BLACKROCK TCP CAPITAL CORP., 10-K filed on 2/27/2025
Annual Report
v3.25.0.1
Document and Entity Information - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Feb. 27, 2025
Jun. 30, 2024
Cover [Abstract]      
Document Type 10-K    
Amendment Flag false    
Document Period End Date Dec. 31, 2024    
Document Fiscal Year Focus 2024    
Document Fiscal Period Focus FY    
Entity Registrant Name BLACKROCK TCP CAPITAL CORP.    
Entity Central Index Key 0001370755    
Entity Public Float     $ 924.4
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Current Fiscal Year End Date --12-31    
Entity Filer Category Large Accelerated Filer    
Entity Common Stock, Shares Outstanding   85,077,297  
Entity Shell Company false    
Entity Small Business false    
Entity Emerging Growth Company false    
Entity File Number 814-00899    
Entity Tax Identification Number 56-2594706    
Entity Address, Address Line One 2951 28th Street    
Entity Address, Address Line Two Suite 1000    
Entity Address, City or Town Santa Monica    
Entity Address, State or Province CA    
Entity Address, Postal Zip Code 90405    
City Area Code 310    
Local Phone Number 566-1000    
Document Annual Report true    
Document Transition Report false    
Entity Incorporation, State or Country Code DE    
Title of 12(b) Security Common Stock, par value $0.001 per share    
Trading Symbol TCPC    
Security Exchange Name NASDAQ    
Document Financial Statement Error Correction [Flag] false    
Document Incorporated by Reference Portions of the Registrant’s Proxy Statement relating to the Registrant’s 2025 Annual Meeting of Shareholders to be filed not later than 120 days after the end of the fiscal year covered by this Annual Report on Form 10-K are incorporated by reference into Part III of this Report.    
Auditor Name Deloitte & Touche LLP    
Auditor Location Los Angeles, California    
Auditor Firm ID 34    
ICFR Auditor Attestation Flag true    
Auditor Opinion [Text Block]

Opinion on the Financial Statements

 

We have audited the accompanying consolidated statements of assets and liabilities of BlackRock TCP Capital Corp. and subsidiaries (the “Company”), including the consolidated schedules of investments, as of December 31, 2024 and 2023, the related consolidated statements of operations, changes in net assets, and cash flows for each of the three years in the period then ended, consolidated financial highlights (in Note 10) for each of the five years in the period then ended, and the related consolidated notes and consolidating schedules and statements listed in Index Item 15(a) (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations, changes in net assets, and cash flows for each of the three years in the period then ended, and financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

 

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 27, 2025, expressed an unqualified opinion on the Company's internal control over financial reporting.

    
v3.25.0.1
Consolidated Statements of Assets and Liabilities - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Investments, at fair value:      
Total investments $ 1,794,758,336 $ 1,554,941,110  
Cash and cash equivalents 91,589,702 112,241,946 $ 82,435,171
Interest, dividends and fees receivable 22,784,825 25,650,684  
Deferred debt issuance costs 6,235,009 3,671,727  
Receivable for investments sold 4,487,697 0  
Due from broker 817,969 0  
Prepaid expenses and other assets 2,357,825 2,266,886  
Total assets 1,923,031,363 1,698,772,353  
Liabilities      
Debt (net of deferred issuance costs of $7,974,601 and $3,355,221, respectively) 1,118,340,225 985,200,609  
Interest and debt related payables 8,306,126 10,407,570  
Management fees payable 5,750,971 5,690,105  
Reimbursements due to the Advisor 932,224 844,664  
Interest Rate Swap, at fair value 731,830 0  
Payable for investments purchased 99,494 960,000  
Incentive fees payable 0 5,347,711  
Accrued expenses and other liabilities 3,746,826 2,720,148  
Total liabilities 1,137,907,696 1,011,170,807  
Commitments and contingencies (Note 5)  
Net Assets 785,123,667 687,601,546  
Composition of net assets applicable to common shareholders      
Common stock, $0.001 par value; 200,000,000 shares authorized, 85,080,447 and 57,767,264 shares issued and outstanding as of December 31, 2024 and December 31, 2023, respectively 85,080 57,767  
Paid-in capital in excess of par 1,731,057,459 967,643,255  
Distributable earnings (loss) (946,018,872) (280,099,476)  
Total net assets 785,123,667 687,601,546 $ 746,753,790
Total liabilities and net assets $ 1,923,031,363 $ 1,698,772,353  
Net assets per share $ 9.23 $ 11.9 $ 12.93
Non-Controlled, Non-Affiliated Investments      
Investments, at fair value:      
Total investments $ 1,565,603,753 $ 1,317,691,543  
Non-Controlled, Affiliated Investments      
Investments, at fair value:      
Total investments [1] 49,444,695 65,422,375 [2]  
Controlled Investments      
Investments, at fair value:      
Total investments $ 179,709,888 [3] $ 171,827,192 [4]  
[1] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[2] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[3] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[4] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
v3.25.0.1
Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Investment cost $ 2,019,214,062 $ 1,651,390,013
Net of deferred issuance costs $ 7,974,601 $ 3,355,221
Common stock, par value $ 0.001 $ 0.001
Common stock, shares authorized 200,000,000 200,000,000
Common stock, shares issued 85,080,447 57,767,264
Common stock, shares outstanding 85,080,447 57,767,264
Non-Controlled, Non-Affiliated Investments    
Investment cost $ 1,737,804,418 $ 1,389,865,889
Non-Controlled, Affiliated Investments    
Investment cost 59,606,472 63,188,613
Controlled Investments    
Investment cost $ 221,803,172 $ 198,335,511
v3.25.0.1
Consolidated Statements of Operations - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Investment income      
Total investment income $ 259,437,390 $ 209,328,883 $ 181,002,459
Operating expenses      
Interest and other debt expenses 72,164,042 47,810,740 39,358,896
Management fees 24,541,027 24,020,766 26,259,584
Incentive fees 19,236,336 22,602,949 18,759,613
Professional fees 3,196,682 2,173,123 1,767,652
Administrative expenses 2,389,479 1,532,284 1,760,905
Director fees 821,219 936,819 1,090,654
Insurance expense 783,631 558,020 638,006
Custody fees 380,582 365,107 339,886
Other operating expenses 3,643,968 2,525,002 2,589,090
Total operating expenses 127,156,966 102,524,810 92,564,286
Net investment income before taxes 132,280,424 106,804,073 88,438,173
Excise tax expense 522,554 247,315 0
Net investment income 131,757,870 106,556,758 88,438,173
Net realized gain (loss):      
Net realized gain (loss) (67,110,946) (31,648,232) (18,230,951)
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) [1] (127,784,096) (36,434,094) (79,432,554)
Net realized and unrealized gain (loss) (194,895,042) (68,082,326) (97,663,505)
Net increase (decrease) in net assets resulting from operations $ (63,137,172) $ 38,474,432 $ (9,225,332)
Basic earnings (loss) per share $ (0.79) $ 0.67 $ (0.16)
Diluted earnings (loss) per share $ (0.79) $ 0.67 $ (0.16)
Basic weighted average common shares outstanding 79,670,868 57,767,264 57,767,264
Diluted weighted average common shares outstanding 79,670,868 57,767,264 57,767,264
Non-Controlled, Non-Affiliated Investments      
Investment income      
Interest income (excluding PIK) $ 223,638,775 $ 183,528,944 $ 157,012,042
PIK interest income 14,084,097 9,422,286 7,899,134
Dividend income 1,549,846 1,133,826 1,017,828
Other income 145,080 376,214 881,611
Net realized gain (loss):      
Net realized gain (loss) (54,300,808) (31,648,232) (29,278,589)
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) [1] (99,794,086) (2,036,190) (72,517,792)
Non-Controlled, Affiliated Investments      
Investment income      
Interest income (excluding PIK) 1,475,521 1,046,044 148,805
PIK interest income 89,620 410,074 0
Dividend income 3,725,827 2,652,918 2,357,066
Other income 0 45,650 180,520
Net realized gain (loss):      
Net realized gain (loss) (12,810,138) 0 11,172,439
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) [1] (12,395,543) (28,656,798) (27,307,855)
Controlled Investments      
Investment income      
Interest income (excluding PIK) 10,469,100 10,061,227 7,710,565
PIK interest income 1,653,364 651,700 0
Dividend income 2,606,160 0 3,794,889
Net realized gain (loss):      
Net realized gain (loss) 0 0 (124,801)
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) [1] (15,584,976) (5,741,106) 20,393,093
Interest Rate Swap      
Net change in unrealized appreciation (depreciation):      
Net change in unrealized appreciation (depreciation) [1] $ (9,491) $ 0 $ 0
[1]

(1) Includes $21,347,357 change in unrealized appreciation from application of Merger accounting under ASC 805 for the year ended December 31, 2024 (see Note 12).
