||
Cyprus | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.20% | 0.40% | |||||
Italy | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 5,158 | ||||||
Fair value, ending balance | 4,360 | $ 5,158 | |||||
Amortized cost | 5,315 | 5,303 | |||||
Investments, at fair value | $ 4,360 | $ 5,158 | |||||
Italy | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.20% | 0.30% | |||||
Luxembourg | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 38,403 | ||||||
Fair value, ending balance | 38,243 | $ 38,403 | |||||
Amortized cost | 41,499 | 41,647 | |||||
Investments, at fair value | $ 38,243 | $ 38,403 | |||||
Luxembourg | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 2% | 2% | |||||
Sweden | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | $ 142 | ||||||
Amortized cost | 1,168 | ||||||
Investments, at fair value | $ 142 | ||||||
Sweden | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | ||||||
United Kingdom | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 96,108 | ||||||
Fair value, ending balance | 75,105 | $ 96,108 | |||||
Amortized cost | 81,526 | 92,963 | |||||
Investments, at fair value | $ 75,105 | $ 96,108 | |||||
United Kingdom | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 3.90% | 5% | |||||
United States | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 1,718,743 | ||||||
Fair value, ending balance | 1,788,468 | $ 1,718,743 | |||||
Amortized cost | 1,840,217 | 1,764,818 | |||||
Investments, at fair value | $ 1,788,468 | $ 1,718,743 | |||||
United States | Investments at fair value | Geographic concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 91.80% | 89.80% | |||||
Debt securities | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 1,573,860 | ||||||
Fair value, ending balance | 1,591,805 | $ 1,573,860 | |||||
Amortized cost | 1,651,697 | 1,613,332 | |||||
Investments, at fair value | $ 1,591,805 | $ 1,573,860 | |||||
Debt securities | Investments at fair value | Interest rate type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 100% | 100% | |||||
First Lien Debt | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 1,232,084 | ||||||
Fair value, ending balance | 1,328,594 | $ 1,232,084 | |||||
Amortized cost | 1,380,925 | 1,271,794 | |||||
Investments, at fair value | $ 1,328,594 | $ 1,232,084 | |||||
First Lien Debt | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 68.20% | 64.40% | |||||
First Lien Debt | Controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3] | $ 12,936 | |||||
Fair value, ending balance | [3] | $ 12,936 | |||||
Amortized cost | [4] | 14,113 | |||||
Investments, at fair value | [3] | $ 12,936 | |||||
First Lien Debt | Controlled/affiliated | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.70% | ||||||
First Lien Debt | Non-controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3] | 30,286 | |||||
Fair value, ending balance | 41,863 | [2] | $ 30,286 | [3] | |||
Amortized cost | 44,477 | [5] | 38,462 | [4] | |||
Investments, at fair value | $ 41,863 | [2] | $ 30,286 | [3] | |||
First Lien Debt | Non-controlled/affiliated | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 2.10% | 1.60% | |||||
Second Lien Debt | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 341,776 | ||||||
Fair value, ending balance | 263,211 | $ 341,776 | |||||
Amortized cost | 270,772 | 341,538 | |||||
Investments, at fair value | $ 263,211 | $ 341,776 | |||||
Second Lien Debt | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 13.50% | 17.90% | |||||
Equity Investments | |||||||
Schedule of Investments [Line Items] | |||||||
Restricted investments, fair value | $ 92,552 | $ 77,093 | |||||
Restricted investments, percent of net assets | 9.89% | 8.13% | 8.13% | ||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | $ 92,552 | ||||||
Amortized cost | 89,393 | $ 73,125 | |||||
Investments, at fair value | $ 92,552 | ||||||
Equity Investments | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 4.70% | 4% | |||||
Equity Investments | Controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3] | $ 0 | |||||
Fair value, ending balance | [3] | $ 0 | |||||
Amortized cost | 2,815 | ||||||
Investments, at fair value | [3] | $ 0 | |||||
Equity Investments | Controlled/affiliated | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | ||||||
Equity Investments | Non-controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3] | 0 | |||||
Fair value, ending balance | 0 | [2] | $ 0 | [3] | |||
Amortized cost | 0 | 0 | |||||
Investments, at fair value | $ 0 | [2] | $ 0 | [3] | |||
Equity Investments | Non-controlled/affiliated | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | 0% | |||||
Investment Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 262,099 | ||||||
Fair value, ending balance | 264,600 | $ 262,099 | |||||
Amortized cost | 271,097 | 271,096 | |||||
Investments, at fair value | $ 264,600 | $ 262,099 | |||||
Investment Funds | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 13.60% | 13.70% | |||||
Investment Funds | Controlled/affiliated | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1] | $ 262,099 | |||||
Fair value, ending balance | 264,600 | [2] | $ 262,099 | [1] | |||
Amortized cost | 271,097 | 271,096 | |||||
Investments, at fair value | $ 264,600 | [2] | $ 262,099 | [1] | |||
Investment Funds | Controlled/affiliated | Investments at fair value | Investment type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 13.60% | 13.70% | |||||
Floating Rate | Debt securities | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 1,549,215 | ||||||
Fair value, ending balance | 1,568,730 | $ 1,549,215 | |||||
Amortized cost | 1,627,527 | 1,589,342 | |||||
Investments, at fair value | $ 1,568,730 | $ 1,549,215 | |||||
Floating Rate | Debt securities | Investments at fair value | Interest rate type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 98.60% | 98.40% | |||||
Fixed Rate | Debt securities | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 24,645 | ||||||
Fair value, ending balance | 23,075 | $ 24,645 | |||||
Amortized cost | 24,170 | 23,990 | |||||
Investments, at fair value | $ 23,075 | $ 24,645 | |||||
Fixed Rate | Debt securities | Investments at fair value | Interest rate type concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 1.40% | 1.60% | |||||
Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 166,071 | ||||||
Fair value, ending balance | 131,981 | $ 166,071 | |||||
Amortized cost | 139,565 | 169,068 | |||||
Investments, at fair value | $ 131,981 | $ 166,071 | |||||
Aerospace & Defense | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 6.80% | 8.70% | |||||
Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 94,144 | ||||||
Fair value, ending balance | 77,159 | $ 94,144 | |||||
Amortized cost | 75,568 | 91,155 | |||||
Investments, at fair value | $ 77,159 | $ 94,144 | |||||
Automotive | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 4% | 4.90% | |||||
Beverage & Food | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 97,377 | ||||||
Fair value, ending balance | 94,021 | $ 97,377 | |||||
Amortized cost | 94,844 | 91,999 | |||||
Investments, at fair value | $ 94,021 | $ 97,377 | |||||
Beverage & Food | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 4.80% | 5.10% | |||||
Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 83,878 | ||||||
Fair value, ending balance | 80,817 | $ 83,878 | |||||
Amortized cost | 79,259 | 85,994 | |||||
Investments, at fair value | $ 80,817 | $ 83,878 | |||||
Business Services | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 4.10% | 4.40% | |||||
Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 102,308 | ||||||
Fair value, ending balance | 76,931 | $ 102,308 | |||||
Amortized cost | 77,422 | 102,065 | |||||
Investments, at fair value | $ 76,931 | $ 102,308 | |||||
Capital Equipment | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 4% | 5.40% | |||||
Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 66,515 | ||||||
Fair value, ending balance | 18,310 | $ 66,515 | |||||
Amortized cost | 18,513 | 64,717 | |||||
Investments, at fair value | $ 18,310 | $ 66,515 | |||||
Chemicals, Plastics & Rubber | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.90% | 3.50% | |||||
Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 61,055 | ||||||
Fair value, ending balance | 427 | $ 61,055 | |||||
Amortized cost | 438 | 59,945 | |||||
Investments, at fair value | $ 427 | $ 61,055 | |||||
Construction & Building | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | 3.20% | |||||
Consumer Goods: Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 11,450 | ||||||
Fair value, ending balance | 4,360 | $ 11,450 | |||||
Amortized cost | 5,315 | 11,277 | |||||
Investments, at fair value | $ 4,360 | $ 11,450 | |||||
Consumer Goods: Durable | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.20% | 0.60% | |||||
Consumer Goods: Non-Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 440 | ||||||
Fair value, ending balance | 106,868 | $ 440 | |||||
Amortized cost | 108,064 | 440 | |||||
Investments, at fair value | $ 106,868 | $ 440 | |||||
Consumer Goods: Non-Durable | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 5.50% | 0% | |||||
Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 5,158 | ||||||
Fair value, ending balance | 52,132 | $ 5,158 | |||||
Amortized cost | 54,054 | 5,303 | |||||
Investments, at fair value | $ 52,132 | $ 5,158 | |||||
Consumer Services | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 2.80% | 0.30% | |||||
Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 25,909 | ||||||
Fair value, ending balance | 52,539 | $ 25,909 | |||||
Amortized cost | 55,567 | 25,155 | |||||
Investments, at fair value | $ 52,539 | $ 25,909 | |||||
Containers, Packaging & Glass | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 2.70% | 1.40% | |||||
Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 52,113 | ||||||
Fair value, ending balance | 69,532 | $ 52,113 | |||||
Amortized cost | 77,073 | 52,154 | |||||
Investments, at fair value | $ 69,532 | $ 52,113 | |||||
Diversified Financial Services | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 3.60% | 2.70% | |||||
Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 42,900 | ||||||
Fair value, ending balance | 43,410 | $ 42,900 | |||||
Amortized cost | 43,359 | 41,991 | |||||
Investments, at fair value | $ 43,410 | $ 42,900 | |||||
Energy: Oil & Gas | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 2.20% | 2.20% | |||||
Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 69,185 | ||||||
Fair value, ending balance | 58,471 | $ 69,185 | |||||
Amortized cost | 59,399 | 69,194 | |||||
Investments, at fair value | $ 58,471 | $ 69,185 | |||||
Environmental Industries | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 3% | 3.60% | |||||
Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 229,555 | ||||||
Fair value, ending balance | 230,007 | $ 229,555 | |||||
Amortized cost | 246,987 | 250,294 | |||||
Investments, at fair value | $ 230,007 | $ 229,555 | |||||
Healthcare & Pharmaceuticals | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 11.80% | 12% | |||||
High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 151,430 | ||||||
Fair value, ending balance | 144,525 | $ 151,430 | |||||
Amortized cost | 147,357 | 149,185 | |||||
Investments, at fair value | $ 144,525 | $ 151,430 | |||||
High Tech Industries | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 7.40% | 7.90% | |||||
Investment Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 113,201 | ||||||
Fair value, ending balance | 106,387 | $ 113,201 | |||||
Amortized cost | 114,526 | 126,237 | |||||
Investments, at fair value | $ 106,387 | $ 113,201 | |||||
Investment Funds | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 5.50% | 5.90% | |||||
Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 262,099 | ||||||
Fair value, ending balance | 264,600 | $ 262,099 | |||||
Amortized cost | 271,097 | 271,096 | |||||
Investments, at fair value | $ 264,600 | $ 262,099 | |||||
Leisure Products & Services | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 13.60% | 13.70% | |||||
Media: Advertising, Printing & Publishing | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 7,205 | ||||||
Fair value, ending balance | 181 | $ 7,205 | |||||
Amortized cost | 318 | 7,318 | |||||
Investments, at fair value | $ 181 | $ 7,205 | |||||
Media: Advertising, Printing & Publishing | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | 0.40% | |||||
Media: Diversified & Production | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 19,666 | ||||||
Fair value, ending balance | 19,746 | $ 19,666 | |||||
Amortized cost | 19,747 | 19,700 | |||||
Investments, at fair value | $ 19,746 | $ 19,666 | |||||
Media: Diversified & Production | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 1% | 1% | |||||
Metals & Mining | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 2,086 | ||||||
Fair value, ending balance | 6,796 | $ 2,086 | |||||
Amortized cost | 6,765 | 2,237 | |||||
Investments, at fair value | $ 6,796 | $ 2,086 | |||||
Metals & Mining | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.30% | 0.10% | |||||
Retail | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 44,992 | ||||||
Fair value, ending balance | 31,616 | $ 44,992 | |||||
Amortized cost | 31,678 | 44,644 | |||||
Investments, at fair value | $ 31,616 | $ 44,992 | |||||
Retail | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 1.60% | 2.40% | |||||
Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 104,673 | ||||||
Fair value, ending balance | 179,027 | $ 104,673 | |||||
Amortized cost | 180,501 | 105,958 | |||||
Investments, at fair value | $ 179,027 | $ 104,673 | |||||
Software | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 9.20% | 5.50% | |||||
Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 14,036 | ||||||
Fair value, ending balance | 626 | $ 14,036 | |||||
Amortized cost | 182 | 13,623 | |||||
Investments, at fair value | $ 626 | $ 14,036 | |||||
Sovereign & Public Finance | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | 0.70% | |||||
Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 76,585 | ||||||
Fair value, ending balance | 66,223 | $ 76,585 | |||||
Amortized cost | 72,014 | 87,977 | |||||
Investments, at fair value | $ 66,223 | $ 76,585 | |||||
Telecommunications | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 3.40% | 4% | |||||
Transportation: Cargo | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | $ 19,292 | ||||||
Amortized cost | 19,668 | ||||||
Investments, at fair value | $ 19,292 | ||||||
Transportation: Cargo | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 1% | ||||||
Utilities: Electric | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 878 | ||||||
Fair value, ending balance | 888 | $ 878 | |||||
Amortized cost | 898 | 869 | |||||
Investments, at fair value | $ 888 | $ 878 | |||||
Utilities: Electric | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0% | 0% | |||||
Wholesale | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 8,143 | ||||||
Fair value, ending balance | 12,085 | $ 8,143 | |||||
Amortized cost | 12,009 | 7,958 | |||||
Investments, at fair value | $ 12,085 | $ 8,143 | |||||
Wholesale | Investments at fair value | Industry concentration | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Concentration risk percentage | 0.60% | 0.40% | |||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | $ 0 | ||||||
Fair value, ending balance | 0 | $ 0 | |||||
Amortized cost | 0 | 0 | |||||
Investments, at fair value | 0 | 0 | |||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 0 | ||||||
Fair value, ending balance | 0 | 0 | |||||
Amortized cost | 5,364 | 5,364 | |||||
Investments, at fair value | 0 | 0 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - ACR Group Borrower, LLC - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 34,477 | ||||||
Fair value, ending balance | 36,368 | 34,477 | |||||
Amortized cost | 36,780 | 33,913 | |||||
Investments, at fair value | 36,368 | 34,477 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - API Technologies Corp. - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 14,251 | ||||||
Fair value, ending balance | 13,227 | 14,251 | |||||
Amortized cost | 14,471 | 14,575 | |||||
Investments, at fair value | 13,227 | 14,251 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 25,203 | ||||||
Fair value, ending balance | 23,294 | 25,203 | |||||
Amortized cost | 25,162 | 25,353 | |||||
Investments, at fair value | 23,294 | 25,203 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 6,687 | ||||||
Fair value, ending balance | 6,687 | ||||||
Amortized cost | 6,650 | ||||||
Investments, at fair value | 6,687 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Analogic Corporation - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 19,587 | ||||||
Fair value, ending balance | 19,630 | 19,587 | |||||
Amortized cost | 20,150 | 19,781 | |||||
Investments, at fair value | 19,630 | 19,587 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Anchor Packaging, Inc. - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 24,215 | ||||||
Fair value, ending balance | 23,464 | 24,215 | |||||
Amortized cost | 24,210 | 24,385 | |||||
Investments, at fair value | 23,464 | 24,215 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Aptean, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 12,087 | ||||||
Fair value, ending balance | 11,459 | 12,087 | |||||
Amortized cost | 12,026 | 12,113 | |||||
Investments, at fair value | 11,459 | 12,087 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avalign Technologies, Inc. - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 14,320 | ||||||
Fair value, ending balance | 14,003 | 14,320 | |||||
Amortized cost | 14,259 | 14,354 | |||||
Investments, at fair value | 14,003 | 14,320 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 23,350 | ||||||
Fair value, ending balance | 23,350 | ||||||
Amortized cost | 23,350 | ||||||
Investments, at fair value | 23,350 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - BMS Holdings III Corp. - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 11,071 | ||||||
Fair value, ending balance | 11,002 | 11,071 | |||||
Amortized cost | 11,073 | 11,143 | |||||
Investments, at fair value | 11,002 | 11,071 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chartis Holding, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 6,964 | ||||||
Fair value, ending balance | 6,862 | 6,964 | |||||
Amortized cost | 6,911 | 6,964 | |||||
Investments, at fair value | 6,862 | 6,964 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chemical Computing Group ULC (Canada) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 13,845 | ||||||
Fair value, ending balance | 13,576 | 13,845 | |||||
Amortized cost | 13,563 | 13,480 | |||||
Investments, at fair value | 13,576 | 13,845 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chudy Group, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 33,657 | ||||||
Fair value, ending balance | 33,657 | ||||||
Amortized cost | 32,465 | ||||||
Investments, at fair value | 33,657 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - DTI Holdco, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 18,237 | ||||||
Fair value, ending balance | 28,450 | 18,237 | |||||
Amortized cost | 29,429 | 18,442 | |||||
Investments, at fair value | 28,450 | 18,237 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Diligent Corporation - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,228 | ||||||
Fair value, ending balance | 9,715 | 9,228 | |||||
Amortized cost | 9,855 | 8,816 | |||||
Investments, at fair value | 9,715 | 9,228 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Divisions Holding Corporation - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 24,953 | ||||||
Fair value, ending balance | 23,667 | 24,953 | |||||
Amortized cost | 24,543 | 24,706 | |||||
Investments, at fair value | 23,667 | 24,953 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EPS Nass Parent, Inc. - Utilities: Electric | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 32,507 | ||||||
Fair value, ending balance | 32,851 | 32,507 | |||||
Amortized cost | 33,208 | 32,169 | |||||
Investments, at fair value | 32,851 | 32,507 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Eliassen Group, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 15,152 | ||||||
Fair value, ending balance | 19,178 | 15,152 | |||||
Amortized cost | 19,187 | 15,103 | |||||
Investments, at fair value | 19,178 | 15,152 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EvolveIP, LLC - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 39,973 | ||||||
Fair value, ending balance | 39,816 | 39,973 | |||||
Amortized cost | 40,460 | 40,126 | |||||
Investments, at fair value | 39,816 | 39,973 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Exactech, Inc. - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 21,073 | ||||||
Fair value, ending balance | 18,882 | 21,073 | |||||
Amortized cost | 21,071 | 21,221 | |||||
Investments, at fair value | 18,882 | 21,073 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Excel Fitness Holdings, Inc. - Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 24,500 | ||||||
Fair value, ending balance | 24,500 | ||||||
Amortized cost | 24,336 | ||||||
Investments, at fair value | 24,500 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Frontline Technologies Holdings, LLC - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 14,736 | ||||||
Fair value, ending balance | 14,552 | 14,736 | |||||
Amortized cost | 14,277 | 14,269 | |||||
Investments, at fair value | 14,552 | 14,736 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - GSM Acquisition Corp. - Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 25,396 | ||||||
Fair value, ending balance | 28,849 | 25,396 | |||||
Amortized cost | 29,944 | 25,331 | |||||
Investments, at fair value | 28,849 | 25,396 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - HMT Holding Inc. - Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 31,086 | ||||||
Fair value, ending balance | 30,289 | 31,086 | |||||
Amortized cost | 32,086 | 32,245 | |||||
Investments, at fair value | 30,289 | 31,086 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 17,735 | ||||||
Fair value, ending balance | 7,143 | 17,735 | |||||
Amortized cost | 7,171 | 17,664 | |||||
Investments, at fair value | 7,143 | 17,735 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 24,121 | ||||||
Amortized cost | 24,233 | ||||||
Investments, at fair value | 24,121 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Higginbotham Insurance Agency, Inc.. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 4,417 | ||||||
Amortized cost | 4,438 | ||||||
Investments, at fair value | 4,417 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Integrity Marketing Acquisition, LLC - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 32,403 | ||||||
Fair value, ending balance | 41,830 | 32,403 | |||||
Amortized cost | 43,572 | 32,309 | |||||
Investments, at fair value | 41,830 | 32,403 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Jensen Hughes, Inc. - Utilities: Electric | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 33,395 | ||||||
Fair value, ending balance | 33,105 | 33,395 | |||||
Amortized cost | 34,097 | 34,347 | |||||
Investments, at fair value | 33,105 | 33,395 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 12,906 | ||||||
Fair value, ending balance | 12,780 | 12,906 | |||||
Amortized cost | 12,832 | 12,929 | |||||
Investments, at fair value | 12,780 | 12,906 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KAMC Holdings, Inc. - Energy: Electricity | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 11,450 | ||||||
Fair value, ending balance | 10,983 | 11,450 | |||||
Amortized cost | 13,540 | 13,638 | |||||
Investments, at fair value | 10,983 | 11,450 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KBP Investments, LLC - Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 36,570 | ||||||
Fair value, ending balance | 34,700 | 36,570 | |||||
Amortized cost | 36,966 | 36,599 | |||||
Investments, at fair value | 34,700 | 36,570 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Odyssey Logistics & Technology Corp. - Transportation: Cargo | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,509 | ||||||
Fair value, ending balance | 9,196 | 9,509 | |||||
Amortized cost | 9,512 | 9,580 | |||||
Investments, at fair value | 9,196 | 9,509 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Output Services Group - Media: Advertising, Printing & Publishing | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 16,467 | ||||||
Fair value, ending balance | 13,519 | 16,467 | |||||
Amortized cost | 19,145 | 19,194 | |||||
Investments, at fair value | 13,519 | 16,467 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 15,167 | ||||||
Amortized cost | 15,196 | ||||||
Investments, at fair value | 15,167 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Premise Health Holding Corp. - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 13,419 | ||||||
Fair value, ending balance | 13,244 | 13,419 | |||||
Amortized cost | 13,312 | 13,409 | |||||
Investments, at fair value | 13,244 | 13,419 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Q Holding Company - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 21,098 | ||||||
Fair value, ending balance | 21,098 | ||||||
Amortized cost | 21,421 | ||||||
Investments, at fair value | 21,098 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - QW Holding Corporation - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 13,645 | ||||||
Fair value, ending balance | 21,147 | 13,645 | |||||
Amortized cost | 21,483 | 13,887 | |||||
Investments, at fair value | 21,147 | 13,645 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Radiology Partners, Inc. - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 27,245 | ||||||
Fair value, ending balance | 24,173 | 27,245 | |||||
Amortized cost | 27,619 | 27,603 | |||||
Investments, at fair value | 24,173 | 27,245 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - RevSpring Inc. - Media: Advertising, Printing & Publishing | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 29,067 | ||||||
Fair value, ending balance | 27,694 | 29,067 | |||||
Amortized cost | 28,803 | 29,001 | |||||
Investments, at fair value | 27,694 | 29,067 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 11,314 | ||||||
Amortized cost | 11,314 | ||||||
Investments, at fair value | 11,314 | ||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Striper Buyer, LLC - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 14,850 | ||||||
Fair value, ending balance | 14,715 | 14,850 | |||||
Amortized cost | 14,625 | 14,720 | |||||
Investments, at fair value | 14,715 | 14,850 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Turbo Buyer, Inc. - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 13,661 | ||||||
Fair value, ending balance | 33,641 | 13,661 | |||||
Amortized cost | 34,115 | 13,960 | |||||
Investments, at fair value | 33,641 | 13,661 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - U.S. TelePacific Holdings Corp. - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 4,995 | ||||||
Fair value, ending balance | 2,783 | 4,995 | |||||
Amortized cost | 6,944 | 6,643 | |||||
Investments, at fair value | 2,783 | 4,995 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - USALCO, LLC - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 14,704 | ||||||
Fair value, ending balance | 14,300 | 14,704 | |||||
Amortized cost | 14,625 | 14,704 | |||||
Investments, at fair value | 14,300 | 14,704 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - VRC Companies, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 26,162 | ||||||
Fair value, ending balance | 28,093 | 26,162 | |||||
Amortized cost | 28,599 | 26,103 | |||||
Investments, at fair value | 28,093 | 26,162 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - WRE Holding Corp. - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,584 | ||||||
Fair value, ending balance | 8,268 | 8,584 | |||||
Amortized cost | 8,426 | 8,724 | |||||
Investments, at fair value | 8,268 | 8,584 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Welocalize, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 33,444 | ||||||
Fair value, ending balance | 32,764 | 33,444 | |||||
Amortized cost | 33,617 | 33,868 | |||||
Investments, at fair value | 32,764 | 33,444 | |||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 39,095 | ||||||
Fair value, ending balance | 37,976 | 39,095 | |||||
Amortized cost | 38,921 | 39,135 | |||||
Investments, at fair value | $ 37,976 | $ 39,095 | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - ACR Group Borrower, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.38% | 0.38% | 0.38% | ||||
Unfunded commitments, principal amount | $ 4,289 | $ 7,350 | |||||
Unfunded commitments, fair value | $ (94) | $ 0 | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Analogic Corporation - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 339 | $ 847 | |||||
Unfunded commitments, fair value | $ (9) | $ (9) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chartis Holding, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 2,183 | $ 2,183 | |||||
Unfunded commitments, fair value | $ (12) | $ 0 | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chemical Computing Group ULC (Canada) - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 873 | $ 873 | |||||
Unfunded commitments, fair value | $ (14) | $ (4) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chudy Group, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 5,517 | ||||||
Unfunded commitments, fair value | $ 88 | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chudy Group, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,379 | ||||||
Unfunded commitments, fair value | $ 22 | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Diligent Corporation - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 351 | $ 1,653 | |||||
Unfunded commitments, fair value | $ (11) | $ 26 | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Diligent Corporation - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 703 | ||||||
Unfunded commitments, fair value | $ 11 | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EPS Nass Parent, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 1,488 | $ 3,136 | |||||
Unfunded commitments, fair value | $ (39) | $ (29) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EPS Nass Parent, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 1,380 | $ 941 | |||||
Unfunded commitments, fair value | $ (36) | $ (9) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EvolveIP, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 2,757 | $ 3,360 | |||||
Unfunded commitments, fair value | $ (43) | $ (17) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - GSM Acquisition Corp. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 825 | $ 4,313 | |||||
Unfunded commitments, fair value | $ (36) | $ (33) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - HMT Holding Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 6,173 | $ 6,173 | |||||
Unfunded commitments, fair value | $ (312) | $ (223) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Heartland Home Services, Inc - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 771 | $ 746 | |||||
Unfunded commitments, fair value | $ (6) | $ 3 | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Integrity Marketing Acquisition, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | 0% | |||||
Unfunded commitments, principal amount | $ 7,000 | ||||||
Unfunded commitments, fair value | $ (71) | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Integrity Marketing Acquisition, LLC - Delayed Draw (2) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 4,453 | ||||||
Unfunded commitments, fair value | $ (45) | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Jensen Hughes, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 2,000 | $ 2,000 | |||||
Unfunded commitments, fair value | $ (57) | $ (55) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - K2 Insurance Services, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 1,170 | $ 1,170 | |||||
Unfunded commitments, fair value | $ (4) | $ (2) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - KBP Investments, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 2,598 | $ 503 | |||||
Unfunded commitments, fair value | $ (162) | $ (5) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - KBP Investments, LLC - Delayed Draw (2) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 2,415 | ||||||
Unfunded commitments, fair value | $ (24) | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - QW Holding Corporation - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 5,498 | $ 9,338 | |||||
Unfunded commitments, fair value | $ (98) | $ (162) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - QW Holding Corporation - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 3,794 | ||||||
Unfunded commitments, fair value | $ (66) | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Turbo Buyer, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 933 | $ 933 | |||||
Unfunded commitments, fair value | $ (18) | $ (19) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - VRC Companies, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.75% | 0.75% | |||||
Unfunded commitments, principal amount | $ 2,521 | ||||||
Unfunded commitments, fair value | $ (30) | ||||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - VRC Companies, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 708 | $ 833 | |||||
Unfunded commitments, fair value | $ (21) | $ (10) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - WRE Holding Corp. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 849 | $ 624 | |||||
Unfunded commitments, fair value | $ (15) | $ (10) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Welocalize, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 3,375 | $ 3,375 | |||||
Unfunded commitments, fair value | $ (96) | $ (64) | |||||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Welocalize, Inc. - Revolver (2) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 2,250 | $ 2,250 | |||||
Unfunded commitments, fair value | (64) | (43) | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Airnov, Inc. - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,946 | ||||||
Fair value, ending balance | 9,833 | 9,946 | |||||
Amortized cost | 9,858 | 9,930 | |||||
Investments, at fair value | 9,833 | 9,946 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Alpine Acquisition Corp II - Transportation: Cargo | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 3,181 | ||||||
Amortized cost | 3,190 | ||||||
Investments, at fair value | 3,181 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - American Physician Partners, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,415 | ||||||
Fair value, ending balance | 8,939 | 8,415 | |||||
Amortized cost | 8,968 | 8,415 | |||||
Investments, at fair value | 8,939 | 8,415 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Appriss Health, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 1,198 | ||||||
Fair value, ending balance | 7,338 | 1,198 | |||||
Amortized cost | 7,379 | 1,178 | |||||
Investments, at fair value | 7,338 | 1,198 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Apptio, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 5,357 | ||||||
Fair value, ending balance | 5,357 | 5,357 | |||||
Amortized cost | 5,309 | 5,295 | |||||
Investments, at fair value | 5,357 | 5,357 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 3,924 | ||||||
Fair value, ending balance | 4,065 | 3,924 | |||||
Amortized cost | 4,250 | 4,273 | |||||
Investments, at fair value | 4,065 | 3,924 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 987 | ||||||
Fair value, ending balance | 987 | ||||||
Amortized cost | 980 | ||||||
Investments, at fair value | 987 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - BMS Holdings III Corp. - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 3,224 | ||||||
Fair value, ending balance | 3,204 | 3,224 | |||||
Amortized cost | 3,199 | 3,216 | |||||
Investments, at fair value | 3,204 | 3,224 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Captive Resources Midco, LLC - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,147 | ||||||
Fair value, ending balance | 8,147 | ||||||
Amortized cost | 8,108 | ||||||
Investments, at fair value | 8,147 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Chartis Holding, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,924 | ||||||
Fair value, ending balance | 9,796 | 9,924 | |||||
Amortized cost | 9,835 | 9,907 | |||||
Investments, at fair value | 9,796 | 9,924 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Comar Holding Company, LLC - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,536 | ||||||
Fair value, ending balance | 8,269 | 8,536 | |||||
Amortized cost | 8,588 | 8,632 | |||||
Investments, at fair value | 8,269 | 8,536 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Cority Software Inc. (Canada) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,707 | ||||||
Fair value, ending balance | 8,569 | 8,707 | |||||
Amortized cost | 8,543 | 8,591 | |||||
Investments, at fair value | 8,569 | 8,707 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,974 | ||||||
Fair value, ending balance | 9,974 | ||||||
Amortized cost | 9,939 | ||||||
Investments, at fair value | 9,974 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 9,797 | ||||||
Amortized cost | 9,885 | ||||||
Investments, at fair value | 9,797 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Ethos Veterinary Health LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,134 | ||||||
Fair value, ending balance | 8,134 | ||||||
Amortized cost | 8,080 | ||||||
Investments, at fair value | 8,134 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - EvolveIP, LLC - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,666 | ||||||
Fair value, ending balance | 8,508 | 8,666 | |||||
Amortized cost | 8,639 | 8,701 | |||||
Investments, at fair value | 8,508 | 8,666 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Harbour Benefit Holdings, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 4,669 | ||||||
Fair value, ending balance | 9,891 | 4,669 | |||||
Amortized cost | 9,903 | 4,707 | |||||
Investments, at fair value | 9,891 | 4,669 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 6,135 | ||||||
Amortized cost | 6,270 | ||||||
Investments, at fair value | 6,135 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 4,655 | ||||||
Amortized cost | 4,718 | ||||||
Investments, at fair value | 4,655 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 4,321 | ||||||
Amortized cost | 4,366 | ||||||
Investments, at fair value | 4,321 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,998 | ||||||
Fair value, ending balance | 8,998 | ||||||
Amortized cost | 8,914 | ||||||
Investments, at fair value | 8,998 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 8,911 | ||||||
Amortized cost | 8,850 | ||||||
Investments, at fair value | 8,911 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Kaseya, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 9,038 | ||||||
Fair value, ending balance | 9,038 | ||||||
Amortized cost | 8,987 | ||||||
Investments, at fair value | 9,038 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Material Holdings, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 7,891 | ||||||
Fair value, ending balance | 7,561 | 7,891 | |||||
Amortized cost | 7,846 | 7,896 | |||||
Investments, at fair value | 7,561 | 7,891 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Maverick Acquisition, Inc. - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 7,808 | ||||||
Fair value, ending balance | 7,069 | 7,808 | |||||
Amortized cost | 7,774 | 7,814 | |||||
Investments, at fair value | 7,069 | 7,808 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - NMI AcquisitionCo, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,601 | ||||||
Fair value, ending balance | 8,435 | 8,601 | |||||
Amortized cost | 8,640 | 8,680 | |||||
Investments, at fair value | 8,435 | 8,601 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - National Technical Systems, Inc. - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,733 | ||||||
Fair value, ending balance | 8,733 | ||||||
Amortized cost | 8,720 | ||||||
Investments, at fair value | 8,733 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 9,802 | ||||||
Amortized cost | 9,669 | ||||||
Investments, at fair value | 9,802 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - QW Holding Corporation - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 9,796 | ||||||
Amortized cost | 9,825 | ||||||
Investments, at fair value | 9,796 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,434 | ||||||
Fair value, ending balance | 8,434 | ||||||
Amortized cost | 8,277 | ||||||
Investments, at fair value | 8,434 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 7,983 | ||||||
Amortized cost | 8,231 | ||||||
Investments, at fair value | 7,983 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Redwood Services Group, LLC - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,737 | ||||||
Fair value, ending balance | 8,737 | ||||||
Amortized cost | 8,724 | ||||||
Investments, at fair value | 8,737 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 8,173 | ||||||
Fair value, ending balance | 8,173 | ||||||
Amortized cost | 8,074 | ||||||
Investments, at fair value | 8,173 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 8,111 | ||||||
Amortized cost | 8,032 | ||||||
Investments, at fair value | 8,111 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Superior Health Linens, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 6,875 | ||||||
Fair value, ending balance | 6,875 | ||||||
Amortized cost | 6,875 | ||||||
Investments, at fair value | 6,875 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - TCFI Aevex LLC - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 1,458 | ||||||
Fair value, ending balance | 1,407 | 1,458 | |||||
Amortized cost | 1,667 | 1,676 | |||||
Investments, at fair value | 1,407 | 1,458 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Turbo Buyer, Inc. - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 7,929 | ||||||
Fair value, ending balance | 7,870 | 7,929 | |||||
Amortized cost | 7,913 | 7,950 | |||||
Investments, at fair value | 7,870 | 7,929 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - U.S. Legal Support, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 6,082 | ||||||
Amortized cost | 6,178 | ||||||
Investments, at fair value | 6,082 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - US INFRA SVCS Buyer, LLC - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 3,189 | ||||||
Fair value, ending balance | 2,955 | 3,189 | |||||
Amortized cost | 3,071 | 3,217 | |||||
Investments, at fair value | 2,955 | 3,189 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - USLS Acquisition, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 6,165 | ||||||
Fair value, ending balance | 6,165 | ||||||
Amortized cost | 6,223 | ||||||
Investments, at fair value | 6,165 | ||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Westfall Technik, Inc. - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 6,359 | ||||||
Fair value, ending balance | 6,304 | 6,359 | |||||
Amortized cost | 6,374 | 6,337 | |||||
Investments, at fair value | 6,304 | 6,359 | |||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Wineshipping.com LLC - Beverage & Food | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | 9,483 | ||||||
Amortized cost | 9,618 | ||||||
Investments, at fair value | 9,483 | ||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AI Convoy S.A.R.L (United Kingdom) - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 5,720 | ||||||
Fair value, ending balance | 5,734 | 5,720 | |||||
Amortized cost | 5,422 | 5,413 | |||||
Investments, at fair value | 5,734 | 5,720 | |||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AP Plastics Acquisition Holdings, LLC - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 4,526 | ||||||
Fair value, ending balance | 4,406 | 4,526 | |||||
Amortized cost | 4,417 | 4,410 | |||||
Investments, at fair value | 4,406 | 4,526 | |||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AQA Acquisition Holdings, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 5,004 | ||||||
Fair value, ending balance | 4,843 | 5,004 | |||||
Amortized cost | 4,890 | 4,881 | |||||
Investments, at fair value | 4,843 | 5,004 | |||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Quartz Holding Company - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 4,852 | ||||||
Fair value, ending balance | 4,821 | 4,852 | |||||
Amortized cost | 4,789 | 4,781 | |||||
Investments, at fair value | 4,821 | 4,852 | |||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Tank Holding Corp. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 5,569 | ||||||
Fair value, ending balance | 5,569 | ||||||
Amortized cost | 5,446 | ||||||
Investments, at fair value | 5,569 | ||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - World 50, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 5,422 | ||||||
Fair value, ending balance | 5,220 | 5,422 | |||||
Amortized cost | 5,379 | 5,368 | |||||
Investments, at fair value | 5,220 | 5,422 | |||||
Investment, Identifier [Axis]: Direct Travel, Inc. | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 27,555 | 24,949 | 24,949 | ||||
Additions/Purchases | 7,193 | 0 | |||||
Reductions/Sales/ Paydowns | (1,177) | (484) | |||||
Net Realized Gain (Loss) | 0 | 3 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 5,561 | 3,087 | |||||
Fair value, ending balance | 39,132 | 27,555 | |||||
Dividend and Interest Income | 8,059 | 0 | |||||
Investments, at fair value | 39,132 | 27,555 | |||||
Investment, Identifier [Axis]: Direct Travel, Inc. (2) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 2,731 | 1,231 | 1,231 | ||||
Additions/Purchases | 0 | 1,372 | |||||
Reductions/Sales/ Paydowns | 0 | 0 | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 0 | 128 | |||||
Fair value, ending balance | 2,731 | 2,731 | |||||
Dividend and Interest Income | 100 | 173 | |||||
Investments, at fair value | 2,731 | 2,731 | |||||
Investment, Identifier [Axis]: Direct Travel, Inc. (Equity) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 0 | 0 | 0 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | 0 | 0 | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 0 | 0 | |||||
Fair value, ending balance | 0 | 0 | |||||
Dividend and Interest Income | 0 | 0 | |||||
Investments, at fair value | 0 | 0 | |||||
Investment, Identifier [Axis]: Equity Investments, ANLG Holdings, LLC, Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 821 | |||||
Fair value, ending balance | 649 | [2],[8],[9] | 821 | [3],[6],[7] | |||
Amortized cost | 592 | [8],[9] | 592 | [6],[7] | |||
Investments, at fair value | 649 | [2],[8],[9] | 821 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 4,843 | |||||
Amortized cost | [8],[9] | 4,861 | |||||
Investments, at fair value | [2],[8],[9] | 4,843 | |||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 4,662 | |||||
Fair value, ending balance | [3],[6],[7] | 4,662 | |||||
Amortized cost | [6],[7] | 4,457 | |||||
Investments, at fair value | [3],[6],[7] | 4,662 | |||||
Investment, Identifier [Axis]: Equity Investments, Atlas Ontario LP (Canada), Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[7] | 5,114 | |||||
Fair value, ending balance | 5,114 | [2],[8],[9],[10] | 5,114 | [1],[3],[6],[7] | |||
Amortized cost | 5,114 | [8],[9],[10] | 5,114 | [1],[6],[7] | |||
Investments, at fair value | 5,114 | [2],[8],[9],[10] | 5,114 | [1],[3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Avenu Holdings, LLC, Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 491 | |||||
Fair value, ending balance | 548 | [2],[8],[9] | 491 | [3],[6],[7] | |||
Amortized cost | 104 | [8],[9] | 172 | [6],[7] | |||
Investments, at fair value | 548 | [2],[8],[9] | 491 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc, Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 9,461 | |||||
Fair value, ending balance | [3],[6],[7] | 9,461 | |||||
Amortized cost | [6],[7] | 9,461 | |||||
Investments, at fair value | [3],[6],[7] | 9,461 | |||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc., Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 10,476 | |||||
Amortized cost | [8],[9] | 10,436 | |||||
Investments, at fair value | [2],[8],[9] | 10,476 | |||||
Investment, Identifier [Axis]: Equity Investments, Buckeye Parent, LLC, Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 885 | |||||
Fair value, ending balance | 812 | [2],[8],[9] | 885 | [3],[6],[7] | |||
Amortized cost | 885 | [8],[9] | 885 | [6],[7] | |||
Investments, at fair value | 812 | [2],[8],[9] | 885 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, CIP Revolution Holdings, LLC, Media: Advertising, Printing & Publishing | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 205 | |||||
Fair value, ending balance | 181 | [2],[8],[9] | 205 | [3],[6],[7] | |||
Amortized cost | 318 | [8],[9] | 318 | [6],[7] | |||
Investments, at fair value | 181 | [2],[8],[9] | 205 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Chartis Holding, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 691 | |||||
Fair value, ending balance | 639 | [2],[8],[9] | 691 | [3],[6],[7] | |||
Amortized cost | 433 | [8],[9] | 430 | [6],[7] | |||
Investments, at fair value | 639 | [2],[8],[9] | 691 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Cority Software Inc. (Canada), Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 454 | |||||
Fair value, ending balance | 606 | [2],[8],[9],[10] | 454 | [3],[6],[7] | |||
Amortized cost | 250 | [8],[9],[10] | 250 | [6],[7] | |||
Investments, at fair value | 606 | [2],[8],[9],[10] | 454 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 0 | |||||
Fair value, ending balance | 0 | [2],[8],[9] | 0 | [3],[6],[7] | |||
Amortized cost | 1,000 | [8],[9] | 1,000 | [6],[7] | |||
Investments, at fair value | 0 | [2],[8],[9] | 0 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Diligent Corporation, Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 10,256 | |||||
Fair value, ending balance | 10,900 | [2],[8],[9] | 10,256 | [3],[6],[7] | |||
Amortized cost | 11,468 | [8],[9] | 10,269 | [6],[7] | |||
Investments, at fair value | 10,900 | [2],[8],[9] | 10,256 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7],[11] | 0 | |||||
Fair value, ending balance | 0 | [2],[8],[9],[12] | 0 | [3],[6],[7],[11] | |||
Amortized cost | 0 | [8],[9],[12] | 0 | [6],[7],[11] | |||
Investments, at fair value | 0 | [2],[8],[9],[12] | 0 | [3],[6],[7],[11] | |||
Investment, Identifier [Axis]: Equity Investments, ECP Parent, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 290 | |||||
Fair value, ending balance | 290 | [2],[8],[9] | 290 | [3],[6],[7] | |||
Amortized cost | 0 | [8],[9] | 0 | [6],[7] | |||
Investments, at fair value | 290 | [2],[8],[9] | 290 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, GB Vino Parent, L.P., Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 351 | |||||
Fair value, ending balance | 261 | [2],[8],[9] | 351 | [3],[6],[7] | |||
Amortized cost | 351 | [8],[9] | 351 | [6],[7] | |||
Investments, at fair value | 261 | [2],[8],[9] | 351 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Integrity Marketing Group, LLC, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 14,738 | |||||
Fair value, ending balance | 16,086 | [2],[8],[9] | 14,738 | [3],[6],[7] | |||
Amortized cost | 15,993 | [8],[9] | 14,739 | [6],[7] | |||
Investments, at fair value | 16,086 | [2],[8],[9] | 14,738 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 652 | |||||
Fair value, ending balance | 903 | [2],[8],[9] | 652 | [3],[6],[7] | |||
Amortized cost | 306 | [8],[9] | 306 | [6],[7] | |||
Investments, at fair value | 903 | [2],[8],[9] | 652 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Legacy.com, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 1,178 | |||||
Fair value, ending balance | 1,125 | [2],[8],[9] | 1,178 | [3],[6],[7] | |||
Amortized cost | 1,500 | [8],[9] | 1,500 | [6],[7] | |||
Investments, at fair value | 1,125 | [2],[8],[9] | 1,178 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments, Mailgun Technologies, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 1,328 | |||||
Fair value, ending balance | [3],[6],[7] | 1,328 | |||||
Amortized cost | [6],[7] | 0 | |||||
Investments, at fair value | [3],[6],[7] | 1,328 | |||||
Investment, Identifier [Axis]: Equity Investments, NEFCO Holding Comapny LLC - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 615 | |||||
Amortized cost | [8],[9] | 615 | |||||
Investments, at fair value | [2],[8],[9] | 615 | |||||
Investment, Identifier [Axis]: Equity Investments, NearU Holdings LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 2,470 | |||||
Amortized cost | [8],[9] | 2,470 | |||||
Investments, at fair value | [2],[8],[9] | 2,470 | |||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 1,523 | |||||
Amortized cost | [8],[9] | 2,315 | |||||
Investments, at fair value | [2],[8],[9] | 1,523 | |||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC, Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 2,412 | |||||
Fair value, ending balance | [3],[6],[7] | 2,412 | |||||
Amortized cost | [6],[7] | 2,315 | |||||
Investments, at fair value | [3],[6],[7] | 2,412 | |||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 638 | |||||
Amortized cost | [8],[9] | 364 | |||||
Investments, at fair value | [2],[8],[9] | 638 | |||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P, Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 364 | |||||
Fair value, ending balance | [3],[6],[7] | 364 | |||||
Amortized cost | [6],[7] | 364 | |||||
Investments, at fair value | [3],[6],[7] | 364 | |||||
Investment, Identifier [Axis]: Equity Investments, Picard Parent, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 8,189 | |||||
Amortized cost | [8],[9] | 8,189 | |||||
Investments, at fair value | [2],[8],[9] | 8,189 | |||||
Investment, Identifier [Axis]: Equity Investments, Profile Holdings I, LP - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 523 | |||||
Amortized cost | [8],[9] | 523 | |||||
Investments, at fair value | [2],[8],[9] | 523 | |||||
Investment, Identifier [Axis]: Equity Investments, Sinch AB (Sweden) - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9],[10] | 142 | |||||
Amortized cost | [8],[9],[10] | 1,168 | |||||
Investments, at fair value | [2],[8],[9],[10] | 142 | |||||
Investment, Identifier [Axis]: Equity Investments, SolAero Technologies Corp., Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7],[13] | 0 | |||||
Fair value, ending balance | [3],[6],[7],[13] | 0 | |||||
Amortized cost | [6],[7],[13] | 2,815 | |||||
Investments, at fair value | [3],[6],[7],[13] | 0 | |||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp. - Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 1,296 | |||||
Amortized cost | [8],[9] | 1,558 | |||||
Investments, at fair value | [2],[8],[9] | 1,296 | |||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp., Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 1,719 | |||||
Fair value, ending balance | [3],[6],[7] | 1,719 | |||||
Amortized cost | [6],[7] | 1,558 | |||||
Investments, at fair value | [3],[6],[7] | 1,719 | |||||
Investment, Identifier [Axis]: Equity Investments, Talon MidCo 1 Limited - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 1,456 | |||||
Amortized cost | [8],[9] | 1,456 | |||||
Investments, at fair value | [2],[8],[9] | 1,456 | |||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 2,595 | |||||
Amortized cost | [8],[9] | 0 | |||||
Investments, at fair value | [2],[8],[9] | 2,595 | |||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp., Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 1,261 | |||||
Fair value, ending balance | [3],[6],[7] | 1,261 | |||||
Amortized cost | [6],[7] | 482 | |||||
Investments, at fair value | [3],[6],[7] | 1,261 | |||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc. - Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 13,829 | |||||
Amortized cost | [8],[9] | 13,948 | |||||
Investments, at fair value | [2],[8],[9] | 13,829 | |||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc., Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 12,971 | |||||
Fair value, ending balance | [3],[6],[7] | 12,971 | |||||
Amortized cost | [6],[7] | 12,587 | |||||
Investments, at fair value | [3],[6],[7] | 12,971 | |||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc. - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 2,416 | |||||
Amortized cost | [8],[9] | 933 | |||||
Investments, at fair value | [2],[8],[9] | 2,416 | |||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc., Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 2,773 | |||||
Fair value, ending balance | [3],[6],[7] | 2,773 | |||||
Amortized cost | [6],[7] | 933 | |||||
Investments, at fair value | [3],[6],[7] | 2,773 | |||||
Investment, Identifier [Axis]: Equity Investments, USLS Acquisition, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 940 | |||||
Fair value, ending balance | [3],[6],[7] | 940 | |||||
Amortized cost | [6],[7] | 641 | |||||
Investments, at fair value | [3],[6],[7] | 940 | |||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9],[10] | 610 | |||||
Amortized cost | [8],[9],[10] | 518 | |||||
Investments, at fair value | [2],[8],[9],[10] | 610 | |||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9],[10] | 175 | |||||
Amortized cost | [8],[9],[10] | 133 | |||||
Investments, at fair value | [2],[8],[9],[10] | 175 | |||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 648 | |||||
Fair value, ending balance | [3],[6],[7] | 648 | |||||
Amortized cost | [6],[7] | 481 | |||||
Investments, at fair value | [3],[6],[7] | 648 | |||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 209 | |||||
Fair value, ending balance | [3],[6],[7] | 209 | |||||
Amortized cost | [6],[7] | 133 | |||||
Investments, at fair value | [3],[6],[7] | 209 | |||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 733 | |||||
Amortized cost | [8],[9] | 190 | |||||
Investments, at fair value | [2],[8],[9] | 733 | |||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 763 | |||||
Fair value, ending balance | [3],[6],[7] | 763 | |||||
Amortized cost | [6],[7] | 190 | |||||
Investments, at fair value | [3],[6],[7] | 763 | |||||
Investment, Identifier [Axis]: Equity Investments, Zenith American Holding, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[7] | 1,456 | |||||
Fair value, ending balance | 1,068 | [2],[8],[9] | 1,456 | [3],[6],[7] | |||
Amortized cost | 761 | [8],[9] | 782 | [6],[7] | |||
Investments, at fair value | 1,068 | [2],[8],[9] | 1,456 | [3],[6],[7] | |||
Investment, Identifier [Axis]: Equity Investments,U.S. Legal Support Investment Holdings, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[8],[9] | 841 | |||||
Amortized cost | [8],[9] | 641 | |||||
Investments, at fair value | [2],[8],[9] | 841 | |||||
Investment, Identifier [Axis]: First Lien Debt, ADPD Holdings, LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 9,661 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 9,665 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 9,661 | |||||
Investment, Identifier [Axis]: First Lien Debt, Advanced Web Technologies Holding Company - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 9,214 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 9,158 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 9,214 | |||||
Investment, Identifier [Axis]: First Lien Debt, Airnov, Inc. - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 2,029 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 2,015 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 2,029 | |||||
Investment, Identifier [Axis]: First Lien Debt, Allied Universal Holdco LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 433 | |||||
Amortized cost | [5],[9],[16],[18] | 496 | |||||
Investments, at fair value | [2],[9],[16],[18] | 433 | |||||
Investment, Identifier [Axis]: First Lien Debt, Alpine Acquisition Corp II - Transportation: Cargo | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 19,292 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 19,668 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 19,292 | |||||
Investment, Identifier [Axis]: First Lien Debt, American Physician Partners, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 29,757 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 29,855 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 29,757 | |||||
Investment, Identifier [Axis]: First Lien Debt, Analogic Corporation - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 2,395 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 2,443 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 2,395 | |||||
Investment, Identifier [Axis]: First Lien Debt, Applied Technical Services, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 526 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 520 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 526 | |||||
Investment, Identifier [Axis]: First Lien Debt, Appriss Health, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 35,954 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 36,234 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 35,954 | |||||
Investment, Identifier [Axis]: First Lien Debt, Apptio, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 6,131 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 6,064 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 6,131 | |||||
Investment, Identifier [Axis]: First Lien Debt, Ascend Buyer, LLC - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 12,469 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 12,458 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 12,469 | |||||
Investment, Identifier [Axis]: First Lien Debt, Associations, Inc. - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 12,449 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 12,667 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 12,449 | |||||
Investment, Identifier [Axis]: First Lien Debt, Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[14],[16],[18] | 30,319 | |||||
Amortized cost | [5],[9],[10],[14],[16],[18] | 31,704 | |||||
Investments, at fair value | [2],[9],[10],[14],[16],[18] | 30,319 | |||||
Investment, Identifier [Axis]: First Lien Debt, BLUECAT NETWORKS (USA) INC - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 3,087 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 3,089 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 3,087 | |||||
Investment, Identifier [Axis]: First Lien Debt, BMS Holdings III Corp. - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | (137) | |||||
Amortized cost | [5],[9],[15],[16],[18] | (153) | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | (137) | |||||
Investment, Identifier [Axis]: First Lien Debt, Barnes & Noble, Inc. - Retail | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18],[19] | 27,468 | |||||
Amortized cost | [5],[9],[16],[18],[19] | 27,385 | |||||
Investments, at fair value | [2],[9],[16],[18],[19] | 27,468 | |||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[15],[16],[18] | 4,451 | |||||
Amortized cost | [5],[9],[10],[15],[16],[18] | 5,315 | |||||
Investments, at fair value | [2],[9],[10],[15],[16],[18] | 4,451 | |||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[15],[16],[18] | (91) | |||||
Amortized cost | [5],[9],[10],[15],[16],[18] | 0 | |||||
Investments, at fair value | [2],[9],[10],[15],[16],[18] | (91) | |||||
Investment, Identifier [Axis]: First Lien Debt, Chartis Holding, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 684 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 680 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 684 | |||||
Investment, Identifier [Axis]: First Lien Debt, Chemical Computing Group ULC (Canada) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[14],[15],[16],[18] | 455 | |||||
Amortized cost | [5],[9],[10],[14],[15],[16],[18] | 462 | |||||
Investments, at fair value | [2],[9],[10],[14],[15],[16],[18] | 455 | |||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 10,454 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 10,563 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 10,454 | |||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 558 | |||||
Amortized cost | [5],[9],[16],[18] | 501 | |||||
Investments, at fair value | [2],[9],[16],[18] | 558 | |||||
Investment, Identifier [Axis]: First Lien Debt, Comar Holding Company, LLC - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 24,978 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 26,032 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 24,978 | |||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[14],[15],[16],[18] | 10,317 | |||||
Amortized cost | [5],[9],[10],[14],[15],[16],[18] | 10,283 | |||||
Investments, at fair value | [2],[9],[10],[14],[15],[16],[18] | 10,317 | |||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[16],[18] | 1,855 | |||||
Amortized cost | [5],[9],[10],[16],[18] | 1,825 | |||||
Investments, at fair value | [2],[9],[10],[16],[18] | 1,855 | |||||
Investment, Identifier [Axis]: First Lien Debt, DCA Investment Holding LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 13,353 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 13,715 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 13,353 | |||||
Investment, Identifier [Axis]: First Lien Debt, Denali Midco 2, LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17],[18] | 6,843 | |||||
Amortized cost | [5],[9],[15],[16],[17],[18] | 6,845 | |||||
Investments, at fair value | [2],[9],[15],[16],[17],[18] | 6,843 | |||||
Investment, Identifier [Axis]: First Lien Debt, DermaRite Industries, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18],[20] | 13,534 | |||||
Amortized cost | [5],[9],[14],[16],[18],[20] | 20,775 | |||||
Investments, at fair value | [2],[9],[14],[16],[18],[20] | 13,534 | |||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[17],[18] | 26,784 | |||||
Amortized cost | [5],[9],[16],[17],[18] | 26,909 | |||||
Investments, at fair value | [2],[9],[16],[17],[18] | 26,784 | |||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18],[19],[20] | 23,870 | |||||
Amortized cost | [5],[9],[16],[18],[19],[20] | 24,923 | |||||
Investments, at fair value | [2],[9],[16],[18],[19],[20] | 23,870 | |||||
Investment, Identifier [Axis]: First Lien Debt, Diligent Corporation - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 648 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 657 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 648 | |||||
Investment, Identifier [Axis]: First Lien Debt, Dwyer Instruments, Inc. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 3,789 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 3,784 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 3,789 | |||||
Investment, Identifier [Axis]: First Lien Debt, EPS Nass Parent, Inc. - Utilities: Electric | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 888 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 898 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 888 | |||||
Investment, Identifier [Axis]: First Lien Debt, Eliassen Group, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 1,522 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 1,516 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 1,522 | |||||
Investment, Identifier [Axis]: First Lien Debt, Ellkay, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 13,157 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 13,872 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 13,157 | |||||
Investment, Identifier [Axis]: First Lien Debt, Emergency Communications Network, LLC - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 22,474 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 26,162 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 22,474 | |||||
Investment, Identifier [Axis]: First Lien Debt, EvolveIP, LLC - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 5,472 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 5,567 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 5,472 | |||||
Investment, Identifier [Axis]: First Lien Debt, Excel Fitness Holdings, Inc. - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 6,044 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 6,162 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 6,044 | |||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17],[18] | 3,047 | |||||
Amortized cost | [5],[9],[15],[16],[17],[18] | 3,048 | |||||
Investments, at fair value | [2],[9],[15],[16],[17],[18] | 3,047 | |||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 1,225 | |||||
Amortized cost | [5],[9],[16],[18] | 1,283 | |||||
Investments, at fair value | [2],[9],[16],[18] | 1,225 | |||||
Investment, Identifier [Axis]: First Lien Debt, FPG Intermediate Holdco, LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17],[18] | 341 | |||||
Amortized cost | [5],[9],[15],[16],[17],[18] | 343 | |||||
Investments, at fair value | [2],[9],[15],[16],[17],[18] | 341 | |||||
Investment, Identifier [Axis]: First Lien Debt, Frontline Technologies Holdings, LLC - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 3,029 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 3,023 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 3,029 | |||||
Investment, Identifier [Axis]: First Lien Debt, Greenhouse Software, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 31,815 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 32,040 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 31,815 | |||||
Investment, Identifier [Axis]: First Lien Debt, Guidehouse LLP - Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 78 | |||||
Amortized cost | [5],[9],[16],[18] | 78 | |||||
Investments, at fair value | [2],[9],[16],[18] | 78 | |||||
Investment, Identifier [Axis]: First Lien Debt, HS Spa Holdings Inc. - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 8,348 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 8,437 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 8,348 | |||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[16],[18] | 15,800 | |||||
Amortized cost | [5],[9],[10],[16],[18] | 18,934 | |||||
Investments, at fair value | [2],[9],[10],[16],[18] | 15,800 | |||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[15],[16],[18] | 3,530 | |||||
Amortized cost | [5],[9],[10],[15],[16],[18] | 3,773 | |||||
Investments, at fair value | [2],[9],[10],[15],[16],[18] | 3,530 | |||||
Investment, Identifier [Axis]: First Lien Debt, Harbour Benefit Holdings, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 2,990 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 2,984 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 2,990 | |||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 6,691 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 6,802 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 6,691 | |||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 7,146 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 7,140 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 7,146 | |||||
Investment, Identifier [Axis]: First Lien Debt, Hercules Borrower LLC - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 18,064 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 18,121 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 18,064 | |||||
Investment, Identifier [Axis]: First Lien Debt, Higginbotham Insurance Agency, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 433 | |||||
Amortized cost | [5],[9],[16],[18] | 426 | |||||
Investments, at fair value | [2],[9],[16],[18] | 433 | |||||
Investment, Identifier [Axis]: First Lien Debt, Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 10,109 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 10,514 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 10,109 | |||||
Investment, Identifier [Axis]: First Lien Debt, IQN Holding Corp. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 6,733 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 6,708 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 6,733 | |||||
Investment, Identifier [Axis]: First Lien Debt, Individual FoodService Holdings, LLC - Wholesale | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 12,085 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 12,009 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 12,085 | |||||
Investment, Identifier [Axis]: First Lien Debt, Infront Luxembourg Finance S.À R.L. (Luxembourg) - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[16],[18] | 7,924 | |||||
Amortized cost | [5],[9],[10],[16],[18] | 9,795 | |||||
Investments, at fair value | [2],[9],[10],[16],[18] | 7,924 | |||||
Investment, Identifier [Axis]: First Lien Debt, Jeg's Automotive, LLC - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 19,195 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 19,550 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 19,195 | |||||
Investment, Identifier [Axis]: First Lien Debt, K2 Insurance Services, LLC - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 3,322 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 3,288 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 3,322 | |||||
Investment, Identifier [Axis]: First Lien Debt, Kaseya, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 34,594 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 34,704 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 34,594 | |||||
Investment, Identifier [Axis]: First Lien Debt, LVF Holdings, Inc. - Beverage & Food | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 38,542 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 40,861 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 38,542 | |||||
Investment, Identifier [Axis]: First Lien Debt, Lifelong Learner Holdings, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 24,563 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 25,700 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 24,563 | |||||
Investment, Identifier [Axis]: First Lien Debt, LinQuest Corporation - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[14],[16],[18] | 9,219 | |||||
Amortized cost | [5],[14],[16],[18] | 9,729 | |||||
Investments, at fair value | [2],[14],[16],[18] | 9,219 | |||||
Investment, Identifier [Axis]: First Lien Debt, Liqui-Box Holdings, Inc. - Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 1,919 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 2,076 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 1,919 | |||||
Investment, Identifier [Axis]: First Lien Debt, MMIT Holdings, LLC - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 11,005 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 10,851 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 11,005 | |||||
Investment, Identifier [Axis]: First Lien Debt, Material Holdings, LLC - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [17] | 7,667 | |||||
Amortized cost | [17] | 7,957 | |||||
Investments, at fair value | [17] | 7,667 | |||||
Investment, Identifier [Axis]: First Lien Debt, Maverick Acquisition, Inc. - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 31,230 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 35,035 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 31,230 | |||||
Investment, Identifier [Axis]: First Lien Debt, Medical Manufacturing Technologies, LLC - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 22,076 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 22,135 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 22,076 | |||||
Investment, Identifier [Axis]: First Lien Debt, NEFCO Holding Comapny LLC - Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 5,383 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 5,384 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 5,383 | |||||
Investment, Identifier [Axis]: First Lien Debt, NES Global Talent Finance US, LLC (United Kingdom) - Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[16],[18] | 9,592 | |||||
Amortized cost | [5],[9],[10],[16],[18] | 9,587 | |||||
Investments, at fair value | [2],[9],[10],[16],[18] | 9,592 | |||||
Investment, Identifier [Axis]: First Lien Debt, NMI AcquisitionCo, Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 39,040 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 39,956 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 39,040 | |||||
Investment, Identifier [Axis]: First Lien Debt, North Haven Fairway Buyer, LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 20,825 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 20,863 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 20,825 | |||||
Investment, Identifier [Axis]: First Lien Debt, Oak Purchaser, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 5,810 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 5,777 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 5,810 | |||||
Investment, Identifier [Axis]: First Lien Debt, PF Atlantic Holdco 2, LLC - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 1,856 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 1,857 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 1,856 | |||||
Investment, Identifier [Axis]: First Lien Debt, PF Growth Partners, LLC - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[14],[16],[18] | 7,900 | |||||
Amortized cost | [5],[14],[16],[18] | 7,916 | |||||
Investments, at fair value | [2],[14],[16],[18] | 7,900 | |||||
Investment, Identifier [Axis]: First Lien Debt, PXO Holdings I Corp. - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 16,494 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 16,756 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 16,494 | |||||
Investment, Identifier [Axis]: First Lien Debt, Performance Health Holdings, Inc. - Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[14],[16],[18] | 6,377 | |||||
Amortized cost | [5],[14],[16],[18] | 6,337 | |||||
Investments, at fair value | [2],[14],[16],[18] | 6,377 | |||||
Investment, Identifier [Axis]: First Lien Debt, Project CastFirst Lien Debt, PPT Management Holdings, LLC - Healthcare & Pharmaceuticalsle, Inc. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 22,762 | |||||
Amortized cost | [5],[9],[16],[18] | 28,656 | |||||
Investments, at fair value | [2],[9],[16],[18] | 22,762 | |||||
Investment, Identifier [Axis]: First Lien Debt, Project Castle, Inc. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 6,319 | |||||
Amortized cost | [5],[9],[16],[18] | 6,739 | |||||
Investments, at fair value | [2],[9],[16],[18] | 6,319 | |||||
Investment, Identifier [Axis]: First Lien Debt, Prophix Software Inc. (Canada) - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[15],[16],[18] | 11,014 | |||||
Amortized cost | [5],[9],[10],[15],[16],[18] | 10,760 | |||||
Investments, at fair value | [2],[9],[10],[15],[16],[18] | 11,014 | |||||
Investment, Identifier [Axis]: First Lien Debt, QW Holding Corporation - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 31,785 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 32,313 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 31,785 | |||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 14,481 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 14,815 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 14,481 | |||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 9,413 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 9,664 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 9,413 | |||||
Investment, Identifier [Axis]: First Lien Debt, RSC Acquisition, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17],[18] | 10,376 | |||||
Amortized cost | [5],[9],[15],[16],[17],[18] | 10,772 | |||||
Investments, at fair value | [2],[9],[15],[16],[17],[18] | 10,376 | |||||
Investment, Identifier [Axis]: First Lien Debt, Regency Entertainment, Inc. - Media: Diversified & Production | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 19,746 | |||||
Amortized cost | [5],[9],[16],[18] | 19,747 | |||||
Investments, at fair value | [2],[9],[16],[18] | 19,746 | |||||
Investment, Identifier [Axis]: First Lien Debt, Riveron Acquisition Holdings, Inc. - Diversified Financial Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[14],[16],[18] | 1,680 | |||||
Amortized cost | [5],[14],[16],[18] | 1,650 | |||||
Investments, at fair value | [2],[14],[16],[18] | 1,680 | |||||
Investment, Identifier [Axis]: First Lien Debt, SPay, Inc. - Leisure Products & Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 21,683 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 24,117 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 21,683 | |||||
Investment, Identifier [Axis]: First Lien Debt, Sapphire Convention, Inc. - Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 26,729 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 28,160 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 26,729 | |||||
Investment, Identifier [Axis]: First Lien Debt, Smarsh Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 6,109 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 6,372 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 6,109 | |||||
Investment, Identifier [Axis]: First Lien Debt, Speedstar Holding, LLC - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[16],[18] | 26,697 | |||||
Amortized cost | [5],[9],[14],[16],[18] | 26,353 | |||||
Investments, at fair value | [2],[9],[14],[16],[18] | 26,697 | |||||
Investment, Identifier [Axis]: First Lien Debt, Spotless Brands, LLC - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 30,465 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 30,793 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 30,465 | |||||
Investment, Identifier [Axis]: First Lien Debt, TCFI Aevex LLC - Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 8,894 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 10,918 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 8,894 | |||||
Investment, Identifier [Axis]: First Lien Debt, TIBCO Software Inc. - High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 13,441 | |||||
Amortized cost | [5],[9],[16],[18] | 13,650 | |||||
Investments, at fair value | [2],[9],[16],[18] | 13,441 | |||||
Investment, Identifier [Axis]: First Lien Debt, Tank Holding Corp. - Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 36,576 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 37,100 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 36,576 | |||||
Investment, Identifier [Axis]: First Lien Debt, The Carlstar Group LLC - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 14,267 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 14,252 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 14,267 | |||||
Investment, Identifier [Axis]: First Lien Debt, Trafigura Trading LLC - Metals & Mining | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17],[18],[21] | 6,796 | |||||
Amortized cost | [5],[9],[15],[16],[17],[18],[21] | 6,765 | |||||
Investments, at fair value | [2],[9],[15],[16],[17],[18],[21] | 6,796 | |||||
Investment, Identifier [Axis]: First Lien Debt, Tufin Software North America, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[17] | 26,282 | |||||
Amortized cost | [5],[9],[15],[16],[17] | 26,297 | |||||
Investments, at fair value | [2],[9],[15],[16],[17] | 26,282 | |||||
Investment, Identifier [Axis]: First Lien Debt, Turbo Buyer, Inc. - Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | (117) | |||||
Amortized cost | [5],[9],[15],[16],[18] | (93) | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | (117) | |||||
Investment, Identifier [Axis]: First Lien Debt, U.S. Legal Support, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[17],[18] | 15,244 | |||||
Amortized cost | [5],[9],[14],[15],[16],[17],[18] | 15,385 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[17],[18] | 15,244 | |||||
Investment, Identifier [Axis]: First Lien Debt, US INFRA SVCS Buyer, LLC - Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 8,622 | |||||
Amortized cost | [5],[9],[16],[18] | 8,965 | |||||
Investments, at fair value | [2],[9],[16],[18] | 8,622 | |||||
Investment, Identifier [Axis]: First Lien Debt, USALCO, LLC - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[14],[16],[18] | 954 | |||||
Amortized cost | [5],[14],[16],[18] | 975 | |||||
Investments, at fair value | [2],[14],[16],[18] | 954 | |||||
Investment, Identifier [Axis]: First Lien Debt, USR Parent Inc. - Retail | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 4,148 | |||||
Amortized cost | [5],[9],[16],[18] | 4,293 | |||||
Investments, at fair value | [2],[9],[16],[18] | 4,148 | |||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10] | 4,517 | |||||
Amortized cost | [5],[9],[10] | 4,988 | |||||
Investments, at fair value | [2],[9],[10] | 4,517 | |||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10] | 835 | |||||
Amortized cost | [5],[9],[10] | 928 | |||||
Investments, at fair value | [2],[9],[10] | 835 | |||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [17] | 21,116 | |||||
Amortized cost | [17] | 21,429 | |||||
Investments, at fair value | [17] | 21,116 | |||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [17] | 4,870 | |||||
Amortized cost | [17] | 4,888 | |||||
Investments, at fair value | [17] | 4,870 | |||||
Investment, Identifier [Axis]: First Lien Debt, Wineshipping.com LLC - Beverage & Food2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[14],[15],[16],[18] | 4,215 | |||||
Amortized cost | [5],[9],[14],[15],[16],[18] | 4,464 | |||||
Investments, at fair value | [2],[9],[14],[15],[16],[18] | 4,215 | |||||
Investment, Identifier [Axis]: First Lien Debt, World 50, Inc. - Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[22] | 17,723 | |||||
Amortized cost | [5],[9],[22] | 18,254 | |||||
Investments, at fair value | [2],[9],[22] | 17,723 | |||||
Investment, Identifier [Axis]: First Lien Debt, YLG Holdings, Inc. - Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 1,961 | |||||
Amortized cost | [5],[9],[16],[18] | 1,921 | |||||
Investments, at fair value | [2],[9],[16],[18] | 1,961 | |||||
Investment, Identifier [Axis]: First Lien Debt, Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 427 | |||||
Amortized cost | [5],[9],[16],[18] | 438 | |||||
Investments, at fair value | [2],[9],[16],[18] | 427 | |||||
Investment, Identifier [Axis]: First Lien Debt, iCIMS, Inc. - Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[15],[16],[18] | 24,932 | |||||
Amortized cost | [5],[9],[15],[16],[18] | 25,058 | |||||
Investments, at fair value | [2],[9],[15],[16],[18] | 24,932 | |||||
Investment, Identifier [Axis]: First Lien, Advanced Web Technologies Holding Company, Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 7,297 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 7,297 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 6,970 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 7,297 | |||||
Investment, Identifier [Axis]: First Lien, Airnov, Inc., Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 1,862 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 1,862 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 1,833 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 1,862 | |||||
Investment, Identifier [Axis]: First Lien, Allied Universal Holdco LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 498 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 498 | |||||
Amortized cost | [4],[6],[25],[26] | 500 | |||||
Investments, at fair value | [3],[6],[25],[26] | 498 | |||||
Investment, Identifier [Axis]: First Lien, American Physician Partners, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 27,908 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 27,908 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 27,886 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 27,908 | |||||
Investment, Identifier [Axis]: First Lien, Analogic Corporation, Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 2,408 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 2,408 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 2,412 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 2,408 | |||||
Investment, Identifier [Axis]: First Lien, Applied Technical Services, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 536 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 536 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 525 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 536 | |||||
Investment, Identifier [Axis]: First Lien, Appriss Health, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 43,295 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 43,295 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 42,406 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 43,295 | |||||
Investment, Identifier [Axis]: First Lien, Apptio, Inc., Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 6,130 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 6,130 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 6,044 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 6,130 | |||||
Investment, Identifier [Axis]: First Lien, Ascend Buyer, LLC, Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 12,618 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 12,618 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 12,569 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 12,618 | |||||
Investment, Identifier [Axis]: First Lien, Associations, Inc., Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 11,599 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 11,599 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 11,457 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 11,599 | |||||
Investment, Identifier [Axis]: First Lien, Aurora Lux FinCo S.Á.R.L. (Luxembourg), Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[24],[25],[26] | 29,269 | |||||
Fair value, ending balance | [1],[3],[6],[24],[25],[26] | 29,269 | |||||
Amortized cost | [1],[4],[6],[24],[25],[26] | 31,870 | |||||
Investments, at fair value | [1],[3],[6],[24],[25],[26] | 29,269 | |||||
Investment, Identifier [Axis]: First Lien, Avenu Holdings, LLC, Sovereign & Public Finance | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 13,545 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 13,545 | |||||
Amortized cost | [4],[24],[25],[26] | 13,451 | |||||
Investments, at fair value | [3],[24],[25],[26] | 13,545 | |||||
Investment, Identifier [Axis]: First Lien, BMS Holdings III Corp., Construction & Building | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | (149) | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | (149) | |||||
Amortized cost | [4],[6],[23],[25],[26] | (180) | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | (149) | |||||
Investment, Identifier [Axis]: First Lien, Barnes & Noble, Inc., Retail | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26],[27] | 28,146 | |||||
Fair value, ending balance | [3],[6],[25],[26],[27] | 28,146 | |||||
Amortized cost | [4],[6],[25],[26],[27] | 27,926 | |||||
Investments, at fair value | [3],[6],[25],[26],[27] | 28,146 | |||||
Investment, Identifier [Axis]: First Lien, BlueCat Networks, Inc. (Canada), High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[24],[25],[26] | 11,583 | |||||
Fair value, ending balance | [1],[3],[24],[25],[26] | 11,583 | |||||
Amortized cost | [1],[4],[24],[25],[26] | 11,270 | |||||
Investments, at fair value | [1],[3],[24],[25],[26] | 11,583 | |||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[25],[26] | 5,167 | |||||
Fair value, ending balance | [1],[3],[6],[23],[25],[26] | 5,167 | |||||
Amortized cost | [1],[4],[6],[23],[25],[26] | 5,312 | |||||
Investments, at fair value | [1],[3],[6],[23],[25],[26] | 5,167 | |||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[25],[26] | (9) | |||||
Fair value, ending balance | [1],[3],[6],[23],[25],[26] | (9) | |||||
Amortized cost | [1],[4],[6],[23],[25],[26] | (9) | |||||
Investments, at fair value | [1],[3],[6],[23],[25],[26] | (9) | |||||
Investment, Identifier [Axis]: First Lien, Captive Resources Midco, LLC, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 10,152 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 10,152 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 10,104 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 10,152 | |||||
Investment, Identifier [Axis]: First Lien, Chartis Holding, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 694 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 694 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 686 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 694 | |||||
Investment, Identifier [Axis]: First Lien, Chemical Computing Group ULC (Canada), Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[24],[25],[26] | 464 | |||||
Fair value, ending balance | [1],[3],[6],[23],[24],[25],[26] | 464 | |||||
Amortized cost | [1],[4],[6],[23],[24],[25],[26] | 465 | |||||
Investments, at fair value | [1],[3],[6],[23],[24],[25],[26] | 464 | |||||
Investment, Identifier [Axis]: First Lien, Chudy Group, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 841 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 841 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 812 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 841 | |||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 9,415 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 9,415 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 10,523 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 9,415 | |||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 697 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 697 | |||||
Amortized cost | [4],[6],[25],[26] | 640 | |||||
Investments, at fair value | [3],[6],[25],[26] | 697 | |||||
Investment, Identifier [Axis]: First Lien, Cobblestone Intermediate Holdco LLC, Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 712 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 712 | |||||
Amortized cost | [4],[6],[25],[26] | 718 | |||||
Investments, at fair value | [3],[6],[25],[26] | 712 | |||||
Investment, Identifier [Axis]: First Lien, Comar Holding Company, LLC, Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 25,855 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 25,855 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 26,152 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 25,855 | |||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[24],[25],[26] | 10,510 | |||||
Fair value, ending balance | [1],[3],[6],[23],[24],[25],[26] | 10,510 | |||||
Amortized cost | [1],[4],[6],[23],[24],[25],[26] | 10,334 | |||||
Investments, at fair value | [1],[3],[6],[23],[24],[25],[26] | 10,510 | |||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 1,900 | |||||
Fair value, ending balance | [1],[3],[6],[25],[26] | 1,900 | |||||
Amortized cost | [1],[4],[6],[25],[26] | 1,833 | |||||
Investments, at fair value | [1],[3],[6],[25],[26] | 1,900 | |||||
Investment, Identifier [Axis]: First Lien, DCA Investment Holding, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 10,777 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 10,777 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 10,680 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 10,777 | |||||
Investment, Identifier [Axis]: First Lien, DTI Holdco, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 1,907 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 1,907 | |||||
Amortized cost | [4],[6],[25],[26] | 1,883 | |||||
Investments, at fair value | [3],[6],[25],[26] | 1,907 | |||||
Investment, Identifier [Axis]: First Lien, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26],[28] | 37,471 | |||||
Fair value, ending balance | [3],[6],[25],[26],[28] | 37,471 | |||||
Amortized cost | [4],[6],[25],[26],[28] | 50,996 | |||||
Investments, at fair value | [3],[6],[25],[26],[28] | 37,471 | |||||
Investment, Identifier [Axis]: First Lien, DermaRite Industries, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 15,961 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 15,961 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 19,546 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 15,961 | |||||
Investment, Identifier [Axis]: First Lien, Designer Brands Inc., Retail | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 16,846 | |||||
Fair value, ending balance | [1],[3],[6],[25],[26] | 16,846 | |||||
Amortized cost | [1],[4],[6],[25],[26] | 16,718 | |||||
Investments, at fair value | [1],[3],[6],[25],[26] | 16,846 | |||||
Investment, Identifier [Axis]: First Lien, Diligent Corporation, Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 615 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 615 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 588 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 615 | |||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[11],[24],[25],[26],[28] | 27,555 | |||||
Fair value, ending balance | 39,132 | [2],[9],[12],[14],[16],[18] | 27,555 | [3],[6],[11],[24],[25],[26],[28] | |||
Amortized cost | 41,874 | [5],[9],[12],[14],[16],[18] | 35,859 | [4],[6],[11],[24],[25],[26],[28] | |||
Investments, at fair value | 39,132 | [2],[9],[12],[14],[16],[18] | 27,555 | [3],[6],[11],[24],[25],[26],[28] | |||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[11],[23],[25],[26] | 2,731 | |||||
Fair value, ending balance | 2,731 | [2],[9],[12],[15],[16],[18] | 2,731 | [3],[6],[11],[23],[25],[26] | |||
Amortized cost | 2,603 | [5],[9],[12],[15],[16],[18] | 2,603 | [4],[6],[11],[23],[25],[26] | |||
Investments, at fair value | 2,731 | [2],[9],[12],[15],[16],[18] | 2,731 | [3],[6],[11],[23],[25],[26] | |||
Investment, Identifier [Axis]: First Lien, Dwyer Instruments, Inc, Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 2,452 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 2,452 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 2,383 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 2,452 | |||||
Investment, Identifier [Axis]: First Lien, EPS Nass Parent, Inc., Utilities: Electric | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 878 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 878 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 869 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 878 | |||||
Investment, Identifier [Axis]: First Lien, Ellkay, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 13,923 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 13,923 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 13,943 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 13,923 | |||||
Investment, Identifier [Axis]: First Lien, Emergency Communications Network, LLC, Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 21,814 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 21,814 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 25,201 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 21,814 | |||||
Investment, Identifier [Axis]: First Lien, Ethos Veterinary Health LLC, Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 2,586 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 2,586 | |||||
Amortized cost | [4],[6],[25],[26] | 2,569 | |||||
Investments, at fair value | [3],[6],[25],[26] | 2,586 | |||||
Investment, Identifier [Axis]: First Lien, EvolveIP, LLC, Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 5,436 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 5,436 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 5,461 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 5,436 | |||||
Investment, Identifier [Axis]: First Lien, Frontline Technologies Holdings, LLC, Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 3,068 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 3,068 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 3,056 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 3,068 | |||||
Investment, Identifier [Axis]: First Lien, Greenhouse Software, Inc., Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 14,870 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 14,870 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 14,858 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 14,870 | |||||
Investment, Identifier [Axis]: First Lien, Harbour Benefit Holdings, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 9,336 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 9,336 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 9,377 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 9,336 | |||||
Investment, Identifier [Axis]: First Lien, Heartland Home Services, Inc, Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 7,371 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 7,371 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 7,169 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 7,371 | |||||
Investment, Identifier [Axis]: First Lien, Hercules Borrower LLC, Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 18,865 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 18,865 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 17,987 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 18,865 | |||||
Investment, Identifier [Axis]: First Lien, Higginbotham Insurance Agency, Inc, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 4,978 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 4,978 | |||||
Amortized cost | [4],[6],[25],[26] | 4,916 | |||||
Investments, at fair value | [3],[6],[25],[26] | 4,978 | |||||
Investment, Identifier [Axis]: First Lien, Hoosier Intermediate, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 16,101 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 16,101 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 16,108 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 16,101 | |||||
Investment, Identifier [Axis]: First Lien, IQN First Lien Debt, Integrity Marketing Acquisition, LLC - Diversified Financial ServicesCorp.^, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 409 | |||||
Amortized cost | [5],[9],[16],[18] | 425 | |||||
Investments, at fair value | [2],[9],[16],[18] | 409 | |||||
Investment, Identifier [Axis]: First Lien, Individual FoodService Holdings, LLC, Wholesale | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 8,143 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 8,143 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 7,958 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 8,143 | |||||
