Quarterly report [Sections 13 or 15(d)]

FAIR VALUE HIERARCHY FOR INVESTMENTS???PORTFOLIO COMPOSITION - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)

v3.25.3
FAIR VALUE HIERARCHY FOR INVESTMENTS—PORTFOLIO COMPOSITION - Schedule of Fair Value Measurement Inputs and Valuation Techniques (Details)
$ in Thousands
Sep. 30, 2025
USD ($)
decimal
Dec. 31, 2024
USD ($)
decimal
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total Level 3 investments | $ $ 1,260,202 [1],[2],[3] $ 1,177,507 [4],[5],[6]
Significant Unobservable Inputs (Level 3)    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total Level 3 investments | $ $ 1,260,202 $ 1,177,507
Significant Unobservable Inputs (Level 3) | Minimum | EBITDA multiple, outlier    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 2.0 2.0
Significant Unobservable Inputs (Level 3) | Minimum | Risk adjusted discount factor, outlier    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.057 0.068
Significant Unobservable Inputs (Level 3) | Maximum | EBITDA multiple, outlier    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 13.5 17.0
Significant Unobservable Inputs (Level 3) | Maximum | Risk adjusted discount factor, outlier    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.406 0.383
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted cash flow    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total Level 3 investments | $ $ 312,604 $ 281,831
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted cash flow | Minimum | WACC    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.114 0.115
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted cash flow | Maximum | WACC    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.222 0.225
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted cash flow | Weighted Average | WACC    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.146 0.148
Significant Unobservable Inputs (Level 3) | Equity investments | Discounted cash flow | Median | WACC    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.150 0.151
Significant Unobservable Inputs (Level 3) | Equity investments | Market comparable / Enterprise value | Minimum | EBITDA multiple    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 5.1 4.9
Significant Unobservable Inputs (Level 3) | Equity investments | Market comparable / Enterprise value | Maximum | EBITDA multiple    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 8.9 9.0
Significant Unobservable Inputs (Level 3) | Equity investments | Market comparable / Enterprise value | Weighted Average | EBITDA multiple    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 6.9 6.6
Significant Unobservable Inputs (Level 3) | Equity investments | Market comparable / Enterprise value | Median | EBITDA multiple    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 6.8 6.5
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total Level 3 investments | $ $ 942,830 $ 862,813
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Minimum | Risk adjusted discount factor    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.080 0.085
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Minimum | Expected principal recovery percentage    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.001 0.003
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Maximum | Risk adjusted discount factor    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.181 0.180
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Maximum | Expected principal recovery percentage    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 5.000 1.000
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Weighted Average | Risk adjusted discount factor    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.126 0.132
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Weighted Average | Expected principal recovery percentage    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.995 0.997
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Median | Risk adjusted discount factor    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 0.118 0.121
Significant Unobservable Inputs (Level 3) | Debt investments | Discounted cash flow | Median | Expected principal recovery percentage    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 1.000 1.000
Significant Unobservable Inputs (Level 3) | Debt investments | Market approach    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Total Level 3 investments | $ $ 4,768 $ 32,863
Significant Unobservable Inputs (Level 3) | Debt investments | Market approach | Minimum | Third-party quote    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 14.5 21.0
Significant Unobservable Inputs (Level 3) | Debt investments | Market approach | Maximum | Third-party quote    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 70.0 99.4
Significant Unobservable Inputs (Level 3) | Debt investments | Market approach | Weighted Average | Third-party quote    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 47.9 82.9
Significant Unobservable Inputs (Level 3) | Debt investments | Market approach | Median | Third-party quote    
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]    
Measurement input 40.5 84.5
[1] All portfolio company headquarters are based in the United States, unless otherwise noted.
[2] Investment Fair Value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.
[3] All investments are LMM (as defined below) portfolio investments, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of LMM portfolio investments. All of the Fund’s investments, unless otherwise noted, are encumbered as security for one of the Credit Facilities (as defined below).
[4] All portfolio company headquarters are based in the United States, unless otherwise noted.
[5] Investment Fair Value was determined using significant unobservable inputs, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for further discussion. Negative fair value is the result of the capitalized discount on the loan or the unfunded commitment being valued below par.
[6] All investments are LMM portfolio investments, unless otherwise noted. See Note C — Fair Value Hierarchy for Investments — Portfolio Composition for a description of LMM portfolio investments. All of the Fund’s investments, unless otherwise noted, are encumbered as security for one of the Fund’s Credit Facilities.