v3.25.0.1
Consolidated Statements of Operations (Parenthetical)
 12 Months Ended
Dec. 31, 2024
USD ($)
Income Statement [Abstract]  
Change in Unrealized Appreciation $ 21,347,357
v3.25.0.1
Consolidated Statements of Changes in Net Assets - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Balance $ 687,601,546 $ 746,753,790 $ 829,456,636
Balance (Shares) 57,767,264 57,767,264 57,767,264
Issuance of common stock in connection with the Merger $ 280,464,610    
Repurchase of Common Stock Value (4,524,639)    
Accounting Standards Update [Extensible Enumeration]     us-gaap:AccountingStandardsUpdate202006CumulativeEffectPeriodOfAdoptionMember
Net investment income 131,757,870 $ 106,556,758 $ 88,438,173
Net realized and unrealized gain (loss) (194,895,042) (68,082,326) (97,663,505)
Dividends paid to shareholders (115,280,678) (97,626,676) (73,364,425)
Balance $ 785,123,667 $ 687,601,546 $ 746,753,790
Balance (Shares) 85,080,447 57,767,264 57,767,264
Cumulative Effect Adjustment for the Adoption | ASU 2020-06      
Balance [1]   $ (113,089)  
Balance [1]     $ (113,089)
Common Stock      
Balance $ 57,767 $ 57,767 $ 57,767
Balance (Shares) 57,767,264 57,767,264 57,767,264
Issuance of common stock in connection with the Merger, Shares 27,823,870    
Issuance of common stock in connection with the Merger $ 27,824    
Repurchase of Common Stock Shares (510,687)    
Repurchase of Common Stock Value $ (511)    
Balance $ 85,080 $ 57,767 $ 57,767
Balance (Shares) 85,080,447 57,767,264 57,767,264
Paid in Capital in Excess of Par      
Balance $ 967,643,255 $ 967,890,570 $ 966,409,911
Issuance of common stock in connection with the Merger 280,436,786    
Repurchase of Common Stock Value (4,524,128)    
Tax reclassification of shareholders' equity in accordance with generally accepted accounting principles 487,501,546 (247,315) 4,790,255
Balance 1,731,057,459 967,643,255 967,890,570
Paid in Capital in Excess of Par | Cumulative Effect Adjustment for the Adoption | ASU 2020-06      
Balance [1]   (3,309,596)  
Balance [1]     (3,309,596)
Distributable earnings (loss)      
Balance (280,099,476) (221,194,547) (137,011,042)
Net investment income 131,757,870 106,556,758 88,438,173
Net realized and unrealized gain (loss) (194,895,042) (68,082,326) (97,663,505)
Dividends paid to shareholders (115,280,678) (97,626,676) (73,364,425)
Tax reclassification of shareholders' equity in accordance with generally accepted accounting principles (487,501,546) 247,315 (4,790,255)
Balance $ (946,018,872) (280,099,476) (221,194,547)
Distributable earnings (loss) | Cumulative Effect Adjustment for the Adoption | ASU 2020-06      
Balance [1]   $ 3,196,507  
Balance [1]     $ 3,196,507
[1] See Note 2 and Note 4 for further information related to the adoption of ASU 2020-06.
v3.25.0.1
Consolidated Statement of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities      
Net increase (decrease) in net assets resulting from operations $ (63,137,172) $ 38,474,432 $ (9,225,332)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:      
Net realized (gain) loss 67,110,946 31,648,232 18,230,951
Change in net unrealized (appreciation) depreciation of investments 127,718,167 36,256,621 79,727,077
Net amortization of investment discounts and premiums (21,849,303) (5,835,136) (9,558,688)
Amortization of original issue discount on debt 371,015 214,762 199,265
Interest and dividend income paid in kind (15,827,081) (10,392,996) (7,899,134)
Amortization of deferred debt issuance costs 4,678,811 3,037,427 3,011,599
Cash acquired in the Merger 11,670,610 0 0
Merger costs capitalized into purchase price (2,366,408) 0 0
Changes in assets and liabilities:      
Purchase of investments [1],[2] (325,794,590) (215,700,132) (330,408,650)
Proceeds from disposition of investments [1] 517,085,063 218,669,941 481,458,510
Decrease (increase) in interest, dividends and fees receivable [1] 11,673,902 (4,746,887) (842,693)
Decrease (increase) in due from broker [1] 1,274,539 0 0
Decrease (increase) in receivable for investments sold [1] (3,816,255) 0 6,024,981
Decrease (increase) in prepaid expenses and other assets [1] 208,345 559,118 (159,893)
Increase (decrease) in payable for investments purchased [1] (1,454,570) (977,465) (27,056,925)
Increase (decrease) in incentive fees payable [1] (6,711,336) 464,136 1,141,132
Increase (decrease) in interest and debt related payables [1] (3,029,629) 1,146,832 (1,602,945)
Increase (decrease) in Interest Rate Swap, at fair value [1] (996,337) 0 0
Increase (decrease) in reimbursements due to the Advisor [1] 87,560 (654,069) 556,639
Increase (decrease) in management fees payable [1] (1,827,798) (394,097) (219,974)
Increase (decrease) in accrued expenses and other liabilities [1] (1,946,403) 682,979 572,604
Net cash provided by (used in) operating activities [1] 293,122,075 92,453,698 203,948,524
Financing activities      
Draws on credit facilities 372,843,137 292,695,015 572,601,699
Repayments of credit facility draws (622,500,000) (253,416,188) (503,191,263)
Payments of debt issuance costs (8,440,948) (1,410,711) 0
Dividends paid to shareholders [3] (122,537,869) (100,515,039) (70,476,062)
Repurchase of shares (4,524,639) 0 0
Repayment of convertible notes 0 0 (140,000,000)
Repayment of unsecured notes (250,000,000) 0 0
Proceeds from issuance of unsecured notes 321,386,000 0 0
Net cash provided by (used in) financing activities (313,774,319) (62,646,923) (141,065,626)
Net increase (decrease) in cash and cash equivalents (including restricted cash) (20,652,244) 29,806,775 62,882,898
Cash and cash equivalents (including restricted cash) at beginning of period 112,241,946 82,435,171 19,552,273
Cash and cash equivalents (including restricted cash) at end of period 91,589,702 112,241,946 82,435,171
Supplemental cash flow information      
Interest payments 68,818,965 42,591,908 36,920,429
Excise tax payments 165,495 48,604 0
Distributions Payable 0 0 2,888,363
Non-cash assets acquired      
Investments [4],[5] 586,983,708 0 0
Interest, dividends and fees receivable [4] 10,373,421 0 0
Due from broker [4] 2,048,141 0 0
Other assets [4] 3,731,006 0 0
Total non-cash assets acquired [4] 603,136,276 0 0
Liabilities assumed      
Debt [4] 315,296,749 0 0
Dividends payable [4] 7,257,191 0 0
Management fees payable [4] 1,888,664 0 0
Interest Rate Swap, at fair value [4] 1,674,309 0 0
Incentive fees payable [4] 1,363,625 0 0
Other liabilities [4] 4,495,330 0 0
Total liabilities assumed [4] 331,975,868 0 0
Issuance of shares in connection with the Merger [4] 280,464,610 0 0
Merger costs capitalized into purchase price [4] $ 2,366,408 $ 0 $ 0
[1] Adjusted for assets acquired and liabilities assumed as a result of the Merger (as defined in Note 1 “Organization and Nature of Operations”), as applicable.
[2] Excludes $586,983,708 of cost of investments acquired in connection with the Merger.
[3] Includes payment of dividends payable of $7,257,191 assumed in the Merger declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024.
[4] On March 18, 2024, in connection with the Merger, the Company acquired net assets in exchange for shares issued of the Company's common stock with a market value of $280,464,610 plus $2,366,408 in merger costs capitalized into the purchase price.
[5] Investments acquired were recorded at fair value at the date of the acquisition, which is also the Company's initial cost basis in the investments, and reflects the impact of a $21,886,848 purchase discount.