Investment, Identifier [Axis]: First Lien, Infront Luxembourg Finance S.À R.L. (Luxembourg), Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 9,134 | |||||
Fair value, ending balance | [1],[3],[6],[25],[26] | 9,134 | |||||
Amortized cost | [1],[4],[6],[25],[26] | 9,777 | |||||
Investments, at fair value | [1],[3],[6],[25],[26] | 9,134 | |||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 4,896 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 4,896 | |||||
Amortized cost | [4],[24],[25],[26] | 4,864 | |||||
Investments, at fair value | [3],[24],[25],[26] | 4,896 | |||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | (51) | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | (51) | |||||
Amortized cost | [4],[6],[23],[25],[26] | (75) | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | (51) | |||||
Investment, Identifier [Axis]: First Lien, Jeg's Automotive, LLC, Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 29,200 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 29,200 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 29,203 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 29,200 | |||||
Investment, Identifier [Axis]: First Lien, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 3,357 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 3,357 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 3,305 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 3,357 | |||||
Investment, Identifier [Axis]: First Lien, Kaseya, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 18,848 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 18,848 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 18,716 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 18,848 | |||||
Investment, Identifier [Axis]: First Lien, LVF Holdings, Inc., Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 40,056 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 40,056 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 40,356 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 40,056 | |||||
Investment, Identifier [Axis]: First Lien, Lifelong Learner Holdings, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 24,035 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 24,035 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 25,830 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 24,035 | |||||
Investment, Identifier [Axis]: First Lien, LinQuest Corporation, Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 9,816 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 9,816 | |||||
Amortized cost | [4],[24],[25],[26] | 9,785 | |||||
Investments, at fair value | [3],[24],[25],[26] | 9,816 | |||||
Investment, Identifier [Axis]: First Lien, Liqui-Box Holdings, Inc., Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 1,229 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 1,229 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 1,475 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 1,229 | |||||
Investment, Identifier [Axis]: First Lien, MMIT Holdings, LLC, High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 10,853 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 10,853 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 10,858 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 10,853 | |||||
Investment, Identifier [Axis]: First Lien, Material Holdings, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 6,800 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 6,800 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 6,741 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 6,800 | |||||
Investment, Identifier [Axis]: First Lien, Maverick Acquisition, Inc., Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 35,061 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 35,061 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 35,192 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 35,061 | |||||
Investment, Identifier [Axis]: First Lien, Medical Manufacturing Technologies, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 20,652 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 20,652 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 20,654 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 20,652 | |||||
Investment, Identifier [Axis]: First Lien, NES Global Talent Finance US, LLC (United Kingdom), Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 9,424 | |||||
Fair value, ending balance | [1],[3],[6],[25],[26] | 9,424 | |||||
Amortized cost | [1],[4],[6],[25],[26] | 9,634 | |||||
Investments, at fair value | [1],[3],[6],[25],[26] | 9,424 | |||||
Investment, Identifier [Axis]: First Lien, NMI AcquisitionCo, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 39,822 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 39,822 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 40,206 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 39,822 | |||||
Investment, Identifier [Axis]: First Lien, National Technical Systems, Inc, Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 1,167 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 1,167 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 1,151 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 1,167 | |||||
Investment, Identifier [Axis]: First Lien, PF Atlantic Holdco 2, LLC, Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 26,923 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 26,923 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 26,941 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 26,923 | |||||
Investment, Identifier [Axis]: First Lien, PF Growth Partners, LLC, Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 7,922 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 7,922 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 7,962 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 7,922 | |||||
Investment, Identifier [Axis]: First Lien, PPT Management Holdings, LLC, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 24,166 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 24,166 | |||||
Amortized cost | [4],[6],[25],[26] | 28,326 | |||||
Investments, at fair value | [3],[6],[25],[26] | 24,166 | |||||
Investment, Identifier [Axis]: First Lien, Performance Health Holdings, Inc, Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 7,083 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 7,083 | |||||
Amortized cost | [4],[24],[25],[26] | 7,048 | |||||
Investments, at fair value | [3],[24],[25],[26] | 7,083 | |||||
Investment, Identifier [Axis]: First Lien, Product Quest Manufacturing, LLC, Containers, Packaging & Glass | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26],[28] | 840 | |||||
Fair value, ending balance | [3],[6],[25],[26],[28] | 840 | |||||
Amortized cost | [4],[6],[25],[26],[28] | 840 | |||||
Investments, at fair value | [3],[6],[25],[26],[28] | 840 | |||||
Investment, Identifier [Axis]: First Lien, Prophix Software Inc. (Canada), Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[25],[26] | 11,093 | |||||
Fair value, ending balance | [1],[3],[6],[23],[25],[26] | 11,093 | |||||
Amortized cost | [1],[4],[6],[23],[25],[26] | 10,735 | |||||
Investments, at fair value | [1],[3],[6],[23],[25],[26] | 11,093 | |||||
Investment, Identifier [Axis]: First Lien, QW Holding Corporation, Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 41,933 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 41,933 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 42,530 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 41,933 | |||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 14,418 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 14,418 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 14,333 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 14,418 | |||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 8,727 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 8,727 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 8,662 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 8,727 | |||||
Investment, Identifier [Axis]: First Lien, RSC Acquisition, Inc., Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 8,577 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 8,577 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 8,395 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 8,577 | |||||
Investment, Identifier [Axis]: First Lien, Redwood Services Group, LLC, High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 30,884 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 30,884 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 30,562 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 30,884 | |||||
Investment, Identifier [Axis]: First Lien, Regency Entertainment, Inc., Media: Diversified & Production | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 19,666 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 19,666 | |||||
Amortized cost | [4],[6],[25],[26] | 19,700 | |||||
Investments, at fair value | [3],[6],[25],[26] | 19,666 | |||||
Investment, Identifier [Axis]: First Lien, Riveron Acquisition Holdings, Inc, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 11,401 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 11,401 | |||||
Amortized cost | [4],[24],[25],[26] | 11,262 | |||||
Investments, at fair value | [3],[24],[25],[26] | 11,401 | |||||
Investment, Identifier [Axis]: First Lien, SPay, Inc., Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 20,218 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 20,218 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 22,809 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 20,218 | |||||
Investment, Identifier [Axis]: First Lien, Sapphire Convention, Inc., Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 25,528 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 25,528 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 29,530 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 25,528 | |||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A1 Term Loan), Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[13],[25],[26],[28] | 2,850 | |||||
Fair value, ending balance | [3],[6],[13],[25],[26],[28] | 2,850 | |||||
Amortized cost | [4],[6],[13],[25],[26],[28] | 3,166 | |||||
Investments, at fair value | [3],[6],[13],[25],[26],[28] | 2,850 | |||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A2 Term Loan), Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[13],[25],[26],[28] | 7,835 | |||||
Fair value, ending balance | [3],[6],[13],[25],[26],[28] | 7,835 | |||||
Amortized cost | [4],[6],[13],[25],[26],[28] | 8,707 | |||||
Investments, at fair value | [3],[6],[13],[25],[26],[28] | 7,835 | |||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (Priority Facilities), Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[13],[23],[25],[26] | 2,251 | |||||
Fair value, ending balance | [3],[6],[13],[23],[25],[26] | 2,251 | |||||
Amortized cost | [4],[6],[13],[23],[25],[26] | 2,240 | |||||
Investments, at fair value | [3],[6],[13],[23],[25],[26] | 2,251 | |||||
Investment, Identifier [Axis]: First Lien, Speedstar Holding, LLC, Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 27,535 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 27,535 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 26,686 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 27,535 | |||||
Investment, Identifier [Axis]: First Lien, Superior Health Linens, LLC, Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 16,211 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 16,211 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 16,205 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 16,211 | |||||
Investment, Identifier [Axis]: First Lien, TCFI Aevex LLC, Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 9,276 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 9,276 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 10,979 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 9,276 | |||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan B, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 28,830 | |||||
Fair value, ending balance | [1],[3],[6],[25],[26] | 28,830 | |||||
Amortized cost | [1],[4],[6],[25],[26] | 26,328 | |||||
Investments, at fair value | [1],[3],[6],[25],[26] | 28,830 | |||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan C, Banking, Finance, Insurance & Real Estate | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[23],[25],[26] | 9,847 | |||||
Fair value, ending balance | [1],[3],[6],[23],[25],[26] | 9,847 | |||||
Amortized cost | [1],[4],[6],[23],[25],[26] | 7,855 | |||||
Investments, at fair value | [1],[3],[6],[23],[25],[26] | 9,847 | |||||
Investment, Identifier [Axis]: First Lien, Trafigura Trading LLC, Metals & Mining | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26],[29] | 2,086 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26],[29] | 2,086 | |||||
Amortized cost | [4],[6],[23],[25],[26],[29] | 2,237 | |||||
Investments, at fair value | [3],[6],[23],[25],[26],[29] | 2,086 | |||||
Investment, Identifier [Axis]: First Lien, Turbo Buyer, Inc., Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 19,945 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 19,945 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 20,002 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 19,945 | |||||
Investment, Identifier [Axis]: First Lien, US INFRA SVCS Buyer, LLC, Environmental Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 8,387 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 8,387 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 8,677 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 8,387 | |||||
Investment, Identifier [Axis]: First Lien, USALCO, LLC, Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[24],[25],[26] | 981 | |||||
Fair value, ending balance | [3],[24],[25],[26] | 981 | |||||
Amortized cost | [4],[24],[25],[26] | 981 | |||||
Investments, at fair value | [3],[24],[25],[26] | 981 | |||||
Investment, Identifier [Axis]: First Lien, USLS Acquisition, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 15,098 | |||||
Fair value, ending balance | [3],[6],[23],[25],[26] | 15,098 | |||||
Amortized cost | [4],[6],[23],[25],[26] | 15,101 | |||||
Investments, at fair value | [3],[6],[23],[25],[26] | 15,098 | |||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6] | 5,353 | |||||
Fair value, ending balance | [1],[3],[6] | 5,353 | |||||
Amortized cost | [1],[4],[6] | 4,917 | |||||
Investments, at fair value | [1],[3],[6] | 5,353 | |||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6] | 887 | |||||
Fair value, ending balance | [1],[3],[6] | 887 | |||||
Amortized cost | [1],[4],[6] | 858 | |||||
Investments, at fair value | [1],[3],[6] | 887 | |||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 21,277 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 21,277 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 21,313 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 21,277 | |||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 4,929 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 4,929 | |||||
Amortized cost | [4],[6],[25],[26] | 4,865 | |||||
Investments, at fair value | [3],[6],[25],[26] | 4,929 | |||||
Investment, Identifier [Axis]: First Lien, Wineshipping.com LLC, Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[24],[25],[26] | 14,111 | |||||
Fair value, ending balance | [3],[6],[23],[24],[25],[26] | 14,111 | |||||
Amortized cost | [4],[6],[23],[24],[25],[26] | 14,111 | |||||
Investments, at fair value | [3],[6],[23],[24],[25],[26] | 14,111 | |||||
Investment, Identifier [Axis]: First Lien, YLG Holdings, Inc., Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 1,980 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 1,980 | |||||
Amortized cost | [4],[6],[25],[26] | 1,930 | |||||
Investments, at fair value | [3],[6],[25],[26] | 1,980 | |||||
Investment, Identifier [Axis]: First Lien, Yellowstone Buyer Acquisition, LLC, Consumer Goods: Durable | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 440 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 440 | |||||
Amortized cost | [4],[6],[25],[26] | 440 | |||||
Investments, at fair value | [3],[6],[25],[26] | 440 | |||||
Investment, Identifier [Axis]: First Lien, iCIMS, Inc., Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | $ 1,670 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 1,670 | |||||
Amortized cost | [4],[6],[25],[26] | 1,652 | |||||
Investments, at fair value | [3],[6],[25],[26] | $ 1,670 | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 1,083 | ||||||
Unfunded commitments, fair value | $ (22) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 299 | ||||||
Unfunded commitments, fair value | $ (6) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw 3 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 1,951 | ||||||
Unfunded commitments, fair value | $ (39) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 621 | ||||||
Unfunded commitments, fair value | $ (12) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 1,602 | ||||||
Unfunded commitments, fair value | $ (17) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 854 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 2,723 | ||||||
Unfunded commitments, fair value | $ 27 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 1,051 | ||||||
Unfunded commitments, fair value | $ 11 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 906 | ||||||
Unfunded commitments, fair value | $ 9 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Airnov, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 688 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Airnov, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 875 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Alpine Acquisition Corp II - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,034 | ||||||
Unfunded commitments, fair value | $ (37) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, American Physician Partners, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 550 | ||||||
Unfunded commitments, fair value | $ (2) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, American Physician Partners, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 550 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Analogic Corporation - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 29 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Analogic Corporation, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 72 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Applied Technical Services, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 42 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Applied Technical Services, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 40 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Appriss Health, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,963 | ||||||
Unfunded commitments, fair value | $ (69) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Appriss Health, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,963 | ||||||
Unfunded commitments, fair value | $ 3 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Apptio, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,420 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Apptio, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,420 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Ascend Buyer, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,113 | ||||||
Unfunded commitments, fair value | $ (19) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Ascend Buyer, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,070 | ||||||
Unfunded commitments, fair value | $ (17) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Associations, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 723 | ||||||
Unfunded commitments, fair value | $ (17) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Associations, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 723 | ||||||
Unfunded commitments, fair value | $ 2 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, BMS Holdings III Corp. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 2.65% | ||||||
Unfunded commitments, principal amount | $ 9,688 | ||||||
Unfunded commitments, fair value | $ (137) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, BMS Holdings III Corp., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 9,688 | ||||||
Unfunded commitments, fair value | $ (149) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Blackbird Purchaser, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 4,597 | ||||||
Unfunded commitments, fair value | $ (171) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Blackbird Purchaser, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 4,597 | ||||||
Unfunded commitments, fair value | $ (92) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, BlueCat Networks (USA) Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 240 | ||||||
Unfunded commitments, fair value | $ (5) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, BlueCat Networks (USA) Inc. - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 446 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy) - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 2.80% | ||||||
Unfunded commitments, principal amount | $ 855 | ||||||
Unfunded commitments, fair value | $ (4) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy) - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 526 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy), Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 2.80% | 2.80% | |||||
Unfunded commitments, principal amount | £ | £ 873 | ||||||
Unfunded commitments, fair value | $ (30) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy), Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | 0% | |||||
Unfunded commitments, principal amount | £ | £ 537 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Captive Resources Midco, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,143 | ||||||
Unfunded commitments, fair value | $ (12) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chartis Holding, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 217 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chartis Holding, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 217 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chemical Computing Group ULC (Canada) - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 29 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chemical Computing Group ULC (Canada), Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 29 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chudy Group, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 138 | ||||||
Unfunded commitments, fair value | $ 2 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Chudy Group, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 34 | ||||||
Unfunded commitments, fair value | $ 1 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Comar Holding Company, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 2,935 | $ 2,935 | |||||
Unfunded commitments, fair value | $ (127) | $ (59) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, Cority Software Inc. (Canada), Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 3,000 | $ 3,000 | |||||
Unfunded commitments, fair value | $ (26) | $ (1) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, DCA Investment Holding LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 618 | $ 1,495 | |||||
Unfunded commitments, fair value | $ (22) | $ (8) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, Denali Midco 2, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 2,857 | ||||||
Unfunded commitments, fair value | $ (86) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, DermaRite Industries, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 579 | ||||||
Unfunded commitments, fair value | $ (103) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 23 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 110 | ||||||
Unfunded commitments, fair value | $ 2 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 47 | ||||||
Unfunded commitments, fair value | $ 1 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Direct Travel, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,657 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Direct Travel, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,657 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 1,003 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 411 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 161 | ||||||
Unfunded commitments, fair value | $ (2) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 994 | ||||||
Unfunded commitments, fair value | $ (14) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 37 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 85 | ||||||
Unfunded commitments, fair value | $ (1) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 40 | $ 25 | |||||
Unfunded commitments, fair value | $ (1) | $ 0 | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, Eliassen Group, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 3,310 | ||||||
Unfunded commitments, fair value | $ (42) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Ellkay, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,786 | ||||||
Unfunded commitments, fair value | $ (110) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Ellkay, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,786 | ||||||
Unfunded commitments, fair value | $ (36) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, EvolveIP, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 655 | ||||||
Unfunded commitments, fair value | $ (10) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, EvolveIP, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 798 | ||||||
Unfunded commitments, fair value | $ (4) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Excel Fitness Holdings, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 828 | ||||||
Unfunded commitments, fair value | $ (29) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Excelitas Technologies Corp. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 152 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Excelitas Technologies Corp. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 217 | ||||||
Unfunded commitments, fair value | $ (4) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, FPG Intermediate Holdco, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 3,973 | ||||||
Unfunded commitments, fair value | $ (79) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,471 | ||||||
Unfunded commitments, fair value | $ (41) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc. - Revolver 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 733 | ||||||
Unfunded commitments, fair value | $ (21) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,471 | ||||||
Unfunded commitments, fair value | $ (29) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, HS Spa Holdings Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,235 | ||||||
Unfunded commitments, fair value | $ (35) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 2.33% | ||||||
Unfunded commitments, principal amount | $ 2,589 | ||||||
Unfunded commitments, fair value | $ (57) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Harbour Benefit Holdings, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 3,180 | ||||||
Unfunded commitments, fair value | $ (11) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Harbour Benefit Holdings, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,120 | ||||||
Unfunded commitments, fair value | $ (21) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.75% | ||||||
Unfunded commitments, principal amount | $ 8,098 | ||||||
Unfunded commitments, fair value | $ (130) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 619 | ||||||
Unfunded commitments, fair value | $ (5) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 6,902 | ||||||
Unfunded commitments, fair value | $ 27 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 598 | ||||||
Unfunded commitments, fair value | $ 2 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Hercules Borrower LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,929 | ||||||
Unfunded commitments, fair value | $ (45) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Hercules Borrower LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,160 | ||||||
Unfunded commitments, fair value | $ 43 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Hoosier Intermediate, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,600 | ||||||
Unfunded commitments, fair value | $ (81) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Hoosier Intermediate, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,400 | ||||||
Unfunded commitments, fair value | $ (48) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, IQN Holding Corp. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 753 | ||||||
Unfunded commitments, fair value | $ (5) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, IQN Holding Corp. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 489 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 3,290 | ||||||
Unfunded commitments, fair value | $ (36) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 739 | ||||||
Unfunded commitments, fair value | $ (8) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 48 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 890 | ||||||
Unfunded commitments, fair value | $ 3 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw 3 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 188 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 706 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Integrity Marketing Acquisition, LLC, Delayed Draw IQN Holding Corp., Delayed Draw IQN Holding Corp., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | 0% | |||||
Unfunded commitments, principal amount | $ 5,000 | ||||||
Unfunded commitments, fair value | $ (51) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 4,167 | ||||||
Unfunded commitments, fair value | $ (134) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 677 | ||||||
Unfunded commitments, fair value | $ (22) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 6,667 | ||||||
Unfunded commitments, fair value | $ (133) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 3,333 | ||||||
Unfunded commitments, fair value | $ (67) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, K2 Insurance Services, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,120 | ||||||
Unfunded commitments, fair value | $ (4) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, K2 Insurance Services, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,120 | ||||||
Unfunded commitments, fair value | $ (2) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,146 | ||||||
Unfunded commitments, fair value | $ (25) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,054 | ||||||
Unfunded commitments, fair value | $ (46) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 585 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,543 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 4,670 | ||||||
Unfunded commitments, fair value | $ (306) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 759 | ||||||
Unfunded commitments, fair value | $ (50) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 4,670 | ||||||
Unfunded commitments, fair value | $ (116) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,459 | ||||||
Unfunded commitments, fair value | $ (36) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Lifelong Learner Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Lifelong Learner Holdings, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Liqui-Box Holdings, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 544 | ||||||
Unfunded commitments, fair value | $ (35) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Liqui-Box Holdings, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,140 | ||||||
Unfunded commitments, fair value | $ (113) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, MMIT Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 808 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, MMIT Holdings, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 857 | ||||||
Unfunded commitments, fair value | $ (17) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 977 | ||||||
Unfunded commitments, fair value | $ (44) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 499 | ||||||
Unfunded commitments, fair value | $ (23) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | 0% | |||||
Unfunded commitments, principal amount | $ 1,916 | ||||||
Unfunded commitments, fair value | $ (21) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 806 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 4,679 | ||||||
Unfunded commitments, fair value | $ (503) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc. - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 1,290 | ||||||
Unfunded commitments, fair value | $ (139) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 4,679 | ||||||
Unfunded commitments, fair value | $ (101) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc., Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 1,290 | ||||||
Unfunded commitments, fair value | $ (28) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 7,107 | ||||||
Unfunded commitments, fair value | $ (140) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,446 | ||||||
Unfunded commitments, fair value | $ (28) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 8,264 | ||||||
Unfunded commitments, fair value | $ (165) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,859 | ||||||
Unfunded commitments, fair value | $ (37) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 380 | ||||||
Unfunded commitments, fair value | $ (8) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 553 | ||||||
Unfunded commitments, fair value | $ (11) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 763 | ||||||
Unfunded commitments, fair value | $ (15) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, NMI AcquisitionCo, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,280 | ||||||
Unfunded commitments, fair value | $ (30) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, NMI AcquisitionCo, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,280 | ||||||
Unfunded commitments, fair value | $ (16) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, National Technical Systems, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 835 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, North Haven Fairway Buyer, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 432 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, North Haven Fairway Buyer, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,404 | ||||||
Unfunded commitments, fair value | $ (49) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Oak Purchaser, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,623 | ||||||
Unfunded commitments, fair value | $ (8) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Oak Purchaser, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 584 | ||||||
Unfunded commitments, fair value | $ (3) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic HoldCo 2, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.75% | 0.75% | |||||
Unfunded commitments, principal amount | $ 9,517 | ||||||
Unfunded commitments, fair value | $ (190) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic HoldCo 2, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,759 | ||||||
Unfunded commitments, fair value | $ (55) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic Holdco 2, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.75% | ||||||
Unfunded commitments, principal amount | $ 9,517 | ||||||
Unfunded commitments, fair value | $ (165) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic Holdco 2, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,759 | ||||||
Unfunded commitments, fair value | $ (48) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PPT Management Holdings, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 587 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PXO Holdings I Corp. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 885 | ||||||
Unfunded commitments, fair value | $ (28) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, PXO Holdings I Corp. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,315 | ||||||
Unfunded commitments, fair value | $ (42) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Prophix Software Inc. (Canada) - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,993 | ||||||
Unfunded commitments, fair value | $ 8 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Prophix Software Inc. (Canada), Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,993 | ||||||
Unfunded commitments, fair value | $ 20 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 2,126 | ||||||
Unfunded commitments, fair value | $ (78) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 829 | ||||||
Unfunded commitments, fair value | $ (31) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 3,164 | ||||||
Unfunded commitments, fair value | $ (41) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 557 | ||||||
Unfunded commitments, fair value | $ (7) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Revolver 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 824 | ||||||
Unfunded commitments, fair value | $ (11) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,083 | ||||||
Unfunded commitments, fair value | $ (46) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 462 | ||||||
Unfunded commitments, fair value | $ (20) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,435 | ||||||
Unfunded commitments, fair value | $ 9 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 215 | ||||||
Unfunded commitments, fair value | $ 1 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Sapphire Convention, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 3,849 | ||||||
Unfunded commitments, fair value | $ (206) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Sapphire Convention, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 2,561 | ||||||
Unfunded commitments, fair value | $ (345) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Smarsh Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 1,633 | ||||||
Unfunded commitments, fair value | $ (80) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Smarsh Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 408 | ||||||
Unfunded commitments, fair value | $ (20) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, SolAero Technologies Corp. (Priority Facilities), Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 984 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, SolAero Technologies Corp. (Priority Facilities), Revolver 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,084 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Speedstar Holding, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 3,775 | ||||||
Unfunded commitments, fair value | $ 38 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 2,214 | ||||||
Unfunded commitments, fair value | $ (64) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 944 | ||||||
Unfunded commitments, fair value | $ (27) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 303 | ||||||
Unfunded commitments, fair value | $ (9) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Superior Health Linens, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 417 | ||||||
Unfunded commitments, fair value | $ 0 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 214 | ||||||
Unfunded commitments, fair value | $ (36) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC - Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 1,835 | ||||||
Unfunded commitments, fair value | $ (305) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 1,835 | ||||||
Unfunded commitments, fair value | $ (263) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC, Delayed Draw 2 | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 214 | ||||||
Unfunded commitments, fair value | $ (31) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Tank Holding Corp. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.38% | ||||||
Unfunded commitments, principal amount | $ 1,655 | ||||||
Unfunded commitments, fair value | $ (53) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, The Carlstar Group LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 3,657 | ||||||
Unfunded commitments, fair value | $ (72) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, The Leaders Romans Bidco Limited (United Kingdom), Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1.60% | 1.60% | |||||
Unfunded commitments, principal amount | £ | £ 1,902 | ||||||
Unfunded commitments, fair value | $ 399 | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Trafigura Trading LLC - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 3,127 | ||||||
Unfunded commitments, fair value | $ (23) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Trafigura Trading LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 7,762 | ||||||
Unfunded commitments, fair value | $ (133) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Tufin Software North America, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 304 | ||||||
Unfunded commitments, fair value | $ (6) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Tufin Software North America, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,339 | ||||||
Unfunded commitments, fair value | $ (27) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Turbo Buyer, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | ||||||
Unfunded commitments, principal amount | $ 4,681 | ||||||
Unfunded commitments, fair value | $ (93) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Turbo Buyer, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 1,217 | $ 1,217 | |||||
Unfunded commitments, fair value | $ (24) | $ (24) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, U.S. Legal Support, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 1,061 | ||||||
Unfunded commitments, fair value | $ (18) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, US INFRA SVCS Buyer, LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | |||||
Unfunded commitments, principal amount | $ 22,234 | ||||||
Unfunded commitments, fair value | $ (527) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, US INFRA SVCS Buyer, LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 263 | ||||||
Unfunded commitments, fair value | $ (6) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, US Legal Support, Inc., Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,032 | ||||||
Unfunded commitments, fair value | $ (34) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, USLS Acquisition, Inc., Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | |||||
Unfunded commitments, principal amount | $ 1,135 | ||||||
Unfunded commitments, fair value | $ (12) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, Wineshipping.com LLC, Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 1% | 1% | 1% | ||||
Unfunded commitments, principal amount | $ 1,609 | $ 1,986 | |||||
Unfunded commitments, fair value | $ (79) | $ (39) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, Wineshipping.com LLC, Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% | ||||
Unfunded commitments, principal amount | $ 1,589 | $ 1,430 | |||||
Unfunded commitments, fair value | $ (78) | (28) | |||||
Investment, Identifier [Axis]: First and Second Lien Debt, iCIMS, Inc. - Delayed Draw | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0% | ||||||
Unfunded commitments, principal amount | $ 6,784 | ||||||
Unfunded commitments, fair value | $ (119) | ||||||
Investment, Identifier [Axis]: First and Second Lien Debt, iCIMS, Inc. - Revolver | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Unfunded commitments, unused fee | 0.50% | ||||||
Unfunded commitments, principal amount | $ 2,432 | ||||||
Unfunded commitments, fair value | (43) | ||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Investment Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[10],[30] | 74,997 | |||||
Amortized cost | [9],[10],[30] | 78,096 | |||||
Investments, at fair value | [2],[9],[10],[30] | 74,997 | |||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Telecommunications | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[6],[13] | 77,958 | |||||
Fair value, ending balance | [1],[6],[13] | 77,958 | |||||
Amortized cost | [1],[6],[13] | 78,096 | |||||
Investments, at fair value | [1],[6],[13] | 77,958 | |||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, LLC, Subordinated Loan and Member's Interest, Investment Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[6],[13] | 184,141 | |||||
Fair value, ending balance | 189,603 | [2],[9],[10],[30] | 184,141 | [1],[6],[13] | |||
Amortized cost | 193,001 | [9],[10],[30] | 193,000 | [1],[6],[13] | |||
Investments, at fair value | 189,603 | [2],[9],[10],[30] | 184,141 | [1],[6],[13] | |||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, Mezzanine Loan, Investment Funds | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[6],[13],[26],[31] | 0 | |||||
Fair value, ending balance | 0 | [2],[10],[16],[18],[22],[30] | 0 | [1],[6],[13],[26],[31] | |||
Amortized cost | 0 | [10],[16],[18],[22],[30] | 0 | [1],[6],[13],[26],[31] | |||
Investments, at fair value | 0 | [2],[10],[16],[18],[22],[30] | 0 | [1],[6],[13],[26],[31] | |||
Investment, Identifier [Axis]: Middle Market Credit Fund II LLC, Member's Interest | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 77,958 | 77,395 | 77,395 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | 0 | 0 | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | (2,961) | 563 | |||||
Fair value, ending balance | 74,997 | 77,958 | |||||
Dividend and Interest Income | 7,572 | 10,063 | |||||
Investments, at fair value | 74,997 | 77,958 | |||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Mezzanine Loan | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 0 | 0 | 0 | ||||
Additions/Purchases | 0 | ||||||
Reductions/Sales/ Paydowns | 0 | ||||||
Net Realized Gain (Loss) | 0 | ||||||
Net Change in Unrealized Appreciation (Depreciation) | 0 | ||||||
Fair value, ending balance | 0 | ||||||
Dividend and Interest Income | 0 | ||||||
Investments, at fair value | 0 | ||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 184,141 | 205,891 | 205,891 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | 0 | (23,000) | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 5,462 | 1,250 | |||||
Fair value, ending balance | 189,603 | 184,141 | |||||
Dividend and Interest Income | 15,000 | 20,000 | |||||
Investments, at fair value | 189,603 | 184,141 | |||||
Investment, Identifier [Axis]: Middle Market Credit Fund, Mezzanine Loan | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 0 | ||||||
Additions/Purchases | 0 | ||||||
Reductions/Sales/ Paydowns | 0 | ||||||
Net Realized Gain (Loss) | 0 | ||||||
Net Change in Unrealized Appreciation (Depreciation) | 0 | ||||||
Fair value, ending balance | 0 | 0 | |||||
Dividend and Interest Income | 0 | ||||||
Investments, at fair value | 0 | 0 | |||||
Investment, Identifier [Axis]: Second Lien, 11852604 Canada Inc. (Canada), Healthcare & Pharmaceuticals | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 6,425 | |||||
Fair value, ending balance | 7,141 | [2],[9],[10],[16],[18] | 6,425 | [1],[3],[6],[25],[26] | |||
Amortized cost | 7,201 | [5],[9],[10],[16],[18] | 6,432 | [1],[4],[6],[25],[26] | |||
Investments, at fair value | 7,141 | [2],[9],[10],[16],[18] | 6,425 | [1],[3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, AI Convoy S.A.R.L (United Kingdom), Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 25,744 | |||||
Fair value, ending balance | 25,806 | [2],[9],[10],[16],[18] | 25,744 | [1],[3],[6],[25],[26] | |||
Amortized cost | 24,402 | [5],[9],[10],[16],[18] | 24,359 | [1],[4],[6],[25],[26] | |||
Investments, at fair value | 25,806 | [2],[9],[10],[16],[18] | 25,744 | [1],[3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, AP Plastics Acquisition Holdings, LLC, Chemicals, Plastics & Rubber | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 33,868 | |||||
Fair value, ending balance | 32,974 | [2],[9],[16],[18] | 33,868 | [3],[6],[25],[26] | |||
Amortized cost | 32,851 | [5],[9],[16],[18] | 32,786 | [4],[6],[25],[26] | |||
Investments, at fair value | 32,974 | [2],[9],[16],[18] | 33,868 | [3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, AQA Acquisition Holdings, Inc., High Tech Industries | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 35,027 | |||||
Fair value, ending balance | 33,902 | [2],[9],[14],[16],[18] | 35,027 | [3],[6],[24],[25],[26] | |||
Amortized cost | 34,250 | [5],[9],[14],[16],[18] | 34,190 | [4],[6],[24],[25],[26] | |||
Investments, at fair value | 33,902 | [2],[9],[14],[16],[18] | 35,027 | [3],[6],[24],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Aimbridge Acquisition Co., Inc., Hotel, Gaming & Leisure | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 8,606 | |||||
Fair value, ending balance | 8,105 | [2],[9],[16],[18] | 8,606 | [3],[6],[25],[26] | |||
Amortized cost | 9,138 | [5],[9],[16],[18] | 9,123 | [4],[6],[25],[26] | |||
Investments, at fair value | 8,105 | [2],[9],[16],[18] | 8,606 | [3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Blackbird Purchaser, Inc., Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[23],[25],[26] | 13,423 | |||||
Fair value, ending balance | 13,108 | [2],[9],[15],[16],[18] | 13,423 | [3],[6],[23],[25],[26] | |||
Amortized cost | 13,470 | [5],[9],[15],[16],[18] | 13,423 | [4],[6],[23],[25],[26] | |||
Investments, at fair value | 13,108 | [2],[9],[15],[16],[18] | 13,423 | [3],[6],[23],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Brave Parent Holdings, Inc., Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 18,197 | |||||
Fair value, ending balance | 17,704 | [2],[9],[14],[16],[18] | 18,197 | [3],[6],[24],[25],[26] | |||
Amortized cost | 17,958 | [5],[9],[14],[16],[18] | 17,916 | [4],[6],[24],[25],[26] | |||
Investments, at fair value | 17,704 | [2],[9],[14],[16],[18] | 18,197 | [3],[6],[24],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc, Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 18,693 | |||||
Amortized cost | [5],[9],[16],[18] | 18,266 | |||||
Investments, at fair value | [2],[9],[16],[18] | 18,693 | |||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc., Energy: Oil & Gas | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 18,786 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 18,786 | |||||
Amortized cost | [4],[6],[25],[26] | 18,212 | |||||
Investments, at fair value | [3],[6],[25],[26] | 18,786 | |||||
Investment, Identifier [Axis]: Second Lien, Jazz Acquisition, Inc., Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 20,828 | |||||
Fair value, ending balance | 21,544 | [2],[9],[16],[18] | 20,828 | [3],[6],[24],[25],[26] | |||
Amortized cost | 23,217 | [5],[9],[16],[18] | 23,188 | [4],[6],[24],[25],[26] | |||
Investments, at fair value | 21,544 | [2],[9],[16],[18] | 20,828 | [3],[6],[24],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Outcomes Group Holdings, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 1,731 | |||||
Fair value, ending balance | 1,731 | [2],[9],[14],[16],[18] | 1,731 | [3],[6],[24],[25],[26] | |||
Amortized cost | 1,728 | [5],[9],[14],[16],[18] | 1,728 | [4],[6],[24],[25],[26] | |||
Investments, at fair value | 1,731 | [2],[9],[14],[16],[18] | 1,731 | [3],[6],[24],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, PAI Holdco, Inc., Automotive | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 13,806 | |||||
Fair value, ending balance | 13,889 | [2],[9],[16],[18] | 13,806 | [3],[6],[25],[26] | |||
Amortized cost | 13,688 | [5],[9],[16],[18] | 13,446 | [4],[6],[25],[26] | |||
Investments, at fair value | 13,889 | [2],[9],[16],[18] | 13,806 | [3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Peraton Corp., Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 12,345 | |||||
Fair value, ending balance | 11,394 | [2],[9],[14],[16],[18] | 12,345 | [3],[6],[24],[25],[26] | |||
Amortized cost | 11,785 | [5],[9],[14],[16],[18] | 12,126 | [4],[6],[24],[25],[26] | |||
Investments, at fair value | 11,394 | [2],[9],[14],[16],[18] | 12,345 | [3],[6],[24],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Quartz Holding Company, Software | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 7,048 | |||||
Fair value, ending balance | 7,003 | [2],[9],[14],[16],[18] | 7,048 | [3],[6],[25],[26] | |||
Amortized cost | 6,949 | [5],[9],[14],[16],[18] | 6,945 | [4],[6],[25],[26] | |||
Investments, at fair value | 7,003 | [2],[9],[14],[16],[18] | 7,048 | [3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Stonegate Pub Company Bidco Limited (United Kingdom), Beverage, Food & Tobacco | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [1],[3],[6],[25],[26] | 22,263 | |||||
Fair value, ending balance | 20,377 | [2],[9],[10],[16],[18] | 22,263 | [1],[3],[6],[25],[26] | |||
Amortized cost | 24,830 | [5],[9],[10],[16],[18] | 24,787 | [1],[4],[6],[25],[26] | |||
Investments, at fair value | 20,377 | [2],[9],[10],[16],[18] | 22,263 | [1],[3],[6],[25],[26] | |||
Investment, Identifier [Axis]: Second Lien, Tank Holding Corp., Capital Equipment | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[24],[25],[26] | 36,325 | |||||
Fair value, ending balance | [3],[6],[24],[25],[26] | 36,325 | |||||
Amortized cost | [4],[6],[24],[25],[26] | 35,600 | |||||
Investments, at fair value | [3],[6],[24],[25],[26] | 36,325 | |||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Service | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 13,260 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 13,260 | |||||
Amortized cost | [4],[6],[25],[26] | 12,769 | |||||
Investments, at fair value | [3],[6],[25],[26] | 13,260 | |||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, ending balance | [2],[9],[16],[18] | 12,117 | |||||
Amortized cost | [5],[9],[16],[18] | 12,785 | |||||
Investments, at fair value | [2],[9],[16],[18] | 12,117 | |||||
Investment, Identifier [Axis]: Second Lien, WP CPP Holdings, LLC, Aerospace & Defense | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 28,689 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 28,689 | |||||
Amortized cost | [4],[6],[25],[26] | 29,293 | |||||
Investments, at fair value | [3],[6],[25],[26] | 28,689 | |||||
Investment, Identifier [Axis]: Second Lien, Watchfire Enterprises, Inc., Media: Advertising, Printing & Publishing | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[25],[26] | 7,000 | |||||
Fair value, ending balance | [3],[6],[25],[26] | 7,000 | |||||
Amortized cost | [4],[6],[25],[26] | 7,000 | |||||
Investments, at fair value | [3],[6],[25],[26] | 7,000 | |||||
Investment, Identifier [Axis]: Second Lien, World 50, Inc., Business Services | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | [3],[6],[31] | 18,405 | |||||
Fair value, ending balance | [3],[6],[31] | 18,405 | |||||
Amortized cost | [4],[6],[31] | 18,215 | |||||
Investments, at fair value | [3],[6],[31] | 18,405 | |||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A1 Term Loan) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 2,850 | 1,214 | 1,214 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | (3,166) | 0 | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 316 | 1,636 | |||||
Fair value, ending balance | 0 | 2,850 | |||||
Dividend and Interest Income | 1,031 | 0 | |||||
Investments, at fair value | 0 | 2,850 | |||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A2 Term Loan) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 7,835 | 3,338 | 3,338 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | (8,707) | 0 | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 872 | 4,497 | |||||
Fair value, ending balance | 0 | 7,835 | |||||
Dividend and Interest Income | 2,834 | 0 | |||||
Investments, at fair value | 0 | 7,835 | |||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (Priority Term Loan) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 2,251 | 2,460 | 2,460 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | (2,251) | (189) | |||||
Net Realized Gain (Loss) | 0 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 0 | (20) | |||||
Fair value, ending balance | 0 | 2,251 | |||||
Dividend and Interest Income | 8 | 185 | |||||
Investments, at fair value | 0 | 2,251 | |||||
Investment, Identifier [Axis]: Solaero Technology Corp. (Equity) | |||||||
Investments in and Advances to Affiliates, at Fair Value [Roll Forward] | |||||||
Fair value, beginning balance | 0 | $ 0 | 0 | ||||
Additions/Purchases | 0 | 0 | |||||
Reductions/Sales/ Paydowns | (4,786) | 0 | |||||
Net Realized Gain (Loss) | 1,972 | 0 | |||||
Net Change in Unrealized Appreciation (Depreciation) | 2,814 | 0 | |||||
Fair value, ending balance | 0 | 0 | |||||
Dividend and Interest Income | 0 | 0 | |||||
Investments, at fair value | $ 0 | $ 0 | |||||
[1]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[2]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[3]Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment fund was determined using significant unobservable inputs.[4]Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method.[5]Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method.[6]Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[7]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act, unless otherwise noted. As of December 31, 2021, the aggregate fair value of these securities is $77,093, or 8.13% of the Company’s net assets.[8]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of September 30, 2022, the aggregate fair value of these securities is $92,552, or 9.89% of the Company’s net assets.[9]^ Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[10]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[11]Under the Investment Company Act, the Company is deemed an “affiliated person” of this portfolio company because the Company owns 5% or more of the portfolio company’s outstanding voting securities. Transactions related to the portfolio company during the year ended December 31, 2021 were as follows: Investments—non-controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Direct Travel, Inc. $ 24,949 $ — $ (484) $ 3 $ 3,087 $ 27,555 $ — Direct Travel, Inc. 1,231 1,372 — — 128 2,731 173 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 26,180 $ 1,372 $ (484) $ 3 $ 3,215 $ 30,286 $ 173 Investments—non-controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Direct Travel, Inc. $ 27,555 $ 7,193 $ (1,177) $ — $ 5,561 $ 39,132 $ 8,059 Direct Travel, Inc. 2,731 — — — — 2,731 100 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 30,286 $ 7,193 $ (1,177) $ — $ 5,561 $ 41,863 $ 8,159 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Middle Market Credit Fund, LLC, Mezzanine Loan $ — $ — $ — $ — $ — $ — $ — Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest 205,891 — (23,000) — 1,250 184,141 20,000 Middle Market Credit Fund II, LLC, Member’s Interest 77,395 — — — 563 77,958 10,063 Total investments—controlled/affiliated $ 283,286 $ — $ (23,000) $ — $ 1,813 $ 262,099 $ 30,063 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) 2,460 — (189) — (20) 2,251 185 SolAero Technologies Corp. (A1 Term Loan) 1,214 — — — 1,636 2,850 — SolAero Technologies Corp. (A2 Term Loan) 3,338 — — — 4,497 7,835 — Solaero Technology Corp. (Equity) — — — — — — — Total investments—controlled/affiliated $ 7,012 $ — $ (189) $ — $ 6,113 $ 12,936 $ 185 Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments ADPD Holdings, LLC Delayed Draw —% $ 1,083 $ (22) ADPD Holdings, LLC Revolver 0.50 621 (12) ADPD Holdings, LLC Delayed Draw — 299 (6) ADPD Holdings, LLC Delayed Draw — 1,951 (39) Advanced Web Technologies Holding Company Revolver 0.50 854 (9) Advanced Web Technologies Holding Company Delayed Draw 1.00 1,602 (17) Airnov, Inc. Revolver 0.50 688 (3) Alpine Acquisition Corp II Revolver 0.50 1,034 (37) American Physician Partners, LLC Revolver 0.50 550 (2) Analogic Corporation Revolver 0.50 29 (1) Applied Technical Services, LLC Revolver 0.50 42 — Appriss Health, LLC Revolver 0.50 2,963 (69) Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,113 (19) Associations, Inc. Revolver 0.50 723 (17) Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (171) BlueCat Networks (USA) Inc. Delayed Draw 0.50 240 (5) BlueCat Networks (USA) Inc. Delayed Draw 0.50 446 (9) BMS Holdings III Corp. Delayed Draw 2.65 9,688 (137) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 855 (4) Bubbles Bidco S.P.A. (Italy) Revolver — 526 (3) Chartis Holding, LLC Revolver 0.50 217 (1) Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Comar Holding Company, LLC Revolver 0.50 2,935 (127) Cority Software Inc. (Canada) Revolver 0.50 3,000 (26) DCA Investment Holding LLC Delayed Draw 1.00 618 (22) Denali Midco 2, LLC Delayed Draw 1.00 2,857 (86) Diligent Corporation Revolver 0.50 23 (1) Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc. Revolver 0.50 994 (14) Dwyer Instruments, Inc. Delayed Draw 1.00 161 (2) Eliassen Group, LLC Delayed Draw 1.00 3,310 (42) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Ellkay, LLC Revolver 0.50% $ 1,786 $ (110) EPS Nass Parent, Inc. Revolver 0.50 40 (1) EPS Nass Parent, Inc. Delayed Draw 1.00 37 (1) EvolveIP, LLC Revolver 0.50 655 (10) Excel Fitness Holdings, Inc. Revolver 0.50 828 (29) Excelitas Technologies Corp. Revolver 0.50 217 (4) Excelitas Technologies Corp. Delayed Draw — 152 (3) FPG Intermediate Holdco, LLC Delayed Draw 1.00 3,973 (79) Greenhouse Software, Inc. Revolver 0.50 1,471 (41) Greenhouse Software, Inc. Revolver 0.50 733 (21) Hadrian Acquisition Limited (United Kingdom) Delayed Draw 2.33 2,589 (57) Harbour Benefit Holdings, Inc. Revolver 0.50 3,180 (11) Heartland Home Services, Inc Delayed Draw 0.75 8,098 (130) Heartland Home Services, Inc Revolver 0.50 619 (5) Hercules Borrower LLC Revolver 0.50 1,929 (45) Hoosier Intermediate, LLC Revolver 0.50 1,600 (81) HS Spa Holdings Inc. Revolver 0.50 1,235 (35) iCIMS, Inc. Revolver 0.50 2,432 (43) iCIMS, Inc. Delayed Draw — 6,784 (119) Individual FoodService Holdings, LLC Revolver 0.50 739 (8) Individual FoodService Holdings, LLC Delayed Draw 1.00 3,290 (36) IQN Holding Corp. Delayed Draw 1.00 753 (5) IQN Holding Corp. Revolver 0.50 489 (3) Jeg's Automotive, LLC Revolver 0.50 677 (22) Jeg's Automotive, LLC Delayed Draw 1.00 4,167 (134) K2 Insurance Services, LLC Revolver 0.50 1,120 (4) Kaseya, Inc. Revolver 0.50 2,054 (46) Kaseya, Inc. Delayed Draw 0.50 1,146 (25) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 544 (35) LVF Holdings, Inc. Revolver 0.50 759 (50) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (306) Material Holdings, LLC Delayed Draw — 977 (44) Material Holdings, LLC Revolver 1.00 499 (23) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (503) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (139) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,446 $ (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 7,107 (140) MMIT Holdings, LLC Revolver 0.50 808 (3) NEFCO Holding Company LLC Delayed Draw 1.00 380 (8) NEFCO Holding Company LLC Delayed Draw 1.00 553 (11) NEFCO Holding Company LLC Revolver 0.50 763 (15) NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (30) North Haven Fairway Buyer, LLC Delayed Draw 0.50 432 (9) North Haven Fairway Buyer, LLC Revolver 0.50 2,404 (49) Oak Purchaser, Inc. Delayed Draw 0.50 1,623 (8) Oak Purchaser, Inc. Revolver 0.50 584 (3) PF Atlantic Holdco 2, LLC Delayed Draw 0.75 9,517 (165) PF Atlantic Holdco 2, LLC Revolver 0.50 2,759 (48) PPT Management Holdings, LLC Revolver 0.50 587 — Prophix Software Inc. (Canada) Revolver 0.50 1,993 8 PXO Holdings I Corp. Delayed Draw 1.00 885 (28) PXO Holdings I Corp. Revolver 0.50 1,315 (42) Quantic Electronics, LLC Revolver 0.50 829 (31) Quantic Electronics, LLC Delayed Draw 1.00 2,126 (78) RSC Acquisition, Inc. Revolver 0.50 462 (20) RSC Acquisition, Inc. Delayed Draw 0.50 1,083 (46) Sapphire Convention, Inc. Revolver 0.50 3,849 (206) Smarsh Inc. Revolver 0.50 408 (20) Smarsh Inc. Delayed Draw 1.00 1,633 (80) Spotless Brands, LLC Revolver 0.50 303 (9) Spotless Brands, LLC Delayed Draw 1.00 2,214 (64) Spotless Brands, LLC Delayed Draw 1.00 944 (27) Tank Holding Corp. Revolver 0.38 1,655 (53) TCFI Aevex LLC Delayed Draw 1.00 214 (36) TCFI Aevex LLC Delayed Draw 1.00 1,835 (305) The Carlstar Group LLC Revolver 0.50 3,657 (72) Trafigura Trading LLC Revolver 0.50 3,127 (23) Tufin Software North America, Inc. Revolver 0.50 1,339 (27) Tufin Software North America, Inc. Delayed Draw — 304 (6) Turbo Buyer, Inc. Delayed Draw 1.00 4,681 (93) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value U.S. Legal Support, Inc. Delayed Draw 0.50% $ 2,032 $ (34) U.S. Legal Support, Inc. Revolver 0.50 1,061 (18) Wineshipping.com LLC Delayed Draw 1.00 1,609 (79) Wineshipping.com LLC Revolver 0.50 1,589 (78) Total unfunded commitments $ 185,945 $ (5,119) As of September 30, 2022, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,380,925 $ 1,328,594 68.2 % Second Lien Debt 270,772 263,211 13.5 Equity Investments 89,393 92,552 4.7 Investment Funds 271,097 264,600 13.6 Total $ 2,012,187 $ 1,948,957 100.0 % The rate type of debt investments at fair value as of September 30, 2022 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,627,527 $ 1,568,730 98.6 % Fixed Rate 24,170 23,075 1.4 Total $ 1,651,697 $ 1,591,805 100.0 % The industry composition of investments at fair value as of September 30, 2022 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 139,565 $ 131,981 6.8 % Automotive 75,568 77,159 4.0 Beverage & Food 77,073 69,532 3.6 Business Services 94,844 94,021 4.8 Capital Equipment 79,259 80,817 4.1 Chemicals, Plastics & Rubber 77,422 76,931 4.0 Construction & Building 18,513 18,310 0.9 Consumer Goods: Durable 438 427 — Consumer Goods: Non-Durable 5,315 4,360 0.2 Consumer Services 108,064 106,868 5.5 Containers, Packaging & Glass 54,054 52,132 2.8 Diversified Financial Services 55,567 52,539 2.7 Energy: Oil & Gas 43,359 43,410 2.2 Environmental Industries 59,399 58,471 3.0 Healthcare & Pharmaceuticals 246,987 230,007 11.8 High Tech Industries 147,357 144,525 7.4 Investment Funds 271,097 264,600 13.6 Leisure Products & Services 114,526 106,387 5.5 Media: Advertising, Printing & Publishing 318 181 — Media: Diversified & Production 19,747 19,746 1.0 Metals & Mining 6,765 6,796 0.3 Industry Amortized Cost Fair Value % of Fair Value Retail $ 31,678 $ 31,616 1.6 % Software 180,501 179,027 9.2 Sovereign & Public Finance 182 626 — Telecommunications 72,014 66,223 3.4 Transportation: Cargo 19,668 19,292 1.0 Utilities: Electric 898 888 — Wholesale 12,009 12,085 0.6 $ 2,012,187 $ 1,948,957 100.0 % The geographical composition of investments at fair value as of September 30, 2022 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 35,895 $ 36,502 1.9 % Cyprus 6,567 6,137 0.2 Italy 5,315 4,360 0.2 Luxembourg 41,499 38,243 2.0 Sweden 1,168 142 — United Kingdom 81,526 75,105 3.9 United States 1,840,217 1,788,468 91.8 Total $ 2,012,187 $ 1,948,957 100.0 % Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments Advanced Web Technologies Holding Company Delayed Draw 1.00% $ 2,723 $ 27 Advanced Web Technologies Holding Company Delayed Draw 1.00 1,051 11 Advanced Web Technologies Holding Company Revolver 0.50 906 9 Airnov, Inc. Revolver 0.50 875 — American Physician Partners, LLC Revolver 0.50 550 — Analogic Corporation Revolver 0.50 72 (1) Applied Technical Services, LLC Revolver 0.50 40 — Appriss Health, LLC Revolver 0.50 2,963 3 Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,070 (17) Associations, Inc. Revolver 0.50 723 2 Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (92) BMS Holdings III Corp. Delayed Draw 1.00 9,688 (149) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 € 873 (30) Bubbles Bidco S.P.A. (Italy) Delayed Draw — € 537 (9) Captive Resources Midco, LLC Revolver 0.50 2,143 (12) Chartis Holding, LLC Revolver 0.50 217 — Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Chudy Group, LLC Delayed Draw 1.00 138 2 Chudy Group, LLC Revolver 0.50 34 1 Comar Holding Company, LLC Revolver 0.50 2,935 (59) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Cority Software Inc. (Canada) Revolver 0.50% $ 3,000 $ (1) DCA Investment Holding, LLC Delayed Draw 1.00 1,495 (8) DermaRite Industries, LLC Revolver 0.50 579 (103) Diligent Corporation Delayed Draw 1.00 110 2 Diligent Corporation Revolver 0.50 47 1 Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc Delayed Draw 1.00 1,003 (3) Dwyer Instruments, Inc Revolver 0.50 411 (1) Ellkay, LLC Revolver 0.50 1,786 (36) EPS Nass Parent, Inc. Delayed Draw 1.00 85 (1) EPS Nass Parent, Inc. Revolver 0.50 25 — EvolveIP, LLC Revolver 0.50 798 (4) Greenhouse Software, Inc. Revolver 0.50 1,471 (29) Harbour Benefit Holdings, Inc. Revolver 0.50 2,120 (21) Heartland Home Services, Inc Delayed Draw 1.00 6,902 27 Heartland Home Services, Inc Revolver 0.50 598 2 Hercules Borrower LLC Revolver 0.50 2,160 43 Hoosier Intermediate, LLC Revolver 0.50 2,400 (48) Individual FoodService Holdings, LLC Delayed Draw 1.00 48 — Individual Foodservice Holdings, LLC Delayed Draw 1.00 890 3 Individual FoodService Holdings, LLC Delayed Draw 1.00 188 — Individual FoodService Holdings, LLC Revolver 0.50 706 — Integrity Marketing Acquisition, LLC Delayed Draw — 5,000 (51) Jeg's Automotive, LLC Delayed Draw 1.00 6,667 (133) Jeg's Automotive, LLC Revolver 0.50 3,333 (67) K2 Insurance Services, LLC Revolver 0.50 1,120 (2) Kaseya, Inc. Delayed Draw 1.00 585 (3) Kaseya, Inc. Revolver 0.50 1,543 (9) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 1,140 (113) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (116) LVF Holdings, Inc. Revolver 0.50 1,459 (36) Material Holdings, LLC Delayed Draw — 1,916 (21) Material Holdings, LLC Revolver 1.00 806 (9) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (101) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 8,264 (165) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,859 $ (37) MMIT Holdings, LLC Revolver 0.50 857 (17) National Technical Systems, Inc. Revolver 0.50 835 — NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (16) PF Atlantic HoldCo 2, LLC Delayed Draw 0.75 9,517 (190) PF Atlantic HoldCo 2, LLC Revolver 0.50 2,759 (55) Prophix Software Inc. (Canada) Revolver 0.50 1,993 20 Quantic Electronics, LLC Revolver 0.50 557 (7) Quantic Electronics, LLC Delayed Draw 1.00 3,164 (41) Quantic Electronics, LLC Revolver 0.50 824 (11) RSC Acquisition, Inc. Delayed Draw 0.50 2,435 9 RSC Acquisition, Inc. Revolver 0.50 215 1 Sapphire Convention, Inc. Revolver 0.50 2,561 (345) SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 984 — SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 1,084 — Speedstar Holding, LLC Delayed Draw 1.00 3,775 38 Superior Health Linens, LLC Revolver 0.50 417 — TCFI Aevex LLC Delayed Draw 1.00 1,835 (263) TCFI Aevex LLC Delayed Draw 1.00 214 (31) The Leaders Romans Bidco Limited (United Kingdom) Delayed Draw 1.60 £ 1,902 399 Trafigura Trading LLC Revolver 0.50 7,762 (133) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) US INFRA SVCS Buyer, LLC Delayed Draw 1.00 22,234 (527) US INFRA SVCS Buyer, LLC Revolver 0.50 263 (6) USLS Acquisition, Inc. Revolver 0.50 1,135 (12) Wineshipping.com LLC Delayed Draw 1.00 1,986 (39) Wineshipping.com LLC Revolver 0.50 1,430 (28) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Total unfunded commitments $ 180,498 $ (2,660) As of December 31, 2021, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,271,794 $ 1,232,084 64.4 % Second Lien Debt 341,538 341,776 17.9 Equity Investments 73,125 77,093 4.0 Investment Funds 271,096 262,099 13.7 Total $ 1,957,553 $ 1,913,052 100.0 % The rate type of debt investments at fair value as of December 31, 2021 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,589,342 $ 1,549,215 98.4 % Fixed Rate 23,990 24,645 1.6 Total $ 1,613,332 $ 1,573,860 100.0 % The industry composition of investments at fair value as of December 31, 2021 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 169,068 $ 166,071 8.7 % Automotive 91,155 94,144 4.9 Beverage & Food 91,999 97,377 5.1 Business Services 85,994 83,878 4.4 Capital Equipment 102,065 102,308 5.4 Chemicals, Plastics & Rubber 64,717 66,515 3.5 Construction & Building 59,945 61,055 3.2 Consumer Goods: Durable 11,277 11,450 0.6 Consumer Goods: Non-Durable 440 440 — Consumer Services 5,303 5,158 0.3 Containers, Packaging & Glass 25,155 25,909 1.4 Diversified Financial Services 52,154 52,113 2.7 Energy: Oil & Gas 41,991 42,900 2.2 Environmental Industries 69,194 69,185 3.6 Healthcare & Pharmaceuticals 250,294 229,555 12.0 High Tech Industries 149,185 151,430 7.9 Investment Funds 126,237 113,201 5.9 Leisure Products & Services 271,096 262,099 13.7 Media: Advertising, Printing & Publishing 7,318 7,205 0.4 Media: Diversified & Production 19,700 19,666 1.0 Metals & Mining 2,237 2,086 0.1 Retail 44,644 44,992 2.4 Software 105,958 104,673 5.5 Sovereign & Public Finance 13,623 14,036 0.7 Telecommunications 87,977 76,585 4.0 Utilities: Electric 869 878 — Wholesale 7,958 8,143 0.4 Total $ 1,957,553 $ 1,913,052 100.0 % The geographical composition of investments at fair value as of December 31, 2021 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 46,433 $ 47,543 2.5 % Cyprus 6,389 7,097 0.4 Italy 5,303 5,158 0.3 Luxembourg 41,647 38,403 2.0 United Kingdom 92,963 96,108 5.0 United States 1,764,818 1,718,743 89.8 Total $ 1,957,553 $ 1,913,052 100.0 % The accompanying notes are an integral part of these consolidated financial statements. Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest $ 184,141 $ — $ — $ — $ 5,462 $ 189,603 $ 15,000 Middle Market Credit Fund, Mezzanine Loan — — — — — — — Middle Market Credit Fund II LLC, Member's Interest 77,958 — — — (2,961) 74,997 7,572 Total investments—controlled/affiliated $ 262,099 $ — $ — $ — $ 2,501 $ 264,600 $ 22,572 Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) $ 2,251 $ — $ (2,251) $ — $ — $ — $ 8 SolAero Technologies Corp. (A1 Term Loan) 2,850 — (3,166) — 316 — 1,031 SolAero Technologies Corp. (A2 Term Loan) 7,835 — (8,707) — 872 — 2,834 Solaero Technology Corp. (Equity) — — (4,786) 1,972 2,814 — — Total investments—controlled/affiliated $ 12,936 $ — $ (18,910) $ 1,972 $ 4,002 $ — $ 3,873 |
ORGANIZATION
ORGANIZATION | 9 Months Ended |
Sep. 30, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
ORGANIZATION | ORGANIZATION Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”) is a Maryland corporation formed on February 8, 2012, and structured as an externally managed, non-diversified closed-end investment company. The Company is managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C. (“CGCIM” or “Investment Adviser”), a wholly owned subsidiary of The Carlyle Group Inc. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (together with the rules and regulations promulgated thereunder, the “Investment Company Act”). In addition, the Company has elected to be treated, and intends to continue to comply with the requirements to qualify annually, as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (together with the rules and regulations promulgated thereunder, the “Code”). The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through secured debt investments in U.S. middle market companies. The Company's core investment strategy focuses on lending to U.S. middle market companies supported by financial sponsors, which the Company defines as companies with approximately $25 million to $100 million of earnings before interest, taxes, depreciation and amortization (“EBITDA”), which the Company believes is a useful proxy for cash flow. This core strategy is supplemented with complementary specialty lending and opportunistic investing strategies, which take advantage of the broad capabilities of Carlyle's Global Credit platform while offering risk diversifying portfolio benefits. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and “unitranche” loans) and second lien senior secured loans (collectively, “Middle Market Senior Loans”), with the balance of its assets invested in higher yielding investments (which may include unsecured debt, mezzanine debt and investments in equities). The Middle Market Senior Loans are generally made to private U.S. middle market companies that are, in many cases, controlled by private equity firms. Depending on market conditions, the Company expects that between 70% and 80% of the value of its assets will be invested in Middle Market Senior Loans. The Company expects that the composition of its portfolio will change over time given the Investment Adviser’s view on, among other things, the economic and credit environment (including with respect to interest rates) in which the Company is operating. The Company invests primarily in loans to middle market companies whose debt, if rated, is rated below investment grade, and, if not rated, would likely be rated below investment grade if it were rated (that is, below BBB- or Baa3, which is often referred to as “junk”). Exposure to below investment grade instruments involves certain risks, including speculation with respect to the borrower’s capacity to pay interest and repay principal. On May 2, 2013, the Company completed its initial closing of capital commitments (the “Initial Closing”) and subsequently commenced substantial investment operations. Effective March 15, 2017, the Company changed its name from “Carlyle GMS Finance, Inc.” to “TCG BDC, Inc.” On June 19, 2017, the Company closed its initial public offering, issuing 9,454,200 shares of its common stock (including shares issued pursuant to the exercise of the underwriters’ over-allotment option on July 5, 2017) at a public offering price of $18.50 per share. Net of underwriting costs, the Company received cash proceeds of $169,488 Shares of common stock of the Company began trading on the Nasdaq Global Select Market under the symbol “CGBD” on June 14, 2017. Effective April 12, 2022, the Company changed its name from “TCG BDC, Inc.” to “Carlyle Secured Lending, Inc.” Until December 31, 2017, the Company was an “emerging growth company,” as that term is used in the Jumpstart Our Business Startups Act of 2012. As of June 30, 2017, the market value of the common stock held by non-affiliates exceeded $700,000. Accordingly, the Company ceased to be an emerging growth company as of December 31, 2017. The Company is externally managed by the Investment Adviser, an investment adviser registered under the Investment Advisers Act of 1940 (“Advisers Act”), as amended. Carlyle Global Credit Administration L.L.C. (the “Administrator”) provides the administrative services necessary for the Company to operate. Both the Investment Adviser and the Administrator are wholly owned subsidiaries of Carlyle Investment Management L.L.C. (“CIM”), a subsidiary of The Carlyle Group Inc. “Carlyle” refers to The Carlyle Group Inc. and its affiliates and its consolidated subsidiaries (other than portfolio companies of its affiliated funds), a global alternative asset manager publicly traded on the Nasdaq Global Select Market under the symbol “CG”. Refer to the sec.gov website for further information on Carlyle. TCG BDC SPV LLC (the “SPV”) is a Delaware limited liability company that was formed on January 3, 2013. Prior to the termination of its senior secured credit facility on December 11, 2020, the SPV invested in first and second lien senior secured loans. The SPV is a wholly owned subsidiary of the Company and is consolidated in these consolidated financial statements commencing from the date of its formation, January 3, 2013. Effective March 15, 2017, the SPV changed its name from “Carlyle GMS Finance SPV LLC” to “TCG BDC SPV LLC”. On June 26, 2015, the Company completed a $400,000 term debt securitization (the “2015-1 Debt Securitization”). The notes offered in the 2015-1 Debt Securitization (the “2015-1 Notes”) were issued by Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”), a wholly owned and consolidated subsidiary of the Company. On August 30, 2018, the 2015-1 Issuer refinanced the 2015-1 Debt Securitization (the “2015-1 Debt Securitization Refinancing”) by redeeming in full the 2015-1 Notes and issuing new notes (the “2015-1R Notes”). The 2015-1R Notes are secured by a diversified portfolio of the 2015-1 Issuer consisting primarily of first and second lien senior secured loans. Refer to Note 8, Notes Payable, for details. The 2015-1 Issuer is consolidated in these consolidated financial statements commencing from the date of its formation, May 8, 2015. On February 29, 2016, the Company and Credit Partners USA LLC (“Credit Partners”) entered into an amended and restated limited liability company agreement, which was subsequently amended on June 24, 2016, February 22, 2021 and May 16, 2022 (as amended, the “Limited Liability Company Agreement”) to co-manage Middle Market Credit Fund, LLC (“Credit Fund”). Credit Fund primarily invests in first lien loans of middle market companies. Credit Fund is managed by a six-member board of managers, on which the Company and Credit Partners each have equal representation. The Company and Credit Partners each have 50% economic ownership of Credit Fund and have commitments to fund, from time to time, capital of up to $250,000 each. Refer to Note 5, Middle Market Credit Fund, LLC, for details. On May 5, 2020, the Company issued and sold 2,000,000 shares of cumulative convertible preferred stock, par value $0.01 per share (the “Preferred Stock”), to an affiliate of Carlyle in a private placement at a price of $25 per share. See Note 10, Net Assets, for further information about the Preferred Stock. On November 3, 2020, the Company and Cliffwater Corporate Lending Fund (“CCLF”), an investment vehicle managed by Cliffwater LLC, entered into a limited liability company agreement to co-manage Middle Market Credit Fund II, LLC (“Credit Fund II”). Credit Fund II invests in senior secured loans of middle market companies. Credit Fund II is managed by a four-member board of managers, on which the Company and CCLF each have equal representation. The Company and CCLF have approximately 84.13% and 15.87% economic ownership of Credit Fund II, respectively. The Company contributed certain senior secured debt investments with an aggregate principal balance of approximately $250 million to Credit Fund II in exchange for its 84.13% economic interest and gross cash proceeds of approximately $170 million. See Note 6, Middle Market Credit Fund II, LLC, to these consolidated financial statements for details. As a BDC, the Company is required to comply with certain regulatory requirements. As part of these requirements, the Company must not acquire any assets other than “qualifying assets” specified in the Investment Company Act unless, at the time the acquisition is made, at least 70% of its total assets are qualifying assets (with certain limited exceptions). To qualify as a RIC, the Company must, among other things, meet certain source-of-income and asset diversification requirements and timely distribute to its stockholders generally at least 90% of its investment company taxable income, as defined by the Code, for each year. Pursuant to this election, the Company generally does not have to pay corporate level taxes on any income that it distributes to stockholders, provided that the Company satisfies those requirements. |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
SIGNIFICANT ACCOUNTING POLICIES | SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The Company is an investment company for the purposes of accounting and financial reporting in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services—Investment Companies (“ASC 946”) . The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, the SPV and the 2015-1 Issuer. All significant intercompany balances and transactions have been eliminated. U.S. GAAP for an investment company requires investments to be recorded at fair value. The carrying value for all other assets and liabilities approximates their fair value. The interim financial statements have been prepared in accordance with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Articles 6 and 10 of Regulation S-X. Accordingly, certain disclosures accompanying the annual consolidated financial statements prepared in accordance with U.S. GAAP are omitted. In the opinion of management, all adjustments considered necessary for the fair presentation of consolidated financial statements for the interim periods presented have been included. These adjustments are of a normal, recurring nature. This Form 10-Q should be read in conjunction with the Company’s annual report on Form 10-K for the year ended December 31, 2021. The results of operations for the three and nine month periods ended September 30, 2022 are not necessarily indicative of the operating results to be expected for the full year. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management’s estimates are based on historical experiences and other factors, including expectations of future events that management believes to be reasonable under the circumstances. It also requires management to exercise judgment in the process of applying the Company’s accounting policies. Assumptions and estimates regarding the valuation of investments and their resulting impact on base management and incentive fees involve a higher degree of judgment and complexity and these assumptions and estimates may be significant to the consolidated financial statements. Actual results could differ from these estimates and such differences could be material. Investments Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment using the specific identification method without regard to unrealized appreciation or depreciation previously recognized, and includes investments charged off during the period, net of recoveries. Net change in unrealized appreciation or depreciation on investments as presented in the accompanying Consolidated Statements of Operations reflects the net change in the fair value of investments, including the reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized. See Note 3 for further information about fair value measurements. Cash, Cash Equivalents and Restricted Cash Cash, cash equivalents and restricted cash consist of demand deposits and highly liquid investments (e.g., money market funds, U.S. treasury notes) with original maturities of three months or less. Cash equivalents are carried at amortized cost, which approximates fair value. The Company’s cash, cash equivalents and restricted cash are held with two large financial institutions and cash held in such financial institutions may, at times, exceed the Federal Deposit Insurance Corporation insured limit. As of September 30, 2022 and December 31, 2021, the Company had restricted cash balances of $29,643 and $70,081, respectively, which represent amounts that are collected by trustees who have been appointed as custodians of the assets securing certain of the Company's financing transactions, and held for payment of interest expense and principal on the outstanding borrowings, or reinvestment into new assets. Revenue Recognition Interest from Investments and Realized Gain/Loss on Investments Interest income is recorded on an accrual basis and includes the accretion of discounts and amortization of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. At time of exit, the realized gain or loss on an investment is the difference between the amortized cost at time of exit and the cash received at exit using the specific identification method. The Company may have loans in its portfolio that contain payment-in-kind (“PIK”) provisions. PIK represents interest that is accrued and recorded as interest income at the contractual rates, increases the loan principal on the respective capitalization dates, and is generally due at maturity. As of September 30, 2022 and December 31, 2021, the fair value of the loans in the portfolio with PIK provisions was $194,694 and $243,220, respectively, which represents approximately 10.0% and 12.7% of total investments at fair value, respectively. For the three month and nine month periods ended September 30, 2022, the Company earned $11,146 and $18,595 in PIK income, respectively. For the three month and nine month periods ended September 30, 2021, the Company earned $2,441 and $6,884 in PIK income, respectively. Prior to September 30, 2022, PIK income was included in interest income in the accompanying Consolidated Statements of Operations. Prior periods have been conformed to the current presentation. Dividend Income Dividend income from the investment funds, Credit Fund and Credit Fund II, and other investments funds, if any, is recorded on the record date for the investment fund to the extent that such amounts are payable by the investment funds and are expected to be collected. Other Income Other income may include income such as consent, waiver, amendment, unused, underwriting, arranger and prepayment fees associated with the Company’s investment activities as well as any fees for managerial assistance services rendered by the Company to the portfolio companies. Such fees are recognized as income when earned or the services are rendered. The Company may receive fees for guaranteeing the outstanding debt of a portfolio company. Such fees are amortized into other income over the life of the guarantee. The unamortized amount, if any, is included in other assets in the accompanying Consolidated Statements of Assets and Liabilities. Non-Accrual Income Loans are generally placed on non-accrual status when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected in full. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest are paid current and, in management’s judgment, are likely to remain current. Management may not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. As of September 30, 2022 and December 31, 2021, the fair value of the loans in the portfolio on non-accrual status was $37,404 and $76,551, respectively. The remaining first and second lien debt investments were performing and current on their interest payments as of September 30, 2022 and December 31, 2021. The Credit Facility, Senior Notes, and 2015-1R Notes – Related Costs, Expenses and Deferred Financing Costs The Company entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). Interest expense and unused commitment fees on the Credit Facility are recorded on an accrual basis. Unused commitment fees are included in credit facility fees in the accompanying Consolidated Statements of Operations. On December 30, 2019, the Company closed a private offering of $115.0 million in aggregate principal amount of 4.750% Senior Unsecured Notes due December 31, 2024 (the “2019 Notes”). On December 11, 2020, the Company issued $75.0 million in aggregate principal amount of 4.500% Senior Unsecured Notes due December 31, 2024 (the “2020 Notes”, and together with the 2019 Notes, the “Senior Notes”). The Credit Facility, the 2015-1R Notes and the Senior Notes are recorded at carrying value, which approximates fair value. Deferred financing costs include capitalized expenses related to the closing or amendments of the Credit Facility. Amortization of deferred financing costs for the Credit Facility is computed on the straight-line basis over its term. The unamortized balance of such costs is included in deferred financing costs in the accompanying Consolidated Statements of Assets and Liabilities. The amortization of such costs is included in credit facility fees in the accompanying Consolidated Statements of Operations. Debt issuance costs include capitalized expenses including structuring and arrangement fees related to the offering of the 2015-1R Notes and Senior Notes. Amortization of debt issuance costs for the notes is computed on the effective yield method over the term of the notes. The unamortized balance of such costs is presented as a direct deduction to the carrying amount of the notes in the accompanying Consolidated Statements of Assets and Liabilities. The amortization of such costs is included in interest expense in the accompanying Consolidated Statements of Operations. Income Taxes For federal income tax purposes, the Company has elected to be treated as a RIC under the Code, and intends to make the required distributions to its stockholders as specified therein. In order to qualify as a RIC, the Company must meet certain minimum distribution, source-of-income and asset diversification requirements. If such requirements are met, then the Company is generally required to pay income taxes only on the portion of its taxable income and gains it does not distribute. The minimum distribution requirements applicable to RICs require the Company to distribute to its stockholders at least 90% of its investment company taxable income (“ICTI”), as defined by the Code, each year, although depending on the level of ICTI earned in a tax year, the Company may choose to carry forward ICTI in excess of current year distributions into the next tax year. Any such carryover ICTI must be distributed before the end of that next tax year through a dividend declared prior to filing the final tax return related to the year which generated such ICTI. In addition, based on the excise distribution requirements, the Company is subject to a 4% nondeductible federal excise tax on undistributed income unless the Company distributes in a timely manner an amount at least equal to the sum of (1) 98% of its ordinary income for each calendar year, (2) 98.2% of capital gain net income (both long-term and short-term) for the one-year period ending October 31 in that calendar year and (3) any income realized, but not distributed, in the preceding year. For this purpose, however, any ordinary income or capital gain net income retained by the Company that is subject to corporate income tax is considered to have been distributed. The Company intends to make sufficient distributions each taxable year to satisfy the excise distribution requirements. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more likely than not” to be sustained by the applicable tax authority. The SPV and the 2015-1 Issuer are disregarded entities for tax purposes and are consolidated with the tax return of the Company. All penalties and interest associated with income taxes, if any, are included in income tax expense. For the three month and nine month periods ended September 30, 2022, the Company incurred $449 and $978 in excise tax expense, respectively. For the three month and nine month periods ended September 30, 2021, the Company incurred $163 and $426 in excise tax expense, respectively. Dividends and Distributions to Common Stockholders To the extent that the Company has taxable income available, the Company intends to make quarterly distributions to its common stockholders. Dividends and distributions to common stockholders are recorded on the record date. The amount to be distributed is determined by the Board of Directors each quarter and is generally based upon the taxable earnings estimated by management and available cash. Net realized capital gains, if any, are generally distributed at least annually, although the Company may decide to retain such capital gains for investment. Prior to July 5, 2017, the Company had an “opt in” dividend reinvestment plan. Effective on July 5, 2017, the Company converted the “opt in” dividend reinvestment plan to an “opt out” dividend reinvestment plan that provides for reinvestment of dividends and other distributions on behalf of the common stockholders, other than those common stockholders who have “opted out” of the plan. As a result of adopting the plan, if the Board of Directors authorizes, and the Company declares, a cash dividend or distribution, the common stockholders who have not elected to “opt out” of the dividend reinvestment plan will have their cash dividends or distributions automatically reinvested in additional shares of the Company’s common stock, rather than receiving cash. Each registered stockholder may elect to have such stockholder’s dividends and distributions distributed in cash rather than participate in the plan. For any registered stockholder that does not so elect, distributions on such stockholder’s shares will be reinvested by State Street Bank and Trust Company, the Company’s plan administrator, in additional shares. The number of shares to be issued to the stockholder will be determined based on the total dollar amount of the cash distribution payable, net of applicable withholding taxes. The Company intends to use primarily newly issued shares to implement the plan so long as the market value per share is equal to or greater than the net asset value per share on the relevant valuation date. If the market value per share is less than the net asset value per share on the relevant valuation date, the plan administrator would implement the plan through the purchase of common stock on behalf of participants in the open market, unless the Company instructs the plan administrator otherwise. Functional Translations The functional currency of the Company is the U.S. Dollar. Investments are generally made in the local currency of the country in which the investments are domiciled and are translated into U.S. Dollars with foreign currency translation gains or losses recorded within net change in unrealized appreciation (depreciation) on investments in the accompanying Consolidated Statements of Operations. Foreign currency translation gains and losses on non-investment assets and liabilities are separately reflected in the accompanying Consolidated Statements of Operations. Earnings Per Common Share The Company computes earnings per common share in accordance with ASC 260, Earnings Per Share (“ASC 260”). Basic earnings per common share is calculated by dividing the net increase (decrease) in net assets resulting from operations attributable to common stock by the weighted average number of shares of common stock outstanding. Diluted earnings per common share reflects the assumed conversion of all dilutive securities. Recent Accounting Standards Updates |
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS | 9 Months Ended |
Sep. 30, 2022 | |
Fair Value Disclosures [Abstract] | |
FAIR VALUE MEASUREMENTS | FAIR VALUE MEASUREMENTS The Company applies fair value accounting in accordance with the terms of FASB ASC Topic 820, Fair Value Measurement (“ASC 820”). ASC 820 defines fair value as the amount that would be exchanged to sell an asset or transfer a liability in an orderly transfer between market participants at the measurement date. Effective September 8, 2022, the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act, determines in good faith the fair value of the Company’s investment portfolio for which market quotations are not readily available. The Investment Adviser values securities/instruments traded in active markets on the measurement date by multiplying the closing price of such traded securities/instruments by the quantity of shares or amount of the instrument held. The Investment Adviser may also obtain quotes with respect to certain of its investments, such as its securities/instruments traded in active markets and its liquid securities/instruments that are not traded in active markets, from pricing services, brokers, or counterparties (i.e., “consensus pricing”). When doing so, the Investment Adviser determines whether the quote obtained is sufficient according to U.S. GAAP to determine the fair value of the security. The Investment Adviser may use the quote obtained or alternative pricing sources may be utilized including valuation techniques typically utilized for illiquid securities/instruments. Securities/instruments that are illiquid or for which the pricing source does not provide a valuation or methodology or provides a valuation or methodology that, in the judgment of the Investment Adviser, does not represent fair value shall each be valued as of the measurement date using all techniques appropriate under the circumstances and for which sufficient data is available. These valuation techniques may vary by investment and include comparable public market valuations, comparable precedent transaction valuations and/or discounted cash flow analyses. The process generally used to determine the applicable value is as follows: (i) the value of each portfolio company or investment is initially reviewed by the investment professionals responsible for such portfolio company or investment and, for non-traded investments, a standardized template designed to approximate fair market value based on observable market inputs, updated credit statistics and unobservable inputs is used to determine a preliminary value, which is also reviewed alongside consensus pricing, where available; (ii) preliminary valuation conclusions are documented and reviewed by a valuation committee comprised of members of the Investment Adviser; (iii) the Board of Directors engages a third-party valuation firm to provide positive assurance on portions of the Middle Market Senior Loans and equity investments portfolio each quarter (such that each non-traded investment other than Credit Fund is reviewed by a third-party valuation firm at least once on a rolling twelve month basis) including a review of management’s preliminary valuation and conclusion on fair value; (iv) if applicable, prior to September 8, 2022, the Audit Committee of the Board of Directors (the “Audit Committee”) reviewed the assessments of the Investment Adviser and the third-party valuation firm; and (v) if applicable, prior to September 8, 2022, the Board of Directors discussed the valuation recommendations of the Audit Committee and determined the fair value of each investment in the portfolio in good faith based on the input of the Investment Adviser and, where applicable, the third-party valuation firm. All factors that might materially impact the value of an investment are considered, including, but not limited to the assessment of the following factors, as relevant: • the nature and realizable value of any collateral; • call features, put features and other relevant terms of debt; • the portfolio company’s leverage and ability to make payments; • the portfolio company’s public or private credit rating; • the portfolio company’s actual and expected earnings and discounted cash flow; • prevailing interest rates and spreads for similar securities and expected volatility in future interest rates; • the markets in which the portfolio company does business and recent economic and/or market events; and • comparisons to comparable transactions and publicly traded securities. Investment performance data utilized are the most recently available financial statements and compliance certificate received from the portfolio companies as of the measurement date which in many cases may reflect a lag in information. Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Because of the inherent uncertainty of valuation, these estimated values may differ significantly from the values that would have been reported had a ready market for the investments existed, and it is reasonably possible that the difference could be material. In addition, changes in the market environment and other events that may occur over the life of the investments may cause the realized gains or losses on investments to be different from the net change in unrealized appreciation or depreciation currently reflected in the consolidated financial statements as of September 30, 2022 and December 31, 2021. U.S. GAAP establishes a hierarchical disclosure framework which ranks the level of observability of market price inputs used in measuring investments at fair value. The observability of inputs is impacted by a number of factors, including the type of investment and the characteristics specific to the investment and state of the marketplace, including the existence and transparency of transactions between market participants. Investments with readily available quoted prices or for which fair value can be measured from quoted prices in active markets generally have a higher degree of market price observability and a lesser degree of judgment applied in determining fair value. Investments measured and reported at fair value are classified and disclosed based on the observability of inputs used in determination of fair values, as follows: • Level 1—inputs to the valuation methodology are quoted prices available in active markets for identical investments as of the reporting date. Financial instruments in in this category generally include unrestricted securities, including equities and derivatives, listed in active markets. The Investment Adviser does not adjust the quoted price for these investments, even in situations where the Company holds a large position and a sale could reasonably impact the quoted price. • Level 2—inputs to the valuation methodology are either directly or indirectly observable as of the reporting date and are those other than quoted prices in active markets. Financial instruments in this category generally include less liquid and restricted securities listed in active markets, securities traded in other than active markets, government and agency securities, and certain over-the-counter derivatives where the fair value is based on observable inputs. • Level 3—inputs to the valuation methodology are unobservable and significant to overall fair value measurement. The inputs into the determination of fair value require significant management judgment or estimation. Financial instruments in this category generally include investments in privately-held entities, collateralized loan obligations, and certain over-the-counter derivatives where the fair value is based on unobservable inputs. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of input that is significant to the overall fair value measurement. The Investment Adviser’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and considers factors specific to the investment. Investments in Credit Fund and Credit Fund II are valued based on the legal form of investment. For those structured through LLC membership interest, the practical expedient, or net asset value method, is used. For those structured through subordinated notes, a discounted cash flow method is used. Transfers between levels, if any, are recognized at the beginning of the quarter in which the transfers occur. For the three month and nine month periods ended September 30, 2022 and 2021, there were no transfers between levels. The following tables summarize the Company’s investments measured at fair value on a recurring basis by the above fair value hierarchy levels as of September 30, 2022 and December 31, 2021: September 30, 2022 Level 1 Level 2 Level 3 Total Assets First Lien Debt $ — $ — $ 1,328,594 $ 1,328,594 Second Lien Debt — — 263,211 263,211 Equity Investments — — 92,552 92,552 Investment Funds Mezzanine Loan — — — — Subordinated Loan and Member's Interest — — 189,603 189,603 Total $ — $ — $ 1,873,960 $ 1,873,960 Investments measured at net asset value (1) 74,997 Total $ 1,948,957 December 31, 2021 Level 1 Level 2 Level 3 Total Assets First Lien Debt $ — $ — $ 1,232,084 $ 1,232,084 Second Lien Debt — — 341,776 341,776 Equity Investments — — 77,093 77,093 Investment Funds Mezzanine Loan — — — — Subordinated Loan and Member's Interest — — 184,141 184,141 Total $ — $ — $ 1,835,094 $ 1,835,094 Investments measured at net asset value (1) 77,958 Total $ 1,913,052 (1) Amount represents the Company's investment in Credit Fund II. The Company, as a practical expedient, estimates the fair value of this investment using the net asset value of the Company's member's interest in Credit Fund II. As such, the fair value of the Company's investment in Credit Fund II has not been categorized within the fair value hierarchy. The changes in the Company’s investments at fair value for which the Company has used Level 3 inputs to determine fair value and net change in unrealized appreciation (depreciation) included in earnings for Level 3 investments still held are as follows: Financial Assets For the three month period ended September 30, 2022 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,257,282 $ 290,683 $ 78,633 $ 186,767 $ 1,813,365 Purchases 212,886 285 14,623 — 227,794 Sales (79,406) (19,690) — — (99,096) Paydowns (66,139) (7,000) — — (73,139) Accretion of discount 2,615 171 49 — 2,835 Net realized gains (losses) 151 (4,659) — — (4,508) Net change in unrealized appreciation (depreciation) 1,205 3,421 (753) 2,836 6,709 Balance, end of period $ 1,328,594 $ 263,211 $ 92,552 $ 189,603 $ 1,873,960 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 780 $ (834) $ (753) $ 2,836 $ 2,029 Financial Assets For the nine month period ended September 30, 2022 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,232,084 $ 341,776 $ 77,093 $ 184,141 $ 1,835,094 Purchases 518,528 966 18,297 — 537,791 Sales (177,776) (23,703) (5,034) — (206,513) Paydowns (241,555) (43,325) (1,083) — (285,963) Accretion of discount 6,833 912 189 — 7,934 Net realized gains (losses) 3,102 (5,615) 3,898 — 1,385 Net change in unrealized appreciation (depreciation) (12,622) (7,800) (808) 5,462 (15,768) Balance, end of period $ 1,328,594 $ 263,211 $ 92,552 $ 189,603 $ 1,873,960 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ (8,132) $ (7,679) $ (2,295) $ 5,462 $ (12,644) Financial Assets For the three month period ended September 30, 2021 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,246,018 $ 313,130 $ 53,379 $ 181,343 $ 1,793,870 Purchases 213,790 57,365 1,490 — 272,645 Sales (122,671) (3,038) (8,942) — (134,651) Paydowns (72,567) (15,130) (436) — (88,133) Accretion of discount 1,987 502 12 — 2,501 Net realized gains (losses) 590 (12) 6,987 — 7,565 Net change in unrealized appreciation (depreciation) 8,406 (247) 175 7,932 16,266 Balance, end of period $ 1,275,553 $ 352,570 $ 52,665 $ 189,275 $ 1,870,063 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 8,359 $ (207) $ 2,046 $ 7,932 $ 18,130 Financial Assets For the nine month period ended September 30, 2021 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,224,063 $ 284,523 $ 33,877 $ 205,891 $ 1,748,354 Purchases 492,348 120,678 21,523 — 634,549 Sales (277,066) (7,913) (14,151) — (299,130) Paydowns (198,882) (57,526) (436) (23,000) (279,844) Accretion of discount 5,360 1,146 24 — 6,530 Net realized gains (losses) 2,218 (28) 8,993 — 11,183 Net change in unrealized appreciation (depreciation) 27,512 11,690 2,835 6,384 48,421 Balance, end of period $ 1,275,553 $ 352,570 $ 52,665 $ 189,275 $ 1,870,063 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held as of the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 24,914 $ 11,847 $ 4,553 $ 6,384 $ 47,698 The Company generally uses the following framework when determining the fair value of investments that are categorized as Level 3: Investments in debt securities are initially evaluated to determine whether the enterprise value of the portfolio company is greater than the applicable debt. The enterprise value of the portfolio company is estimated using a market approach and an income approach. The market approach utilizes market value (EBITDA) multiples of publicly traded comparable companies and available precedent sales transactions of comparable companies. The Investment Adviser carefully considers numerous factors when selecting the appropriate companies whose multiples are used to value the Company’s portfolio companies. These factors include, but are not limited to, the type of organization, similarity to the business being valued, relevant risk factors, as well as size, profitability and growth expectations. The income approach typically uses a discounted cash flow analysis of the portfolio company. Investments in debt securities that do not have sufficient coverage through the enterprise value analysis are valued based on an expected probability of default and discount recovery analysis. Investments in debt securities with sufficient coverage through the enterprise value analysis are generally valued using a discounted cash flow analysis of the underlying security. Projected cash flows in the discounted cash flow typically represent the relevant security’s contractual interest, fees and principal payments plus the assumption of full principal recovery at the security’s expected maturity date. The discount rate to be used is determined using an average of two market-based methodologies. Investments in debt securities may also be valued using consensus pricing. Investments in equities are generally valued using a market approach and/or an income approach. The market approach utilizes market value (EBITDA) multiples of publicly traded comparable companies and available precedent sales transactions of comparable companies. The income approach typically uses a discounted cash flow analysis of the portfolio company. Investments in Credit Fund’s mezzanine loan are valued using collateral analysis with the expected recovery rate of principal and interest. Investments in Credit Fund’s subordinated loan and member’s interest are valued using discounted cash flow analysis with the expected discount rate, default rate and recovery rate of principal and interest. The following tables summarize the quantitative information related to the significant unobservable inputs for Level 3 instruments which are carried at fair value as of September 30, 2022 and December 31, 2021: Fair Value as of September 30, 2022 Valuation Techniques Significant Unobservable Inputs Range Low High Weighted Average Investments in First Lien Debt $ 1,151,132 Discounted Cash Flow Discount Rate 4.82 % 17.13 % 8.67 % 111,546 Consensus Pricing Indicative Quotes 97.00 100.00 98.27 65,916 Income Approach Discount Rate 11.85 % 15.31 % 13.91 % Market Approach Comparable Multiple 9.17x 9.34x 9.24x Total First Lien Debt 1,328,594 Investments in Second Lien Debt 263,211 Discounted Cash Flow Discount Rate 9.05 % 13.25 % 9.86 % Total Second Lien Debt 263,211 Investments in Equity 92,552 Income Approach Discount Rate 7.22 % 11.85 % 8.76 % Market Approach Comparable Multiple 9.07x 18.47x 10.85x Total Equity Investments 92,552 Investments in Investment Fund Subordinated Loan and 189,603 Discounted Cash Flow Discount Rate 10.00 % 10.00 % 10.00 % Discounted Cash Flow Default Rate 3.00 % 3.00 % 3.00 % Discounted Cash Flow Recovery Rate 65.00 % 65.00 % 65.00 % Total Investments in Investment Fund 189,603 Total Level 3 Investments $ 1,873,960 Fair Value as of December 31, 2021 Valuation Techniques Significant Unobservable Inputs Range Low High Weighted Average Investments in First Lien Debt $ 981,627 Discounted Cash Flow Discount Rate 3.90 % 14.21 % 7.70 % 185,432 Consensus Pricing Indicative Quotes 90.00 100.00 97.69 65,025 Income Approach Discount Rate 11.55 % 13.18 % 12.24 % Market Approach Comparable Multiple 6.68x 8.16x 7.53x Total First Lien Debt 1,232,084 Investments in Second Lien Debt 299,664 Discounted Cash Flow Discount Rate 7.11 % 15.83 % 9.46 % 42,112 Consensus Pricing Indicative Quotes 97.25 98.00 97.49 Total Second Lien Debt 341,776 Investments in Equity 77,093 Income Approach Discount Rate 7.22 % 11.55 % 8.38 % Market Approach Comparable Multiple 8.16x 16.43x 11.26x Total Equity Investments 77,093 Investment in Investment Fund Subordinated Loan and Member's Interest 184,141 Discounted Cash Flow Discount Rate 8.50 % 8.50 % 8.50 % Discounted Cash Flow Default Rate 3.00 % 3.00 % 3.00 % Discounted Cash Flow Recovery Rate 65.00 % 65.00 % 65.00 % Total Investments in Investment Fund 184,141 Total Level 3 Investments $ 1,835,094 The significant unobservable inputs used in the fair value measurement of the Company’s investments in first and second lien debt securities are discount rates, indicative quotes and comparable EBITDA multiples. Significant increases in discount rates in isolation would result in a significantly lower fair value measurement. Significant decreases in indicative quotes or comparable EBITDA multiples in isolation may result in a significantly lower fair value measurement. The significant unobservable inputs used in the fair value measurement of the Company’s investments in equities are discount rates and comparable EBITDA multiples. Significant increases in discount rates in isolation would result in a significantly lower fair value measurement. Significant decreases in comparable EBITDA multiples in isolation would result in a significantly lower fair value measurement. The significant unobservable input used in the fair value measurement of the Company’s investment in the mezzanine loan of Credit Fund is the recovery rate of principal and interest. A significant decrease in the recovery rate would result in a significantly lower fair value measurement. The significant unobservable inputs used in the fair value measurement of the Company’s investments in the subordinated loan and member’s interest of Credit Fund are the discount rate, default rate and recovery rate. Significant increases in the discount rate or default rate in isolation would result in a significantly lower fair value measurement. A significant decrease in the recovery rate in isolation would result in a significantly lower fair value measurement. Financial instruments disclosed but not carried at fair value The following table presents the carrying value and fair value of the Company’s secured borrowings and senior unsecured notes disclosed but not carried at fair value as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value Secured borrowings $ 423,959 $ 423,959 $ 407,655 $ 407,655 2019 Notes 115,000 105,191 115,000 117,300 2020 Notes 75,000 69,012 75,000 75,530 Total $ 613,959 $ 598,162 $ 597,655 $ 600,485 The carrying values of the secured borrowings generally approximate their respective fair values due to their variable interest rates. Secured borrowings are categorized as Level 3 within the hierarchy. The carrying values of the Senior Notes approximate their respective fair values. The Senior Notes are categorized as Level 3 within the hierarchy and are valued generally using discounted cash flow analysis. The significant unobservable inputs used in the fair value measurement of the Company’s Senior Notes are discount rates. Significant increases in discount rates in isolation would result in a significantly lower fair value measurement. The following table represents the carrying values (before debt issuance costs) and fair values of the Company’s 2015-1R Notes disclosed but not carried at fair value as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value Aaa/AAA Class A-1-1-R Notes $ 234,800 $ 227,592 $ 234,800 $ 234,941 Aaa/AAA Class A-1-2-R Notes 50,000 48,710 50,000 50,075 Aaa/AAA Class A-1-3-R Notes 25,000 23,595 25,000 24,680 AA Class A-2-R Notes 66,000 63,327 66,000 66,003 A Class B Notes 46,400 45,296 46,400 46,430 BBB- Class C Notes 27,000 26,123 27,000 26,714 Total $ 449,200 $ 434,643 $ 449,200 $ 448,843 The fair value determination of the Company’s notes payable was based on the market quotation(s) received from broker/dealer(s). These fair value measurements were based on significant inputs not observable and thus represent Level 3 measurements as defined in the accounting guidance for fair value measurement. The carrying value of other financial assets and liabilities approximates their fair value based on the short term nature of these items. |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 9 Months Ended |
Sep. 30, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | RELATED PARTY TRANSACTIONS Investment Advisory Agreement On April 3, 2013, the Company’s Board of Directors, including a majority of the directors who are not “interested persons” as defined in Section 2(a)(19) of the Investment Company Act (the “Independent Directors”), approved an investment advisory agreement (the “Original Investment Advisory Agreement”) between the Company and the Investment Adviser in accordance with, and on the basis of an evaluation satisfactory to such directors as required by, Section 15(c) of the Investment Company Act. The Original Investment Advisory Agreement was amended on September 15, 2017 and August 6, 2018 after receipt of requisite Board and stockholders' approvals, as applicable (as amended, the “Investment Advisory Agreement”). Unless terminated earlier, the Investment Advisory Agreement renews automatically for successive annual periods, provided that such continuance is specifically approved at least annually by the vote of the Board of Directors and by the vote of a majority of the Independent Directors. On May 9, 2022, the Company’s Board of Directors, including a majority of the Independent Directors, approved at an in-person meeting the continuance of the Company’s Investment Advisory Agreement with the Adviser for an additional one year term. The Investment Advisory Agreement will automatically terminate in the event of an assignment and may be terminated by either party without penalty upon at least 60 days’ written notice to the other party. Subject to the overall supervision of the Board of Directors, the Adviser provides investment advisory services to the Company. For providing these services, the Adviser receives fees from the Company consisting of two components—a base management fee and an incentive fee. The base management fee has been calculated and payable quarterly in arrears at an annual rate of 1.50% of the average value of the gross assets at the end of the two most recently completed fiscal quarters; provided, however, effective July 1, 2018, the base management fee is calculated at an annual rate of 1.00% of the average value of the gross assets as of the end of the two most recently completed calendar quarters that exceeds the product of (A) 200% and (B) the average value of the Company’s net asset value at the end of the two most recently completed calendar quarters. The base management fee will be appropriately adjusted for any share issuances or repurchases during such fiscal quarter and the base management fees for any partial month or quarter will be pro-rated. The Company’s gross assets exclude any cash and cash equivalents and include assets acquired through the incurrence of debt from the use of leverage. For purposes of this calculation, cash and cash equivalents include any temporary investments in cash-equivalents, U.S. government securities and other high quality investment grade debt investments that mature in 12 months or less from the date of investment. The incentive fee has two parts. The first part is calculated and payable quarterly in arrears based on the pre-incentive fee net investment income for the immediately preceding calendar quarter. The second part is determined and payable in arrears based on capital gains as of the end of each calendar year. Pre-incentive fee net investment income means interest income, dividend income and any other income (including any other fees (other than fees for providing managerial assistance), such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the operating expenses accrued for the quarter (including the base management fee, expenses payable under the administration agreement, and any interest expense or fees on any credit facilities or outstanding debt and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-incentive fee net investment income includes, in the case of investments with a deferred interest feature, accrued income that the Company has not yet received in cash. Pre-incentive fee net investment income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. Pre-incentive fee net investment income, expressed as a rate of return on the value of the Company’s net assets at the end of the immediately preceding calendar quarter, has been compared to a “hurdle rate” of 1.50% per quarter (6% annualized) or a “catch-up rate” of 1.82% per quarter (7.28% annualized), as applicable. Pursuant to the Investment Advisory Agreement, the Company pays its Investment Adviser an incentive fee with respect to its pre-incentive fee net investment income in each calendar quarter as follows: • no incentive fee based on pre-incentive fee net investment income in any calendar quarter in which its pre-incentive fee net investment income does not exceed the hurdle rate of 1.50%; • 100% of pre-incentive fee net investment income with respect to that portion of such pre-incentive fee net investment income, if any, that exceeds the hurdle rate but is less than 1.82% in any calendar quarter (7.28% annualized). The Company refers to this portion of the pre-incentive fee net investment income (which exceeds the hurdle rate but is less than 1.82%) as the “catch-up.” The “catch-up” is meant to provide the Investment Adviser with approximately 17.5% of the Company’s pre-incentive fee net investment income as if a hurdle rate did not apply if this net investment income exceeds 1.82% in any calendar quarter; and • 17.5% of the amount of pre-incentive fee net investment income, if any, that exceeds 1.82% in any calendar quarter (7.28% annualized) will be payable to the Investment Adviser. This reflects that once the hurdle rate is reached and the catch-up is achieved, 17.5% of all pre-incentive fee net investment income thereafter is allocated to the Investment Adviser. The second part of the incentive fee is determined and payable in arrears as of the end of each calendar year (or upon termination of the Investment Advisory Agreement, as of the termination date), and equals 17.5% of realized capital gains, if any, on a cumulative basis from inception through the date of determination, computed net of all realized capital losses on a cumulative basis and unrealized capital depreciation, less the aggregate amount of any previously paid capital gain incentive fees, provided that, the incentive fee determined at the end of the first calendar year of operations may be calculated for a period of shorter than twelve calendar months to take into account any realized capital gains computed net of all realized capital losses on a cumulative basis and unrealized capital depreciation. Below is a summary of the base management fees and incentive fees incurred during the three month and nine month periods ended September 30, 2022 and 2021. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Base management fees $ 7,262 $ 7,233 $ 21,425 $ 21,024 Incentive fees on pre-incentive fee net investment income 6,451 4,516 16,137 13,193 Realized capital gains incentive fees — — — — Accrued capital gains incentive fees — — — — Total capital gains incentive fees — — — — Total incentive fees 6,451 4,516 16,137 13,193 Total base management fees and incentive fees $ 13,713 $ 11,749 $ 37,562 $ 34,217 Accrued capital gains incentive fees are based upon the cumulative net realized and unrealized appreciation (depreciation) from inception. Accordingly, the accrual for any capital gains incentive fee under U.S. GAAP in a given period may result in an additional expense if such cumulative amount is greater than in the prior period or a reduction of previously recorded expense if such cumulative amount is less than in the prior period. If such cumulative amount is negative, then there is no accrual. As of September 30, 2022 and December 31, 2021, $13,748 and $11,819, respectively, was included in base management and incentive fees payable in the accompanying Consolidated Statements of Assets and Liabilities. On April 3, 2013, the Investment Adviser entered into a personnel agreement with The Carlyle Group Employee Co., L.L.C. (“Carlyle Employee Co.”), an affiliate of the Investment Adviser, pursuant to which Carlyle Employee Co. provides the Investment Adviser with access to investment professionals. Administration Agreement On April 3, 2013, the Company's Board of Directors approved the Administration Agreement (the “Administration Agreement”) between the Company and the Administrator. Pursuant to the Administration Agreement, the Administrator provides services and receives reimbursements equal to an amount that reimburses the Administrator for its costs and expenses and the Company’s allocable portion of overhead incurred by the Administrator in performing its obligations under the Administration Agreement, including the Company’s allocable portion of the compensation paid to or compensatory distributions received by the Company’s officers (including the Chief Financial Officer, Chief Compliance Officer, and Treasurer) and respective staff who provide services to the Company, operations staff who provide services to the Company, and any internal audit staff, to the extent internal audit performs a role in the Company’s Sarbanes-Oxley Act of 2002, as amended (the “Sarbanes-Oxley Act”), internal control assessment. Reimbursement under the Administration Agreement occurs quarterly in arrears. Unless terminated earlier, the Administration Agreement will renew automatically for successive annual periods, provided that such continuance is specifically approved at least annually by (i) the vote of the Board of Directors or by a majority vote of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s Independent Directors. On May 9, 2022, the Company's Board of Directors, including a majority of the Independent Directors, approved the continuance of the Administration Agreement for a one-year period. The Administration Agreement may not be assigned by a party without the consent of the other party and may be terminated by either party without penalty upon at least 60 days’ written notice to the other party. For the three month periods ended September 30, 2022 and 2021, the Company incurred $470 and $400, respectively, in fees under the Administration Agreement. For the nine month periods ended September 30, 2022 and 2021, the Company incurred $1,337 and $1,057, respectively, in fees under the Administration Agreement. These fees are included in administrative service fees in the accompanying Consolidated Statements of Operations. As of September 30, 2022 and December 31, 2021, $1,409 and $482, respectively, was unpaid and included in administrative service fees payable in the accompanying Consolidated Statements of Assets and Liabilities. Sub-Administration Agreements On April 3, 2013, the Administrator entered into a sub-administration agreement with Carlyle Employee Co. (the “Carlyle Sub-Administration Agreement”). Pursuant to the Carlyle Sub-Administration Agreement, Carlyle Employee Co. provides the Administrator with access to personnel. On April 3, 2013, the Administrator entered into a sub-administration agreement with State Street Bank and Trust Company (“State Street” and, such agreement, the “State Street Sub-Administration Agreement” and, together with the Carlyle Sub-Administration Agreement, the “Sub-Administration Agreements”). Unless terminated earlier, the State Street Sub-Administration Agreement renew automatically for successive annual periods, provided that such continuance is specifically approved at least annually by (i) the vote of the Board of Directors or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s Independent Directors. On May 9, 2022, the Company's Board of Directors, including a majority of the Independent Directors, approved the continuance of the State Street Sub-Administration Agreement for a one-year period. The State Street Sub-Administration Agreement may be terminated upon at least 60 days’ written notice and without penalty by the vote of a majority of the outstanding securities of the Company, or by the vote of the Board of Directors or by either party to the State Street Sub-Administration Agreement. For the three month periods ended September 30, 2022 and 2021, the Company incurred $271 and $169, respectively, in fees under the State Street Sub-Administration Agreement. For the nine month periods ended September 30, 2022 and 2021, the Company incurred $620 and $504, respectively, in fees under the State Street Sub-Administration Agreement. These fees are included in other general and administrative expenses in the accompanying Consolidated Statements of Operations. As of September 30, 2022 and December 31, 2021, $887 and $682, respectively, was unpaid and included in other accrued expenses and liabilities in the accompanying Consolidated Statements of Assets and Liabilities. License Agreement The Company has entered into a royalty free license agreement with CIM, which wholly owns our Adviser and is a wholly owned subsidiary of Carlyle, pursuant to which CIM has granted the Company a non-exclusive, revocable and non-transferable license to use the name and mark “Carlyle.” Board of Directors The Company’s Board of Directors currently consists of seven members, four of whom are Independent Directors. The Board of Directors has established an Audit Committee, a Pricing Committee, a Nominating and Governance Committee and a Compensation Committee, the members of each of which consist entirely of the Company’s Independent Directors. The Board of Directors may establish additional committees in the future. For the three month periods ended September 30, 2022 and 2021, the Company incurred $173 and $154, respectively, in fees and expenses associated with its Independent Directors' services on the Company's Board of Directors and its committees. For the nine month periods ended September 30, 2022 and 2021, the Company incurred $519 and $420, respectively, in fees and expenses associated with its Independent Directors' services on the Company's Board of Directors and its committees. As of September 30, 2022 and December 31, 2021, $1 and $142, respectively, in fees or expenses associated with its Independent Directors were payable, and included in other accrued expenses and liabilities in the accompanying Consolidated Statements of Assets and Liabilities. Transactions with Investment Funds For the three and nine month periods ended September 30, 2022, the Company sold 3 and 6 investments, respectively, to Credit Fund for proceeds of $31,014 and $84,534, respectively, and realized gain (loss) of $121 and $48, respectively. For the three and nine month periods ended September 30, 2021, the Company sold 5 and 8 investments, respectively, to Credit Fund for proceeds of $67,519 and $118,204, respectively, and realized gain (loss) of $388 and $1,075, respectively. See Note 5, Middle Market Credit Fund, LLC, for further information about Credit Fund. For the three and nine month periods ended September 30, 2022, the Company sold 5 and 9 investments, respectively, to Credit Fund II for proceeds of $27,429 and $59,222, respectively, and realized gain (loss) of $(421) and $(842), respectively. For the three and nine month periods ended September 30, 2021, the Company sold 5 and 10 investments, respectively, to Credit Fund II for proceeds of $20,923 and $40,687, respectively, and realized gain (loss) of $155 and $237, respectively. See Note 6, Middle Market Credit Fund II, LLC, for further information about Credit Fund II. Cumulative Convertible Preferred Stock On May 5, 2020, the Company issued and sold 2,000,000 shares of the Preferred Stock to an affiliate of Carlyle in a private placement at a price of $25 per share. For the three and nine month periods ended September 30, 2022, the Company declared and paid dividends on the Preferred Stock of $875 and $2,625, respectively. For the three and nine month periods ended September 30, 2021, the Company declared and paid dividends on the Preferred Stock of $875 and $2,625. See Note 10, Net Assets, for further information about the Preferred Stock. |
MIDDLE MARKET CREDIT FUND, LLC
MIDDLE MARKET CREDIT FUND, LLC | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
MIDDLE MARKET CREDIT FUND, LLC | MIDDLE MARKET CREDIT FUND, LLC Overview On February 29, 2016, the Company and Credit Partners entered into an amended and restated limited liability company agreement, which was subsequently amended and restated on June 24, 2016, February 22, 2021 and May 16, 2022 (as amended, the “Limited Liability Company Agreement”) to co-manage Credit Fund, a Delaware limited liability company that is not consolidated in the Company’s consolidated financial statements. Credit Fund primarily invests in first lien loans of middle market companies. Credit Fund is managed by a six-member board of managers, on which the Company and Credit Partners each have equal representation. Establishing a quorum for Credit Fund’s board of managers requires at least four members to be present at a meeting, including at least two of the Company’s representatives and two of Credit Partners’ representatives. The Company and Credit Partners each have 50% economic ownership of Credit Fund and have commitments to fund, from time to time, capital of up to $250,000 each. Funding of such commitments generally requires the approval of the board of Credit Fund, including the board members appointed by the Company. By virtue of its membership interest, the Company and Credit Partners each indirectly bear an allocable share of all expenses and other obligations of Credit Fund. Together with Credit Partners, the Company co-invests through Credit Fund. Investment opportunities for Credit Fund are sourced primarily by the Company and its affiliates. Portfolio and investment decisions with respect to Credit Fund must be unanimously approved by a quorum of Credit Fund’s investment committee consisting of an equal number of representatives of the Company and Credit Partners. Therefore, although the Company owns more than 25% of the voting securities of Credit Fund, the Company does not believe that it has control over Credit Fund (other than for purposes of the Investment Company Act). Middle Market Credit Fund SPV, LLC (the “Credit Fund Sub”), MMCF CLO 2019-2, LLC (the “2019-2 Issuer”) and MMCF Warehouse II, LLC (the “Credit Fund Warehouse II”), each a Delaware limited liability company, were formed on April 5, 2016, November 26, 2018 and August 16, 2019, respectively. Credit Fund Sub, the 2019-2 Issuer, and Credit Fund Warehouse II are wholly owned subsidiaries of Credit Fund and are consolidated in Credit Fund’s consolidated financial statements commencing from the date of their respective formations. In August 2021, the 2019-2 Notes, as defined below, were redeemed and repaid in full. Credit Fund Sub and Credit Fund Warehouse II primarily invest in first lien loans of middle market companies. Credit Fund and its wholly owned subsidiaries follow the same Internal Risk Rating System as the Company. Refer to “Debt” below for discussions regarding the credit facilities entered into and the notes issued by such wholly-owned subsidiaries. Credit Fund, the Company and Credit Partners entered into an administration agreement with Carlyle Global Credit Administration L.L.C., the administrative agent of Credit Fund (in such capacity, the “Credit Fund Administrative Agent”), pursuant to which the Credit Fund Administrative Agent is delegated certain administrative and non-discretionary functions, is authorized to enter into sub-administration agreements at the expense of Credit Fund with the approval of the board of managers of Credit Fund, and is reimbursed by Credit Fund for its costs and expenses and Credit Fund’s allocable portion of overhead incurred by the Credit Fund Administrative Agent in performing its obligations thereunder. Selected Financial Data Since inception of Credit Fund and through September 30, 2022 and December 31, 2021, the Company and Credit Partners each made capital contributions of $1 and $1 in members’ equity, respectively, and $216,000 and $216,000 in subordinated loans, respectively, to Credit Fund. On May 25, 2021, the Company and Credit Partners received an aggregate return of capital on the subordinated loans of $46,000, of which the Company received $23,000. Below is certain summarized consolidated financial information for Credit Fund as of September 30, 2022 and December 31, 2021. As of September 30, 2022 December 31, 2021 (unaudited) Selected Consolidated Balance Sheet Information ASSETS Investments, at fair value (amortized cost of $941,134 and $940,092, respectively) $ 896,207 $ 926,959 Cash, cash equivalents and restricted cash (1) 24,991 54,041 Other assets 8,340 7,698 Total assets $ 929,538 $ 988,698 LIABILITIES AND MEMBERS’ EQUITY Secured borrowings $ 571,621 $ 600,651 Other liabilities 21,122 19,828 Subordinated loans and members’ equity (2) 336,795 368,219 Liabilities and members’ equity $ 929,538 $ 988,698 (1) As of September 30, 2022 and December 31, 2021, $10,950 and $10,816, respectively, of Credit Fund's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the subordinated loans and members’ equity was $189,603 and $184,141, respectively. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income $ 18,563 $ 17,124 $ 48,049 $ 50,951 Expenses Interest and credit facility expenses 6,858 6,701 15,983 17,437 Other expenses 410 510 1,507 1,532 Total expenses 7,268 7,211 17,490 18,969 Net investment income (loss) 11,295 9,913 30,559 31,982 Net realized gain (loss) on investments (189) 220 (189) (1,473) Net change in unrealized appreciation (depreciation) on investments (4,757) 1,500 (31,795) 15,693 Net increase (decrease) resulting from operations $ 6,349 $ 11,633 $ (1,425) $ 46,202 Below is a summary of Credit Fund’s portfolio, followed by a listing of the loans in Credit Fund’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 942,952 $ 942,930 Weighted average yields of senior secured loans based on amortized cost (2) 8.59 % 6.04 % Weighted average yields of senior secured loans based on fair value (2) 8.96 % 6.09 % Number of portfolio companies in Credit Fund 44 45 Average amount per portfolio company (1) $ 21,431 $ 20,954 Number of loans on non-accrual status — — Fair value of loans on non-accrual status $ — $ — Percentage of portfolio at floating interest rates (3)(4) 100.0 % 100.0 % Percentage of portfolio at fixed interest rates (4) — % — % Fair value of loans with PIK provisions $ 16,302 $ — Percentage of portfolio with PIK provisions (4) 1.8 % — % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of original issue discount (“OID”) and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(7) Aerospace & Defense LIBOR 4.50% 8.12% 3/31/2028 $ 37,278 $ 36,780 $ 36,368 Acrisure, LLC + (2)(3) Diversified Financial Services LIBOR 3.50% 6.62% 2/13/2027 25,182 25,162 23,294 Analogic Corporation ^+ (2)(3)(7) Capital Equipment LIBOR 5.25% 8.07% 6/22/2024 20,161 20,150 19,630 Anchor Packaging, Inc. + (2)(3) Containers, Packaging & Glass LIBOR 4.00% 7.12% 7/18/2026 24,284 24,210 23,464 API Technologies Corp. + (2)(3) Aerospace & Defense LIBOR 4.25% 7.92% 5/9/2026 14,512 14,471 13,227 Aptean, Inc. + (2)(3) Software LIBOR 4.25% 7.32% 4/23/2026 12,062 12,026 11,459 Avalign Technologies, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 7.62% 12/22/2025 14,331 14,259 14,003 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 11,160 11,073 11,002 Chartis Holding, LLC ^+ (2)(3)(7) Business Services LIBOR 5.25% 6.38% 5/1/2025 6,911 6,911 6,862 Chemical Computing Group ULC (Canada) ^+ (2)(3)(7) Software LIBOR 4.50% 7.64% 8/30/2024 13,805 13,563 13,576 Diligent Corporation ^+ (2)(3)(7) Telecommunications LIBOR 6.25% 9.11% 8/4/2025 10,044 9,855 9,715 Divisions Holding Corporation + (2)(3) Business Services LIBOR 4.75% 7.87% 5/27/2028 24,750 24,543 23,667 DTI Holdco, Inc. + (2)(3) High Tech Industries SOFR 4.75% 7.33% 4/26/2029 30,000 29,429 28,450 Eliassen Group, LLC + (2)(3) Business Services SOFR 5.75% 9.30% 4/14/2028 19,424 19,187 19,178 EPS Nass Parent, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 5.75% 9.42% 4/19/2028 33,810 33,208 32,851 EvolveIP, LLC ^+ (2)(3)(6)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 40,494 40,460 39,816 Exactech, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 6.87% 2/14/2025 21,138 21,071 18,882 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.75% 8.89% 9/18/2023 14,552 14,277 14,552 GSM Acquisition Corp. ^+ (2)(3)(6)(7) Leisure Products & Services SOFR 5.00% 8.73% 11/16/2026 30,207 29,944 28,849 Heartland Home Services, Inc + (2)(3) Consumer Services LIBOR 5.75% 8.80% 12/15/2026 7,260 7,171 7,143 Heartland Home Services, Inc + (2)(3)(7) Consumer Services LIBOR 6.00% 9.12% 12/15/2026 24,317 24,233 24,121 Higginbotham Insurance Agency, Inc. + (2)(3) Diversified Financial Services LIBOR 5.25% 8.37% 11/25/2026 4,500 4,438 4,417 HMT Holding Inc. ^+ (2)(3)(6)(7) Energy: Oil & Gas SOFR 6.25% 9.27% 11/17/2025 32,232 32,086 30,289 Integrity Marketing Acquisition, LLC ^+ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 44,004 43,572 41,830 Jensen Hughes, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 4.50% 7.29% 3/22/2024 34,127 34,097 33,105 K2 Insurance Services, LLC ^+ (2)(3)(7) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 12,831 12,832 12,780 KAMC Holdings, Inc. + (2)(3) Energy: Electricity LIBOR 4.00% 7.07% 8/14/2026 13,580 13,540 10,983 KBP Investments, LLC + (2)(3)(7) Beverage & Food LIBOR 5.50% 8.40% 5/25/2027 37,173 36,966 34,700 Odyssey Logistics & Technology Corp. ^+ (2)(3) Transportation: Cargo LIBOR 4.00% 6.81% 10/12/2024 9,530 9,512 9,196 Output Services Group + (2)(3) Media: Advertising, Printing & Publishing SOFR 5.25%, 1.50% PIK 9.80% 6/27/2026 19,168 19,145 13,519 PF Atlantic Holdco 2, LLC + (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 15,435 15,196 15,167 Premise Health Holding Corp. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 7.92% 7/10/2025 13,341 13,312 13,244 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) QW Holding Corporation ^+ (2)(3)(7) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 $ 21,630 $ 21,483 $ 21,147 Radiology Partners, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 7.32% 7/9/2025 27,686 27,619 24,173 RevSpring Inc. + (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.00% 7.67% 10/11/2025 28,924 28,803 27,694 Riveron Acquisition Holdings, Inc. + (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 11,314 11,314 11,314 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 8.62% 12/30/2026 14,738 14,625 14,715 Turbo Buyer, Inc. + (2)(3)(7) Automotive LIBOR 6.00% 8.88% 12/2/2025 34,339 34,115 33,641 U.S. TelePacific Holdings Corp. + (2)(3)(6) Telecommunications SOFR 1.00%, 7.25% PIK 11.32% 5/2/2026 6,957 6,944 2,783 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 9.67% 10/19/2027 14,883 14,625 14,300 VRC Companies, LLC ^+ (2)(3)(7) Business Services LIBOR 5.50% 9.25% 6/29/2027 28,965 28,599 28,093 Welocalize, Inc. ^+ (2)(3)(7) Business Services LIBOR 4.75% 7.87% 12/23/2024 33,885 33,617 32,764 WRE Holding Corp. ^+ (2)(3)(6)(7) Environmental Industries SOFR 5.25% 8.79% 1/3/2025 8,428 8,426 8,268 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 8.80% 9/13/2027 39,600 38,921 37,976 First Lien Debt Total $ 935,770 $ 896,207 Equity Investments (—% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 941,134 $ 896,207 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility with the Company (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund’s variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Loans include a credit spread adjustment that ranges from 0.10% to 0.43%. (7) As of September 30, 2022, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt – unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38% $ 4,289 $ (94) Analogic Corporation Revolver 0.50 339 (9) Chartis Holding, LLC Revolver 0.50 2,183 (12) Chemical Computing Group ULC (Canada) Revolver 0.50 873 (14) Diligent Corporation Revolver 0.50 351 (11) EPS Nass Parent, Inc. Delayed Draw 0.50 1,488 (39) EPS Nass Parent, Inc. Revolver 1.00 1,380 (36) EvolveIP, LLC Revolver 0.50 2,757 (43) GSM Acquisition Corp. Delayed Draw 1.00 825 (36) Heartland Home Services, Inc Revolver 0.50 771 (6) HMT Holding Inc. Revolver 0.50 6,173 (312) Jensen Hughes, Inc. Revolver 0.50 2,000 (57) K2 Insurance Services, LLC Revolver 0.50 1,170 (4) KBP Investments, LLC Delayed Draw 1.00 2,598 (162) QW Holding Corporation Revolver 0.50 5,498 (98) Turbo Buyer, Inc. Revolver 0.50 933 (18) VRC Companies, LLC Revolver 0.50 708 (21) Welocalize, Inc. Revolver 0.50 3,375 (96) Welocalize, Inc. Revolver 0.50 2,250 (64) WRE Holding Corp. Revolver 0.50 849 (15) Total unfunded commitments $ 40,810 $ (1,147) Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(6) Aerospace & Defense LIBOR 4.25% 5.50% 3/31/2028 $ 34,477 $ 33,913 $ 34,477 Acrisure, LLC +# (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 3.50% 3.78% 2/13/2027 25,376 25,353 25,203 Acrisure, LLC + (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 4.25% 4.75% 2/13/2027 6,700 6,650 6,687 Analogic Corporation ^+ (2)(3)(6) Capital Equipment LIBOR 5.25% 6.25% 6/22/2024 19,796 19,781 19,587 Anchor Packaging, Inc. +# (2)(3) Containers, Packaging & Glass LIBOR 4.00% 4.10% 7/18/2026 24,472 24,385 24,215 API Technologies Corp. +# (2)(3) Aerospace & Defense LIBOR 4.25% 4.35% 5/9/2026 14,625 14,575 14,251 Aptean, Inc. +# (2)(3) Software LIBOR 4.25% 4.35% 4/23/2026 12,157 12,113 12,087 Avalign Technologies, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 4.63% 12/22/2025 14,443 14,354 14,320 Avenu Holdings, LLC + (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 23,350 23,350 23,350 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 11,244 11,143 11,071 Chartis Holding, LLC + (2)(3)(6) Business Services LIBOR 5.50% 6.50% 5/1/2025 6,964 6,964 6,964 Chemical Computing Group ULC (Canada) ^+ (2)(3)(6) Software LIBOR 4.50% 5.50% 8/30/2024 13,912 13,480 13,845 Chudy Group, LLC ^+ (2)(3)(6) Healthcare & Pharmaceuticals LIBOR 5.75% 6.75% 6/30/2027 33,021 32,465 33,657 Diligent Corporation ^+ (2)(3)(6) Telecommunications LIBOR 6.25% 7.25% 8/4/2025 9,049 8,816 9,228 Divisions Holding Corporation +# (2)(3) Business Services LIBOR 4.75% 5.50% 5/27/2028 24,938 24,706 24,953 DTI Holdco, Inc. + (2)(3) High Tech Industries LIBOR 4.75% 5.75% 9/30/2023 18,495 18,442 18,237 Eliassen Group, LLC + (2)(3) Business Services LIBOR 4.50% 4.60% 11/5/2024 15,159 15,103 15,152 EPS Nass Parent, Inc. ^+ (2)(3)(6) Utilities: Electric LIBOR 5.75% 6.75% 4/19/2028 32,846 32,169 32,507 EvolveIP, LLC ^+ (2)(3)(6) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 40,196 40,126 39,973 Exactech, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 4.75% 2/14/2025 21,307 21,221 21,073 Excel Fitness Holdings, Inc. +# (2)(3) Hotel, Gaming & Leisure LIBOR 5.25% 6.25% 10/7/2025 24,500 24,336 24,500 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.25% 6.25% 9/18/2023 14,736 14,269 14,736 GSM Acquisition Corp. ^+ (2)(3)(6) Hotel, Gaming & Leisure LIBOR 5.00% 6.00% 11/16/2026 25,623 25,331 25,396 Heartland Home Services, Inc + (2)(3)(6) Consumer Services LIBOR 6.00% 7.00% 12/15/2026 17,664 17,664 17,735 HMT Holding Inc. ^+ (2)(3)(6) Energy: Oil & Gas LIBOR 5.75% 6.75% 11/17/2023 32,484 32,245 31,086 Integrity Marketing Acquisition, LLC ^+ (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 8/27/2025 32,853 32,309 32,403 Jensen Hughes, Inc. + (2)(3)(6) Utilities: Electric LIBOR 4.50% 5.50% 3/22/2024 34,392 34,347 33,395 K2 Insurance Services, LLC + (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 12,929 12,929 12,906 KAMC Holdings, Inc. +# (2)(3) Energy: Electricity LIBOR 4.00% 4.18% 8/14/2026 13,685 13,638 11,450 KBP Investments, LLC + (2)(3)(6) Beverage, Food & Tobacco LIBOR 5.00% 5.75% 5/25/2027 36,973 36,599 36,570 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Odyssey Logistics & Technology Corp. +# (2)(3) Transportation: Cargo LIBOR 4.00% 5.00% 10/12/2024 $ 9,605 $ 9,580 $ 9,509 Output Services Group ^+ (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.50% 5.50% 3/27/2024 19,222 19,194 16,467 Premise Health Holding Corp. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.50% 3.72% 7/10/2025 13,445 13,409 13,419 Q Holding Company +# (2)(3) Automotive LIBOR 5.00% 6.00% 12/31/2023 21,515 21,421 21,098 QW Holding Corporation ^+ (2)(3)(6) Environmental Industries LIBOR 6.25% 7.25% 8/31/2024 14,116 13,887 13,645 Radiology Partners, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 4.36% 7/9/2025 27,686 27,603 27,245 RevSpring Inc. +# (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.25% 4.47% 10/11/2025 29,149 29,001 29,067 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 6.25% 12/30/2026 14,850 14,720 14,850 Turbo Buyer, Inc. + (2)(3)(6) Automotive LIBOR 6.00% 7.00% 12/2/2025 13,960 13,960 13,661 U.S. TelePacific Holdings Corp. + (2)(3) Telecommunications LIBOR 5.50% 6.50% 5/2/2023 6,660 6,643 4,995 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 7.00% 10/19/2027 14,995 14,704 14,704 VRC Companies, LLC ^+ (2)(3)(6) Business Services LIBOR 5.50% 6.25% 6/29/2027 26,520 26,103 26,162 Welocalize, Inc. + (2)(3)(6) Business Services LIBOR 4.75% 5.75% 12/23/2024 34,201 33,868 33,444 WRE Holding Corp. ^+ (2)(3)(6) Environmental Industries SOFR 5.50% 6.50% 1/3/2025 8,740 8,724 8,584 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 6.75% 9/13/2027 39,900 39,135 39,095 First Lien Debt Total $ 934,728 $ 926,959 Equity Investments (0.0% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 940,092 $ 926,959 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub or Credit Fund Warehouse II. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Warehouse II. # Denotes that all or a portion of the assets are owned by the Credit Fund Warehouse II. Credit Fund Warehouse II has entered into a revolving credit facility (the “Credit Fund Warehouse II Facility”). The lenders of the Credit Fund Warehouse II Facility have a first lien security interest in substantially all of the assets of the Credit Fund Warehouse II. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Sub. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of December 31, 2021. As of December 31, 2021, the reference rates for Credit Fund's variable rate loans were the 30-day LIBOR at 0.10%, the 90-day LIBOR at 0.22% and the 180-day LIBOR at 0.33%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) As of December 31, 2021, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt—unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38 % $ 7,350 $ — Analogic Corporation Revolver 0.50 847 (9) Chartis Holding, LLC Revolver 0.50 2,183 — Chemical Computing Group ULC (Canada) Revolver 0.50 873 (4) Chudy Group, LLC Delayed Draw 1.00 5,517 88 Chudy Group, LLC Revolver 0.50 1,379 22 Diligent Corporation Delayed Draw 1.00 1,653 26 Diligent Corporation Revolver 0.50 703 11 EPS Nass Parent, Inc. Delayed Draw 1.00 3,136 (29) EPS Nass Parent, Inc. Revolver 0.50 941 (9) EvolveIP, LLC Revolver 0.50 3,360 (17) GSM Acquisition Corp. Delayed Draw 1.00 4,313 (33) Heartland Home Services, Inc Revolver 0.50 746 3 HMT Holding Inc. Revolver 0.50 6,173 (223) Integrity Marketing Acquisition, LLC Delayed Draw — 7,000 (71) Integrity Marketing Acquisition, LLC Delayed Draw 1.00 4,453 (45) Jensen Hughes, Inc. Revolver 0.50 2,000 (55) K2 Insurance Services, LLC Revolver 0.50 1,170 (2) KBP Investments, LLC Delayed Draw 1.00 503 (5) KBP Investments, LLC Delayed Draw 1.00 2,415 (24) QW Holding Corporation Delayed Draw 1.00 9,338 (162) QW Holding Corporation Revolver 0.50 3,794 (66) Turbo Buyer, Inc. Revolver 0.50 933 (19) VRC Companies, LLC Delayed Draw 0.75 2,521 (30) VRC Companies, LLC Revolver 0.50 833 (10) Welocalize, Inc. Revolver 0.50 3,375 (64) Welocalize, Inc. Revolver 0.50 2,250 (43) WRE Holding Corp. Revolver 0.50 624 (10) Total unfunded commitments $ 80,383 $ (780) Debt The Credit Fund, Credit Fund Sub and Credit Fund Warehouse II are party to separate credit facilities as described below. As of September 30, 2022 and December 31, 2021, Credit Fund, Credit Fund Sub and Credit Fund Warehouse II were in compliance with all covenants and other requirements of their respective credit facility agreements. Below is a summary of the borrowings and repayments under the credit facilities for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the credit facilities for the respective periods. Credit Fund Credit Fund Sub Credit Fund Warehouse II Facility 2022 2021 2022 2021 2022 2021 Three Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 532,621 $ 515,121 $ — $ 82,163 Borrowings — — 51,000 167,500 — 44,250 Repayments — — (12,000) (52,000) — — Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Nine Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 514,621 $ 420,859 $ 86,030 $ 93,402 Borrowings — — 138,000 393,000 — 52,250 Repayments — — (81,000) (183,238) (86,030) (19,239) Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Credit Fund Facility . On June 24, 2016, Credit Fund entered into the Credit Fund Facility with the Company, which was subsequently amended on June 5, 2017, October 2, 2017, November 3, 2017, June 22, 2018, June 29, 2018, February 21, 2019, March 20, 2020, February 22, 2021 and May 19, 2022, pursuant to which Credit Fund may from time to time request mezzanine loans from the Company. The maximum principal amount of the Credit Fund Facility is $175,000. The maturity date of the Credit Fund Facility is May 21, 2023. Amounts borrowed under the Credit Fund Facility bear interest at a rate of LIBOR plus 9.00%. Credit Fund Sub Facility . On June 24, 2016, Credit Fund Sub closed on the Credit Fund Sub Facility with lenders, which was subsequently amended on May 31, 2017, October 27, 2017, August 24, 2018, December 12, 2019, March 11, 2020, May 3, 2021 and May 3, 2022. The Credit Fund Sub Facility provides for secured borrowings during the applicable revolving period up to an amount equal to $640,000. The facility is secured by a first lien security interest in substantially all of the portfolio investments held by Credit Fund Sub. The maturity date of the Credit Fund Sub Facility is May 22, 2025. Amounts borrowed under the Credit Fund Sub Facility bear interest at a rate of SOFR plus 2.35%. Credit Fund Warehouse II Facility . On August 16, 2019, Credit Fund Warehouse II closed on a revolving credit facility (the “Credit Fund Warehouse II Facility”) with lenders. The Credit Fund Warehouse II Facility provides for secured borrowings during the applicable revolving period up to an amount equal to $150,000. The Credit Fund Warehouse II Facility is secured by a first lien security interest in substantially all of the portfolio investments held by Credit Fund Warehouse II Facility. The maturity date of the Credit Fund Warehouse II Facility was August 16, 2022 and Credit Fund Warehouse II repaid all outstanding amounts on June 28, 2022. Amounts borrowed under the Credit Fund Warehouse II Facility during the first 12 months bore interest at a rate of LIBOR plus 1.05%, and amounts borrowed in the second 12 months bore interest at LIBOR plus 1.15%. Other amounts borrowed under the Credit Fund Warehouse II Facility bore interest at a rate of LIBOR plus 1.50%. 2019-2 Notes On May 21, 2019, Credit Fund completed the 2019-2 Debt Securitization. The notes offered in the 2019-2 Debt Securitization (the “2019-2 Notes”) were issued by the 2019-2 Issuer, a wholly owned and consolidated subsidiary of Credit Fund, and were secured by a diversified portfolio of the 2019-2 Issuer consisting primarily of first and second lien senior secured loans. The 2019-2 Debt Securitization was executed through a private placement of the 2019-2 Notes, consisting of: • $233,000 of Aaa/AAA Class A-1 Notes, which bore interest at the three-month LIBOR plus 1.50%; • $48,000 of Aa2/AA Class A-2 Notes, which bore interest at the three-month LIBOR plus 2.40%; • $23,000 of A2/A Class B Notes, which bore interest at the three-month LIBOR plus 3.45%; • $27,000 of Baa2/BBB- Class C Notes which bore interest at the three-month LIBOR plus 4.55%; and • $21,000 of Ba2/BB- Class D Notes which bore interest at the three-month LIBOR plus 8.03%. The 2019-2 Notes were scheduled to mature on April 15, 2029. Credit Fund received 100% of the preferred interests issued by the 2019-2 Issuer (the “2019-2 Issuer Preferred Interests”) on the closing date of the 2019-2 Debt Securitization in exchange for Credit Fund’s contribution to the 2019-2 Issuer of the initial closing date loan portfolio. The 2019-2 Issuer Preferred Interests did not bear interest and had a nominal value of $48,300 at closing. The 2019-2 Notes were fully redeemed during the year ended December 31, 2021. As of the redemption date, the 2019-2 Issuer was in compliance with all covenants and other requirements of the indenture. Overview On November 3, 2020, the Company and CCLF entered into a limited liability company agreement to co-manage Credit Fund II, a Delaware limited liability company that is not consolidated in the Company's consolidated financial statements. Credit Fund II primarily invests in senior secured loans of middle market companies. Credit Fund II is managed by a four-member board, on which the Company and CCLF have equal representation. Establishing a quorum for Credit Fund II's board requires at least one of the Company's representatives and one |
MIDDLE MARKET CREDIT FUND II, L
MIDDLE MARKET CREDIT FUND II, LLC | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
MIDDLE MARKET CREDIT FUND II, LLC | MIDDLE MARKET CREDIT FUND, LLC Overview On February 29, 2016, the Company and Credit Partners entered into an amended and restated limited liability company agreement, which was subsequently amended and restated on June 24, 2016, February 22, 2021 and May 16, 2022 (as amended, the “Limited Liability Company Agreement”) to co-manage Credit Fund, a Delaware limited liability company that is not consolidated in the Company’s consolidated financial statements. Credit Fund primarily invests in first lien loans of middle market companies. Credit Fund is managed by a six-member board of managers, on which the Company and Credit Partners each have equal representation. Establishing a quorum for Credit Fund’s board of managers requires at least four members to be present at a meeting, including at least two of the Company’s representatives and two of Credit Partners’ representatives. The Company and Credit Partners each have 50% economic ownership of Credit Fund and have commitments to fund, from time to time, capital of up to $250,000 each. Funding of such commitments generally requires the approval of the board of Credit Fund, including the board members appointed by the Company. By virtue of its membership interest, the Company and Credit Partners each indirectly bear an allocable share of all expenses and other obligations of Credit Fund. Together with Credit Partners, the Company co-invests through Credit Fund. Investment opportunities for Credit Fund are sourced primarily by the Company and its affiliates. Portfolio and investment decisions with respect to Credit Fund must be unanimously approved by a quorum of Credit Fund’s investment committee consisting of an equal number of representatives of the Company and Credit Partners. Therefore, although the Company owns more than 25% of the voting securities of Credit Fund, the Company does not believe that it has control over Credit Fund (other than for purposes of the Investment Company Act). Middle Market Credit Fund SPV, LLC (the “Credit Fund Sub”), MMCF CLO 2019-2, LLC (the “2019-2 Issuer”) and MMCF Warehouse II, LLC (the “Credit Fund Warehouse II”), each a Delaware limited liability company, were formed on April 5, 2016, November 26, 2018 and August 16, 2019, respectively. Credit Fund Sub, the 2019-2 Issuer, and Credit Fund Warehouse II are wholly owned subsidiaries of Credit Fund and are consolidated in Credit Fund’s consolidated financial statements commencing from the date of their respective formations. In August 2021, the 2019-2 Notes, as defined below, were redeemed and repaid in full. Credit Fund Sub and Credit Fund Warehouse II primarily invest in first lien loans of middle market companies. Credit Fund and its wholly owned subsidiaries follow the same Internal Risk Rating System as the Company. Refer to “Debt” below for discussions regarding the credit facilities entered into and the notes issued by such wholly-owned subsidiaries. Credit Fund, the Company and Credit Partners entered into an administration agreement with Carlyle Global Credit Administration L.L.C., the administrative agent of Credit Fund (in such capacity, the “Credit Fund Administrative Agent”), pursuant to which the Credit Fund Administrative Agent is delegated certain administrative and non-discretionary functions, is authorized to enter into sub-administration agreements at the expense of Credit Fund with the approval of the board of managers of Credit Fund, and is reimbursed by Credit Fund for its costs and expenses and Credit Fund’s allocable portion of overhead incurred by the Credit Fund Administrative Agent in performing its obligations thereunder. Selected Financial Data Since inception of Credit Fund and through September 30, 2022 and December 31, 2021, the Company and Credit Partners each made capital contributions of $1 and $1 in members’ equity, respectively, and $216,000 and $216,000 in subordinated loans, respectively, to Credit Fund. On May 25, 2021, the Company and Credit Partners received an aggregate return of capital on the subordinated loans of $46,000, of which the Company received $23,000. Below is certain summarized consolidated financial information for Credit Fund as of September 30, 2022 and December 31, 2021. As of September 30, 2022 December 31, 2021 (unaudited) Selected Consolidated Balance Sheet Information ASSETS Investments, at fair value (amortized cost of $941,134 and $940,092, respectively) $ 896,207 $ 926,959 Cash, cash equivalents and restricted cash (1) 24,991 54,041 Other assets 8,340 7,698 Total assets $ 929,538 $ 988,698 LIABILITIES AND MEMBERS’ EQUITY Secured borrowings $ 571,621 $ 600,651 Other liabilities 21,122 19,828 Subordinated loans and members’ equity (2) 336,795 368,219 Liabilities and members’ equity $ 929,538 $ 988,698 (1) As of September 30, 2022 and December 31, 2021, $10,950 and $10,816, respectively, of Credit Fund's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the subordinated loans and members’ equity was $189,603 and $184,141, respectively. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income $ 18,563 $ 17,124 $ 48,049 $ 50,951 Expenses Interest and credit facility expenses 6,858 6,701 15,983 17,437 Other expenses 410 510 1,507 1,532 Total expenses 7,268 7,211 17,490 18,969 Net investment income (loss) 11,295 9,913 30,559 31,982 Net realized gain (loss) on investments (189) 220 (189) (1,473) Net change in unrealized appreciation (depreciation) on investments (4,757) 1,500 (31,795) 15,693 Net increase (decrease) resulting from operations $ 6,349 $ 11,633 $ (1,425) $ 46,202 Below is a summary of Credit Fund’s portfolio, followed by a listing of the loans in Credit Fund’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 942,952 $ 942,930 Weighted average yields of senior secured loans based on amortized cost (2) 8.59 % 6.04 % Weighted average yields of senior secured loans based on fair value (2) 8.96 % 6.09 % Number of portfolio companies in Credit Fund 44 45 Average amount per portfolio company (1) $ 21,431 $ 20,954 Number of loans on non-accrual status — — Fair value of loans on non-accrual status $ — $ — Percentage of portfolio at floating interest rates (3)(4) 100.0 % 100.0 % Percentage of portfolio at fixed interest rates (4) — % — % Fair value of loans with PIK provisions $ 16,302 $ — Percentage of portfolio with PIK provisions (4) 1.8 % — % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of original issue discount (“OID”) and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(7) Aerospace & Defense LIBOR 4.50% 8.12% 3/31/2028 $ 37,278 $ 36,780 $ 36,368 Acrisure, LLC + (2)(3) Diversified Financial Services LIBOR 3.50% 6.62% 2/13/2027 25,182 25,162 23,294 Analogic Corporation ^+ (2)(3)(7) Capital Equipment LIBOR 5.25% 8.07% 6/22/2024 20,161 20,150 19,630 Anchor Packaging, Inc. + (2)(3) Containers, Packaging & Glass LIBOR 4.00% 7.12% 7/18/2026 24,284 24,210 23,464 API Technologies Corp. + (2)(3) Aerospace & Defense LIBOR 4.25% 7.92% 5/9/2026 14,512 14,471 13,227 Aptean, Inc. + (2)(3) Software LIBOR 4.25% 7.32% 4/23/2026 12,062 12,026 11,459 Avalign Technologies, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 7.62% 12/22/2025 14,331 14,259 14,003 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 11,160 11,073 11,002 Chartis Holding, LLC ^+ (2)(3)(7) Business Services LIBOR 5.25% 6.38% 5/1/2025 6,911 6,911 6,862 Chemical Computing Group ULC (Canada) ^+ (2)(3)(7) Software LIBOR 4.50% 7.64% 8/30/2024 13,805 13,563 13,576 Diligent Corporation ^+ (2)(3)(7) Telecommunications LIBOR 6.25% 9.11% 8/4/2025 10,044 9,855 9,715 Divisions Holding Corporation + (2)(3) Business Services LIBOR 4.75% 7.87% 5/27/2028 24,750 24,543 23,667 DTI Holdco, Inc. + (2)(3) High Tech Industries SOFR 4.75% 7.33% 4/26/2029 30,000 29,429 28,450 Eliassen Group, LLC + (2)(3) Business Services SOFR 5.75% 9.30% 4/14/2028 19,424 19,187 19,178 EPS Nass Parent, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 5.75% 9.42% 4/19/2028 33,810 33,208 32,851 EvolveIP, LLC ^+ (2)(3)(6)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 40,494 40,460 39,816 Exactech, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 6.87% 2/14/2025 21,138 21,071 18,882 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.75% 8.89% 9/18/2023 14,552 14,277 14,552 GSM Acquisition Corp. ^+ (2)(3)(6)(7) Leisure Products & Services SOFR 5.00% 8.73% 11/16/2026 30,207 29,944 28,849 Heartland Home Services, Inc + (2)(3) Consumer Services LIBOR 5.75% 8.80% 12/15/2026 7,260 7,171 7,143 Heartland Home Services, Inc + (2)(3)(7) Consumer Services LIBOR 6.00% 9.12% 12/15/2026 24,317 24,233 24,121 Higginbotham Insurance Agency, Inc. + (2)(3) Diversified Financial Services LIBOR 5.25% 8.37% 11/25/2026 4,500 4,438 4,417 HMT Holding Inc. ^+ (2)(3)(6)(7) Energy: Oil & Gas SOFR 6.25% 9.27% 11/17/2025 32,232 32,086 30,289 Integrity Marketing Acquisition, LLC ^+ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 44,004 43,572 41,830 Jensen Hughes, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 4.50% 7.29% 3/22/2024 34,127 34,097 33,105 K2 Insurance Services, LLC ^+ (2)(3)(7) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 12,831 12,832 12,780 KAMC Holdings, Inc. + (2)(3) Energy: Electricity LIBOR 4.00% 7.07% 8/14/2026 13,580 13,540 10,983 KBP Investments, LLC + (2)(3)(7) Beverage & Food LIBOR 5.50% 8.40% 5/25/2027 37,173 36,966 34,700 Odyssey Logistics & Technology Corp. ^+ (2)(3) Transportation: Cargo LIBOR 4.00% 6.81% 10/12/2024 9,530 9,512 9,196 Output Services Group + (2)(3) Media: Advertising, Printing & Publishing SOFR 5.25%, 1.50% PIK 9.80% 6/27/2026 19,168 19,145 13,519 PF Atlantic Holdco 2, LLC + (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 15,435 15,196 15,167 Premise Health Holding Corp. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 7.92% 7/10/2025 13,341 13,312 13,244 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) QW Holding Corporation ^+ (2)(3)(7) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 $ 21,630 $ 21,483 $ 21,147 Radiology Partners, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 7.32% 7/9/2025 27,686 27,619 24,173 RevSpring Inc. + (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.00% 7.67% 10/11/2025 28,924 28,803 27,694 Riveron Acquisition Holdings, Inc. + (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 11,314 11,314 11,314 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 8.62% 12/30/2026 14,738 14,625 14,715 Turbo Buyer, Inc. + (2)(3)(7) Automotive LIBOR 6.00% 8.88% 12/2/2025 34,339 34,115 33,641 U.S. TelePacific Holdings Corp. + (2)(3)(6) Telecommunications SOFR 1.00%, 7.25% PIK 11.32% 5/2/2026 6,957 6,944 2,783 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 9.67% 10/19/2027 14,883 14,625 14,300 VRC Companies, LLC ^+ (2)(3)(7) Business Services LIBOR 5.50% 9.25% 6/29/2027 28,965 28,599 28,093 Welocalize, Inc. ^+ (2)(3)(7) Business Services LIBOR 4.75% 7.87% 12/23/2024 33,885 33,617 32,764 WRE Holding Corp. ^+ (2)(3)(6)(7) Environmental Industries SOFR 5.25% 8.79% 1/3/2025 8,428 8,426 8,268 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 8.80% 9/13/2027 39,600 38,921 37,976 First Lien Debt Total $ 935,770 $ 896,207 Equity Investments (—% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 941,134 $ 896,207 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility with the Company (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund’s variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Loans include a credit spread adjustment that ranges from 0.10% to 0.43%. (7) As of September 30, 2022, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt – unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38% $ 4,289 $ (94) Analogic Corporation Revolver 0.50 339 (9) Chartis Holding, LLC Revolver 0.50 2,183 (12) Chemical Computing Group ULC (Canada) Revolver 0.50 873 (14) Diligent Corporation Revolver 0.50 351 (11) EPS Nass Parent, Inc. Delayed Draw 0.50 1,488 (39) EPS Nass Parent, Inc. Revolver 1.00 1,380 (36) EvolveIP, LLC Revolver 0.50 2,757 (43) GSM Acquisition Corp. Delayed Draw 1.00 825 (36) Heartland Home Services, Inc Revolver 0.50 771 (6) HMT Holding Inc. Revolver 0.50 6,173 (312) Jensen Hughes, Inc. Revolver 0.50 2,000 (57) K2 Insurance Services, LLC Revolver 0.50 1,170 (4) KBP Investments, LLC Delayed Draw 1.00 2,598 (162) QW Holding Corporation Revolver 0.50 5,498 (98) Turbo Buyer, Inc. Revolver 0.50 933 (18) VRC Companies, LLC Revolver 0.50 708 (21) Welocalize, Inc. Revolver 0.50 3,375 (96) Welocalize, Inc. Revolver 0.50 2,250 (64) WRE Holding Corp. Revolver 0.50 849 (15) Total unfunded commitments $ 40,810 $ (1,147) Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(6) Aerospace & Defense LIBOR 4.25% 5.50% 3/31/2028 $ 34,477 $ 33,913 $ 34,477 Acrisure, LLC +# (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 3.50% 3.78% 2/13/2027 25,376 25,353 25,203 Acrisure, LLC + (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 4.25% 4.75% 2/13/2027 6,700 6,650 6,687 Analogic Corporation ^+ (2)(3)(6) Capital Equipment LIBOR 5.25% 6.25% 6/22/2024 19,796 19,781 19,587 Anchor Packaging, Inc. +# (2)(3) Containers, Packaging & Glass LIBOR 4.00% 4.10% 7/18/2026 24,472 24,385 24,215 API Technologies Corp. +# (2)(3) Aerospace & Defense LIBOR 4.25% 4.35% 5/9/2026 14,625 14,575 14,251 Aptean, Inc. +# (2)(3) Software LIBOR 4.25% 4.35% 4/23/2026 12,157 12,113 12,087 Avalign Technologies, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 4.63% 12/22/2025 14,443 14,354 14,320 Avenu Holdings, LLC + (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 23,350 23,350 23,350 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 11,244 11,143 11,071 Chartis Holding, LLC + (2)(3)(6) Business Services LIBOR 5.50% 6.50% 5/1/2025 6,964 6,964 6,964 Chemical Computing Group ULC (Canada) ^+ (2)(3)(6) Software LIBOR 4.50% 5.50% 8/30/2024 13,912 13,480 13,845 Chudy Group, LLC ^+ (2)(3)(6) Healthcare & Pharmaceuticals LIBOR 5.75% 6.75% 6/30/2027 33,021 32,465 33,657 Diligent Corporation ^+ (2)(3)(6) Telecommunications LIBOR 6.25% 7.25% 8/4/2025 9,049 8,816 9,228 Divisions Holding Corporation +# (2)(3) Business Services LIBOR 4.75% 5.50% 5/27/2028 24,938 24,706 24,953 DTI Holdco, Inc. + (2)(3) High Tech Industries LIBOR 4.75% 5.75% 9/30/2023 18,495 18,442 18,237 Eliassen Group, LLC + (2)(3) Business Services LIBOR 4.50% 4.60% 11/5/2024 15,159 15,103 15,152 EPS Nass Parent, Inc. ^+ (2)(3)(6) Utilities: Electric LIBOR 5.75% 6.75% 4/19/2028 32,846 32,169 32,507 EvolveIP, LLC ^+ (2)(3)(6) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 40,196 40,126 39,973 Exactech, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 4.75% 2/14/2025 21,307 21,221 21,073 Excel Fitness Holdings, Inc. +# (2)(3) Hotel, Gaming & Leisure LIBOR 5.25% 6.25% 10/7/2025 24,500 24,336 24,500 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.25% 6.25% 9/18/2023 14,736 14,269 14,736 GSM Acquisition Corp. ^+ (2)(3)(6) Hotel, Gaming & Leisure LIBOR 5.00% 6.00% 11/16/2026 25,623 25,331 25,396 Heartland Home Services, Inc + (2)(3)(6) Consumer Services LIBOR 6.00% 7.00% 12/15/2026 17,664 17,664 17,735 HMT Holding Inc. ^+ (2)(3)(6) Energy: Oil & Gas LIBOR 5.75% 6.75% 11/17/2023 32,484 32,245 31,086 Integrity Marketing Acquisition, LLC ^+ (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 8/27/2025 32,853 32,309 32,403 Jensen Hughes, Inc. + (2)(3)(6) Utilities: Electric LIBOR 4.50% 5.50% 3/22/2024 34,392 34,347 33,395 K2 Insurance Services, LLC + (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 12,929 12,929 12,906 KAMC Holdings, Inc. +# (2)(3) Energy: Electricity LIBOR 4.00% 4.18% 8/14/2026 13,685 13,638 11,450 KBP Investments, LLC + (2)(3)(6) Beverage, Food & Tobacco LIBOR 5.00% 5.75% 5/25/2027 36,973 36,599 36,570 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Odyssey Logistics & Technology Corp. +# (2)(3) Transportation: Cargo LIBOR 4.00% 5.00% 10/12/2024 $ 9,605 $ 9,580 $ 9,509 Output Services Group ^+ (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.50% 5.50% 3/27/2024 19,222 19,194 16,467 Premise Health Holding Corp. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.50% 3.72% 7/10/2025 13,445 13,409 13,419 Q Holding Company +# (2)(3) Automotive LIBOR 5.00% 6.00% 12/31/2023 21,515 21,421 21,098 QW Holding Corporation ^+ (2)(3)(6) Environmental Industries LIBOR 6.25% 7.25% 8/31/2024 14,116 13,887 13,645 Radiology Partners, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 4.36% 7/9/2025 27,686 27,603 27,245 RevSpring Inc. +# (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.25% 4.47% 10/11/2025 29,149 29,001 29,067 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 6.25% 12/30/2026 14,850 14,720 14,850 Turbo Buyer, Inc. + (2)(3)(6) Automotive LIBOR 6.00% 7.00% 12/2/2025 13,960 13,960 13,661 U.S. TelePacific Holdings Corp. + (2)(3) Telecommunications LIBOR 5.50% 6.50% 5/2/2023 6,660 6,643 4,995 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 7.00% 10/19/2027 14,995 14,704 14,704 VRC Companies, LLC ^+ (2)(3)(6) Business Services LIBOR 5.50% 6.25% 6/29/2027 26,520 26,103 26,162 Welocalize, Inc. + (2)(3)(6) Business Services LIBOR 4.75% 5.75% 12/23/2024 34,201 33,868 33,444 WRE Holding Corp. ^+ (2)(3)(6) Environmental Industries SOFR 5.50% 6.50% 1/3/2025 8,740 8,724 8,584 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 6.75% 9/13/2027 39,900 39,135 39,095 First Lien Debt Total $ 934,728 $ 926,959 Equity Investments (0.0% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 940,092 $ 926,959 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub or Credit Fund Warehouse II. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Warehouse II. # Denotes that all or a portion of the assets are owned by the Credit Fund Warehouse II. Credit Fund Warehouse II has entered into a revolving credit facility (the “Credit Fund Warehouse II Facility”). The lenders of the Credit Fund Warehouse II Facility have a first lien security interest in substantially all of the assets of the Credit Fund Warehouse II. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Sub. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of December 31, 2021. As of December 31, 2021, the reference rates for Credit Fund's variable rate loans were the 30-day LIBOR at 0.10%, the 90-day LIBOR at 0.22% and the 180-day LIBOR at 0.33%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) As of December 31, 2021, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt—unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38 % $ 7,350 $ — Analogic Corporation Revolver 0.50 847 (9) Chartis Holding, LLC Revolver 0.50 2,183 — Chemical Computing Group ULC (Canada) Revolver 0.50 873 (4) Chudy Group, LLC Delayed Draw 1.00 5,517 88 Chudy Group, LLC Revolver 0.50 1,379 22 Diligent Corporation Delayed Draw 1.00 1,653 26 Diligent Corporation Revolver 0.50 703 11 EPS Nass Parent, Inc. Delayed Draw 1.00 3,136 (29) EPS Nass Parent, Inc. Revolver 0.50 941 (9) EvolveIP, LLC Revolver 0.50 3,360 (17) GSM Acquisition Corp. Delayed Draw 1.00 4,313 (33) Heartland Home Services, Inc Revolver 0.50 746 3 HMT Holding Inc. Revolver 0.50 6,173 (223) Integrity Marketing Acquisition, LLC Delayed Draw — 7,000 (71) Integrity Marketing Acquisition, LLC Delayed Draw 1.00 4,453 (45) Jensen Hughes, Inc. Revolver 0.50 2,000 (55) K2 Insurance Services, LLC Revolver 0.50 1,170 (2) KBP Investments, LLC Delayed Draw 1.00 503 (5) KBP Investments, LLC Delayed Draw 1.00 2,415 (24) QW Holding Corporation Delayed Draw 1.00 9,338 (162) QW Holding Corporation Revolver 0.50 3,794 (66) Turbo Buyer, Inc. Revolver 0.50 933 (19) VRC Companies, LLC Delayed Draw 0.75 2,521 (30) VRC Companies, LLC Revolver 0.50 833 (10) Welocalize, Inc. Revolver 0.50 3,375 (64) Welocalize, Inc. Revolver 0.50 2,250 (43) WRE Holding Corp. Revolver 0.50 624 (10) Total unfunded commitments $ 80,383 $ (780) Debt The Credit Fund, Credit Fund Sub and Credit Fund Warehouse II are party to separate credit facilities as described below. As of September 30, 2022 and December 31, 2021, Credit Fund, Credit Fund Sub and Credit Fund Warehouse II were in compliance with all covenants and other requirements of their respective credit facility agreements. Below is a summary of the borrowings and repayments under the credit facilities for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the credit facilities for the respective periods. Credit Fund Credit Fund Sub Credit Fund Warehouse II Facility 2022 2021 2022 2021 2022 2021 Three Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 532,621 $ 515,121 $ — $ 82,163 Borrowings — — 51,000 167,500 — 44,250 Repayments — — (12,000) (52,000) — — Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Nine Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 514,621 $ 420,859 $ 86,030 $ 93,402 Borrowings — — 138,000 393,000 — 52,250 Repayments — — (81,000) (183,238) (86,030) (19,239) Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Credit Fund Facility . On June 24, 2016, Credit Fund entered into the Credit Fund Facility with the Company, which was subsequently amended on June 5, 2017, October 2, 2017, November 3, 2017, June 22, 2018, June 29, 2018, February 21, 2019, March 20, 2020, February 22, 2021 and May 19, 2022, pursuant to which Credit Fund may from time to time request mezzanine loans from the Company. The maximum principal amount of the Credit Fund Facility is $175,000. The maturity date of the Credit Fund Facility is May 21, 2023. Amounts borrowed under the Credit Fund Facility bear interest at a rate of LIBOR plus 9.00%. Credit Fund Sub Facility . On June 24, 2016, Credit Fund Sub closed on the Credit Fund Sub Facility with lenders, which was subsequently amended on May 31, 2017, October 27, 2017, August 24, 2018, December 12, 2019, March 11, 2020, May 3, 2021 and May 3, 2022. The Credit Fund Sub Facility provides for secured borrowings during the applicable revolving period up to an amount equal to $640,000. The facility is secured by a first lien security interest in substantially all of the portfolio investments held by Credit Fund Sub. The maturity date of the Credit Fund Sub Facility is May 22, 2025. Amounts borrowed under the Credit Fund Sub Facility bear interest at a rate of SOFR plus 2.35%. Credit Fund Warehouse II Facility . On August 16, 2019, Credit Fund Warehouse II closed on a revolving credit facility (the “Credit Fund Warehouse II Facility”) with lenders. The Credit Fund Warehouse II Facility provides for secured borrowings during the applicable revolving period up to an amount equal to $150,000. The Credit Fund Warehouse II Facility is secured by a first lien security interest in substantially all of the portfolio investments held by Credit Fund Warehouse II Facility. The maturity date of the Credit Fund Warehouse II Facility was August 16, 2022 and Credit Fund Warehouse II repaid all outstanding amounts on June 28, 2022. Amounts borrowed under the Credit Fund Warehouse II Facility during the first 12 months bore interest at a rate of LIBOR plus 1.05%, and amounts borrowed in the second 12 months bore interest at LIBOR plus 1.15%. Other amounts borrowed under the Credit Fund Warehouse II Facility bore interest at a rate of LIBOR plus 1.50%. 2019-2 Notes On May 21, 2019, Credit Fund completed the 2019-2 Debt Securitization. The notes offered in the 2019-2 Debt Securitization (the “2019-2 Notes”) were issued by the 2019-2 Issuer, a wholly owned and consolidated subsidiary of Credit Fund, and were secured by a diversified portfolio of the 2019-2 Issuer consisting primarily of first and second lien senior secured loans. The 2019-2 Debt Securitization was executed through a private placement of the 2019-2 Notes, consisting of: • $233,000 of Aaa/AAA Class A-1 Notes, which bore interest at the three-month LIBOR plus 1.50%; • $48,000 of Aa2/AA Class A-2 Notes, which bore interest at the three-month LIBOR plus 2.40%; • $23,000 of A2/A Class B Notes, which bore interest at the three-month LIBOR plus 3.45%; • $27,000 of Baa2/BBB- Class C Notes which bore interest at the three-month LIBOR plus 4.55%; and • $21,000 of Ba2/BB- Class D Notes which bore interest at the three-month LIBOR plus 8.03%. The 2019-2 Notes were scheduled to mature on April 15, 2029. Credit Fund received 100% of the preferred interests issued by the 2019-2 Issuer (the “2019-2 Issuer Preferred Interests”) on the closing date of the 2019-2 Debt Securitization in exchange for Credit Fund’s contribution to the 2019-2 Issuer of the initial closing date loan portfolio. The 2019-2 Issuer Preferred Interests did not bear interest and had a nominal value of $48,300 at closing. The 2019-2 Notes were fully redeemed during the year ended December 31, 2021. As of the redemption date, the 2019-2 Issuer was in compliance with all covenants and other requirements of the indenture. Overview On November 3, 2020, the Company and CCLF entered into a limited liability company agreement to co-manage Credit Fund II, a Delaware limited liability company that is not consolidated in the Company's consolidated financial statements. Credit Fund II primarily invests in senior secured loans of middle market companies. Credit Fund II is managed by a four-member board, on which the Company and CCLF have equal representation. Establishing a quorum for Credit Fund II's board requires at least one of the Company's representatives and one |
BORROWINGS
BORROWINGS | 9 Months Ended |
Sep. 30, 2022 | |
Debt Disclosure [Abstract] | |
BORROWINGS | BORROWINGS The Company is party to the Credit Facility as described below. In accordance with the Investment Company Act, the Company is currently only allowed to borrow amounts such that its asset coverage, as defined in the Investment Company Act, is at least 150% after such borrowing. For the purposes of the asset coverage ratio under the Investment Company Act, the Preferred Stock, as defined in Note 1, is considered a senior security and is included in the denominator of the calculation. As of September 30, 2022 and December 31, 2021, asset coverage was 179.56% and 181.94%, respectively. Below is a summary of the borrowings and repayments under the Credit Facility for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the Facilities for the respective periods. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Outstanding Borrowing, beginning of period $ 443,395 $ 365,060 $ 407,655 $ 347,949 Borrowings 111,011 157,552 313,511 337,031 Repayments (125,000) (95,000) (284,746) (257,500) Foreign currency translation (5,447) (2,067) (12,461) (1,935) Outstanding Borrowing, end of period $ 423,959 $ 425,545 $ 423,959 $ 425,545 Credit Facility The Company closed on the Credit Facility on March 21, 2014, which was subsequently amended on January 8, 2015, May 25, 2016, March 22, 2017, September 25, 2018, June 14, 2019, November 8, 2019, October 28, 2020, October 11, 2021 and May 25, 2022. The maximum principal amount of the Credit Facility is $688,000, subject to availability under the Credit Facility, which is based on certain advance rates multiplied by the value of the Company’s portfolio investments (subject to certain concentration limitations) net of certain other indebtedness that the Company may incur in accordance with the terms of the Credit Facility. Proceeds of the Credit Facility may be used for general corporate purposes, including the funding of portfolio investments. Maximum capacity under the Credit Facility may be increased to $900,000 through the exercise by the Company of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Credit Facility includes a $50,000 limit for swingline loans and a $20,000 limit for letters of credit. The Company may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Credit Facility, including amounts drawn in respect of letters of credit, bear interest at either (i) a term benchmark rate of the Adjusted Term SOFR Rate, the Adjusted Euribor Rate, or the applicable Local Rate, as the case may be, or (ii) an Alternate Base Rate (which is the highest of (a) the Prime Rate, (b) the NYFRB Rate plus 0.50%, or (c) the Adjusted Term SOFR Rate for one month plus 1.00%) plus an applicable margin, each capitalized term as defined in the Credit Facility. The applicable margin for a term benchmark rate loan will be up to 1.875% and for an Alternate Base Rate loan will be up to 0.875%, in each case depending on the level of the Gross Borrowing Base compared to the Combined Debt Amount. Prior to the May 25, 2022 amendment, amounts drawn under the Credit Facility bore interest at either LIBOR plus an applicable spread of 2.25%, or an alternative base rate (which was the highest of a prime rate, the federal funds effective rate plus 0.50%, or one month LIBOR plus 1.00%) plus an applicable spread of 1.25%. The Company may elect either the term benchmark rate or the Alternative Base Rate at the time of drawdown, and loans may be converted from one rate to another at any time, subject to certain conditions. The Company also pays a fee of 0.375% on undrawn amounts under the Credit Facility and, in respect of each undrawn letter of credit, a fee and interest rate equal to the then-applicable margin under the Credit Facility while the letter of credit is outstanding. The availability period under the Credit Facility will terminate on May 25, 2026 (October 28, 2024 prior to the May 25, 2022 amendment) and the Credit Facility will mature on May 25, 2027 (October 28, 2025 prior to the May 25, 2022 amendment). During the period from May 25, 2026 to May 25, 2027, the Company will be obligated to make mandatory prepayments under the Credit Facility out of the proceeds of certain asset sales, other recovery events and equity and debt issuances. Subject to certain exceptions, the Credit Facility is secured by a first lien security interest in substantially all of the portfolio investments held by the Company. The Credit Facility includes customary covenants, including certain financial covenants related to asset coverage, shareholders’ equity and liquidity, certain limitations on the incurrence of additional indebtedness and liens, and other maintenance covenants, as well as usual and customary events of default for senior secured revolving credit facilities of this nature. As of September 30, 2022 and December 31, 2021, the Company was in compliance with all covenants and other requirements of the Credit Facility. Summary of the Credit Facility The Credit Facility consisted of the following as of September 30, 2022 and December 31, 2021: September 30, 2022 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 423,959 $ 264,041 $ 265,350 Total $ 688,000 $ 423,959 $ 264,041 $ 265,350 December 31, 2021 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 407,655 $ 280,345 $ 280,706 Total $ 688,000 $ 407,655 $ 280,345 $ 280,706 (1) The unused portion is the amount upon which commitment fees are based. (2) Available for borrowing based on the computation of collateral to support the borrowings and subject to compliance with applicable covenants and financial ratios. For the three month and nine month periods ended September 30, 2022 and 2021, the components of interest expense and credit facility fees were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,292 $ 2,638 $ 9,395 $ 6,809 Facility unused commitment fee 175 243 805 885 Amortization of deferred financing costs 271 192 746 574 Total interest expense and credit facility fees $ 4,738 $ 3,073 $ 10,946 $ 8,268 Cash paid for interest expense $ 2,242 $ 2,730 $ 7,717 $ 7,094 Average principal debt outstanding $ 423,487 $ 432,039 $ 385,509 $ 376,421 Weighted average interest rate 3.97 % 2.39 % 3.21 % 2.39 % As of September 30, 2022 and December 31, 2021, the components of interest and credit facilities payable were as follows: As of September 30, 2022 December 31, 2021 Interest expense payable $ 875 $ 264 Unused commitment fees payable — 3 Other credit facility fees payable 25 — Interest and credit facilities payable $ 900 $ 267 Weighted average interest rate (based on floating benchmark rates) 4.28 % 2.39 % Senior Notes On December 30, 2019, the Company closed a private offering of $115.0 million in aggregate principal amount of 4.750% Senior Unsecured Notes due December 31, 2024. Interest is payable quarterly, beginning March 31, 2020. On December 11, 2020, the Company issued an additional $75.0 million aggregate principal amount of senior unsecured notes due December 31, 2024. The 2020 Notes bear interest at an interest rate of 4.500% and the interest is payable quarterly, beginning December 31, 2020. The interest rate on the Senior Notes is subject to increase (up to an additional 1.00% over the stated rate of such notes) in the event that, subject to certain exceptions, the Senior Notes cease to have an investment grade rating. The Company is obligated to offer to repay the notes at par if certain change in control events occur. The Senior Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company. Interest expense on the Senior Notes for the three month periods ended September 30, 2022 and 2021 was $2,210 and $2,209, respectively. Interest expense on the Senior Notes for the nine month periods ended September 30, 2022 and 2021 was $6,628 and $6,628, respectively. The note purchase agreement, as supplemented by the first supplement, for the Senior Notes contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act and a regulated investment company under the Code, minimum asset coverage ratio and interest coverage ratio, and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, breach of covenant, material breach of representation or warranty under the note purchase agreement, cross-acceleration under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy. As of September 30, 2022, the Company was in compliance with these terms and conditions. 2015-1R Notes On June 26, 2015, the Company completed the 2015-1 Debt Securitization. The 2015-1 Notes were issued by the 2015-1 Issuer, a wholly-owned and consolidated subsidiary of the Company. The 2015-1 Debt Securitization was executed through a private placement of the 2015-1 Notes, consisting of: • $160,000 of Aaa/AAA Class A-1A Notes; • $40,000 of Aaa/AAA Class A-1B Notes; • $27,000 of Aaa/AAA Class A-1C Notes; and • $46,000 of Aa2 Class A-2 Notes. The 2015-1 Notes were issued at par and were scheduled to mature on July 15, 2027. The Company received 100% of the preferred interests issued by the 2015-1 Issuer (the “2015-1 Issuer Preferred Interests”) on the closing date of the 2015-1 Debt Securitization in exchange for the Company’s contribution to the 2015-1 Issuer of the initial closing date loan portfolio. The 2015-1 Issuer Preferred Interests do not bear interest and had a nominal value of $125,900 at closing. In connection with the contribution, the Company made customary representations, warranties and covenants to the 2015-1 Issuer in the purchase agreement. The Class A-1A, Class A-1B and Class A-1C and Class A-2 Notes are included in these consolidated financial statements. The 2015-1 Issuer Preferred Interests were eliminated in consolidation. On the closing date of the 2015-1 Debt Securitization, the 2015-1 Issuer effected a one-time distribution to the Company of a substantial portion of the proceeds of the private placement of the 2015-1 Notes, net of expenses, which distribution was used to repay a portion of certain amounts outstanding under the SPV Credit Facility (which terminated on December 11, 2020) and the Credit Facility. As part of the 2015-1 Debt Securitization, certain first and second lien senior secured loans were distributed by the SPV to the Company pursuant to a distribution and contribution agreement. On August 30, 2018, the Company and the 2015-1 Issuer closed the 2015-1 Debt Securitization Refinancing. On the closing date of the 2015-1 Debt Securitization Refinancing, the 2015-1 Issuer, among other things: (a) refinanced the issued Class A-1A Notes by redeeming in full the Class A-1A Notes and issuing new AAA Class A-1-1-R Notes in an aggregate principal amount of $234,800 which bear interest at the three-month LIBOR plus 1.55%; (b) refinanced the issued Class A-1B Notes by redeeming in full the Class A-1B Notes and issuing new AAA Class A-1-2-R Notes in an aggregate principal amount of $50,000 which bear interest at the three-month LIBOR plus 1.48% for the first 24 months and the three-month LIBOR plus 1.78% thereafter; (c) refinanced the issued Class A-1C Notes by redeeming in full the Class A-1C Notes and issuing new AAA Class A-1-3-R Notes in an aggregate principal amount of $25,000 which bear interest at 4.56%; (d) refinanced the issued Class A-2 Notes by redeeming in full the Class A-2 Notes and issuing new Class A-2-R Notes in an aggregate principal amount of $66,000 which bear interest at the three-month LIBOR plus 2.20%; (e) issued new single-A Class B Notes and BBB- Class C Notes in aggregate principal amounts of $46,400 and $27,000, respectively, which bear interest at the three-month LIBOR plus 3.15% and the three-month LIBOR plus 4.00%, respectively; (f) reduced the 2015-1 Issuer Preferred Interests by approximately $21,375 from a nominal value of $125,900 to approximately $104,525 at close; and (g) extended the reinvestment period end date and maturity date applicable to the 2015-1 Issuer to October 15, 2023 and October 15, 2031, respectively. Following the 2015-1 Debt Securitization Refinancing, the Company retained the 2015-1 Issuer Preferred Interests. The 2015-1R Notes in the 2015-1 Debt Securitization Refinancing were issued by the 2015-1 Issuer and are secured by a diversified portfolio of the 2015-1 Issuer consisting primarily of first and second lien senior secured loans. On the closing date of the 2015-1 Debt Securitization Refinancing, the 2015-1 Issuer effected a one-time distribution to the Company of a substantial portion of the proceeds of the private placement of the 2015-1R Notes, net of expenses, which distribution was used to repay a portion of certain amounts outstanding under the SPV Credit Facility and the Credit Facility. As part of the 2015-1 Debt Securitization Refinancing, certain first and second lien senior secured loans were distributed by the SPV to the Company pursuant to a distribution and contribution agreement. The Company contributed the loans that comprised the initial closing date loan portfolio (including the loans distributed to the Company from the SPV) to the 2015-1 Issuer pursuant to a contribution agreement. Future loan transfers from the Company to the 2015-1 Issuer will be made pursuant to a sale agreement and are subject to the approval of the Company’s Board of Directors. Assets of the 2015-1 Issuer are not available to the creditors of the SPV or the Company. In connection with the issuance and sale of the 2015-1R Notes, the Company made customary representations, warranties and covenants in the purchase agreement. During the reinvestment period, pursuant to the indenture governing the 2015-1R Notes, all principal collections received on the underlying collateral may be used by the 2015-1 Issuer to purchase new collateral under the direction of Investment Adviser in its capacity as collateral manager of the 2015-1 Issuer and in accordance with the Company’s investment strategy. The Investment Adviser serves as collateral manager to the 2015-1 Issuer under a collateral management agreement (the “Collateral Management Agreement”). Pursuant to the Collateral Management Agreement, the 2015-1 Issuer pays management fees (comprised of base management fees, subordinated management fees and incentive management fees) to the Investment Adviser for rendering collateral management services. As per the Collateral Management Agreement, for the period the Company retains all of the 2015-1 Issuer Preferred Interests, the Investment Adviser does not earn management fees for providing such collateral management services. The Company currently retains all of the 2015-1 Issuer Preferred Interests, thus the Investment Adviser did not earn any management fees from the 2015-1 Issuer for the three and nine month periods ended September 30, 2022 and 2021. Any such waived fees may not be recaptured by the Investment Adviser. Pursuant to an undertaking by the Company in connection with the 2015-1 Debt Securitization Refinancing, the Company has agreed to hold on an ongoing basis the 2015-1 Issuer Preferred Interests with an aggregate dollar purchase price at least equal to 5% of the aggregate outstanding amount of all collateral obligations by the 2015-1 Issuer for so long as any securities of the 2015-1 Issuer remain outstanding. As of September 30, 2022, the Company was in compliance with its undertaking. The 2015-1 Issuer pays ongoing administrative expenses to the trustee, independent accountants, legal counsel, rating agencies and independent managers in connection with developing and maintaining reports, and providing required services in connection with the administration of the 2015-1 Issuer. As of September 30, 2022, the 2015-1R Notes were secured by 67 first lien and second lien senior secured loans with a total fair value of approximately $550,981 and cash of $29,643. The pool of loans in the securitization must meet certain requirements, including asset mix and concentration, term, agency rating, collateral coverage, minimum coupon, minimum spread and sector diversity requirements in the indenture governing the 2015-1R Notes. For the nine month periods ended September 30, 2022 and 2021, the effective annualized weighted average interest rates, which include amortization of debt issuance costs on the 2015-1R Notes, were 3.27% and 2.33%, respectively, based on floating LIBOR rates. As of September 30, 2022 and December 31, 2021 the weighted average interest rates were 4.52% and 2.27% respectively, based on floating LIBOR rates. For the for the three and nine month periods ended September 30, 2022 and 2021, the components of interest expense on the 2015-1R Notes were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,927 $ 2,609 $ 10,964 $ 7,926 Amortization of deferred financing costs 62 63 185 186 Total interest expense and credit facility fees $ 4,989 $ 2,672 $ 11,149 $ 8,112 Cash paid for interest expense $ 5,293 $ 2,637 $ 10,558 $ 8,028 As of September 30, 2022 and December 31, 2021, $4,340 and $2,200, respectively, of interest expense was included in interest and credit facility fees payable. |
NOTES PAYABLE
NOTES PAYABLE | 9 Months Ended |
Sep. 30, 2022 | |
Debt Disclosure [Abstract] | |