v3.25.0.1
Consolidated Statements of Cash Flows (Parenthetical)
 3 Months Ended
Mar. 31, 2024
USD ($)
Statement of Cash Flows [Abstract]  
Amortized cost $ 586,983,708
Dividends payable 7,257,191
Market value 280,464,610
Business acquisition, purchase discount $ 21,886,848
Business Combination, Bargain Purchase, Gain, Statement of Income or Comprehensive Income [Extensible Enumeration] Net Investment Income
v3.25.0.1
Consolidated Schedule of Investments - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule Of Investments [Line Items]      
Cost $ 2,019,214,062 $ 1,651,390,013  
Fair Value 1,794,758,336 1,554,941,110  
Fair Value $ (731,830) 0  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.37%    
Maturity [1],[2] Dec. 20, 2031    
Principal/Shares [1],[2] $ 12,041,942    
Cost [1],[2] 11,891,418    
Fair Value [1],[2] $ 11,891,418    
% of Total Cash and Investments [1],[2] 0.63%    
Investment, Identifier [Axis]: Cash and Cash Equivalents      
Schedule Of Investments [Line Items]      
Fair Value $ 91,589,702 $ 112,241,946 [3]  
% of Total Cash and Investments 4.86% 6.73% [3]  
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Membership Units      
Schedule Of Investments [Line Items]      
Fair Value $ 51,054,000 [4] $ 50,541,000 [4],[5] $ 56,272,000 [5]
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25      
Schedule Of Investments [Line Items]      
Fair Value 59,756,438 [4] 52,318,937 [4],[5] 50,131,437 [5]
Investment, Identifier [Axis]: Controlled Affiliates, AA Acquisition Aggregator, LLC, Ordinary Shares      
Schedule Of Investments [Line Items]      
Fair Value 9,513,635 [4] 9,985,207 [4],[5] 0 [5]
Investment, Identifier [Axis]: Controlled Affiliates, Anacomp, Inc., Class A Common Stock      
Schedule Of Investments [Line Items]      
Fair Value $ 1,155,295 [4] 843,074 [4],[5] 552,432 [5]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Class A Common Interest      
Schedule Of Investments [Line Items]      
Fair Value [5]   0 0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Preferred Equity      
Schedule Of Investments [Line Items]      
Fair Value [5]   $ 0 0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28      
Schedule Of Investments [Line Items]      
Floor [5]   1.00%  
Spread 5.40% [4] 5.40% [5]  
Fair Value $ 18,812,631 [4] $ 18,812,631 [4],[5] 0 [5]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29      
Schedule Of Investments [Line Items]      
Floor 1.00% [4] 1.00% [5]  
Spread 9.40% [4] 9.40% [5]  
Fair Value $ 10,718,897 [4] $ 9,256,229 [4],[5] 0 [5]
Investment, Identifier [Axis]: Controlled Affiliates, Conventional Lending TCP Holdings, LLC, Membership Units      
Schedule Of Investments [Line Items]      
Fair Value 14,543,083 [4] 16,376,544 [4],[5] 16,146,544 [5]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl INC., Common Membership Units      
Schedule Of Investments [Line Items]      
Fair Value 0 [4] 135,403 [4],[5] 577,277 [5]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027      
Schedule Of Investments [Line Items]      
Fair Value [4] $ 7,843,476 $ 12,089,579  
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027      
Schedule Of Investments [Line Items]      
Floor [5]   1.00%  
Spread [5]   5.00%  
Fair Value [5]   $ 12,089,579 12,089,579
Investment, Identifier [Axis]: Controlled Affiliates, Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021      
Schedule Of Investments [Line Items]      
Spread [4] 11.00%    
Fair Value [4] $ 5,016,017    
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21      
Schedule Of Investments [Line Items]      
Fair Value [4] 60,889 101,315  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22      
Schedule Of Investments [Line Items]      
Fair Value [5]   101,315 101,315
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Ordinary Shares      
Schedule Of Investments [Line Items]      
Fair Value 0 [4] 0 [4],[5] 0 [5]
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/21      
Schedule Of Investments [Line Items]      
Fair Value [4] $ 1,235,527 1,367,273  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22      
Schedule Of Investments [Line Items]      
Fair Value [5]   1,367,273 1,862,701
Investment, Identifier [Axis]: Controlled Affiliates, Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027      
Schedule Of Investments [Line Items]      
Floor [4] 1.00%    
Investment, Identifier [Axis]: Controlled Affiliates,AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28      
Schedule Of Investments [Line Items]      
Floor [4] 1.00%    
Investment, Identifier [Axis]: Controlled Affiliates,Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021      
Schedule Of Investments [Line Items]      
Floor [4] 1.00%    
Investment, Identifier [Axis]: Controlled Affiliates,Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027      
Schedule Of Investments [Line Items]      
Spread [4] 5.00%    
Investment, Identifier [Axis]: Controlled Affiliates,Total      
Schedule Of Investments [Line Items]      
Fair Value [4]   171,827,192  
Investment, Identifier [Axis]: ControlledAffiliatesMember      
Schedule Of Investments [Line Items]      
Fair Value [5]     137,733,285
Investment, Identifier [Axis]: Debt Investments      
Schedule Of Investments [Line Items]      
Cost $ 1,825,381,814 [1] 1,486,675,592 [3]  
Fair Value $ 1,642,572,999 [1] $ 1,389,190,356 [3]  
% of Total Cash and Investments 87.08% [1] 83.33% [3]  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense      
Schedule Of Investments [Line Items]      
Cost [1] $ 12,866,052    
Fair Value [1] $ 12,862,500    
% of Total Cash and Investments [1] 0.68%    
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 2.50%    
Spread [1],[2],[6] 2.75%    
Spread PIK [1],[2],[6] 2.75%    
Total Coupon [1],[2],[6] 10.02%    
Maturity [1],[2],[6] Dec. 04, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (129,218)    
Fair Value [1],[2],[6] $ (131,250)    
% of Total Cash and Investments [1],[2],[6] (0.01%)    
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.50%    
Spread [1],[2] 2.75%    
Spread PIK [1],[2] 2.75%    
Total Coupon [1],[2] 10.02%    
Maturity [1],[2] Dec. 04, 2029    
Principal/Shares [1],[2] $ 13,125,000    
Cost [1],[2] 12,995,270    
Fair Value [1],[2] $ 12,993,750    
% of Total Cash and Investments [1],[2] 0.69%    
Investment, Identifier [Axis]: Debt Investments Automobiles      
Schedule Of Investments [Line Items]      
Cost $ 38,058,724 [1] $ 34,629,441 [3]  
Fair Value $ 38,111,113 [1] $ 34,533,867 [3]  
% of Total Cash and Investments 2.03% [1] 2.07% [3]  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   1.00%  
Spread [3],[7],[8]   6.75%  
Total Coupon [3],[7],[8]   12.39%  
Maturity [3],[7],[8]   Apr. 15, 2026  
Principal/Shares [3],[7],[8]   $ 5,954,228  
Cost [3],[7],[8]   5,902,287  
Fair Value [3],[7],[8]   $ 5,817,281  
% of Total Cash and Investments [3],[7],[8]   0.35%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 1.00%    
Spread [1],[2],[9] 7.01%    
Total Coupon [1],[2],[9] 11.34%    
Maturity [1],[2],[9] Feb. 25, 2026    
Principal/Shares [1],[2],[9] $ 7,734,970    
Cost [1],[2],[9] 7,640,976    
Fair Value [1],[2],[9] $ 7,688,560    
% of Total Cash and Investments [1],[2],[9] 0.41%    
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   1.00%  
Spread [3],[7],[8]   6.75%  
Total Coupon [3],[7],[8]   12.39%  
Maturity [3],[7],[8]   Apr. 15, 2026  
Principal/Shares [3],[7],[8]   $ 662,974  
Cost [3],[7],[8]   658,294  
Fair Value [3],[7],[8]   $ 647,726  
% of Total Cash and Investments [3],[7],[8]   0.04%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 1.00%    
Spread [1],[2],[9] 7.01%    
Total Coupon [1],[2],[9] 11.34%    
Maturity [1],[2],[9] Feb. 25, 2026    
Principal/Shares [1],[2],[9] $ 896,404    
Cost [1],[2],[9] 886,220    
Fair Value [1],[2],[9] $ 891,025    
% of Total Cash and Investments [1],[2],[9] 0.05%    
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10]   1.00%  
Spread [3],[7],[10]   5.40%  
Total Coupon [3],[7],[10]   10.79%  
Maturity [3],[7],[10]   Mar. 31, 2028  
Principal/Shares [3],[7],[10]   $ 18,812,631  
Cost [3],[7],[10]   18,812,631  
Fair Value [3],[7],[10]   $ 18,812,631  