NOTES PAYABLE | BORROWINGS The Company is party to the Credit Facility as described below. In accordance with the Investment Company Act, the Company is currently only allowed to borrow amounts such that its asset coverage, as defined in the Investment Company Act, is at least 150% after such borrowing. For the purposes of the asset coverage ratio under the Investment Company Act, the Preferred Stock, as defined in Note 1, is considered a senior security and is included in the denominator of the calculation. As of September 30, 2022 and December 31, 2021, asset coverage was 179.56% and 181.94%, respectively. Below is a summary of the borrowings and repayments under the Credit Facility for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the Facilities for the respective periods. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Outstanding Borrowing, beginning of period $ 443,395 $ 365,060 $ 407,655 $ 347,949 Borrowings 111,011 157,552 313,511 337,031 Repayments (125,000) (95,000) (284,746) (257,500) Foreign currency translation (5,447) (2,067) (12,461) (1,935) Outstanding Borrowing, end of period $ 423,959 $ 425,545 $ 423,959 $ 425,545 Credit Facility The Company closed on the Credit Facility on March 21, 2014, which was subsequently amended on January 8, 2015, May 25, 2016, March 22, 2017, September 25, 2018, June 14, 2019, November 8, 2019, October 28, 2020, October 11, 2021 and May 25, 2022. The maximum principal amount of the Credit Facility is $688,000, subject to availability under the Credit Facility, which is based on certain advance rates multiplied by the value of the Company’s portfolio investments (subject to certain concentration limitations) net of certain other indebtedness that the Company may incur in accordance with the terms of the Credit Facility. Proceeds of the Credit Facility may be used for general corporate purposes, including the funding of portfolio investments. Maximum capacity under the Credit Facility may be increased to $900,000 through the exercise by the Company of an uncommitted accordion feature through which existing and new lenders may, at their option, agree to provide additional financing. The Credit Facility includes a $50,000 limit for swingline loans and a $20,000 limit for letters of credit. The Company may borrow amounts in U.S. dollars or certain other permitted currencies. Amounts drawn under the Credit Facility, including amounts drawn in respect of letters of credit, bear interest at either (i) a term benchmark rate of the Adjusted Term SOFR Rate, the Adjusted Euribor Rate, or the applicable Local Rate, as the case may be, or (ii) an Alternate Base Rate (which is the highest of (a) the Prime Rate, (b) the NYFRB Rate plus 0.50%, or (c) the Adjusted Term SOFR Rate for one month plus 1.00%) plus an applicable margin, each capitalized term as defined in the Credit Facility. The applicable margin for a term benchmark rate loan will be up to 1.875% and for an Alternate Base Rate loan will be up to 0.875%, in each case depending on the level of the Gross Borrowing Base compared to the Combined Debt Amount. Prior to the May 25, 2022 amendment, amounts drawn under the Credit Facility bore interest at either LIBOR plus an applicable spread of 2.25%, or an alternative base rate (which was the highest of a prime rate, the federal funds effective rate plus 0.50%, or one month LIBOR plus 1.00%) plus an applicable spread of 1.25%. The Company may elect either the term benchmark rate or the Alternative Base Rate at the time of drawdown, and loans may be converted from one rate to another at any time, subject to certain conditions. The Company also pays a fee of 0.375% on undrawn amounts under the Credit Facility and, in respect of each undrawn letter of credit, a fee and interest rate equal to the then-applicable margin under the Credit Facility while the letter of credit is outstanding. The availability period under the Credit Facility will terminate on May 25, 2026 (October 28, 2024 prior to the May 25, 2022 amendment) and the Credit Facility will mature on May 25, 2027 (October 28, 2025 prior to the May 25, 2022 amendment). During the period from May 25, 2026 to May 25, 2027, the Company will be obligated to make mandatory prepayments under the Credit Facility out of the proceeds of certain asset sales, other recovery events and equity and debt issuances. Subject to certain exceptions, the Credit Facility is secured by a first lien security interest in substantially all of the portfolio investments held by the Company. The Credit Facility includes customary covenants, including certain financial covenants related to asset coverage, shareholders’ equity and liquidity, certain limitations on the incurrence of additional indebtedness and liens, and other maintenance covenants, as well as usual and customary events of default for senior secured revolving credit facilities of this nature. As of September 30, 2022 and December 31, 2021, the Company was in compliance with all covenants and other requirements of the Credit Facility. Summary of the Credit Facility The Credit Facility consisted of the following as of September 30, 2022 and December 31, 2021: September 30, 2022 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 423,959 $ 264,041 $ 265,350 Total $ 688,000 $ 423,959 $ 264,041 $ 265,350 December 31, 2021 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 407,655 $ 280,345 $ 280,706 Total $ 688,000 $ 407,655 $ 280,345 $ 280,706 (1) The unused portion is the amount upon which commitment fees are based. (2) Available for borrowing based on the computation of collateral to support the borrowings and subject to compliance with applicable covenants and financial ratios. For the three month and nine month periods ended September 30, 2022 and 2021, the components of interest expense and credit facility fees were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,292 $ 2,638 $ 9,395 $ 6,809 Facility unused commitment fee 175 243 805 885 Amortization of deferred financing costs 271 192 746 574 Total interest expense and credit facility fees $ 4,738 $ 3,073 $ 10,946 $ 8,268 Cash paid for interest expense $ 2,242 $ 2,730 $ 7,717 $ 7,094 Average principal debt outstanding $ 423,487 $ 432,039 $ 385,509 $ 376,421 Weighted average interest rate 3.97 % 2.39 % 3.21 % 2.39 % As of September 30, 2022 and December 31, 2021, the components of interest and credit facilities payable were as follows: As of September 30, 2022 December 31, 2021 Interest expense payable $ 875 $ 264 Unused commitment fees payable — 3 Other credit facility fees payable 25 — Interest and credit facilities payable $ 900 $ 267 Weighted average interest rate (based on floating benchmark rates) 4.28 % 2.39 % Senior Notes On December 30, 2019, the Company closed a private offering of $115.0 million in aggregate principal amount of 4.750% Senior Unsecured Notes due December 31, 2024. Interest is payable quarterly, beginning March 31, 2020. On December 11, 2020, the Company issued an additional $75.0 million aggregate principal amount of senior unsecured notes due December 31, 2024. The 2020 Notes bear interest at an interest rate of 4.500% and the interest is payable quarterly, beginning December 31, 2020. The interest rate on the Senior Notes is subject to increase (up to an additional 1.00% over the stated rate of such notes) in the event that, subject to certain exceptions, the Senior Notes cease to have an investment grade rating. The Company is obligated to offer to repay the notes at par if certain change in control events occur. The Senior Notes are general unsecured obligations of the Company that rank pari passu with all outstanding and future unsecured unsubordinated indebtedness issued by the Company. Interest expense on the Senior Notes for the three month periods ended September 30, 2022 and 2021 was $2,210 and $2,209, respectively. Interest expense on the Senior Notes for the nine month periods ended September 30, 2022 and 2021 was $6,628 and $6,628, respectively. The note purchase agreement, as supplemented by the first supplement, for the Senior Notes contains customary terms and conditions for senior unsecured notes issued in a private placement, including, without limitation, affirmative and negative covenants such as information reporting, maintenance of the Company’s status as a business development company within the meaning of the Investment Company Act and a regulated investment company under the Code, minimum asset coverage ratio and interest coverage ratio, and prohibitions on certain fundamental changes at the Company or any subsidiary guarantor, as well as customary events of default with customary cure and notice, including, without limitation, nonpayment, breach of covenant, material breach of representation or warranty under the note purchase agreement, cross-acceleration under other indebtedness of the Company or certain significant subsidiaries, certain judgments and orders, and certain events of bankruptcy. As of September 30, 2022, the Company was in compliance with these terms and conditions. 2015-1R Notes On June 26, 2015, the Company completed the 2015-1 Debt Securitization. The 2015-1 Notes were issued by the 2015-1 Issuer, a wholly-owned and consolidated subsidiary of the Company. The 2015-1 Debt Securitization was executed through a private placement of the 2015-1 Notes, consisting of: • $160,000 of Aaa/AAA Class A-1A Notes; • $40,000 of Aaa/AAA Class A-1B Notes; • $27,000 of Aaa/AAA Class A-1C Notes; and • $46,000 of Aa2 Class A-2 Notes. The 2015-1 Notes were issued at par and were scheduled to mature on July 15, 2027. The Company received 100% of the preferred interests issued by the 2015-1 Issuer (the “2015-1 Issuer Preferred Interests”) on the closing date of the 2015-1 Debt Securitization in exchange for the Company’s contribution to the 2015-1 Issuer of the initial closing date loan portfolio. The 2015-1 Issuer Preferred Interests do not bear interest and had a nominal value of $125,900 at closing. In connection with the contribution, the Company made customary representations, warranties and covenants to the 2015-1 Issuer in the purchase agreement. The Class A-1A, Class A-1B and Class A-1C and Class A-2 Notes are included in these consolidated financial statements. The 2015-1 Issuer Preferred Interests were eliminated in consolidation. On the closing date of the 2015-1 Debt Securitization, the 2015-1 Issuer effected a one-time distribution to the Company of a substantial portion of the proceeds of the private placement of the 2015-1 Notes, net of expenses, which distribution was used to repay a portion of certain amounts outstanding under the SPV Credit Facility (which terminated on December 11, 2020) and the Credit Facility. As part of the 2015-1 Debt Securitization, certain first and second lien senior secured loans were distributed by the SPV to the Company pursuant to a distribution and contribution agreement. On August 30, 2018, the Company and the 2015-1 Issuer closed the 2015-1 Debt Securitization Refinancing. On the closing date of the 2015-1 Debt Securitization Refinancing, the 2015-1 Issuer, among other things: (a) refinanced the issued Class A-1A Notes by redeeming in full the Class A-1A Notes and issuing new AAA Class A-1-1-R Notes in an aggregate principal amount of $234,800 which bear interest at the three-month LIBOR plus 1.55%; (b) refinanced the issued Class A-1B Notes by redeeming in full the Class A-1B Notes and issuing new AAA Class A-1-2-R Notes in an aggregate principal amount of $50,000 which bear interest at the three-month LIBOR plus 1.48% for the first 24 months and the three-month LIBOR plus 1.78% thereafter; (c) refinanced the issued Class A-1C Notes by redeeming in full the Class A-1C Notes and issuing new AAA Class A-1-3-R Notes in an aggregate principal amount of $25,000 which bear interest at 4.56%; (d) refinanced the issued Class A-2 Notes by redeeming in full the Class A-2 Notes and issuing new Class A-2-R Notes in an aggregate principal amount of $66,000 which bear interest at the three-month LIBOR plus 2.20%; (e) issued new single-A Class B Notes and BBB- Class C Notes in aggregate principal amounts of $46,400 and $27,000, respectively, which bear interest at the three-month LIBOR plus 3.15% and the three-month LIBOR plus 4.00%, respectively; (f) reduced the 2015-1 Issuer Preferred Interests by approximately $21,375 from a nominal value of $125,900 to approximately $104,525 at close; and (g) extended the reinvestment period end date and maturity date applicable to the 2015-1 Issuer to October 15, 2023 and October 15, 2031, respectively. Following the 2015-1 Debt Securitization Refinancing, the Company retained the 2015-1 Issuer Preferred Interests. The 2015-1R Notes in the 2015-1 Debt Securitization Refinancing were issued by the 2015-1 Issuer and are secured by a diversified portfolio of the 2015-1 Issuer consisting primarily of first and second lien senior secured loans. On the closing date of the 2015-1 Debt Securitization Refinancing, the 2015-1 Issuer effected a one-time distribution to the Company of a substantial portion of the proceeds of the private placement of the 2015-1R Notes, net of expenses, which distribution was used to repay a portion of certain amounts outstanding under the SPV Credit Facility and the Credit Facility. As part of the 2015-1 Debt Securitization Refinancing, certain first and second lien senior secured loans were distributed by the SPV to the Company pursuant to a distribution and contribution agreement. The Company contributed the loans that comprised the initial closing date loan portfolio (including the loans distributed to the Company from the SPV) to the 2015-1 Issuer pursuant to a contribution agreement. Future loan transfers from the Company to the 2015-1 Issuer will be made pursuant to a sale agreement and are subject to the approval of the Company’s Board of Directors. Assets of the 2015-1 Issuer are not available to the creditors of the SPV or the Company. In connection with the issuance and sale of the 2015-1R Notes, the Company made customary representations, warranties and covenants in the purchase agreement. During the reinvestment period, pursuant to the indenture governing the 2015-1R Notes, all principal collections received on the underlying collateral may be used by the 2015-1 Issuer to purchase new collateral under the direction of Investment Adviser in its capacity as collateral manager of the 2015-1 Issuer and in accordance with the Company’s investment strategy. The Investment Adviser serves as collateral manager to the 2015-1 Issuer under a collateral management agreement (the “Collateral Management Agreement”). Pursuant to the Collateral Management Agreement, the 2015-1 Issuer pays management fees (comprised of base management fees, subordinated management fees and incentive management fees) to the Investment Adviser for rendering collateral management services. As per the Collateral Management Agreement, for the period the Company retains all of the 2015-1 Issuer Preferred Interests, the Investment Adviser does not earn management fees for providing such collateral management services. The Company currently retains all of the 2015-1 Issuer Preferred Interests, thus the Investment Adviser did not earn any management fees from the 2015-1 Issuer for the three and nine month periods ended September 30, 2022 and 2021. Any such waived fees may not be recaptured by the Investment Adviser. Pursuant to an undertaking by the Company in connection with the 2015-1 Debt Securitization Refinancing, the Company has agreed to hold on an ongoing basis the 2015-1 Issuer Preferred Interests with an aggregate dollar purchase price at least equal to 5% of the aggregate outstanding amount of all collateral obligations by the 2015-1 Issuer for so long as any securities of the 2015-1 Issuer remain outstanding. As of September 30, 2022, the Company was in compliance with its undertaking. The 2015-1 Issuer pays ongoing administrative expenses to the trustee, independent accountants, legal counsel, rating agencies and independent managers in connection with developing and maintaining reports, and providing required services in connection with the administration of the 2015-1 Issuer. As of September 30, 2022, the 2015-1R Notes were secured by 67 first lien and second lien senior secured loans with a total fair value of approximately $550,981 and cash of $29,643. The pool of loans in the securitization must meet certain requirements, including asset mix and concentration, term, agency rating, collateral coverage, minimum coupon, minimum spread and sector diversity requirements in the indenture governing the 2015-1R Notes. For the nine month periods ended September 30, 2022 and 2021, the effective annualized weighted average interest rates, which include amortization of debt issuance costs on the 2015-1R Notes, were 3.27% and 2.33%, respectively, based on floating LIBOR rates. As of September 30, 2022 and December 31, 2021 the weighted average interest rates were 4.52% and 2.27% respectively, based on floating LIBOR rates. For the for the three and nine month periods ended September 30, 2022 and 2021, the components of interest expense on the 2015-1R Notes were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,927 $ 2,609 $ 10,964 $ 7,926 Amortization of deferred financing costs 62 63 185 186 Total interest expense and credit facility fees $ 4,989 $ 2,672 $ 11,149 $ 8,112 Cash paid for interest expense $ 5,293 $ 2,637 $ 10,558 $ 8,028 As of September 30, 2022 and December 31, 2021, $4,340 and $2,200, respectively, of interest expense was included in interest and credit facility fees payable. |
COMMMITMENTS AND CONTINGENCIES
COMMMITMENTS AND CONTINGENCIES | 9 Months Ended |
Sep. 30, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMMITMENTS AND CONTINGENCIES | COMMITMENTS AND CONTINGENCIES A summary of significant contractual payment obligations was as follows as of September 30, 2022 and December 31, 2021: Payment Due by Period September 30, 2022 December 31, 2021 Less than one year $ — $ — 1-3 years 190,000 190,000 3-5 years 423,959 407,655 More than 5 years 449,200 449,200 Total $ 1,063,159 $ 1,046,855 In the ordinary course of its business, the Company enters into contracts or agreements that contain indemnification or warranties. Future events could occur that lead to the execution of these provisions against the Company. The Company believes that the likelihood of such an event is remote; however, the maximum potential exposure is unknown. No accrual has been made in the consolidated financial statements as of September 30, 2022 and December 31, 2021 for any such exposure. The Company has in the past, currently is and may in the future become obligated to fund commitments such as revolving credit facilities, bridge financing commitments, or delayed draw commitments. The Company had the following unfunded commitments to fund delayed draw and revolving senior secured loans as of the indicated dates: Par Value as of September 30, 2022 December 31, 2021 Unfunded delayed draw commitments $ 111,141 $ 112,985 Unfunded revolving loan commitments 74,804 67,513 Total unfunded commitments $ 185,945 $ 180,498 |
NET ASSETS
NET ASSETS | 9 Months Ended |
Sep. 30, 2022 | |
Equity [Abstract] | |
NET ASSETS | NET ASSETS The Company has the authority to issue 198,000,000 shares of common stock, par value $0.01 per share, and 2,000,000 shares of preferred stock, par value $0.01 per share. Cumulative Convertible Preferred Stock On May 5, 2020, the Company issued and sold 2,000,000 shares of Preferred Stock to an affiliate of Carlyle in a private placement at a price of $25 per share. The Preferred Stock has a liquidation preference equal to $25 per share (the “Liquidation Preference”) plus any accumulated but unpaid dividends up to but excluding the date of distribution. Dividends are payable on a quarterly basis in an initial amount equal to 7.00% per annum of the Liquidation Preference per share, payable in cash, or at the Company’s option, 9.00% per annum of the Liquidation Preference payable in additional shares of Preferred Stock. After May 5, 2027, the dividend rate will increase annually, in each case by 1.00% per annum. The Preferred Stock is convertible, in whole or in part, at the option of the holder of the Preferred Stock into the number of shares of common stock equal to the Liquidation Preference plus any accumulated but unpaid dividends, divided by an initial conversion price of $9.50, subject to certain adjustments to prevent dilution as set forth in the Company's articles supplementary (the “Articles Supplementary”) that establishes the terms of the Preferred Stock. The conversion price as of September 30, 2022 was $9.37. At any time after May 5, 2023, the Company, with the approval of the Board of Directors, including a majority of the Independent Directors, will have the option to redeem all of the Preferred Stock for cash consideration equal to the Liquidation Preference plus any accumulated but unpaid dividends. The holders of the Preferred Stock will have the right to convert all or a portion of their shares of Preferred Stock prior to the date fixed for such redemption. At any time after May 5, 2027, the holders of the Preferred Stock will have the option to require the Company to redeem any or all of the then-outstanding Preferred Stock upon 90 days’ notice. The form of consideration used in any such redemption is at the option of the Board of Directors, including a majority of the Independent Directors, and may be cash consideration equal to the Liquidation Preference plus any accumulated but unpaid dividends, or shares of common stock. Holders also have the right to redeem the Preferred Stock upon a Change in Control (as defined in the Articles Supplementary). The following table summarizes the Company’s dividends declared on the Preferred Stock during the prior year and the current fiscal year to-date. Unless otherwise noted, dividends were declared and paid, or are payable, in cash. Date Declared Record Date Payment Date Per Share Amount March 31, 2021 March 31, 2021 March 31, 2021 0.438 June 30, 2021 June 30, 2021 June 30, 2021 0.438 September 30, 2021 September 30, 2021 September 30, 2021 0.438 December 29, 2021 December 31, 2021 December 31, 2021 0.438 March 25, 2022 March 31, 2022 March 31, 2022 0.438 June 27, 2022 June 30, 2022 June 30, 2022 0.438 September 22, 2022 September 30, 2022 September 30, 2022 0.438 Total $ 3.066 Company Stock Repurchase Program On August 1, 2022, the Company's Board of Directors approved the continuation of the Company's stock repurchase program (the “Company Stock Repurchase Program”) until November 5, 2023, or until the approved dollar amount has been used to repurchase shares of common stock, and increased the size of the Company Stock Repurchase Program by $50 million to an aggregate amount of $200 million. This program may be suspended, extended, modified or discontinued by the Company at any time, subject to applicable law. The Company's Stock Repurchase Program was originally approved by the Company's Board of Directors on November 5, 2018 and announced on November 6, 2018. Since the inception of the Company Stock Repurchase Program through September 30, 2022, the Company has repurchased 10,951,887 shares of the Company's common stock at an average cost of $13.37 per share, or $146,407 in the aggregate, resulting in accretion to net assets per share of $0.60. Changes in Net Assets For the three and nine month periods ended September 30, 2022, the Company repurchased and extinguished 531,439 and 1,525,682 shares, respectively, for $7,144 and $21,120, respectively. The following tables summarize capital activity for the three and nine month periods ended September 30, 2022: Preferred Stock Common Stock Capital in Excess of Par Value Offering Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, July 1, 2022 2,000,000 $ 50,000 52,148,211 $ 521 $ 1,038,462 $ (1,633) $ 23,268 $ (117,811) $ (66,314) $ 926,493 Repurchase of common stock — — (531,439) (4) (7,140) — — — — (7,144) Net investment income (loss) — — — — — — 31,153 — — 31,153 Net realized gain (loss) — — — — — — — (4,579) — (4,579) Net change in unrealized appreciation (depreciation) — — — — — — — — 11,256 11,256 Dividends declared on common stock and preferred stock — — — — — — (21,528) — — (21,528) Balance, September 30, 2022 2,000,000 $ 50,000 51,616,772 $ 517 $ 1,031,322 $ (1,633) $ 32,893 $ (122,390) $ (55,058) $ 935,651 Preferred Stock Common Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, January 1, 2022 2,000,000 $ 50,000 53,142,454 $ 532 $ 1,052,427 $ (1,633) $ 19,562 $ (123,297) $ (48,787) $ 948,804 Repurchase of common stock — — (1,525,682) (15) (21,105) — — — — (21,120) Net investment income (loss) — — — — — — 78,542 — — 78,542 Net realized gain (loss) — — — — — — — 907 — 907 Net change in unrealized appreciation (depreciation) — — — — — — — — (6,271) (6,271) Dividends declared on common stock and preferred stock — — — — — — (65,211) — — (65,211) Balance, September 30, 2022 2,000,000 $ 50,000 51,616,772 $ 517 $ 1,031,322 $ (1,633) $ 32,893 $ (122,390) $ (55,058) $ 935,651 For the three and nine month periods ended September 30, 2021, the Company repurchased and extinguished 495,871 and 1,605,865 shares, respectively, for $6,770 and $20,497 respectively. The following tables summarize capital activity for the three and nine month periods ended September 30, 2021: Preferred Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, July 1, 2021 2,000,000 $ 50,000 54,210,315 $ 542 $ 1,067,720 $ (1,633) $ 15,307 $ (136,653) $ (70,452) $ 924,831 Repurchase of common stock — — (495,871) (5) (6,765) — — — — (6,770) Net investment income (loss) — — — — — — 22,086 — — 22,086 Net realized gain (loss) — — — — — — — 7,556 — 7,556 Net change in unrealized appreciation (depreciation) — — — — — — — — 17,978 17,978 Dividends declared — — — — — — (21,287) — — (21,287) Balance, September 30, 2021 2,000,000 $ 50,000 53,714,444 $ 537 $ 1,060,955 $ (1,633) $ 16,106 $ (129,097) $ (52,474) $ 944,394 Preferred Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, January 1, 2021 2,000,000 $ 50,000 55,320,309 $ 553 $ 1,081,436 $ (1,633) $ 14,568 $ (140,133) $ (103,428) $ 901,363 Repurchase of common stock — — (1,605,865) (16) (20,481) — — — — (20,497) Net investment income (loss) — — — — — — 64,402 — — 64,402 Net realized gain (loss) — — — — — — — 11,036 — 11,036 Net change in unrealized appreciation (depreciation) — — — — — — — — 50,954 50,954 Dividends declared — — — — — — (62,864) — — (62,864) Balance, September 30, 2021 2,000,000 $ 50,000 53,714,444 $ 537 $ 1,060,955 $ (1,633) $ 16,106 $ (129,097) $ (52,474) $ 944,394 Earnings Per Share The Company calculates earnings per share in accordance with ASC 260. Basic earnings per share is calculated by dividing the net increase (decrease) in net assets resulting from operations, less preferred dividends, by the weighted average number of common shares outstanding. Diluted earnings per share gives effect to all dilutive potential common shares outstanding using the if-converted method for the convertible Preferred Stock. Diluted earnings per share excludes all dilutive potential common shares if their effect is anti-dilutive. Basic and diluted earnings per common share were as follows: For the three month period ended September 30, 2022 For the nine month period ended September 30, 2022 Basic Diluted Basic Diluted Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders $ 36,955 $ 37,830 $ 70,553 $ 73,178 Weighted-average common shares outstanding 51,863,022 57,182,634 52,388,355 57,707,967 Basic and diluted earnings per share $ 0.71 $ 0.66 $ 1.35 $ 1.27 For the three month period ended September 30, 2021 For the nine month period ended September 30, 2021 Basic Diluted Basic Diluted Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders $ 46,745 $ 47,620 $ 123,767 $ 126,392 Weighted-average common shares outstanding 53,955,338 59,230,725 54,506,760 59,782,147 Basic and diluted earnings per share $ 0.87 $ 0.80 $ 2.27 $ 2.11 Common Stock Dividends The following table summarizes the Company’s dividends declared on its common stock during the two most recent fiscal years and the current fiscal year to-date: Date Declared Record Date Payment Date Per Common Share Amount February 24, 2020 March 31, 2020 April 17, 2020 $ 0.37 May 4, 2020 June 30, 2020 July 17, 2020 $ 0.37 August 3, 2020 September 30, 2020 October 16, 2020 $ 0.32 (2) August 3, 2020 September 30, 2020 October 16, 2020 $ 0.05 (1) November 2, 2020 December 31, 2020 January 15, 2021 $ 0.32 November 2, 2020 December 31, 2020 January 15, 2021 $ 0.04 (1) February 22, 2021 March 31, 2021 April 16, 2021 $ 0.32 February 22, 2021 March 31, 2021 April 16, 2021 $ 0.05 (1) May 3, 2021 June 30, 2021 July 15, 2021 $ 0.32 May 3, 2021 June 30, 2021 July 15, 2021 $ 0.04 (1) August 2, 2021 September 30, 2021 October 15, 2021 $ 0.32 August 2, 2021 September 30, 2021 October 15, 2021 $ 0.06 (1) November 1, 2021 December 31, 2021 January 14, 2022 $ 0.32 November 1, 2021 December 31, 2021 January 14, 2022 $ 0.07 (1) February 18, 2022 March 31, 2022 April 15, 2022 $ 0.32 February 18, 2022 March 31, 2022 April 15, 2022 $ 0.08 (1) May 2, 2022 June 30, 2022 July 15, 2022 $ 0.32 May 2, 2022 June 30, 2022 July 15, 2022 $ 0.08 (1) August 8, 2022 September 30, 2022 October 14, 2022 $ 0.34 (2) August 8, 2022 September 30, 2022 October 14, 2022 $ 0.06 (1) (1) Represents a special/supplemental dividend. (2) The Company updated its dividend policy such that the base dividend was $0.32 per share of common stock, effective with the third quarter 2020 dividend through the second quarter 2022 dividend. The Company further updated its dividend policy such that the base dividend is $0.34 per share of common stock, effective with the third quarter 2022 dividend. |
CONSOLIDATED FINANCIAL HIGHLIGH
CONSOLIDATED FINANCIAL HIGHLIGHTS | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
CONSOLIDATED FINANCIAL HIGHLIGHTS | CONSOLIDATED FINANCIAL HIGHLIGHTS The following is a schedule of consolidated financial highlights for the nine month periods ended September 30, 2022 and 2021: For the nine month periods ended September 30, 2022 September 30, 2021 Per Common Share Data: Net asset value per common share, beginning of period $ 16.91 $ 15.39 Net investment income (loss) (1) 1.45 1.13 Net realized gain (loss) and net change in unrealized appreciation (depreciation) on investments and non-investment assets and liabilities (0.10) 1.14 Net increase (decrease) in net assets resulting from operations 1.35 2.27 Dividends declared (2) (1.20) (1.11) Other 0.01 0.03 Accretion due to share repurchases 0.09 0.07 Net asset value per common share, end of period $ 17.16 $ 16.65 Market price per common share, end of period $ 11.44 $ 13.41 Number of common shares outstanding, end of period 51,616,772 53,714,444 Total return based on net asset value (3) 8.57 % 15.40 % Total return based on market price (4) (7.94) % 41.52 % Net assets attributable to Common Stockholders, end of period $ 885,651 $ 894,394 Ratio to average net assets attributable to Common Stockholders (5) : Expenses before incentive fees 6.35 % 5.71 % Expenses after incentive fees 8.16 % 7.22 % Net investment income (loss) 8.82 % 7.40 % Interest expense and credit facility fees 3.23 % 2.64 % Ratios/Supplemental Data: Asset coverage, end of period 179.56 % 180.23 % Portfolio turnover 25.70 % 30.72 % Weighted-average shares outstanding 52,388,355 54,506,760 (1) Net investment income (loss) per common share was calculated as net investment income (loss) less the preferred dividend for the period divided by the weighted average number of common shares outstanding for the period. (2) Dividends declared per common share was calculated as the sum of dividends on common stock declared during the period divided by the number of common shares outstanding at each respective quarter-end date (refer to Note 10, Net Assets). (3) Total return based on net asset value (not annualized) is based on the change in net asset value per common share during the period plus the declared dividends on common stock, assuming reinvestment of dividends in accordance with the dividend reinvestment plan, divided by the beginning net asset value for the period. (4) Total return based on market value (not annualized) is calculated as the change in market value per common share during the period plus the declared dividends on common stock, assuming reinvestment of dividends in accordance with the dividend reinvestment plan, divided by the beginning market price for the period. (5) These ratios to average net assets attributable to Common Stockholders have not been annualized. |
LITIGATION
LITIGATION | 9 Months Ended |
Sep. 30, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
LITIGATION | LITIGATIONThe Company may become party to certain lawsuits in the ordinary course of business. The Company does not believe that the outcome of current matters, if any, will materially impact the Company or its consolidated financial statements. As of September 30, 2022 and December 31, 2021, the Company was not subject to any material legal proceedings, nor, to the Company’s knowledge, is any material legal proceeding threatened against the Company.In addition, portfolio investments of the Company could be the subject of litigation or regulatory investigations in the ordinary course of business. The Company does not believe that the outcome of any current contingent liabilities of its portfolio investments, if any, will materially affect the Company or these consolidated financial statements. |
TAX
TAX | 9 Months Ended |
Sep. 30, 2022 | |
Income Tax Disclosure [Abstract] | |
TAX | TAX The Company has not recorded a liability for any uncertain tax positions pursuant to the provisions of ASC 740, Income Taxes, as of September 30, 2022 and December 31, 2021. In the normal course of business, the Company is subject to examination by federal and certain state, local and foreign tax regulators. As of September 30, 2022 and December 31, 2021, the Company had filed tax returns and therefore is subject to examination. The Company’s taxable income for each period is an estimate and will not be finally determined until the Company files its tax return for each year. Therefore, the final taxable income, and the taxable income earned in each period and carried forward for distribution in the following period, may be different than this estimate. The estimated tax character of dividends declared on preferred stock and common stock for nine month periods ended September 30, 2022 and 2021 was as follows: For the nine month periods ended September 30, 2022 September 30, 2021 Ordinary income $ 65,211 $ 62,864 Tax return of capital $ — $ — |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Sep. 30, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | SUBSEQUENT EVENTS Subsequent events have been evaluated through the date the consolidated financial statements were issued. There have been no subsequent events that require recognition or disclosure through the date the consolidated financial statements were issued, except as disclosed below and elsewhere in the consolidated financial statements. On October 31, 2022, the Board of Directors declared a base quarterly common dividend of $0.36 plus a supplemental common dividend of $0.08, which are payable on January 16, 2023 to common stockholders of record on December 30, 2022. |
SIGNIFICANT ACCOUNTING POLICI_2
SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Sep. 30, 2022 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The consolidated financial statements have been prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The Company is an investment company for the purposes of accounting and financial reporting in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services—Investment Companies (“ASC 946”) . The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, the SPV and the 2015-1 Issuer. All significant intercompany balances and transactions have been eliminated. U.S. GAAP for an investment company requires investments to be recorded at fair value. The carrying value for all other assets and liabilities approximates their fair value. |
Use of Estimates | Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make assumptions and estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management’s estimates are based on historical experiences and other factors, including expectations of future events that management believes to be reasonable under the circumstances. It also requires management to exercise judgment in the process of applying the Company’s accounting policies. Assumptions and estimates regarding the valuation of investments and their resulting impact on base management and incentive fees involve a higher degree of judgment and complexity and these assumptions and estimates may be significant to the consolidated financial statements. Actual results could differ from these estimates and such differences could be material. |
Investments | Investments Investment transactions are recorded on the trade date. Realized gains or losses are measured by the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment using the specific identification method without regard to unrealized appreciation or depreciation previously recognized, and includes investments charged off during the period, net of recoveries. Net change in unrealized appreciation or depreciation on investments as presented in the accompanying Consolidated Statements of Operations reflects the net change in the fair value of investments, including the reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized. See Note 3 for further information about fair value measurements. |
Cash, Cash Equivalents and Restricted Cash | Cash, Cash Equivalents and Restricted Cash Cash, cash equivalents and restricted cash consist of demand deposits and highly liquid investments (e.g., money market funds, U.S. treasury notes) with original maturities of three months or less. Cash equivalents are carried at amortized cost, which approximates fair value. The Company’s cash, cash equivalents and restricted cash are held with two large financial institutions and cash held in such financial institutions may, at times, exceed the Federal Deposit Insurance Corporation insured limit. As of September 30, 2022 and December 31, 2021, the Company had restricted cash balances of $29,643 and $70,081, respectively, which represent amounts that are collected by trustees who have been appointed as custodians of the assets securing certain of the Company's financing transactions, and held for payment of interest expense and principal on the outstanding borrowings, or reinvestment into new assets. |
Revenue Recognition | Revenue Recognition Interest from Investments and Realized Gain/Loss on Investments Interest income is recorded on an accrual basis and includes the accretion of discounts and amortization of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. At time of exit, the realized gain or loss on an investment is the difference between the amortized cost at time of exit and the cash received at exit using the specific identification method. The Company may have loans in its portfolio that contain payment-in-kind (“PIK”) provisions. PIK represents interest that is accrued and recorded as interest income at the contractual rates, increases the loan principal on the respective capitalization dates, and is generally due at maturity. As of September 30, 2022 and December 31, 2021, the fair value of the loans in the portfolio with PIK provisions was $194,694 and $243,220, respectively, which represents approximately 10.0% and 12.7% of total investments at fair value, respectively. For the three month and nine month periods ended September 30, 2022, the Company earned $11,146 and $18,595 in PIK income, respectively. For the three month and nine month periods ended September 30, 2021, the Company earned $2,441 and $6,884 in PIK income, respectively. Prior to September 30, 2022, PIK income was included in interest income in the accompanying Consolidated Statements of Operations. Prior periods have been conformed to the current presentation. Dividend Income Dividend income from the investment funds, Credit Fund and Credit Fund II, and other investments funds, if any, is recorded on the record date for the investment fund to the extent that such amounts are payable by the investment funds and are expected to be collected. Other Income Other income may include income such as consent, waiver, amendment, unused, underwriting, arranger and prepayment fees associated with the Company’s investment activities as well as any fees for managerial assistance services rendered by the Company to the portfolio companies. Such fees are recognized as income when earned or the services are rendered. The Company may receive fees for guaranteeing the outstanding debt of a portfolio company. Such fees are amortized into other income over the life of the guarantee. The unamortized amount, if any, is included in other assets in the accompanying Consolidated Statements of Assets and Liabilities. Non-Accrual Income |
The Credit Facility, Senior Notes, and 2015-1R Notes – Related Costs, Expenses and Deferred Financing Costs | The Credit Facility, Senior Notes, and 2015-1R Notes – Related Costs, Expenses and Deferred Financing Costs The Company entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). Interest expense and unused commitment fees on the Credit Facility are recorded on an accrual basis. Unused commitment fees are included in credit facility fees in the accompanying Consolidated Statements of Operations. On December 30, 2019, the Company closed a private offering of $115.0 million in aggregate principal amount of 4.750% Senior Unsecured Notes due December 31, 2024 (the “2019 Notes”). On December 11, 2020, the Company issued $75.0 million in aggregate principal amount of 4.500% Senior Unsecured Notes due December 31, 2024 (the “2020 Notes”, and together with the 2019 Notes, the “Senior Notes”). The Credit Facility, the 2015-1R Notes and the Senior Notes are recorded at carrying value, which approximates fair value. Deferred financing costs include capitalized expenses related to the closing or amendments of the Credit Facility. Amortization of deferred financing costs for the Credit Facility is computed on the straight-line basis over its term. The unamortized balance of such costs is included in deferred financing costs in the accompanying Consolidated Statements of Assets and Liabilities. The amortization of such costs is included in credit facility fees in the accompanying Consolidated Statements of Operations. Debt issuance costs include capitalized expenses including structuring and arrangement fees related to the offering of the 2015-1R Notes and Senior Notes. Amortization of debt issuance costs for the notes is computed on the effective yield method over the term of the notes. The unamortized balance of such costs is presented as a direct deduction to the carrying amount of the notes in the accompanying Consolidated Statements of Assets and Liabilities. The amortization of such costs is included in interest expense in the accompanying Consolidated Statements of Operations. |
Income Taxes | Income Taxes For federal income tax purposes, the Company has elected to be treated as a RIC under the Code, and intends to make the required distributions to its stockholders as specified therein. In order to qualify as a RIC, the Company must meet certain minimum distribution, source-of-income and asset diversification requirements. If such requirements are met, then the Company is generally required to pay income taxes only on the portion of its taxable income and gains it does not distribute. The minimum distribution requirements applicable to RICs require the Company to distribute to its stockholders at least 90% of its investment company taxable income (“ICTI”), as defined by the Code, each year, although depending on the level of ICTI earned in a tax year, the Company may choose to carry forward ICTI in excess of current year distributions into the next tax year. Any such carryover ICTI must be distributed before the end of that next tax year through a dividend declared prior to filing the final tax return related to the year which generated such ICTI. In addition, based on the excise distribution requirements, the Company is subject to a 4% nondeductible federal excise tax on undistributed income unless the Company distributes in a timely manner an amount at least equal to the sum of (1) 98% of its ordinary income for each calendar year, (2) 98.2% of capital gain net income (both long-term and short-term) for the one-year period ending October 31 in that calendar year and (3) any income realized, but not distributed, in the preceding year. For this purpose, however, any ordinary income or capital gain net income retained by the Company that is subject to corporate income tax is considered to have been distributed. The Company intends to make sufficient distributions each taxable year to satisfy the excise distribution requirements. |
Dividends and Distributions to Common Stockholders | Dividends and Distributions to Common Stockholders To the extent that the Company has taxable income available, the Company intends to make quarterly distributions to its common stockholders. Dividends and distributions to common stockholders are recorded on the record date. The amount to be distributed is determined by the Board of Directors each quarter and is generally based upon the taxable earnings estimated by management and available cash. Net realized capital gains, if any, are generally distributed at least annually, although the Company may decide to retain such capital gains for investment. Prior to July 5, 2017, the Company had an “opt in” dividend reinvestment plan. Effective on July 5, 2017, the Company converted the “opt in” dividend reinvestment plan to an “opt out” dividend reinvestment plan that provides for reinvestment of dividends and other distributions on behalf of the common stockholders, other than those common stockholders who have “opted out” of the plan. As a result of adopting the plan, if the Board of Directors authorizes, and the Company declares, a cash dividend or distribution, the common stockholders who have not elected to “opt out” of the dividend reinvestment plan will have their cash dividends or distributions automatically reinvested in additional shares of the Company’s common stock, rather than receiving cash. Each registered stockholder may elect to have such stockholder’s dividends and distributions distributed in cash rather than participate in the plan. For any registered stockholder that does not so elect, distributions on such stockholder’s shares will be reinvested by State Street Bank and Trust Company, the Company’s plan administrator, in additional shares. The number of shares to be issued to the stockholder will be determined based on the total dollar amount of the cash distribution payable, net of applicable withholding taxes. The Company intends to use primarily newly issued shares to implement the plan so long as the market value per share is equal to or greater than the net asset value per share on the relevant valuation date. If the market value per share is less than the net asset value per share on the relevant valuation date, the plan administrator would implement the plan through the purchase of common stock on behalf of participants in the open market, unless the Company instructs the plan administrator otherwise. |
Functional Translations | Functional Translations The functional currency of the Company is the U.S. Dollar. Investments are generally made in the local currency of the country in which the investments are domiciled and are translated into U.S. Dollars with foreign currency translation gains or losses recorded within net change in unrealized appreciation (depreciation) on investments in the accompanying Consolidated Statements of Operations. Foreign currency translation gains and losses on non-investment assets and liabilities are separately reflected in the accompanying Consolidated Statements of Operations. |
Earnings Per Common Share | Earnings Per Common Share The Company computes earnings per common share in accordance with ASC 260, Earnings Per Share (“ASC 260”). Basic earnings per common share is calculated by dividing the net increase (decrease) in net assets resulting from operations attributable to common stock by the weighted average number of shares of common stock outstanding. Diluted earnings per common share reflects the assumed conversion of all dilutive securities. |
Recent Accounting Standards Updates | Recent Accounting Standards UpdatesIn March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform (Topic 848),” which provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The amendments apply only to contracts, hedging relationships, and other transactions that reference London Interbank Offered Rate (“LIBOR”) or another reference rate expected to be discontinued because of reference rate reform. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848), which expanded the scope of Topic 848 to include derivative instruments impacted by discounting transition. ASU 2020-04 and ASU 2021-01 are effective for all entities through December 31, 2022. The expedients and exceptions provided by the amendments do not apply to contract modifications and hedging relationships entered into or evaluated after December 31, 2022, except for hedging transactions as of December 31, 2022, that an entity has elected certain optional expedients for and that are retained through the end of the hedging relationship. The Company is currently evaluating the impact of the adoption of ASU 2020-04 and 2021-01 on its consolidated financial statements. The Company does not expect this guidance to impact its consolidated financial statements. |
FAIR VALUE MEASUREMENTS (Tables
FAIR VALUE MEASUREMENTS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Fair Value Disclosures [Abstract] | |
Schedule of Investments Measured at Fair Value on Recurring Basis | The following tables summarize the Company’s investments measured at fair value on a recurring basis by the above fair value hierarchy levels as of September 30, 2022 and December 31, 2021: September 30, 2022 Level 1 Level 2 Level 3 Total Assets First Lien Debt $ — $ — $ 1,328,594 $ 1,328,594 Second Lien Debt — — 263,211 263,211 Equity Investments — — 92,552 92,552 Investment Funds Mezzanine Loan — — — — Subordinated Loan and Member's Interest — — 189,603 189,603 Total $ — $ — $ 1,873,960 $ 1,873,960 Investments measured at net asset value (1) 74,997 Total $ 1,948,957 December 31, 2021 Level 1 Level 2 Level 3 Total Assets First Lien Debt $ — $ — $ 1,232,084 $ 1,232,084 Second Lien Debt — — 341,776 341,776 Equity Investments — — 77,093 77,093 Investment Funds Mezzanine Loan — — — — Subordinated Loan and Member's Interest — — 184,141 184,141 Total $ — $ — $ 1,835,094 $ 1,835,094 Investments measured at net asset value (1) 77,958 Total $ 1,913,052 (1) Amount represents the Company's investment in Credit Fund II. The Company, as a practical expedient, estimates the fair value of this investment using the net asset value of the Company's member's interest in Credit Fund II. As such, the fair value of the Company's investment in Credit Fund II has not been categorized within the fair value hierarchy. |
Schedule of Level 3 Input Reconciliation | The changes in the Company’s investments at fair value for which the Company has used Level 3 inputs to determine fair value and net change in unrealized appreciation (depreciation) included in earnings for Level 3 investments still held are as follows: Financial Assets For the three month period ended September 30, 2022 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,257,282 $ 290,683 $ 78,633 $ 186,767 $ 1,813,365 Purchases 212,886 285 14,623 — 227,794 Sales (79,406) (19,690) — — (99,096) Paydowns (66,139) (7,000) — — (73,139) Accretion of discount 2,615 171 49 — 2,835 Net realized gains (losses) 151 (4,659) — — (4,508) Net change in unrealized appreciation (depreciation) 1,205 3,421 (753) 2,836 6,709 Balance, end of period $ 1,328,594 $ 263,211 $ 92,552 $ 189,603 $ 1,873,960 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 780 $ (834) $ (753) $ 2,836 $ 2,029 Financial Assets For the nine month period ended September 30, 2022 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,232,084 $ 341,776 $ 77,093 $ 184,141 $ 1,835,094 Purchases 518,528 966 18,297 — 537,791 Sales (177,776) (23,703) (5,034) — (206,513) Paydowns (241,555) (43,325) (1,083) — (285,963) Accretion of discount 6,833 912 189 — 7,934 Net realized gains (losses) 3,102 (5,615) 3,898 — 1,385 Net change in unrealized appreciation (depreciation) (12,622) (7,800) (808) 5,462 (15,768) Balance, end of period $ 1,328,594 $ 263,211 $ 92,552 $ 189,603 $ 1,873,960 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ (8,132) $ (7,679) $ (2,295) $ 5,462 $ (12,644) Financial Assets For the three month period ended September 30, 2021 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,246,018 $ 313,130 $ 53,379 $ 181,343 $ 1,793,870 Purchases 213,790 57,365 1,490 — 272,645 Sales (122,671) (3,038) (8,942) — (134,651) Paydowns (72,567) (15,130) (436) — (88,133) Accretion of discount 1,987 502 12 — 2,501 Net realized gains (losses) 590 (12) 6,987 — 7,565 Net change in unrealized appreciation (depreciation) 8,406 (247) 175 7,932 16,266 Balance, end of period $ 1,275,553 $ 352,570 $ 52,665 $ 189,275 $ 1,870,063 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 8,359 $ (207) $ 2,046 $ 7,932 $ 18,130 Financial Assets For the nine month period ended September 30, 2021 First Lien Debt Second Lien Debt Equity Investments Investment Fund - Subordinated Loan and Member's Interest Total Balance, beginning of period $ 1,224,063 $ 284,523 $ 33,877 $ 205,891 $ 1,748,354 Purchases 492,348 120,678 21,523 — 634,549 Sales (277,066) (7,913) (14,151) — (299,130) Paydowns (198,882) (57,526) (436) (23,000) (279,844) Accretion of discount 5,360 1,146 24 — 6,530 Net realized gains (losses) 2,218 (28) 8,993 — 11,183 Net change in unrealized appreciation (depreciation) 27,512 11,690 2,835 6,384 48,421 Balance, end of period $ 1,275,553 $ 352,570 $ 52,665 $ 189,275 $ 1,870,063 Net change in unrealized appreciation (depreciation) included in earnings related to investments still held as of the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations $ 24,914 $ 11,847 $ 4,553 $ 6,384 $ 47,698 |
Schedule of Fair Value Inputs and Valuation Techniques | The following tables summarize the quantitative information related to the significant unobservable inputs for Level 3 instruments which are carried at fair value as of September 30, 2022 and December 31, 2021: Fair Value as of September 30, 2022 Valuation Techniques Significant Unobservable Inputs Range Low High Weighted Average Investments in First Lien Debt $ 1,151,132 Discounted Cash Flow Discount Rate 4.82 % 17.13 % 8.67 % 111,546 Consensus Pricing Indicative Quotes 97.00 100.00 98.27 65,916 Income Approach Discount Rate 11.85 % 15.31 % 13.91 % Market Approach Comparable Multiple 9.17x 9.34x 9.24x Total First Lien Debt 1,328,594 Investments in Second Lien Debt 263,211 Discounted Cash Flow Discount Rate 9.05 % 13.25 % 9.86 % Total Second Lien Debt 263,211 Investments in Equity 92,552 Income Approach Discount Rate 7.22 % 11.85 % 8.76 % Market Approach Comparable Multiple 9.07x 18.47x 10.85x Total Equity Investments 92,552 Investments in Investment Fund Subordinated Loan and 189,603 Discounted Cash Flow Discount Rate 10.00 % 10.00 % 10.00 % Discounted Cash Flow Default Rate 3.00 % 3.00 % 3.00 % Discounted Cash Flow Recovery Rate 65.00 % 65.00 % 65.00 % Total Investments in Investment Fund 189,603 Total Level 3 Investments $ 1,873,960 Fair Value as of December 31, 2021 Valuation Techniques Significant Unobservable Inputs Range Low High Weighted Average Investments in First Lien Debt $ 981,627 Discounted Cash Flow Discount Rate 3.90 % 14.21 % 7.70 % 185,432 Consensus Pricing Indicative Quotes 90.00 100.00 97.69 65,025 Income Approach Discount Rate 11.55 % 13.18 % 12.24 % Market Approach Comparable Multiple 6.68x 8.16x 7.53x Total First Lien Debt 1,232,084 Investments in Second Lien Debt 299,664 Discounted Cash Flow Discount Rate 7.11 % 15.83 % 9.46 % 42,112 Consensus Pricing Indicative Quotes 97.25 98.00 97.49 Total Second Lien Debt 341,776 Investments in Equity 77,093 Income Approach Discount Rate 7.22 % 11.55 % 8.38 % Market Approach Comparable Multiple 8.16x 16.43x 11.26x Total Equity Investments 77,093 Investment in Investment Fund Subordinated Loan and Member's Interest 184,141 Discounted Cash Flow Discount Rate 8.50 % 8.50 % 8.50 % Discounted Cash Flow Default Rate 3.00 % 3.00 % 3.00 % Discounted Cash Flow Recovery Rate 65.00 % 65.00 % 65.00 % Total Investments in Investment Fund 184,141 Total Level 3 Investments $ 1,835,094 |
Schedule of Carrying Values and Fair Values of Debt | The following table presents the carrying value and fair value of the Company’s secured borrowings and senior unsecured notes disclosed but not carried at fair value as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value Secured borrowings $ 423,959 $ 423,959 $ 407,655 $ 407,655 2019 Notes 115,000 105,191 115,000 117,300 2020 Notes 75,000 69,012 75,000 75,530 Total $ 613,959 $ 598,162 $ 597,655 $ 600,485 The following table represents the carrying values (before debt issuance costs) and fair values of the Company’s 2015-1R Notes disclosed but not carried at fair value as of September 30, 2022 and December 31, 2021: September 30, 2022 December 31, 2021 Carrying Value Fair Value Carrying Value Fair Value Aaa/AAA Class A-1-1-R Notes $ 234,800 $ 227,592 $ 234,800 $ 234,941 Aaa/AAA Class A-1-2-R Notes 50,000 48,710 50,000 50,075 Aaa/AAA Class A-1-3-R Notes 25,000 23,595 25,000 24,680 AA Class A-2-R Notes 66,000 63,327 66,000 66,003 A Class B Notes 46,400 45,296 46,400 46,430 BBB- Class C Notes 27,000 26,123 27,000 26,714 Total $ 449,200 $ 434,643 $ 449,200 $ 448,843 |
RELATED PARTY TRANSACTIONS (Tab
RELATED PARTY TRANSACTIONS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Related Party Transactions [Abstract] | |
Schedule of Related Party Transactions | Below is a summary of the base management fees and incentive fees incurred during the three month and nine month periods ended September 30, 2022 and 2021. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Base management fees $ 7,262 $ 7,233 $ 21,425 $ 21,024 Incentive fees on pre-incentive fee net investment income 6,451 4,516 16,137 13,193 Realized capital gains incentive fees — — — — Accrued capital gains incentive fees — — — — Total capital gains incentive fees — — — — Total incentive fees 6,451 4,516 16,137 13,193 Total base management fees and incentive fees $ 13,713 $ 11,749 $ 37,562 $ 34,217 |
MIDDLE MARKET CREDIT FUND, LLC
MIDDLE MARKET CREDIT FUND, LLC (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
Summarized Financial Information | Below is certain summarized consolidated financial information for Credit Fund as of September 30, 2022 and December 31, 2021. As of September 30, 2022 December 31, 2021 (unaudited) Selected Consolidated Balance Sheet Information ASSETS Investments, at fair value (amortized cost of $941,134 and $940,092, respectively) $ 896,207 $ 926,959 Cash, cash equivalents and restricted cash (1) 24,991 54,041 Other assets 8,340 7,698 Total assets $ 929,538 $ 988,698 LIABILITIES AND MEMBERS’ EQUITY Secured borrowings $ 571,621 $ 600,651 Other liabilities 21,122 19,828 Subordinated loans and members’ equity (2) 336,795 368,219 Liabilities and members’ equity $ 929,538 $ 988,698 (1) As of September 30, 2022 and December 31, 2021, $10,950 and $10,816, respectively, of Credit Fund's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the subordinated loans and members’ equity was $189,603 and $184,141, respectively. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income $ 18,563 $ 17,124 $ 48,049 $ 50,951 Expenses Interest and credit facility expenses 6,858 6,701 15,983 17,437 Other expenses 410 510 1,507 1,532 Total expenses 7,268 7,211 17,490 18,969 Net investment income (loss) 11,295 9,913 30,559 31,982 Net realized gain (loss) on investments (189) 220 (189) (1,473) Net change in unrealized appreciation (depreciation) on investments (4,757) 1,500 (31,795) 15,693 Net increase (decrease) resulting from operations $ 6,349 $ 11,633 $ (1,425) $ 46,202 As of September 30, 2022 December 31, 2021 ASSETS Investments, at fair value (amortized cost of $241,485 and $238,615, respectively) $ 238,651 $ 239,289 Cash and cash equivalents (1) 10,514 10,092 Other assets 4,125 5,606 Total assets $ 253,290 $ 254,987 LIABILITIES AND MEMBERS’ EQUITY Notes payable, net of unamortized debt issuance costs of $746 and $802, respectively $ 156,754 $ 156,698 Other liabilities 7,350 5,557 Total members' equity (2) 89,186 92,732 Total liabilities and members’ equity $ 253,290 $ 254,987 (1) As of September 30, 2022 and December 31, 2021, all of Credit Fund II's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the members' equity was $74,997 and $77,958, respectively. For the three month period ended For the nine month period ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income 5,183 $ 4,838 14,263 $ 14,205 Expenses Interest and credit facility expenses 2,076 1,190 4,756 3,588 Other expenses 199 177 545 558 Total expenses 2,275 1,367 5,301 4,146 Net investment income (loss) 2,908 3,471 8,962 10,059 Net change in unrealized appreciation (depreciation) on investments (908) (850) (3,508) (138) Net increase (decrease) resulting from operations 2,000 $ 2,621 5,454 $ 9,921 Below is a summary of Credit Fund II’s portfolio, followed by a listing of the loans in Credit Fund II’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 244,688 $ 240,878 Weighted average yields of senior secured loans based on amortized cost (2) 9.57 % 7.26 % Weighted average yields of senior secured loans based on fair value (2) 9.68 % 7.24 % Number of portfolio companies in Credit Fund II 34 36 Average amount per portfolio company (1) $ 7,197 $ 6,691 Percentage of portfolio at floating interest rates (3) (4) 97.8 % 97.7 % Percentage of portfolio at fixed interest rates (4) 2.2 % 2.3 % Fair value of loans with PIK provisions $ 11,894 $ 17,453 Percentage of portfolio with PIK provisions (4) 5.0 % 7.3 % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. |
Schedule of Investments | Below is a summary of Credit Fund’s portfolio, followed by a listing of the loans in Credit Fund’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 942,952 $ 942,930 Weighted average yields of senior secured loans based on amortized cost (2) 8.59 % 6.04 % Weighted average yields of senior secured loans based on fair value (2) 8.96 % 6.09 % Number of portfolio companies in Credit Fund 44 45 Average amount per portfolio company (1) $ 21,431 $ 20,954 Number of loans on non-accrual status — — Fair value of loans on non-accrual status $ — $ — Percentage of portfolio at floating interest rates (3)(4) 100.0 % 100.0 % Percentage of portfolio at fixed interest rates (4) — % — % Fair value of loans with PIK provisions $ 16,302 $ — Percentage of portfolio with PIK provisions (4) 1.8 % — % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of original issue discount (“OID”) and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(7) Aerospace & Defense LIBOR 4.50% 8.12% 3/31/2028 $ 37,278 $ 36,780 $ 36,368 Acrisure, LLC + (2)(3) Diversified Financial Services LIBOR 3.50% 6.62% 2/13/2027 25,182 25,162 23,294 Analogic Corporation ^+ (2)(3)(7) Capital Equipment LIBOR 5.25% 8.07% 6/22/2024 20,161 20,150 19,630 Anchor Packaging, Inc. + (2)(3) Containers, Packaging & Glass LIBOR 4.00% 7.12% 7/18/2026 24,284 24,210 23,464 API Technologies Corp. + (2)(3) Aerospace & Defense LIBOR 4.25% 7.92% 5/9/2026 14,512 14,471 13,227 Aptean, Inc. + (2)(3) Software LIBOR 4.25% 7.32% 4/23/2026 12,062 12,026 11,459 Avalign Technologies, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 7.62% 12/22/2025 14,331 14,259 14,003 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 11,160 11,073 11,002 Chartis Holding, LLC ^+ (2)(3)(7) Business Services LIBOR 5.25% 6.38% 5/1/2025 6,911 6,911 6,862 Chemical Computing Group ULC (Canada) ^+ (2)(3)(7) Software LIBOR 4.50% 7.64% 8/30/2024 13,805 13,563 13,576 Diligent Corporation ^+ (2)(3)(7) Telecommunications LIBOR 6.25% 9.11% 8/4/2025 10,044 9,855 9,715 Divisions Holding Corporation + (2)(3) Business Services LIBOR 4.75% 7.87% 5/27/2028 24,750 24,543 23,667 DTI Holdco, Inc. + (2)(3) High Tech Industries SOFR 4.75% 7.33% 4/26/2029 30,000 29,429 28,450 Eliassen Group, LLC + (2)(3) Business Services SOFR 5.75% 9.30% 4/14/2028 19,424 19,187 19,178 EPS Nass Parent, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 5.75% 9.42% 4/19/2028 33,810 33,208 32,851 EvolveIP, LLC ^+ (2)(3)(6)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 40,494 40,460 39,816 Exactech, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 6.87% 2/14/2025 21,138 21,071 18,882 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.75% 8.89% 9/18/2023 14,552 14,277 14,552 GSM Acquisition Corp. ^+ (2)(3)(6)(7) Leisure Products & Services SOFR 5.00% 8.73% 11/16/2026 30,207 29,944 28,849 Heartland Home Services, Inc + (2)(3) Consumer Services LIBOR 5.75% 8.80% 12/15/2026 7,260 7,171 7,143 Heartland Home Services, Inc + (2)(3)(7) Consumer Services LIBOR 6.00% 9.12% 12/15/2026 24,317 24,233 24,121 Higginbotham Insurance Agency, Inc. + (2)(3) Diversified Financial Services LIBOR 5.25% 8.37% 11/25/2026 4,500 4,438 4,417 HMT Holding Inc. ^+ (2)(3)(6)(7) Energy: Oil & Gas SOFR 6.25% 9.27% 11/17/2025 32,232 32,086 30,289 Integrity Marketing Acquisition, LLC ^+ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 44,004 43,572 41,830 Jensen Hughes, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 4.50% 7.29% 3/22/2024 34,127 34,097 33,105 K2 Insurance Services, LLC ^+ (2)(3)(7) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 12,831 12,832 12,780 KAMC Holdings, Inc. + (2)(3) Energy: Electricity LIBOR 4.00% 7.07% 8/14/2026 13,580 13,540 10,983 KBP Investments, LLC + (2)(3)(7) Beverage & Food LIBOR 5.50% 8.40% 5/25/2027 37,173 36,966 34,700 Odyssey Logistics & Technology Corp. ^+ (2)(3) Transportation: Cargo LIBOR 4.00% 6.81% 10/12/2024 9,530 9,512 9,196 Output Services Group + (2)(3) Media: Advertising, Printing & Publishing SOFR 5.25%, 1.50% PIK 9.80% 6/27/2026 19,168 19,145 13,519 PF Atlantic Holdco 2, LLC + (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 15,435 15,196 15,167 Premise Health Holding Corp. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 7.92% 7/10/2025 13,341 13,312 13,244 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) QW Holding Corporation ^+ (2)(3)(7) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 $ 21,630 $ 21,483 $ 21,147 Radiology Partners, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 7.32% 7/9/2025 27,686 27,619 24,173 RevSpring Inc. + (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.00% 7.67% 10/11/2025 28,924 28,803 27,694 Riveron Acquisition Holdings, Inc. + (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 11,314 11,314 11,314 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 8.62% 12/30/2026 14,738 14,625 14,715 Turbo Buyer, Inc. + (2)(3)(7) Automotive LIBOR 6.00% 8.88% 12/2/2025 34,339 34,115 33,641 U.S. TelePacific Holdings Corp. + (2)(3)(6) Telecommunications SOFR 1.00%, 7.25% PIK 11.32% 5/2/2026 6,957 6,944 2,783 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 9.67% 10/19/2027 14,883 14,625 14,300 VRC Companies, LLC ^+ (2)(3)(7) Business Services LIBOR 5.50% 9.25% 6/29/2027 28,965 28,599 28,093 Welocalize, Inc. ^+ (2)(3)(7) Business Services LIBOR 4.75% 7.87% 12/23/2024 33,885 33,617 32,764 WRE Holding Corp. ^+ (2)(3)(6)(7) Environmental Industries SOFR 5.25% 8.79% 1/3/2025 8,428 8,426 8,268 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 8.80% 9/13/2027 39,600 38,921 37,976 First Lien Debt Total $ 935,770 $ 896,207 Equity Investments (—% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 941,134 $ 896,207 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility with the Company (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund’s variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Loans include a credit spread adjustment that ranges from 0.10% to 0.43%. (7) As of September 30, 2022, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt – unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38% $ 4,289 $ (94) Analogic Corporation Revolver 0.50 339 (9) Chartis Holding, LLC Revolver 0.50 2,183 (12) Chemical Computing Group ULC (Canada) Revolver 0.50 873 (14) Diligent Corporation Revolver 0.50 351 (11) EPS Nass Parent, Inc. Delayed Draw 0.50 1,488 (39) EPS Nass Parent, Inc. Revolver 1.00 1,380 (36) EvolveIP, LLC Revolver 0.50 2,757 (43) GSM Acquisition Corp. Delayed Draw 1.00 825 (36) Heartland Home Services, Inc Revolver 0.50 771 (6) HMT Holding Inc. Revolver 0.50 6,173 (312) Jensen Hughes, Inc. Revolver 0.50 2,000 (57) K2 Insurance Services, LLC Revolver 0.50 1,170 (4) KBP Investments, LLC Delayed Draw 1.00 2,598 (162) QW Holding Corporation Revolver 0.50 5,498 (98) Turbo Buyer, Inc. Revolver 0.50 933 (18) VRC Companies, LLC Revolver 0.50 708 (21) Welocalize, Inc. Revolver 0.50 3,375 (96) Welocalize, Inc. Revolver 0.50 2,250 (64) WRE Holding Corp. Revolver 0.50 849 (15) Total unfunded commitments $ 40,810 $ (1,147) Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(6) Aerospace & Defense LIBOR 4.25% 5.50% 3/31/2028 $ 34,477 $ 33,913 $ 34,477 Acrisure, LLC +# (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 3.50% 3.78% 2/13/2027 25,376 25,353 25,203 Acrisure, LLC + (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 4.25% 4.75% 2/13/2027 6,700 6,650 6,687 Analogic Corporation ^+ (2)(3)(6) Capital Equipment LIBOR 5.25% 6.25% 6/22/2024 19,796 19,781 19,587 Anchor Packaging, Inc. +# (2)(3) Containers, Packaging & Glass LIBOR 4.00% 4.10% 7/18/2026 24,472 24,385 24,215 API Technologies Corp. +# (2)(3) Aerospace & Defense LIBOR 4.25% 4.35% 5/9/2026 14,625 14,575 14,251 Aptean, Inc. +# (2)(3) Software LIBOR 4.25% 4.35% 4/23/2026 12,157 12,113 12,087 Avalign Technologies, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 4.63% 12/22/2025 14,443 14,354 14,320 Avenu Holdings, LLC + (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 23,350 23,350 23,350 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 11,244 11,143 11,071 Chartis Holding, LLC + (2)(3)(6) Business Services LIBOR 5.50% 6.50% 5/1/2025 6,964 6,964 6,964 Chemical Computing Group ULC (Canada) ^+ (2)(3)(6) Software LIBOR 4.50% 5.50% 8/30/2024 13,912 13,480 13,845 Chudy Group, LLC ^+ (2)(3)(6) Healthcare & Pharmaceuticals LIBOR 5.75% 6.75% 6/30/2027 33,021 32,465 33,657 Diligent Corporation ^+ (2)(3)(6) Telecommunications LIBOR 6.25% 7.25% 8/4/2025 9,049 8,816 9,228 Divisions Holding Corporation +# (2)(3) Business Services LIBOR 4.75% 5.50% 5/27/2028 24,938 24,706 24,953 DTI Holdco, Inc. + (2)(3) High Tech Industries LIBOR 4.75% 5.75% 9/30/2023 18,495 18,442 18,237 Eliassen Group, LLC + (2)(3) Business Services LIBOR 4.50% 4.60% 11/5/2024 15,159 15,103 15,152 EPS Nass Parent, Inc. ^+ (2)(3)(6) Utilities: Electric LIBOR 5.75% 6.75% 4/19/2028 32,846 32,169 32,507 EvolveIP, LLC ^+ (2)(3)(6) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 40,196 40,126 39,973 Exactech, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 4.75% 2/14/2025 21,307 21,221 21,073 Excel Fitness Holdings, Inc. +# (2)(3) Hotel, Gaming & Leisure LIBOR 5.25% 6.25% 10/7/2025 24,500 24,336 24,500 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.25% 6.25% 9/18/2023 14,736 14,269 14,736 GSM Acquisition Corp. ^+ (2)(3)(6) Hotel, Gaming & Leisure LIBOR 5.00% 6.00% 11/16/2026 25,623 25,331 25,396 Heartland Home Services, Inc + (2)(3)(6) Consumer Services LIBOR 6.00% 7.00% 12/15/2026 17,664 17,664 17,735 HMT Holding Inc. ^+ (2)(3)(6) Energy: Oil & Gas LIBOR 5.75% 6.75% 11/17/2023 32,484 32,245 31,086 Integrity Marketing Acquisition, LLC ^+ (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 8/27/2025 32,853 32,309 32,403 Jensen Hughes, Inc. + (2)(3)(6) Utilities: Electric LIBOR 4.50% 5.50% 3/22/2024 34,392 34,347 33,395 K2 Insurance Services, LLC + (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 12,929 12,929 12,906 KAMC Holdings, Inc. +# (2)(3) Energy: Electricity LIBOR 4.00% 4.18% 8/14/2026 13,685 13,638 11,450 KBP Investments, LLC + (2)(3)(6) Beverage, Food & Tobacco LIBOR 5.00% 5.75% 5/25/2027 36,973 36,599 36,570 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Odyssey Logistics & Technology Corp. +# (2)(3) Transportation: Cargo LIBOR 4.00% 5.00% 10/12/2024 $ 9,605 $ 9,580 $ 9,509 Output Services Group ^+ (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.50% 5.50% 3/27/2024 19,222 19,194 16,467 Premise Health Holding Corp. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.50% 3.72% 7/10/2025 13,445 13,409 13,419 Q Holding Company +# (2)(3) Automotive LIBOR 5.00% 6.00% 12/31/2023 21,515 21,421 21,098 QW Holding Corporation ^+ (2)(3)(6) Environmental Industries LIBOR 6.25% 7.25% 8/31/2024 14,116 13,887 13,645 Radiology Partners, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 4.36% 7/9/2025 27,686 27,603 27,245 RevSpring Inc. +# (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.25% 4.47% 10/11/2025 29,149 29,001 29,067 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 6.25% 12/30/2026 14,850 14,720 14,850 Turbo Buyer, Inc. + (2)(3)(6) Automotive LIBOR 6.00% 7.00% 12/2/2025 13,960 13,960 13,661 U.S. TelePacific Holdings Corp. + (2)(3) Telecommunications LIBOR 5.50% 6.50% 5/2/2023 6,660 6,643 4,995 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 7.00% 10/19/2027 14,995 14,704 14,704 VRC Companies, LLC ^+ (2)(3)(6) Business Services LIBOR 5.50% 6.25% 6/29/2027 26,520 26,103 26,162 Welocalize, Inc. + (2)(3)(6) Business Services LIBOR 4.75% 5.75% 12/23/2024 34,201 33,868 33,444 WRE Holding Corp. ^+ (2)(3)(6) Environmental Industries SOFR 5.50% 6.50% 1/3/2025 8,740 8,724 8,584 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 6.75% 9/13/2027 39,900 39,135 39,095 First Lien Debt Total $ 934,728 $ 926,959 Equity Investments (0.0% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 940,092 $ 926,959 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub or Credit Fund Warehouse II. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Warehouse II. # Denotes that all or a portion of the assets are owned by the Credit Fund Warehouse II. Credit Fund Warehouse II has entered into a revolving credit facility (the “Credit Fund Warehouse II Facility”). The lenders of the Credit Fund Warehouse II Facility have a first lien security interest in substantially all of the assets of the Credit Fund Warehouse II. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Sub. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of December 31, 2021. As of December 31, 2021, the reference rates for Credit Fund's variable rate loans were the 30-day LIBOR at 0.10%, the 90-day LIBOR at 0.22% and the 180-day LIBOR at 0.33%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) As of December 31, 2021, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt—unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38 % $ 7,350 $ — Analogic Corporation Revolver 0.50 847 (9) Chartis Holding, LLC Revolver 0.50 2,183 — Chemical Computing Group ULC (Canada) Revolver 0.50 873 (4) Chudy Group, LLC Delayed Draw 1.00 5,517 88 Chudy Group, LLC Revolver 0.50 1,379 22 Diligent Corporation Delayed Draw 1.00 1,653 26 Diligent Corporation Revolver 0.50 703 11 EPS Nass Parent, Inc. Delayed Draw 1.00 3,136 (29) EPS Nass Parent, Inc. Revolver 0.50 941 (9) EvolveIP, LLC Revolver 0.50 3,360 (17) GSM Acquisition Corp. Delayed Draw 1.00 4,313 (33) Heartland Home Services, Inc Revolver 0.50 746 3 HMT Holding Inc. Revolver 0.50 6,173 (223) Integrity Marketing Acquisition, LLC Delayed Draw — 7,000 (71) Integrity Marketing Acquisition, LLC Delayed Draw 1.00 4,453 (45) Jensen Hughes, Inc. Revolver 0.50 2,000 (55) K2 Insurance Services, LLC Revolver 0.50 1,170 (2) KBP Investments, LLC Delayed Draw 1.00 503 (5) KBP Investments, LLC Delayed Draw 1.00 2,415 (24) QW Holding Corporation Delayed Draw 1.00 9,338 (162) QW Holding Corporation Revolver 0.50 3,794 (66) Turbo Buyer, Inc. Revolver 0.50 933 (19) VRC Companies, LLC Delayed Draw 0.75 2,521 (30) VRC Companies, LLC Revolver 0.50 833 (10) Welocalize, Inc. Revolver 0.50 3,375 (64) Welocalize, Inc. Revolver 0.50 2,250 (43) WRE Holding Corp. Revolver 0.50 624 (10) Total unfunded commitments $ 80,383 $ (780) Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (89.5% of fair value) Airnov, Inc. ^ (2)(3) Containers, Packaging & Glass LIBOR 5.00% 8.58% 12/19/2025 $ 9,870 $ 9,858 $ 9,833 Alpine Acquisition Corp II ^ (2)(3)(7) Transportation: Cargo SOFR 5.50% 8.42% 11/30/2026 3,300 3,190 3,181 American Physician Partners, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 6.75%, 3.50% PIK 13.39% 10/21/2022 8,968 8,968 8,939 Appriss Health, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 7.25% 9.93% 5/6/2027 7,512 7,379 7,338 Apptio, Inc. ^ (2)(3) Software LIBOR 6.00% 8.46% 1/10/2025 5,357 5,309 5,357 Aurora Lux FinCo S.Á.R.L. (Luxembourg) ^ (2)(3) Software LIBOR 6.00% 8.78% 12/24/2026 4,322 4,250 4,065 BMS Holdings III Corp. ^ (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 3,250 3,199 3,204 Chartis Holding, LLC ^ (2)(3) Business Services LIBOR 5.25% 6.38% 5/1/2025 9,848 9,835 9,796 Comar Holding Company, LLC ^ (2)(3) Containers, Packaging & Glass LIBOR 5.75% 9.39% 6/18/2024 8,642 8,588 8,269 Cority Software Inc. (Canada) ^ (2)(3) Software SOFR 5.50% 7.78% 7/2/2026 8,646 8,543 8,569 Dwyer Instruments, Inc. ^ (2)(3) Capital Equipment LIBOR 6.00% 9.38% 7/21/2027 9,939 9,885 9,797 EvolveIP, LLC ^ (2)(3)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 8,643 8,639 8,508 Harbour Benefit Holdings, Inc. ^ (2)(3) Business Services LIBOR 5.25% 8.79% 12/13/2024 9,926 9,903 9,891 Hoosier Intermediate, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 5.50% 8.56% 11/15/2028 6,463 6,270 6,135 Integrity Marketing Acquisition, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.75% 8.85% 8/27/2025 4,883 4,718 4,655 Integrity Marketing Acquisition, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 4,546 4,366 4,321 K2 Insurance Services, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 8,944 8,850 8,911 Material Holdings, LLC ^ (2)(3) Business Services SOFR 6.00% 9.64% 8/19/2027 7,920 7,846 7,561 Maverick Acquisition, Inc. ^ (2)(3) Aerospace & Defense LIBOR 6.25% 9.92% 6/1/2027 7,920 7,774 7,069 NMI AcquisitionCo, Inc. ^ (2)(3) High Tech Industries LIBOR 5.75% 8.87% 9/6/2025 8,640 8,640 8,435 PF Atlantic Holdco 2, LLC ^ (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 9,975 9,669 9,802 QW Holding Corporation ^ (2)(3) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 9,973 9,825 9,796 Riveron Acquisition Holdings, Inc. ^ (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 8,111 8,032 8,111 RSC Acquisition, Inc. ^ (2)(3)(7) Diversified Financial Services SOFR 5.50% 8.38% 11/1/2026 8,337 8,231 7,983 TCFI Aevex LLC ^ (2)(3) Aerospace & Defense LIBOR 6.00% 8.69% 3/18/2026 1,688 1,667 1,407 Turbo Buyer, Inc. ^ (2)(3) Automotive LIBOR 6.00% 8.88% 12/2/2025 8,029 7,913 7,870 U.S. Legal Support, Inc. ^ (2)(3)(7) Business Services SOFR 5.75% 9.29% 11/30/2024 6,186 6,178 6,082 US INFRA SVCS Buyer, LLC ^ (2)(3) Environmental Industries LIBOR 6.50%, 0.25% PIK 8.78% 4/13/2026 3,111 3,071 2,955 Westfall Technik, Inc. ^ (2)(3) Chemicals, Plastics & Rubber SOFR 6.25% 9.80% 9/13/2024 6,433 6,374 6,304 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Wineshipping.com LLC ^ (2)(3) Beverage & Food LIBOR 5.75% 7.63% 10/29/2027 $ 9,975 $ 9,618 $ 9,483 First Lien Debt Total $ 216,588 $ 213,627 Second Lien Debt (10.5% of fair value) AI Convoy S.A.R.L (United Kingdom) ^ (2)(3) Aerospace & Defense LIBOR 8.25% 9.80% 1/17/2028 $ 5,514 $ 5,422 $ 5,734 AP Plastics Acquisition Holdings, LLC ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 7.50% 10.49% 8/10/2029 4,500 4,417 4,406 AQA Acquisition Holdings, Inc. ^ (2)(3) High Tech Industries LIBOR 7.50% 10.57% 3/3/2029 5,000 4,890 4,843 Quartz Holding Company ^ (2)(3) Software LIBOR 8.00% 11.12% 4/2/2027 4,852 4,789 4,821 World 50, Inc. ^ (6) Business Services FIXED 11.50% 11.50% 1/9/2027 5,465 5,379 5,220 Second Lien Debt Total $ 24,897 $ 25,024 Total Investments $ 241,485 $ 238,651 ^ Denotes that all or a portion of the assets are owned by Credit Fund II Sub. Credit Fund II Sub has entered into the Credit Fund II Sub Notes. The lenders of the Credit Fund II Sub Notes have a first lien security interest in substantially all of the assets of Credit Fund II Sub. Accordingly, such assets are not available to creditors of Credit Fund II. (1) Unless otherwise indicated, issuers of investments held by Credit Fund II are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 3.6% in Canada, 1.7% in Luxembourg, 2.4% in the United Kingdom and 92.3% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund II has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund II's variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund II, pursuant to Credit Fund II’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Represents a corporate mezzanine loan, which is subordinated to senior secured term loans of the portfolio company . (7) Loans include a credit spread adjustment that ranges from 0.10% to 0.25%. Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (87.0% of fair value) Airnov, Inc. ^ (2)(3) Containers, Packaging & Glass LIBOR 5.00% 6.00% 12/19/2025 $ 9,946 $ 9,930 $ 9,946 American Physician Partners, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 6.75%, 1.50% PIK 9.25% 2/21/2022 8,415 8,415 8,415 Appriss Health, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 7.25% 8.25% 5/6/2027 1,197 1,178 1,198 Apptio, Inc. ^ (2)(3) Software LIBOR 7.25% 8.25% 1/10/2025 5,357 5,295 5,357 Aurora Lux FinCo S.Á.R.L. (Luxembourg) ^ (2)(3) Software LIBOR 6.00% 7.00% 12/24/2026 4,355 4,273 3,924 Avenu Holdings, LLC ^ (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 987 980 987 BMS Holdings III Corp. ^ (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 3,275 3,216 3,224 Captive Resources Midco, LLC ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 5/31/2027 8,193 8,108 8,147 Chartis Holding, LLC ^ (2)(3) Business Services LIBOR 5.50% 6.50% 5/1/2025 9,924 9,907 9,924 Comar Holding Company, LLC ^ (2)(3) Containers, Packaging & Glass LIBOR 5.75% 6.75% 6/18/2024 8,710 8,632 8,536 Cority Software Inc. (Canada) ^ (2)(3) Software LIBOR 5.00% 6.00% 7/2/2026 8,712 8,591 8,707 Dwyer Instruments, Inc ^ (2)(3) Capital Equipment LIBOR 5.50% 6.25% 7/21/2027 10,000 9,939 9,974 Ethos Veterinary Health LLC ^ (2)(3) Consumer Services LIBOR 4.75% 4.85% 5/15/2026 8,134 8,080 8,134 EvolveIP, LLC ^ (2)(3) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 8,710 8,701 8,666 Harbour Benefit Holdings, Inc. ^ (2)(3) Business Services LIBOR 5.25% 6.25% 12/13/2024 4,717 4,707 4,669 K2 Insurance Services, LLC ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 9,012 8,914 8,998 Kaseya, Inc. ^ (2)(3) High Tech Industries LIBOR 5.50%, 1.00% PIK 7.50% 5/3/2025 9,092 8,987 9,038 Material Holdings, LLC ^ (2)(3) Business Services LIBOR 5.75% 6.50% 8/19/2027 7,980 7,896 7,891 Maverick Acquisition, Inc. ^ (2)(3) Aerospace & Defense LIBOR 6.00% 7.00% 6/1/2027 7,980 7,814 7,808 National Technical Systems, Inc. ^ (2)(3) Aerospace & Defense LIBOR 5.50% 6.50% 6/12/2023 8,733 8,720 8,733 NMI AcquisitionCo, Inc. ^ (2)(3) High Tech Industries LIBOR 5.75% 6.50% 9/6/2025 8,708 8,680 8,601 Redwood Services Group, LLC ^ (2)(3) High Tech Industries LIBOR 6.00% 7.00% 6/6/2024 8,736 8,724 8,737 Riveron Acquisition Holdings, Inc. ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.75% 6.75% 5/22/2025 8,173 8,074 8,173 RSC Acquisition, Inc. ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 11/1/2026 8,401 8,277 8,434 Superior Health Linens, LLC ^ (2)(3) Business Services LIBOR 6.50% 7.50% 3/31/2022 6,875 6,875 6,875 TCFI Aevex LLC ^ (2)(3) Aerospace & Defense LIBOR 6.00% 7.00% 3/18/2026 1,701 1,676 1,458 Turbo Buyer, Inc. ^ (2)(3) Automotive LIBOR 6.00% 7.00% 12/2/2025 8,091 7,950 7,929 US INFRA SVCS Buyer, LLC ^ (2)(3) Environmental Industries LIBOR 6.50% 7.50% 4/13/2026 3,267 3,217 3,189 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) USLS Acquisition, Inc. ^ (2)(3) Business Services LIBOR 5.50% 6.50% 11/30/2024 $ 6,234 $ 6,223 $ 6,165 Westfall Technik, Inc. ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 5.75% 6.75% 9/13/2024 6,418 6,337 6,359 First Lien Debt Total $ 208,316 $ 208,196 Second Lien Debt (13.0%) of fair value) AI Convoy S.A.R.L (United Kingdom) ^ (2)(3) Aerospace & Defense LIBOR 8.25% 9.25% 1/17/2028 $ 5,514 $ 5,413 $ 5,720 AP Plastics Acquisition Holdings, LLC ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 7.50% 8.25% 8/10/2029 4,500 4,410 4,526 AQA Acquisition Holdings, Inc. ^ (2)(3) High Tech Industries LIBOR 7.50% 8.00% 3/3/2029 5,000 4,881 5,004 Quartz Holding Company ^ (2)(3) Software LIBOR 8.00% 8.10% 4/2/2027 4,852 4,781 4,852 Tank Holding Corp. ^ (2)(3) Capital Equipment LIBOR 8.25% 8.35% 3/26/2027 5,514 5,446 5,569 World 50, Inc. ^ (6) Business Services FIXED 11.50% 11.50% 1/9/2027 5,465 5,368 5,422 Second Lien Debt Total $ 30,299 $ 31,093 Total Investments $ 238,615 $ 239,289 ^ Denotes that all or a portion of the assets are owned by Credit Fund II Sub. Credit Fund II Sub has entered into the Credit Fund II Sub Notes. The lenders of the Credit Fund II Sub Notes have a first lien security interest in substantially all of the assets of Credit Fund II Sub. Accordingly, such assets are not available to creditors of Credit Fund II. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of |
Schedule of Credit Facilities | Below is a summary of the borrowings and repayments under the credit facilities for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the credit facilities for the respective periods. Credit Fund Credit Fund Sub Credit Fund Warehouse II Facility 2022 2021 2022 2021 2022 2021 Three Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 532,621 $ 515,121 $ — $ 82,163 Borrowings — — 51,000 167,500 — 44,250 Repayments — — (12,000) (52,000) — — Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Nine Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 514,621 $ 420,859 $ 86,030 $ 93,402 Borrowings — — 138,000 393,000 — 52,250 Repayments — — (81,000) (183,238) (86,030) (19,239) Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Below is a summary of the borrowings and repayments under the Credit Facility for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the Facilities for the respective periods. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Outstanding Borrowing, beginning of period $ 443,395 $ 365,060 $ 407,655 $ 347,949 Borrowings 111,011 157,552 313,511 337,031 Repayments (125,000) (95,000) (284,746) (257,500) Foreign currency translation (5,447) (2,067) (12,461) (1,935) Outstanding Borrowing, end of period $ 423,959 $ 425,545 $ 423,959 $ 425,545 The Credit Facility consisted of the following as of September 30, 2022 and December 31, 2021: September 30, 2022 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 423,959 $ 264,041 $ 265,350 Total $ 688,000 $ 423,959 $ 264,041 $ 265,350 December 31, 2021 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 407,655 $ 280,345 $ 280,706 Total $ 688,000 $ 407,655 $ 280,345 $ 280,706 (1) The unused portion is the amount upon which commitment fees are based. (2) Available for borrowing based on the computation of collateral to support the borrowings and subject to compliance with applicable covenants and financial ratios. For the three month and nine month periods ended September 30, 2022 and 2021, the components of interest expense and credit facility fees were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,292 $ 2,638 $ 9,395 $ 6,809 Facility unused commitment fee 175 243 805 885 Amortization of deferred financing costs 271 192 746 574 Total interest expense and credit facility fees $ 4,738 $ 3,073 $ 10,946 $ 8,268 Cash paid for interest expense $ 2,242 $ 2,730 $ 7,717 $ 7,094 Average principal debt outstanding $ 423,487 $ 432,039 $ 385,509 $ 376,421 Weighted average interest rate 3.97 % 2.39 % 3.21 % 2.39 % As of September 30, 2022 and December 31, 2021, the components of interest and credit facilities payable were as follows: As of September 30, 2022 December 31, 2021 Interest expense payable $ 875 $ 264 Unused commitment fees payable — 3 Other credit facility fees payable 25 — Interest and credit facilities payable $ 900 $ 267 Weighted average interest rate (based on floating benchmark rates) 4.28 % 2.39 % |
MIDDLE MARKET CREDIT FUND II,_2
MIDDLE MARKET CREDIT FUND II, LLC (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
Summarized Financial Information | Below is certain summarized consolidated financial information for Credit Fund as of September 30, 2022 and December 31, 2021. As of September 30, 2022 December 31, 2021 (unaudited) Selected Consolidated Balance Sheet Information ASSETS Investments, at fair value (amortized cost of $941,134 and $940,092, respectively) $ 896,207 $ 926,959 Cash, cash equivalents and restricted cash (1) 24,991 54,041 Other assets 8,340 7,698 Total assets $ 929,538 $ 988,698 LIABILITIES AND MEMBERS’ EQUITY Secured borrowings $ 571,621 $ 600,651 Other liabilities 21,122 19,828 Subordinated loans and members’ equity (2) 336,795 368,219 Liabilities and members’ equity $ 929,538 $ 988,698 (1) As of September 30, 2022 and December 31, 2021, $10,950 and $10,816, respectively, of Credit Fund's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the subordinated loans and members’ equity was $189,603 and $184,141, respectively. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income $ 18,563 $ 17,124 $ 48,049 $ 50,951 Expenses Interest and credit facility expenses 6,858 6,701 15,983 17,437 Other expenses 410 510 1,507 1,532 Total expenses 7,268 7,211 17,490 18,969 Net investment income (loss) 11,295 9,913 30,559 31,982 Net realized gain (loss) on investments (189) 220 (189) (1,473) Net change in unrealized appreciation (depreciation) on investments (4,757) 1,500 (31,795) 15,693 Net increase (decrease) resulting from operations $ 6,349 $ 11,633 $ (1,425) $ 46,202 As of September 30, 2022 December 31, 2021 ASSETS Investments, at fair value (amortized cost of $241,485 and $238,615, respectively) $ 238,651 $ 239,289 Cash and cash equivalents (1) 10,514 10,092 Other assets 4,125 5,606 Total assets $ 253,290 $ 254,987 LIABILITIES AND MEMBERS’ EQUITY Notes payable, net of unamortized debt issuance costs of $746 and $802, respectively $ 156,754 $ 156,698 Other liabilities 7,350 5,557 Total members' equity (2) 89,186 92,732 Total liabilities and members’ equity $ 253,290 $ 254,987 (1) As of September 30, 2022 and December 31, 2021, all of Credit Fund II's cash and cash equivalents was restricted. (2) As of September 30, 2022 and December 31, 2021, the fair value of Company's ownership interest in the members' equity was $74,997 and $77,958, respectively. For the three month period ended For the nine month period ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (unaudited) (unaudited) Selected Consolidated Statement of Operations Information: Total investment income 5,183 $ 4,838 14,263 $ 14,205 Expenses Interest and credit facility expenses 2,076 1,190 4,756 3,588 Other expenses 199 177 545 558 Total expenses 2,275 1,367 5,301 4,146 Net investment income (loss) 2,908 3,471 8,962 10,059 Net change in unrealized appreciation (depreciation) on investments (908) (850) (3,508) (138) Net increase (decrease) resulting from operations 2,000 $ 2,621 5,454 $ 9,921 Below is a summary of Credit Fund II’s portfolio, followed by a listing of the loans in Credit Fund II’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 244,688 $ 240,878 Weighted average yields of senior secured loans based on amortized cost (2) 9.57 % 7.26 % Weighted average yields of senior secured loans based on fair value (2) 9.68 % 7.24 % Number of portfolio companies in Credit Fund II 34 36 Average amount per portfolio company (1) $ 7,197 $ 6,691 Percentage of portfolio at floating interest rates (3) (4) 97.8 % 97.7 % Percentage of portfolio at fixed interest rates (4) 2.2 % 2.3 % Fair value of loans with PIK provisions $ 11,894 $ 17,453 Percentage of portfolio with PIK provisions (4) 5.0 % 7.3 % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. |
Schedule of Investments | Below is a summary of Credit Fund’s portfolio, followed by a listing of the loans in Credit Fund’s portfolio as of September 30, 2022 and December 31, 2021: As of September 30, 2022 December 31, 2021 Senior secured loans (1) $ 942,952 $ 942,930 Weighted average yields of senior secured loans based on amortized cost (2) 8.59 % 6.04 % Weighted average yields of senior secured loans based on fair value (2) 8.96 % 6.09 % Number of portfolio companies in Credit Fund 44 45 Average amount per portfolio company (1) $ 21,431 $ 20,954 Number of loans on non-accrual status — — Fair value of loans on non-accrual status $ — $ — Percentage of portfolio at floating interest rates (3)(4) 100.0 % 100.0 % Percentage of portfolio at fixed interest rates (4) — % — % Fair value of loans with PIK provisions $ 16,302 $ — Percentage of portfolio with PIK provisions (4) 1.8 % — % (1) At par/principal amount. (2) Weighted average yields include the effect of accretion of discounts and amortization of premiums and are based on interest rates as of September 30, 2022 and December 31, 2021. Weighted average yield on debt and income producing securities at fair value is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of original issue discount (“OID”) and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at fair value included in such securities. Weighted average yield on debt and income producing securities at amortized cost is computed as (a) the annual stated interest rate or yield earned plus the net annual amortization of OID and market discount earned on accruing debt included in such securities, divided by (b) total first lien and second lien debt at amortized cost included in such securities. Actual yields earned over the life of each investment could differ materially from the yields presented above. (3) Floating rate debt investments are generally subject to interest rate floors. (4) Percentages based on fair value. Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(7) Aerospace & Defense LIBOR 4.50% 8.12% 3/31/2028 $ 37,278 $ 36,780 $ 36,368 Acrisure, LLC + (2)(3) Diversified Financial Services LIBOR 3.50% 6.62% 2/13/2027 25,182 25,162 23,294 Analogic Corporation ^+ (2)(3)(7) Capital Equipment LIBOR 5.25% 8.07% 6/22/2024 20,161 20,150 19,630 Anchor Packaging, Inc. + (2)(3) Containers, Packaging & Glass LIBOR 4.00% 7.12% 7/18/2026 24,284 24,210 23,464 API Technologies Corp. + (2)(3) Aerospace & Defense LIBOR 4.25% 7.92% 5/9/2026 14,512 14,471 13,227 Aptean, Inc. + (2)(3) Software LIBOR 4.25% 7.32% 4/23/2026 12,062 12,026 11,459 Avalign Technologies, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 7.62% 12/22/2025 14,331 14,259 14,003 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 11,160 11,073 11,002 Chartis Holding, LLC ^+ (2)(3)(7) Business Services LIBOR 5.25% 6.38% 5/1/2025 6,911 6,911 6,862 Chemical Computing Group ULC (Canada) ^+ (2)(3)(7) Software LIBOR 4.50% 7.64% 8/30/2024 13,805 13,563 13,576 Diligent Corporation ^+ (2)(3)(7) Telecommunications LIBOR 6.25% 9.11% 8/4/2025 10,044 9,855 9,715 Divisions Holding Corporation + (2)(3) Business Services LIBOR 4.75% 7.87% 5/27/2028 24,750 24,543 23,667 DTI Holdco, Inc. + (2)(3) High Tech Industries SOFR 4.75% 7.33% 4/26/2029 30,000 29,429 28,450 Eliassen Group, LLC + (2)(3) Business Services SOFR 5.75% 9.30% 4/14/2028 19,424 19,187 19,178 EPS Nass Parent, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 5.75% 9.42% 4/19/2028 33,810 33,208 32,851 EvolveIP, LLC ^+ (2)(3)(6)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 40,494 40,460 39,816 Exactech, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 6.87% 2/14/2025 21,138 21,071 18,882 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.75% 8.89% 9/18/2023 14,552 14,277 14,552 GSM Acquisition Corp. ^+ (2)(3)(6)(7) Leisure Products & Services SOFR 5.00% 8.73% 11/16/2026 30,207 29,944 28,849 Heartland Home Services, Inc + (2)(3) Consumer Services LIBOR 5.75% 8.80% 12/15/2026 7,260 7,171 7,143 Heartland Home Services, Inc + (2)(3)(7) Consumer Services LIBOR 6.00% 9.12% 12/15/2026 24,317 24,233 24,121 Higginbotham Insurance Agency, Inc. + (2)(3) Diversified Financial Services LIBOR 5.25% 8.37% 11/25/2026 4,500 4,438 4,417 HMT Holding Inc. ^+ (2)(3)(6)(7) Energy: Oil & Gas SOFR 6.25% 9.27% 11/17/2025 32,232 32,086 30,289 Integrity Marketing Acquisition, LLC ^+ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 44,004 43,572 41,830 Jensen Hughes, Inc. ^+ (2)(3)(7) Utilities: Electric LIBOR 4.50% 7.29% 3/22/2024 34,127 34,097 33,105 K2 Insurance Services, LLC ^+ (2)(3)(7) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 12,831 12,832 12,780 KAMC Holdings, Inc. + (2)(3) Energy: Electricity LIBOR 4.00% 7.07% 8/14/2026 13,580 13,540 10,983 KBP Investments, LLC + (2)(3)(7) Beverage & Food LIBOR 5.50% 8.40% 5/25/2027 37,173 36,966 34,700 Odyssey Logistics & Technology Corp. ^+ (2)(3) Transportation: Cargo LIBOR 4.00% 6.81% 10/12/2024 9,530 9,512 9,196 Output Services Group + (2)(3) Media: Advertising, Printing & Publishing SOFR 5.25%, 1.50% PIK 9.80% 6/27/2026 19,168 19,145 13,519 PF Atlantic Holdco 2, LLC + (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 15,435 15,196 15,167 Premise Health Holding Corp. + (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 7.92% 7/10/2025 13,341 13,312 13,244 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) QW Holding Corporation ^+ (2)(3)(7) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 $ 21,630 $ 21,483 $ 21,147 Radiology Partners, Inc. + (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 7.32% 7/9/2025 27,686 27,619 24,173 RevSpring Inc. + (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.00% 7.67% 10/11/2025 28,924 28,803 27,694 Riveron Acquisition Holdings, Inc. + (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 11,314 11,314 11,314 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 8.62% 12/30/2026 14,738 14,625 14,715 Turbo Buyer, Inc. + (2)(3)(7) Automotive LIBOR 6.00% 8.88% 12/2/2025 34,339 34,115 33,641 U.S. TelePacific Holdings Corp. + (2)(3)(6) Telecommunications SOFR 1.00%, 7.25% PIK 11.32% 5/2/2026 6,957 6,944 2,783 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 9.67% 10/19/2027 14,883 14,625 14,300 VRC Companies, LLC ^+ (2)(3)(7) Business Services LIBOR 5.50% 9.25% 6/29/2027 28,965 28,599 28,093 Welocalize, Inc. ^+ (2)(3)(7) Business Services LIBOR 4.75% 7.87% 12/23/2024 33,885 33,617 32,764 WRE Holding Corp. ^+ (2)(3)(6)(7) Environmental Industries SOFR 5.25% 8.79% 1/3/2025 8,428 8,426 8,268 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 8.80% 9/13/2027 39,600 38,921 37,976 First Lien Debt Total $ 935,770 $ 896,207 Equity Investments (—% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 941,134 $ 896,207 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility with the Company (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund’s variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Loans include a credit spread adjustment that ranges from 0.10% to 0.43%. (7) As of September 30, 2022, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt – unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38% $ 4,289 $ (94) Analogic Corporation Revolver 0.50 339 (9) Chartis Holding, LLC Revolver 0.50 2,183 (12) Chemical Computing Group ULC (Canada) Revolver 0.50 873 (14) Diligent Corporation Revolver 0.50 351 (11) EPS Nass Parent, Inc. Delayed Draw 0.50 1,488 (39) EPS Nass Parent, Inc. Revolver 1.00 1,380 (36) EvolveIP, LLC Revolver 0.50 2,757 (43) GSM Acquisition Corp. Delayed Draw 1.00 825 (36) Heartland Home Services, Inc Revolver 0.50 771 (6) HMT Holding Inc. Revolver 0.50 6,173 (312) Jensen Hughes, Inc. Revolver 0.50 2,000 (57) K2 Insurance Services, LLC Revolver 0.50 1,170 (4) KBP Investments, LLC Delayed Draw 1.00 2,598 (162) QW Holding Corporation Revolver 0.50 5,498 (98) Turbo Buyer, Inc. Revolver 0.50 933 (18) VRC Companies, LLC Revolver 0.50 708 (21) Welocalize, Inc. Revolver 0.50 3,375 (96) Welocalize, Inc. Revolver 0.50 2,250 (64) WRE Holding Corp. Revolver 0.50 849 (15) Total unfunded commitments $ 40,810 $ (1,147) Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (100.0% of fair value) ACR Group Borrower, LLC ^+ (2)(3)(6) Aerospace & Defense LIBOR 4.25% 5.50% 3/31/2028 $ 34,477 $ 33,913 $ 34,477 Acrisure, LLC +# (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 3.50% 3.78% 2/13/2027 25,376 25,353 25,203 Acrisure, LLC + (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 4.25% 4.75% 2/13/2027 6,700 6,650 6,687 Analogic Corporation ^+ (2)(3)(6) Capital Equipment LIBOR 5.25% 6.25% 6/22/2024 19,796 19,781 19,587 Anchor Packaging, Inc. +# (2)(3) Containers, Packaging & Glass LIBOR 4.00% 4.10% 7/18/2026 24,472 24,385 24,215 API Technologies Corp. +# (2)(3) Aerospace & Defense LIBOR 4.25% 4.35% 5/9/2026 14,625 14,575 14,251 Aptean, Inc. +# (2)(3) Software LIBOR 4.25% 4.35% 4/23/2026 12,157 12,113 12,087 Avalign Technologies, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.50% 4.63% 12/22/2025 14,443 14,354 14,320 Avenu Holdings, LLC + (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 23,350 23,350 23,350 BMS Holdings III Corp. + (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 11,244 11,143 11,071 Chartis Holding, LLC + (2)(3)(6) Business Services LIBOR 5.50% 6.50% 5/1/2025 6,964 6,964 6,964 Chemical Computing Group ULC (Canada) ^+ (2)(3)(6) Software LIBOR 4.50% 5.50% 8/30/2024 13,912 13,480 13,845 Chudy Group, LLC ^+ (2)(3)(6) Healthcare & Pharmaceuticals LIBOR 5.75% 6.75% 6/30/2027 33,021 32,465 33,657 Diligent Corporation ^+ (2)(3)(6) Telecommunications LIBOR 6.25% 7.25% 8/4/2025 9,049 8,816 9,228 Divisions Holding Corporation +# (2)(3) Business Services LIBOR 4.75% 5.50% 5/27/2028 24,938 24,706 24,953 DTI Holdco, Inc. + (2)(3) High Tech Industries LIBOR 4.75% 5.75% 9/30/2023 18,495 18,442 18,237 Eliassen Group, LLC + (2)(3) Business Services LIBOR 4.50% 4.60% 11/5/2024 15,159 15,103 15,152 EPS Nass Parent, Inc. ^+ (2)(3)(6) Utilities: Electric LIBOR 5.75% 6.75% 4/19/2028 32,846 32,169 32,507 EvolveIP, LLC ^+ (2)(3)(6) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 40,196 40,126 39,973 Exactech, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.75% 4.75% 2/14/2025 21,307 21,221 21,073 Excel Fitness Holdings, Inc. +# (2)(3) Hotel, Gaming & Leisure LIBOR 5.25% 6.25% 10/7/2025 24,500 24,336 24,500 Frontline Technologies Holdings, LLC + (2)(3) Software LIBOR 5.25% 6.25% 9/18/2023 14,736 14,269 14,736 GSM Acquisition Corp. ^+ (2)(3)(6) Hotel, Gaming & Leisure LIBOR 5.00% 6.00% 11/16/2026 25,623 25,331 25,396 Heartland Home Services, Inc + (2)(3)(6) Consumer Services LIBOR 6.00% 7.00% 12/15/2026 17,664 17,664 17,735 HMT Holding Inc. ^+ (2)(3)(6) Energy: Oil & Gas LIBOR 5.75% 6.75% 11/17/2023 32,484 32,245 31,086 Integrity Marketing Acquisition, LLC ^+ (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 8/27/2025 32,853 32,309 32,403 Jensen Hughes, Inc. + (2)(3)(6) Utilities: Electric LIBOR 4.50% 5.50% 3/22/2024 34,392 34,347 33,395 K2 Insurance Services, LLC + (2)(3)(6) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 12,929 12,929 12,906 KAMC Holdings, Inc. +# (2)(3) Energy: Electricity LIBOR 4.00% 4.18% 8/14/2026 13,685 13,638 11,450 KBP Investments, LLC + (2)(3)(6) Beverage, Food & Tobacco LIBOR 5.00% 5.75% 5/25/2027 36,973 36,599 36,570 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Odyssey Logistics & Technology Corp. +# (2)(3) Transportation: Cargo LIBOR 4.00% 5.00% 10/12/2024 $ 9,605 $ 9,580 $ 9,509 Output Services Group ^+ (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.50% 5.50% 3/27/2024 19,222 19,194 16,467 Premise Health Holding Corp. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 3.50% 3.72% 7/10/2025 13,445 13,409 13,419 Q Holding Company +# (2)(3) Automotive LIBOR 5.00% 6.00% 12/31/2023 21,515 21,421 21,098 QW Holding Corporation ^+ (2)(3)(6) Environmental Industries LIBOR 6.25% 7.25% 8/31/2024 14,116 13,887 13,645 Radiology Partners, Inc. +# (2)(3) Healthcare & Pharmaceuticals LIBOR 4.25% 4.36% 7/9/2025 27,686 27,603 27,245 RevSpring Inc. +# (2)(3) Media: Advertising, Printing & Publishing LIBOR 4.25% 4.47% 10/11/2025 29,149 29,001 29,067 Striper Buyer, LLC + (2)(3) Containers, Packaging & Glass LIBOR 5.50% 6.25% 12/30/2026 14,850 14,720 14,850 Turbo Buyer, Inc. + (2)(3)(6) Automotive LIBOR 6.00% 7.00% 12/2/2025 13,960 13,960 13,661 U.S. TelePacific Holdings Corp. + (2)(3) Telecommunications LIBOR 5.50% 6.50% 5/2/2023 6,660 6,643 4,995 USALCO, LLC + (2)(3) Chemicals, Plastics & Rubber LIBOR 6.00% 7.00% 10/19/2027 14,995 14,704 14,704 VRC Companies, LLC ^+ (2)(3)(6) Business Services LIBOR 5.50% 6.25% 6/29/2027 26,520 26,103 26,162 Welocalize, Inc. + (2)(3)(6) Business Services LIBOR 4.75% 5.75% 12/23/2024 34,201 33,868 33,444 WRE Holding Corp. ^+ (2)(3)(6) Environmental Industries SOFR 5.50% 6.50% 1/3/2025 8,740 8,724 8,584 Yellowstone Buyer Acquisition, LLC + (2)(3) Consumer Goods: Durable LIBOR 5.75% 6.75% 9/13/2027 39,900 39,135 39,095 First Lien Debt Total $ 934,728 $ 926,959 Equity Investments (0.0% of fair value) DBI Holding, LLC ^ Transportation: Cargo 2,961 $ — $ — DBI Holding, LLC ^ Transportation: Cargo 13,996 5,364 — Equity Investments Total $ 5,364 $ — Total Investments $ 940,092 $ 926,959 ^ Denotes that all or a portion of the assets are owned by Credit Fund. Credit Fund has entered into a revolving credit facility (the “Credit Fund Facility”). Accordingly, such assets are not available to creditors of Credit Fund Sub or Credit Fund Warehouse II. + Denotes that all or a portion of the assets are owned by Credit Fund Sub. Credit Fund Sub has entered into a revolving credit facility (the “Credit Fund Sub Facility”). The lenders of the Credit Fund Sub Facility have a first lien security interest in substantially all of the assets of Credit Fund Sub. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Warehouse II. # Denotes that all or a portion of the assets are owned by the Credit Fund Warehouse II. Credit Fund Warehouse II has entered into a revolving credit facility (the “Credit Fund Warehouse II Facility”). The lenders of the Credit Fund Warehouse II Facility have a first lien security interest in substantially all of the assets of the Credit Fund Warehouse II. Accordingly, such assets are not available to creditors of Credit Fund or Credit Fund Sub. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of fair value was 1.5% in Canada and 98.5% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund has indicated the reference rate used and provided the spread and the interest rate in effect as of December 31, 2021. As of December 31, 2021, the reference rates for Credit Fund's variable rate loans were the 30-day LIBOR at 0.10%, the 90-day LIBOR at 0.22% and the 180-day LIBOR at 0.33%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund, pursuant to Credit Fund’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) As of December 31, 2021, Credit Fund and Credit Fund Sub had the following unfunded commitments to fund delayed draw and revolving senior secured loans: First Lien Debt—unfunded delayed draw and revolving term loans commitments Type Unused Fee Par/ Principal Amount Fair Value ACR Group Borrower, LLC Revolver 0.38 % $ 7,350 $ — Analogic Corporation Revolver 0.50 847 (9) Chartis Holding, LLC Revolver 0.50 2,183 — Chemical Computing Group ULC (Canada) Revolver 0.50 873 (4) Chudy Group, LLC Delayed Draw 1.00 5,517 88 Chudy Group, LLC Revolver 0.50 1,379 22 Diligent Corporation Delayed Draw 1.00 1,653 26 Diligent Corporation Revolver 0.50 703 11 EPS Nass Parent, Inc. Delayed Draw 1.00 3,136 (29) EPS Nass Parent, Inc. Revolver 0.50 941 (9) EvolveIP, LLC Revolver 0.50 3,360 (17) GSM Acquisition Corp. Delayed Draw 1.00 4,313 (33) Heartland Home Services, Inc Revolver 0.50 746 3 HMT Holding Inc. Revolver 0.50 6,173 (223) Integrity Marketing Acquisition, LLC Delayed Draw — 7,000 (71) Integrity Marketing Acquisition, LLC Delayed Draw 1.00 4,453 (45) Jensen Hughes, Inc. Revolver 0.50 2,000 (55) K2 Insurance Services, LLC Revolver 0.50 1,170 (2) KBP Investments, LLC Delayed Draw 1.00 503 (5) KBP Investments, LLC Delayed Draw 1.00 2,415 (24) QW Holding Corporation Delayed Draw 1.00 9,338 (162) QW Holding Corporation Revolver 0.50 3,794 (66) Turbo Buyer, Inc. Revolver 0.50 933 (19) VRC Companies, LLC Delayed Draw 0.75 2,521 (30) VRC Companies, LLC Revolver 0.50 833 (10) Welocalize, Inc. Revolver 0.50 3,375 (64) Welocalize, Inc. Revolver 0.50 2,250 (43) WRE Holding Corp. Revolver 0.50 624 (10) Total unfunded commitments $ 80,383 $ (780) Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (89.5% of fair value) Airnov, Inc. ^ (2)(3) Containers, Packaging & Glass LIBOR 5.00% 8.58% 12/19/2025 $ 9,870 $ 9,858 $ 9,833 Alpine Acquisition Corp II ^ (2)(3)(7) Transportation: Cargo SOFR 5.50% 8.42% 11/30/2026 3,300 3,190 3,181 American Physician Partners, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 6.75%, 3.50% PIK 13.39% 10/21/2022 8,968 8,968 8,939 Appriss Health, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 7.25% 9.93% 5/6/2027 7,512 7,379 7,338 Apptio, Inc. ^ (2)(3) Software LIBOR 6.00% 8.46% 1/10/2025 5,357 5,309 5,357 Aurora Lux FinCo S.Á.R.L. (Luxembourg) ^ (2)(3) Software LIBOR 6.00% 8.78% 12/24/2026 4,322 4,250 4,065 BMS Holdings III Corp. ^ (2)(3) Construction & Building LIBOR 5.50% 9.17% 9/30/2026 3,250 3,199 3,204 Chartis Holding, LLC ^ (2)(3) Business Services LIBOR 5.25% 6.38% 5/1/2025 9,848 9,835 9,796 Comar Holding Company, LLC ^ (2)(3) Containers, Packaging & Glass LIBOR 5.75% 9.39% 6/18/2024 8,642 8,588 8,269 Cority Software Inc. (Canada) ^ (2)(3) Software SOFR 5.50% 7.78% 7/2/2026 8,646 8,543 8,569 Dwyer Instruments, Inc. ^ (2)(3) Capital Equipment LIBOR 6.00% 9.38% 7/21/2027 9,939 9,885 9,797 EvolveIP, LLC ^ (2)(3)(7) Telecommunications SOFR 5.50% 9.20% 6/7/2025 8,643 8,639 8,508 Harbour Benefit Holdings, Inc. ^ (2)(3) Business Services LIBOR 5.25% 8.79% 12/13/2024 9,926 9,903 9,891 Hoosier Intermediate, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 5.50% 8.56% 11/15/2028 6,463 6,270 6,135 Integrity Marketing Acquisition, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.75% 8.85% 8/27/2025 4,883 4,718 4,655 Integrity Marketing Acquisition, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.50% 8.00% 8/27/2025 4,546 4,366 4,321 K2 Insurance Services, LLC ^ (2)(3) Diversified Financial Services LIBOR 5.00% 8.63% 7/1/2026 8,944 8,850 8,911 Material Holdings, LLC ^ (2)(3) Business Services SOFR 6.00% 9.64% 8/19/2027 7,920 7,846 7,561 Maverick Acquisition, Inc. ^ (2)(3) Aerospace & Defense LIBOR 6.25% 9.92% 6/1/2027 7,920 7,774 7,069 NMI AcquisitionCo, Inc. ^ (2)(3) High Tech Industries LIBOR 5.75% 8.87% 9/6/2025 8,640 8,640 8,435 PF Atlantic Holdco 2, LLC ^ (2)(3) Leisure Products & Services LIBOR 5.50% 8.77% 11/12/2027 9,975 9,669 9,802 QW Holding Corporation ^ (2)(3) Environmental Industries LIBOR 5.50% 8.05% 8/31/2026 9,973 9,825 9,796 Riveron Acquisition Holdings, Inc. ^ (2)(3) Diversified Financial Services LIBOR 5.75% 9.42% 5/22/2025 8,111 8,032 8,111 RSC Acquisition, Inc. ^ (2)(3)(7) Diversified Financial Services SOFR 5.50% 8.38% 11/1/2026 8,337 8,231 7,983 TCFI Aevex LLC ^ (2)(3) Aerospace & Defense LIBOR 6.00% 8.69% 3/18/2026 1,688 1,667 1,407 Turbo Buyer, Inc. ^ (2)(3) Automotive LIBOR 6.00% 8.88% 12/2/2025 8,029 7,913 7,870 U.S. Legal Support, Inc. ^ (2)(3)(7) Business Services SOFR 5.75% 9.29% 11/30/2024 6,186 6,178 6,082 US INFRA SVCS Buyer, LLC ^ (2)(3) Environmental Industries LIBOR 6.50%, 0.25% PIK 8.78% 4/13/2026 3,111 3,071 2,955 Westfall Technik, Inc. ^ (2)(3) Chemicals, Plastics & Rubber SOFR 6.25% 9.80% 9/13/2024 6,433 6,374 6,304 Consolidated Schedule of Investments as of September 30, 2022 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) Wineshipping.com LLC ^ (2)(3) Beverage & Food LIBOR 5.75% 7.63% 10/29/2027 $ 9,975 $ 9,618 $ 9,483 First Lien Debt Total $ 216,588 $ 213,627 Second Lien Debt (10.5% of fair value) AI Convoy S.A.R.L (United Kingdom) ^ (2)(3) Aerospace & Defense LIBOR 8.25% 9.80% 1/17/2028 $ 5,514 $ 5,422 $ 5,734 AP Plastics Acquisition Holdings, LLC ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 7.50% 10.49% 8/10/2029 4,500 4,417 4,406 AQA Acquisition Holdings, Inc. ^ (2)(3) High Tech Industries LIBOR 7.50% 10.57% 3/3/2029 5,000 4,890 4,843 Quartz Holding Company ^ (2)(3) Software LIBOR 8.00% 11.12% 4/2/2027 4,852 4,789 4,821 World 50, Inc. ^ (6) Business Services FIXED 11.50% 11.50% 1/9/2027 5,465 5,379 5,220 Second Lien Debt Total $ 24,897 $ 25,024 Total Investments $ 241,485 $ 238,651 ^ Denotes that all or a portion of the assets are owned by Credit Fund II Sub. Credit Fund II Sub has entered into the Credit Fund II Sub Notes. The lenders of the Credit Fund II Sub Notes have a first lien security interest in substantially all of the assets of Credit Fund II Sub. Accordingly, such assets are not available to creditors of Credit Fund II. (1) Unless otherwise indicated, issuers of investments held by Credit Fund II are domiciled in the United States. As of September 30, 2022, the geographical composition of investments as a percentage of fair value was 3.6% in Canada, 1.7% in Luxembourg, 2.4% in the United Kingdom and 92.3% in the United States. Certain portfolio company investments are subject to contractual restrictions on sales. (2) Variable rate loans to the portfolio companies bear interest at a rate that is determined by reference to either LIBOR, the Secured Overnight Financing Rate (“SOFR”) or an alternate base rate (commonly based on the Federal Funds Rate or the U.S. Prime Rate), which generally resets quarterly. For each such loan, Credit Fund II has indicated the reference rate used and provided the spread and the interest rate in effect as of September 30, 2022. As of September 30, 2022, the reference rates for Credit Fund II's variable rate loans were the 30-day LIBOR at 3.14%, the 90-day LIBOR at 3.75%, the 180-day LIBOR at 4.23%, the 30-day SOFR at 3.04%, and the 90-day SOFR at 3.59%. (3) Loan includes interest rate floor feature, which is generally 1.00%. (4) Amortized cost represents original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion/amortization of discounts/premiums, as applicable, on debt investments using the effective interest method. (5) Fair value is determined in good faith by or under the direction of the board of managers of Credit Fund II, pursuant to Credit Fund II’s valuation policy, with the fair value of all investments determined using significant unobservable inputs, which is substantially similar to the valuation policy of the Company provided in Note 3, Fair Value Measurements, to these consolidated financial statements. (6) Represents a corporate mezzanine loan, which is subordinated to senior secured term loans of the portfolio company . (7) Loans include a credit spread adjustment that ranges from 0.10% to 0.25%. Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) First Lien Debt (87.0% of fair value) Airnov, Inc. ^ (2)(3) Containers, Packaging & Glass LIBOR 5.00% 6.00% 12/19/2025 $ 9,946 $ 9,930 $ 9,946 American Physician Partners, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 6.75%, 1.50% PIK 9.25% 2/21/2022 8,415 8,415 8,415 Appriss Health, LLC ^ (2)(3) Healthcare & Pharmaceuticals LIBOR 7.25% 8.25% 5/6/2027 1,197 1,178 1,198 Apptio, Inc. ^ (2)(3) Software LIBOR 7.25% 8.25% 1/10/2025 5,357 5,295 5,357 Aurora Lux FinCo S.Á.R.L. (Luxembourg) ^ (2)(3) Software LIBOR 6.00% 7.00% 12/24/2026 4,355 4,273 3,924 Avenu Holdings, LLC ^ (2)(3) Sovereign & Public Finance LIBOR 5.25% 6.25% 9/28/2024 987 980 987 BMS Holdings III Corp. ^ (2)(3) Construction & Building LIBOR 5.50% 6.50% 9/30/2026 3,275 3,216 3,224 Captive Resources Midco, LLC ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 5/31/2027 8,193 8,108 8,147 Chartis Holding, LLC ^ (2)(3) Business Services LIBOR 5.50% 6.50% 5/1/2025 9,924 9,907 9,924 Comar Holding Company, LLC ^ (2)(3) Containers, Packaging & Glass LIBOR 5.75% 6.75% 6/18/2024 8,710 8,632 8,536 Cority Software Inc. (Canada) ^ (2)(3) Software LIBOR 5.00% 6.00% 7/2/2026 8,712 8,591 8,707 Dwyer Instruments, Inc ^ (2)(3) Capital Equipment LIBOR 5.50% 6.25% 7/21/2027 10,000 9,939 9,974 Ethos Veterinary Health LLC ^ (2)(3) Consumer Services LIBOR 4.75% 4.85% 5/15/2026 8,134 8,080 8,134 EvolveIP, LLC ^ (2)(3) Telecommunications LIBOR 5.50% 6.50% 6/7/2025 8,710 8,701 8,666 Harbour Benefit Holdings, Inc. ^ (2)(3) Business Services LIBOR 5.25% 6.25% 12/13/2024 4,717 4,707 4,669 K2 Insurance Services, LLC ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.00% 6.00% 7/1/2026 9,012 8,914 8,998 Kaseya, Inc. ^ (2)(3) High Tech Industries LIBOR 5.50%, 1.00% PIK 7.50% 5/3/2025 9,092 8,987 9,038 Material Holdings, LLC ^ (2)(3) Business Services LIBOR 5.75% 6.50% 8/19/2027 7,980 7,896 7,891 Maverick Acquisition, Inc. ^ (2)(3) Aerospace & Defense LIBOR 6.00% 7.00% 6/1/2027 7,980 7,814 7,808 National Technical Systems, Inc. ^ (2)(3) Aerospace & Defense LIBOR 5.50% 6.50% 6/12/2023 8,733 8,720 8,733 NMI AcquisitionCo, Inc. ^ (2)(3) High Tech Industries LIBOR 5.75% 6.50% 9/6/2025 8,708 8,680 8,601 Redwood Services Group, LLC ^ (2)(3) High Tech Industries LIBOR 6.00% 7.00% 6/6/2024 8,736 8,724 8,737 Riveron Acquisition Holdings, Inc. ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.75% 6.75% 5/22/2025 8,173 8,074 8,173 RSC Acquisition, Inc. ^ (2)(3) Banking, Finance, Insurance & Real Estate LIBOR 5.50% 6.25% 11/1/2026 8,401 8,277 8,434 Superior Health Linens, LLC ^ (2)(3) Business Services LIBOR 6.50% 7.50% 3/31/2022 6,875 6,875 6,875 TCFI Aevex LLC ^ (2)(3) Aerospace & Defense LIBOR 6.00% 7.00% 3/18/2026 1,701 1,676 1,458 Turbo Buyer, Inc. ^ (2)(3) Automotive LIBOR 6.00% 7.00% 12/2/2025 8,091 7,950 7,929 US INFRA SVCS Buyer, LLC ^ (2)(3) Environmental Industries LIBOR 6.50% 7.50% 4/13/2026 3,267 3,217 3,189 Consolidated Schedule of Investments as of December 31, 2021 Investments (1) Footnotes Industry Reference Rate (2) Spread (2) Interest Rate (2) Maturity Date Par/ Principal Amount Amortized Cost (4) Fair Value (5) USLS Acquisition, Inc. ^ (2)(3) Business Services LIBOR 5.50% 6.50% 11/30/2024 $ 6,234 $ 6,223 $ 6,165 Westfall Technik, Inc. ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 5.75% 6.75% 9/13/2024 6,418 6,337 6,359 First Lien Debt Total $ 208,316 $ 208,196 Second Lien Debt (13.0%) of fair value) AI Convoy S.A.R.L (United Kingdom) ^ (2)(3) Aerospace & Defense LIBOR 8.25% 9.25% 1/17/2028 $ 5,514 $ 5,413 $ 5,720 AP Plastics Acquisition Holdings, LLC ^ (2)(3) Chemicals, Plastics & Rubber LIBOR 7.50% 8.25% 8/10/2029 4,500 4,410 4,526 AQA Acquisition Holdings, Inc. ^ (2)(3) High Tech Industries LIBOR 7.50% 8.00% 3/3/2029 5,000 4,881 5,004 Quartz Holding Company ^ (2)(3) Software LIBOR 8.00% 8.10% 4/2/2027 4,852 4,781 4,852 Tank Holding Corp. ^ (2)(3) Capital Equipment LIBOR 8.25% 8.35% 3/26/2027 5,514 5,446 5,569 World 50, Inc. ^ (6) Business Services FIXED 11.50% 11.50% 1/9/2027 5,465 5,368 5,422 Second Lien Debt Total $ 30,299 $ 31,093 Total Investments $ 238,615 $ 239,289 ^ Denotes that all or a portion of the assets are owned by Credit Fund II Sub. Credit Fund II Sub has entered into the Credit Fund II Sub Notes. The lenders of the Credit Fund II Sub Notes have a first lien security interest in substantially all of the assets of Credit Fund II Sub. Accordingly, such assets are not available to creditors of Credit Fund II. (1) Unless otherwise indicated, issuers of investments held by Credit Fund are domiciled in the United States. As of December 31, 2021, the geographical composition of investments as a percentage of |
BORROWINGS (Tables)
BORROWINGS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Debt Disclosure [Abstract] | |
Schedule of Credit Facilities | Below is a summary of the borrowings and repayments under the credit facilities for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the credit facilities for the respective periods. Credit Fund Credit Fund Sub Credit Fund Warehouse II Facility 2022 2021 2022 2021 2022 2021 Three Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 532,621 $ 515,121 $ — $ 82,163 Borrowings — — 51,000 167,500 — 44,250 Repayments — — (12,000) (52,000) — — Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Nine Month Periods Ended September 30, Outstanding Borrowing, beginning of period $ — $ — $ 514,621 $ 420,859 $ 86,030 $ 93,402 Borrowings — — 138,000 393,000 — 52,250 Repayments — — (81,000) (183,238) (86,030) (19,239) Outstanding Borrowing, end of period $ — $ — $ 571,621 $ 630,621 $ — $ 126,413 Below is a summary of the borrowings and repayments under the Credit Facility for the three month and nine month periods ended September 30, 2022 and 2021, and the outstanding balances under the Facilities for the respective periods. For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Outstanding Borrowing, beginning of period $ 443,395 $ 365,060 $ 407,655 $ 347,949 Borrowings 111,011 157,552 313,511 337,031 Repayments (125,000) (95,000) (284,746) (257,500) Foreign currency translation (5,447) (2,067) (12,461) (1,935) Outstanding Borrowing, end of period $ 423,959 $ 425,545 $ 423,959 $ 425,545 The Credit Facility consisted of the following as of September 30, 2022 and December 31, 2021: September 30, 2022 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 423,959 $ 264,041 $ 265,350 Total $ 688,000 $ 423,959 $ 264,041 $ 265,350 December 31, 2021 Total Facility Borrowings Outstanding Unused Portion (1) Amount Available (2) Credit Facility $ 688,000 $ 407,655 $ 280,345 $ 280,706 Total $ 688,000 $ 407,655 $ 280,345 $ 280,706 (1) The unused portion is the amount upon which commitment fees are based. (2) Available for borrowing based on the computation of collateral to support the borrowings and subject to compliance with applicable covenants and financial ratios. For the three month and nine month periods ended September 30, 2022 and 2021, the components of interest expense and credit facility fees were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,292 $ 2,638 $ 9,395 $ 6,809 Facility unused commitment fee 175 243 805 885 Amortization of deferred financing costs 271 192 746 574 Total interest expense and credit facility fees $ 4,738 $ 3,073 $ 10,946 $ 8,268 Cash paid for interest expense $ 2,242 $ 2,730 $ 7,717 $ 7,094 Average principal debt outstanding $ 423,487 $ 432,039 $ 385,509 $ 376,421 Weighted average interest rate 3.97 % 2.39 % 3.21 % 2.39 % As of September 30, 2022 and December 31, 2021, the components of interest and credit facilities payable were as follows: As of September 30, 2022 December 31, 2021 Interest expense payable $ 875 $ 264 Unused commitment fees payable — 3 Other credit facility fees payable 25 — Interest and credit facilities payable $ 900 $ 267 Weighted average interest rate (based on floating benchmark rates) 4.28 % 2.39 % |
NOTES PAYABLE (Tables)
NOTES PAYABLE (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Debt Disclosure [Abstract] | |
Components of Interest Expense | For the for the three and nine month periods ended September 30, 2022 and 2021, the components of interest expense on the 2015-1R Notes were as follows: For the three month periods ended For the nine month periods ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Interest expense $ 4,927 $ 2,609 $ 10,964 $ 7,926 Amortization of deferred financing costs 62 63 185 186 Total interest expense and credit facility fees $ 4,989 $ 2,672 $ 11,149 $ 8,112 Cash paid for interest expense $ 5,293 $ 2,637 $ 10,558 $ 8,028 |
COMMMITMENTS AND CONTINGENCIES
COMMMITMENTS AND CONTINGENCIES (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
Summary of Payment Obligations | A summary of significant contractual payment obligations was as follows as of September 30, 2022 and December 31, 2021: Payment Due by Period September 30, 2022 December 31, 2021 Less than one year $ — $ — 1-3 years 190,000 190,000 3-5 years 423,959 407,655 More than 5 years 449,200 449,200 Total $ 1,063,159 $ 1,046,855 |
Schedule of Unfunded Commitments | The Company had the following unfunded commitments to fund delayed draw and revolving senior secured loans as of the indicated dates: Par Value as of September 30, 2022 December 31, 2021 Unfunded delayed draw commitments $ 111,141 $ 112,985 Unfunded revolving loan commitments 74,804 67,513 Total unfunded commitments $ 185,945 $ 180,498 |
NET ASSETS (Tables)
NET ASSETS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Equity [Abstract] | |
Summary of Dividends Declared | The following table summarizes the Company’s dividends declared on the Preferred Stock during the prior year and the current fiscal year to-date. Unless otherwise noted, dividends were declared and paid, or are payable, in cash. Date Declared Record Date Payment Date Per Share Amount March 31, 2021 March 31, 2021 March 31, 2021 0.438 June 30, 2021 June 30, 2021 June 30, 2021 0.438 September 30, 2021 September 30, 2021 September 30, 2021 0.438 December 29, 2021 December 31, 2021 December 31, 2021 0.438 March 25, 2022 March 31, 2022 March 31, 2022 0.438 June 27, 2022 June 30, 2022 June 30, 2022 0.438 September 22, 2022 September 30, 2022 September 30, 2022 0.438 Total $ 3.066 The following table summarizes the Company’s dividends declared on its common stock during the two most recent fiscal years and the current fiscal year to-date: Date Declared Record Date Payment Date Per Common Share Amount February 24, 2020 March 31, 2020 April 17, 2020 $ 0.37 May 4, 2020 June 30, 2020 July 17, 2020 $ 0.37 August 3, 2020 September 30, 2020 October 16, 2020 $ 0.32 (2) August 3, 2020 September 30, 2020 October 16, 2020 $ 0.05 (1) November 2, 2020 December 31, 2020 January 15, 2021 $ 0.32 November 2, 2020 December 31, 2020 January 15, 2021 $ 0.04 (1) February 22, 2021 March 31, 2021 April 16, 2021 $ 0.32 February 22, 2021 March 31, 2021 April 16, 2021 $ 0.05 (1) May 3, 2021 June 30, 2021 July 15, 2021 $ 0.32 May 3, 2021 June 30, 2021 July 15, 2021 $ 0.04 (1) August 2, 2021 September 30, 2021 October 15, 2021 $ 0.32 August 2, 2021 September 30, 2021 October 15, 2021 $ 0.06 (1) November 1, 2021 December 31, 2021 January 14, 2022 $ 0.32 November 1, 2021 December 31, 2021 January 14, 2022 $ 0.07 (1) February 18, 2022 March 31, 2022 April 15, 2022 $ 0.32 February 18, 2022 March 31, 2022 April 15, 2022 $ 0.08 (1) May 2, 2022 June 30, 2022 July 15, 2022 $ 0.32 May 2, 2022 June 30, 2022 July 15, 2022 $ 0.08 (1) August 8, 2022 September 30, 2022 October 14, 2022 $ 0.34 (2) August 8, 2022 September 30, 2022 October 14, 2022 $ 0.06 (1) (1) Represents a special/supplemental dividend. (2) The Company updated its dividend policy such that the base dividend was $0.32 per share of common stock, effective with the third quarter 2020 dividend through the second quarter 2022 dividend. The Company further updated its dividend policy such that the base dividend is $0.34 per share of common stock, effective with the third quarter 2022 dividend. |
Summary of Changes in Net Assets | The following tables summarize capital activity for the three and nine month periods ended September 30, 2022: Preferred Stock Common Stock Capital in Excess of Par Value Offering Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, July 1, 2022 2,000,000 $ 50,000 52,148,211 $ 521 $ 1,038,462 $ (1,633) $ 23,268 $ (117,811) $ (66,314) $ 926,493 Repurchase of common stock — — (531,439) (4) (7,140) — — — — (7,144) Net investment income (loss) — — — — — — 31,153 — — 31,153 Net realized gain (loss) — — — — — — — (4,579) — (4,579) Net change in unrealized appreciation (depreciation) — — — — — — — — 11,256 11,256 Dividends declared on common stock and preferred stock — — — — — — (21,528) — — (21,528) Balance, September 30, 2022 2,000,000 $ 50,000 51,616,772 $ 517 $ 1,031,322 $ (1,633) $ 32,893 $ (122,390) $ (55,058) $ 935,651 Preferred Stock Common Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, January 1, 2022 2,000,000 $ 50,000 53,142,454 $ 532 $ 1,052,427 $ (1,633) $ 19,562 $ (123,297) $ (48,787) $ 948,804 Repurchase of common stock — — (1,525,682) (15) (21,105) — — — — (21,120) Net investment income (loss) — — — — — — 78,542 — — 78,542 Net realized gain (loss) — — — — — — — 907 — 907 Net change in unrealized appreciation (depreciation) — — — — — — — — (6,271) (6,271) Dividends declared on common stock and preferred stock — — — — — — (65,211) — — (65,211) Balance, September 30, 2022 2,000,000 $ 50,000 51,616,772 $ 517 $ 1,031,322 $ (1,633) $ 32,893 $ (122,390) $ (55,058) $ 935,651 For the three and nine month periods ended September 30, 2021, the Company repurchased and extinguished 495,871 and 1,605,865 shares, respectively, for $6,770 and $20,497 respectively. The following tables summarize capital activity for the three and nine month periods ended September 30, 2021: Preferred Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, July 1, 2021 2,000,000 $ 50,000 54,210,315 $ 542 $ 1,067,720 $ (1,633) $ 15,307 $ (136,653) $ (70,452) $ 924,831 Repurchase of common stock — — (495,871) (5) (6,765) — — — — (6,770) Net investment income (loss) — — — — — — 22,086 — — 22,086 Net realized gain (loss) — — — — — — — 7,556 — 7,556 Net change in unrealized appreciation (depreciation) — — — — — — — — 17,978 17,978 Dividends declared — — — — — — (21,287) — — (21,287) Balance, September 30, 2021 2,000,000 $ 50,000 53,714,444 $ 537 $ 1,060,955 $ (1,633) $ 16,106 $ (129,097) $ (52,474) $ 944,394 Preferred Stock Capital in Excess of Par Value Offering Costs Accumulated Net Investment Income (Loss) Accumulated Net Realized Gain (Loss) Accumulated Net Unrealized Appreciation (Depreciation) Total Net Assets Shares Amount Shares Amount Balance, January 1, 2021 2,000,000 $ 50,000 55,320,309 $ 553 $ 1,081,436 $ (1,633) $ 14,568 $ (140,133) $ (103,428) $ 901,363 Repurchase of common stock — — (1,605,865) (16) (20,481) — — — — (20,497) Net investment income (loss) — — — — — — 64,402 — — 64,402 Net realized gain (loss) — — — — — — — 11,036 — 11,036 Net change in unrealized appreciation (depreciation) — — — — — — — — 50,954 50,954 Dividends declared — — — — — — (62,864) — — (62,864) Balance, September 30, 2021 2,000,000 $ 50,000 53,714,444 $ 537 $ 1,060,955 $ (1,633) $ 16,106 $ (129,097) $ (52,474) $ 944,394 |
Schedule of Basic and Diluted Earnings Per Share | Basic and diluted earnings per common share were as follows: For the three month period ended September 30, 2022 For the nine month period ended September 30, 2022 Basic Diluted Basic Diluted Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders $ 36,955 $ 37,830 $ 70,553 $ 73,178 Weighted-average common shares outstanding 51,863,022 57,182,634 52,388,355 57,707,967 Basic and diluted earnings per share $ 0.71 $ 0.66 $ 1.35 $ 1.27 For the three month period ended September 30, 2021 For the nine month period ended September 30, 2021 Basic Diluted Basic Diluted Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders $ 46,745 $ 47,620 $ 123,767 $ 126,392 Weighted-average common shares outstanding 53,955,338 59,230,725 54,506,760 59,782,147 Basic and diluted earnings per share $ 0.87 $ 0.80 $ 2.27 $ 2.11 |
CONSOLIDATED FINANCIAL HIGHLI_2
CONSOLIDATED FINANCIAL HIGHLIGHTS (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Investment Company [Abstract] | |
Schedule of Consolidated Financial Highlights | The following is a schedule of consolidated financial highlights for the nine month periods ended September 30, 2022 and 2021: For the nine month periods ended September 30, 2022 September 30, 2021 Per Common Share Data: Net asset value per common share, beginning of period $ 16.91 $ 15.39 Net investment income (loss) (1) 1.45 1.13 Net realized gain (loss) and net change in unrealized appreciation (depreciation) on investments and non-investment assets and liabilities (0.10) 1.14 Net increase (decrease) in net assets resulting from operations 1.35 2.27 Dividends declared (2) (1.20) (1.11) Other 0.01 0.03 Accretion due to share repurchases 0.09 0.07 Net asset value per common share, end of period $ 17.16 $ 16.65 Market price per common share, end of period $ 11.44 $ 13.41 Number of common shares outstanding, end of period 51,616,772 53,714,444 Total return based on net asset value (3) 8.57 % 15.40 % Total return based on market price (4) (7.94) % 41.52 % Net assets attributable to Common Stockholders, end of period $ 885,651 $ 894,394 Ratio to average net assets attributable to Common Stockholders (5) : Expenses before incentive fees 6.35 % 5.71 % Expenses after incentive fees 8.16 % 7.22 % Net investment income (loss) 8.82 % 7.40 % Interest expense and credit facility fees 3.23 % 2.64 % Ratios/Supplemental Data: Asset coverage, end of period 179.56 % 180.23 % Portfolio turnover 25.70 % 30.72 % Weighted-average shares outstanding 52,388,355 54,506,760 (1) Net investment income (loss) per common share was calculated as net investment income (loss) less the preferred dividend for the period divided by the weighted average number of common shares outstanding for the period. (2) Dividends declared per common share was calculated as the sum of dividends on common stock declared during the period divided by the number of common shares outstanding at each respective quarter-end date (refer to Note 10, Net Assets). (3) Total return based on net asset value (not annualized) is based on the change in net asset value per common share during the period plus the declared dividends on common stock, assuming reinvestment of dividends in accordance with the dividend reinvestment plan, divided by the beginning net asset value for the period. (4) Total return based on market value (not annualized) is calculated as the change in market value per common share during the period plus the declared dividends on common stock, assuming reinvestment of dividends in accordance with the dividend reinvestment plan, divided by the beginning market price for the period. (5) These ratios to average net assets attributable to Common Stockholders have not been annualized. |
TAX (Tables)
TAX (Tables) | 9 Months Ended |
Sep. 30, 2022 | |
Income Tax Disclosure [Abstract] | |
Schedule of estimated tax character of dividends declared | The estimated tax character of dividends declared on preferred stock and common stock for nine month periods ended September 30, 2022 and 2021 was as follows: For the nine month periods ended September 30, 2022 September 30, 2021 Ordinary income $ 65,211 $ 62,864 Tax return of capital $ — $ — |
ORGANIZATION (Details)
ORGANIZATION (Details) - USD ($) | May 16, 2022 | Nov. 03, 2020 | May 05, 2020 | Jun. 19, 2017 | Sep. 30, 2022 | Dec. 31, 2021 | Jun. 26, 2015 |
Debt Instrument [Line Items] | |||||||
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | |||||
Minimum | Middle Market Credit Funds | |||||||
Debt Instrument [Line Items] | |||||||
Expected percent of net assets | 70% | ||||||
Maximum | Middle Market Credit Funds | |||||||
Debt Instrument [Line Items] | |||||||
Expected percent of net assets | 80% | ||||||
Debt securities | Credit Fund II | |||||||
Debt Instrument [Line Items] | |||||||
Par/principal amount | $ 250,000,000 | $ 244,688,000 | $ 240,878,000 | ||||
Proceeds from contribution of investments | $ 170,000,000 | ||||||
IPO | |||||||
Debt Instrument [Line Items] | |||||||
Sale of stock, number of shares issued | 9,454,200 | ||||||
Sale of stock, offering price (in dollars per share) | $ 18.50 | ||||||
Sale of stock, consideration received | $ 169,488,000 | ||||||
Private placement | |||||||
Debt Instrument [Line Items] | |||||||
Sale of stock, number of shares issued | 2,000,000 | ||||||
Sale of stock, offering price (in dollars per share) | $ 25 | ||||||
Preferred stock, par value (in dollars per share) | $ 0.01 | ||||||
Credit Fund | |||||||
Debt Instrument [Line Items] | |||||||
Ownership interest | 50% | ||||||
Committed capital (up to) | $ 250,000,000 | ||||||
Credit Fund | Credit Partners | |||||||
Debt Instrument [Line Items] | |||||||
Ownership interest | 50% | ||||||
Committed capital (up to) | $ 250,000,000 | ||||||
Credit Fund II | |||||||
Debt Instrument [Line Items] | |||||||
Ownership interest | 84.13% | ||||||
Credit Fund II | CCLF | |||||||
Debt Instrument [Line Items] | |||||||
Ownership interest | 15.87% | ||||||
2015-1 Notes | Secured debt | |||||||
Debt Instrument [Line Items] | |||||||
Face amount | $ 400,000,000 |
SIGNIFICANT ACCOUNTING POLICI_3
SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
Sep. 30, 2022 USD ($) financial_institution | Sep. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) financial_institution | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | Dec. 11, 2020 USD ($) | Dec. 30, 2019 USD ($) | |
Summary of Investment Holdings [Line Items] | |||||||
Number of financial institutions | financial_institution | 2 | 2 | |||||
Restricted cash | $ 29,643 | $ 29,643 | $ 70,081 | ||||
Fair value of loans with PIK provisions | 194,694 | 194,694 | 243,220 | ||||
PIK income | 11,146 | $ 2,441 | 18,595 | $ 6,884 | |||
Fair value of loans on non-accrual status | 37,404 | 37,404 | $ 76,551 | ||||
Excise tax expense | $ 449 | $ 163 | $ 978 | $ 426 | |||
Investments at fair value | Investment type concentration | |||||||
Summary of Investment Holdings [Line Items] | |||||||
Concentration risk percentage | 100% | 100% | |||||
Investments at fair value | Investment type concentration | PIK loan | |||||||
Summary of Investment Holdings [Line Items] | |||||||
Concentration risk percentage | 10% | 12.70% | |||||
2019 Notes | Senior notes | |||||||
Summary of Investment Holdings [Line Items] | |||||||
Face amount | $ 115,000 | ||||||
Stated interest rate | 4.75% | ||||||
2020 Notes | Senior notes | |||||||
Summary of Investment Holdings [Line Items] | |||||||
Face amount | $ 75,000 | ||||||
Stated interest rate | 4.50% |
FAIR VALUE MEASUREMENTS - Sched
FAIR VALUE MEASUREMENTS - Schedule of Investments Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] |
Level 1, 2 and 3 | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 1,873,960 | 1,835,094 | ||
Level 1, 2 and 3 | First Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 1,328,594 | 1,232,084 | ||
Level 1, 2 and 3 | Second Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 263,211 | 341,776 | ||
Level 1, 2 and 3 | Equity Investments | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 92,552 | 77,093 | ||
Level 1, 2 and 3 | Mezzanine Loan | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1, 2 and 3 | Subordinated Loan and Member's Interest | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 189,603 | 184,141 | ||
Level 1 | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1 | First Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1 | Second Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1 | Equity Investments | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1 | Mezzanine Loan | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 1 | Subordinated Loan and Member's Interest | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | First Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | Second Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | Equity Investments | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | Mezzanine Loan | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 2 | Subordinated Loan and Member's Interest | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 3 | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 1,873,960 | 1,835,094 | ||
Level 3 | First Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 1,328,594 | 1,232,084 | ||
Level 3 | Second Lien Debt | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 263,211 | 341,776 | ||
Level 3 | Equity Investments | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 92,552 | 77,093 | ||
Level 3 | Mezzanine Loan | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 0 | 0 | ||
Level 3 | Subordinated Loan and Member's Interest | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | 189,603 | 184,141 | ||
Net asset value | ||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||
Investments, at fair value | $ 74,997 | $ 77,958 | ||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. |
FAIR VALUE MEASUREMENTS - Sch_2
FAIR VALUE MEASUREMENTS - Schedule of Level 3 Input Reconciliation (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Total | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning of period | $ 1,813,365 | $ 1,793,870 | $ 1,835,094 | $ 1,748,354 |
Purchases | 227,794 | 272,645 | 537,791 | 634,549 |
Sales | (99,096) | (134,651) | (206,513) | (299,130) |
Paydowns | (73,139) | (88,133) | (285,963) | (279,844) |
Accretion of discount | 2,835 | 2,501 | 7,934 | 6,530 |
Balance, end of period | 1,873,960 | 1,870,063 | 1,873,960 | 1,870,063 |
Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations | 2,029 | 18,130 | (12,644) | 47,698 |
Total | Net realized gains (losses) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | (4,508) | 7,565 | 1,385 | 11,183 |
Total | Net change in unrealized appreciation (depreciation) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 6,709 | 16,266 | (15,768) | 48,421 |
First Lien Debt | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning of period | 1,257,282 | 1,246,018 | 1,232,084 | 1,224,063 |
Purchases | 212,886 | 213,790 | 518,528 | 492,348 |
Sales | (79,406) | (122,671) | (177,776) | (277,066) |
Paydowns | (66,139) | (72,567) | (241,555) | (198,882) |
Accretion of discount | 2,615 | 1,987 | 6,833 | 5,360 |
Balance, end of period | 1,328,594 | 1,275,553 | 1,328,594 | 1,275,553 |
Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations | 780 | 8,359 | (8,132) | 24,914 |
First Lien Debt | Net realized gains (losses) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 151 | 590 | 3,102 | 2,218 |
First Lien Debt | Net change in unrealized appreciation (depreciation) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 1,205 | 8,406 | (12,622) | 27,512 |
Second Lien Debt | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning of period | 290,683 | 313,130 | 341,776 | 284,523 |
Purchases | 285 | 57,365 | 966 | 120,678 |
Sales | (19,690) | (3,038) | (23,703) | (7,913) |
Paydowns | (7,000) | (15,130) | (43,325) | (57,526) |
Accretion of discount | 171 | 502 | 912 | 1,146 |
Balance, end of period | 263,211 | 352,570 | 263,211 | 352,570 |
Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations | (834) | (207) | (7,679) | 11,847 |
Second Lien Debt | Net realized gains (losses) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | (4,659) | (12) | (5,615) | (28) |
Second Lien Debt | Net change in unrealized appreciation (depreciation) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 3,421 | (247) | (7,800) | 11,690 |
Equity Investments | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning of period | 78,633 | 53,379 | 77,093 | 33,877 |
Purchases | 14,623 | 1,490 | 18,297 | 21,523 |
Sales | 0 | (8,942) | (5,034) | (14,151) |
Paydowns | 0 | (436) | (1,083) | (436) |
Accretion of discount | 49 | 12 | 189 | 24 |
Balance, end of period | 92,552 | 52,665 | 92,552 | 52,665 |
Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations | (753) | 2,046 | (2,295) | 4,553 |
Equity Investments | Net realized gains (losses) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 0 | 6,987 | 3,898 | 8,993 |
Equity Investments | Net change in unrealized appreciation (depreciation) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | (753) | 175 | (808) | 2,835 |
Subordinated Loan and Member's Interest | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Balance, beginning of period | 186,767 | 181,343 | 184,141 | 205,891 |
Purchases | 0 | 0 | 0 | 0 |
Sales | 0 | 0 | 0 | 0 |
Paydowns | 0 | 0 | 0 | (23,000) |
Accretion of discount | 0 | 0 | 0 | 0 |
Balance, end of period | 189,603 | 189,275 | 189,603 | 189,275 |
Net change in unrealized appreciation (depreciation) included in earnings related to investments still held at the reporting date included in net change in unrealized appreciation (depreciation) on investments on the Consolidated Statements of Operations | 2,836 | 7,932 | 5,462 | 6,384 |
Subordinated Loan and Member's Interest | Net realized gains (losses) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | 0 | 0 | 0 | 0 |
Subordinated Loan and Member's Interest | Net change in unrealized appreciation (depreciation) | ||||
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward] | ||||
Net gain (loss) included in earnings | $ 2,836 | $ 7,932 | $ 5,462 | $ 6,384 |
FAIR VALUE MEASUREMENTS - Sch_3
FAIR VALUE MEASUREMENTS - Schedule of Fair Value Inputs and Valuation Techniques (Details) $ in Thousands | Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) | ||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] |
Level 3 | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | 1,873,960 | 1,835,094 | ||
Level 3 | First Lien Debt | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | 1,328,594 | 1,232,084 | ||
Level 3 | First Lien Debt | Discounted Cash Flow | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 1,151,132 | $ 981,627 | ||
Level 3 | First Lien Debt | Discounted Cash Flow | Discount Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0482 | 0.0390 | ||
Level 3 | First Lien Debt | Discounted Cash Flow | Discount Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1713 | 0.1421 | ||
Level 3 | First Lien Debt | Discounted Cash Flow | Discount Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0867 | 0.0770 | ||
Level 3 | First Lien Debt | Consensus Pricing | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 111,546 | $ 185,432 | ||
Level 3 | First Lien Debt | Consensus Pricing | Indicative Quotes | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 97 | 90 | ||
Level 3 | First Lien Debt | Consensus Pricing | Indicative Quotes | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 100 | 100 | ||
Level 3 | First Lien Debt | Consensus Pricing | Indicative Quotes | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 98.27 | 97.69 | ||
Level 3 | First Lien Debt | Income Approach | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 65,916 | $ 65,025 | ||
Level 3 | First Lien Debt | Income Approach | Discount Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1185 | 0.1155 | ||
Level 3 | First Lien Debt | Income Approach | Discount Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1531 | 0.1318 | ||
Level 3 | First Lien Debt | Income Approach | Discount Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1391 | 0.1224 | ||
Level 3 | First Lien Debt | Market Approach | Comparable Multiple | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 9,170 | 6,680 | ||
Level 3 | First Lien Debt | Market Approach | Comparable Multiple | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 9,340 | 8,160 | ||
Level 3 | First Lien Debt | Market Approach | Comparable Multiple | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 9,240 | 7,530 | ||
Level 3 | Second Lien Debt | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 263,211 | $ 341,776 | ||
Level 3 | Second Lien Debt | Discounted Cash Flow | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 263,211 | $ 299,664 | ||
Level 3 | Second Lien Debt | Discounted Cash Flow | Discount Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0905 | 0.0711 | ||
Level 3 | Second Lien Debt | Discounted Cash Flow | Discount Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1325 | 0.1583 | ||
Level 3 | Second Lien Debt | Discounted Cash Flow | Discount Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0986 | 0.0946 | ||
Level 3 | Second Lien Debt | Consensus Pricing | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 42,112 | |||
Level 3 | Second Lien Debt | Consensus Pricing | Indicative Quotes | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 97.25 | |||
Level 3 | Second Lien Debt | Consensus Pricing | Indicative Quotes | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 98 | |||
Level 3 | Second Lien Debt | Consensus Pricing | Indicative Quotes | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 97.49 | |||
Level 3 | Equity Investments | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 92,552 | $ 77,093 | ||
Level 3 | Equity Investments | Income Approach | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 92,552 | $ 77,093 | ||
Level 3 | Equity Investments | Income Approach | Discount Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0722 | 0.0722 | ||
Level 3 | Equity Investments | Income Approach | Discount Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1185 | 0.1155 | ||
Level 3 | Equity Investments | Income Approach | Discount Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0876 | 0.0838 | ||
Level 3 | Equity Investments | Market Approach | Comparable Multiple | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 9,070 | 8,160 | ||
Level 3 | Equity Investments | Market Approach | Comparable Multiple | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 18,470 | 16,430 | ||
Level 3 | Equity Investments | Market Approach | Comparable Multiple | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 10,850 | 11,260 | ||
Level 3 | Subordinated Loan and Member's Interest | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 189,603 | $ 184,141 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investments, at fair value | $ 189,603 | $ 184,141 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Discount Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1000 | 0.0850 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Discount Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1000 | 0.0850 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Discount Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.1000 | 0.0850 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Default Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0300 | 0.0300 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Default Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0300 | 0.0300 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Default Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.0300 | 0.0300 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Recovery Rate | Low | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.6500 | 0.6500 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Recovery Rate | High | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.6500 | 0.6500 | ||
Level 3 | Subordinated Loan and Member's Interest | Discounted Cash Flow | Recovery Rate | Weighted Average | ||||
Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Investment, measurement input | 0.6500 | 0.6500 | ||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. |
FAIR VALUE MEASUREMENTS - Sch_4
FAIR VALUE MEASUREMENTS - Schedule of Carrying Values and Fair Values of Debt (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
Carrying Value | Line of credit and senior notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | $ 613,959 | $ 597,655 |
Carrying Value | Line of credit | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 423,959 | 407,655 |
Carrying Value | Senior notes | 2019 Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 115,000 | 115,000 |
Carrying Value | Senior notes | 2020 Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 75,000 | 75,000 |
Carrying Value | Secured debt | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 449,200 | 449,200 |
Carrying Value | Secured debt | Aaa/AAA Class A-1-1-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 234,800 | 234,800 |
Carrying Value | Secured debt | Aaa/AAA Class A-1-2-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 50,000 | 50,000 |
Carrying Value | Secured debt | Aaa/AAA Class A-1-3-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 25,000 | 25,000 |
Carrying Value | Secured debt | AA Class A-2-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 66,000 | 66,000 |
Carrying Value | Secured debt | A Class B Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 46,400 | 46,400 |
Carrying Value | Secured debt | BBB- Class C Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 27,000 | 27,000 |
Fair Value | Line of credit and senior notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 598,162 | 600,485 |
Fair Value | Line of credit | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 423,959 | 407,655 |
Fair Value | Senior notes | 2019 Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 105,191 | 117,300 |
Fair Value | Senior notes | 2020 Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 69,012 | 75,530 |
Fair Value | Secured debt | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 434,643 | 448,843 |
Fair Value | Secured debt | Aaa/AAA Class A-1-1-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 227,592 | 234,941 |
Fair Value | Secured debt | Aaa/AAA Class A-1-2-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 48,710 | 50,075 |
Fair Value | Secured debt | Aaa/AAA Class A-1-3-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 23,595 | 24,680 |
Fair Value | Secured debt | AA Class A-2-R Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 63,327 | 66,003 |
Fair Value | Secured debt | A Class B Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | 45,296 | 46,430 |
Fair Value | Secured debt | BBB- Class C Notes | ||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
Long-term debt | $ 26,123 | $ 26,714 |
RELATED PARTY TRANSACTIONS - Na
RELATED PARTY TRANSACTIONS - Narrative (Details) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended | |||||||
May 09, 2022 day | May 05, 2020 $ / shares shares | Jul. 01, 2018 | Jun. 30, 2018 | Sep. 30, 2022 USD ($) investment | Sep. 30, 2021 USD ($) investment | Sep. 30, 2022 USD ($) investment | Sep. 30, 2021 USD ($) investment | Dec. 31, 2021 USD ($) | |
Related Party Transaction [Line Items] | |||||||||
Base management and incentive fees payable | $ 13,748 | $ 13,748 | $ 11,819 | ||||||
Proceeds from sales and repayments of investments and change in receivable for investments sold/repaid | 488,122 | $ 560,052 | |||||||
Preferred stock dividend | 875 | $ 875 | 2,625 | 2,625 | |||||
Private placement | |||||||||
Related Party Transaction [Line Items] | |||||||||
Sale of stock, number of shares issued | shares | 2,000,000 | ||||||||
Sale of stock, offering price (in dollars per share) | $ / shares | $ 25 | ||||||||
Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Preferred stock dividend | 875 | 875 | 2,625 | 2,625 | |||||
Affiliated entity | Private placement | |||||||||
Related Party Transaction [Line Items] | |||||||||
Sale of stock, number of shares issued | shares | 2,000,000 | ||||||||
Sale of stock, offering price (in dollars per share) | $ / shares | $ 25 | ||||||||
Investment Advisory Agreement | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Base management fee rate | 1% | 1.50% | |||||||
Quarterly hurdle rate | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 1.50% | ||||||||
Annualized hurdle rate | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 6% | ||||||||
Quarterly catch-up rate | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 1.82% | ||||||||
Annualized catch-up rate | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 7.28% | ||||||||
Pre-incentive fee net investment income, below catch-up threshold | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 100% | ||||||||
Pre-incentive fee net investment income, exceeds catch-up threshold | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 17.50% | ||||||||
Realized capital gains incentive fees | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Incentive rate | 17.50% | ||||||||
Administration Agreement | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Related party expense | 470 | 400 | 1,337 | 1,057 | |||||
Due to related party | 1,409 | 1,409 | 482 | ||||||
State Street Sub-Administration Agreement | Affiliated entity | |||||||||
Related Party Transaction [Line Items] | |||||||||
Related party expense | 271 | 169 | 620 | 504 | |||||
Due to related party | 887 | 887 | 682 | ||||||
Agreement period | 1 year | ||||||||
Termination notice, number of written days notice threshold | day | 60 | ||||||||
Independent Directors' Services | Independent directors | |||||||||
Related Party Transaction [Line Items] | |||||||||
Related party expense | 173 | $ 154 | 519 | $ 420 | |||||
Due to related party | $ 1 | $ 1 | $ 142 | ||||||
Investment Funds Transactions | Limited Liability Company | Credit Fund | Investment Funds | |||||||||
Related Party Transaction [Line Items] | |||||||||
Number of investments sold | investment | 3 | 5 | 6 | 8 | |||||
Proceeds from sales and repayments of investments and change in receivable for investments sold/repaid | $ 31,014 | $ 67,519 | $ 84,534 | $ 118,204 | |||||
Gain (loss) on sale of investments | $ 121 | $ 388 | $ 48 | $ 1,075 | |||||
Investment Funds Transactions | Limited Liability Company | Credit Fund II | Investment Funds | |||||||||
Related Party Transaction [Line Items] | |||||||||
Number of investments sold | investment | 5 | 5 | 9 | 10 | |||||
Proceeds from sales and repayments of investments and change in receivable for investments sold/repaid | $ 27,429 | $ 20,923 | $ 59,222 | $ 40,687 | |||||
Gain (loss) on sale of investments | $ (421) | $ 155 | $ (842) | $ 237 |
RELATED PARTY TRANSACTIONS - Sc
RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Related Party Transaction [Line Items] | ||||
Base management fees | $ 7,262 | $ 7,233 | $ 21,425 | $ 21,024 |
Total incentive fees | 6,451 | 4,516 | 16,137 | 13,193 |
Total base management fees and incentive fees | 13,713 | 11,749 | 37,562 | 34,217 |
Incentive fees on pre-incentive fee net investment income | ||||
Related Party Transaction [Line Items] | ||||
Total incentive fees | 6,451 | 4,516 | 16,137 | 13,193 |
Total capital gains incentive fees | ||||
Related Party Transaction [Line Items] | ||||
Total incentive fees | 0 | 0 | 0 | 0 |
Realized capital gains incentive fees | ||||
Related Party Transaction [Line Items] | ||||
Total incentive fees | 0 | 0 | 0 | 0 |
Accrued capital gains incentive fees | ||||
Related Party Transaction [Line Items] | ||||
Total incentive fees | $ 0 | $ 0 | $ 0 | $ 0 |
MIDDLE MARKET CREDIT FUND, LL_2
MIDDLE MARKET CREDIT FUND, LLC - Narrative (Details) - USD ($) | 9 Months Ended | 10 Months Ended | 12 Months Ended | |||||||||
May 19, 2022 | May 16, 2022 | May 21, 2021 | May 21, 2019 | Sep. 30, 2022 | Sep. 30, 2021 | Jun. 28, 2022 | Aug. 16, 2021 | Aug. 16, 2020 | May 03, 2022 | Dec. 31, 2021 | Aug. 16, 2019 | |
Schedule of Investments [Line Items] | ||||||||||||
Tax return of capital | $ 0 | $ 0 | ||||||||||
Maximum borrowing capacity | 688,000,000 | $ 688,000,000 | ||||||||||
2019-2 Issuer Preferred Interests | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Investment owned, percentage received | 100% | |||||||||||
Investment owned, nominal value | $ 48,300,000 | |||||||||||
Credit Fund | Credit Fund Facility | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Maximum borrowing capacity | $ 175,000,000 | |||||||||||
Credit Fund | Credit Fund Sub Facility | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Maximum borrowing capacity | $ 640,000,000 | $ 150,000,000 | ||||||||||
Credit Fund | Line of credit | Credit Fund Facility | LIBOR | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 9% | |||||||||||
Credit Fund | Line of credit | Credit Fund Sub Facility | SOFR | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 2.35% | |||||||||||
Credit Fund | Line of credit | Credit Fund Warehouse II Facility | LIBOR | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 1.50% | 1.15% | 1.05% | |||||||||
Credit Fund | Secured debt | 2019-2 Notes, Class A-1 Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Face amount | 233,000,000 | |||||||||||
Credit Fund | Secured debt | 2019-2 Notes, Class A-2 Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Face amount | 48,000,000 | |||||||||||
Credit Fund | Secured debt | 2019-2 Notes, Class B Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Face amount | 23,000,000 | |||||||||||
Credit Fund | Secured debt | 2019-2 Notes, Class C Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Face amount | 27,000,000 | |||||||||||
Credit Fund | Secured debt | 2019-2 Notes, Class D Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Face amount | $ 21,000,000 | |||||||||||
Credit Fund | Secured debt | LIBOR | 2019-2 Notes, Class A-1 Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 1.50% | |||||||||||
Credit Fund | Secured debt | LIBOR | 2019-2 Notes, Class A-2 Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 2.40% | |||||||||||
Credit Fund | Secured debt | LIBOR | 2019-2 Notes, Class B Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 3.45% | |||||||||||
Credit Fund | Secured debt | LIBOR | 2019-2 Notes, Class C Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 4.55% | |||||||||||
Credit Fund | Secured debt | LIBOR | 2019-2 Notes, Class D Notes | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Basis spread on variable rate | 8.03% | |||||||||||
Capital contribution | Credit Fund | Equity Investments | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Financial support, cumulative amount | 1,000 | 1,000 | ||||||||||
Capital contribution | Credit Fund | Subordinated | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Financial support, cumulative amount | 216,000,000 | 216,000,000 | ||||||||||
Tax return of capital | $ 23,000,000 | |||||||||||
Credit Partners and the company | Capital contribution | Credit Fund | Subordinated | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Tax return of capital | $ 46,000,000 | |||||||||||
Credit Partners | Capital contribution | Credit Fund | Equity Investments | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Financial support, cumulative amount | 1,000 | 1,000 | ||||||||||
Credit Partners | Capital contribution | Credit Fund | Subordinated | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Financial support, cumulative amount | $ 216,000,000 | $ 216,000,000 | ||||||||||
Credit Fund | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Ownership interest | 50% | |||||||||||
Committed capital (up to) | $ 250,000,000 | |||||||||||
Credit Fund | Credit Partners | ||||||||||||
Schedule of Investments [Line Items] | ||||||||||||
Ownership interest | 50% | |||||||||||
Committed capital (up to) | $ 250,000,000 |
MIDDLE MARKET CREDIT FUND, LL_3
MIDDLE MARKET CREDIT FUND, LLC - Summarized Financial Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | |||||||||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Jun. 30, 2022 | Dec. 31, 2021 | Jun. 30, 2021 | Dec. 31, 2020 | ||||
ASSETS | |||||||||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,948,957 | [1] | $ 1,913,052 | [2] | |||||
Cash, cash equivalents and restricted cash | 68,644 | $ 46,164 | 68,644 | $ 46,164 | 93,074 | $ 68,419 | |||||
Total assets | 2,054,032 | 2,054,032 | 2,031,350 | ||||||||
LIABILITIES AND MEMBERS’ EQUITY | |||||||||||
Secured borrowings | 423,959 | 425,545 | 423,959 | 425,545 | $ 443,395 | 407,655 | $ 365,060 | $ 347,949 | |||
Amortized cost | 2,012,187 | 2,012,187 | 1,957,553 | ||||||||
Selected Consolidated Statement of Operations Information: | |||||||||||
Total investment income | 59,143 | 43,762 | 151,220 | 127,266 | |||||||
Expenses: | |||||||||||
Total expenses | 27,541 | 21,513 | 71,700 | 62,438 | |||||||
Net investment income (loss) | 31,153 | 22,086 | 78,542 | 64,402 | |||||||
Net realized gain (loss) | (4,579) | 7,556 | 907 | 11,036 | |||||||
Net change in unrealized appreciation (depreciation) on investments | 11,256 | 17,978 | (6,271) | 50,954 | |||||||
Net increase (decrease) in net assets resulting from operations | 37,830 | 47,620 | 73,178 | 126,392 | |||||||
Debt and equity securities | Credit Fund | |||||||||||
ASSETS | |||||||||||
Investments, at fair value | 189,603 | 189,603 | 184,141 | ||||||||
Credit Fund | |||||||||||
ASSETS | |||||||||||
Investments, at fair value | 896,207 | 896,207 | 926,959 | ||||||||
Cash, cash equivalents and restricted cash | 24,991 | 24,991 | 54,041 | ||||||||
Other assets | 8,340 | 8,340 | 7,698 | ||||||||
Total assets | 929,538 | 929,538 | 988,698 | ||||||||
LIABILITIES AND MEMBERS’ EQUITY | |||||||||||
Secured borrowings | 571,621 | 571,621 | 600,651 | ||||||||
Other liabilities | 21,122 | 21,122 | 19,828 | ||||||||
Subordinated loans and members’ equity | 336,795 | 336,795 | 368,219 | ||||||||
Liabilities and members’ equity | 929,538 | 929,538 | 988,698 | ||||||||
Amortized cost | 941,134 | 941,134 | 940,092 | ||||||||
Restricted cash and cash equivalents | 10,950 | 10,950 | $ 10,816 | ||||||||
Selected Consolidated Statement of Operations Information: | |||||||||||
Total investment income | 18,563 | 17,124 | 48,049 | 50,951 | |||||||
Expenses: | |||||||||||
Interest and credit facility expenses | 6,858 | 6,701 | 15,983 | 17,437 | |||||||
Other expenses | 410 | 510 | 1,507 | 1,532 | |||||||
Total expenses | 7,268 | 7,211 | 17,490 | 18,969 | |||||||
Net investment income (loss) | 11,295 | 9,913 | 30,559 | 31,982 | |||||||
Net realized gain (loss) | (189) | 220 | (189) | (1,473) | |||||||
Net change in unrealized appreciation (depreciation) on investments | (4,757) | 1,500 | (31,795) | 15,693 | |||||||
Net increase (decrease) in net assets resulting from operations | $ 6,349 | $ 11,633 | $ (1,425) | $ 46,202 | |||||||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. |
MIDDLE MARKET CREDIT FUND, LL_4
MIDDLE MARKET CREDIT FUND, LLC - Summary of Portfolio (Details) $ in Thousands | 9 Months Ended | 12 Months Ended |
Sep. 30, 2022 USD ($) loan financial_institution | Dec. 31, 2021 USD ($) financial_institution loan | |
Schedule of Investments [Line Items] | ||
Fair value of loans on non-accrual status | $ 37,404 | $ 76,551 |
Fair value of loans with PIK provisions | $ 194,694 | $ 243,220 |
Credit Fund | ||
Schedule of Investments [Line Items] | ||
Weighted average yields of senior secured loans based on amortized cost | 8.59% | 6.04% |
Weighted average yields of senior secured loans based on fair value | 8.96% | 6.09% |
Number of portfolio companies in Credit Fund | financial_institution | 44 | 45 |
Average amount per portfolio company | $ 21,431 | $ 20,954 |
Number of loans on non-accrual status | loan | 0 | 0 |
Fair value of loans on non-accrual status | $ 0 | $ 0 |
Percentage of portfolio at floating interest rates | 100% | 100% |
Percentage of portfolio at fixed interest rates | 0% | 0% |
Fair value of loans with PIK provisions | $ 16,302 | $ 0 |
Debt securities | Credit Fund | ||
Schedule of Investments [Line Items] | ||
Senior secured loans | $ 942,952 | $ 942,930 |
Investments at fair value | Investment type concentration | ||
Schedule of Investments [Line Items] | ||
Concentration risk percentage | 100% | 100% |
Investments at fair value | Investment type concentration | PIK loan | ||
Schedule of Investments [Line Items] | ||
Concentration risk percentage | 10% | 12.70% |
Investments at fair value | Investment type concentration | PIK loan | Credit Fund | ||
Schedule of Investments [Line Items] | ||
Concentration risk percentage | 1.80% | 0% |
MIDDLE MARKET CREDIT FUND, LL_5
MIDDLE MARKET CREDIT FUND, LLC - Schedule of Investments (Details) € in Thousands, £ in Thousands, $ in Thousands | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) | Sep. 30, 2022 GBP (£) | Sep. 30, 2022 EUR (€) | Dec. 31, 2021 GBP (£) | Dec. 31, 2021 EUR (€) | Dec. 31, 2020 USD ($) | ||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 2,012,187 | $ 1,957,553 | ||||||||||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] | ||||||||||
Interest rate floor | 1% | 1% | 1% | 1% | 1% | 1% | ||||||||
Minimum | Credit spread | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0010 | 0.0010 | 0.0010 | |||||||||||
Maximum | Credit spread | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0026 | 0.0026 | 0.0026 | |||||||||||
30-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.14% | 0.10% | 3.14% | 3.14% | 0.10% | 0.10% | ||||||||
90-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.75% | 0.22% | 3.75% | 3.75% | 0.22% | 0.22% | ||||||||
180-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 4.23% | 0.33% | 4.23% | 4.23% | 0.33% | 0.33% | ||||||||
30-day SOFR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.04% | 3.04% | 3.04% | |||||||||||
90-day SOFR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.59% | 3.59% | 3.59% | |||||||||||
Canada | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 35,895 | $ 46,433 | ||||||||||||
Investments, at fair value | 36,502 | 47,543 | ||||||||||||
United States | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,840,217 | 1,764,818 | ||||||||||||
Investments, at fair value | $ 1,788,468 | $ 1,718,743 | ||||||||||||
Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Geographic concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Geographic concentration | Canada | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 1.90% | 2.50% | ||||||||||||
Geographic concentration | United States | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 91.80% | 89.80% | ||||||||||||
First Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 1,380,925 | $ 1,271,794 | ||||||||||||
Investments, at fair value | $ 1,328,594 | $ 1,232,084 | ||||||||||||
First Lien Debt | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 68.20% | 64.40% | ||||||||||||
Equity Investments | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 89,393 | $ 73,125 | ||||||||||||
Investments, at fair value | $ 92,552 | |||||||||||||
Equity Investments | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 4.70% | 4% | ||||||||||||
Credit Fund | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 941,134 | $ 940,092 | ||||||||||||
Investments, at fair value | $ 896,207 | $ 926,959 | ||||||||||||
Credit Fund | Minimum | Credit spread | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0010 | 0.0010 | 0.0010 | |||||||||||
Credit Fund | Maximum | Credit spread | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0043 | 0.0043 | 0.0043 | |||||||||||
Credit Fund | Geographic concentration | Canada | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 1.50% | 1.50% | ||||||||||||
Credit Fund | Geographic concentration | United States | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 98.50% | 98.50% | ||||||||||||
Credit Fund | First Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 935,770 | $ 934,728 | ||||||||||||
Investments, at fair value | $ 896,207 | $ 926,959 | ||||||||||||
Credit Fund | First Lien Debt | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Credit Fund | Equity Investments | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 5,364 | $ 5,364 | ||||||||||||
Investments, at fair value | $ 0 | $ 0 | ||||||||||||
Credit Fund | Equity Investments | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 0% | 0% | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | $ 2,961 | $ 2,961 | ||||||||||||
Amortized cost | 0 | 0 | ||||||||||||
Investments, at fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | 13,996 | 13,996 | ||||||||||||
Amortized cost | 5,364 | 5,364 | ||||||||||||
Investments, at fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - ACR Group Borrower, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.25% | 450% | 450% | 4.25% | 4.25% | ||||||||
Interest rate | 8.12% | 5.50% | 8.12% | 8.12% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 37,278 | $ 34,477 | ||||||||||||
Amortized cost | 36,780 | 33,913 | ||||||||||||
Investments, at fair value | $ 36,368 | $ 34,477 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - API Technologies Corp. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.92% | 4.35% | 7.92% | 7.92% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 14,512 | $ 14,625 | ||||||||||||
Amortized cost | 14,471 | 14,575 | ||||||||||||
Investments, at fair value | $ 13,227 | $ 14,251 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 350% | 3.50% | 350% | 350% | 3.50% | 3.50% | ||||||||
Interest rate | 6.62% | 3.78% | 6.62% | 6.62% | 3.78% | 3.78% | ||||||||
Par/principal amount | $ 25,182 | $ 25,376 | ||||||||||||
Amortized cost | 25,162 | 25,353 | ||||||||||||
Investments, at fair value | $ 23,294 | $ 25,203 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.25% | 4.25% | 4.25% | |||||||||||
Interest rate | 4.75% | 4.75% | 4.75% | |||||||||||
Par/principal amount | $ 6,700 | |||||||||||||
Amortized cost | 6,650 | |||||||||||||
Investments, at fair value | $ 6,687 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.25% | 525% | 525% | 5.25% | 5.25% | ||||||||
Interest rate | 8.07% | 6.25% | 8.07% | 8.07% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 20,161 | $ 19,796 | ||||||||||||
Amortized cost | 20,150 | 19,781 | ||||||||||||
Investments, at fair value | $ 19,630 | $ 19,587 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Anchor Packaging, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.12% | 4.10% | 7.12% | 7.12% | 4.10% | 4.10% | ||||||||
Par/principal amount | $ 24,284 | $ 24,472 | ||||||||||||
Amortized cost | 24,210 | 24,385 | ||||||||||||
Investments, at fair value | $ 23,464 | $ 24,215 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Aptean, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.35% | 7.32% | 7.32% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 12,062 | $ 12,157 | ||||||||||||
Amortized cost | 12,026 | 12,113 | ||||||||||||
Investments, at fair value | $ 11,459 | $ 12,087 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avalign Technologies, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.62% | 4.63% | 7.62% | 7.62% | 4.63% | 4.63% | ||||||||
Par/principal amount | $ 14,331 | $ 14,443 | ||||||||||||
Amortized cost | 14,259 | 14,354 | ||||||||||||
Investments, at fair value | $ 14,003 | $ 14,320 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 23,350 | |||||||||||||
Amortized cost | 23,350 | |||||||||||||
Investments, at fair value | $ 23,350 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 11,160 | $ 11,244 | ||||||||||||
Amortized cost | 11,073 | 11,143 | ||||||||||||
Investments, at fair value | $ 11,002 | $ 11,071 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,911 | $ 6,964 | ||||||||||||
Amortized cost | 6,911 | 6,964 | ||||||||||||
Investments, at fair value | $ 6,862 | $ 6,964 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.64% | 5.50% | 7.64% | 7.64% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 13,805 | $ 13,912 | ||||||||||||
Amortized cost | 13,563 | 13,480 | ||||||||||||
Investments, at fair value | $ 13,576 | $ 13,845 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chudy Group, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 33,021 | |||||||||||||
Amortized cost | 32,465 | |||||||||||||
Investments, at fair value | $ 33,657 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - DTI Holdco, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.33% | 5.75% | 7.33% | 7.33% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 30,000 | $ 18,495 | ||||||||||||
Amortized cost | 29,429 | 18,442 | ||||||||||||
Investments, at fair value | $ 28,450 | $ 18,237 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 6.25% | 625% | 625% | 6.25% | 6.25% | ||||||||
Interest rate | 9.11% | 7.25% | 9.11% | 9.11% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 10,044 | $ 9,049 | ||||||||||||
Amortized cost | 9,855 | 8,816 | ||||||||||||
Investments, at fair value | $ 9,715 | $ 9,228 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Divisions Holding Corporation - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.50% | 7.87% | 7.87% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 24,750 | $ 24,938 | ||||||||||||
Amortized cost | 24,543 | 24,706 | ||||||||||||
Investments, at fair value | $ 23,667 | $ 24,953 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 9.42% | 6.75% | 9.42% | 9.42% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 33,810 | $ 32,846 | ||||||||||||
Amortized cost | 33,208 | 32,169 | ||||||||||||
Investments, at fair value | $ 32,851 | $ 32,507 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 4.50% | 575% | 575% | 4.50% | 4.50% | ||||||||
Interest rate | 9.30% | 4.60% | 9.30% | 9.30% | 4.60% | 4.60% | ||||||||
Par/principal amount | $ 19,424 | $ 15,159 | ||||||||||||
Amortized cost | 19,187 | 15,103 | ||||||||||||
Investments, at fair value | $ 19,178 | $ 15,152 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 40,494 | $ 40,196 | ||||||||||||
Amortized cost | 40,460 | 40,126 | ||||||||||||
Investments, at fair value | $ 39,816 | $ 39,973 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Exactech, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 375% | 3.75% | 375% | 375% | 3.75% | 3.75% | ||||||||
Interest rate | 6.87% | 4.75% | 6.87% | 6.87% | 4.75% | 4.75% | ||||||||
Par/principal amount | $ 21,138 | $ 21,307 | ||||||||||||
Amortized cost | 21,071 | 21,221 | ||||||||||||
Investments, at fair value | $ 18,882 | $ 21,073 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Excel Fitness Holdings, Inc. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 24,500 | |||||||||||||
Amortized cost | 24,336 | |||||||||||||
Investments, at fair value | $ 24,500 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.25% | 575% | 575% | 5.25% | 5.25% | ||||||||
Interest rate | 8.89% | 6.25% | 8.89% | 8.89% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,552 | $ 14,736 | ||||||||||||
Amortized cost | 14,277 | 14,269 | ||||||||||||
Investments, at fair value | $ 14,552 | $ 14,736 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - GSM Acquisition Corp. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.73% | 6% | 8.73% | 8.73% | 6% | 6% | ||||||||
Par/principal amount | $ 30,207 | $ 25,623 | ||||||||||||
Amortized cost | 29,944 | 25,331 | ||||||||||||
Investments, at fair value | $ 28,849 | $ 25,396 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - HMT Holding Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 5.75% | 625% | 625% | 5.75% | 5.75% | ||||||||
Interest rate | 9.27% | 6.75% | 9.27% | 9.27% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 32,232 | $ 32,484 | ||||||||||||
Amortized cost | 32,086 | 32,245 | ||||||||||||
Investments, at fair value | $ 30,289 | $ 31,086 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 6% | 575% | 575% | 6% | 6% | ||||||||
Interest rate | 8.80% | 7% | 8.80% | 8.80% | 7% | 7% | ||||||||
Par/principal amount | $ 7,260 | $ 17,664 | ||||||||||||
Amortized cost | 7,171 | 17,664 | ||||||||||||
Investments, at fair value | $ 7,143 | $ 17,735 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 600% | 600% | |||||||||||
Interest rate | 9.12% | 9.12% | 9.12% | |||||||||||
Par/principal amount | $ 24,317 | |||||||||||||
Amortized cost | 24,233 | |||||||||||||
Investments, at fair value | $ 24,121 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Higginbotham Insurance Agency, Inc.. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 525% | 525% | |||||||||||
Interest rate | 8.37% | 8.37% | 8.37% | |||||||||||
Par/principal amount | $ 4,500 | |||||||||||||
Amortized cost | 4,438 | |||||||||||||
Investments, at fair value | $ 4,417 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Integrity Marketing Acquisition, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8% | 6.25% | 8% | 8% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 44,004 | $ 32,853 | ||||||||||||
Amortized cost | 43,572 | 32,309 | ||||||||||||
Investments, at fair value | $ 41,830 | $ 32,403 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Jensen Hughes, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.29% | 5.50% | 7.29% | 7.29% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 34,127 | $ 34,392 | ||||||||||||
Amortized cost | 34,097 | 34,347 | ||||||||||||
Investments, at fair value | $ 33,105 | $ 33,395 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.63% | 6% | 8.63% | 8.63% | 6% | 6% | ||||||||
Par/principal amount | $ 12,831 | $ 12,929 | ||||||||||||
Amortized cost | 12,832 | 12,929 | ||||||||||||
Investments, at fair value | $ 12,780 | $ 12,906 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KAMC Holdings, Inc. - Energy: Electricity | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.07% | 4.18% | 7.07% | 7.07% | 4.18% | 4.18% | ||||||||
Par/principal amount | $ 13,580 | $ 13,685 | ||||||||||||
Amortized cost | 13,540 | 13,638 | ||||||||||||
Investments, at fair value | $ 10,983 | $ 11,450 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KBP Investments, LLC - Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5% | 550% | 550% | 5% | 5% | ||||||||
Interest rate | 8.40% | 5.75% | 8.40% | 8.40% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 37,173 | $ 36,973 | ||||||||||||
Amortized cost | 36,966 | 36,599 | ||||||||||||
Investments, at fair value | $ 34,700 | $ 36,570 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Odyssey Logistics & Technology Corp. - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 6.81% | 5% | 6.81% | 6.81% | 5% | 5% | ||||||||
Par/principal amount | $ 9,530 | $ 9,605 | ||||||||||||
Amortized cost | 9,512 | 9,580 | ||||||||||||
Investments, at fair value | $ 9,196 | $ 9,509 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Output Services Group - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 4.50% | 5.25% | 5.25% | 4.50% | 4.50% | ||||||||
Interest, PIK | 1.50% | 1.50% | 1.50% | |||||||||||
Interest rate | 9.80% | 5.50% | 9.80% | 9.80% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 19,168 | $ 19,222 | ||||||||||||
Amortized cost | 19,145 | 19,194 | ||||||||||||
Investments, at fair value | $ 13,519 | $ 16,467 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 15,435 | |||||||||||||
Amortized cost | 15,196 | |||||||||||||
Investments, at fair value | $ 15,167 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Premise Health Holding Corp. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 3.75% | 3.50% | 3.75% | 3.75% | 3.50% | 3.50% | ||||||||
Interest rate | 7.92% | 3.72% | 7.92% | 7.92% | 3.72% | 3.72% | ||||||||
Par/principal amount | $ 13,341 | $ 13,445 | ||||||||||||
Amortized cost | 13,312 | 13,409 | ||||||||||||
Investments, at fair value | $ 13,244 | $ 13,419 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Q Holding Company - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 21,515 | |||||||||||||
Amortized cost | 21,421 | |||||||||||||
Investments, at fair value | $ 21,098 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 6.25% | 550% | 550% | 6.25% | 6.25% | ||||||||
Interest rate | 8.05% | 7.25% | 8.05% | 8.05% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 21,630 | $ 14,116 | ||||||||||||
Amortized cost | 21,483 | 13,887 | ||||||||||||
Investments, at fair value | $ 21,147 | $ 13,645 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Radiology Partners, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.36% | 7.32% | 7.32% | 4.36% | 4.36% | ||||||||
Par/principal amount | $ 27,686 | $ 27,686 | ||||||||||||
Amortized cost | 27,619 | 27,603 | ||||||||||||
Investments, at fair value | $ 24,173 | $ 27,245 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - RevSpring Inc. - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4.25% | 400% | 400% | 4.25% | 4.25% | ||||||||
Interest rate | 7.67% | 4.47% | 7.67% | 7.67% | 4.47% | 4.47% | ||||||||
Par/principal amount | $ 28,924 | $ 29,149 | ||||||||||||
Amortized cost | 28,803 | 29,001 | ||||||||||||
Investments, at fair value | $ 27,694 | $ 29,067 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 575% | 575% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 11,314 | |||||||||||||
Amortized cost | 11,314 | |||||||||||||
Investments, at fair value | $ 11,314 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Striper Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8.62% | 6.25% | 8.62% | 8.62% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,738 | $ 14,850 | ||||||||||||
Amortized cost | 14,625 | 14,720 | ||||||||||||
Investments, at fair value | $ 14,715 | $ 14,850 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 34,339 | $ 13,960 | ||||||||||||
Amortized cost | 34,115 | 13,960 | ||||||||||||
Investments, at fair value | $ 33,641 | $ 13,661 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - U.S. TelePacific Holdings Corp. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 1% | 5.50% | 1% | 1% | 5.50% | 5.50% | ||||||||
Interest, PIK | 7.25% | 7.25% | 7.25% | |||||||||||
Interest rate | 11.32% | 6.50% | 11.32% | 11.32% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,957 | $ 6,660 | ||||||||||||
Amortized cost | 6,944 | 6,643 | ||||||||||||
Investments, at fair value | $ 2,783 | $ 4,995 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 9.67% | 7% | 9.67% | 9.67% | 7% | 7% | ||||||||
Par/principal amount | $ 14,883 | $ 14,995 | ||||||||||||
Amortized cost | 14,625 | 14,704 | ||||||||||||
Investments, at fair value | $ 14,300 | $ 14,704 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - VRC Companies, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.25% | 6.25% | 9.25% | 9.25% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 28,965 | $ 26,520 | ||||||||||||
Amortized cost | 28,599 | 26,103 | ||||||||||||
Investments, at fair value | $ 28,093 | $ 26,162 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - WRE Holding Corp. - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 8.79% | 6.50% | 8.79% | 8.79% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,428 | $ 8,740 | ||||||||||||
Amortized cost | 8,426 | 8,724 | ||||||||||||
Investments, at fair value | $ 8,268 | $ 8,584 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Welocalize, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.75% | 7.87% | 7.87% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 33,885 | $ 34,201 | ||||||||||||
Amortized cost | 33,617 | 33,868 | ||||||||||||
Investments, at fair value | $ 32,764 | $ 33,444 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 8.80% | 6.75% | 8.80% | 8.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 39,600 | $ 39,900 | ||||||||||||
Amortized cost | 38,921 | 39,135 | ||||||||||||
Investments, at fair value | $ 37,976 | $ 39,095 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | 5% | 5% | 5% | ||||||||
Interest rate | 8.58% | 6% | 8.58% | 8.58% | 6% | 6% | ||||||||
Par/principal amount | $ 9,870 | $ 9,946 | ||||||||||||
Amortized cost | 9,858 | 9,930 | ||||||||||||
Investments, at fair value | $ 9,833 | $ 9,946 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.42% | 8.42% | 8.42% | |||||||||||
Par/principal amount | $ 3,300 | |||||||||||||
Amortized cost | 3,190 | |||||||||||||
Investments, at fair value | $ 3,181 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | ||||||||
Interest, PIK | 3.50% | 1.50% | 3.50% | 3.50% | 1.50% | 1.50% | ||||||||
Interest rate | 13.39% | 9.25% | 13.39% | 13.39% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 8,968 | $ 8,415 | ||||||||||||
Amortized cost | 8,968 | 8,415 | ||||||||||||
Investments, at fair value | $ 8,939 | $ 8,415 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | ||||||||
Interest rate | 9.93% | 8.25% | 9.93% | 9.93% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 7,512 | $ 1,197 | ||||||||||||
Amortized cost | 7,379 | 1,178 | ||||||||||||
Investments, at fair value | $ 7,338 | $ 1,198 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 7.25% | 6% | 6% | 7.25% | 7.25% | ||||||||
Interest rate | 8.46% | 8.25% | 8.46% | 8.46% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 5,357 | $ 5,357 | ||||||||||||
Amortized cost | 5,309 | 5,295 | ||||||||||||
Investments, at fair value | $ 5,357 | $ 5,357 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.78% | 7% | 8.78% | 8.78% | 7% | 7% | ||||||||
Par/principal amount | $ 4,322 | $ 4,355 | ||||||||||||
Amortized cost | 4,250 | 4,273 | ||||||||||||
Investments, at fair value | $ 4,065 | $ 3,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 987 | |||||||||||||
Amortized cost | 980 | |||||||||||||
Investments, at fair value | $ 987 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 3,250 | $ 3,275 | ||||||||||||
Amortized cost | 3,199 | 3,216 | ||||||||||||
Investments, at fair value | $ 3,204 | $ 3,224 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Captive Resources Midco, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,193 | |||||||||||||
Amortized cost | 8,108 | |||||||||||||
Investments, at fair value | $ 8,147 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.50% | 5.25% | 5.25% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 9,848 | $ 9,924 | ||||||||||||
Amortized cost | 9,835 | 9,907 | ||||||||||||
Investments, at fair value | $ 9,796 | $ 9,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 9.39% | 6.75% | 9.39% | 9.39% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 8,642 | $ 8,710 | ||||||||||||
Amortized cost | 8,588 | 8,632 | ||||||||||||
Investments, at fair value | $ 8,269 | $ 8,536 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5% | 5.50% | 5.50% | 5% | 5% | ||||||||
Interest rate | 7.78% | 6% | 7.78% | 7.78% | 6% | 6% | ||||||||
Par/principal amount | $ 8,646 | $ 8,712 | ||||||||||||
Amortized cost | 8,543 | 8,591 | ||||||||||||
Investments, at fair value | $ 8,569 | $ 8,707 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 10,000 | |||||||||||||
Amortized cost | 9,939 | |||||||||||||
Investments, at fair value | $ 9,974 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 9.38% | 9.38% | 9.38% | |||||||||||
Par/principal amount | $ 9,939 | |||||||||||||
Amortized cost | 9,885 | |||||||||||||
Investments, at fair value | $ 9,797 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Ethos Veterinary Health LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.75% | 4.75% | 4.75% | |||||||||||
Interest rate | 4.85% | 4.85% | 4.85% | |||||||||||
Par/principal amount | $ 8,134 | |||||||||||||
Amortized cost | 8,080 | |||||||||||||
Investments, at fair value | $ 8,134 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,643 | $ 8,710 | ||||||||||||
Amortized cost | 8,639 | 8,701 | ||||||||||||
Investments, at fair value | $ 8,508 | $ 8,666 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | ||||||||
Interest rate | 8.79% | 6.25% | 8.79% | 8.79% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 9,926 | $ 4,717 | ||||||||||||
Amortized cost | 9,903 | 4,707 | ||||||||||||
Investments, at fair value | $ 9,891 | $ 4,669 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.56% | 8.56% | 8.56% | |||||||||||
Par/principal amount | $ 6,463 | |||||||||||||
Amortized cost | 6,270 | |||||||||||||
Investments, at fair value | $ 6,135 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 8.85% | 8.85% | 8.85% | |||||||||||
Par/principal amount | $ 4,883 | |||||||||||||
Amortized cost | 4,718 | |||||||||||||
Investments, at fair value | $ 4,655 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8% | 8% | 8% | |||||||||||
Par/principal amount | $ 4,546 | |||||||||||||
Amortized cost | 4,366 | |||||||||||||
Investments, at fair value | $ 4,321 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 9,012 | |||||||||||||
Amortized cost | 8,914 | |||||||||||||
Investments, at fair value | $ 8,998 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 8.63% | 8.63% | 8.63% | |||||||||||
Par/principal amount | $ 8,944 | |||||||||||||
Amortized cost | 8,850 | |||||||||||||
Investments, at fair value | $ 8,911 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest, PIK | 1% | 1% | 1% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 9,092 | |||||||||||||
Amortized cost | 8,987 | |||||||||||||
Investments, at fair value | $ 9,038 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 5.75% | 6% | 6% | 5.75% | 5.75% | ||||||||
Interest rate | 9.64% | 6.50% | 9.64% | 9.64% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,846 | 7,896 | ||||||||||||
Investments, at fair value | $ 7,561 | $ 7,891 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 6% | 6.25% | 6.25% | 6% | 6% | ||||||||
Interest rate | 9.92% | 7% | 9.92% | 9.92% | 7% | 7% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,774 | 7,814 | ||||||||||||
Investments, at fair value | $ 7,069 | $ 7,808 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 8.87% | 6.50% | 8.87% | 8.87% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,640 | $ 8,708 | ||||||||||||
Amortized cost | 8,640 | 8,680 | ||||||||||||
Investments, at fair value | $ 8,435 | $ 8,601 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - National Technical Systems, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 8,733 | |||||||||||||
Amortized cost | 8,720 | |||||||||||||
Investments, at fair value | $ 8,733 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,669 | |||||||||||||
Investments, at fair value | $ 9,802 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.05% | 8.05% | 8.05% | |||||||||||
Par/principal amount | $ 9,973 | |||||||||||||
Amortized cost | 9,825 | |||||||||||||
Investments, at fair value | $ 9,796 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,401 | |||||||||||||
Amortized cost | 8,277 | |||||||||||||
Investments, at fair value | $ 8,434 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.38% | 8.38% | 8.38% | |||||||||||
Par/principal amount | $ 8,337 | |||||||||||||
Amortized cost | 8,231 | |||||||||||||
Investments, at fair value | $ 7,983 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Redwood Services Group, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 7% | 7% | 7% | |||||||||||
Par/principal amount | $ 8,736 | |||||||||||||
Amortized cost | 8,724 | |||||||||||||
Investments, at fair value | $ 8,737 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 8,173 | |||||||||||||
Amortized cost | 8,074 | |||||||||||||
Investments, at fair value | $ 8,173 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 8,111 | |||||||||||||
Amortized cost | 8,032 | |||||||||||||
Investments, at fair value | $ 8,111 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Superior Health Linens, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 6,875 | |||||||||||||
Amortized cost | 6,875 | |||||||||||||
Investments, at fair value | $ 6,875 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.69% | 7% | 8.69% | 8.69% | 7% | 7% | ||||||||
Par/principal amount | $ 1,688 | $ 1,701 | ||||||||||||
Amortized cost | 1,667 | 1,676 | ||||||||||||
Investments, at fair value | $ 1,407 | $ 1,458 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 8,029 | $ 8,091 | ||||||||||||
Amortized cost | 7,913 | 7,950 | ||||||||||||
Investments, at fair value | $ 7,870 | $ 7,929 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.29% | 9.29% | 9.29% | |||||||||||
Par/principal amount | $ 6,186 | |||||||||||||
Amortized cost | 6,178 | |||||||||||||
Investments, at fair value | $ 6,082 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | ||||||||
Interest, PIK | 0.25% | 0.25% | 0.25% | |||||||||||
Interest rate | 8.78% | 7.50% | 8.78% | 8.78% | 7.50% | 7.50% | ||||||||
Par/principal amount | $ 3,111 | $ 3,267 | ||||||||||||
Amortized cost | 3,071 | 3,217 | ||||||||||||
Investments, at fair value | $ 2,955 | $ 3,189 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - USLS Acquisition, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 6,234 | |||||||||||||
Amortized cost | 6,223 | |||||||||||||
Investments, at fair value | $ 6,165 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 5.75% | 6.25% | 6.25% | 5.75% | 5.75% | ||||||||
Interest rate | 9.80% | 6.75% | 9.80% | 9.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 6,433 | $ 6,418 | ||||||||||||
Amortized cost | 6,374 | 6,337 | ||||||||||||
Investments, at fair value | $ 6,304 | $ 6,359 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Wineshipping.com LLC - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 7.63% | 7.63% | 7.63% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,618 | |||||||||||||
Investments, at fair value | $ 9,483 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AI Convoy S.A.R.L (United Kingdom) - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | ||||||||
Interest rate | 9.80% | 9.25% | 9.80% | 9.80% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 5,514 | $ 5,514 | ||||||||||||
Amortized cost | 5,422 | 5,413 | ||||||||||||
Investments, at fair value | $ 5,734 | $ 5,720 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AP Plastics Acquisition Holdings, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.49% | 8.25% | 10.49% | 10.49% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 4,500 | $ 4,500 | ||||||||||||
Amortized cost | 4,417 | 4,410 | ||||||||||||
Investments, at fair value | $ 4,406 | $ 4,526 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AQA Acquisition Holdings, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.57% | 8% | 10.57% | 10.57% | 8% | 8% | ||||||||
Par/principal amount | $ 5,000 | $ 5,000 | ||||||||||||
Amortized cost | 4,890 | 4,881 | ||||||||||||
Investments, at fair value | $ 4,843 | $ 5,004 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Quartz Holding Company - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | 8% | 8% | 8% | 8% | 8% | ||||||||
Interest rate | 11.12% | 8.10% | 11.12% | 11.12% | 8.10% | 8.10% | ||||||||
Par/principal amount | $ 4,852 | $ 4,852 | ||||||||||||
Amortized cost | 4,789 | 4,781 | ||||||||||||
Investments, at fair value | $ 4,821 | $ 4,852 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | |||||||||||
Interest rate | 8.35% | 8.35% | 8.35% | |||||||||||
Par/principal amount | $ 5,514 | |||||||||||||
Amortized cost | 5,446 | |||||||||||||
Investments, at fair value | $ 5,569 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Interest rate | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Par/principal amount | $ 5,465 | $ 5,465 | ||||||||||||
Amortized cost | 5,379 | 5,368 | ||||||||||||
Investments, at fair value | 5,220 | 5,422 | ||||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 39,132 | 27,555 | $ 24,949 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (2) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 2,731 | 2,731 | 1,231 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 0 | 0 | |||||||||||
Investment, Identifier [Axis]: Equity Investments, ANLG Holdings, LLC, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 592 | [3],[4] | 592 | [5],[6] | ||||||||||
Investments, at fair value | 649 | [1],[3],[4] | 821 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 4,861 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 4,843 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 4,457 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 4,662 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Atlas Ontario LP (Canada), Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 5,114 | [3],[4],[8] | 5,114 | [2],[5],[6] | ||||||||||
Investments, at fair value | 5,114 | [1],[3],[4],[8] | 5,114 | [2],[5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 104 | [3],[4] | 172 | [5],[6] | ||||||||||
Investments, at fair value | 548 | [1],[3],[4] | 491 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 9,461 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 9,461 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 10,436 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 10,476 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Buckeye Parent, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 885 | [3],[4] | 885 | [5],[6] | ||||||||||
Investments, at fair value | 812 | [1],[3],[4] | 885 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, CIP Revolution Holdings, LLC, Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 318 | [3],[4] | 318 | [5],[6] | ||||||||||
Investments, at fair value | 181 | [1],[3],[4] | 205 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 433 | [3],[4] | 430 | [5],[6] | ||||||||||
Investments, at fair value | 639 | [1],[3],[4] | 691 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 250 | [3],[4],[8] | 250 | [5],[6] | ||||||||||
Investments, at fair value | 606 | [1],[3],[4],[8] | 454 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,000 | [3],[4] | 1,000 | [5],[6] | ||||||||||
Investments, at fair value | 0 | [1],[3],[4] | 0 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 11,468 | [3],[4] | 10,269 | [5],[6] | ||||||||||
Investments, at fair value | 10,900 | [1],[3],[4] | 10,256 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 0 | [3],[4],[9] | 0 | [5],[6],[10] | ||||||||||
Investments, at fair value | 0 | [1],[3],[4],[9] | 0 | [5],[6],[7],[10] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, ECP Parent, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 0 | [3],[4] | 0 | [5],[6] | ||||||||||
Investments, at fair value | 290 | [1],[3],[4] | 290 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, GB Vino Parent, L.P., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 351 | [3],[4] | 351 | [5],[6] | ||||||||||
Investments, at fair value | 261 | [1],[3],[4] | 351 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Integrity Marketing Group, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 15,993 | [3],[4] | 14,739 | [5],[6] | ||||||||||
Investments, at fair value | 16,086 | [1],[3],[4] | 14,738 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 306 | [3],[4] | 306 | [5],[6] | ||||||||||
Investments, at fair value | 903 | [1],[3],[4] | 652 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Legacy.com, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,500 | [3],[4] | 1,500 | [5],[6] | ||||||||||
Investments, at fair value | 1,125 | [1],[3],[4] | 1,178 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Mailgun Technologies, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 0 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,328 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 615 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 615 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, NearU Holdings LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 2,470 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,470 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 2,315 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,523 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 2,315 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 2,412 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 364 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 638 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 364 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 364 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Picard Parent, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 8,189 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 8,189 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Profile Holdings I, LP - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 523 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 523 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Sinch AB (Sweden) - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 1,168 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 142 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, SolAero Technologies Corp., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | [5],[6],[11] | 3 | ||||||||||||
Amortized cost | [5],[6],[11] | 2,815 | ||||||||||||
Investments, at fair value | [5],[6],[7],[11] | 0 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 1,558 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,296 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 1,558 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,719 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Talon MidCo 1 Limited - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 1,456 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,456 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 0 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,595 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 482 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,261 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 13,948 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 13,829 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 12,587 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 12,971 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 933 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,416 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 933 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 2,773 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 641 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 940 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 518 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 610 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 133 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 175 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 481 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 648 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 133 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 209 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 190 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 733 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 190 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 763 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Zenith American Holding, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 761 | [3],[4] | 782 | [5],[6] | ||||||||||
Investments, at fair value | 1,068 | [1],[3],[4] | $ 1,456 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments,U.S. Legal Support Investment Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 641 | ||||||||||||