% of Total Cash and Investments [3],[7],[10]   1.13%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11] 1.00%    
Spread [1],[2],[11] 5.40%    
Total Coupon [1],[2],[11] 9.99%    
Maturity [1],[2],[11] Mar. 31, 2028    
Principal/Shares [1],[2],[11] $ 18,812,631    
Cost [1],[2],[11] 18,812,631    
Fair Value [1],[2],[11] $ 18,812,631    
% of Total Cash and Investments [1],[2],[11] 1.00%    
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10]   1.00%  
Spread [3],[7],[10]   9.40%  
Total Coupon [3],[7],[10]   14.79%  
Maturity [3],[7],[10]   Mar. 31, 2029  
Principal/Shares [3],[7],[10]   $ 9,256,229  
Cost [3],[7],[10]   9,256,229  
Fair Value [3],[7],[10]   $ 9,256,229  
% of Total Cash and Investments [3],[7],[10]   0.55%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11] 1.00%    
Spread PIK [1],[2],[11] 9.40%    
Total Coupon [1],[2],[11] 13.99%    
Maturity [1],[2],[11] Mar. 31, 2029    
Principal/Shares [1],[2],[11] $ 10,718,897    
Cost [1],[2],[11] 10,718,897    
Fair Value [1],[2],[11] $ 10,718,897    
% of Total Cash and Investments [1],[2],[11] 0.57%    
Investment, Identifier [Axis]: Debt Investments Building Products      
Schedule Of Investments [Line Items]      
Cost [1] $ 12,756,451    
Fair Value [1] $ 12,031,895    
% of Total Cash and Investments [1] 0.64%    
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.55%    
Maturity [1],[2] Aug. 01, 2030    
Principal/Shares [1],[2] $ 2,000,421    
Cost [1],[2] 1,961,606    
Fair Value [1],[2] $ 1,976,416    
% of Total Cash and Investments [1],[2] 0.10%    
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.10%    
Total Coupon [1],[2] 10.43%    
Maturity [1],[2] Apr. 30, 2027    
Principal/Shares [1],[2] $ 9,452,421    
Cost [1],[2] 9,215,178    
Fair Value [1],[2] $ 8,422,107    
% of Total Cash and Investments [1],[2] 0.45%    
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.10%  
Total Coupon [3],[7]   11.45%  
Maturity [3],[7]   Apr. 30, 2027  
Principal/Shares [3],[7]   $ 7,063,314  
Cost [3],[7]   6,974,654  
Fair Value [3],[7]   $ 6,554,755  
% of Total Cash and Investments [3],[7]   0.39%  
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.59%    
Maturity [1],[2] Feb. 22, 2030    
Principal/Shares [1],[2] $ 1,635,417    
Cost [1],[2] 1,579,667    
Fair Value [1],[2] $ 1,633,372    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments Capital Markets      
Schedule Of Investments [Line Items]      
Cost $ 44,336,836 [1] $ 45,458,682 [3]  
Fair Value $ 44,645,885 [1] $ 46,356,790 [3]  
% of Total Cash and Investments 2.37% [1] 2.78% [3]  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Jan. 31, 2031    
Principal/Shares [1],[2] $ 5,236,875    
Cost [1],[2] 4,986,030    
Fair Value [1],[2] $ 5,247,349    
% of Total Cash and Investments [1],[2] 0.28%    
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Jan. 31, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (13,344)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.50%  
Spread [3],[7],[12]   7.51%  
Total Coupon [3],[7],[12]   12.89%  
Maturity [3],[7],[12]   Feb. 07, 2025  
Principal/Shares [3],[7],[12]   $ 24,415,870  
Cost [3],[7],[12]   23,922,187  
Fair Value [3],[7],[12]   $ 24,391,455  
% of Total Cash and Investments [3],[7],[12]   1.46%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.50%    
Spread [1],[2] 7.51%    
Total Coupon [1],[2] 12.10%    
Maturity [1],[2] Feb. 08, 2027    
Principal/Shares [1],[2] $ 17,285,388    
Cost [1],[2] 17,165,438    
Fair Value [1],[2] $ 17,129,820    
% of Total Cash and Investments [1],[2] 0.91%    
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.50%  
Spread [3],[7],[12]   7.51%  
Total Coupon [3],[7],[12]   12.88%  
Maturity [3],[7],[12]   Feb. 07, 2025  
Principal/Shares [3],[7],[12]   $ 21,791,007  
Cost [3],[7],[12]   21,536,495  
Fair Value [3],[7],[12]   $ 21,965,335  
% of Total Cash and Investments [3],[7],[12]   1.32%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.50%    
Spread [1],[2] 7.51%    
Total Coupon [1],[2] 12.17%    
Maturity [1],[2] Feb. 08, 2027    
Principal/Shares [1],[2] $ 22,291,007    
Cost [1],[2] 22,198,712    
Fair Value [1],[2] $ 22,268,716    
% of Total Cash and Investments [1],[2] 1.18%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies      
Schedule Of Investments [Line Items]      
Cost $ 16,146,093 [1] $ 8,289,244 [3]  
Fair Value $ 16,724,411 [1] $ 8,041,435 [3]  
% of Total Cash and Investments 0.89% [1] 0.48% [3]  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.33%    
Maturity [1],[2] Dec. 26, 2030    
Principal/Shares [1],[2] $ 500,000    
Cost [1],[2] 490,006    
Fair Value [1],[2] $ 490,000    
% of Total Cash and Investments [1],[2] 0.03%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 1.90%    
Spread PIK [1],[2] 3.50%    
Total Coupon [1],[2] 9.99%    
Maturity [1],[2] Nov. 06, 2028    
Principal/Shares [1],[2] $ 1,333,891    
Cost [1],[2] 1,299,716    
Fair Value [1],[2] $ 1,333,891    
% of Total Cash and Investments [1],[2] 0.07%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 1.15%    
Spread PIK [1],[2] 7.00%    
Total Coupon [1],[2] 12.74%    
Maturity [1],[2] Nov. 06, 2028    
Principal/Shares [1],[2] $ 588,214    
Cost [1],[2] 373,598    
Fair Value [1],[2] $ 588,214    
% of Total Cash and Investments [1],[2] 0.03%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.50%    
Total Coupon [1],[2] 10.83%    
Maturity [1],[2] Aug. 23, 2028    
Principal/Shares [1],[2] $ 1,174,408    
Cost [1],[2] 1,131,768    
Fair Value [1],[2] $ 1,159,247    
% of Total Cash and Investments [1],[2] 0.06%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.50%    
Total Coupon [1],[2] 10.83%    
Maturity [1],[2] Aug. 23, 2028    
Principal/Shares [1],[2] $ 707,766    
Cost [1],[2] 659,082    
Fair Value [1],[2] $ 678,788    
% of Total Cash and Investments [1],[2] 0.04%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.50%    
Total Coupon [1],[2] 10.83%    
Maturity [1],[2] Aug. 23, 2028    
Principal/Shares [1],[2] $ 1,693,151    
Cost [1],[2] 1,625,755    
Fair Value [1],[2] $ 1,671,292    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.50%    
Total Coupon [1],[2] 10.83%    
Maturity [1],[2] Aug. 23, 2027    
Principal/Shares [1],[2] $ 425,793    
Cost [1],[2] 413,629    
Fair Value [1],[2] $ 419,925    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.60%  
Maturity [3],[7]   Aug. 23, 2028  
Principal/Shares [3],[7]   $ 248,281  
Cost [3],[7]   243,106  
Fair Value [3],[7]   $ 244,383  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.63%  
Maturity [3],[7]   Aug. 23, 2028  
Principal/Shares [3],[7]   $ 357,969  
Cost [3],[7]   350,756  
Fair Value [3],[7]   $ 352,349  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) Sr Secured Revolver Ref ABR Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 8/23/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   5.25%  
Total Coupon [3],[7]   13.75%  
Maturity [3],[7]   Aug. 23, 2027  
Principal/Shares [3],[7]   $ 19,583  
Cost [3],[7]   18,469  
Fair Value [3],[7]   $ 18,684  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.10%    
Total Coupon [1],[2] 11.91%    
Maturity [1],[2] Aug. 31, 2029    
Principal/Shares [1],[2] $ 10,383,054    
Cost [1],[2] 10,152,539    
Fair Value [1],[2] $ 10,383,054    
% of Total Cash and Investments [1],[2] 0.55%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   7.40%  
Total Coupon [3],[7]   12.79%  
Maturity [3],[7]   Aug. 31, 2029  
Principal/Shares [3],[7]   $ 7,767,802  
Cost [3],[7]   7,676,913  
Fair Value [3],[7]   $ 7,426,019  
% of Total Cash and Investments [3],[7]   0.45%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment      
Schedule Of Investments [Line Items]      
Cost $ 1,081,667 [1] $ 1,081,667 [3]  
Fair Value $ 0 [1] $ 0 [3]  
% of Total Cash and Investments 0.00% [1] 0.00% [3]  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread PIK [1],[2],[13],[14] 12.50%    
Total Coupon [1],[2],[13],[14] 12.50%    
Maturity [1],[2],[13],[14] Jun. 30, 2025    
Principal/Shares [1],[2],[13],[14] $ 88,455    
Cost [1],[2],[13],[14] 58,350    
Fair Value [1],[2],[13],[14] $ 0    
% of Total Cash and Investments [1],[2],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[16]   0.00%  
Spread PIK [3],[7],[15],[16]   12.50%  
Total Coupon [3],[7],[15],[16]   12.50%  
Maturity [3],[7],[15],[16]   Apr. 13, 2024  
Principal/Shares [3],[7],[15],[16]   $ 88,455  
Cost [3],[7],[15],[16]   58,350  
Fair Value [3],[7],[15],[16]   $ 0  
% of Total Cash and Investments [3],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread PIK [1],[2],[13],[14] 12.50%    
Total Coupon [1],[2],[13],[14] 12.50%    
Maturity [1],[2],[13],[14] Jun. 30, 2025    
Principal/Shares [1],[2],[13],[14] $ 265,368    
Cost [1],[2],[13],[14] 174,283    
Fair Value [1],[2],[13],[14] $ 0    
% of Total Cash and Investments [1],[2],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[16]   0.00%  
Spread PIK [3],[7],[15],[16]   12.50%  
Total Coupon [3],[7],[15],[16]   12.50%  
Maturity [3],[7],[15],[16]   Apr. 13, 2024  
Principal/Shares [3],[7],[15],[16]   $ 265,368  
Cost [3],[7],[15],[16]   174,283  
Fair Value [3],[7],[15],[16]   $ 0  
% of Total Cash and Investments [3],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread PIK [1],[2],[13],[14] 12.50%    
Total Coupon [1],[2],[13],[14] 12.50%    
Maturity [1],[2],[13],[14] Jun. 30, 2025    
Principal/Shares [1],[2],[13],[14] $ 1,071,041    
Cost [1],[2],[13],[14] 650,880    
Fair Value [1],[2],[13],[14] $ 0    
% of Total Cash and Investments [1],[2],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[16]   0.00%  
Spread PIK [3],[7],[15],[16]   12.50%  
Total Coupon [3],[7],[15],[16]   12.50%  
Maturity [3],[7],[15],[16]   Apr. 13, 2024  
Principal/Shares [3],[7],[15],[16]   $ 1,071,041  
Cost [3],[7],[15],[16]   650,880  
Fair Value [3],[7],[15],[16]   $ 0  
% of Total Cash and Investments [3],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread PIK [1],[2],[13],[14] 12.50%    
Total Coupon [1],[2],[13],[14] 12.50%    
Maturity [1],[2],[13],[14] Jun. 30, 2025    
Principal/Shares [1],[2],[13],[14] $ 315,185    
Cost [1],[2],[13],[14] 198,154    
Fair Value [1],[2],[13],[14] $ 0    
% of Total Cash and Investments [1],[2],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[16]   0.00%  
Spread PIK [3],[7],[15],[16]   12.50%  
Total Coupon [3],[7],[15],[16]   12.50%  
Maturity [3],[7],[15],[16]   Oct. 13, 2024  
Principal/Shares [3],[7],[15],[16]   $ 315,185  
Cost [3],[7],[15],[16]   198,154  
Fair Value [3],[7],[15],[16]   $ 0  
% of Total Cash and Investments [3],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering      
Schedule Of Investments [Line Items]      
Cost $ 53,379,995 [1] $ 30,765,181 [3]  
Fair Value $ 44,531,150 [1] $ 30,723,481 [3]  
% of Total Cash and Investments 2.36% [1] 1.84% [3]  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.26%  
Total Coupon [3],[7],[17]   11.61%  
Maturity [3],[7],[17]   Mar. 31, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (58,423)  
Fair Value [3],[7],[17]   $ (73,029)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.26%  
Total Coupon [3],[7]   11.61%  
Maturity [3],[7]   Mar. 31, 2028  
Principal/Shares [3],[7]   $ 8,825,389  
Cost [3],[7]   8,648,881  
Fair Value [3],[7]   $ 8,604,754  
% of Total Cash and Investments [3],[7]   0.51%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.26%  
Total Coupon [3],[7],[17]   11.61%  
Maturity [3],[7],[17]   Mar. 31, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (29,212)  
Fair Value [3],[7],[17]   $ (36,515)  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.18%  
Maturity [3],[7]   Nov. 23, 2027  
Principal/Shares [3],[7]   $ 2,788,293  
Cost [3],[7]   2,744,082  
Fair Value [3],[7]   $ 2,643,302  
% of Total Cash and Investments [3],[7]   0.16%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.19%  
Maturity [3],[7]   Nov. 23, 2027  
Principal/Shares [3],[7]   $ 2,481,621  
Cost [3],[7]   2,438,418  
Fair Value [3],[7]   $ 2,352,577  
% of Total Cash and Investments [3],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.19%  
Maturity [3],[7]   Nov. 23, 2027  
Principal/Shares [3],[7]   $ 690,482  
Cost [3],[7]   679,463  
Fair Value [3],[7]   $ 654,577  
% of Total Cash and Investments [3],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread PIK [1],[2],[14] 8.60%    
Total Coupon [1],[2],[14] 12.96%    
Maturity [1],[2],[14] Nov. 23, 2027    
Principal/Shares [1],[2],[14] $ 6,471,731    
Cost [1],[2],[14] 5,948,389    
Fair Value [1],[2],[14] $ 2,323,466    
% of Total Cash and Investments [1],[2],[14] 0.12%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread PIK [1],[2],[14] 8.60%    
Total Coupon [1],[2],[14] 12.96%    
Maturity [1],[2],[14] Nov. 23, 2027    
Principal/Shares [1],[2],[14] $ 8,894,358    
Cost [1],[2],[14] 7,953,937    
Fair Value [1],[2],[14] $ 3,193,859    
% of Total Cash and Investments [1],[2],[14] 0.17%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 9.10%    
Total Coupon [1],[2] 13.44%    
Maturity [1],[2] Nov. 23, 2027    
Principal/Shares [1],[2] $ 822,292    
Cost [1],[2] 806,814    
Fair Value [1],[2] $ 822,292    
% of Total Cash and Investments [1],[2] 0.04%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.50%    
Spread PIK [1],[2] 11.10%    
Total Coupon [1],[2] 15.44%    
Maturity [1],[2] Mar. 13, 2025    
Principal/Shares [1],[2] $ 1,802,075    
Cost [1],[2] 1,509,083    
Fair Value [1],[2] $ 1,802,075    
% of Total Cash and Investments [1],[2] 0.10%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.50%    
Spread PIK [1],[2] 11.10%    
Total Coupon [1],[2] 15.46%    
Maturity [1],[2] Mar. 13, 2025    
Principal/Shares [1],[2] $ 1,008,793    
Cost [1],[2] 889,617    
Fair Value [1],[2] $ 1,008,793    
% of Total Cash and Investments [1],[2] 0.05%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.50%    
Spread PIK [1],[2] 9.10%    
Total Coupon [1],[2] 13.54%    
Maturity [1],[2] Mar. 13, 2025    
Principal/Shares [1],[2] $ 367,667    
Cost [1],[2] 363,290    
Fair Value [1],[2] $ 367,667    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread PIK [1],[2],[14] 8.60%    
Total Coupon [1],[2],[14] 12.94%    
Maturity [1],[2],[14] Nov. 23, 2027    
Principal/Shares [1],[2],[14] $ 2,091,019    
Cost [1],[2],[14] 1,885,901    
Fair Value [1],[2],[14] $ 750,429    
% of Total Cash and Investments [1],[2],[14] 0.04%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[18] 2.00%    
Spread [1],[2],[18] 6.25%    
Total Coupon [1],[2],[18] 10.80%    
Maturity [1],[2],[18] Apr. 05, 2029    
Principal/Shares [1],[2],[18] $ 11,709,782    
Cost [1],[2],[18] 11,575,692    
Fair Value [1],[2],[18] $ 11,376,522    
% of Total Cash and Investments [1],[2],[18] 0.60%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[19]   1.00%  
Spread [3],[7],[19]   8.00%  
Total Coupon [3],[7],[19]   13.47%  
Maturity [3],[7],[19]   Feb. 22, 2026  
Principal/Shares [3],[7],[19]   $ 4,983,707  
Cost [3],[7],[19]   4,983,707  
Fair Value [3],[7],[19]   $ 4,979,720  
% of Total Cash and Investments [3],[7],[19]   0.30%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[19]   1.00%  
Spread [3],[7],[19]   10.00%  
Total Coupon [3],[7],[19]   15.47%  
Maturity [3],[7],[19]   Mar. 11, 2027  
Principal/Shares [3],[7],[19]   $ 5,237,535  
Cost [3],[7],[19]   5,086,500  
Fair Value [3],[7],[19]   $ 5,232,821  
% of Total Cash and Investments [3],[7],[19]   0.31%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.51%    
Maturity [1],[2] Feb. 01, 2030    
Principal/Shares [1],[2] $ 2,782,103    
Cost [1],[2] 2,743,656    
Fair Value [1],[2] $ 2,793,231    
% of Total Cash and Investments [1],[2] 0.15%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.03%  
Maturity [3],[7]   Feb. 01, 2030  
Principal/Shares [3],[7]   $ 816,228  
Cost [3],[7]   761,052  
Fair Value [3],[7]   $ 784,845  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.53%    
Maturity [1],[2] Feb. 01, 2030    
Principal/Shares [1],[2] $ 6,796,324    
Cost [1],[2] 6,593,218    
Fair Value [1],[2] $ 6,823,509    
% of Total Cash and Investments [1],[2] 0.36%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.04%  
Maturity [3],[7]   Feb. 01, 2030  
Principal/Shares [3],[7]   $ 5,126,947  
Cost [3],[7]   4,990,101  
Fair Value [3],[7]   $ 5,050,043  
% of Total Cash and Investments [3],[7]   0.30%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.65%  
Total Coupon [3],[7],[17]   12.04%  
Maturity [3],[7],[17]   Feb. 01, 2030  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (21,388)  