Investments, at fair value | [1],[3],[4] | $ 841 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, ADPD Holdings, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 9,937 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 9,665 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 9,661 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Advanced Web Technologies Holding Company - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.99% | 8.99% | 8.99% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 9,338 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 9,158 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 9,214 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 2,039 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,015 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,029 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Allied Universal Holdco LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 7.37% | 7.37% | 7.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 494 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 496 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 433 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.42% | 8.42% | 8.42% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 20,054 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 19,668 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 19,292 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [4],[12],[13],[14],[16] | 13.39% | 13.39% | 13.39% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 29,856 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 29,855 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 29,757 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.07% | 8.07% | 8.07% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 2,459 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,443 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,395 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Applied Technical Services, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 530 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 520 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 526 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.93% | 9.93% | 9.93% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 36,877 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 36,234 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 35,954 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.46% | 8.46% | 8.46% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,131 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,064 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,131 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ascend Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 12,700 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 12,458 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 12,469 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Associations, Inc. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [4],[13],[14],[16] | 9.88% | 9.88% | 9.88% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 12,772 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 12,667 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 12,449 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[8],[12],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[14],[16] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [4],[8],[12],[14],[16],[17] | $ 32,240 | ||||||||||||
Amortized cost | [4],[8],[12],[14],[16],[18] | 31,704 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[14],[16] | $ 30,319 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, BLUECAT NETWORKS (USA) INC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 3,165 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 3,089 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 3,087 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.17% | 9.17% | 9.17% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 0 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | (153) | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ (137) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Barnes & Noble, Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16],[19] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[14],[16],[19] | |||||||||||||
Interest rate | [4],[14],[16],[19] | 11.36% | 11.36% | 11.36% | ||||||||||
Par/principal amount | [4],[14],[16],[17],[19] | $ 28,210 | ||||||||||||
Amortized cost | [4],[14],[16],[18],[19] | 27,385 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16],[19] | $ 27,468 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[8],[13],[14],[16] | 10.42% | 10.42% | 10.42% | ||||||||||
Par/principal amount | £ | [4],[8],[13],[14],[16],[17] | £ 4,700 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | $ 5,315 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 4,451 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[13],[14],[16] | 7.42% | 7.42% | 7.42% | ||||||||||
Par/principal amount | £ | [4],[8],[13],[14],[16],[17] | £ 0 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | $ 0 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ (91) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 6.38% | 6.38% | 6.38% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 688 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 680 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 684 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[13],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[8],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[13],[14],[16] | 7.64% | 7.64% | 7.64% | ||||||||||
Par/principal amount | [4],[8],[12],[13],[14],[16],[17] | $ 463 | ||||||||||||
Amortized cost | [4],[8],[12],[13],[14],[16],[18] | 462 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[13],[14],[16] | $ 455 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 10,579 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 10,563 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 10,454 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 558 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 501 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 558 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.39% | 9.39% | 9.39% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 26,239 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 26,032 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 24,978 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[8],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[13],[14],[16] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [4],[8],[12],[13],[14],[16],[17] | $ 10,435 | ||||||||||||
Amortized cost | [4],[8],[12],[13],[14],[16],[18] | 10,283 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[13],[14],[16] | $ 10,317 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 9.78% | 9.78% | 9.78% | ||||||||||
Par/principal amount | [4],[8],[14],[16],[17] | $ 1,864 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | 1,825 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 1,855 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, DCA Investment Holding LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.97% | 9.97% | 9.97% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 13,876 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 13,715 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 13,353 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Denali Midco 2, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 9.45% | 9.45% | 9.45% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 7,143 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 6,845 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 6,843 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, DermaRite Industries, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16],[20] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[12],[14],[16],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[12],[14],[16],[20] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17],[20] | $ 20,766 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18],[20] | 20,775 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16],[20] | $ 13,534 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[15],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[14],[15],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[15],[16] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [4],[14],[15],[16],[17] | $ 26,871 | ||||||||||||
Amortized cost | [4],[14],[15],[16],[18] | 26,909 | ||||||||||||
Investments, at fair value | [1],[4],[14],[15],[16] | $ 26,784 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16],[19],[20] | 9.50% | 9.50% | 9.50% | ||||||||||
Interest, PIK | [4],[14],[16],[19],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[16],[19],[20] | 12.77% | 12.77% | 12.77% | ||||||||||
Par/principal amount | [4],[14],[16],[17],[19],[20] | $ 38,724 | ||||||||||||
Amortized cost | [4],[14],[16],[18],[19],[20] | 24,923 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16],[19],[20] | $ 23,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.11% | 9.11% | 9.11% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 670 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 657 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 648 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.38% | 9.38% | 9.38% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,860 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 3,784 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 3,789 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 914 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 898 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 888 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.30% | 9.30% | 9.30% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 1,584 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 1,516 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 1,522 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ellkay, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.52% | 9.52% | 9.52% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 14,142 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 13,872 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 13,157 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Emergency Communications Network, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest rate | [4],[12],[14],[16] | 10.33% | 10.33% | 10.33% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 26,200 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 26,162 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 22,474 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 5,570 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 5,567 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 5,472 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excel Fitness Holdings, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.08% | 8.08% | 8.08% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 6,296 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 6,162 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 6,044 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 3,117 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 3,048 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 3,047 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 6.08% | 6.08% | 6.08% | ||||||||||
Par/principal amount | € | [4],[14],[16],[17] | € 1,275 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | $ 1,283 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 1,225 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, FPG Intermediate Holdco, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 428 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 343 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 341 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.89% | 8.89% | 8.89% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 3,029 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 3,023 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 3,029 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Greenhouse Software, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 32,796 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 32,040 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 31,815 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Guidehouse LLP - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.37% | 9.37% | 9.37% | ||||||||||
Par/principal amount | £ | [4],[14],[16],[17] | £ 80 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | $ 78 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 78 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, HS Spa Holdings Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 7.51% | 7.51% | 7.51% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 8,627 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 8,437 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 8,348 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 5.26% | 5.26% | 5.26% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | 3.47% | 3.47% | 3.47% | ||||||||||
Interest rate | [4],[8],[14],[16] | 10.92% | 10.92% | 10.92% | ||||||||||
Par/principal amount | £ | [4],[8],[14],[16],[17] | £ 14,550 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | $ 18,934 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 15,800 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | 2.75% | 2.75% | 2.75% | ||||||||||
Interest rate | [4],[8],[13],[14],[16] | 9.94% | 9.94% | 9.94% | ||||||||||
Par/principal amount | [4],[8],[13],[14],[16],[17] | $ 3,317 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | 3,773 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 3,530 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.79% | 8.79% | 8.79% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,012 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,984 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,990 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,933 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,802 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,691 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.12% | 9.12% | 9.12% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 7,207 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 7,140 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 7,146 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hercules Borrower LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 10.62% | 10.62% | 10.62% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 18,543 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 18,121 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 18,064 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Higginbotham Insurance Agency, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.37% | 8.37% | 8.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 441 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 426 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 433 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 10,734 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,514 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 10,109 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, IQN Holding Corp. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.41% | 8.41% | 8.41% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,783 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,708 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,733 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Individual FoodService Holdings, LLC - Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 12,261 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 12,009 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 12,085 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Infront Luxembourg Finance S.À R.L. (Luxembourg) - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 9.54% | 9.54% | 9.54% | ||||||||||
Par/principal amount | € | [4],[8],[14],[16],[17] | € 8,250 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | $ 9,795 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 7,924 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Jeg's Automotive, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.34% | 9.34% | 9.34% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 19,992 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 19,550 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 19,195 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.63% | 8.63% | 8.63% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,339 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 3,288 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 3,322 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.28% | 8.28% | 8.28% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 35,453 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 34,704 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 34,594 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, LVF Holdings, Inc. - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 41,629 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 40,861 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 38,542 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Lifelong Learner Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 26,025 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 25,700 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 24,563 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, LinQuest Corporation - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.10% | 9.10% | 9.10% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 9,900 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 9,729 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 9,219 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Liqui-Box Holdings, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.76% | 8.76% | 8.76% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 2,086 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 2,076 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 1,919 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, MMIT Holdings, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 11,053 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,851 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 11,005 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.64% | 9.64% | 9.64% | ||||||||||
Par/principal amount | [15] | $ 8,101 | ||||||||||||
Amortized cost | [15] | 7,957 | ||||||||||||
Investments, at fair value | [15] | $ 7,667 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 35,712 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 35,035 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 31,230 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Medical Manufacturing Technologies, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.40% | 9.40% | 9.40% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 22,689 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 22,135 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 22,076 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.22% | 9.22% | 9.22% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 5,525 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 5,384 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 5,383 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NES Global Talent Finance US, LLC (United Kingdom) - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 8.31% | 8.31% | 8.31% | ||||||||||
Par/principal amount | [4],[8],[14],[16],[17] | $ 9,612 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | 9,587 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 9,592 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.87% | 8.87% | 8.87% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 40,019 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 39,956 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 39,040 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, North Haven Fairway Buyer, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.65% | 8.65% | 8.65% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 21,320 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 20,863 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 20,825 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Oak Purchaser, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 5,851 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 5,777 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 5,810 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 2,106 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 1,857 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 1,856 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Growth Partners, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 7.71% | 7.71% | 7.71% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 7,977 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 7,916 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 7,900 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PXO Holdings I Corp. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.21% | 8.21% | 8.21% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 17,111 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 16,756 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 16,494 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Performance Health Holdings, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 6,444 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 6,337 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 6,377 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project CastFirst Lien Debt, PPT Management Holdings, LLC - Healthcare & Pharmaceuticalsle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [4],[14],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[16] | 12.25% | 12.25% | 12.25% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 28,665 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 28,656 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 22,762 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project Castle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.05% | 9.05% | 9.05% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 7,500 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 6,739 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 6,319 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Prophix Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[13],[14],[16] | 9.31% | 9.31% | 9.31% | ||||||||||
Par/principal amount | [4],[8],[13],[14],[16],[17] | $ 10,963 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | 10,760 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 11,014 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.05% | 8.05% | 8.05% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 32,362 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 32,313 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 31,785 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 15,067 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 14,815 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 14,481 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.89% | 9.89% | 9.89% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 9,854 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 9,664 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 9,413 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 8.38% | 8.38% | 8.38% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 10,905 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 10,772 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 10,376 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Regency Entertainment, Inc. - Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 20,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 19,747 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 19,746 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 1,680 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 1,650 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 1,680 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, SPay, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [4],[12],[14],[16] | 12.34% | 12.34% | 12.34% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 24,252 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 24,117 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 21,683 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Sapphire Convention, Inc. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.77% | 9.77% | 9.77% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 28,462 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 28,160 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 26,729 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Smarsh Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 10.05% | 10.05% | 10.05% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,530 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,372 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,109 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Speedstar Holding, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 10.07% | 10.07% | 10.07% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 26,763 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 26,353 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 26,697 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Spotless Brands, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.09% | 9.09% | 9.09% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 31,468 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 30,793 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 30,465 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 11,075 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,918 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 8,894 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, TIBCO Software Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.09% | 8.09% | 8.09% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 15,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 13,650 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 13,441 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 37,836 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 37,100 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 36,576 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, The Carlstar Group LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.15% | 9.15% | 9.15% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 14,629 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 14,252 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 14,267 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Trafigura Trading LLC - Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16],[21] | 8.35% | 8.35% | 8.35% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16],[21] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16],[21] | 12.11% | 12.11% | 12.11% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17],[21] | $ 6,871 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18],[21] | 6,765 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16],[21] | $ 6,796 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tufin Software North America, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 10.06% | 10.06% | 10.06% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[17] | $ 26,851 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[18] | 26,297 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15] | $ 26,282 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 0 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | (93) | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ (117) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.29% | 9.29% | 9.29% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 15,557 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 15,385 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 15,244 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[14],[16] | 0.25% | 0.25% | 0.25% | ||||||||||
Interest rate | [4],[14],[16] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 9,078 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 8,965 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 8,622 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.67% | 9.67% | 9.67% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 993 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 975 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 954 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, USR Parent Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 7.60% | 7.60% | 7.60% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 10.11% | 10.11% | 10.11% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 4,333 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 4,293 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 4,148 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [4],[8],[16] | 1% | 1% | 1% | ||||||||||
Interest rate | [4],[8],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [4],[8],[17] | € 4,668 | ||||||||||||
Amortized cost | [4],[8],[18] | $ 4,988 | ||||||||||||
Investments, at fair value | [1],[4],[8] | $ 4,517 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[16] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [4],[8],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[8],[16] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [4],[8],[17] | € 821 | ||||||||||||
Amortized cost | [4],[8],[18] | $ 928 | ||||||||||||
Investments, at fair value | [1],[4],[8] | $ 835 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [15] | $ 21,549 | ||||||||||||
Amortized cost | [15] | 21,429 | ||||||||||||
Investments, at fair value | [15] | $ 21,116 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [15] | $ 4,970 | ||||||||||||
Amortized cost | [15] | 4,888 | ||||||||||||
Investments, at fair value | [15] | $ 4,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Wineshipping.com LLC - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [4],[12],[13],[14],[16] | 7.63% | 7.63% | 7.63% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 4,598 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 4,464 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 4,215 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[16],[22] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [4],[16],[22] | |||||||||||||
Interest rate | [4],[16],[22] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [4],[17],[22] | $ 18,552 | ||||||||||||
Amortized cost | [4],[18],[22] | 18,254 | ||||||||||||
Investments, at fair value | [1],[4],[22] | $ 17,723 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, YLG Holdings, Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest rate | [4],[14],[16] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 1,966 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 1,921 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 1,961 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [4],[14],[16] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 446 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 438 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 427 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, iCIMS, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 25,540 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 25,058 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 24,932 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Advanced Web Technologies Holding Company, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 7,177 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 6,970 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 7,297 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Airnov, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 1,862 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 1,833 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 1,862 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Allied Universal Holdco LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 4.46% | 4.46% | 4.46% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 497 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 500 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 498 | ||||||||||||
Investment, Identifier [Axis]: First Lien, American Physician Partners, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | 1.50% | 1.50% | 1.50% | ||||||||||
Interest rate | [5],[23],[24],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,908 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 27,886 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 27,908 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Analogic Corporation, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 2,434 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 2,412 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 2,408 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Applied Technical Services, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 536 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 525 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 536 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 43,247 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 42,406 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 43,295 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Apptio, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 6,131 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 6,044 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 6,130 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ascend Buyer, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 12,838 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 12,569 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 12,618 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Associations, Inc., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 11,570 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 11,457 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 11,599 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Aurora Lux FinCo S.Á.R.L. (Luxembourg), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [2],[5],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [2],[5],[24],[25],[26],[27] | $ 32,488 | ||||||||||||
Amortized cost | [2],[5],[24],[25],[26],[28] | 31,870 | ||||||||||||
Investments, at fair value | [2],[5],[7],[24],[25],[26] | $ 29,269 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 13,545 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 13,451 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 13,545 | ||||||||||||
Investment, Identifier [Axis]: First Lien, BMS Holdings III Corp., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 0 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | (180) | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ (149) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Barnes & Noble, Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[25],[26],[29] | |||||||||||||
Interest rate | [5],[25],[26],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[29] | $ 28,932 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[29] | 27,926 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[29] | $ 28,146 | ||||||||||||
Investment, Identifier [Axis]: First Lien, BlueCat Networks, Inc. (Canada), High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[24],[25],[26] | |||||||||||||
Interest rate | [2],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [2],[24],[25],[26],[27] | $ 11,468 | ||||||||||||
Amortized cost | [2],[24],[25],[26],[28] | 11,270 | ||||||||||||
Investments, at fair value | [2],[7],[24],[25],[26] | $ 11,583 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[5],[23],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | € | [2],[5],[23],[25],[26],[27] | € 4,700 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ 5,312 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 5,167 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | € | [2],[5],[23],[25],[26],[27] | € 0 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ (9) | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ (9) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Captive Resources Midco, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 10,223 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,104 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 10,152 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 694 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 686 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 694 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chemical Computing Group ULC (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[24],[25],[26] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [2],[5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [2],[5],[23],[24],[25],[26],[27] | $ 466 | ||||||||||||
Amortized cost | [2],[5],[23],[24],[25],[26],[28] | 465 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[24],[25],[26] | $ 464 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chudy Group, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 826 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 812 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 841 | ||||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[24],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 10,544 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 10,523 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 9,415 | ||||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 697 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 640 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 697 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cobblestone Intermediate Holdco LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 723 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 718 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 712 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Comar Holding Company, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 26,443 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,152 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 25,855 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [2],[5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [2],[5],[23],[24],[25],[26],[27] | $ 10,515 | ||||||||||||
Amortized cost | [2],[5],[23],[24],[25],[26],[28] | 10,334 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[24],[25],[26] | $ 10,510 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 1,879 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 1,833 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 1,900 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DCA Investment Holding, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 10,841 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,680 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 10,777 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DTI Holdco, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,934 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,883 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,907 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[30] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[25],[26],[30] | |||||||||||||
Interest rate | [5],[25],[26],[30] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[30] | $ 55,808 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[30] | 50,996 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[30] | $ 37,471 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DermaRite Industries, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 19,558 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 19,546 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 15,961 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Designer Brands Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 17,046 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 16,718 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 16,846 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 603 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 588 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 615 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [4],[9],[12],[14],[16] | 1% | [5],[10],[24],[25],[26],[30] | 8.50% | [4],[9],[12],[14],[16] | 8.50% | [4],[9],[12],[14],[16] | 1% | [5],[10],[24],[25],[26],[30] | 1% | [5],[10],[24],[25],[26],[30] | ||
Interest, PIK | [4],[9],[12],[14],[16] | 7.50% | [5],[10],[24],[25],[26],[30] | [4],[9],[12],[14],[16] | [4],[9],[12],[14],[16] | 7.50% | [5],[10],[24],[25],[26],[30] | 7.50% | [5],[10],[24],[25],[26],[30] | |||||
Interest rate | 12.17% | [4],[9],[12],[14],[16] | 9.50% | [5],[10],[24],[25],[26],[30] | 12.17% | [4],[9],[12],[14],[16] | 12.17% | [4],[9],[12],[14],[16] | 9.50% | [5],[10],[24],[25],[26],[30] | 9.50% | [5],[10],[24],[25],[26],[30] | ||
Par/principal amount | $ 43,520 | [4],[9],[12],[14],[16],[17] | $ 36,711 | [5],[10],[24],[25],[26],[27],[30] | ||||||||||
Amortized cost | 41,874 | [4],[9],[12],[14],[16],[18] | 35,859 | [5],[10],[24],[25],[26],[28],[30] | ||||||||||
Investments, at fair value | $ 39,132 | [1],[4],[9],[12],[14],[16] | $ 27,555 | [5],[7],[10],[24],[25],[26],[30] | ||||||||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | [4],[9],[13],[14],[16] | 6% | [5],[10],[23],[25],[26] | 6% | [4],[9],[13],[14],[16] | 6% | [4],[9],[13],[14],[16] | 6% | [5],[10],[23],[25],[26] | 6% | [5],[10],[23],[25],[26] | ||
Interest, PIK | [4],[9],[13],[14],[16] | [5],[10],[23],[25],[26] | [4],[9],[13],[14],[16] | [4],[9],[13],[14],[16] | [5],[10],[23],[25],[26] | [5],[10],[23],[25],[26] | ||||||||
Interest rate | 8.34% | [4],[9],[13],[14],[16] | 7% | [5],[10],[23],[25],[26] | 8.34% | [4],[9],[13],[14],[16] | 8.34% | [4],[9],[13],[14],[16] | 7% | [5],[10],[23],[25],[26] | 7% | [5],[10],[23],[25],[26] | ||
Par/principal amount | $ 2,731 | [4],[9],[13],[14],[16],[17] | $ 2,731 | [5],[10],[23],[25],[26],[27] | ||||||||||
Amortized cost | 2,603 | [4],[9],[13],[14],[16],[18] | 2,603 | [5],[10],[23],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 2,731 | [1],[4],[9],[13],[14],[16] | $ 2,731 | [5],[7],[10],[23],[25],[26] | ||||||||||
Investment, Identifier [Axis]: First Lien, Dwyer Instruments, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 2,463 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 2,383 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 2,452 | ||||||||||||
Investment, Identifier [Axis]: First Lien, EPS Nass Parent, Inc., Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 887 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 869 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 878 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ellkay, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 14,249 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 13,943 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 13,923 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Emergency Communications Network, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 2.625% | 2.625% | 2.625% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | 5.125% | 5.125% | 5.125% | ||||||||||
Interest rate | [5],[24],[25],[26] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 25,261 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 25,201 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 21,814 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ethos Veterinary Health LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 4.85% | 4.85% | 4.85% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 2,586 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 2,569 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 2,586 | ||||||||||||
Investment, Identifier [Axis]: First Lien, EvolveIP, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 5,468 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 5,461 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 5,436 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Frontline Technologies Holdings, LLC, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 3,068 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 3,056 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 3,068 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Greenhouse Software, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 15,196 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 14,858 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 14,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Harbour Benefit Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 9,451 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 9,377 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 9,336 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Heartland Home Services, Inc, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 7,314 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 7,169 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 7,371 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Hercules Borrower LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 18,453 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 17,987 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 18,865 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Higginbotham Insurance Agency, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 4,978 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 4,916 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 4,978 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Hoosier Intermediate, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 16,479 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 16,108 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 16,101 | ||||||||||||
Investment, Identifier [Axis]: First Lien, IQN First Lien Debt, Integrity Marketing Acquisition, LLC - Diversified Financial ServicesCorp.^, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 430 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 425 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 409 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Individual FoodService Holdings, LLC, Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 8,129 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 7,958 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,143 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Infront Luxembourg Finance S.À R.L. (Luxembourg), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | € | [2],[5],[25],[26],[27] | € 8,250 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | $ 9,777 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 9,134 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 4,920 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 4,864 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 4,896 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 0 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | (75) | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ (51) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Jeg's Automotive, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 30,000 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 29,203 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 29,200 | ||||||||||||
Investment, Identifier [Axis]: First Lien, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 3,364 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 3,305 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 3,357 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Kaseya, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | 1% | 1% | 1% | ||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 18,972 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 18,716 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 18,848 | ||||||||||||
Investment, Identifier [Axis]: First Lien, LVF Holdings, Inc., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 41,227 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 40,356 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 40,056 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Lifelong Learner Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 26,210 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 25,830 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 24,035 | ||||||||||||
Investment, Identifier [Axis]: First Lien, LinQuest Corporation, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 9,975 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 9,785 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 9,816 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Liqui-Box Holdings, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 1,490 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 1,475 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 1,229 | ||||||||||||
Investment, Identifier [Axis]: First Lien, MMIT Holdings, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 11,087 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 10,858 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 10,853 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Material Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 6,906 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 6,741 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 6,800 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Maverick Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 35,962 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 35,192 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 35,061 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Medical Manufacturing Technologies, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 21,280 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 20,654 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 20,652 | ||||||||||||
Investment, Identifier [Axis]: First Lien, NES Global Talent Finance US, LLC (United Kingdom), Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 9,688 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 9,634 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 9,424 | ||||||||||||
Investment, Identifier [Axis]: First Lien, NMI AcquisitionCo, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 40,335 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 40,206 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 39,822 | ||||||||||||
Investment, Identifier [Axis]: First Lien, National Technical Systems, Inc, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 1,167 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 1,151 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 1,167 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PF Atlantic Holdco 2, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,723 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,941 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 26,923 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PF Growth Partners, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 8,039 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 7,962 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 7,922 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PPT Management Holdings, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[25],[26] | 2% | 2% | 2% | ||||||||||
Interest rate | [5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 28,366 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 28,326 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 24,166 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Performance Health Holdings, Inc, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 7,182 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 7,048 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 7,083 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Product Quest Manufacturing, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[30] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[25],[26],[30] | |||||||||||||
Interest rate | [5],[25],[26],[30] | 10% | 10% | 10% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[30] | $ 840 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[30] | 840 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[30] | $ 840 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Prophix Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [2],[5],[23],[25],[26],[27] | $ 10,963 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | 10,735 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 11,093 | ||||||||||||
Investment, Identifier [Axis]: First Lien, QW Holding Corporation, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 42,671 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 42,530 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 41,933 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 14,625 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 14,333 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 14,418 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 8,882 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 8,662 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,727 | ||||||||||||
Investment, Identifier [Axis]: First Lien, RSC Acquisition, Inc., Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 8,533 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 8,395 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 8,577 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Redwood Services Group, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 30,885 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 30,562 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 30,884 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Regency Entertainment, Inc., Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.75% | 7.75% | 7.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 20,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 19,700 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 19,666 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Riveron Acquisition Holdings, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 11,401 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 11,262 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 11,401 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SPay, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 2.30% | 2.30% | 2.30% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | 6.95% | 6.95% | 6.95% | ||||||||||
Interest rate | [5],[23],[24],[25],[26] | 10.25% | 10.25% | 10.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 23,005 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 22,809 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 20,218 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Sapphire Convention, Inc., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 29,906 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 29,530 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 25,528 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A1 Term Loan), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[25],[26],[30] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [5],[11],[25],[26],[30] | 100% | 100% | 100% | ||||||||||
Interest rate | [5],[11],[25],[26],[30] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[11],[25],[26],[30] | $ 3,166 | ||||||||||||
Amortized cost | [5],[11],[25],[26],[28],[30] | 3,166 | ||||||||||||
Investments, at fair value | [5],[7],[11],[25],[26],[30] | $ 2,850 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A2 Term Loan), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[25],[26],[30] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [5],[11],[25],[26],[30] | 100% | 100% | 100% | ||||||||||
Interest rate | [5],[11],[25],[26],[30] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[11],[25],[26],[30] | $ 8,707 | ||||||||||||
Amortized cost | [5],[11],[25],[26],[28],[30] | 8,707 | ||||||||||||
Investments, at fair value | [5],[7],[11],[25],[26],[30] | $ 7,835 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (Priority Facilities), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[23],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[11],[23],[25],[26] | |||||||||||||
Interest rate | [5],[11],[23],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[11],[23],[25],[26] | $ 2,251 | ||||||||||||
Amortized cost | [5],[11],[23],[25],[26],[28] | 2,240 | ||||||||||||
Investments, at fair value | [5],[7],[11],[23],[25],[26] | $ 2,251 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Speedstar Holding, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,225 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,686 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 27,535 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Superior Health Linens, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 16,211 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 16,205 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 16,211 | ||||||||||||
Investment, Identifier [Axis]: First Lien, TCFI Aevex LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 11,168 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,979 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 9,276 | ||||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan B, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[5],[25],[26] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[5],[25],[26],[27] | £ 21,299 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | $ 26,328 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 28,830 | ||||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan C, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[5],[23],[25],[26] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[5],[23],[25],[26],[27] | £ 6,164 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ 7,855 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 9,847 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Trafigura Trading LLC, Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26],[31] | 8.40% | 8.40% | 8.40% | ||||||||||
Interest, PIK | [5],[23],[25],[26],[31] | |||||||||||||
Interest rate | [5],[23],[25],[26],[31] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27],[31] | $ 2,236 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28],[31] | 2,237 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26],[31] | $ 2,086 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 20,377 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 20,002 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 19,945 | ||||||||||||
Investment, Identifier [Axis]: First Lien, US INFRA SVCS Buyer, LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 9,137 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 8,677 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,387 | ||||||||||||
Investment, Identifier [Axis]: First Lien, USALCO, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 1,000 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 981 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 981 | ||||||||||||
Investment, Identifier [Axis]: First Lien, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 15,279 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 15,101 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 15,098 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [2],[5],[16] | 1% | 1% | 1% | ||||||||||
Interest rate | [2],[5],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [2],[5],[27] | € 4,621 | ||||||||||||
Amortized cost | [2],[5],[28] | $ 4,917 | ||||||||||||
Investments, at fair value | [2],[5],[7] | $ 5,353 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[16] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [2],[5],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[5],[16] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [2],[5],[27] | € 756 | ||||||||||||
Amortized cost | [2],[5],[28] | $ 858 | ||||||||||||
Investments, at fair value | [2],[5],[7] | $ 887 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 21,477 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 21,313 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 21,277 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 4,958 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 4,865 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 4,929 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Wineshipping.com LLC, Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 14,459 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 14,111 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 14,111 | ||||||||||||
Investment, Identifier [Axis]: First Lien, YLG Holdings, Inc., Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,980 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,930 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,980 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Yellowstone Buyer Acquisition, LLC, Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 449 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 440 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 440 | ||||||||||||
Investment, Identifier [Axis]: First Lien, iCIMS, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,671 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,652 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,670 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [4],[8],[16],[32] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [4],[8],[17],[32] | $ 78,122 | ||||||||||||
Amortized cost | [4],[8],[32] | 78,096 | ||||||||||||
Investments, at fair value | [1],[4],[8],[32] | $ 74,997 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [2],[5],[11],[26] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [2],[5],[11] | $ 78,122 | ||||||||||||
Amortized cost | [2],[5],[11] | 78,096 | ||||||||||||
Investments, at fair value | [2],[5],[11] | $ 77,958 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, LLC, Subordinated Loan and Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | 0% | [4],[8],[16],[32] | 0% | [2],[5],[11],[26] | 0% | [4],[8],[16],[32] | 0% | [4],[8],[16],[32] | 0% | [2],[5],[11],[26] | 0% | [2],[5],[11],[26] | ||
Par/principal amount | $ 193,000 | [4],[8],[17],[32] | $ 193,000 | [2],[5],[11] | ||||||||||
Amortized cost | 193,001 | [4],[8],[32] | 193,000 | [2],[5],[11] | ||||||||||
Investments, at fair value | $ 189,603 | [1],[4],[8],[32] | $ 184,141 | [2],[5],[11] | ||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, Mezzanine Loan, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9% | [8],[14],[16],[22],[32] | 9% | [2],[5],[11],[26],[33] | 9% | [8],[14],[16],[22],[32] | 9% | [8],[14],[16],[22],[32] | 9% | [2],[5],[11],[26],[33] | 9% | [2],[5],[11],[26],[33] | ||
Interest, PIK | [2],[5],[11],[26],[33] | 1% | 1% | 1% | ||||||||||
Interest rate | 12.14% | [8],[14],[16],[22],[32] | 9.21% | [2],[5],[11],[26],[33] | 12.14% | [8],[14],[16],[22],[32] | 12.14% | [8],[14],[16],[22],[32] | 9.21% | [2],[5],[11],[26],[33] | 9.21% | [2],[5],[11],[26],[33] | ||
Par/principal amount | $ 0 | [8],[14],[16],[17],[22],[32] | $ 0 | [2],[5],[11],[26],[33] | ||||||||||
Amortized cost | 0 | [8],[14],[16],[22],[32] | 0 | [2],[5],[11],[26],[33] | ||||||||||
Investments, at fair value | 0 | [1],[8],[14],[16],[22],[32] | 0 | [2],[5],[11],[26],[33] | ||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund II LLC, Member's Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 74,997 | 77,958 | 77,395 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 189,603 | 184,141 | 205,891 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, 11852604 Canada Inc. (Canada), Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9.50% | [4],[8],[14],[16] | 9.50% | [2],[5],[25],[26] | 9.50% | [4],[8],[14],[16] | 9.50% | [4],[8],[14],[16] | 9.50% | [2],[5],[25],[26] | 9.50% | [2],[5],[25],[26] | ||
Interest, PIK | 100% | [4],[8],[14],[16] | 100% | [2],[5],[25],[26] | 100% | [4],[8],[14],[16] | 100% | [4],[8],[14],[16] | 100% | [2],[5],[25],[26] | 100% | [2],[5],[25],[26] | ||
Interest rate | 13.17% | [4],[8],[14],[16] | 10.50% | [2],[5],[25],[26] | 13.17% | [4],[8],[14],[16] | 13.17% | [4],[8],[14],[16] | 10.50% | [2],[5],[25],[26] | 10.50% | [2],[5],[25],[26] | ||
Par/principal amount | $ 7,343 | [4],[8],[14],[16],[17] | $ 6,590 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | 7,201 | [4],[8],[14],[16],[18] | 6,432 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 7,141 | [1],[4],[8],[14],[16] | $ 6,425 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AI Convoy S.A.R.L (United Kingdom), Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | [4],[8],[14],[16] | 8.25% | [2],[5],[25],[26] | 8.25% | [4],[8],[14],[16] | 8.25% | [4],[8],[14],[16] | 8.25% | [2],[5],[25],[26] | 8.25% | [2],[5],[25],[26] | ||
Interest, PIK | [4],[8],[14],[16] | [2],[5],[25],[26] | [4],[8],[14],[16] | [4],[8],[14],[16] | [2],[5],[25],[26] | [2],[5],[25],[26] | ||||||||
Interest rate | 9.80% | [4],[8],[14],[16] | 9.25% | [2],[5],[25],[26] | 9.80% | [4],[8],[14],[16] | 9.80% | [4],[8],[14],[16] | 9.25% | [2],[5],[25],[26] | 9.25% | [2],[5],[25],[26] | ||
Par/principal amount | $ 24,814 | [4],[8],[14],[16],[17] | $ 24,814 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | 24,402 | [4],[8],[14],[16],[18] | 24,359 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 25,806 | [1],[4],[8],[14],[16] | $ 25,744 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AP Plastics Acquisition Holdings, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [4],[14],[16] | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [5],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 10.49% | [4],[14],[16] | 8.25% | [5],[25],[26] | 10.49% | [4],[14],[16] | 10.49% | [4],[14],[16] | 8.25% | [5],[25],[26] | 8.25% | [5],[25],[26] | ||
Par/principal amount | $ 33,680 | [4],[14],[16],[17] | $ 33,680 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 32,851 | [4],[14],[16],[18] | 32,786 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 32,974 | [1],[4],[14],[16] | $ 33,868 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AQA Acquisition Holdings, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.57% | [4],[12],[14],[16] | 8% | [5],[24],[25],[26] | 10.57% | [4],[12],[14],[16] | 10.57% | [4],[12],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [5],[24],[25],[26] | ||
Par/principal amount | $ 35,000 | [4],[12],[14],[16],[17] | $ 35,000 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 34,250 | [4],[12],[14],[16],[18] | 34,190 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 33,902 | [1],[4],[12],[14],[16] | $ 35,027 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Aimbridge Acquisition Co., Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [4],[14],[16] | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [5],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 10.06% | [4],[14],[16] | 7.60% | [5],[25],[26] | 10.06% | [4],[14],[16] | 10.06% | [4],[14],[16] | 7.60% | [5],[25],[26] | 7.60% | [5],[25],[26] | ||
Par/principal amount | $ 9,241 | [4],[14],[16],[17] | $ 9,241 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 9,138 | [4],[14],[16],[18] | 9,123 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 8,105 | [1],[4],[14],[16] | $ 8,606 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Blackbird Purchaser, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[13],[14],[16] | 7.50% | [5],[23],[25],[26] | 7.50% | [4],[13],[14],[16] | 7.50% | [4],[13],[14],[16] | 7.50% | [5],[23],[25],[26] | 7.50% | [5],[23],[25],[26] | ||
Interest, PIK | [4],[13],[14],[16] | [5],[23],[25],[26] | [4],[13],[14],[16] | [4],[13],[14],[16] | [5],[23],[25],[26] | [5],[23],[25],[26] | ||||||||
Interest rate | 10.62% | [4],[13],[14],[16] | 8.25% | [5],[23],[25],[26] | 10.62% | [4],[13],[14],[16] | 10.62% | [4],[13],[14],[16] | 8.25% | [5],[23],[25],[26] | 8.25% | [5],[23],[25],[26] | ||
Par/principal amount | $ 13,791 | [4],[13],[14],[16],[17] | $ 13,790 | [5],[23],[25],[26],[27] | ||||||||||
Amortized cost | 13,470 | [4],[13],[14],[16],[18] | 13,423 | [5],[23],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 13,108 | [1],[4],[13],[14],[16] | $ 13,423 | [5],[7],[23],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Brave Parent Holdings, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.62% | [4],[12],[14],[16] | 7.60% | [5],[24],[25],[26] | 10.62% | [4],[12],[14],[16] | 10.62% | [4],[12],[14],[16] | 7.60% | [5],[24],[25],[26] | 7.60% | [5],[24],[25],[26] | ||
Par/principal amount | $ 18,197 | [4],[12],[14],[16],[17] | $ 18,197 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 17,958 | [4],[12],[14],[16],[18] | 17,916 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 17,704 | [1],[4],[12],[14],[16] | $ 18,197 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc, Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 11.37% | 11.37% | 11.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 18,600 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 18,266 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 18,693 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 18,600 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 18,212 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 18,786 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Jazz Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [4],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [4],[14],[16] | 8% | [4],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[24],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 11.12% | [4],[14],[16] | 8.10% | [5],[24],[25],[26] | 11.12% | [4],[14],[16] | 11.12% | [4],[14],[16] | 8.10% | [5],[24],[25],[26] | 8.10% | [5],[24],[25],[26] | ||
Par/principal amount | $ 23,450 | [4],[14],[16],[17] | $ 23,450 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 23,217 | [4],[14],[16],[18] | 23,188 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 21,544 | [1],[4],[14],[16] | $ 20,828 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Outcomes Group Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 11.17% | [4],[12],[14],[16] | 7.85% | [5],[24],[25],[26] | 11.17% | [4],[12],[14],[16] | 11.17% | [4],[12],[14],[16] | 7.85% | [5],[24],[25],[26] | 7.85% | [5],[24],[25],[26] | ||
Par/principal amount | $ 1,731 | [4],[12],[14],[16],[17] | $ 1,731 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 1,728 | [4],[12],[14],[16],[18] | 1,728 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 1,731 | [1],[4],[12],[14],[16] | $ 1,731 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, PAI Holdco, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | [4],[14],[16] | 5.50% | [5],[25],[26] | 5.50% | [4],[14],[16] | 5.50% | [4],[14],[16] | 5.50% | [5],[25],[26] | 5.50% | [5],[25],[26] | ||
Interest, PIK | 2% | [4],[14],[16] | 2% | [5],[25],[26] | 2% | [4],[14],[16] | 2% | [4],[14],[16] | 2% | [5],[25],[26] | 2% | [5],[25],[26] | ||
Interest rate | 10.31% | [4],[14],[16] | 8.50% | [5],[25],[26] | 10.31% | [4],[14],[16] | 10.31% | [4],[14],[16] | 8.50% | [5],[25],[26] | 8.50% | [5],[25],[26] | ||
Par/principal amount | $ 14,016 | [4],[14],[16],[17] | $ 13,806 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 13,688 | [4],[14],[16],[18] | 13,446 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 13,889 | [1],[4],[14],[16] | $ 13,806 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Peraton Corp., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.75% | [4],[12],[14],[16] | 7.75% | [5],[24],[25],[26] | 7.75% | [4],[12],[14],[16] | 7.75% | [4],[12],[14],[16] | 7.75% | [5],[24],[25],[26] | 7.75% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.57% | [4],[12],[14],[16] | 8.50% | [5],[24],[25],[26] | 10.57% | [4],[12],[14],[16] | 10.57% | [4],[12],[14],[16] | 8.50% | [5],[24],[25],[26] | 8.50% | [5],[24],[25],[26] | ||
Par/principal amount | $ 11,941 | [4],[12],[14],[16],[17] | $ 12,300 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 11,785 | [4],[12],[14],[16],[18] | 12,126 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 11,394 | [1],[4],[12],[14],[16] | $ 12,345 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Quartz Holding Company, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [4],[12],[14],[16] | 8% | [5],[25],[26] | 8% | [4],[12],[14],[16] | 8% | [4],[12],[14],[16] | 8% | [5],[25],[26] | 8% | [5],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 11.12% | [4],[12],[14],[16] | 8.10% | [5],[25],[26] | 11.12% | [4],[12],[14],[16] | 11.12% | [4],[12],[14],[16] | 8.10% | [5],[25],[26] | 8.10% | [5],[25],[26] | ||
Par/principal amount | $ 7,048 | [4],[12],[14],[16],[17] | $ 7,048 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 6,949 | [4],[12],[14],[16],[18] | 6,945 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 7,003 | [1],[4],[12],[14],[16] | $ 7,048 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Stonegate Pub Company Bidco Limited (United Kingdom), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [4],[8],[14],[16] | 8.50% | [2],[5],[25],[26] | 8.50% | [4],[8],[14],[16] | 8.50% | [4],[8],[14],[16] | 8.50% | [2],[5],[25],[26] | 8.50% | [2],[5],[25],[26] | ||
Interest, PIK | [4],[8],[14],[16] | [2],[5],[25],[26] | [4],[8],[14],[16] | [4],[8],[14],[16] | [2],[5],[25],[26] | [2],[5],[25],[26] | ||||||||
Interest rate | 9.44% | [4],[8],[14],[16] | 8.60% | [2],[5],[25],[26] | 9.44% | [4],[8],[14],[16] | 9.44% | [4],[8],[14],[16] | 8.60% | [2],[5],[25],[26] | 8.60% | [2],[5],[25],[26] | ||
Par/principal amount | £ | £ 20,000 | [4],[8],[14],[16],[17] | £ 20,000 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | $ 24,830 | [4],[8],[14],[16],[18] | $ 24,787 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 20,377 | [1],[4],[8],[14],[16] | $ 22,263 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 35,965 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 35,600 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 36,325 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Service | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 13,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 12,769 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 13,260 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 11.62% | 11.62% | 11.62% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 13,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 12,785 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | 12,117 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, WP CPP Holdings, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 7.75% | 7.75% | 7.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 29,500 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 29,293 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 28,689 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Watchfire Enterprises, Inc., Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 7,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 7,000 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 7,000 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, World 50, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[16],[33] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [5],[16],[33] | |||||||||||||
Interest rate | [5],[16],[33] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [5],[27],[33] | $ 18,552 | ||||||||||||
Amortized cost | [5],[28],[33] | 18,215 | ||||||||||||
Investments, at fair value | [5],[7],[33] | 18,405 | ||||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A1 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 2,850 | 1,214 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A2 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 7,835 | 3,338 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (Priority Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 2,251 | 2,460 | |||||||||||
Investment, Identifier [Axis]: Solaero Technology Corp. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | $ 0 | $ 0 | $ 0 | |||||||||||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[3]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of September 30, 2022, the aggregate fair value of these securities is $92,552, or 9.89% of the Company’s net assets.[4]^ Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[5]Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[6]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act, unless otherwise noted. As of December 31, 2021, the aggregate fair value of these securities is $77,093, or 8.13% of the Company’s net assets.[7]Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment fund was determined using significant unobservable inputs.[8]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[9]Under the Investment Company Act, the Company is deemed an “affiliated person” of this portfolio company because the Company owns 5% or more of the portfolio company's outstanding voting securities. Transactions related to the portfolio company during the nine month period ended September 30, 2022 were as follows: Investments—non-controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Direct Travel, Inc. $ 27,555 $ 7,193 $ (1,177) $ — $ 5,561 $ 39,132 $ 8,059 Direct Travel, Inc. 2,731 — — — — 2,731 100 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 30,286 $ 7,193 $ (1,177) $ — $ 5,561 $ 41,863 $ 8,159 Investments—non-controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Direct Travel, Inc. $ 24,949 $ — $ (484) $ 3 $ 3,087 $ 27,555 $ — Direct Travel, Inc. 1,231 1,372 — — 128 2,731 173 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 26,180 $ 1,372 $ (484) $ 3 $ 3,215 $ 30,286 $ 173 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Middle Market Credit Fund, LLC, Mezzanine Loan $ — $ — $ — $ — $ — $ — $ — Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest 205,891 — (23,000) — 1,250 184,141 20,000 Middle Market Credit Fund II, LLC, Member’s Interest 77,395 — — — 563 77,958 10,063 Total investments—controlled/affiliated $ 283,286 $ — $ (23,000) $ — $ 1,813 $ 262,099 $ 30,063 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) 2,460 — (189) — (20) 2,251 185 SolAero Technologies Corp. (A1 Term Loan) 1,214 — — — 1,636 2,850 — SolAero Technologies Corp. (A2 Term Loan) 3,338 — — — 4,497 7,835 — Solaero Technology Corp. (Equity) — — — — — — — Total investments—controlled/affiliated $ 7,012 $ — $ (189) $ — $ 6,113 $ 12,936 $ 185 Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments ADPD Holdings, LLC Delayed Draw —% $ 1,083 $ (22) ADPD Holdings, LLC Revolver 0.50 621 (12) ADPD Holdings, LLC Delayed Draw — 299 (6) ADPD Holdings, LLC Delayed Draw — 1,951 (39) Advanced Web Technologies Holding Company Revolver 0.50 854 (9) Advanced Web Technologies Holding Company Delayed Draw 1.00 1,602 (17) Airnov, Inc. Revolver 0.50 688 (3) Alpine Acquisition Corp II Revolver 0.50 1,034 (37) American Physician Partners, LLC Revolver 0.50 550 (2) Analogic Corporation Revolver 0.50 29 (1) Applied Technical Services, LLC Revolver 0.50 42 — Appriss Health, LLC Revolver 0.50 2,963 (69) Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,113 (19) Associations, Inc. Revolver 0.50 723 (17) Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (171) BlueCat Networks (USA) Inc. Delayed Draw 0.50 240 (5) BlueCat Networks (USA) Inc. Delayed Draw 0.50 446 (9) BMS Holdings III Corp. Delayed Draw 2.65 9,688 (137) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 855 (4) Bubbles Bidco S.P.A. (Italy) Revolver — 526 (3) Chartis Holding, LLC Revolver 0.50 217 (1) Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Comar Holding Company, LLC Revolver 0.50 2,935 (127) Cority Software Inc. (Canada) Revolver 0.50 3,000 (26) DCA Investment Holding LLC Delayed Draw 1.00 618 (22) Denali Midco 2, LLC Delayed Draw 1.00 2,857 (86) Diligent Corporation Revolver 0.50 23 (1) Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc. Revolver 0.50 994 (14) Dwyer Instruments, Inc. Delayed Draw 1.00 161 (2) Eliassen Group, LLC Delayed Draw 1.00 3,310 (42) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Ellkay, LLC Revolver 0.50% $ 1,786 $ (110) EPS Nass Parent, Inc. Revolver 0.50 40 (1) EPS Nass Parent, Inc. Delayed Draw 1.00 37 (1) EvolveIP, LLC Revolver 0.50 655 (10) Excel Fitness Holdings, Inc. Revolver 0.50 828 (29) Excelitas Technologies Corp. Revolver 0.50 217 (4) Excelitas Technologies Corp. Delayed Draw — 152 (3) FPG Intermediate Holdco, LLC Delayed Draw 1.00 3,973 (79) Greenhouse Software, Inc. Revolver 0.50 1,471 (41) Greenhouse Software, Inc. Revolver 0.50 733 (21) Hadrian Acquisition Limited (United Kingdom) Delayed Draw 2.33 2,589 (57) Harbour Benefit Holdings, Inc. Revolver 0.50 3,180 (11) Heartland Home Services, Inc Delayed Draw 0.75 8,098 (130) Heartland Home Services, Inc Revolver 0.50 619 (5) Hercules Borrower LLC Revolver 0.50 1,929 (45) Hoosier Intermediate, LLC Revolver 0.50 1,600 (81) HS Spa Holdings Inc. Revolver 0.50 1,235 (35) iCIMS, Inc. Revolver 0.50 2,432 (43) iCIMS, Inc. Delayed Draw — 6,784 (119) Individual FoodService Holdings, LLC Revolver 0.50 739 (8) Individual FoodService Holdings, LLC Delayed Draw 1.00 3,290 (36) IQN Holding Corp. Delayed Draw 1.00 753 (5) IQN Holding Corp. Revolver 0.50 489 (3) Jeg's Automotive, LLC Revolver 0.50 677 (22) Jeg's Automotive, LLC Delayed Draw 1.00 4,167 (134) K2 Insurance Services, LLC Revolver 0.50 1,120 (4) Kaseya, Inc. Revolver 0.50 2,054 (46) Kaseya, Inc. Delayed Draw 0.50 1,146 (25) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 544 (35) LVF Holdings, Inc. Revolver 0.50 759 (50) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (306) Material Holdings, LLC Delayed Draw — 977 (44) Material Holdings, LLC Revolver 1.00 499 (23) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (503) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (139) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,446 $ (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 7,107 (140) MMIT Holdings, LLC Revolver 0.50 808 (3) NEFCO Holding Company LLC Delayed Draw 1.00 380 (8) NEFCO Holding Company LLC Delayed Draw 1.00 553 (11) NEFCO Holding Company LLC Revolver 0.50 763 (15) NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (30) North Haven Fairway Buyer, LLC Delayed Draw 0.50 432 (9) North Haven Fairway Buyer, LLC Revolver 0.50 2,404 (49) Oak Purchaser, Inc. Delayed Draw 0.50 1,623 (8) Oak Purchaser, Inc. Revolver 0.50 584 (3) PF Atlantic Holdco 2, LLC Delayed Draw 0.75 9,517 (165) PF Atlantic Holdco 2, LLC Revolver 0.50 2,759 (48) PPT Management Holdings, LLC Revolver 0.50 587 — Prophix Software Inc. (Canada) Revolver 0.50 1,993 8 PXO Holdings I Corp. Delayed Draw 1.00 885 (28) PXO Holdings I Corp. Revolver 0.50 1,315 (42) Quantic Electronics, LLC Revolver 0.50 829 (31) Quantic Electronics, LLC Delayed Draw 1.00 2,126 (78) RSC Acquisition, Inc. Revolver 0.50 462 (20) RSC Acquisition, Inc. Delayed Draw 0.50 1,083 (46) Sapphire Convention, Inc. Revolver 0.50 3,849 (206) Smarsh Inc. Revolver 0.50 408 (20) Smarsh Inc. Delayed Draw 1.00 1,633 (80) Spotless Brands, LLC Revolver 0.50 303 (9) Spotless Brands, LLC Delayed Draw 1.00 2,214 (64) Spotless Brands, LLC Delayed Draw 1.00 944 (27) Tank Holding Corp. Revolver 0.38 1,655 (53) TCFI Aevex LLC Delayed Draw 1.00 214 (36) TCFI Aevex LLC Delayed Draw 1.00 1,835 (305) The Carlstar Group LLC Revolver 0.50 3,657 (72) Trafigura Trading LLC Revolver 0.50 3,127 (23) Tufin Software North America, Inc. Revolver 0.50 1,339 (27) Tufin Software North America, Inc. Delayed Draw — 304 (6) Turbo Buyer, Inc. Delayed Draw 1.00 4,681 (93) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value U.S. Legal Support, Inc. Delayed Draw 0.50% $ 2,032 $ (34) U.S. Legal Support, Inc. Revolver 0.50 1,061 (18) Wineshipping.com LLC Delayed Draw 1.00 1,609 (79) Wineshipping.com LLC Revolver 0.50 1,589 (78) Total unfunded commitments $ 185,945 $ (5,119) As of September 30, 2022, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,380,925 $ 1,328,594 68.2 % Second Lien Debt 270,772 263,211 13.5 Equity Investments 89,393 92,552 4.7 Investment Funds 271,097 264,600 13.6 Total $ 2,012,187 $ 1,948,957 100.0 % The rate type of debt investments at fair value as of September 30, 2022 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,627,527 $ 1,568,730 98.6 % Fixed Rate 24,170 23,075 1.4 Total $ 1,651,697 $ 1,591,805 100.0 % The industry composition of investments at fair value as of September 30, 2022 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 139,565 $ 131,981 6.8 % Automotive 75,568 77,159 4.0 Beverage & Food 77,073 69,532 3.6 Business Services 94,844 94,021 4.8 Capital Equipment 79,259 80,817 4.1 Chemicals, Plastics & Rubber 77,422 76,931 4.0 Construction & Building 18,513 18,310 0.9 Consumer Goods: Durable 438 427 — Consumer Goods: Non-Durable 5,315 4,360 0.2 Consumer Services 108,064 106,868 5.5 Containers, Packaging & Glass 54,054 52,132 2.8 Diversified Financial Services 55,567 52,539 2.7 Energy: Oil & Gas 43,359 43,410 2.2 Environmental Industries 59,399 58,471 3.0 Healthcare & Pharmaceuticals 246,987 230,007 11.8 High Tech Industries 147,357 144,525 7.4 Investment Funds 271,097 264,600 13.6 Leisure Products & Services 114,526 106,387 5.5 Media: Advertising, Printing & Publishing 318 181 — Media: Diversified & Production 19,747 19,746 1.0 Metals & Mining 6,765 6,796 0.3 Industry Amortized Cost Fair Value % of Fair Value Retail $ 31,678 $ 31,616 1.6 % Software 180,501 179,027 9.2 Sovereign & Public Finance 182 626 — Telecommunications 72,014 66,223 3.4 Transportation: Cargo 19,668 19,292 1.0 Utilities: Electric 898 888 — Wholesale 12,009 12,085 0.6 $ 2,012,187 $ 1,948,957 100.0 % The geographical composition of investments at fair value as of September 30, 2022 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 35,895 $ 36,502 1.9 % Cyprus 6,567 6,137 0.2 Italy 5,315 4,360 0.2 Luxembourg 41,499 38,243 2.0 Sweden 1,168 142 — United Kingdom 81,526 75,105 3.9 United States 1,840,217 1,788,468 91.8 Total $ 2,012,187 $ 1,948,957 100.0 % Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments Advanced Web Technologies Holding Company Delayed Draw 1.00% $ 2,723 $ 27 Advanced Web Technologies Holding Company Delayed Draw 1.00 1,051 11 Advanced Web Technologies Holding Company Revolver 0.50 906 9 Airnov, Inc. Revolver 0.50 875 — American Physician Partners, LLC Revolver 0.50 550 — Analogic Corporation Revolver 0.50 72 (1) Applied Technical Services, LLC Revolver 0.50 40 — Appriss Health, LLC Revolver 0.50 2,963 3 Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,070 (17) Associations, Inc. Revolver 0.50 723 2 Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (92) BMS Holdings III Corp. Delayed Draw 1.00 9,688 (149) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 € 873 (30) Bubbles Bidco S.P.A. (Italy) Delayed Draw — € 537 (9) Captive Resources Midco, LLC Revolver 0.50 2,143 (12) Chartis Holding, LLC Revolver 0.50 217 — Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Chudy Group, LLC Delayed Draw 1.00 138 2 Chudy Group, LLC Revolver 0.50 34 1 Comar Holding Company, LLC Revolver 0.50 2,935 (59) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Cority Software Inc. (Canada) Revolver 0.50% $ 3,000 $ (1) DCA Investment Holding, LLC Delayed Draw 1.00 1,495 (8) DermaRite Industries, LLC Revolver 0.50 579 (103) Diligent Corporation Delayed Draw 1.00 110 2 Diligent Corporation Revolver 0.50 47 1 Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc Delayed Draw 1.00 1,003 (3) Dwyer Instruments, Inc Revolver 0.50 411 (1) Ellkay, LLC Revolver 0.50 1,786 (36) EPS Nass Parent, Inc. Delayed Draw 1.00 85 (1) EPS Nass Parent, Inc. Revolver 0.50 25 — EvolveIP, LLC Revolver 0.50 798 (4) Greenhouse Software, Inc. Revolver 0.50 1,471 (29) Harbour Benefit Holdings, Inc. Revolver 0.50 2,120 (21) Heartland Home Services, Inc Delayed Draw 1.00 6,902 27 Heartland Home Services, Inc Revolver 0.50 598 2 Hercules Borrower LLC Revolver 0.50 2,160 43 Hoosier Intermediate, LLC Revolver 0.50 2,400 (48) Individual FoodService Holdings, LLC Delayed Draw 1.00 48 — Individual Foodservice Holdings, LLC Delayed Draw 1.00 890 3 Individual FoodService Holdings, LLC Delayed Draw 1.00 188 — Individual FoodService Holdings, LLC Revolver 0.50 706 — Integrity Marketing Acquisition, LLC Delayed Draw — 5,000 (51) Jeg's Automotive, LLC Delayed Draw 1.00 6,667 (133) Jeg's Automotive, LLC Revolver 0.50 3,333 (67) K2 Insurance Services, LLC Revolver 0.50 1,120 (2) Kaseya, Inc. Delayed Draw 1.00 585 (3) Kaseya, Inc. Revolver 0.50 1,543 (9) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 1,140 (113) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (116) LVF Holdings, Inc. Revolver 0.50 1,459 (36) Material Holdings, LLC Delayed Draw — 1,916 (21) Material Holdings, LLC Revolver 1.00 806 (9) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (101) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 8,264 (165) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,859 $ (37) MMIT Holdings, LLC Revolver 0.50 857 (17) National Technical Systems, Inc. Revolver 0.50 835 — NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (16) PF Atlantic HoldCo 2, LLC Delayed Draw 0.75 9,517 (190) PF Atlantic HoldCo 2, LLC Revolver 0.50 2,759 (55) Prophix Software Inc. (Canada) Revolver 0.50 1,993 20 Quantic Electronics, LLC Revolver 0.50 557 (7) Quantic Electronics, LLC Delayed Draw 1.00 3,164 (41) Quantic Electronics, LLC Revolver 0.50 824 (11) RSC Acquisition, Inc. Delayed Draw 0.50 2,435 9 RSC Acquisition, Inc. Revolver 0.50 215 1 Sapphire Convention, Inc. Revolver 0.50 2,561 (345) SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 984 — SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 1,084 — Speedstar Holding, LLC Delayed Draw 1.00 3,775 38 Superior Health Linens, LLC Revolver 0.50 417 — TCFI Aevex LLC Delayed Draw 1.00 1,835 (263) TCFI Aevex LLC Delayed Draw 1.00 214 (31) The Leaders Romans Bidco Limited (United Kingdom) Delayed Draw 1.60 £ 1,902 399 Trafigura Trading LLC Revolver 0.50 7,762 (133) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) US INFRA SVCS Buyer, LLC Delayed Draw 1.00 22,234 (527) US INFRA SVCS Buyer, LLC Revolver 0.50 263 (6) USLS Acquisition, Inc. Revolver 0.50 1,135 (12) Wineshipping.com LLC Delayed Draw 1.00 1,986 (39) Wineshipping.com LLC Revolver 0.50 1,430 (28) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Total unfunded commitments $ 180,498 $ (2,660) As of December 31, 2021, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,271,794 $ 1,232,084 64.4 % Second Lien Debt 341,538 341,776 17.9 Equity Investments 73,125 77,093 4.0 Investment Funds 271,096 262,099 13.7 Total $ 1,957,553 $ 1,913,052 100.0 % The rate type of debt investments at fair value as of December 31, 2021 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,589,342 $ 1,549,215 98.4 % Fixed Rate 23,990 24,645 1.6 Total $ 1,613,332 $ 1,573,860 100.0 % The industry composition of investments at fair value as of December 31, 2021 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 169,068 $ 166,071 8.7 % Automotive 91,155 94,144 4.9 Beverage & Food 91,999 97,377 5.1 Business Services 85,994 83,878 4.4 Capital Equipment 102,065 102,308 5.4 Chemicals, Plastics & Rubber 64,717 66,515 3.5 Construction & Building 59,945 61,055 3.2 Consumer Goods: Durable 11,277 11,450 0.6 Consumer Goods: Non-Durable 440 440 — Consumer Services 5,303 5,158 0.3 Containers, Packaging & Glass 25,155 25,909 1.4 Diversified Financial Services 52,154 52,113 2.7 Energy: Oil & Gas 41,991 42,900 2.2 Environmental Industries 69,194 69,185 3.6 Healthcare & Pharmaceuticals 250,294 229,555 12.0 High Tech Industries 149,185 151,430 7.9 Investment Funds 126,237 113,201 5.9 Leisure Products & Services 271,096 262,099 13.7 Media: Advertising, Printing & Publishing 7,318 7,205 0.4 Media: Diversified & Production 19,700 19,666 1.0 Metals & Mining 2,237 2,086 0.1 Retail 44,644 44,992 2.4 Software 105,958 104,673 5.5 Sovereign & Public Finance 13,623 14,036 0.7 Telecommunications 87,977 76,585 4.0 Utilities: Electric 869 878 — Wholesale 7,958 8,143 0.4 Total $ 1,957,553 $ 1,913,052 100.0 % The geographical composition of investments at fair value as of December 31, 2021 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 46,433 $ 47,543 2.5 % Cyprus 6,389 7,097 0.4 Italy 5,303 5,158 0.3 Luxembourg 41,647 38,403 2.0 United Kingdom 92,963 96,108 5.0 United States 1,764,818 1,718,743 89.8 Total $ 1,957,553 $ 1,913,052 100.0 % The accompanying notes are an integral part of these consolidated financial statements. Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest $ 184,141 $ — $ — $ — $ 5,462 $ 189,603 $ 15,000 Middle Market Credit Fund, Mezzanine Loan — — — — — — — Middle Market Credit Fund II LLC, Member's Interest 77,958 — — — (2,961) 74,997 7,572 Total investments—controlled/affiliated $ 262,099 $ — $ — $ — $ 2,501 $ 264,600 $ 22,572 Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) $ 2,251 $ — $ (2,251) $ — $ — $ — $ 8 SolAero Technologies Corp. (A1 Term Loan) 2,850 — (3,166) — 316 — 1,031 SolAero Technologies Corp. (A2 Term Loan) 7,835 — (8,707) — 872 — 2,834 Solaero Technology Corp. (Equity) — — (4,786) 1,972 2,814 — — Total investments—controlled/affiliated $ 12,936 $ — $ (18,910) $ 1,972 $ 4,002 $ — $ 3,873 |
MIDDLE MARKET CREDIT FUND, LL_6
MIDDLE MARKET CREDIT FUND, LLC - Summary of Unfunded Commitments (Details) £ in Thousands, $ in Thousands | Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2021 GBP (£) |
Schedule of Investments [Line Items] | |||
Unfunded commitments, principal amount | $ 185,945 | $ 180,498 | |
Unfunded commitments, fair value | (5,119) | (2,660) | |
Credit Fund | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, principal amount | 40,810 | 80,383 | |
Unfunded commitments, fair value | $ (1,147) | $ (780) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - ACR Group Borrower, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.38% | 0.38% | 0.38% |
Unfunded commitments, principal amount | $ 4,289 | $ 7,350 | |
Unfunded commitments, fair value | $ (94) | $ 0 | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Analogic Corporation - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 339 | $ 847 | |
Unfunded commitments, fair value | $ (9) | $ (9) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chartis Holding, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 2,183 | $ 2,183 | |
Unfunded commitments, fair value | $ (12) | $ 0 | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chemical Computing Group ULC (Canada) - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 873 | $ 873 | |
Unfunded commitments, fair value | $ (14) | $ (4) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chudy Group, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 5,517 | ||
Unfunded commitments, fair value | $ 88 | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Chudy Group, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,379 | ||
Unfunded commitments, fair value | $ 22 | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Diligent Corporation - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 1% | 1% |
Unfunded commitments, principal amount | $ 351 | $ 1,653 | |
Unfunded commitments, fair value | $ (11) | $ 26 | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Diligent Corporation - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 703 | ||
Unfunded commitments, fair value | $ 11 | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EPS Nass Parent, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 1% | 1% |
Unfunded commitments, principal amount | $ 1,488 | $ 3,136 | |
Unfunded commitments, fair value | $ (39) | $ (29) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EPS Nass Parent, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 1,380 | $ 941 | |
Unfunded commitments, fair value | $ (36) | $ (9) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - EvolveIP, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 2,757 | $ 3,360 | |
Unfunded commitments, fair value | $ (43) | $ (17) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - GSM Acquisition Corp. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | 1% |
Unfunded commitments, principal amount | $ 825 | $ 4,313 | |
Unfunded commitments, fair value | $ (36) | $ (33) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - HMT Holding Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 6,173 | $ 6,173 | |
Unfunded commitments, fair value | $ (312) | $ (223) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Heartland Home Services, Inc - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 771 | $ 746 | |
Unfunded commitments, fair value | $ (6) | $ 3 | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Integrity Marketing Acquisition, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | 0% | |
Unfunded commitments, principal amount | $ 7,000 | ||
Unfunded commitments, fair value | $ (71) | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Integrity Marketing Acquisition, LLC - Delayed Draw (2) | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 4,453 | ||
Unfunded commitments, fair value | $ (45) | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Jensen Hughes, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 2,000 | $ 2,000 | |
Unfunded commitments, fair value | $ (57) | $ (55) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - K2 Insurance Services, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 1,170 | $ 1,170 | |
Unfunded commitments, fair value | $ (4) | $ (2) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - KBP Investments, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | 1% |
Unfunded commitments, principal amount | $ 2,598 | $ 503 | |
Unfunded commitments, fair value | $ (162) | $ (5) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - KBP Investments, LLC - Delayed Draw (2) | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 2,415 | ||
Unfunded commitments, fair value | $ (24) | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - QW Holding Corporation - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 1% | 1% |
Unfunded commitments, principal amount | $ 5,498 | $ 9,338 | |
Unfunded commitments, fair value | $ (98) | $ (162) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - QW Holding Corporation - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 3,794 | ||
Unfunded commitments, fair value | $ (66) | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Turbo Buyer, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 933 | $ 933 | |
Unfunded commitments, fair value | $ (18) | $ (19) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - VRC Companies, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.75% | 0.75% | |
Unfunded commitments, principal amount | $ 2,521 | ||
Unfunded commitments, fair value | $ (30) | ||
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - VRC Companies, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 708 | $ 833 | |
Unfunded commitments, fair value | $ (21) | $ (10) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - WRE Holding Corp. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 849 | $ 624 | |
Unfunded commitments, fair value | $ (15) | $ (10) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Welocalize, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 3,375 | $ 3,375 | |
Unfunded commitments, fair value | $ (96) | $ (64) | |
Investment, Identifier [Axis]: Credit Fund - Unfunded Commitment - First Lien Debt - Welocalize, Inc. - Revolver (2) | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 2,250 | $ 2,250 | |
Unfunded commitments, fair value | $ (64) | $ (43) | |
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 1,083 | ||
Unfunded commitments, fair value | $ (22) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 299 | ||
Unfunded commitments, fair value | $ (6) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Delayed Draw 3 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 1,951 | ||
Unfunded commitments, fair value | $ (39) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, ADPD Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 621 | ||
Unfunded commitments, fair value | $ (12) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 1,602 | ||
Unfunded commitments, fair value | $ (17) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 854 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 2,723 | ||
Unfunded commitments, fair value | $ 27 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 1,051 | ||
Unfunded commitments, fair value | $ 11 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Advanced Web Technologies Holding Company, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 906 | ||
Unfunded commitments, fair value | $ 9 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Airnov, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 688 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Airnov, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 875 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Alpine Acquisition Corp II - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,034 | ||
Unfunded commitments, fair value | $ (37) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, American Physician Partners, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 550 | ||
Unfunded commitments, fair value | $ (2) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, American Physician Partners, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 550 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Analogic Corporation - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 29 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Analogic Corporation, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 72 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Applied Technical Services, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 42 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Applied Technical Services, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 40 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Appriss Health, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,963 | ||
Unfunded commitments, fair value | $ (69) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Appriss Health, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,963 | ||
Unfunded commitments, fair value | $ 3 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Apptio, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,420 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Apptio, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,420 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Ascend Buyer, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,113 | ||
Unfunded commitments, fair value | $ (19) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Ascend Buyer, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,070 | ||
Unfunded commitments, fair value | $ (17) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Associations, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 723 | ||
Unfunded commitments, fair value | $ (17) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Associations, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 723 | ||
Unfunded commitments, fair value | $ 2 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, BMS Holdings III Corp. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 2.65% | ||
Unfunded commitments, principal amount | $ 9,688 | ||
Unfunded commitments, fair value | $ (137) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, BMS Holdings III Corp., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 9,688 | ||
Unfunded commitments, fair value | $ (149) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Blackbird Purchaser, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 4,597 | ||