Fair Value [3],[7],[17]   $ (12,565)  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Aug. 28, 2030    
Principal/Shares [1],[2] $ 8,665,152    
Cost [1],[2] 8,538,830    
Fair Value [1],[2] $ 8,621,826    
% of Total Cash and Investments [1],[2] 0.46%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Aug. 28, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (18,610)    
Fair Value [1],[2],[6] $ (17,333)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.75%    
Total Coupon [1],[2] 10.26%    
Maturity [1],[2] May 31, 2030    
Principal/Shares [1],[2] $ 0    
Cost [1],[2] 0    
Fair Value [1],[2] $ 349    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.75%    
Total Coupon [1],[2] 10.26%    
Maturity [1],[2] May 31, 2030    
Principal/Shares [1],[2] $ 1,855,814    
Cost [1],[2] 1,809,419    
Fair Value [1],[2] $ 1,857,670    
% of Total Cash and Investments [1],[2] 0.10%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.36%    
Maturity [1],[2] Sep. 04, 2029    
Principal/Shares [1],[2] $ 1,281,179    
Cost [1],[2] 1,280,384    
Fair Value [1],[2] $ 1,268,367    
% of Total Cash and Investments [1],[2] 0.07%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.36%  
Maturity [3],[7]   Sep. 04, 2029  
Principal/Shares [3],[7]   $ 214,651  
Cost [3],[7]   210,049  
Fair Value [3],[7]   $ 210,358  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.36%    
Maturity [1],[2] Sep. 04, 2029    
Principal/Shares [1],[2] $ 1,539,980    
Cost [1],[2] 1,485,512    
Fair Value [1],[2] $ 1,524,580    
% of Total Cash and Investments [1],[2] 0.08%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.36%  
Maturity [3],[7]   Sep. 04, 2029  
Principal/Shares [3],[7]   $ 331,201  
Cost [3],[7]   324,038  
Fair Value [3],[7]   $ 324,577  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.36%    
Maturity [1],[2] Sep. 04, 2029    
Principal/Shares [1],[2] $ 15,411    
Cost [1],[2] 14,863    
Fair Value [1],[2] $ 13,848    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.36%  
Maturity [3],[7]   Sep. 04, 2029  
Principal/Shares [3],[7]   $ 9,578  
Cost [3],[7]   7,913  
Fair Value [3],[7]   8,016  
Investment, Identifier [Axis]: Debt Investments Consumer Finance      
Schedule Of Investments [Line Items]      
Cost $ 28,532,318 [1] 18,622,750 [3]  
Fair Value $ 28,772,279 [1] $ 18,481,342 [3]  
% of Total Cash and Investments 1.52% [1] 1.11% [3]  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   9.00%  
Total Coupon [3],[7]   14.64%  
Maturity [3],[7]   Sep. 21, 2027  
Principal/Shares [3],[7]   $ 2,500,000  
Cost [3],[7]   2,450,322  
Fair Value [3],[7]   $ 2,412,500  
% of Total Cash and Investments [3],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 9.25%    
Total Coupon [1],[2] 13.66%    
Maturity [1],[2] Sep. 21, 2027    
Principal/Shares [1],[2] $ 4,125,334    
Cost [1],[2] 4,000,528    
Fair Value [1],[2] $ 4,022,200    
% of Total Cash and Investments [1],[2] 0.21%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   9.00%  
Total Coupon [3],[7]   14.50%  
Maturity [3],[7]   Sep. 21, 2027  
Principal/Shares [3],[7]   $ 7,500,000  
Cost [3],[7]   7,346,913  
Fair Value [3],[7]   $ 7,237,500  
% of Total Cash and Investments [3],[7]   0.43%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 9.25%    
Total Coupon [1],[2] 13.53%    
Maturity [1],[2] Sep. 21, 2027    
Principal/Shares [1],[2] $ 12,376,001    
Cost [1],[2] 12,000,219    
Fair Value [1],[2] $ 12,066,601    
% of Total Cash and Investments [1],[2] 0.64%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.50%    
Total Coupon [1],[2] 11.83%    
Maturity [1],[2] Mar. 30, 2029    
Principal/Shares [1],[2] $ 4,276,012    
Cost [1],[2] 4,125,110    
Fair Value [1],[2] $ 4,193,741    
% of Total Cash and Investments [1],[2] 0.22%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   12.85%  
Maturity [3],[7]   Mar. 30, 2029  
Principal/Shares [3],[7]   $ 2,159,767  
Cost [3],[7]   2,100,379  
Fair Value [3],[7]   $ 2,121,323  
% of Total Cash and Investments [3],[7]   0.13%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.50%    
Total Coupon [1],[2] 11.83%    
Maturity [1],[2] Mar. 30, 2029    
Principal/Shares [1],[2] $ 333,500    
Cost [1],[2] 323,357    
Fair Value [1],[2] $ 322,806    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.50%  
Total Coupon [3],[7],[17]   12.85%  
Maturity [3],[7],[17]   Mar. 30, 2029  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (7,333)  
Fair Value [3],[7],[17]   $ (4,947)  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 8.35%    
Total Coupon [1],[2] 12.92%    
Maturity [1],[2] Dec. 14, 2027    
Principal/Shares [1],[2] $ 8,249,426    
Cost [1],[2] 8,083,104    
Fair Value [1],[2] $ 8,166,931    
% of Total Cash and Investments [1],[2] 0.43%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   8.35%  
Total Coupon [3],[7]   13.71%  
Maturity [3],[7]   Dec. 14, 2027  
Principal/Shares [3],[7]   $ 6,852,007  
Cost [3],[7]   6,732,469  
Fair Value [3],[7]   $ 6,714,966  
% of Total Cash and Investments [3],[7]   0.41%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging      
Schedule Of Investments [Line Items]      
Cost [1] $ 21,763,006    
Fair Value [1] $ 20,191,800    
% of Total Cash and Investments [1] 1.07%    
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   13.04%  
Maturity [3],[7]   Dec. 14, 2029  
Principal/Shares [3],[7]   $ 13,079,848  
Cost [3],[7]   12,836,393  
Fair Value [3],[7]   $ 11,667,224  
% of Total Cash and Investments [3],[7]   0.70%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.65%    
Total Coupon [1],[2] 12.16%    
Maturity [1],[2] Dec. 14, 2029    
Principal/Shares [1],[2] $ 17,639,207    
Cost [1],[2] 16,860,816    
Fair Value [1],[2] $ 15,116,800    
% of Total Cash and Investments [1],[2] 0.80%    
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.50%    
Spread [1],[2] 6.15%    
Spread PIK [1],[2] 0.75%    
Total Coupon [1],[2] 11.18%    
Maturity [1],[2] Feb. 17, 2027    
Principal/Shares [1],[2] $ 5,037,221    
Cost [1],[2] 4,902,190    
Fair Value [1],[2] $ 5,075,000    
% of Total Cash and Investments [1],[2] 0.27%    
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.00%  
Spread PIK [3],[7],[12]   3.00%  
Spread Cash [3],[7],[12]   6.76%  
Total Coupon [3],[7],[12]   15.11%  
Maturity [3],[7],[12]   Jun. 30, 2026  
Principal/Shares [3],[7],[12]   $ 7,037,045  
Cost [3],[7],[12]   6,962,201  
Fair Value [3],[7],[12]   $ 6,389,637  
% of Total Cash and Investments [3],[7],[12]   0.38%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services      
Schedule Of Investments [Line Items]      
Cost $ 145,437,223 [1] $ 139,970,022 [3]  
Fair Value $ 85,522,076 [1] $ 114,758,161 [3]  
% of Total Cash and Investments 4.54% [1] 6.88% [3]  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.58%    
Maturity [1],[2] Sep. 14, 2029    
Principal/Shares [1],[2] $ 3,589,924    
Cost [1],[2] 3,456,341    
Fair Value [1],[2] $ 3,528,788    
% of Total Cash and Investments [1],[2] 0.19%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.72%  
Maturity [3],[7]   Sep. 14, 2029  
Principal/Shares [3],[7]   $ 457,642  
Cost [3],[7]   449,013  
Fair Value [3],[7]   $ 453,477  
% of Total Cash and Investments [3],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 6.25%    
Total Coupon [1],[2],[6] 10.58%    
Maturity [1],[2],[6] Sep. 15, 2027    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (2,326)    
Fair Value [1],[2],[6] $ (4,085)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/15/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.25%  
Total Coupon [3],[7],[17]   11.72%  
Maturity [3],[7],[17]   Sep. 15, 2027  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (631)  
Fair Value [3],[7],[17]   $ (385)  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   2.00%  
Spread PIK [3],[7],[15]   5.00%  
Spread Cash [3],[7],[15]   5.00%  
Total Coupon [3],[7],[15]   15.37%  
Maturity [3],[7],[15]   Apr. 30, 2025  
Principal/Shares [3],[7],[15]   $ 43,330,478  
Cost [3],[7],[15]   43,409,327  
Fair Value [3],[7],[15]   $ 41,632,537  
% of Total Cash and Investments [3],[7],[15]   2.50%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Sr Secured Convertible Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 4/30/2025      
Schedule Of Investments [Line Items]      
Spread PIK [3],[7],[15]   3.50%  
Spread Cash [3],[7],[15]   3.50%  
Total Coupon [3],[7],[15]   7.00%  
Maturity [3],[7],[15]   Apr. 30, 2025  
Principal/Shares [3],[7],[15]   $ 4,818,557  
Cost [3],[7],[15]   4,818,557  
Fair Value [3],[7],[15]   $ 4,659,545  
% of Total Cash and Investments [3],[7],[15]   0.28%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread PIK [1],[2],[13],[14] 5.00%    
Spread Cash [1],[2],[13],[14] 2.50%    
Total Coupon [1],[2],[13],[14] 7.50%    
Maturity [1],[2],[13],[14] Sep. 30, 2028    
Principal/Shares [1],[2],[13],[14] $ 61,293,641    
Cost [1],[2],[13],[14] 59,486,911    
Fair Value [1],[2],[13],[14] $ 23,230,290    
% of Total Cash and Investments [1],[2],[13],[14] 1.23%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 0.00%    
Spread [1],[2],[13],[14] 3.50%    
Spread PIK [1],[2],[13],[14] 3.50%    
Total Coupon [1],[2],[13],[14] 7.00%    
Maturity [1],[2],[13],[14] Sep. 30, 2028    
Principal/Shares [1],[2],[13],[14] $ 6,669,599    
Cost [1],[2],[13],[14] 6,114,187    
Fair Value [1],[2],[13],[14] $ 0    
% of Total Cash and Investments [1],[2],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.00%    
Spread [1],[2],[13] 15.00%    
Total Coupon [1],[2],[13] 15.00%    
Maturity [1],[2],[13] Sep. 15, 2027    
Principal/Shares [1],[2],[13] $ 1,353,054    
Cost [1],[2],[13] 1,353,054    
Fair Value [1],[2],[13] $ 2,018,756    
% of Total Cash and Investments [1],[2],[13] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 2.00%    
Spread [1],[2],[13],[14] 4.50%    
Spread PIK [1],[2],[13],[14] 4.50%    
Total Coupon [1],[2],[13],[14] 14.33%    
Maturity [1],[2],[13],[14] May 23, 2026    
Principal/Shares [1],[2],[13],[14] $ 25,602,703    
Cost [1],[2],[13],[14] 24,990,837    
Fair Value [1],[2],[13],[14] $ 16,206,511    
% of Total Cash and Investments [1],[2],[13],[14] 0.86%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   2.00%  
Spread PIK [3],[7],[15]   4.50%  
Spread Cash [3],[7],[15]   4.50%  
Total Coupon [3],[7],[15]   14.35%  
Maturity [3],[7],[15]   May 23, 2026  
Principal/Shares [3],[7],[15]   $ 18,438,731  
Cost [3],[7],[15]   18,438,731  
Fair Value [3],[7],[15]   $ 18,235,905  
% of Total Cash and Investments [3],[7],[15]   1.09%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[14] 2.00%    
Spread [1],[2],[13],[14] 4.50%    
Spread PIK [1],[2],[13],[14] 4.50%    
Total Coupon [1],[2],[13],[14] 14.33%    
Maturity [1],[2],[13],[14] May 23, 2026    
Principal/Shares [1],[2],[13],[14] $ 29,374,777    
Cost [1],[2],[13],[14] 28,655,901    
Fair Value [1],[2],[13],[14] $ 18,594,234    
% of Total Cash and Investments [1],[2],[13],[14] 0.99%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   2.00%  
Spread PIK [3],[7],[15]   4.50%  
Spread Cash [3],[7],[15]   4.50%  
Total Coupon [3],[7],[15]   14.35%  
Maturity [3],[7],[15]   May 23, 2026  
Principal/Shares [3],[7],[15]   $ 20,812,783  
Cost [3],[7],[15]   20,812,783  
Fair Value [3],[7],[15]   $ 20,583,842  
% of Total Cash and Investments [3],[7],[15]   1.23%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien B Delayed Draw Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[17]   2.00%  
Spread PIK [3],[7],[15],[17]   4.50%  
Spread Cash [3],[7],[15],[17]   4.50%  
Total Coupon [3],[7],[15],[17]   14.35%  
Maturity [3],[7],[15],[17]   May 23, 2026  
Principal/Shares [3],[7],[15],[17]   $ 0  
Fair Value [3],[7],[15],[17]   $ (55,380)  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.00%    
Spread [1],[2],[13] 5.00%    
Total Coupon [1],[2],[13] 9.57%    
Maturity [1],[2],[13] Oct. 28, 2026    
Principal/Shares [1],[2],[13] $ 807,613    
Cost [1],[2],[13] 795,100    
Fair Value [1],[2],[13] $ 807,613    
% of Total Cash and Investments [1],[2],[13] 0.04%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.00%    
Spread [1],[2],[13] 9.00%    
Total Coupon [1],[2],[13] 13.49%    
Maturity [1],[2],[13] Nov. 22, 2029    
Principal/Shares [1],[2],[13] $ 1,346,023    
Cost [1],[2],[13] 1,346,022    
Fair Value [1],[2],[13] $ 1,346,022    
% of Total Cash and Investments [1],[2],[13] 0.07%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026      
Schedule Of Investments [Line Items]      
Floor [3],[16]   1.00%  
Spread [3],[16]   9.26%  
Total Coupon [3],[16]   14.61%  
Maturity [3],[16]   Dec. 18, 2026  
Principal/Shares [3],[16]   $ 33,034,714  
Cost [3],[16]   32,603,849  
Fair Value [3],[16]   $ 16,076,839  
% of Total Cash and Investments [3],[16]   0.96%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 10.26%    
Total Coupon [1],[2] 14.55%    
Maturity [1],[2] Jun. 18, 2029    
Principal/Shares [1],[2] $ 5,701,730    
Cost [1],[2] 5,571,982    
Fair Value [1],[2] $ 5,701,730    
% of Total Cash and Investments [1],[2] 0.30%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 10.26%    
Total Coupon [1],[2] 14.55%    
Maturity [1],[2] Jun. 18, 2029    
Principal/Shares [1],[2] $ 16,540,161    
Cost [1],[2] 13,669,214    
Fair Value [1],[2] $ 14,092,217    
% of Total Cash and Investments [1],[2] 0.75%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.50%  
Spread [3],[7]   5.50%  
Total Coupon [3],[7]   10.87%  
Maturity [3],[7]   Nov. 20, 2030  
Principal/Shares [3],[7]   $ 1,000,000  
Cost [3],[7]   960,000  
Fair Value [3],[7]   $ 997,500  
% of Total Cash and Investments [3],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[16]   1.00%  
Spread PIK [3],[7],[16]   11.50%  
Total Coupon [3],[7],[16]   13.82%  
Maturity [3],[7],[16]   Oct. 15, 2025  
Principal/Shares [3],[7],[16]   $ 19,398,793  
Cost [3],[7],[16]   19,438,393  
Fair Value [3],[7],[16]   $ 13,171,781  
% of Total Cash and Investments [3],[7],[16]   0.79%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services      
Schedule Of Investments [Line Items]      
Cost $ 141,605,626 [1] $ 124,839,933 [3]  
Fair Value $ 134,540,299 [1] $ 123,441,009 [3]  
% of Total Cash and Investments 7.13% [1] 7.40% [3]  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.10%  
Total Coupon [3],[7]   11.46%  
Maturity [3],[7]   Mar. 26, 2026  
Principal/Shares [3],[7]   $ 8,082,534  
Cost [3],[7]   8,071,292  
Fair Value [3],[7]   $ 7,952,405  
% of Total Cash and Investments [3],[7]   0.48%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.10%  
Total Coupon [3],[7],[17]   11.46%  
Maturity [3],[7],[17]   Mar. 26, 2026  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (841)  
Fair Value [3],[7],[17]   $ (11,651)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed Total Coupon 12.00% Maturity 11/30/2025      
Schedule Of Investments [Line Items]      
Total Coupon [3],[7],[10],[20]   12.00%  
Maturity [3],[7],[10],[20]   Nov. 30, 2025  
Principal/Shares [3],[7],[10],[20]   $ 52,318,937  
Cost [3],[7],[10],[20]   52,318,937  
Fair Value [3],[7],[10],[20]   $ 52,318,937  
% of Total Cash and Investments [3],[7],[10],[20]   3.13%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[21] 0.00%    
Spread [1],[2],[11],[21] 12.00%    
Total Coupon [1],[2] 12.00%    
Maturity [1],[2],[11],[21] Nov. 30, 2025    
Principal/Shares [1],[2],[11],[21] $ 59,756,438    
Cost [1],[2],[11],[21] 59,756,438    
Fair Value [1],[2],[11],[21] $ 59,756,438    
% of Total Cash and Investments [1],[2],[11],[21] 3.17%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Nov. 15, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (4,830)    
Fair Value [1],[2],[6] $ (4,921)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.60%  
Maturity [3],[7]   Aug. 29, 2029  
Principal/Shares [3],[7]   $ 101,227  
Cost [3],[7]   99,281  
Fair Value [3],[7]   $ 102,239  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.38%  
Maturity [3],[7]   Aug. 29, 2029  
Principal/Shares [3],[7]   $ 154,375  
Cost [3],[7]   151,371  
Fair Value [3],[7]   $ 155,919  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Nov. 15, 2031    
Principal/Shares [1],[2] $ 5,905,719    
Cost [1],[2] 5,876,190    
Fair Value [1],[2] $ 5,876,190    
% of Total Cash and Investments [1],[2] 0.31%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.35%  
Maturity [3],[7]   Aug. 29, 2029  
Principal/Shares [3],[7]   $ 1,263,739  
Cost [3],[7]   1,239,642  
Fair Value [3],[7]   $ 1,276,376  
% of Total Cash and Investments [3],[7]   0.08%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Nov. 15, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (3,220)    