Unfunded commitments, fair value | $ (171) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Blackbird Purchaser, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 4,597 | ||
Unfunded commitments, fair value | $ (92) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, BlueCat Networks (USA) Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 240 | ||
Unfunded commitments, fair value | $ (5) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, BlueCat Networks (USA) Inc. - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 446 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy) - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 2.80% | ||
Unfunded commitments, principal amount | $ 855 | ||
Unfunded commitments, fair value | $ (4) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy) - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 526 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy), Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 2.80% | 2.80% | |
Unfunded commitments, principal amount | £ | £ 873 | ||
Unfunded commitments, fair value | $ (30) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Bubbles Bidco S.P.A. (Italy), Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | 0% | |
Unfunded commitments, principal amount | £ | £ 537 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Captive Resources Midco, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,143 | ||
Unfunded commitments, fair value | $ (12) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chartis Holding, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 217 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chartis Holding, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 217 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chemical Computing Group ULC (Canada) - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 29 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chemical Computing Group ULC (Canada), Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 29 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chudy Group, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 138 | ||
Unfunded commitments, fair value | $ 2 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Chudy Group, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 34 | ||
Unfunded commitments, fair value | $ 1 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Comar Holding Company, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 2,935 | $ 2,935 | |
Unfunded commitments, fair value | $ (127) | $ (59) | |
Investment, Identifier [Axis]: First and Second Lien Debt, Cority Software Inc. (Canada), Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 3,000 | $ 3,000 | |
Unfunded commitments, fair value | $ (26) | $ (1) | |
Investment, Identifier [Axis]: First and Second Lien Debt, DCA Investment Holding LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | 1% |
Unfunded commitments, principal amount | $ 618 | $ 1,495 | |
Unfunded commitments, fair value | $ (22) | $ (8) | |
Investment, Identifier [Axis]: First and Second Lien Debt, Denali Midco 2, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 2,857 | ||
Unfunded commitments, fair value | $ (86) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, DermaRite Industries, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 579 | ||
Unfunded commitments, fair value | $ (103) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 23 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 110 | ||
Unfunded commitments, fair value | $ 2 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Diligent Corporation, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 47 | ||
Unfunded commitments, fair value | $ 1 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Direct Travel, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,657 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Direct Travel, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,657 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 1,003 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 411 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 161 | ||
Unfunded commitments, fair value | $ (2) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Dwyer Instruments, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 994 | ||
Unfunded commitments, fair value | $ (14) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 37 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 85 | ||
Unfunded commitments, fair value | $ (1) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, EPS Nass Parent, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 40 | $ 25 | |
Unfunded commitments, fair value | $ (1) | $ 0 | |
Investment, Identifier [Axis]: First and Second Lien Debt, Eliassen Group, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 3,310 | ||
Unfunded commitments, fair value | $ (42) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Ellkay, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,786 | ||
Unfunded commitments, fair value | $ (110) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Ellkay, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,786 | ||
Unfunded commitments, fair value | $ (36) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, EvolveIP, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 655 | ||
Unfunded commitments, fair value | $ (10) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, EvolveIP, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 798 | ||
Unfunded commitments, fair value | $ (4) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Excel Fitness Holdings, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 828 | ||
Unfunded commitments, fair value | $ (29) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Excelitas Technologies Corp. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 152 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Excelitas Technologies Corp. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 217 | ||
Unfunded commitments, fair value | $ (4) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, FPG Intermediate Holdco, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 3,973 | ||
Unfunded commitments, fair value | $ (79) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,471 | ||
Unfunded commitments, fair value | $ (41) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc. - Revolver 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 733 | ||
Unfunded commitments, fair value | $ (21) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Greenhouse Software, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,471 | ||
Unfunded commitments, fair value | $ (29) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, HS Spa Holdings Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,235 | ||
Unfunded commitments, fair value | $ (35) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 2.33% | ||
Unfunded commitments, principal amount | $ 2,589 | ||
Unfunded commitments, fair value | $ (57) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Harbour Benefit Holdings, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 3,180 | ||
Unfunded commitments, fair value | $ (11) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Harbour Benefit Holdings, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,120 | ||
Unfunded commitments, fair value | $ (21) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.75% | ||
Unfunded commitments, principal amount | $ 8,098 | ||
Unfunded commitments, fair value | $ (130) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 619 | ||
Unfunded commitments, fair value | $ (5) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 6,902 | ||
Unfunded commitments, fair value | $ 27 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Heartland Home Services, Inc, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 598 | ||
Unfunded commitments, fair value | $ 2 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Hercules Borrower LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,929 | ||
Unfunded commitments, fair value | $ (45) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Hercules Borrower LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,160 | ||
Unfunded commitments, fair value | $ 43 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Hoosier Intermediate, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,600 | ||
Unfunded commitments, fair value | $ (81) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Hoosier Intermediate, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,400 | ||
Unfunded commitments, fair value | $ (48) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, IQN Holding Corp. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 753 | ||
Unfunded commitments, fair value | $ (5) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, IQN Holding Corp. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 489 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 3,290 | ||
Unfunded commitments, fair value | $ (36) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 739 | ||
Unfunded commitments, fair value | $ (8) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 48 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 890 | ||
Unfunded commitments, fair value | $ 3 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Delayed Draw 3 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 188 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Individual FoodService Holdings, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 706 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Integrity Marketing Acquisition, LLC, Delayed Draw IQN Holding Corp., Delayed Draw IQN Holding Corp., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | 0% | |
Unfunded commitments, principal amount | $ 5,000 | ||
Unfunded commitments, fair value | $ (51) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 4,167 | ||
Unfunded commitments, fair value | $ (134) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 677 | ||
Unfunded commitments, fair value | $ (22) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 6,667 | ||
Unfunded commitments, fair value | $ (133) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Jeg's Automotive, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 3,333 | ||
Unfunded commitments, fair value | $ (67) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, K2 Insurance Services, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,120 | ||
Unfunded commitments, fair value | $ (4) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, K2 Insurance Services, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,120 | ||
Unfunded commitments, fair value | $ (2) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,146 | ||
Unfunded commitments, fair value | $ (25) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,054 | ||
Unfunded commitments, fair value | $ (46) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 585 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Kaseya, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,543 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 4,670 | ||
Unfunded commitments, fair value | $ (306) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 759 | ||
Unfunded commitments, fair value | $ (50) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 4,670 | ||
Unfunded commitments, fair value | $ (116) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, LVF Holdings, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,459 | ||
Unfunded commitments, fair value | $ (36) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Lifelong Learner Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Lifelong Learner Holdings, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Liqui-Box Holdings, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 544 | ||
Unfunded commitments, fair value | $ (35) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Liqui-Box Holdings, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,140 | ||
Unfunded commitments, fair value | $ (113) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, MMIT Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 808 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, MMIT Holdings, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 857 | ||
Unfunded commitments, fair value | $ (17) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 977 | ||
Unfunded commitments, fair value | $ (44) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 499 | ||
Unfunded commitments, fair value | $ (23) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | 0% | |
Unfunded commitments, principal amount | $ 1,916 | ||
Unfunded commitments, fair value | $ (21) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Material Holdings, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 806 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 4,679 | ||
Unfunded commitments, fair value | $ (503) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc. - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 1,290 | ||
Unfunded commitments, fair value | $ (139) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 4,679 | ||
Unfunded commitments, fair value | $ (101) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Maverick Acquisition, Inc., Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 1,290 | ||
Unfunded commitments, fair value | $ (28) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 7,107 | ||
Unfunded commitments, fair value | $ (140) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,446 | ||
Unfunded commitments, fair value | $ (28) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 8,264 | ||
Unfunded commitments, fair value | $ (165) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Medical Manufacturing Technologies, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,859 | ||
Unfunded commitments, fair value | $ (37) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 380 | ||
Unfunded commitments, fair value | $ (8) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 553 | ||
Unfunded commitments, fair value | $ (11) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, NEFCO Holding Comapny LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 763 | ||
Unfunded commitments, fair value | $ (15) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, NMI AcquisitionCo, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,280 | ||
Unfunded commitments, fair value | $ (30) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, NMI AcquisitionCo, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,280 | ||
Unfunded commitments, fair value | $ (16) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, National Technical Systems, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 835 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, North Haven Fairway Buyer, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 432 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, North Haven Fairway Buyer, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,404 | ||
Unfunded commitments, fair value | $ (49) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Oak Purchaser, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,623 | ||
Unfunded commitments, fair value | $ (8) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Oak Purchaser, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 584 | ||
Unfunded commitments, fair value | $ (3) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic HoldCo 2, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.75% | 0.75% | |
Unfunded commitments, principal amount | $ 9,517 | ||
Unfunded commitments, fair value | $ (190) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic HoldCo 2, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,759 | ||
Unfunded commitments, fair value | $ (55) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic Holdco 2, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.75% | ||
Unfunded commitments, principal amount | $ 9,517 | ||
Unfunded commitments, fair value | $ (165) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PF Atlantic Holdco 2, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,759 | ||
Unfunded commitments, fair value | $ (48) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PPT Management Holdings, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 587 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PXO Holdings I Corp. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 885 | ||
Unfunded commitments, fair value | $ (28) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, PXO Holdings I Corp. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,315 | ||
Unfunded commitments, fair value | $ (42) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Prophix Software Inc. (Canada) - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,993 | ||
Unfunded commitments, fair value | $ 8 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Prophix Software Inc. (Canada), Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,993 | ||
Unfunded commitments, fair value | $ 20 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 2,126 | ||
Unfunded commitments, fair value | $ (78) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 829 | ||
Unfunded commitments, fair value | $ (31) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 3,164 | ||
Unfunded commitments, fair value | $ (41) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 557 | ||
Unfunded commitments, fair value | $ (7) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Quantic Electronics, LLC, Revolver 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 824 | ||
Unfunded commitments, fair value | $ (11) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,083 | ||
Unfunded commitments, fair value | $ (46) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 462 | ||
Unfunded commitments, fair value | $ (20) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,435 | ||
Unfunded commitments, fair value | $ 9 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, RSC Acquisition, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 215 | ||
Unfunded commitments, fair value | $ 1 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Sapphire Convention, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 3,849 | ||
Unfunded commitments, fair value | $ (206) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Sapphire Convention, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 2,561 | ||
Unfunded commitments, fair value | $ (345) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Smarsh Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 1,633 | ||
Unfunded commitments, fair value | $ (80) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Smarsh Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 408 | ||
Unfunded commitments, fair value | $ (20) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, SolAero Technologies Corp. (Priority Facilities), Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 984 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, SolAero Technologies Corp. (Priority Facilities), Revolver 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,084 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Speedstar Holding, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 3,775 | ||
Unfunded commitments, fair value | $ 38 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 2,214 | ||
Unfunded commitments, fair value | $ (64) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 944 | ||
Unfunded commitments, fair value | $ (27) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Spotless Brands, LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 303 | ||
Unfunded commitments, fair value | $ (9) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Superior Health Linens, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 417 | ||
Unfunded commitments, fair value | $ 0 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 214 | ||
Unfunded commitments, fair value | $ (36) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC - Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 1,835 | ||
Unfunded commitments, fair value | $ (305) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 1,835 | ||
Unfunded commitments, fair value | $ (263) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, TCFI Aevex LLC, Delayed Draw 2 | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 214 | ||
Unfunded commitments, fair value | $ (31) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Tank Holding Corp. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.38% | ||
Unfunded commitments, principal amount | $ 1,655 | ||
Unfunded commitments, fair value | $ (53) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, The Carlstar Group LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 3,657 | ||
Unfunded commitments, fair value | $ (72) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, The Leaders Romans Bidco Limited (United Kingdom), Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1.60% | 1.60% | |
Unfunded commitments, principal amount | £ | £ 1,902 | ||
Unfunded commitments, fair value | $ 399 | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Trafigura Trading LLC - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 3,127 | ||
Unfunded commitments, fair value | $ (23) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Trafigura Trading LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 7,762 | ||
Unfunded commitments, fair value | $ (133) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Tufin Software North America, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 304 | ||
Unfunded commitments, fair value | $ (6) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Tufin Software North America, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,339 | ||
Unfunded commitments, fair value | $ (27) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Turbo Buyer, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | ||
Unfunded commitments, principal amount | $ 4,681 | ||
Unfunded commitments, fair value | $ (93) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Turbo Buyer, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 1,217 | $ 1,217 | |
Unfunded commitments, fair value | $ (24) | $ (24) | |
Investment, Identifier [Axis]: First and Second Lien Debt, U.S. Legal Support, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 1,061 | ||
Unfunded commitments, fair value | $ (18) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, US INFRA SVCS Buyer, LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | |
Unfunded commitments, principal amount | $ 22,234 | ||
Unfunded commitments, fair value | $ (527) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, US INFRA SVCS Buyer, LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 263 | ||
Unfunded commitments, fair value | $ (6) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, US Legal Support, Inc., Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,032 | ||
Unfunded commitments, fair value | $ (34) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, USLS Acquisition, Inc., Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | |
Unfunded commitments, principal amount | $ 1,135 | ||
Unfunded commitments, fair value | $ (12) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, Wineshipping.com LLC, Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 1% | 1% | 1% |
Unfunded commitments, principal amount | $ 1,609 | $ 1,986 | |
Unfunded commitments, fair value | $ (79) | $ (39) | |
Investment, Identifier [Axis]: First and Second Lien Debt, Wineshipping.com LLC, Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | 0.50% | 0.50% |
Unfunded commitments, principal amount | $ 1,589 | $ 1,430 | |
Unfunded commitments, fair value | $ (78) | $ (28) | |
Investment, Identifier [Axis]: First and Second Lien Debt, iCIMS, Inc. - Delayed Draw | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0% | ||
Unfunded commitments, principal amount | $ 6,784 | ||
Unfunded commitments, fair value | $ (119) | ||
Investment, Identifier [Axis]: First and Second Lien Debt, iCIMS, Inc. - Revolver | |||
Schedule of Investments [Line Items] | |||
Unfunded commitments, unused fee | 0.50% | ||
Unfunded commitments, principal amount | $ 2,432 | ||
Unfunded commitments, fair value | $ (43) |
MIDDLE MARKET CREDIT FUND, LL_7
MIDDLE MARKET CREDIT FUND, LLC - Schedule of Credit Facilities (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | $ 443,395 | $ 365,060 | $ 407,655 | $ 347,949 |
Borrowings | 111,011 | 157,552 | 313,511 | 337,031 |
Repayments | (125,000) | (95,000) | (284,746) | (257,500) |
Outstanding Borrowing, end of period | 423,959 | 425,545 | 423,959 | 425,545 |
Credit Fund | ||||
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | 600,651 | |||
Outstanding Borrowing, end of period | 571,621 | 571,621 | ||
Credit Fund | Credit Fund Facility | ||||
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | 0 | 0 | 0 | 0 |
Borrowings | 0 | 0 | 0 | 0 |
Repayments | 0 | 0 | 0 | 0 |
Outstanding Borrowing, end of period | 0 | 0 | 0 | 0 |
Credit Fund | Credit Fund Sub Facility | ||||
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | 532,621 | 515,121 | 514,621 | 420,859 |
Borrowings | 51,000 | 167,500 | 138,000 | 393,000 |
Repayments | (12,000) | (52,000) | (81,000) | (183,238) |
Outstanding Borrowing, end of period | 571,621 | 630,621 | 571,621 | 630,621 |
Credit Fund | Credit Fund Warehouse II Facility | ||||
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | 0 | 82,163 | 86,030 | 93,402 |
Borrowings | 0 | 44,250 | 0 | 52,250 |
Repayments | 0 | 0 | (86,030) | (19,239) |
Outstanding Borrowing, end of period | $ 0 | $ 126,413 | $ 0 | $ 126,413 |
MIDDLE MARKET CREDIT FUND II,_3
MIDDLE MARKET CREDIT FUND II, LLC - Narrative (Details) $ in Thousands | Jun. 30, 2022 USD ($) financial_institution | Dec. 29, 2021 USD ($) | Nov. 03, 2020 USD ($) loan | Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) |
Credit Fund II Senior Notes | Senior notes | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Face amount | $ 157,500 | ||||
Number of tranches | financial_institution | 2 | ||||
Principal proceeds available for reinvestment | $ 100,000 | $ 50,000 | |||
Class A-1 Notes | Senior notes | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Face amount | $ 147,500 | ||||
Class A-1 Notes | Senior notes | SOFR | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Basis spread on variable rate | 2.85% | ||||
Class A-1 Notes | Senior notes | LIBOR | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Basis spread on variable rate | 2.70% | ||||
Class A-2 Notes | Senior notes | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Face amount | $ 10,000 | ||||
Class A-2 Notes | Senior notes | SOFR | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Basis spread on variable rate | 3.35% | ||||
Class A-2 Notes | Senior notes | LIBOR | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Basis spread on variable rate | 3.20% | ||||
Credit Fund II | Debt securities | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Number of loans | loan | 45 | ||||
Par/principal amount | $ 250,000 | $ 244,688 | $ 240,878 | ||
Credit Fund II | Equity Investments | Capital contribution | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Financial support, cumulative amount | 78,096 | ||||
CCLF | Credit Fund II | Equity Investments | Capital contribution | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Financial support, cumulative amount | $ 12,709 | ||||
Credit Fund II | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Ownership interest | 84.13% | ||||
Credit Fund II | CCLF | |||||
Investment Company, Nonconsolidated Subsidiary [Line Items] | |||||
Ownership interest | 15.87% |
MIDDLE MARKET CREDIT FUND II,_4
MIDDLE MARKET CREDIT FUND II, LLC - Summarized Financial Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | |||||||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | Dec. 31, 2020 | ||||
ASSETS | |||||||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,948,957 | [1] | $ 1,913,052 | [2] | |||
Cash, cash equivalents and restricted cash | 68,644 | $ 46,164 | 68,644 | $ 46,164 | 93,074 | $ 68,419 | |||
Total assets | 2,054,032 | 2,054,032 | 2,031,350 | ||||||
LIABILITIES AND MEMBERS’ EQUITY | |||||||||
Senior Notes, net of unamortized debt issuance costs | 189,688 | 189,688 | 189,584 | ||||||
Amortized cost | 2,012,187 | 2,012,187 | 1,957,553 | ||||||
Deferred financing costs | 3,558 | 3,558 | 3,066 | ||||||
Selected Consolidated Statement of Operations Information: | |||||||||
Total investment income | 59,143 | 43,762 | 151,220 | 127,266 | |||||
Expenses: | |||||||||
Total expenses | 27,541 | 21,513 | 71,700 | 62,438 | |||||
Net investment income (loss) | 31,153 | 22,086 | 78,542 | 64,402 | |||||
Net change in unrealized appreciation (depreciation) on investments | 11,256 | 17,978 | (6,271) | 50,954 | |||||
Net increase (decrease) in net assets resulting from operations | 37,830 | 47,620 | 73,178 | 126,392 | |||||
Equity Investments | |||||||||
ASSETS | |||||||||
Investments, at fair value | 92,552 | 92,552 | |||||||
LIABILITIES AND MEMBERS’ EQUITY | |||||||||
Amortized cost | 89,393 | 89,393 | 73,125 | ||||||
Equity Investments | Credit Fund II | |||||||||
ASSETS | |||||||||
Investments, at fair value | 74,997 | 74,997 | 77,958 | ||||||
Credit Fund II | |||||||||
ASSETS | |||||||||
Investments, at fair value | 238,651 | 238,651 | 239,289 | ||||||
Cash, cash equivalents and restricted cash | 10,514 | 10,514 | 10,092 | ||||||
Other assets | 4,125 | 4,125 | 5,606 | ||||||
Total assets | 253,290 | 253,290 | 254,987 | ||||||
LIABILITIES AND MEMBERS’ EQUITY | |||||||||
Senior Notes, net of unamortized debt issuance costs | 156,754 | 156,754 | 156,698 | ||||||
Other liabilities | 7,350 | 7,350 | 5,557 | ||||||
Subordinated loans and members’ equity | 89,186 | 89,186 | 92,732 | ||||||
Liabilities and members’ equity | 253,290 | 253,290 | 254,987 | ||||||
Amortized cost | 241,485 | 241,485 | 238,615 | ||||||
Deferred financing costs | 746 | 746 | $ 802 | ||||||
Selected Consolidated Statement of Operations Information: | |||||||||
Total investment income | 5,183 | 4,838 | 14,263 | 14,205 | |||||
Expenses: | |||||||||
Interest and credit facility expenses | 2,076 | 1,190 | 4,756 | 3,588 | |||||
Other expenses | 199 | 177 | 545 | 558 | |||||
Total expenses | 2,275 | 1,367 | 5,301 | 4,146 | |||||
Net investment income (loss) | 2,908 | 3,471 | 8,962 | 10,059 | |||||
Net change in unrealized appreciation (depreciation) on investments | (908) | (850) | (3,508) | (138) | |||||
Net increase (decrease) in net assets resulting from operations | $ 2,000 | $ 2,621 | $ 5,454 | $ 9,921 | |||||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. |
MIDDLE MARKET CREDIT FUND II,_5
MIDDLE MARKET CREDIT FUND II, LLC - Summary of Portfolio (Details) $ in Thousands | 9 Months Ended | 12 Months Ended | |
Sep. 30, 2022 USD ($) financial_institution | Dec. 31, 2021 USD ($) financial_institution | Nov. 03, 2020 USD ($) | |
Schedule of Investments [Line Items] | |||
Fair value of loans with PIK provisions | $ 194,694 | $ 243,220 | |
Credit Fund II | |||
Schedule of Investments [Line Items] | |||
Weighted average yields of senior secured loans based on amortized cost | 9.57% | 7.26% | |
Weighted average yields of senior secured loans based on fair value | 9.68% | 7.24% | |
Number of portfolio companies in Credit Fund | financial_institution | 34 | 36 | |
Average amount per portfolio company | $ 7,197 | $ 6,691 | |
Percentage of portfolio at floating interest rates | 97.80% | 97.70% | |
Percentage of portfolio at fixed interest rates | 2.20% | 2.30% | |
Fair value of loans with PIK provisions | $ 11,894 | $ 17,453 | |
Debt securities | Credit Fund II | |||
Schedule of Investments [Line Items] | |||
Senior secured loans | $ 244,688 | $ 240,878 | $ 250,000 |
Investments at fair value | Investment type concentration | |||
Schedule of Investments [Line Items] | |||
Concentration risk percentage | 100% | 100% | |
Investments at fair value | Investment type concentration | PIK loan | |||
Schedule of Investments [Line Items] | |||
Concentration risk percentage | 10% | 12.70% | |
Investments at fair value | Investment type concentration | PIK loan | Credit Fund II | |||
Schedule of Investments [Line Items] | |||
Concentration risk percentage | 5% | 7.30% |
MIDDLE MARKET CREDIT FUND II,_6
MIDDLE MARKET CREDIT FUND II, LLC - Schedule of Investments (Details) € in Thousands, £ in Thousands, $ in Thousands | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2022 USD ($) | Dec. 31, 2021 USD ($) | Sep. 30, 2022 GBP (£) | Sep. 30, 2022 EUR (€) | Dec. 31, 2021 GBP (£) | Dec. 31, 2021 EUR (€) | Dec. 31, 2020 USD ($) | ||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 2,012,187 | $ 1,957,553 | ||||||||||||
Investments, at fair value | $ 1,948,957 | [1] | $ 1,913,052 | [2] | ||||||||||
Interest rate floor | 1% | 1% | 1% | 1% | 1% | 1% | ||||||||
Canada | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 35,895 | $ 46,433 | ||||||||||||
Investments, at fair value | 36,502 | 47,543 | ||||||||||||
Luxembourg | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 41,499 | 41,647 | ||||||||||||
Investments, at fair value | 38,243 | 38,403 | ||||||||||||
United Kingdom | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 81,526 | 92,963 | ||||||||||||
Investments, at fair value | 75,105 | 96,108 | ||||||||||||
United States | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,840,217 | 1,764,818 | ||||||||||||
Investments, at fair value | $ 1,788,468 | $ 1,718,743 | ||||||||||||
Credit spread | Minimum | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0010 | 0.0010 | 0.0010 | |||||||||||
Credit spread | Maximum | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0026 | 0.0026 | 0.0026 | |||||||||||
30-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.14% | 0.10% | 3.14% | 3.14% | 0.10% | 0.10% | ||||||||
90-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.75% | 0.22% | 3.75% | 3.75% | 0.22% | 0.22% | ||||||||
180-day LIBOR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 4.23% | 0.33% | 4.23% | 4.23% | 0.33% | 0.33% | ||||||||
30-day SOFR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.04% | 3.04% | 3.04% | |||||||||||
90-day SOFR | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Reference rate | 3.59% | 3.59% | 3.59% | |||||||||||
Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Geographic concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 100% | 100% | ||||||||||||
Geographic concentration | Investments at fair value | Canada | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 1.90% | 2.50% | ||||||||||||
Geographic concentration | Investments at fair value | Luxembourg | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 2% | 2% | ||||||||||||
Geographic concentration | Investments at fair value | United Kingdom | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 3.90% | 5% | ||||||||||||
Geographic concentration | Investments at fair value | United States | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 91.80% | 89.80% | ||||||||||||
First Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 1,380,925 | $ 1,271,794 | ||||||||||||
Investments, at fair value | $ 1,328,594 | $ 1,232,084 | ||||||||||||
First Lien Debt | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 68.20% | 64.40% | ||||||||||||
Credit Fund II | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 241,485 | $ 238,615 | ||||||||||||
Investments, at fair value | $ 238,651 | $ 239,289 | ||||||||||||
Credit Fund II | Credit spread | Minimum | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0025 | 0.0025 | 0.0025 | |||||||||||
Credit Fund II | Credit spread | Maximum | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investment, measurement input | 0.0010 | 0.0010 | 0.0010 | |||||||||||
Credit Fund II | Geographic concentration | Investments at fair value | Canada | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 3.60% | 3.60% | ||||||||||||
Credit Fund II | Geographic concentration | Investments at fair value | Luxembourg | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 1.70% | 1.60% | ||||||||||||
Credit Fund II | Geographic concentration | Investments at fair value | United Kingdom | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 2.40% | 2.40% | ||||||||||||
Credit Fund II | Geographic concentration | Investments at fair value | United States | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 92.30% | 92.40% | ||||||||||||
Credit Fund II | First Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 216,588 | $ 208,316 | ||||||||||||
Investments, at fair value | $ 213,627 | $ 208,196 | ||||||||||||
Credit Fund II | First Lien Debt | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 89.50% | 87% | ||||||||||||
Credit Fund II | Second Lien Debt | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | $ 24,897 | $ 30,299 | ||||||||||||
Investments, at fair value | $ 25,024 | $ 31,093 | ||||||||||||
Credit Fund II | Second Lien Debt | Investment type concentration | Investments at fair value | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Concentration risk percentage | 10.50% | 13% | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | $ 2,961 | $ 2,961 | ||||||||||||
Amortized cost | 0 | 0 | ||||||||||||
Investments, at fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - Equity Investments - DBI Holding, LLC - Transportation: Cargo 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | 13,996 | 13,996 | ||||||||||||
Amortized cost | 5,364 | 5,364 | ||||||||||||
Investments, at fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - ACR Group Borrower, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.25% | 450% | 450% | 4.25% | 4.25% | ||||||||
Interest rate | 8.12% | 5.50% | 8.12% | 8.12% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 37,278 | $ 34,477 | ||||||||||||
Amortized cost | 36,780 | 33,913 | ||||||||||||
Investments, at fair value | $ 36,368 | $ 34,477 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - API Technologies Corp. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.92% | 4.35% | 7.92% | 7.92% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 14,512 | $ 14,625 | ||||||||||||
Amortized cost | 14,471 | 14,575 | ||||||||||||
Investments, at fair value | $ 13,227 | $ 14,251 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 350% | 3.50% | 350% | 350% | 3.50% | 3.50% | ||||||||
Interest rate | 6.62% | 3.78% | 6.62% | 6.62% | 3.78% | 3.78% | ||||||||
Par/principal amount | $ 25,182 | $ 25,376 | ||||||||||||
Amortized cost | 25,162 | 25,353 | ||||||||||||
Investments, at fair value | $ 23,294 | $ 25,203 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Acrisure, LLC - Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.25% | 4.25% | 4.25% | |||||||||||
Interest rate | 4.75% | 4.75% | 4.75% | |||||||||||
Par/principal amount | $ 6,700 | |||||||||||||
Amortized cost | 6,650 | |||||||||||||
Investments, at fair value | $ 6,687 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.25% | 525% | 525% | 5.25% | 5.25% | ||||||||
Interest rate | 8.07% | 6.25% | 8.07% | 8.07% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 20,161 | $ 19,796 | ||||||||||||
Amortized cost | 20,150 | 19,781 | ||||||||||||
Investments, at fair value | $ 19,630 | $ 19,587 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Anchor Packaging, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.12% | 4.10% | 7.12% | 7.12% | 4.10% | 4.10% | ||||||||
Par/principal amount | $ 24,284 | $ 24,472 | ||||||||||||
Amortized cost | 24,210 | 24,385 | ||||||||||||
Investments, at fair value | $ 23,464 | $ 24,215 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Aptean, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.35% | 7.32% | 7.32% | 4.35% | 4.35% | ||||||||
Par/principal amount | $ 12,062 | $ 12,157 | ||||||||||||
Amortized cost | 12,026 | 12,113 | ||||||||||||
Investments, at fair value | $ 11,459 | $ 12,087 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avalign Technologies, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.62% | 4.63% | 7.62% | 7.62% | 4.63% | 4.63% | ||||||||
Par/principal amount | $ 14,331 | $ 14,443 | ||||||||||||
Amortized cost | 14,259 | 14,354 | ||||||||||||
Investments, at fair value | $ 14,003 | $ 14,320 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 23,350 | |||||||||||||
Amortized cost | 23,350 | |||||||||||||
Investments, at fair value | $ 23,350 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 11,160 | $ 11,244 | ||||||||||||
Amortized cost | 11,073 | 11,143 | ||||||||||||
Investments, at fair value | $ 11,002 | $ 11,071 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,911 | $ 6,964 | ||||||||||||
Amortized cost | 6,911 | 6,964 | ||||||||||||
Investments, at fair value | $ 6,862 | $ 6,964 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.64% | 5.50% | 7.64% | 7.64% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 13,805 | $ 13,912 | ||||||||||||
Amortized cost | 13,563 | 13,480 | ||||||||||||
Investments, at fair value | $ 13,576 | $ 13,845 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Chudy Group, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 33,021 | |||||||||||||
Amortized cost | 32,465 | |||||||||||||
Investments, at fair value | $ 33,657 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - DTI Holdco, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.33% | 5.75% | 7.33% | 7.33% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 30,000 | $ 18,495 | ||||||||||||
Amortized cost | 29,429 | 18,442 | ||||||||||||
Investments, at fair value | $ 28,450 | $ 18,237 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 6.25% | 625% | 625% | 6.25% | 6.25% | ||||||||
Interest rate | 9.11% | 7.25% | 9.11% | 9.11% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 10,044 | $ 9,049 | ||||||||||||
Amortized cost | 9,855 | 8,816 | ||||||||||||
Investments, at fair value | $ 9,715 | $ 9,228 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Divisions Holding Corporation - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.50% | 7.87% | 7.87% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 24,750 | $ 24,938 | ||||||||||||
Amortized cost | 24,543 | 24,706 | ||||||||||||
Investments, at fair value | $ 23,667 | $ 24,953 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 9.42% | 6.75% | 9.42% | 9.42% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 33,810 | $ 32,846 | ||||||||||||
Amortized cost | 33,208 | 32,169 | ||||||||||||
Investments, at fair value | $ 32,851 | $ 32,507 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 4.50% | 575% | 575% | 4.50% | 4.50% | ||||||||
Interest rate | 9.30% | 4.60% | 9.30% | 9.30% | 4.60% | 4.60% | ||||||||
Par/principal amount | $ 19,424 | $ 15,159 | ||||||||||||
Amortized cost | 19,187 | 15,103 | ||||||||||||
Investments, at fair value | $ 19,178 | $ 15,152 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 40,494 | $ 40,196 | ||||||||||||
Amortized cost | 40,460 | 40,126 | ||||||||||||
Investments, at fair value | $ 39,816 | $ 39,973 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Exactech, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 375% | 3.75% | 375% | 375% | 3.75% | 3.75% | ||||||||
Interest rate | 6.87% | 4.75% | 6.87% | 6.87% | 4.75% | 4.75% | ||||||||
Par/principal amount | $ 21,138 | $ 21,307 | ||||||||||||
Amortized cost | 21,071 | 21,221 | ||||||||||||
Investments, at fair value | $ 18,882 | $ 21,073 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Excel Fitness Holdings, Inc. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 24,500 | |||||||||||||
Amortized cost | 24,336 | |||||||||||||
Investments, at fair value | $ 24,500 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.25% | 575% | 575% | 5.25% | 5.25% | ||||||||
Interest rate | 8.89% | 6.25% | 8.89% | 8.89% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,552 | $ 14,736 | ||||||||||||
Amortized cost | 14,277 | 14,269 | ||||||||||||
Investments, at fair value | $ 14,552 | $ 14,736 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - GSM Acquisition Corp. - Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.73% | 6% | 8.73% | 8.73% | 6% | 6% | ||||||||
Par/principal amount | $ 30,207 | $ 25,623 | ||||||||||||
Amortized cost | 29,944 | 25,331 | ||||||||||||
Investments, at fair value | $ 28,849 | $ 25,396 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - HMT Holding Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 625% | 5.75% | 625% | 625% | 5.75% | 5.75% | ||||||||
Interest rate | 9.27% | 6.75% | 9.27% | 9.27% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 32,232 | $ 32,484 | ||||||||||||
Amortized cost | 32,086 | 32,245 | ||||||||||||
Investments, at fair value | $ 30,289 | $ 31,086 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 6% | 575% | 575% | 6% | 6% | ||||||||
Interest rate | 8.80% | 7% | 8.80% | 8.80% | 7% | 7% | ||||||||
Par/principal amount | $ 7,260 | $ 17,664 | ||||||||||||
Amortized cost | 7,171 | 17,664 | ||||||||||||
Investments, at fair value | $ 7,143 | $ 17,735 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 600% | 600% | |||||||||||
Interest rate | 9.12% | 9.12% | 9.12% | |||||||||||
Par/principal amount | $ 24,317 | |||||||||||||
Amortized cost | 24,233 | |||||||||||||
Investments, at fair value | $ 24,121 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Higginbotham Insurance Agency, Inc.. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 525% | 525% | |||||||||||
Interest rate | 8.37% | 8.37% | 8.37% | |||||||||||
Par/principal amount | $ 4,500 | |||||||||||||
Amortized cost | 4,438 | |||||||||||||
Investments, at fair value | $ 4,417 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Integrity Marketing Acquisition, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8% | 6.25% | 8% | 8% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 44,004 | $ 32,853 | ||||||||||||
Amortized cost | 43,572 | 32,309 | ||||||||||||
Investments, at fair value | $ 41,830 | $ 32,403 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Jensen Hughes, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 450% | 4.50% | 450% | 450% | 4.50% | 4.50% | ||||||||
Interest rate | 7.29% | 5.50% | 7.29% | 7.29% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 34,127 | $ 34,392 | ||||||||||||
Amortized cost | 34,097 | 34,347 | ||||||||||||
Investments, at fair value | $ 33,105 | $ 33,395 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 500% | 5% | 500% | 500% | 5% | 5% | ||||||||
Interest rate | 8.63% | 6% | 8.63% | 8.63% | 6% | 6% | ||||||||
Par/principal amount | $ 12,831 | $ 12,929 | ||||||||||||
Amortized cost | 12,832 | 12,929 | ||||||||||||
Investments, at fair value | $ 12,780 | $ 12,906 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KAMC Holdings, Inc. - Energy: Electricity | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 7.07% | 4.18% | 7.07% | 7.07% | 4.18% | 4.18% | ||||||||
Par/principal amount | $ 13,580 | $ 13,685 | ||||||||||||
Amortized cost | 13,540 | 13,638 | ||||||||||||
Investments, at fair value | $ 10,983 | $ 11,450 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - KBP Investments, LLC - Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5% | 550% | 550% | 5% | 5% | ||||||||
Interest rate | 8.40% | 5.75% | 8.40% | 8.40% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 37,173 | $ 36,973 | ||||||||||||
Amortized cost | 36,966 | 36,599 | ||||||||||||
Investments, at fair value | $ 34,700 | $ 36,570 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Odyssey Logistics & Technology Corp. - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4% | 400% | 400% | 4% | 4% | ||||||||
Interest rate | 6.81% | 5% | 6.81% | 6.81% | 5% | 5% | ||||||||
Par/principal amount | $ 9,530 | $ 9,605 | ||||||||||||
Amortized cost | 9,512 | 9,580 | ||||||||||||
Investments, at fair value | $ 9,196 | $ 9,509 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Output Services Group - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 4.50% | 5.25% | 5.25% | 4.50% | 4.50% | ||||||||
Interest, PIK | 1.50% | 1.50% | 1.50% | |||||||||||
Interest rate | 9.80% | 5.50% | 9.80% | 9.80% | 5.50% | 5.50% | ||||||||
Par/principal amount | $ 19,168 | $ 19,222 | ||||||||||||
Amortized cost | 19,145 | 19,194 | ||||||||||||
Investments, at fair value | $ 13,519 | $ 16,467 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 15,435 | |||||||||||||
Amortized cost | 15,196 | |||||||||||||
Investments, at fair value | $ 15,167 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Premise Health Holding Corp. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 3.75% | 3.50% | 3.75% | 3.75% | 3.50% | 3.50% | ||||||||
Interest rate | 7.92% | 3.72% | 7.92% | 7.92% | 3.72% | 3.72% | ||||||||
Par/principal amount | $ 13,341 | $ 13,445 | ||||||||||||
Amortized cost | 13,312 | 13,409 | ||||||||||||
Investments, at fair value | $ 13,244 | $ 13,419 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Q Holding Company - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 21,515 | |||||||||||||
Amortized cost | 21,421 | |||||||||||||
Investments, at fair value | $ 21,098 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 6.25% | 550% | 550% | 6.25% | 6.25% | ||||||||
Interest rate | 8.05% | 7.25% | 8.05% | 8.05% | 7.25% | 7.25% | ||||||||
Par/principal amount | $ 21,630 | $ 14,116 | ||||||||||||
Amortized cost | 21,483 | 13,887 | ||||||||||||
Investments, at fair value | $ 21,147 | $ 13,645 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Radiology Partners, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 425% | 4.25% | 425% | 425% | 4.25% | 4.25% | ||||||||
Interest rate | 7.32% | 4.36% | 7.32% | 7.32% | 4.36% | 4.36% | ||||||||
Par/principal amount | $ 27,686 | $ 27,686 | ||||||||||||
Amortized cost | 27,619 | 27,603 | ||||||||||||
Investments, at fair value | $ 24,173 | $ 27,245 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - RevSpring Inc. - Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 400% | 4.25% | 400% | 400% | 4.25% | 4.25% | ||||||||
Interest rate | 7.67% | 4.47% | 7.67% | 7.67% | 4.47% | 4.47% | ||||||||
Par/principal amount | $ 28,924 | $ 29,149 | ||||||||||||
Amortized cost | 28,803 | 29,001 | ||||||||||||
Investments, at fair value | $ 27,694 | $ 29,067 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 575% | 575% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 11,314 | |||||||||||||
Amortized cost | 11,314 | |||||||||||||
Investments, at fair value | $ 11,314 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Striper Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 8.62% | 6.25% | 8.62% | 8.62% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 14,738 | $ 14,850 | ||||||||||||
Amortized cost | 14,625 | 14,720 | ||||||||||||
Investments, at fair value | $ 14,715 | $ 14,850 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 34,339 | $ 13,960 | ||||||||||||
Amortized cost | 34,115 | 13,960 | ||||||||||||
Investments, at fair value | $ 33,641 | $ 13,661 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - U.S. TelePacific Holdings Corp. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 1% | 5.50% | 1% | 1% | 5.50% | 5.50% | ||||||||
Interest, PIK | 7.25% | 7.25% | 7.25% | |||||||||||
Interest rate | 11.32% | 6.50% | 11.32% | 11.32% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 6,957 | $ 6,660 | ||||||||||||
Amortized cost | 6,944 | 6,643 | ||||||||||||
Investments, at fair value | $ 2,783 | $ 4,995 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 600% | 6% | 600% | 600% | 6% | 6% | ||||||||
Interest rate | 9.67% | 7% | 9.67% | 9.67% | 7% | 7% | ||||||||
Par/principal amount | $ 14,883 | $ 14,995 | ||||||||||||
Amortized cost | 14,625 | 14,704 | ||||||||||||
Investments, at fair value | $ 14,300 | $ 14,704 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - VRC Companies, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 550% | 5.50% | 550% | 550% | 5.50% | 5.50% | ||||||||
Interest rate | 9.25% | 6.25% | 9.25% | 9.25% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 28,965 | $ 26,520 | ||||||||||||
Amortized cost | 28,599 | 26,103 | ||||||||||||
Investments, at fair value | $ 28,093 | $ 26,162 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - WRE Holding Corp. - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 525% | 5.50% | 525% | 525% | 5.50% | 5.50% | ||||||||
Interest rate | 8.79% | 6.50% | 8.79% | 8.79% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,428 | $ 8,740 | ||||||||||||
Amortized cost | 8,426 | 8,724 | ||||||||||||
Investments, at fair value | $ 8,268 | $ 8,584 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Welocalize, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 475% | 4.75% | 475% | 475% | 4.75% | 4.75% | ||||||||
Interest rate | 7.87% | 5.75% | 7.87% | 7.87% | 5.75% | 5.75% | ||||||||
Par/principal amount | $ 33,885 | $ 34,201 | ||||||||||||
Amortized cost | 33,617 | 33,868 | ||||||||||||
Investments, at fair value | $ 32,764 | $ 33,444 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund - First Lien Debt - Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 575% | 5.75% | 575% | 575% | 5.75% | 5.75% | ||||||||
Interest rate | 8.80% | 6.75% | 8.80% | 8.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 39,600 | $ 39,900 | ||||||||||||
Amortized cost | 38,921 | 39,135 | ||||||||||||
Investments, at fair value | $ 37,976 | $ 39,095 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | 5% | 5% | 5% | ||||||||
Interest rate | 8.58% | 6% | 8.58% | 8.58% | 6% | 6% | ||||||||
Par/principal amount | $ 9,870 | $ 9,946 | ||||||||||||
Amortized cost | 9,858 | 9,930 | ||||||||||||
Investments, at fair value | $ 9,833 | $ 9,946 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.42% | 8.42% | 8.42% | |||||||||||
Par/principal amount | $ 3,300 | |||||||||||||
Amortized cost | 3,190 | |||||||||||||
Investments, at fair value | $ 3,181 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | 6.75% | ||||||||
Interest, PIK | 3.50% | 1.50% | 3.50% | 3.50% | 1.50% | 1.50% | ||||||||
Interest rate | 13.39% | 9.25% | 13.39% | 13.39% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 8,968 | $ 8,415 | ||||||||||||
Amortized cost | 8,968 | 8,415 | ||||||||||||
Investments, at fair value | $ 8,939 | $ 8,415 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | 7.25% | ||||||||
Interest rate | 9.93% | 8.25% | 9.93% | 9.93% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 7,512 | $ 1,197 | ||||||||||||
Amortized cost | 7,379 | 1,178 | ||||||||||||
Investments, at fair value | $ 7,338 | $ 1,198 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 7.25% | 6% | 6% | 7.25% | 7.25% | ||||||||
Interest rate | 8.46% | 8.25% | 8.46% | 8.46% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 5,357 | $ 5,357 | ||||||||||||
Amortized cost | 5,309 | 5,295 | ||||||||||||
Investments, at fair value | $ 5,357 | $ 5,357 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.78% | 7% | 8.78% | 8.78% | 7% | 7% | ||||||||
Par/principal amount | $ 4,322 | $ 4,355 | ||||||||||||
Amortized cost | 4,250 | 4,273 | ||||||||||||
Investments, at fair value | $ 4,065 | $ 3,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Avenu Holdings, LLC - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 987 | |||||||||||||
Amortized cost | 980 | |||||||||||||
Investments, at fair value | $ 987 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.17% | 6.50% | 9.17% | 9.17% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 3,250 | $ 3,275 | ||||||||||||
Amortized cost | 3,199 | 3,216 | ||||||||||||
Investments, at fair value | $ 3,204 | $ 3,224 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Captive Resources Midco, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,193 | |||||||||||||
Amortized cost | 8,108 | |||||||||||||
Investments, at fair value | $ 8,147 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.50% | 5.25% | 5.25% | 5.50% | 5.50% | ||||||||
Interest rate | 6.38% | 6.50% | 6.38% | 6.38% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 9,848 | $ 9,924 | ||||||||||||
Amortized cost | 9,835 | 9,907 | ||||||||||||
Investments, at fair value | $ 9,796 | $ 9,924 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 9.39% | 6.75% | 9.39% | 9.39% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 8,642 | $ 8,710 | ||||||||||||
Amortized cost | 8,588 | 8,632 | ||||||||||||
Investments, at fair value | $ 8,269 | $ 8,536 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5% | 5.50% | 5.50% | 5% | 5% | ||||||||
Interest rate | 7.78% | 6% | 7.78% | 7.78% | 6% | 6% | ||||||||
Par/principal amount | $ 8,646 | $ 8,712 | ||||||||||||
Amortized cost | 8,543 | 8,591 | ||||||||||||
Investments, at fair value | $ 8,569 | $ 8,707 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 10,000 | |||||||||||||
Amortized cost | 9,939 | |||||||||||||
Investments, at fair value | $ 9,974 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 9.38% | 9.38% | 9.38% | |||||||||||
Par/principal amount | $ 9,939 | |||||||||||||
Amortized cost | 9,885 | |||||||||||||
Investments, at fair value | $ 9,797 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Ethos Veterinary Health LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 4.75% | 4.75% | 4.75% | |||||||||||
Interest rate | 4.85% | 4.85% | 4.85% | |||||||||||
Par/principal amount | $ 8,134 | |||||||||||||
Amortized cost | 8,080 | |||||||||||||
Investments, at fair value | $ 8,134 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% | ||||||||
Interest rate | 9.20% | 6.50% | 9.20% | 9.20% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,643 | $ 8,710 | ||||||||||||
Amortized cost | 8,639 | 8,701 | ||||||||||||
Investments, at fair value | $ 8,508 | $ 8,666 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | 5.25% | ||||||||
Interest rate | 8.79% | 6.25% | 8.79% | 8.79% | 6.25% | 6.25% | ||||||||
Par/principal amount | $ 9,926 | $ 4,717 | ||||||||||||
Amortized cost | 9,903 | 4,707 | ||||||||||||
Investments, at fair value | $ 9,891 | $ 4,669 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.56% | 8.56% | 8.56% | |||||||||||
Par/principal amount | $ 6,463 | |||||||||||||
Amortized cost | 6,270 | |||||||||||||
Investments, at fair value | $ 6,135 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 8.85% | 8.85% | 8.85% | |||||||||||
Par/principal amount | $ 4,883 | |||||||||||||
Amortized cost | 4,718 | |||||||||||||
Investments, at fair value | $ 4,655 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Integrity Marketing Acquisition, LLC - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8% | 8% | 8% | |||||||||||
Par/principal amount | $ 4,546 | |||||||||||||
Amortized cost | 4,366 | |||||||||||||
Investments, at fair value | $ 4,321 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 6% | 6% | 6% | |||||||||||
Par/principal amount | $ 9,012 | |||||||||||||
Amortized cost | 8,914 | |||||||||||||
Investments, at fair value | $ 8,998 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5% | 5% | 5% | |||||||||||
Interest rate | 8.63% | 8.63% | 8.63% | |||||||||||
Par/principal amount | $ 8,944 | |||||||||||||
Amortized cost | 8,850 | |||||||||||||
Investments, at fair value | $ 8,911 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest, PIK | 1% | 1% | 1% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 9,092 | |||||||||||||
Amortized cost | 8,987 | |||||||||||||
Investments, at fair value | $ 9,038 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 5.75% | 6% | 6% | 5.75% | 5.75% | ||||||||
Interest rate | 9.64% | 6.50% | 9.64% | 9.64% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,846 | 7,896 | ||||||||||||
Investments, at fair value | $ 7,561 | $ 7,891 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 6% | 6.25% | 6.25% | 6% | 6% | ||||||||
Interest rate | 9.92% | 7% | 9.92% | 9.92% | 7% | 7% | ||||||||
Par/principal amount | $ 7,920 | $ 7,980 | ||||||||||||
Amortized cost | 7,774 | 7,814 | ||||||||||||
Investments, at fair value | $ 7,069 | $ 7,808 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | ||||||||
Interest rate | 8.87% | 6.50% | 8.87% | 8.87% | 6.50% | 6.50% | ||||||||
Par/principal amount | $ 8,640 | $ 8,708 | ||||||||||||
Amortized cost | 8,640 | 8,680 | ||||||||||||
Investments, at fair value | $ 8,435 | $ 8,601 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - National Technical Systems, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 8,733 | |||||||||||||
Amortized cost | 8,720 | |||||||||||||
Investments, at fair value | $ 8,733 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.77% | 8.77% | 8.77% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,669 | |||||||||||||
Investments, at fair value | $ 9,802 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.05% | 8.05% | 8.05% | |||||||||||
Par/principal amount | $ 9,973 | |||||||||||||
Amortized cost | 9,825 | |||||||||||||
Investments, at fair value | $ 9,796 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.25% | 6.25% | 6.25% | |||||||||||
Par/principal amount | $ 8,401 | |||||||||||||
Amortized cost | 8,277 | |||||||||||||
Investments, at fair value | $ 8,434 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 8.38% | 8.38% | 8.38% | |||||||||||
Par/principal amount | $ 8,337 | |||||||||||||
Amortized cost | 8,231 | |||||||||||||
Investments, at fair value | $ 7,983 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Redwood Services Group, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | |||||||||||
Interest rate | 7% | 7% | 7% | |||||||||||
Par/principal amount | $ 8,736 | |||||||||||||
Amortized cost | 8,724 | |||||||||||||
Investments, at fair value | $ 8,737 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 6.75% | 6.75% | 6.75% | |||||||||||
Par/principal amount | $ 8,173 | |||||||||||||
Amortized cost | 8,074 | |||||||||||||
Investments, at fair value | $ 8,173 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.42% | 9.42% | 9.42% | |||||||||||
Par/principal amount | $ 8,111 | |||||||||||||
Amortized cost | 8,032 | |||||||||||||
Investments, at fair value | $ 8,111 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Superior Health Linens, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | |||||||||||
Interest rate | 7.50% | 7.50% | 7.50% | |||||||||||
Par/principal amount | $ 6,875 | |||||||||||||
Amortized cost | 6,875 | |||||||||||||
Investments, at fair value | $ 6,875 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.69% | 7% | 8.69% | 8.69% | 7% | 7% | ||||||||
Par/principal amount | $ 1,688 | $ 1,701 | ||||||||||||
Amortized cost | 1,667 | 1,676 | ||||||||||||
Investments, at fair value | $ 1,407 | $ 1,458 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | 6% | 6% | 6% | 6% | 6% | ||||||||
Interest rate | 8.88% | 7% | 8.88% | 8.88% | 7% | 7% | ||||||||
Par/principal amount | $ 8,029 | $ 8,091 | ||||||||||||
Amortized cost | 7,913 | 7,950 | ||||||||||||
Investments, at fair value | $ 7,870 | $ 7,929 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 9.29% | 9.29% | 9.29% | |||||||||||
Par/principal amount | $ 6,186 | |||||||||||||
Amortized cost | 6,178 | |||||||||||||
Investments, at fair value | $ 6,082 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | 6.50% | ||||||||
Interest, PIK | 0.25% | 0.25% | 0.25% | |||||||||||
Interest rate | 8.78% | 7.50% | 8.78% | 8.78% | 7.50% | 7.50% | ||||||||
Par/principal amount | $ 3,111 | $ 3,267 | ||||||||||||
Amortized cost | 3,071 | 3,217 | ||||||||||||
Investments, at fair value | $ 2,955 | $ 3,189 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - USLS Acquisition, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | 5.50% | 5.50% | |||||||||||
Interest rate | 6.50% | 6.50% | 6.50% | |||||||||||
Par/principal amount | $ 6,234 | |||||||||||||
Amortized cost | 6,223 | |||||||||||||
Investments, at fair value | $ 6,165 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6.25% | 5.75% | 6.25% | 6.25% | 5.75% | 5.75% | ||||||||
Interest rate | 9.80% | 6.75% | 9.80% | 9.80% | 6.75% | 6.75% | ||||||||
Par/principal amount | $ 6,433 | $ 6,418 | ||||||||||||
Amortized cost | 6,374 | 6,337 | ||||||||||||
Investments, at fair value | $ 6,304 | $ 6,359 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - First Lien Debt - Wineshipping.com LLC - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.75% | 5.75% | 5.75% | |||||||||||
Interest rate | 7.63% | 7.63% | 7.63% | |||||||||||
Par/principal amount | $ 9,975 | |||||||||||||
Amortized cost | 9,618 | |||||||||||||
Investments, at fair value | $ 9,483 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AI Convoy S.A.R.L (United Kingdom) - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | 8.25% | ||||||||
Interest rate | 9.80% | 9.25% | 9.80% | 9.80% | 9.25% | 9.25% | ||||||||
Par/principal amount | $ 5,514 | $ 5,514 | ||||||||||||
Amortized cost | 5,422 | 5,413 | ||||||||||||
Investments, at fair value | $ 5,734 | $ 5,720 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AP Plastics Acquisition Holdings, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.49% | 8.25% | 10.49% | 10.49% | 8.25% | 8.25% | ||||||||
Par/principal amount | $ 4,500 | $ 4,500 | ||||||||||||
Amortized cost | 4,417 | 4,410 | ||||||||||||
Investments, at fair value | $ 4,406 | $ 4,526 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - AQA Acquisition Holdings, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | 7.50% | ||||||||
Interest rate | 10.57% | 8% | 10.57% | 10.57% | 8% | 8% | ||||||||
Par/principal amount | $ 5,000 | $ 5,000 | ||||||||||||
Amortized cost | 4,890 | 4,881 | ||||||||||||
Investments, at fair value | $ 4,843 | $ 5,004 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Quartz Holding Company - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | 8% | 8% | 8% | 8% | 8% | ||||||||
Interest rate | 11.12% | 8.10% | 11.12% | 11.12% | 8.10% | 8.10% | ||||||||
Par/principal amount | $ 4,852 | $ 4,852 | ||||||||||||
Amortized cost | 4,789 | 4,781 | ||||||||||||
Investments, at fair value | $ 4,821 | $ 4,852 | ||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | 8.25% | 8.25% | |||||||||||
Interest rate | 8.35% | 8.35% | 8.35% | |||||||||||
Par/principal amount | $ 5,514 | |||||||||||||
Amortized cost | 5,446 | |||||||||||||
Investments, at fair value | $ 5,569 | |||||||||||||
Investment, Identifier [Axis]: Credit Fund II - Second Lien Debt - World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Interest rate | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | 11.50% | ||||||||
Par/principal amount | $ 5,465 | $ 5,465 | ||||||||||||
Amortized cost | 5,379 | 5,368 | ||||||||||||
Investments, at fair value | 5,220 | 5,422 | ||||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 39,132 | 27,555 | $ 24,949 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (2) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 2,731 | 2,731 | 1,231 | |||||||||||
Investment, Identifier [Axis]: Direct Travel, Inc. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 0 | 0 | |||||||||||
Investment, Identifier [Axis]: Equity Investments, ANLG Holdings, LLC, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 592 | [3],[4] | 592 | [5],[6] | ||||||||||
Investments, at fair value | 649 | [1],[3],[4] | 821 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 4,861 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 4,843 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 4,457 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 4,662 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Atlas Ontario LP (Canada), Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 5,114 | [3],[4],[8] | 5,114 | [2],[5],[6] | ||||||||||
Investments, at fair value | 5,114 | [1],[3],[4],[8] | 5,114 | [2],[5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 104 | [3],[4] | 172 | [5],[6] | ||||||||||
Investments, at fair value | 548 | [1],[3],[4] | 491 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 9,461 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 9,461 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Blackbird Holdco, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 10,436 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 10,476 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Buckeye Parent, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 885 | [3],[4] | 885 | [5],[6] | ||||||||||
Investments, at fair value | 812 | [1],[3],[4] | 885 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, CIP Revolution Holdings, LLC, Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 318 | [3],[4] | 318 | [5],[6] | ||||||||||
Investments, at fair value | 181 | [1],[3],[4] | 205 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 433 | [3],[4] | 430 | [5],[6] | ||||||||||
Investments, at fair value | 639 | [1],[3],[4] | 691 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 250 | [3],[4],[8] | 250 | [5],[6] | ||||||||||
Investments, at fair value | 606 | [1],[3],[4],[8] | 454 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,000 | [3],[4] | 1,000 | [5],[6] | ||||||||||
Investments, at fair value | 0 | [1],[3],[4] | 0 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 11,468 | [3],[4] | 10,269 | [5],[6] | ||||||||||
Investments, at fair value | 10,900 | [1],[3],[4] | 10,256 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 0 | [3],[4],[9] | 0 | [5],[6],[10] | ||||||||||
Investments, at fair value | 0 | [1],[3],[4],[9] | 0 | [5],[6],[7],[10] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, ECP Parent, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 0 | [3],[4] | 0 | [5],[6] | ||||||||||
Investments, at fair value | 290 | [1],[3],[4] | 290 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, GB Vino Parent, L.P., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 351 | [3],[4] | 351 | [5],[6] | ||||||||||
Investments, at fair value | 261 | [1],[3],[4] | 351 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Integrity Marketing Group, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 15,993 | [3],[4] | 14,739 | [5],[6] | ||||||||||
Investments, at fair value | 16,086 | [1],[3],[4] | 14,738 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 306 | [3],[4] | 306 | [5],[6] | ||||||||||
Investments, at fair value | 903 | [1],[3],[4] | 652 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Legacy.com, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 1,500 | [3],[4] | 1,500 | [5],[6] | ||||||||||
Investments, at fair value | 1,125 | [1],[3],[4] | 1,178 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments, Mailgun Technologies, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 0 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,328 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 615 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 615 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, NearU Holdings LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 2,470 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,470 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 2,315 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,523 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, North Haven Goldfinch Topco, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 2,315 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 2,412 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 364 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 638 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Pascal Ultimate Holdings, L.P, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 364 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 364 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Picard Parent, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 8,189 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 8,189 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Profile Holdings I, LP - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 523 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 523 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Sinch AB (Sweden) - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 1,168 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 142 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, SolAero Technologies Corp., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Par/principal amount | [5],[6],[11] | 3 | ||||||||||||
Amortized cost | [5],[6],[11] | 2,815 | ||||||||||||
Investments, at fair value | [5],[6],[7],[11] | 0 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 1,558 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,296 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tailwind HMT Holdings Corp., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 1,558 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,719 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Talon MidCo 1 Limited - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 1,456 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 1,456 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 0 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,595 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 482 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 1,261 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc. - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 13,948 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 13,829 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Titan DI Preferred Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 12,587 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 12,971 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 933 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 2,416 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 933 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 2,773 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 641 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 940 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 518 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 610 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus) - Beverage & Food 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4],[8] | 133 | ||||||||||||
Investments, at fair value | [1],[3],[4],[8] | 175 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 481 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 648 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 133 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 209 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 190 | ||||||||||||
Investments, at fair value | [1],[3],[4] | 733 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, W50 Parent LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [5],[6] | 190 | ||||||||||||
Investments, at fair value | [5],[6],[7] | 763 | ||||||||||||
Investment, Identifier [Axis]: Equity Investments, Zenith American Holding, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | 761 | [3],[4] | 782 | [5],[6] | ||||||||||
Investments, at fair value | 1,068 | [1],[3],[4] | $ 1,456 | [5],[6],[7] | ||||||||||
Investment, Identifier [Axis]: Equity Investments,U.S. Legal Support Investment Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Amortized cost | [3],[4] | 641 | ||||||||||||
Investments, at fair value | [1],[3],[4] | $ 841 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, ADPD Holdings, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 9,937 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 9,665 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 9,661 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Advanced Web Technologies Holding Company - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.99% | 8.99% | 8.99% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 9,338 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 9,158 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 9,214 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Airnov, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 2,039 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,015 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,029 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Allied Universal Holdco LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 7.37% | 7.37% | 7.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 494 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 496 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 433 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Alpine Acquisition Corp II - Transportation: Cargo | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.42% | 8.42% | 8.42% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 20,054 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 19,668 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 19,292 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, American Physician Partners, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [4],[12],[13],[14],[16] | 13.39% | 13.39% | 13.39% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 29,856 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 29,855 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 29,757 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Analogic Corporation - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.07% | 8.07% | 8.07% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 2,459 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,443 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,395 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Applied Technical Services, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 530 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 520 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 526 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Appriss Health, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.93% | 9.93% | 9.93% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 36,877 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 36,234 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 35,954 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Apptio, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.46% | 8.46% | 8.46% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,131 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,064 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,131 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ascend Buyer, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 12,700 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 12,458 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 12,469 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Associations, Inc. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [4],[13],[14],[16] | 9.88% | 9.88% | 9.88% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 12,772 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 12,667 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 12,449 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Aurora Lux FinCo S.Á.R.L. (Luxembourg) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[8],[12],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[14],[16] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [4],[8],[12],[14],[16],[17] | $ 32,240 | ||||||||||||
Amortized cost | [4],[8],[12],[14],[16],[18] | 31,704 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[14],[16] | $ 30,319 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, BLUECAT NETWORKS (USA) INC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 3,165 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 3,089 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 3,087 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, BMS Holdings III Corp. - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.17% | 9.17% | 9.17% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 0 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | (153) | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ (137) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Barnes & Noble, Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16],[19] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[14],[16],[19] | |||||||||||||
Interest rate | [4],[14],[16],[19] | 11.36% | 11.36% | 11.36% | ||||||||||
Par/principal amount | [4],[14],[16],[17],[19] | $ 28,210 | ||||||||||||
Amortized cost | [4],[14],[16],[18],[19] | 27,385 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16],[19] | $ 27,468 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[8],[13],[14],[16] | 10.42% | 10.42% | 10.42% | ||||||||||
Par/principal amount | £ | [4],[8],[13],[14],[16],[17] | £ 4,700 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | $ 5,315 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 4,451 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Bubbles Bidco S.P.A. (Italy) - Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[13],[14],[16] | 7.42% | 7.42% | 7.42% | ||||||||||
Par/principal amount | £ | [4],[8],[13],[14],[16],[17] | £ 0 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | $ 0 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ (91) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chartis Holding, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 6.38% | 6.38% | 6.38% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 688 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 680 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 684 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Chemical Computing Group ULC (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[13],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[8],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[13],[14],[16] | 7.64% | 7.64% | 7.64% | ||||||||||
Par/principal amount | [4],[8],[12],[13],[14],[16],[17] | $ 463 | ||||||||||||
Amortized cost | [4],[8],[12],[13],[14],[16],[18] | 462 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[13],[14],[16] | $ 455 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 10,579 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 10,563 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 10,454 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, CircusTrix Holdings, LLC - Leisure Products & Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.62% | 8.62% | 8.62% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 558 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 501 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 558 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Comar Holding Company, LLC - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.39% | 9.39% | 9.39% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 26,239 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 26,032 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 24,978 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[12],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[8],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[12],[13],[14],[16] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [4],[8],[12],[13],[14],[16],[17] | $ 10,435 | ||||||||||||
Amortized cost | [4],[8],[12],[13],[14],[16],[18] | 10,283 | ||||||||||||
Investments, at fair value | [1],[4],[8],[12],[13],[14],[16] | $ 10,317 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Cority Software Inc. (Canada) - Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 9.78% | 9.78% | 9.78% | ||||||||||
Par/principal amount | [4],[8],[14],[16],[17] | $ 1,864 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | 1,825 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 1,855 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, DCA Investment Holding LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.97% | 9.97% | 9.97% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 13,876 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 13,715 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 13,353 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Denali Midco 2, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 9.45% | 9.45% | 9.45% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 7,143 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 6,845 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 6,843 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, DermaRite Industries, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16],[20] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[12],[14],[16],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[12],[14],[16],[20] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17],[20] | $ 20,766 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18],[20] | 20,775 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16],[20] | $ 13,534 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[15],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[14],[15],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[15],[16] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [4],[14],[15],[16],[17] | $ 26,871 | ||||||||||||
Amortized cost | [4],[14],[15],[16],[18] | 26,909 | ||||||||||||
Investments, at fair value | [1],[4],[14],[15],[16] | $ 26,784 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dermatology Associates - Healthcare & Pharmaceuticals 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16],[19],[20] | 9.50% | 9.50% | 9.50% | ||||||||||
Interest, PIK | [4],[14],[16],[19],[20] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[16],[19],[20] | 12.77% | 12.77% | 12.77% | ||||||||||
Par/principal amount | [4],[14],[16],[17],[19],[20] | $ 38,724 | ||||||||||||
Amortized cost | [4],[14],[16],[18],[19],[20] | 24,923 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16],[19],[20] | $ 23,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Diligent Corporation - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.11% | 9.11% | 9.11% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 670 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 657 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 648 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Dwyer Instruments, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.38% | 9.38% | 9.38% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,860 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 3,784 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 3,789 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, EPS Nass Parent, Inc. - Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 914 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 898 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 888 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Eliassen Group, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.30% | 9.30% | 9.30% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 1,584 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 1,516 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 1,522 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Ellkay, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.52% | 9.52% | 9.52% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 14,142 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 13,872 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 13,157 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Emergency Communications Network, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest rate | [4],[12],[14],[16] | 10.33% | 10.33% | 10.33% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 26,200 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 26,162 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 22,474 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, EvolveIP, LLC - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 5,570 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 5,567 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 5,472 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excel Fitness Holdings, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.08% | 8.08% | 8.08% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 6,296 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 6,162 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 6,044 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 8.58% | 8.58% | 8.58% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 3,117 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 3,048 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 3,047 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Excelitas Technologies Corp. - Capital Equipment 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 6.08% | 6.08% | 6.08% | ||||||||||
Par/principal amount | € | [4],[14],[16],[17] | € 1,275 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | $ 1,283 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 1,225 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, FPG Intermediate Holdco, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 9.20% | 9.20% | 9.20% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 428 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 343 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 341 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Frontline Technologies Holdings, LLC - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.89% | 8.89% | 8.89% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 3,029 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 3,023 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 3,029 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Greenhouse Software, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.95% | 9.95% | 9.95% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 32,796 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 32,040 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 31,815 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Guidehouse LLP - Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.37% | 9.37% | 9.37% | ||||||||||
Par/principal amount | £ | [4],[14],[16],[17] | £ 80 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | $ 78 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 78 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, HS Spa Holdings Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 7.51% | 7.51% | 7.51% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 8,627 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 8,437 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 8,348 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 5.26% | 5.26% | 5.26% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | 3.47% | 3.47% | 3.47% | ||||||||||
Interest rate | [4],[8],[14],[16] | 10.92% | 10.92% | 10.92% | ||||||||||
Par/principal amount | £ | [4],[8],[14],[16],[17] | £ 14,550 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | $ 18,934 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 15,800 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hadrian Acquisition Limited (United Kingdom) - Diversified Financial Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | 2.75% | 2.75% | 2.75% | ||||||||||
Interest rate | [4],[8],[13],[14],[16] | 9.94% | 9.94% | 9.94% | ||||||||||
Par/principal amount | [4],[8],[13],[14],[16],[17] | $ 3,317 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | 3,773 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 3,530 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Harbour Benefit Holdings, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.79% | 8.79% | 8.79% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,012 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 2,984 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 2,990 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,933 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,802 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,691 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Heartland Home Services, Inc - Consumer Services 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.12% | 9.12% | 9.12% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 7,207 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 7,140 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 7,146 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hercules Borrower LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 10.62% | 10.62% | 10.62% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 18,543 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 18,121 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 18,064 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Higginbotham Insurance Agency, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.37% | 8.37% | 8.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 441 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 426 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 433 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Hoosier Intermediate, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 10,734 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,514 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 10,109 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, IQN Holding Corp. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.41% | 8.41% | 8.41% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,783 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,708 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,733 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Individual FoodService Holdings, LLC - Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 12,261 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 12,009 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 12,085 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Infront Luxembourg Finance S.À R.L. (Luxembourg) - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 9.54% | 9.54% | 9.54% | ||||||||||
Par/principal amount | € | [4],[8],[14],[16],[17] | € 8,250 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | $ 9,795 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 7,924 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Jeg's Automotive, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.34% | 9.34% | 9.34% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 19,992 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 19,550 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 19,195 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, K2 Insurance Services, LLC - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.63% | 8.63% | 8.63% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 3,339 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 3,288 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 3,322 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Kaseya, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.28% | 8.28% | 8.28% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 35,453 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 34,704 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 34,594 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, LVF Holdings, Inc. - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 41,629 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 40,861 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 38,542 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Lifelong Learner Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.56% | 8.56% | 8.56% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 26,025 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 25,700 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 24,563 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, LinQuest Corporation - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.10% | 9.10% | 9.10% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 9,900 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 9,729 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 9,219 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Liqui-Box Holdings, Inc. - Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.76% | 8.76% | 8.76% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 2,086 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 2,076 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 1,919 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, MMIT Holdings, LLC - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 11,053 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,851 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 11,005 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Material Holdings, LLC - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.64% | 9.64% | 9.64% | ||||||||||
Par/principal amount | [15] | $ 8,101 | ||||||||||||
Amortized cost | [15] | 7,957 | ||||||||||||
Investments, at fair value | [15] | $ 7,667 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Maverick Acquisition, Inc. - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.92% | 9.92% | 9.92% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 35,712 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 35,035 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 31,230 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Medical Manufacturing Technologies, LLC - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.40% | 9.40% | 9.40% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 22,689 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 22,135 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 22,076 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NEFCO Holding Comapny LLC - Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.22% | 9.22% | 9.22% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 5,525 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 5,384 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 5,383 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NES Global Talent Finance US, LLC (United Kingdom) - Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[8],[14],[16] | |||||||||||||
Interest rate | [4],[8],[14],[16] | 8.31% | 8.31% | 8.31% | ||||||||||
Par/principal amount | [4],[8],[14],[16],[17] | $ 9,612 | ||||||||||||
Amortized cost | [4],[8],[14],[16],[18] | 9,587 | ||||||||||||
Investments, at fair value | [1],[4],[8],[14],[16] | $ 9,592 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, NMI AcquisitionCo, Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.87% | 8.87% | 8.87% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 40,019 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 39,956 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 39,040 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, North Haven Fairway Buyer, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.65% | 8.65% | 8.65% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 21,320 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 20,863 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 20,825 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Oak Purchaser, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 5,851 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 5,777 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 5,810 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Atlantic Holdco 2, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.77% | 8.77% | 8.77% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 2,106 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 1,857 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 1,856 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PF Growth Partners, LLC - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 7.71% | 7.71% | 7.71% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 7,977 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 7,916 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 7,900 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, PXO Holdings I Corp. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.21% | 8.21% | 8.21% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 17,111 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 16,756 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 16,494 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Performance Health Holdings, Inc. - Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 6,444 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 6,337 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 6,377 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project CastFirst Lien Debt, PPT Management Holdings, LLC - Healthcare & Pharmaceuticalsle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [4],[14],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[14],[16] | 12.25% | 12.25% | 12.25% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 28,665 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 28,656 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 22,762 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Project Castle, Inc. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.05% | 9.05% | 9.05% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 7,500 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 6,739 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 6,319 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Prophix Software Inc. (Canada) - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[8],[13],[14],[16] | |||||||||||||
Interest rate | [4],[8],[13],[14],[16] | 9.31% | 9.31% | 9.31% | ||||||||||
Par/principal amount | [4],[8],[13],[14],[16],[17] | $ 10,963 | ||||||||||||
Amortized cost | [4],[8],[13],[14],[16],[18] | 10,760 | ||||||||||||
Investments, at fair value | [1],[4],[8],[13],[14],[16] | $ 11,014 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, QW Holding Corporation - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 8.05% | 8.05% | 8.05% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 32,362 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 32,313 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 31,785 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.91% | 9.91% | 9.91% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 15,067 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 14,815 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 14,481 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Quantic Electronics, LLC - Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.89% | 9.89% | 9.89% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 9,854 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 9,664 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 9,413 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, RSC Acquisition, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 8.38% | 8.38% | 8.38% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17] | $ 10,905 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18] | 10,772 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16] | $ 10,376 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Regency Entertainment, Inc. - Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 20,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 19,747 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 19,746 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Riveron Acquisition Holdings, Inc. - Diversified Financial Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.42% | 9.42% | 9.42% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 1,680 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 1,650 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 1,680 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, SPay, Inc. - Leisure Products & Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | 3.50% | 3.50% | 3.50% | ||||||||||
Interest rate | [4],[12],[14],[16] | 12.34% | 12.34% | 12.34% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 24,252 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 24,117 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 21,683 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Sapphire Convention, Inc. - Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 9.77% | 9.77% | 9.77% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 28,462 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 28,160 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 26,729 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Smarsh Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 10.05% | 10.05% | 10.05% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 6,530 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 6,372 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 6,109 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Speedstar Holding, LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[14],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[12],[14],[16] | |||||||||||||
Interest rate | [4],[12],[14],[16] | 10.07% | 10.07% | 10.07% | ||||||||||
Par/principal amount | [4],[12],[14],[16],[17] | $ 26,763 | ||||||||||||
Amortized cost | [4],[12],[14],[16],[18] | 26,353 | ||||||||||||
Investments, at fair value | [1],[4],[12],[14],[16] | $ 26,697 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Spotless Brands, LLC - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.09% | 9.09% | 9.09% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 31,468 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 30,793 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 30,465 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, TCFI Aevex LLC - Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[16] | 8.69% | 8.69% | 8.69% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 11,075 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 10,918 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 8,894 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, TIBCO Software Inc. - High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8.09% | 8.09% | 8.09% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 15,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 13,650 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 13,441 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tank Holding Corp. - Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 37,836 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 37,100 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 36,576 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, The Carlstar Group LLC - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.15% | 9.15% | 9.15% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 14,629 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 14,252 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 14,267 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Trafigura Trading LLC - Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16],[21] | 8.35% | 8.35% | 8.35% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16],[21] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16],[21] | 12.11% | 12.11% | 12.11% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[16],[17],[21] | $ 6,871 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[16],[18],[21] | 6,765 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15],[16],[21] | $ 6,796 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Tufin Software North America, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[15],[16] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [4],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[13],[14],[15],[16] | 10.06% | 10.06% | 10.06% | ||||||||||
Par/principal amount | [4],[13],[14],[15],[17] | $ 26,851 | ||||||||||||
Amortized cost | [4],[13],[14],[15],[18] | 26,297 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[15] | $ 26,282 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Turbo Buyer, Inc. - Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 8.88% | 8.88% | 8.88% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 0 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | (93) | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ (117) | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, U.S. Legal Support, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[15],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [4],[12],[13],[14],[15],[16] | |||||||||||||
Interest rate | [4],[12],[13],[14],[15],[16] | 9.29% | 9.29% | 9.29% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[15],[16],[17] | $ 15,557 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[15],[16],[18] | 15,385 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[15],[16] | $ 15,244 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, US INFRA SVCS Buyer, LLC - Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [4],[14],[16] | 0.25% | 0.25% | 0.25% | ||||||||||
Interest rate | [4],[14],[16] | 8.78% | 8.78% | 8.78% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 9,078 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 8,965 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 8,622 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, USALCO, LLC - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [12],[14],[16] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [12],[14],[16] | |||||||||||||
Interest rate | [12],[14],[16] | 9.67% | 9.67% | 9.67% | ||||||||||
Par/principal amount | [12],[14],[16],[17] | $ 993 | ||||||||||||
Amortized cost | [12],[14],[16],[18] | 975 | ||||||||||||
Investments, at fair value | [1],[12],[14],[16] | $ 954 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, USR Parent Inc. - Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 7.60% | 7.60% | 7.60% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 10.11% | 10.11% | 10.11% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 4,333 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 4,293 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 4,148 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [4],[8],[16] | 1% | 1% | 1% | ||||||||||
Interest rate | [4],[8],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [4],[8],[17] | € 4,668 | ||||||||||||
Amortized cost | [4],[8],[18] | $ 4,988 | ||||||||||||
Investments, at fair value | [1],[4],[8] | $ 4,517 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Unifrutti Financing PLC (Cyprus) - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[8],[16] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [4],[8],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [4],[8],[16] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [4],[8],[17] | € 821 | ||||||||||||
Amortized cost | [4],[8],[18] | $ 928 | ||||||||||||
Investments, at fair value | [1],[4],[8] | $ 835 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [15] | $ 21,549 | ||||||||||||
Amortized cost | [15] | 21,429 | ||||||||||||
Investments, at fair value | [15] | $ 21,116 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Westfall Technik, Inc. - Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [15] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [15] | |||||||||||||
Interest rate | [15] | 9.80% | 9.80% | 9.80% | ||||||||||
Par/principal amount | [15] | $ 4,970 | ||||||||||||
Amortized cost | [15] | 4,888 | ||||||||||||
Investments, at fair value | [15] | $ 4,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Wineshipping.com LLC - Beverage & Food2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[12],[13],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [4],[12],[13],[14],[16] | 7.63% | 7.63% | 7.63% | ||||||||||
Par/principal amount | [4],[12],[13],[14],[16],[17] | $ 4,598 | ||||||||||||
Amortized cost | [4],[12],[13],[14],[16],[18] | 4,464 | ||||||||||||
Investments, at fair value | [1],[4],[12],[13],[14],[16] | $ 4,215 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, World 50, Inc. - Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[16],[22] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [4],[16],[22] | |||||||||||||
Interest rate | [4],[16],[22] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [4],[17],[22] | $ 18,552 | ||||||||||||
Amortized cost | [4],[18],[22] | 18,254 | ||||||||||||
Investments, at fair value | [1],[4],[22] | $ 17,723 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, YLG Holdings, Inc. - Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5% | 5% | 5% | ||||||||||
Interest rate | [4],[14],[16] | 7.78% | 7.78% | 7.78% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 1,966 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 1,921 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 1,961 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, Yellowstone Buyer Acquisition, LLC - Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest rate | [4],[14],[16] | 8.80% | 8.80% | 8.80% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 446 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 438 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 427 | ||||||||||||
Investment, Identifier [Axis]: First Lien Debt, iCIMS, Inc. - Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[13],[14],[16] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [4],[13],[14],[16] | |||||||||||||
Interest rate | [4],[13],[14],[16] | 9.48% | 9.48% | 9.48% | ||||||||||
Par/principal amount | [4],[13],[14],[16],[17] | $ 25,540 | ||||||||||||
Amortized cost | [4],[13],[14],[16],[18] | 25,058 | ||||||||||||
Investments, at fair value | [1],[4],[13],[14],[16] | $ 24,932 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Advanced Web Technologies Holding Company, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 7,177 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 6,970 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 7,297 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Airnov, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 1,862 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 1,833 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 1,862 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Allied Universal Holdco LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.25% | 4.25% | 4.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 4.46% | 4.46% | 4.46% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 497 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 500 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 498 | ||||||||||||
Investment, Identifier [Axis]: First Lien, American Physician Partners, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | 1.50% | 1.50% | 1.50% | ||||||||||
Interest rate | [5],[23],[24],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,908 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 27,886 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 27,908 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Analogic Corporation, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 2,434 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 2,412 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 2,408 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Applied Technical Services, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 536 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 525 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 536 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Appriss Health, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 43,247 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 42,406 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 43,295 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Apptio, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 6,131 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 6,044 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 6,130 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ascend Buyer, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 12,838 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 12,569 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 12,618 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Associations, Inc., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 4% | 4% | 4% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 11,570 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 11,457 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 11,599 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Aurora Lux FinCo S.Á.R.L. (Luxembourg), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [2],[5],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [2],[5],[24],[25],[26],[27] | $ 32,488 | ||||||||||||
Amortized cost | [2],[5],[24],[25],[26],[28] | 31,870 | ||||||||||||
Investments, at fair value | [2],[5],[7],[24],[25],[26] | $ 29,269 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Avenu Holdings, LLC, Sovereign & Public Finance | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 13,545 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 13,451 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 13,545 | ||||||||||||
Investment, Identifier [Axis]: First Lien, BMS Holdings III Corp., Construction & Building | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 0 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | (180) | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ (149) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Barnes & Noble, Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[29] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[25],[26],[29] | |||||||||||||
Interest rate | [5],[25],[26],[29] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[29] | $ 28,932 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[29] | 27,926 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[29] | $ 28,146 | ||||||||||||
Investment, Identifier [Axis]: First Lien, BlueCat Networks, Inc. (Canada), High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[24],[25],[26] | |||||||||||||
Interest rate | [2],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [2],[24],[25],[26],[27] | $ 11,468 | ||||||||||||
Amortized cost | [2],[24],[25],[26],[28] | 11,270 | ||||||||||||
Investments, at fair value | [2],[7],[24],[25],[26] | $ 11,583 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[5],[23],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | € | [2],[5],[23],[25],[26],[27] | € 4,700 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ 5,312 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 5,167 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Bubbles Bidco S.P.A. (Italy), Consumer Goods: Non-Durable 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | € | [2],[5],[23],[25],[26],[27] | € 0 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ (9) | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ (9) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Captive Resources Midco, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 10,223 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,104 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 10,152 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chartis Holding, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 694 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 686 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 694 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chemical Computing Group ULC (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[24],[25],[26] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [2],[5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [2],[5],[23],[24],[25],[26],[27] | $ 466 | ||||||||||||
Amortized cost | [2],[5],[23],[24],[25],[26],[28] | 465 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[24],[25],[26] | $ 464 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Chudy Group, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 826 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 812 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 841 | ||||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[24],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 10,544 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 10,523 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 9,415 | ||||||||||||
Investment, Identifier [Axis]: First Lien, CircusTrix Holdings, LLC, Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 697 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 640 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 697 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cobblestone Intermediate Holdco LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 723 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 718 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 712 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Comar Holding Company, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 26,443 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,152 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 25,855 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [2],[5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [2],[5],[23],[24],[25],[26],[27] | $ 10,515 | ||||||||||||
Amortized cost | [2],[5],[23],[24],[25],[26],[28] | 10,334 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[24],[25],[26] | $ 10,510 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Cority Software Inc. (Canada), Software 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 1,879 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 1,833 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 1,900 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DCA Investment Holding, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 10,841 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,680 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 10,777 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DTI Holdco, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,934 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,883 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,907 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Derm Growth Partners III, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[30] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[25],[26],[30] | |||||||||||||
Interest rate | [5],[25],[26],[30] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[30] | $ 55,808 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[30] | 50,996 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[30] | $ 37,471 | ||||||||||||
Investment, Identifier [Axis]: First Lien, DermaRite Industries, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 19,558 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 19,546 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 15,961 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Designer Brands Inc., Retail | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 9.75% | 9.75% | 9.75% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 17,046 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 16,718 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 16,846 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Diligent Corporation, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 603 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 588 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 615 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [4],[9],[12],[14],[16] | 1% | [5],[10],[24],[25],[26],[30] | 8.50% | [4],[9],[12],[14],[16] | 8.50% | [4],[9],[12],[14],[16] | 1% | [5],[10],[24],[25],[26],[30] | 1% | [5],[10],[24],[25],[26],[30] | ||
Interest, PIK | [4],[9],[12],[14],[16] | 7.50% | [5],[10],[24],[25],[26],[30] | [4],[9],[12],[14],[16] | [4],[9],[12],[14],[16] | 7.50% | [5],[10],[24],[25],[26],[30] | 7.50% | [5],[10],[24],[25],[26],[30] | |||||
Interest rate | 12.17% | [4],[9],[12],[14],[16] | 9.50% | [5],[10],[24],[25],[26],[30] | 12.17% | [4],[9],[12],[14],[16] | 12.17% | [4],[9],[12],[14],[16] | 9.50% | [5],[10],[24],[25],[26],[30] | 9.50% | [5],[10],[24],[25],[26],[30] | ||
Par/principal amount | $ 43,520 | [4],[9],[12],[14],[16],[17] | $ 36,711 | [5],[10],[24],[25],[26],[27],[30] | ||||||||||
Amortized cost | 41,874 | [4],[9],[12],[14],[16],[18] | 35,859 | [5],[10],[24],[25],[26],[28],[30] | ||||||||||
Investments, at fair value | $ 39,132 | [1],[4],[9],[12],[14],[16] | $ 27,555 | [5],[7],[10],[24],[25],[26],[30] | ||||||||||
Investment, Identifier [Axis]: First Lien, Direct Travel, Inc., Hotel, Gaming & Leisure 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 6% | [4],[9],[13],[14],[16] | 6% | [5],[10],[23],[25],[26] | 6% | [4],[9],[13],[14],[16] | 6% | [4],[9],[13],[14],[16] | 6% | [5],[10],[23],[25],[26] | 6% | [5],[10],[23],[25],[26] | ||
Interest, PIK | [4],[9],[13],[14],[16] | [5],[10],[23],[25],[26] | [4],[9],[13],[14],[16] | [4],[9],[13],[14],[16] | [5],[10],[23],[25],[26] | [5],[10],[23],[25],[26] | ||||||||
Interest rate | 8.34% | [4],[9],[13],[14],[16] | 7% | [5],[10],[23],[25],[26] | 8.34% | [4],[9],[13],[14],[16] | 8.34% | [4],[9],[13],[14],[16] | 7% | [5],[10],[23],[25],[26] | 7% | [5],[10],[23],[25],[26] | ||
Par/principal amount | $ 2,731 | [4],[9],[13],[14],[16],[17] | $ 2,731 | [5],[10],[23],[25],[26],[27] | ||||||||||
Amortized cost | 2,603 | [4],[9],[13],[14],[16],[18] | 2,603 | [5],[10],[23],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 2,731 | [1],[4],[9],[13],[14],[16] | $ 2,731 | [5],[7],[10],[23],[25],[26] | ||||||||||
Investment, Identifier [Axis]: First Lien, Dwyer Instruments, Inc, Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 2,463 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 2,383 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 2,452 | ||||||||||||
Investment, Identifier [Axis]: First Lien, EPS Nass Parent, Inc., Utilities: Electric | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 887 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 869 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 878 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ellkay, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 14,249 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 13,943 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 13,923 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Emergency Communications Network, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 2.625% | 2.625% | 2.625% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | 5.125% | 5.125% | 5.125% | ||||||||||
Interest rate | [5],[24],[25],[26] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 25,261 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 25,201 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 21,814 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Ethos Veterinary Health LLC, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 4.75% | 4.75% | 4.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 4.85% | 4.85% | 4.85% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 2,586 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 2,569 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 2,586 | ||||||||||||
Investment, Identifier [Axis]: First Lien, EvolveIP, LLC, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 5,468 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 5,461 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 5,436 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Frontline Technologies Holdings, LLC, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 3,068 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 3,056 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 3,068 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Greenhouse Software, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 15,196 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 14,858 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 14,870 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Harbour Benefit Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 9,451 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 9,377 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 9,336 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Heartland Home Services, Inc, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 7,314 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 7,169 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 7,371 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Hercules Borrower LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 18,453 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 17,987 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 18,865 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Higginbotham Insurance Agency, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 4,978 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 4,916 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 4,978 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Hoosier Intermediate, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 16,479 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 16,108 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 16,101 | ||||||||||||
Investment, Identifier [Axis]: First Lien, IQN First Lien Debt, Integrity Marketing Acquisition, LLC - Diversified Financial ServicesCorp.^, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 430 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 425 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 409 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Individual FoodService Holdings, LLC, Wholesale | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 8,129 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 7,958 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,143 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Infront Luxembourg Finance S.À R.L. (Luxembourg), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 9% | 9% | 9% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | € | [2],[5],[25],[26],[27] | € 8,250 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | $ 9,777 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 9,134 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 4,920 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 4,864 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 4,896 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Integrity Marketing Acquisition, LLC, Banking, Finance, Insurance & Real Estate 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 0 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | (75) | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ (51) | ||||||||||||
Investment, Identifier [Axis]: First Lien, Jeg's Automotive, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 30,000 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 29,203 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 29,200 | ||||||||||||
Investment, Identifier [Axis]: First Lien, K2 Insurance Services, LLC, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5% | 5% | 5% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 3,364 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 3,305 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 3,357 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Kaseya, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | 1% | 1% | 1% | ||||||||||
Interest rate | [5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 18,972 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 18,716 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 18,848 | ||||||||||||
Investment, Identifier [Axis]: First Lien, LVF Holdings, Inc., Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 41,227 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 40,356 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 40,056 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Lifelong Learner Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 26,210 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 25,830 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 24,035 | ||||||||||||
Investment, Identifier [Axis]: First Lien, LinQuest Corporation, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 9,975 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 9,785 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 9,816 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Liqui-Box Holdings, Inc., Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 4.50% | 4.50% | 4.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 1,490 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 1,475 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 1,229 | ||||||||||||
Investment, Identifier [Axis]: First Lien, MMIT Holdings, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 11,087 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 10,858 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 10,853 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Material Holdings, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 6,906 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 6,741 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 6,800 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Maverick Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 35,962 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 35,192 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 35,061 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Medical Manufacturing Technologies, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 21,280 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 20,654 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 20,652 | ||||||||||||
Investment, Identifier [Axis]: First Lien, NES Global Talent Finance US, LLC (United Kingdom), Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | |||||||||||||
Interest rate | [2],[5],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [2],[5],[25],[26],[27] | $ 9,688 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | 9,634 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 9,424 | ||||||||||||
Investment, Identifier [Axis]: First Lien, NMI AcquisitionCo, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 40,335 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 40,206 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 39,822 | ||||||||||||
Investment, Identifier [Axis]: First Lien, National Technical Systems, Inc, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 1,167 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 1,151 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 1,167 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PF Atlantic Holdco 2, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,723 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,941 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 26,923 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PF Growth Partners, LLC, Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 8,039 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 7,962 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 7,922 | ||||||||||||
Investment, Identifier [Axis]: First Lien, PPT Management Holdings, LLC, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[25],[26] | 2% | 2% | 2% | ||||||||||
Interest rate | [5],[25],[26] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 28,366 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 28,326 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 24,166 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Performance Health Holdings, Inc, Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 7,182 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 7,048 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 7,083 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Product Quest Manufacturing, LLC, Containers, Packaging & Glass | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26],[30] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[25],[26],[30] | |||||||||||||
Interest rate | [5],[25],[26],[30] | 10% | 10% | 10% | ||||||||||
Par/principal amount | [5],[25],[26],[27],[30] | $ 840 | ||||||||||||
Amortized cost | [5],[25],[26],[28],[30] | 840 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26],[30] | $ 840 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Prophix Software Inc. (Canada), Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | |||||||||||||
Interest rate | [2],[5],[23],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [2],[5],[23],[25],[26],[27] | $ 10,963 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | 10,735 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 11,093 | ||||||||||||
Investment, Identifier [Axis]: First Lien, QW Holding Corporation, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 42,671 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 42,530 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 41,933 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 14,625 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 14,333 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 14,418 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Quantic Electronics, LLC, Aerospace & Defense 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 8,882 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 8,662 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,727 | ||||||||||||
Investment, Identifier [Axis]: First Lien, RSC Acquisition, Inc., Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 8,533 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 8,395 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 8,577 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Redwood Services Group, LLC, High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 30,885 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 30,562 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 30,884 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Regency Entertainment, Inc., Media: Diversified & Production | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.75% | 7.75% | 7.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 20,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 19,700 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 19,666 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Riveron Acquisition Holdings, Inc, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 11,401 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 11,262 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 11,401 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SPay, Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 2.30% | 2.30% | 2.30% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | 6.95% | 6.95% | 6.95% | ||||||||||
Interest rate | [5],[23],[24],[25],[26] | 10.25% | 10.25% | 10.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 23,005 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 22,809 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 20,218 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Sapphire Convention, Inc., Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 29,906 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 29,530 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 25,528 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A1 Term Loan), Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[25],[26],[30] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [5],[11],[25],[26],[30] | 100% | 100% | 100% | ||||||||||
Interest rate | [5],[11],[25],[26],[30] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[11],[25],[26],[30] | $ 3,166 | ||||||||||||
Amortized cost | [5],[11],[25],[26],[28],[30] | 3,166 | ||||||||||||
Investments, at fair value | [5],[7],[11],[25],[26],[30] | $ 2,850 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (A2 Term Loan), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[25],[26],[30] | 8% | 8% | 8% | ||||||||||
Interest, PIK | [5],[11],[25],[26],[30] | 100% | 100% | 100% | ||||||||||
Interest rate | [5],[11],[25],[26],[30] | 9% | 9% | 9% | ||||||||||
Par/principal amount | [5],[11],[25],[26],[30] | $ 8,707 | ||||||||||||
Amortized cost | [5],[11],[25],[26],[28],[30] | 8,707 | ||||||||||||
Investments, at fair value | [5],[7],[11],[25],[26],[30] | $ 7,835 | ||||||||||||
Investment, Identifier [Axis]: First Lien, SolAero Technologies Corp. (Priority Facilities), Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[11],[23],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[11],[23],[25],[26] | |||||||||||||
Interest rate | [5],[11],[23],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[11],[23],[25],[26] | $ 2,251 | ||||||||||||
Amortized cost | [5],[11],[23],[25],[26],[28] | 2,240 | ||||||||||||
Investments, at fair value | [5],[7],[11],[23],[25],[26] | $ 2,251 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Speedstar Holding, LLC, Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 8% | 8% | 8% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 27,225 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 26,686 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 27,535 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Superior Health Linens, LLC, Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 16,211 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 16,205 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 16,211 | ||||||||||||
Investment, Identifier [Axis]: First Lien, TCFI Aevex LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 11,168 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 10,979 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 9,276 | ||||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan B, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[5],[25],[26] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[5],[25],[26],[27] | £ 21,299 | ||||||||||||
Amortized cost | [2],[5],[25],[26],[28] | $ 26,328 | ||||||||||||
Investments, at fair value | [2],[5],[7],[25],[26] | $ 28,830 | ||||||||||||
Investment, Identifier [Axis]: First Lien, The Leaders Romans Bidco Limited (United Kingdom) Term Loan C, Banking, Finance, Insurance & Real Estate | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[23],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [2],[5],[23],[25],[26] | 2.50% | 2.50% | 2.50% | ||||||||||
Interest rate | [2],[5],[23],[25],[26] | 9.50% | 9.50% | 9.50% | ||||||||||
Par/principal amount | £ | [2],[5],[23],[25],[26],[27] | £ 6,164 | ||||||||||||
Amortized cost | [2],[5],[23],[25],[26],[28] | $ 7,855 | ||||||||||||
Investments, at fair value | [2],[5],[7],[23],[25],[26] | $ 9,847 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Trafigura Trading LLC, Metals & Mining | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26],[31] | 8.40% | 8.40% | 8.40% | ||||||||||
Interest, PIK | [5],[23],[25],[26],[31] | |||||||||||||
Interest rate | [5],[23],[25],[26],[31] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27],[31] | $ 2,236 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28],[31] | 2,237 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26],[31] | $ 2,086 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Turbo Buyer, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 20,377 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 20,002 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 19,945 | ||||||||||||
Investment, Identifier [Axis]: First Lien, US INFRA SVCS Buyer, LLC, Environmental Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 9,137 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 8,677 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 8,387 | ||||||||||||
Investment, Identifier [Axis]: First Lien, USALCO, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [24],[25],[26] | 6% | 6% | 6% | ||||||||||
Interest, PIK | [24],[25],[26] | |||||||||||||
Interest rate | [24],[25],[26] | 7% | 7% | 7% | ||||||||||
Par/principal amount | [24],[25],[26],[27] | $ 1,000 | ||||||||||||
Amortized cost | [24],[25],[26],[28] | 981 | ||||||||||||
Investments, at fair value | [7],[24],[25],[26] | $ 981 | ||||||||||||
Investment, Identifier [Axis]: First Lien, USLS Acquisition, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[25],[26] | 5.50% | 5.50% | 5.50% | ||||||||||
Interest, PIK | [5],[23],[25],[26] | |||||||||||||
Interest rate | [5],[23],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Par/principal amount | [5],[23],[25],[26],[27] | $ 15,279 | ||||||||||||
Amortized cost | [5],[23],[25],[26],[28] | 15,101 | ||||||||||||
Investments, at fair value | [5],[7],[23],[25],[26] | $ 15,098 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[16] | 7.50% | 7.50% | 7.50% | ||||||||||
Interest, PIK | [2],[5],[16] | 1% | 1% | 1% | ||||||||||
Interest rate | [2],[5],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Par/principal amount | € | [2],[5],[27] | € 4,621 | ||||||||||||
Amortized cost | [2],[5],[28] | $ 4,917 | ||||||||||||
Investments, at fair value | [2],[5],[7] | $ 5,353 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Unifrutti Financing PLC (Cyprus), Beverage, Food & Tobacco 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [2],[5],[16] | 11% | 11% | 11% | ||||||||||
Interest, PIK | [2],[5],[16] | 100% | 100% | 100% | ||||||||||
Interest rate | [2],[5],[16] | 11% | 11% | 11% | ||||||||||
Par/principal amount | € | [2],[5],[27] | € 756 | ||||||||||||
Amortized cost | [2],[5],[28] | $ 858 | ||||||||||||
Investments, at fair value | [2],[5],[7] | $ 887 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 21,477 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 21,313 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 21,277 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Westfall Technik, Inc., Chemicals, Plastics & Rubber 2 | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.25% | 7.25% | 7.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 4,958 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 4,865 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 4,929 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Wineshipping.com LLC, Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[23],[24],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[23],[24],[25],[26] | |||||||||||||
Interest rate | [5],[23],[24],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[23],[24],[25],[26],[27] | $ 14,459 | ||||||||||||
Amortized cost | [5],[23],[24],[25],[26],[28] | 14,111 | ||||||||||||
Investments, at fair value | [5],[7],[23],[24],[25],[26] | $ 14,111 | ||||||||||||
Investment, Identifier [Axis]: First Lien, YLG Holdings, Inc., Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.25% | 5.25% | 5.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.25% | 6.25% | 6.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,980 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,930 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,980 | ||||||||||||
Investment, Identifier [Axis]: First Lien, Yellowstone Buyer Acquisition, LLC, Consumer Goods: Durable | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 5.75% | 5.75% | 5.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 6.75% | 6.75% | 6.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 449 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 440 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 440 | ||||||||||||
Investment, Identifier [Axis]: First Lien, iCIMS, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 6.50% | 6.50% | 6.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 7.50% | 7.50% | 7.50% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 1,671 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 1,652 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 1,670 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [4],[8],[16],[32] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [4],[8],[17],[32] | $ 78,122 | ||||||||||||
Amortized cost | [4],[8],[32] | 78,096 | ||||||||||||
Investments, at fair value | [1],[4],[8],[32] | $ 74,997 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund II, LLC, Member's Interest, Telecommunications | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | [2],[5],[11],[26] | 0% | 0% | 0% | ||||||||||
Par/principal amount | [2],[5],[11] | $ 78,122 | ||||||||||||
Amortized cost | [2],[5],[11] | 78,096 | ||||||||||||
Investments, at fair value | [2],[5],[11] | $ 77,958 | ||||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, LLC, Subordinated Loan and Member's Interest, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest rate | 0% | [4],[8],[16],[32] | 0% | [2],[5],[11],[26] | 0% | [4],[8],[16],[32] | 0% | [4],[8],[16],[32] | 0% | [2],[5],[11],[26] | 0% | [2],[5],[11],[26] | ||
Par/principal amount | $ 193,000 | [4],[8],[17],[32] | $ 193,000 | [2],[5],[11] | ||||||||||
Amortized cost | 193,001 | [4],[8],[32] | 193,000 | [2],[5],[11] | ||||||||||
Investments, at fair value | $ 189,603 | [1],[4],[8],[32] | $ 184,141 | [2],[5],[11] | ||||||||||
Investment, Identifier [Axis]: Investment Funds, Middle Market Credit Fund, Mezzanine Loan, Investment Funds | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9% | [8],[14],[16],[22],[32] | 9% | [2],[5],[11],[26],[33] | 9% | [8],[14],[16],[22],[32] | 9% | [8],[14],[16],[22],[32] | 9% | [2],[5],[11],[26],[33] | 9% | [2],[5],[11],[26],[33] | ||
Interest, PIK | [2],[5],[11],[26],[33] | 1% | 1% | 1% | ||||||||||
Interest rate | 12.14% | [8],[14],[16],[22],[32] | 9.21% | [2],[5],[11],[26],[33] | 12.14% | [8],[14],[16],[22],[32] | 12.14% | [8],[14],[16],[22],[32] | 9.21% | [2],[5],[11],[26],[33] | 9.21% | [2],[5],[11],[26],[33] | ||
Par/principal amount | $ 0 | [8],[14],[16],[17],[22],[32] | $ 0 | [2],[5],[11],[26],[33] | ||||||||||
Amortized cost | 0 | [8],[14],[16],[22],[32] | 0 | [2],[5],[11],[26],[33] | ||||||||||
Investments, at fair value | 0 | [1],[8],[14],[16],[22],[32] | 0 | [2],[5],[11],[26],[33] | ||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund II LLC, Member's Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 74,997 | 77,958 | 77,395 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 0 | ||||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 189,603 | 184,141 | 205,891 | |||||||||||
Investment, Identifier [Axis]: Middle Market Credit Fund, Mezzanine Loan | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | $ 0 | $ 0 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, 11852604 Canada Inc. (Canada), Healthcare & Pharmaceuticals | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 9.50% | [4],[8],[14],[16] | 9.50% | [2],[5],[25],[26] | 9.50% | [4],[8],[14],[16] | 9.50% | [4],[8],[14],[16] | 9.50% | [2],[5],[25],[26] | 9.50% | [2],[5],[25],[26] | ||
Interest, PIK | 100% | [4],[8],[14],[16] | 100% | [2],[5],[25],[26] | 100% | [4],[8],[14],[16] | 100% | [4],[8],[14],[16] | 100% | [2],[5],[25],[26] | 100% | [2],[5],[25],[26] | ||
Interest rate | 13.17% | [4],[8],[14],[16] | 10.50% | [2],[5],[25],[26] | 13.17% | [4],[8],[14],[16] | 13.17% | [4],[8],[14],[16] | 10.50% | [2],[5],[25],[26] | 10.50% | [2],[5],[25],[26] | ||
Par/principal amount | $ 7,343 | [4],[8],[14],[16],[17] | $ 6,590 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | 7,201 | [4],[8],[14],[16],[18] | 6,432 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 7,141 | [1],[4],[8],[14],[16] | $ 6,425 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AI Convoy S.A.R.L (United Kingdom), Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.25% | [4],[8],[14],[16] | 8.25% | [2],[5],[25],[26] | 8.25% | [4],[8],[14],[16] | 8.25% | [4],[8],[14],[16] | 8.25% | [2],[5],[25],[26] | 8.25% | [2],[5],[25],[26] | ||
Interest, PIK | [4],[8],[14],[16] | [2],[5],[25],[26] | [4],[8],[14],[16] | [4],[8],[14],[16] | [2],[5],[25],[26] | [2],[5],[25],[26] | ||||||||
Interest rate | 9.80% | [4],[8],[14],[16] | 9.25% | [2],[5],[25],[26] | 9.80% | [4],[8],[14],[16] | 9.80% | [4],[8],[14],[16] | 9.25% | [2],[5],[25],[26] | 9.25% | [2],[5],[25],[26] | ||
Par/principal amount | $ 24,814 | [4],[8],[14],[16],[17] | $ 24,814 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | 24,402 | [4],[8],[14],[16],[18] | 24,359 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 25,806 | [1],[4],[8],[14],[16] | $ 25,744 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AP Plastics Acquisition Holdings, LLC, Chemicals, Plastics & Rubber | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [4],[14],[16] | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [5],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 10.49% | [4],[14],[16] | 8.25% | [5],[25],[26] | 10.49% | [4],[14],[16] | 10.49% | [4],[14],[16] | 8.25% | [5],[25],[26] | 8.25% | [5],[25],[26] | ||
Par/principal amount | $ 33,680 | [4],[14],[16],[17] | $ 33,680 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 32,851 | [4],[14],[16],[18] | 32,786 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 32,974 | [1],[4],[14],[16] | $ 33,868 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, AQA Acquisition Holdings, Inc., High Tech Industries | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.57% | [4],[12],[14],[16] | 8% | [5],[24],[25],[26] | 10.57% | [4],[12],[14],[16] | 10.57% | [4],[12],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [5],[24],[25],[26] | ||
Par/principal amount | $ 35,000 | [4],[12],[14],[16],[17] | $ 35,000 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 34,250 | [4],[12],[14],[16],[18] | 34,190 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 33,902 | [1],[4],[12],[14],[16] | $ 35,027 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Aimbridge Acquisition Co., Inc., Hotel, Gaming & Leisure | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [4],[14],[16] | 7.50% | [4],[14],[16] | 7.50% | [5],[25],[26] | 7.50% | [5],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 10.06% | [4],[14],[16] | 7.60% | [5],[25],[26] | 10.06% | [4],[14],[16] | 10.06% | [4],[14],[16] | 7.60% | [5],[25],[26] | 7.60% | [5],[25],[26] | ||
Par/principal amount | $ 9,241 | [4],[14],[16],[17] | $ 9,241 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 9,138 | [4],[14],[16],[18] | 9,123 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 8,105 | [1],[4],[14],[16] | $ 8,606 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Blackbird Purchaser, Inc., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[13],[14],[16] | 7.50% | [5],[23],[25],[26] | 7.50% | [4],[13],[14],[16] | 7.50% | [4],[13],[14],[16] | 7.50% | [5],[23],[25],[26] | 7.50% | [5],[23],[25],[26] | ||
Interest, PIK | [4],[13],[14],[16] | [5],[23],[25],[26] | [4],[13],[14],[16] | [4],[13],[14],[16] | [5],[23],[25],[26] | [5],[23],[25],[26] | ||||||||
Interest rate | 10.62% | [4],[13],[14],[16] | 8.25% | [5],[23],[25],[26] | 10.62% | [4],[13],[14],[16] | 10.62% | [4],[13],[14],[16] | 8.25% | [5],[23],[25],[26] | 8.25% | [5],[23],[25],[26] | ||
Par/principal amount | $ 13,791 | [4],[13],[14],[16],[17] | $ 13,790 | [5],[23],[25],[26],[27] | ||||||||||
Amortized cost | 13,470 | [4],[13],[14],[16],[18] | 13,423 | [5],[23],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 13,108 | [1],[4],[13],[14],[16] | $ 13,423 | [5],[7],[23],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Brave Parent Holdings, Inc., Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.62% | [4],[12],[14],[16] | 7.60% | [5],[24],[25],[26] | 10.62% | [4],[12],[14],[16] | 10.62% | [4],[12],[14],[16] | 7.60% | [5],[24],[25],[26] | 7.60% | [5],[24],[25],[26] | ||
Par/principal amount | $ 18,197 | [4],[12],[14],[16],[17] | $ 18,197 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 17,958 | [4],[12],[14],[16],[18] | 17,916 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 17,704 | [1],[4],[12],[14],[16] | $ 18,197 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc, Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 11.37% | 11.37% | 11.37% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 18,600 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 18,266 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | $ 18,693 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Drilling Info Holdings, Inc., Energy: Oil & Gas | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 18,600 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 18,212 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 18,786 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Jazz Acquisition, Inc., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [4],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [4],[14],[16] | 8% | [4],[14],[16] | 8% | [5],[24],[25],[26] | 8% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[14],[16] | [5],[24],[25],[26] | [4],[14],[16] | [4],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 11.12% | [4],[14],[16] | 8.10% | [5],[24],[25],[26] | 11.12% | [4],[14],[16] | 11.12% | [4],[14],[16] | 8.10% | [5],[24],[25],[26] | 8.10% | [5],[24],[25],[26] | ||
Par/principal amount | $ 23,450 | [4],[14],[16],[17] | $ 23,450 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 23,217 | [4],[14],[16],[18] | 23,188 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 21,544 | [1],[4],[14],[16] | $ 20,828 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Outcomes Group Holdings, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [4],[12],[14],[16] | 7.50% | [4],[12],[14],[16] | 7.50% | [5],[24],[25],[26] | 7.50% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 11.17% | [4],[12],[14],[16] | 7.85% | [5],[24],[25],[26] | 11.17% | [4],[12],[14],[16] | 11.17% | [4],[12],[14],[16] | 7.85% | [5],[24],[25],[26] | 7.85% | [5],[24],[25],[26] | ||
Par/principal amount | $ 1,731 | [4],[12],[14],[16],[17] | $ 1,731 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 1,728 | [4],[12],[14],[16],[18] | 1,728 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 1,731 | [1],[4],[12],[14],[16] | $ 1,731 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, PAI Holdco, Inc., Automotive | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 5.50% | [4],[14],[16] | 5.50% | [5],[25],[26] | 5.50% | [4],[14],[16] | 5.50% | [4],[14],[16] | 5.50% | [5],[25],[26] | 5.50% | [5],[25],[26] | ||
Interest, PIK | 2% | [4],[14],[16] | 2% | [5],[25],[26] | 2% | [4],[14],[16] | 2% | [4],[14],[16] | 2% | [5],[25],[26] | 2% | [5],[25],[26] | ||
Interest rate | 10.31% | [4],[14],[16] | 8.50% | [5],[25],[26] | 10.31% | [4],[14],[16] | 10.31% | [4],[14],[16] | 8.50% | [5],[25],[26] | 8.50% | [5],[25],[26] | ||
Par/principal amount | $ 14,016 | [4],[14],[16],[17] | $ 13,806 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 13,688 | [4],[14],[16],[18] | 13,446 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 13,889 | [1],[4],[14],[16] | $ 13,806 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Peraton Corp., Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 7.75% | [4],[12],[14],[16] | 7.75% | [5],[24],[25],[26] | 7.75% | [4],[12],[14],[16] | 7.75% | [4],[12],[14],[16] | 7.75% | [5],[24],[25],[26] | 7.75% | [5],[24],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[24],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[24],[25],[26] | [5],[24],[25],[26] | ||||||||
Interest rate | 10.57% | [4],[12],[14],[16] | 8.50% | [5],[24],[25],[26] | 10.57% | [4],[12],[14],[16] | 10.57% | [4],[12],[14],[16] | 8.50% | [5],[24],[25],[26] | 8.50% | [5],[24],[25],[26] | ||
Par/principal amount | $ 11,941 | [4],[12],[14],[16],[17] | $ 12,300 | [5],[24],[25],[26],[27] | ||||||||||
Amortized cost | 11,785 | [4],[12],[14],[16],[18] | 12,126 | [5],[24],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 11,394 | [1],[4],[12],[14],[16] | $ 12,345 | [5],[7],[24],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Quartz Holding Company, Software | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8% | [4],[12],[14],[16] | 8% | [5],[25],[26] | 8% | [4],[12],[14],[16] | 8% | [4],[12],[14],[16] | 8% | [5],[25],[26] | 8% | [5],[25],[26] | ||
Interest, PIK | [4],[12],[14],[16] | [5],[25],[26] | [4],[12],[14],[16] | [4],[12],[14],[16] | [5],[25],[26] | [5],[25],[26] | ||||||||
Interest rate | 11.12% | [4],[12],[14],[16] | 8.10% | [5],[25],[26] | 11.12% | [4],[12],[14],[16] | 11.12% | [4],[12],[14],[16] | 8.10% | [5],[25],[26] | 8.10% | [5],[25],[26] | ||
Par/principal amount | $ 7,048 | [4],[12],[14],[16],[17] | $ 7,048 | [5],[25],[26],[27] | ||||||||||
Amortized cost | 6,949 | [4],[12],[14],[16],[18] | 6,945 | [5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 7,003 | [1],[4],[12],[14],[16] | $ 7,048 | [5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Stonegate Pub Company Bidco Limited (United Kingdom), Beverage, Food & Tobacco | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | 8.50% | [4],[8],[14],[16] | 8.50% | [2],[5],[25],[26] | 8.50% | [4],[8],[14],[16] | 8.50% | [4],[8],[14],[16] | 8.50% | [2],[5],[25],[26] | 8.50% | [2],[5],[25],[26] | ||
Interest, PIK | [4],[8],[14],[16] | [2],[5],[25],[26] | [4],[8],[14],[16] | [4],[8],[14],[16] | [2],[5],[25],[26] | [2],[5],[25],[26] | ||||||||
Interest rate | 9.44% | [4],[8],[14],[16] | 8.60% | [2],[5],[25],[26] | 9.44% | [4],[8],[14],[16] | 9.44% | [4],[8],[14],[16] | 8.60% | [2],[5],[25],[26] | 8.60% | [2],[5],[25],[26] | ||
Par/principal amount | £ | £ 20,000 | [4],[8],[14],[16],[17] | £ 20,000 | [2],[5],[25],[26],[27] | ||||||||||
Amortized cost | $ 24,830 | [4],[8],[14],[16],[18] | $ 24,787 | [2],[5],[25],[26],[28] | ||||||||||
Investments, at fair value | $ 20,377 | [1],[4],[8],[14],[16] | $ 22,263 | [2],[5],[7],[25],[26] | ||||||||||
Investment, Identifier [Axis]: Second Lien, Tank Holding Corp., Capital Equipment | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[24],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[24],[25],[26] | |||||||||||||
Interest rate | [5],[24],[25],[26] | 8.35% | 8.35% | 8.35% | ||||||||||
Par/principal amount | [5],[24],[25],[26],[27] | $ 35,965 | ||||||||||||
Amortized cost | [5],[24],[25],[26],[28] | 35,600 | ||||||||||||
Investments, at fair value | [5],[7],[24],[25],[26] | $ 36,325 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Service | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 13,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 12,769 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 13,260 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, TruGreen Limited Partnership, Consumer Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [4],[14],[16] | 8.50% | 8.50% | 8.50% | ||||||||||
Interest, PIK | [4],[14],[16] | |||||||||||||
Interest rate | [4],[14],[16] | 11.62% | 11.62% | 11.62% | ||||||||||
Par/principal amount | [4],[14],[16],[17] | $ 13,000 | ||||||||||||
Amortized cost | [4],[14],[16],[18] | 12,785 | ||||||||||||
Investments, at fair value | [1],[4],[14],[16] | 12,117 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, WP CPP Holdings, LLC, Aerospace & Defense | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 7.75% | 7.75% | 7.75% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 8.75% | 8.75% | 8.75% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 29,500 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 29,293 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 28,689 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, Watchfire Enterprises, Inc., Media: Advertising, Printing & Publishing | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[25],[26] | 8.25% | 8.25% | 8.25% | ||||||||||
Interest, PIK | [5],[25],[26] | |||||||||||||
Interest rate | [5],[25],[26] | 9.25% | 9.25% | 9.25% | ||||||||||
Par/principal amount | [5],[25],[26],[27] | $ 7,000 | ||||||||||||
Amortized cost | [5],[25],[26],[28] | 7,000 | ||||||||||||
Investments, at fair value | [5],[7],[25],[26] | $ 7,000 | ||||||||||||
Investment, Identifier [Axis]: Second Lien, World 50, Inc., Business Services | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Interest, spread | [5],[16],[33] | 11.50% | 11.50% | 11.50% | ||||||||||
Interest, PIK | [5],[16],[33] | |||||||||||||
Interest rate | [5],[16],[33] | 11.50% | 11.50% | 11.50% | ||||||||||
Par/principal amount | [5],[27],[33] | $ 18,552 | ||||||||||||
Amortized cost | [5],[28],[33] | 18,215 | ||||||||||||
Investments, at fair value | [5],[7],[33] | 18,405 | ||||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A1 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 2,850 | 1,214 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (A2 Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 7,835 | 3,338 | |||||||||||
Investment, Identifier [Axis]: SolAero Technologies Corp. (Priority Term Loan) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | 0 | 2,251 | 2,460 | |||||||||||
Investment, Identifier [Axis]: Solaero Technology Corp. (Equity) | ||||||||||||||
Schedule of Investments [Line Items] | ||||||||||||||
Investments, at fair value | $ 0 | $ 0 | $ 0 | |||||||||||
[1]Fair value is determined in good faith by or under the direction of the Investment Adviser, as the valuation designee pursuant to Rule 2a-5 under the Investment Company Act (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment funds was determined using significant unobservable inputs.[2]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[3]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act. As of September 30, 2022, the aggregate fair value of these securities is $92,552, or 9.89% of the Company’s net assets.[4]^ Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[5]Denotes that all or a portion of the assets are owned by Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CSL” or the “Company”). The Company has entered into a senior secured revolving credit facility (as amended, the “Credit Facility”). The lenders of the Credit Facility have a first lien security interest in substantially all of the portfolio investments held by the Company (see Note 7, Borrowings, to these consolidated financial statements). Accordingly, such assets are not available to creditors of Carlyle Direct Lending CLO 2015-1R LLC (formerly known as Carlyle GMS Finance MM CLO 2015-1 LLC) (the “2015-1 Issuer”).[6]Security acquired in transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and may be deemed to be “restricted securities” under the Securities Act, unless otherwise noted. As of December 31, 2021, the aggregate fair value of these securities is $77,093, or 8.13% of the Company’s net assets.[7]Fair value is determined in good faith by or under the direction of the Board of Directors of the Company (see Note 2, Significant Accounting Policies, and Note 3, Fair Value Measurements, to these consolidated financial statements), pursuant to the Company’s valuation policy. The fair value of all first lien and second lien debt investments, equity investments and the investment fund was determined using significant unobservable inputs.[8]The Company has determined the indicated investments are non-qualifying assets under Section 55(a) of the Investment Company Act. Under the Investment Company Act, the Company may not acquire any non-qualifying assets unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company’s total assets.[9]Under the Investment Company Act, the Company is deemed an “affiliated person” of this portfolio company because the Company owns 5% or more of the portfolio company's outstanding voting securities. Transactions related to the portfolio company during the nine month period ended September 30, 2022 were as follows: Investments—non-controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Direct Travel, Inc. $ 27,555 $ 7,193 $ (1,177) $ — $ 5,561 $ 39,132 $ 8,059 Direct Travel, Inc. 2,731 — — — — 2,731 100 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 30,286 $ 7,193 $ (1,177) $ — $ 5,561 $ 41,863 $ 8,159 Investments—non-controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Direct Travel, Inc. $ 24,949 $ — $ (484) $ 3 $ 3,087 $ 27,555 $ — Direct Travel, Inc. 1,231 1,372 — — 128 2,731 173 Direct Travel, Inc. (Equity) — — — — — — — Total investments—non-controlled/affiliated $ 26,180 $ 1,372 $ (484) $ 3 $ 3,215 $ 30,286 $ 173 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income Middle Market Credit Fund, LLC, Mezzanine Loan $ — $ — $ — $ — $ — $ — $ — Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest 205,891 — (23,000) — 1,250 184,141 20,000 Middle Market Credit Fund II, LLC, Member’s Interest 77,395 — — — 563 77,958 10,063 Total investments—controlled/affiliated $ 283,286 $ — $ (23,000) $ — $ 1,813 $ 262,099 $ 30,063 Investments—controlled/affiliated Fair Value as of December 31, 2020 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of December 31, 2021 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) 2,460 — (189) — (20) 2,251 185 SolAero Technologies Corp. (A1 Term Loan) 1,214 — — — 1,636 2,850 — SolAero Technologies Corp. (A2 Term Loan) 3,338 — — — 4,497 7,835 — Solaero Technology Corp. (Equity) — — — — — — — Total investments—controlled/affiliated $ 7,012 $ — $ (189) $ — $ 6,113 $ 12,936 $ 185 Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments ADPD Holdings, LLC Delayed Draw —% $ 1,083 $ (22) ADPD Holdings, LLC Revolver 0.50 621 (12) ADPD Holdings, LLC Delayed Draw — 299 (6) ADPD Holdings, LLC Delayed Draw — 1,951 (39) Advanced Web Technologies Holding Company Revolver 0.50 854 (9) Advanced Web Technologies Holding Company Delayed Draw 1.00 1,602 (17) Airnov, Inc. Revolver 0.50 688 (3) Alpine Acquisition Corp II Revolver 0.50 1,034 (37) American Physician Partners, LLC Revolver 0.50 550 (2) Analogic Corporation Revolver 0.50 29 (1) Applied Technical Services, LLC Revolver 0.50 42 — Appriss Health, LLC Revolver 0.50 2,963 (69) Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,113 (19) Associations, Inc. Revolver 0.50 723 (17) Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (171) BlueCat Networks (USA) Inc. Delayed Draw 0.50 240 (5) BlueCat Networks (USA) Inc. Delayed Draw 0.50 446 (9) BMS Holdings III Corp. Delayed Draw 2.65 9,688 (137) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 855 (4) Bubbles Bidco S.P.A. (Italy) Revolver — 526 (3) Chartis Holding, LLC Revolver 0.50 217 (1) Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Comar Holding Company, LLC Revolver 0.50 2,935 (127) Cority Software Inc. (Canada) Revolver 0.50 3,000 (26) DCA Investment Holding LLC Delayed Draw 1.00 618 (22) Denali Midco 2, LLC Delayed Draw 1.00 2,857 (86) Diligent Corporation Revolver 0.50 23 (1) Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc. Revolver 0.50 994 (14) Dwyer Instruments, Inc. Delayed Draw 1.00 161 (2) Eliassen Group, LLC Delayed Draw 1.00 3,310 (42) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Ellkay, LLC Revolver 0.50% $ 1,786 $ (110) EPS Nass Parent, Inc. Revolver 0.50 40 (1) EPS Nass Parent, Inc. Delayed Draw 1.00 37 (1) EvolveIP, LLC Revolver 0.50 655 (10) Excel Fitness Holdings, Inc. Revolver 0.50 828 (29) Excelitas Technologies Corp. Revolver 0.50 217 (4) Excelitas Technologies Corp. Delayed Draw — 152 (3) FPG Intermediate Holdco, LLC Delayed Draw 1.00 3,973 (79) Greenhouse Software, Inc. Revolver 0.50 1,471 (41) Greenhouse Software, Inc. Revolver 0.50 733 (21) Hadrian Acquisition Limited (United Kingdom) Delayed Draw 2.33 2,589 (57) Harbour Benefit Holdings, Inc. Revolver 0.50 3,180 (11) Heartland Home Services, Inc Delayed Draw 0.75 8,098 (130) Heartland Home Services, Inc Revolver 0.50 619 (5) Hercules Borrower LLC Revolver 0.50 1,929 (45) Hoosier Intermediate, LLC Revolver 0.50 1,600 (81) HS Spa Holdings Inc. Revolver 0.50 1,235 (35) iCIMS, Inc. Revolver 0.50 2,432 (43) iCIMS, Inc. Delayed Draw — 6,784 (119) Individual FoodService Holdings, LLC Revolver 0.50 739 (8) Individual FoodService Holdings, LLC Delayed Draw 1.00 3,290 (36) IQN Holding Corp. Delayed Draw 1.00 753 (5) IQN Holding Corp. Revolver 0.50 489 (3) Jeg's Automotive, LLC Revolver 0.50 677 (22) Jeg's Automotive, LLC Delayed Draw 1.00 4,167 (134) K2 Insurance Services, LLC Revolver 0.50 1,120 (4) Kaseya, Inc. Revolver 0.50 2,054 (46) Kaseya, Inc. Delayed Draw 0.50 1,146 (25) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 544 (35) LVF Holdings, Inc. Revolver 0.50 759 (50) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (306) Material Holdings, LLC Delayed Draw — 977 (44) Material Holdings, LLC Revolver 1.00 499 (23) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (503) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (139) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,446 $ (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 7,107 (140) MMIT Holdings, LLC Revolver 0.50 808 (3) NEFCO Holding Company LLC Delayed Draw 1.00 380 (8) NEFCO Holding Company LLC Delayed Draw 1.00 553 (11) NEFCO Holding Company LLC Revolver 0.50 763 (15) NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (30) North Haven Fairway Buyer, LLC Delayed Draw 0.50 432 (9) North Haven Fairway Buyer, LLC Revolver 0.50 2,404 (49) Oak Purchaser, Inc. Delayed Draw 0.50 1,623 (8) Oak Purchaser, Inc. Revolver 0.50 584 (3) PF Atlantic Holdco 2, LLC Delayed Draw 0.75 9,517 (165) PF Atlantic Holdco 2, LLC Revolver 0.50 2,759 (48) PPT Management Holdings, LLC Revolver 0.50 587 — Prophix Software Inc. (Canada) Revolver 0.50 1,993 8 PXO Holdings I Corp. Delayed Draw 1.00 885 (28) PXO Holdings I Corp. Revolver 0.50 1,315 (42) Quantic Electronics, LLC Revolver 0.50 829 (31) Quantic Electronics, LLC Delayed Draw 1.00 2,126 (78) RSC Acquisition, Inc. Revolver 0.50 462 (20) RSC Acquisition, Inc. Delayed Draw 0.50 1,083 (46) Sapphire Convention, Inc. Revolver 0.50 3,849 (206) Smarsh Inc. Revolver 0.50 408 (20) Smarsh Inc. Delayed Draw 1.00 1,633 (80) Spotless Brands, LLC Revolver 0.50 303 (9) Spotless Brands, LLC Delayed Draw 1.00 2,214 (64) Spotless Brands, LLC Delayed Draw 1.00 944 (27) Tank Holding Corp. Revolver 0.38 1,655 (53) TCFI Aevex LLC Delayed Draw 1.00 214 (36) TCFI Aevex LLC Delayed Draw 1.00 1,835 (305) The Carlstar Group LLC Revolver 0.50 3,657 (72) Trafigura Trading LLC Revolver 0.50 3,127 (23) Tufin Software North America, Inc. Revolver 0.50 1,339 (27) Tufin Software North America, Inc. Delayed Draw — 304 (6) Turbo Buyer, Inc. Delayed Draw 1.00 4,681 (93) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value U.S. Legal Support, Inc. Delayed Draw 0.50% $ 2,032 $ (34) U.S. Legal Support, Inc. Revolver 0.50 1,061 (18) Wineshipping.com LLC Delayed Draw 1.00 1,609 (79) Wineshipping.com LLC Revolver 0.50 1,589 (78) Total unfunded commitments $ 185,945 $ (5,119) As of September 30, 2022, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,380,925 $ 1,328,594 68.2 % Second Lien Debt 270,772 263,211 13.5 Equity Investments 89,393 92,552 4.7 Investment Funds 271,097 264,600 13.6 Total $ 2,012,187 $ 1,948,957 100.0 % The rate type of debt investments at fair value as of September 30, 2022 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,627,527 $ 1,568,730 98.6 % Fixed Rate 24,170 23,075 1.4 Total $ 1,651,697 $ 1,591,805 100.0 % The industry composition of investments at fair value as of September 30, 2022 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 139,565 $ 131,981 6.8 % Automotive 75,568 77,159 4.0 Beverage & Food 77,073 69,532 3.6 Business Services 94,844 94,021 4.8 Capital Equipment 79,259 80,817 4.1 Chemicals, Plastics & Rubber 77,422 76,931 4.0 Construction & Building 18,513 18,310 0.9 Consumer Goods: Durable 438 427 — Consumer Goods: Non-Durable 5,315 4,360 0.2 Consumer Services 108,064 106,868 5.5 Containers, Packaging & Glass 54,054 52,132 2.8 Diversified Financial Services 55,567 52,539 2.7 Energy: Oil & Gas 43,359 43,410 2.2 Environmental Industries 59,399 58,471 3.0 Healthcare & Pharmaceuticals 246,987 230,007 11.8 High Tech Industries 147,357 144,525 7.4 Investment Funds 271,097 264,600 13.6 Leisure Products & Services 114,526 106,387 5.5 Media: Advertising, Printing & Publishing 318 181 — Media: Diversified & Production 19,747 19,746 1.0 Metals & Mining 6,765 6,796 0.3 Industry Amortized Cost Fair Value % of Fair Value Retail $ 31,678 $ 31,616 1.6 % Software 180,501 179,027 9.2 Sovereign & Public Finance 182 626 — Telecommunications 72,014 66,223 3.4 Transportation: Cargo 19,668 19,292 1.0 Utilities: Electric 898 888 — Wholesale 12,009 12,085 0.6 $ 2,012,187 $ 1,948,957 100.0 % The geographical composition of investments at fair value as of September 30, 2022 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 35,895 $ 36,502 1.9 % Cyprus 6,567 6,137 0.2 Italy 5,315 4,360 0.2 Luxembourg 41,499 38,243 2.0 Sweden 1,168 142 — United Kingdom 81,526 75,105 3.9 United States 1,840,217 1,788,468 91.8 Total $ 2,012,187 $ 1,948,957 100.0 % Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value First and Second Lien Debt—unfunded delayed draw and revolving term loans commitments Advanced Web Technologies Holding Company Delayed Draw 1.00% $ 2,723 $ 27 Advanced Web Technologies Holding Company Delayed Draw 1.00 1,051 11 Advanced Web Technologies Holding Company Revolver 0.50 906 9 Airnov, Inc. Revolver 0.50 875 — American Physician Partners, LLC Revolver 0.50 550 — Analogic Corporation Revolver 0.50 72 (1) Applied Technical Services, LLC Revolver 0.50 40 — Appriss Health, LLC Revolver 0.50 2,963 3 Apptio, Inc. Revolver 0.50 1,420 — Ascend Buyer, LLC Revolver 0.50 1,070 (17) Associations, Inc. Revolver 0.50 723 2 Blackbird Purchaser, Inc. Delayed Draw 1.00 4,597 (92) BMS Holdings III Corp. Delayed Draw 1.00 9,688 (149) Bubbles Bidco S.P.A. (Italy) Delayed Draw 2.80 € 873 (30) Bubbles Bidco S.P.A. (Italy) Delayed Draw — € 537 (9) Captive Resources Midco, LLC Revolver 0.50 2,143 (12) Chartis Holding, LLC Revolver 0.50 217 — Chemical Computing Group ULC (Canada) Revolver 0.50 29 — Chudy Group, LLC Delayed Draw 1.00 138 2 Chudy Group, LLC Revolver 0.50 34 1 Comar Holding Company, LLC Revolver 0.50 2,935 (59) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Cority Software Inc. (Canada) Revolver 0.50% $ 3,000 $ (1) DCA Investment Holding, LLC Delayed Draw 1.00 1,495 (8) DermaRite Industries, LLC Revolver 0.50 579 (103) Diligent Corporation Delayed Draw 1.00 110 2 Diligent Corporation Revolver 0.50 47 1 Direct Travel, Inc. Delayed Draw 0.50 1,657 — Dwyer Instruments, Inc Delayed Draw 1.00 1,003 (3) Dwyer Instruments, Inc Revolver 0.50 411 (1) Ellkay, LLC Revolver 0.50 1,786 (36) EPS Nass Parent, Inc. Delayed Draw 1.00 85 (1) EPS Nass Parent, Inc. Revolver 0.50 25 — EvolveIP, LLC Revolver 0.50 798 (4) Greenhouse Software, Inc. Revolver 0.50 1,471 (29) Harbour Benefit Holdings, Inc. Revolver 0.50 2,120 (21) Heartland Home Services, Inc Delayed Draw 1.00 6,902 27 Heartland Home Services, Inc Revolver 0.50 598 2 Hercules Borrower LLC Revolver 0.50 2,160 43 Hoosier Intermediate, LLC Revolver 0.50 2,400 (48) Individual FoodService Holdings, LLC Delayed Draw 1.00 48 — Individual Foodservice Holdings, LLC Delayed Draw 1.00 890 3 Individual FoodService Holdings, LLC Delayed Draw 1.00 188 — Individual FoodService Holdings, LLC Revolver 0.50 706 — Integrity Marketing Acquisition, LLC Delayed Draw — 5,000 (51) Jeg's Automotive, LLC Delayed Draw 1.00 6,667 (133) Jeg's Automotive, LLC Revolver 0.50 3,333 (67) K2 Insurance Services, LLC Revolver 0.50 1,120 (2) Kaseya, Inc. Delayed Draw 1.00 585 (3) Kaseya, Inc. Revolver 0.50 1,543 (9) Lifelong Learner Holdings, LLC Revolver 0.50 2 — Liqui-Box Holdings, Inc. Revolver 0.50 1,140 (113) LVF Holdings, Inc. Delayed Draw 1.00 4,670 (116) LVF Holdings, Inc. Revolver 0.50 1,459 (36) Material Holdings, LLC Delayed Draw — 1,916 (21) Material Holdings, LLC Revolver 1.00 806 (9) Maverick Acquisition, Inc. Delayed Draw 1.00 4,679 (101) Maverick Acquisition, Inc. Delayed Draw 1.00 1,290 (28) Medical Manufacturing Technologies, LLC Delayed Draw 1.00 8,264 (165) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Medical Manufacturing Technologies, LLC Revolver 0.50% $ 1,859 $ (37) MMIT Holdings, LLC Revolver 0.50 857 (17) National Technical Systems, Inc. Revolver 0.50 835 — NMI AcquisitionCo, Inc. Revolver 0.50 1,280 (16) PF Atlantic HoldCo 2, LLC Delayed Draw 0.75 9,517 (190) PF Atlantic HoldCo 2, LLC Revolver 0.50 2,759 (55) Prophix Software Inc. (Canada) Revolver 0.50 1,993 20 Quantic Electronics, LLC Revolver 0.50 557 (7) Quantic Electronics, LLC Delayed Draw 1.00 3,164 (41) Quantic Electronics, LLC Revolver 0.50 824 (11) RSC Acquisition, Inc. Delayed Draw 0.50 2,435 9 RSC Acquisition, Inc. Revolver 0.50 215 1 Sapphire Convention, Inc. Revolver 0.50 2,561 (345) SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 984 — SolAero Technologies Corp. (Priority Facilities) Revolver 0.50 1,084 — Speedstar Holding, LLC Delayed Draw 1.00 3,775 38 Superior Health Linens, LLC Revolver 0.50 417 — TCFI Aevex LLC Delayed Draw 1.00 1,835 (263) TCFI Aevex LLC Delayed Draw 1.00 214 (31) The Leaders Romans Bidco Limited (United Kingdom) Delayed Draw 1.60 £ 1,902 399 Trafigura Trading LLC Revolver 0.50 7,762 (133) Turbo Buyer, Inc. Revolver 0.50 1,217 (24) US INFRA SVCS Buyer, LLC Delayed Draw 1.00 22,234 (527) US INFRA SVCS Buyer, LLC Revolver 0.50 263 (6) USLS Acquisition, Inc. Revolver 0.50 1,135 (12) Wineshipping.com LLC Delayed Draw 1.00 1,986 (39) Wineshipping.com LLC Revolver 0.50 1,430 (28) Investments—non-controlled/non-affiliated Type Unused Fee Par/ Principal Amount Fair Value Total unfunded commitments $ 180,498 $ (2,660) As of December 31, 2021, investments at fair value consisted of the following: Type Amortized Cost Fair Value % of Fair Value First Lien Debt $ 1,271,794 $ 1,232,084 64.4 % Second Lien Debt 341,538 341,776 17.9 Equity Investments 73,125 77,093 4.0 Investment Funds 271,096 262,099 13.7 Total $ 1,957,553 $ 1,913,052 100.0 % The rate type of debt investments at fair value as of December 31, 2021 was as follows: Rate Type Amortized Cost Fair Value % of Fair Value of First and Second Lien Debt Floating Rate $ 1,589,342 $ 1,549,215 98.4 % Fixed Rate 23,990 24,645 1.6 Total $ 1,613,332 $ 1,573,860 100.0 % The industry composition of investments at fair value as of December 31, 2021 was as follows: Industry Amortized Cost Fair Value % of Fair Value Aerospace & Defense $ 169,068 $ 166,071 8.7 % Automotive 91,155 94,144 4.9 Beverage & Food 91,999 97,377 5.1 Business Services 85,994 83,878 4.4 Capital Equipment 102,065 102,308 5.4 Chemicals, Plastics & Rubber 64,717 66,515 3.5 Construction & Building 59,945 61,055 3.2 Consumer Goods: Durable 11,277 11,450 0.6 Consumer Goods: Non-Durable 440 440 — Consumer Services 5,303 5,158 0.3 Containers, Packaging & Glass 25,155 25,909 1.4 Diversified Financial Services 52,154 52,113 2.7 Energy: Oil & Gas 41,991 42,900 2.2 Environmental Industries 69,194 69,185 3.6 Healthcare & Pharmaceuticals 250,294 229,555 12.0 High Tech Industries 149,185 151,430 7.9 Investment Funds 126,237 113,201 5.9 Leisure Products & Services 271,096 262,099 13.7 Media: Advertising, Printing & Publishing 7,318 7,205 0.4 Media: Diversified & Production 19,700 19,666 1.0 Metals & Mining 2,237 2,086 0.1 Retail 44,644 44,992 2.4 Software 105,958 104,673 5.5 Sovereign & Public Finance 13,623 14,036 0.7 Telecommunications 87,977 76,585 4.0 Utilities: Electric 869 878 — Wholesale 7,958 8,143 0.4 Total $ 1,957,553 $ 1,913,052 100.0 % The geographical composition of investments at fair value as of December 31, 2021 was as follows: Geography Amortized Cost Fair Value % of Fair Value Canada $ 46,433 $ 47,543 2.5 % Cyprus 6,389 7,097 0.4 Italy 5,303 5,158 0.3 Luxembourg 41,647 38,403 2.0 United Kingdom 92,963 96,108 5.0 United States 1,764,818 1,718,743 89.8 Total $ 1,957,553 $ 1,913,052 100.0 % The accompanying notes are an integral part of these consolidated financial statements. Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income Middle Market Credit Fund, LLC, Subordinated Loan and Member’s Interest $ 184,141 $ — $ — $ — $ 5,462 $ 189,603 $ 15,000 Middle Market Credit Fund, Mezzanine Loan — — — — — — — Middle Market Credit Fund II LLC, Member's Interest 77,958 — — — (2,961) 74,997 7,572 Total investments—controlled/affiliated $ 262,099 $ — $ — $ — $ 2,501 $ 264,600 $ 22,572 Investments—controlled/affiliated Fair Value as of December 31, 2021 Additions/Purchases Reductions/Sales/ Paydowns Net Realized Gain (Loss) Net Change in Unrealized Appreciation (Depreciation) Fair Value as of September 30, 2022 Dividend and Interest Income SolAero Technologies Corp. (Priority Term Loan) $ 2,251 $ — $ (2,251) $ — $ — $ — $ 8 SolAero Technologies Corp. (A1 Term Loan) 2,850 — (3,166) — 316 — 1,031 SolAero Technologies Corp. (A2 Term Loan) 7,835 — (8,707) — 872 — 2,834 Solaero Technology Corp. (Equity) — — (4,786) 1,972 2,814 — — Total investments—controlled/affiliated $ 12,936 $ — $ (18,910) $ 1,972 $ 4,002 $ — $ 3,873 |
BORROWINGS - Narrative (Details
BORROWINGS - Narrative (Details) - USD ($) $ in Thousands | 98 Months Ended | ||||
May 25, 2022 | May 24, 2022 | Sep. 30, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | |
Line of Credit Facility [Line Items] | |||||
Asset coverage ratio | 179.56% | 181.94% | 180.23% | ||
Maximum borrowing capacity | $ 688,000 | $ 688,000 | |||
Line of credit | Credit Facility | NYFRB rate | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 0.50% | ||||
Line of credit | Credit Facility | Adjusted SOFR rate | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 1% | ||||
Line of credit | Credit Facility | Benchmark rate | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 1.875% | ||||
Line of credit | Credit Facility | Alternate base rate | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 0.875% | ||||
Line of credit | Credit Facility | Alternate base rate | Component two | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 1.25% | ||||
Line of credit | Credit Facility | LIBOR | Component one | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 2.25% | ||||
Line of credit | Credit Facility | LIBOR | Component two | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 1% | ||||
Line of credit | Credit Facility | Federal funds effective rate | Component two | |||||
Line of Credit Facility [Line Items] | |||||
Basis spread on variable rate | 0.50% | ||||
Line of credit | Secured debt | Credit Facility | |||||
Line of Credit Facility [Line Items] | |||||
Maximum borrowing capacity | $ 688,000 | $ 688,000 | $ 688,000 | ||
Maximum borrowing capacity, accordion feature option | 900,000 | ||||
Unused capacity commitment fee | 0.375% | ||||
Line of credit | Swingline loan | Credit Facility | |||||
Line of Credit Facility [Line Items] | |||||
Maximum borrowing capacity | 50,000 | ||||
Line of credit | Letter of credit | Credit Facility | |||||
Line of Credit Facility [Line Items] | |||||
Maximum borrowing capacity | $ 20,000 |
BORROWINGS - Schedule of Borrow
BORROWINGS - Schedule of Borrowings and Repayments (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Line of Credit Facility, Increase (Decrease) [Roll Forward] | ||||
Outstanding Borrowing, beginning of period | $ 443,395 | $ 365,060 | $ 407,655 | $ 347,949 |
Borrowings | 111,011 | 157,552 | 313,511 | 337,031 |
Repayments | (125,000) | (95,000) | (284,746) | (257,500) |
Foreign currency translation | (5,447) | (2,067) | (12,461) | (1,935) |
Outstanding Borrowing, end of period | $ 423,959 | $ 425,545 | $ 423,959 | $ 425,545 |
BORROWINGS - Summary of Credit
BORROWINGS - Summary of Credit Facility (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Jun. 30, 2022 | May 25, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Dec. 31, 2020 |
Line of Credit Facility [Line Items] | |||||||
Total Facility | $ 688,000 | $ 688,000 | |||||
Borrowings Outstanding | 423,959 | $ 443,395 | 407,655 | $ 425,545 | $ 365,060 | $ 347,949 | |
Unused Portion | 264,041 | 280,345 | |||||
Amount Available | 265,350 | 280,706 | |||||
Secured debt | Credit Facility | Line of credit | |||||||
Line of Credit Facility [Line Items] | |||||||
Total Facility | 688,000 | $ 688,000 | 688,000 | ||||
Borrowings Outstanding | 423,959 | 407,655 | |||||
Unused Portion | 264,041 | 280,345 | |||||
Amount Available | $ 265,350 | $ 280,706 |
BORROWINGS - Components of Inte
BORROWINGS - Components of Interest Expense (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Line of Credit Facility [Line Items] | ||||
Facility unused commitment fee | $ 446 | $ 435 | $ 1,551 | $ 1,459 |
Amortization of deferred financing costs | 1,087 | 759 | ||
Interest paid during the period | 24,902 | 21,750 | ||
Secured debt | Credit Facility | Line of credit | ||||
Line of Credit Facility [Line Items] | ||||
Interest expense | 4,292 | 2,638 | 9,395 | 6,809 |
Facility unused commitment fee | 175 | 243 | 805 | 885 |
Amortization of deferred financing costs | 271 | 192 | 746 | 574 |
Total interest expense and credit facility fees | 4,738 | 3,073 | 10,946 | 8,268 |
Interest paid during the period | 2,242 | 2,730 | 7,717 | 7,094 |
Average principal debt outstanding | $ 423,487 | $ 432,039 | $ 385,509 | $ 376,421 |
Weighted average interest rate | 3.97% | 2.39% | 3.21% | 2.39% |
BORROWINGS - Components of In_2
BORROWINGS - Components of Interest and Credit Facilities Payable (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
Line of Credit Facility [Line Items] | ||
Interest and credit facilities payable | $ 5,240 | $ 2,467 |
Secured debt | Credit Facility | Line of credit | ||
Line of Credit Facility [Line Items] | ||
Interest expense payable | 875 | 264 |
Unused commitment fees payable | 0 | 3 |
Other credit facility fees payable | 25 | 0 |
Interest and credit facilities payable | $ 900 | $ 267 |
Weighted average interest rate | 4.28% | 2.39% |
NOTES PAYABLE - Narrative (Deta
NOTES PAYABLE - Narrative (Details) | 3 Months Ended | 9 Months Ended | |||||||
Aug. 30, 2018 USD ($) | Sep. 30, 2022 USD ($) loan | Sep. 30, 2021 USD ($) | Sep. 30, 2022 USD ($) loan | Sep. 30, 2021 USD ($) | Dec. 31, 2021 USD ($) | Dec. 11, 2020 USD ($) | Dec. 30, 2019 USD ($) | Jun. 26, 2015 USD ($) | |
Debt Instrument [Line Items] | |||||||||
Investment purchase price, percent of aggregate outstanding balance, minimum | 5% | ||||||||
Interest and credit facility fees payable | $ 5,240,000 | $ 5,240,000 | $ 2,467,000 | ||||||
2015-1 Issuer Preferred Interests | |||||||||
Debt Instrument [Line Items] | |||||||||
Investment owned, percentage received | 100% | ||||||||
Investment owned, nominal value | $ 104,525,000 | $ 125,900,000 | |||||||
Nominal value decrease | 21,375,000 | ||||||||
Senior notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Stated interest rate, maximum increase | 1% | 1% | |||||||
Interest expense, debt | $ 2,210,000 | $ 2,209,000 | $ 6,628,000 | $ 6,628,000 | |||||
Senior notes | 2019 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 115,000,000 | ||||||||
Stated interest rate | 4.75% | ||||||||
Senior notes | 2020 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 75,000,000 | ||||||||
Stated interest rate | 4.50% | ||||||||
Secured debt | 2015-1 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | 400,000,000 | ||||||||
Interest expense, debt | $ 4,989,000 | $ 2,672,000 | $ 11,149,000 | $ 8,112,000 | |||||
Collateral, number of loans | loan | 67 | 67 | |||||||
Collateral amount, debt instrument | $ 550,981,000 | $ 550,981,000 | |||||||
Collateral amount, cash | $ 29,643,000 | $ 29,643,000 | |||||||
Effective annualized weighted average interest rate | 3.27% | 2.33% | |||||||
Weighted average interest rate | 4.52% | 4.52% | 2.27% | ||||||
Interest and credit facility fees payable | $ 4,340,000 | $ 4,340,000 | $ 2,200,000 | ||||||
Secured debt | 2015-1 Notes, Class A-1A Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | 160,000,000 | ||||||||
Secured debt | 2015-1 Notes, Class A-1B Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | 40,000,000 | ||||||||
Secured debt | 2015-1 Notes, Class A-1C Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | 27,000,000 | ||||||||
Secured debt | 2015-1 Notes, Class A-2 Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 46,000,000 | ||||||||
Secured debt | Aaa/AAA Class A-1-1-R Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 234,800,000 | ||||||||
Secured debt | Aaa/AAA Class A-1-1-R Notes | LIBOR | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 1.55% | ||||||||
Secured debt | Aaa/AAA Class A-1-2-R Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 50,000,000 | ||||||||
Secured debt | Aaa/AAA Class A-1-2-R Notes | LIBOR | First 24 months | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 1.48% | ||||||||
Secured debt | Aaa/AAA Class A-1-2-R Notes | LIBOR | Thereafter | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 1.78% | ||||||||
Secured debt | Aaa/AAA Class A-1-3-R Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 25,000,000 | ||||||||
Stated interest rate | 4.56% | ||||||||
Secured debt | AA Class A-2-R Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 66,000,000 | ||||||||
Secured debt | AA Class A-2-R Notes | LIBOR | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 2.20% | ||||||||
Secured debt | A Class B Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 46,400,000 | ||||||||
Secured debt | A Class B Notes | LIBOR | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 3.15% | ||||||||
Secured debt | BBB- Class C Notes | |||||||||
Debt Instrument [Line Items] | |||||||||
Face amount | $ 27,000,000 | ||||||||
Secured debt | BBB- Class C Notes | LIBOR | |||||||||
Debt Instrument [Line Items] | |||||||||
Basis spread on variable rate | 4% |
NOTES PAYABLE - Components of I
NOTES PAYABLE - Components of Interest Expense (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Debt Instrument [Line Items] | ||||
Amortization of deferred financing costs | $ 1,087 | $ 759 | ||
Interest paid during the period | 24,902 | 21,750 | ||
Secured debt | 2015-1 Notes | ||||
Debt Instrument [Line Items] | ||||
Interest expense | $ 4,927 | $ 2,609 | 10,964 | 7,926 |
Amortization of deferred financing costs | 62 | 63 | 185 | 186 |
Total interest expense and credit facility fees | 4,989 | 2,672 | 11,149 | 8,112 |
Interest paid during the period | $ 5,293 | $ 2,637 | $ 10,558 | $ 8,028 |
COMMMITMENTS AND CONTINGENCIE_2
COMMMITMENTS AND CONTINGENCIES - Summary of Payment Obligations (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
Commitments and Contingencies Disclosure [Abstract] | ||
Less than one year | $ 0 | $ 0 |
1-3 years | 190,000 | 190,000 |
3-5 years | 423,959 | 407,655 |
More than 5 years | 449,200 | 449,200 |
Total | $ 1,063,159 | $ 1,046,855 |
COMMMITMENTS AND CONTINGENCIE_3
COMMMITMENTS AND CONTINGENCIES - Schedule of Unfunded Commitments (Details) - USD ($) $ in Thousands | Sep. 30, 2022 | Dec. 31, 2021 |
Financial Support for Nonconsolidated Legal Entity [Line Items] | ||
Total unfunded commitments | $ 185,945 | $ 180,498 |
Unfunded delayed draw commitments | ||
Financial Support for Nonconsolidated Legal Entity [Line Items] | ||
Total unfunded commitments | 111,141 | 112,985 |
Unfunded revolving loan commitments | ||
Financial Support for Nonconsolidated Legal Entity [Line Items] | ||
Total unfunded commitments | $ 74,804 | $ 67,513 |
NET ASSETS - Narrative (Details
NET ASSETS - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands | 2 Months Ended | 3 Months Ended | 9 Months Ended | ||||||
May 05, 2027 | Aug. 01, 2022 | May 05, 2020 | Sep. 30, 2022 | Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | |
Investment Company, Changes in Net Assets [Line Items] | |||||||||
Common stock, authorized (in shares) | 198,000,000 | 198,000,000 | 198,000,000 | 198,000,000 | |||||
Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | |||||
Preferred stock, authorized (in shares) | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | |||||
Preferred stock, par value (in dollars per share) | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | |||||
Preferred stock, liquidation preference (in dollars per share) | $ 25 | ||||||||
Preferred stock, dividend rate, cash | 7% | ||||||||
Preferred stock, dividend rate, stock | 9% | ||||||||
Preferred stock, conversion price (in dollars per share) | $ 9.50 | $ 9.37 | $ 9.37 | $ 9.37 | |||||
Stock repurchase program, increase amount | $ 50,000 | ||||||||
Stock repurchase program, authorized amount | $ 200,000 | ||||||||
Stock repurchase program, stock repurchased since inception (in shares) | 10,951,887 | ||||||||
Stock repurchase program, average cost (in dollars per share) | $ 13.37 | ||||||||
Stock repurchase program, cumulative value of shares repurchased | $ 146,407 | $ 146,407 | $ 146,407 | ||||||
Accretion due to share repurchases (in dollars per share) | $ 0.60 | $ 0.60 | $ 0.60 | ||||||
Repurchase of common stock (in shares) | 531,439 | 495,871 | 1,525,682 | 1,605,865 | |||||
Repurchase of common stock | $ 7,144 | $ 6,770 | $ 21,120 | $ 20,497 | |||||
Private placement | |||||||||
Investment Company, Changes in Net Assets [Line Items] | |||||||||
Preferred stock, par value (in dollars per share) | $ 0.01 | ||||||||
Sale of stock, number of shares issued | 2,000,000 | ||||||||
Sale of stock, offering price (in dollars per share) | $ 25 | ||||||||
Forecast | Subsequent event | |||||||||
Investment Company, Changes in Net Assets [Line Items] | |||||||||
Preferred stock, dividend rate, annual increase | 1% |
NET ASSETS - Summary of Preferr
NET ASSETS - Summary of Preferred Stock Dividends Declared (Details) - $ / shares | 21 Months Ended | |||||||
Sep. 30, 2022 | Jun. 27, 2022 | Mar. 25, 2022 | Dec. 29, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Sep. 30, 2022 | |
Equity [Abstract] | ||||||||
Preferred stock, dividends declared (in dollars per share) | $ 0.438 | $ 0.438 | $ 0.438 | $ 0.438 | $ 0.438 | $ 0.438 | $ 0.438 | $ 3.066 |
NET ASSETS - Summary of Changes
NET ASSETS - Summary of Changes in Net Assets (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Investment Company, Net Assets [Roll Forward] | ||||
Preferred stock at beginning of period (in shares) | 2,000,000 | |||
Net Assets at beginning of period | $ 926,493 | $ 924,831 | $ 948,804 | $ 901,363 |
Common stock at beginning of period (in shares) | 53,142,454 | |||
Repurchase of common stock (in shares) | (531,439) | (495,871) | (1,525,682) | (1,605,865) |
Repurchase of common stock | $ (7,144) | $ (6,770) | $ (21,120) | $ (20,497) |
Net investment income (loss) | 31,153 | 22,086 | 78,542 | 64,402 |
Net realized gain (loss) | (4,579) | 7,556 | 907 | 11,036 |
Net change in unrealized appreciation (depreciation) on investments | 11,256 | 17,978 | (6,271) | 50,954 |
Dividends declared | $ (21,528) | (21,287) | $ (65,211) | (62,864) |
Preferred stock at end of period (in shares) | 2,000,000 | 2,000,000 | ||
Net Assets at end of period | $ 935,651 | $ 944,394 | $ 935,651 | $ 944,394 |
Common stock at end of period (in shares) | 51,616,772 | 53,714,444 | 51,616,772 | 53,714,444 |
Preferred Stock | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Preferred stock at beginning of period (in shares) | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
Net Assets at beginning of period | $ 50,000 | $ 50,000 | $ 50,000 | $ 50,000 |
Preferred stock at end of period (in shares) | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 |
Net Assets at end of period | $ 50,000 | $ 50,000 | $ 50,000 | $ 50,000 |
Common Stock | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | $ 521 | $ 542 | $ 532 | $ 553 |
Common stock at beginning of period (in shares) | 52,148,211 | 54,210,315 | 53,142,454 | 55,320,309 |
Repurchase of common stock (in shares) | (531,439) | (495,871) | (1,525,682) | (1,605,865) |
Repurchase of common stock | $ (4) | $ (5) | $ (15) | $ (16) |
Net Assets at end of period | $ 517 | $ 537 | $ 517 | $ 537 |
Common stock at end of period (in shares) | 51,616,772 | 53,714,444 | 51,616,772 | 53,714,444 |
Capital in Excess of Par Value | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | $ 1,038,462 | $ 1,067,720 | $ 1,052,427 | $ 1,081,436 |
Repurchase of common stock | (7,140) | (6,765) | (21,105) | (20,481) |
Net Assets at end of period | 1,031,322 | 1,060,955 | 1,031,322 | 1,060,955 |
Offering Costs | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | (1,633) | (1,633) | (1,633) | (1,633) |
Net Assets at end of period | (1,633) | (1,633) | (1,633) | (1,633) |
Accumulated Net Investment Income (Loss) | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | 23,268 | 15,307 | 19,562 | 14,568 |
Net investment income (loss) | 31,153 | 22,086 | 78,542 | 64,402 |
Dividends declared | (21,528) | (21,287) | (65,211) | (62,864) |
Net Assets at end of period | 32,893 | 16,106 | 32,893 | 16,106 |
Accumulated Net Realized Gain (Loss) | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | (117,811) | (136,653) | (123,297) | (140,133) |
Net realized gain (loss) | (4,579) | 7,556 | 907 | 11,036 |
Net Assets at end of period | (122,390) | (129,097) | (122,390) | (129,097) |
Accumulated Net Unrealized Appreciation (Depreciation) | ||||
Investment Company, Net Assets [Roll Forward] | ||||
Net Assets at beginning of period | (66,314) | (70,452) | (48,787) | (103,428) |
Net change in unrealized appreciation (depreciation) on investments | 11,256 | 17,978 | (6,271) | 50,954 |
Net Assets at end of period | $ (55,058) | $ (52,474) | $ (55,058) | $ (52,474) |
NET ASSETS - Schedule of Basic
NET ASSETS - Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | |
Net increase (decrease) in net assets resulting from operations attributable to Common Stockholders | ||||
Basic | $ 36,955 | $ 46,745 | $ 70,553 | $ 123,767 |
Diluted | $ 37,830 | $ 47,620 | $ 73,178 | $ 126,392 |
Weighted-average common shares outstanding | ||||
Basic (in shares) | 51,863,022 | 53,955,338 | 52,388,355 | 54,506,760 |
Diluted (in shares) | 57,182,634 | 59,230,725 | 57,707,967 | 59,782,147 |
Basic and diluted earnings per share | ||||
Basic (in dollars per share) | $ 0.71 | $ 0.87 | $ 1.35 | $ 2.27 |
Diluted (in dollars per share) | $ 0.66 | $ 0.80 | $ 1.27 | $ 2.11 |
NET ASSETS - Summary of Common
NET ASSETS - Summary of Common Stock Dividends Declared (Details) - $ / shares | 3 Months Ended | ||||||||||||
Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Sep. 30, 2022 | Sep. 30, 2020 | |
Quarterly common dividend declared | |||||||||||||
Dividends Payable [Line Items] | |||||||||||||
Common dividend declared (in dollars per share) | $ 0.34 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.37 | $ 0.37 | $ 0.34 | $ 0.32 |
Supplemental common dividend declared | |||||||||||||
Dividends Payable [Line Items] | |||||||||||||
Common dividend declared (in dollars per share) | $ 0.06 | $ 0.08 | $ 0.08 | $ 0.07 | $ 0.06 | $ 0.04 | $ 0.05 | $ 0.04 | $ 0.05 |
CONSOLIDATED FINANCIAL HIGHLI_3
CONSOLIDATED FINANCIAL HIGHLIGHTS (Details) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 9 Months Ended | |||
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021 | Dec. 31, 2021 | |
Per Common Share Data: | |||||
Net asset value per common share, beginning of period (in dollars per share) | $ 16.91 | $ 15.39 | |||
Net investment income (loss) (in dollars per share) | 1.45 | 1.13 | |||
Net realized gain (loss) and net change in unrealized appreciation (depreciation) on investments and non-investment assets and liabilities (in dollars per share) | (0.10) | 1.14 | |||
Net increase (decrease) in net assets resulting from operations (in dollars per share) | 1.35 | 2.27 | |||
Dividends declared (in dollars per share) | (1.20) | (1.11) | |||
Other (in dollars per share) | 0.01 | 0.03 | |||
Accretion due to share repurchases (in dollars per share) | 0.09 | 0.07 | |||
Net asset value per common share, end of period (in dollars per share) | $ 17.16 | $ 16.65 | 17.16 | 16.65 | |
Market price per common share, end of period (in dollars per share) | $ 11.44 | $ 13.41 | $ 11.44 | $ 13.41 | |
Number of common shares outstanding, end of period | 51,616,772 | 53,714,444 | 51,616,772 | 53,714,444 | 53,142,454 |
Total return based on net asset value | 8.57% | 15.40% | |||
Total return based on market price | (7.94%) | 41.52% | |||
Net assets attributable to Common Stockholders, end of period | $ 885,651 | $ 894,394 | $ 885,651 | $ 894,394 | |
Ratio to average net assets attributable to Common Stockholders: | |||||
Expenses before incentive fees | 6.35% | 5.71% | |||
Expenses after incentive fees | 8.16% | 7.22% | |||
Net investment income (loss) | 8.82% | 7.40% | |||
Interest expense and credit facility fees | 3.23% | 2.64% | |||
Ratios/Supplemental Data: | |||||
Asset coverage, end of period | 179.56% | 180.23% | 179.56% | 180.23% | 181.94% |
Portfolio turnover | 25.70% | 30.72% | |||
Weighted-average shares outstanding (in shares) | 51,863,022 | 53,955,338 | 52,388,355 | 54,506,760 |
TAX (Details)
TAX (Details) - USD ($) $ in Thousands | 9 Months Ended | |
Sep. 30, 2022 | Sep. 30, 2021 | |
Income Tax Disclosure [Abstract] | ||
Ordinary income | $ 65,211 | $ 62,864 |
Tax return of capital | $ 0 | $ 0 |
SUBSEQUENT EVENTS (Details)
SUBSEQUENT EVENTS (Details) - $ / shares | 3 Months Ended | |||||||||||||
Oct. 31, 2022 | Sep. 30, 2022 | Jun. 30, 2022 | Mar. 31, 2022 | Dec. 31, 2021 | Sep. 30, 2021 | Jun. 30, 2021 | Mar. 31, 2021 | Dec. 31, 2020 | Sep. 30, 2020 | Jun. 30, 2020 | Mar. 31, 2020 | Sep. 30, 2022 | Sep. 30, 2020 | |
Quarterly common dividend declared | ||||||||||||||
Subsequent Event [Line Items] | ||||||||||||||
Common dividend declared (in dollars per share) | $ 0.34 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.32 | $ 0.37 | $ 0.37 | $ 0.34 | $ 0.32 | |
Supplemental common dividend declared | ||||||||||||||
Subsequent Event [Line Items] | ||||||||||||||
Common dividend declared (in dollars per share) | $ 0.06 | $ 0.08 | $ 0.08 | $ 0.07 | $ 0.06 | $ 0.04 | $ 0.05 | $ 0.04 | $ 0.05 | |||||
Subsequent event | Quarterly common dividend declared | ||||||||||||||
Subsequent Event [Line Items] | ||||||||||||||
Common dividend declared (in dollars per share) | $ 0.36 | |||||||||||||
Subsequent event | Supplemental common dividend declared | ||||||||||||||
Subsequent Event [Line Items] | ||||||||||||||
Common dividend declared (in dollars per share) | $ 0.08 |