Fair Value [1],[2],[6] $ (3,281)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.00%  
Total Coupon [3],[7],[17]   11.35%  
Maturity [3],[7],[17]   Aug. 31, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   $ (1,973)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 10.03%    
Maturity [1],[2],[6] Mar. 15, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (13,470)    
Fair Value [1],[2],[6] $ 18,185    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 10.03%    
Maturity [1],[2] Mar. 15, 2030    
Principal/Shares [1],[2] $ 2,041,751    
Cost [1],[2] 2,030,049    
Fair Value [1],[2] $ 2,058,085    
% of Total Cash and Investments [1],[2] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 11.26%    
Total Coupon [1],[2] 15.59%    
Maturity [1],[2] Nov. 03, 2025    
Principal/Shares [1],[2] $ 22,096,774    
Cost [1],[2] 21,673,656    
Fair Value [1],[2] $ 22,096,774    
% of Total Cash and Investments [1],[2] 1.17%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.87%    
Maturity [1],[2] Aug. 21, 2028    
Principal/Shares [1],[2] $ 2,145,302    
Cost [1],[2] 2,052,359    
Fair Value [1],[2] $ 2,115,675    
% of Total Cash and Investments [1],[2] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.71%  
Maturity [3],[7]   Aug. 21, 2028  
Principal/Shares [3],[7]   $ 193,462  
Cost [3],[7]   190,274  
Fair Value [3],[7]   $ 189,690  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.87%    
Maturity [1],[2] Aug. 21, 2028    
Principal/Shares [1],[2] $ 7,723,086    
Cost [1],[2] 7,388,545    
Fair Value [1],[2] $ 7,616,430    
% of Total Cash and Investments [1],[2] 0.40%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.71%  
Maturity [3],[7]   Aug. 21, 2028  
Principal/Shares [3],[7]   $ 696,464  
Cost [3],[7]   685,047  
Fair Value [3],[7]   $ 682,883  
% of Total Cash and Investments [3],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[14] 1.00%    
Spread [1],[2],[11],[14] 11.00%    
Total Coupon [1],[2],[11],[14] 15.36%    
Maturity [1],[2],[11],[14] Oct. 31, 2025    
Principal/Shares [1],[2],[11],[14] $ 37,183,232    
Cost [1],[2],[11],[14] 13,114,243    
Fair Value [1],[2],[11],[14] $ 5,016,017    
% of Total Cash and Investments [1],[2],[11],[14] 0.27%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 8.62%    
Total Coupon [1],[2] 12.97%    
Maturity [1],[2] Jul. 05, 2026    
Principal/Shares [1],[2] $ 22,633,544    
Cost [1],[2] 22,314,462    
Fair Value [1],[2] $ 22,543,010    
% of Total Cash and Investments [1],[2] 1.20%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   8.62%  
Total Coupon [3],[7]   13.97%  
Maturity [3],[7]   Jul. 05, 2026  
Principal/Shares [3],[7]   $ 17,633,544  
Cost [3],[7]   17,441,040  
Fair Value [3],[7]   $ 17,280,873  
% of Total Cash and Investments [3],[7]   1.04%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.75%    
Spread [1],[2],[13] 5.00%    
Total Coupon [1],[2],[13] 9.53%    
Maturity [1],[2],[13] Dec. 05, 2030    
Principal/Shares [1],[2],[13] $ 5,000,000    
Cost [1],[2],[13] 4,950,000    
Fair Value [1],[2],[13] $ 4,950,000    
% of Total Cash and Investments [1],[2],[13] 0.26%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.53%    
Maturity [1],[2],[6] Dec. 05, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (1,703)    
Fair Value [1],[2],[6] $ (1,724)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.60%    
Total Coupon [1],[2] 9.93%    
Maturity [1],[2] Jun. 28, 2025    
Principal/Shares [1],[2] $ 796,371    
Cost [1],[2] 794,161    
Fair Value [1],[2] $ 802,742    
% of Total Cash and Investments [1],[2] 0.04%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.60%    
Total Coupon [1],[2] 9.93%    
Maturity [1],[2] Nov. 30, 2027    
Principal/Shares [1],[2] $ 1,687,182    
Cost [1],[2] 1,678,746    
Fair Value [1],[2] $ 1,700,679    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   5.85%  
Total Coupon [3],[7]   11.23%  
Maturity [3],[7]   Oct. 04, 2027  
Principal/Shares [3],[7]   $ 399,109  
Cost [3],[7]   397,266  
Fair Value [3],[7]   $ 393,271  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 11.63% Maturity 10/4/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.25%  
Total Coupon [3],[7],[17]   11.63%  
Maturity [3],[7],[17]   Oct. 04, 2027  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (94)  
Fair Value [3],[7],[17]   $ (335)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12],[15]   1.00%  
Spread [3],[7],[12],[15]   9.40%  
Total Coupon [3],[7],[12],[15]   14.78%  
Maturity [3],[7],[12],[15]   Feb. 11, 2025  
Principal/Shares [3],[7],[12],[15]   $ 43,629,951  
Cost [3],[7],[12],[15]   43,288,691  
Fair Value [3],[7],[12],[15]   $ 42,102,902  
% of Total Cash and Investments [3],[7],[12],[15]   2.52%  
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
Floor [3]   1.00%  
Spread [3]   8.25%  
Total Coupon [3]   14.26%  
Maturity [3]   Oct. 31, 2025  
Principal/Shares [3]   $ 26,345,954  
Cost [3]   26,259,652  
Fair Value [3]   $ 13,831,626  
% of Total Cash and Investments [3]   0.83%  
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread PIK [1],[2],[14] 8.05%    
Spread Cash [1],[2],[14] 1.26%    
Total Coupon [1],[2],[14] 13.92%    
Maturity [1],[2],[14] Oct. 31, 2025    
Principal/Shares [1],[2],[14] $ 29,001,528    
Cost [1],[2],[14] 24,900,884    
Fair Value [1],[2],[14] $ 1,044,055    
% of Total Cash and Investments [1],[2],[14] 0.06%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities      
Schedule Of Investments [Line Items]      
Cost $ 14,224,535 [1] $ 14,224,535 [3]  
Fair Value $ 1,296,416 [1] $ 1,468,588 [3]  
% of Total Cash and Investments 0.07% [1] 0.09% [3]  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[13],[22] 0.00%    
Spread [1],[2],[11],[13],[22] 0.00%    
Total Coupon [1],[2],[11],[13],[22] 0.00%    
Maturity [1],[2],[11],[13],[22] Jun. 30, 2025    
Principal/Shares [1],[2],[11],[13],[22] $ 2,110,141    
Cost [1],[2],[11],[13],[22] 2,110,141    
Fair Value [1],[2],[11],[13],[22] $ 0    
% of Total Cash and Investments [1],[2],[11],[13],[22] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10],[15],[23]   0.00%  
Spread [3],[7],[10],[15],[23]   0.00%  
Total Coupon [3],[7],[10],[15],[23]   0.00%  
Maturity [3],[7],[10],[15],[23]   Dec. 31, 2023  
Principal/Shares [3],[7],[10],[15],[23]   $ 6,578,877  
Cost [3],[7],[10],[15],[23]   6,578,877  
Fair Value [3],[7],[10],[15],[23]   $ 101,315  
% of Total Cash and Investments [3],[7],[10],[15],[23]   0.01%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[13],[22] 0.00%    
Spread [1],[2],[11],[13],[22] 0.00%    
Total Coupon [1],[2],[11],[13],[22] 0.00%    
Maturity [1],[2],[11],[13],[22] Jun. 30, 2025    
Principal/Shares [1],[2],[11],[13],[22] $ 6,578,877    
Cost [1],[2],[11],[13],[22] 6,578,877    
Fair Value [1],[2],[11],[13],[22] $ 60,889    
% of Total Cash and Investments [1],[2],[11],[13],[22] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10],[15],[23]   0.00%  
Spread [3],[7],[10],[15],[23]   0.00%  
Total Coupon [3],[7],[10],[15],[23]   0.00%  
Maturity [3],[7],[10],[15],[23]   Dec. 31, 2023  
Principal/Shares [3],[7],[10],[15],[23]   $ 5,535,517  
Cost [3],[7],[10],[15],[23]   5,535,517  
Fair Value [3],[7],[10],[15],[23]   $ 1,367,273  
% of Total Cash and Investments [3],[7],[10],[15],[23]   0.08%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[13],[22] 0.00%    
Spread [1],[2],[11],[13],[22] 0.00%    
Total Coupon [1],[2],[11],[13],[22] 0.00%    
Maturity [1],[2],[11],[13],[22] Jun. 30, 2025    
Principal/Shares [1],[2],[11],[13],[22] $ 5,535,517    
Cost [1],[2],[11],[13],[22] 5,535,517    
Fair Value [1],[2],[11],[13],[22] $ 1,235,527    
% of Total Cash and Investments [1],[2],[11],[13],[22] 0.07%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment      
Schedule Of Investments [Line Items]      
Cost [1] $ 10,975,589    
Fair Value [1] $ 10,991,724    
% of Total Cash and Investments [1] 0.59%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.77%    
Maturity [1],[2],[6] Oct. 15, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (65,281)    
Fair Value [1],[2],[6] $ (53,793)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.77%    
Maturity [1],[2] Oct. 15, 2031    
Principal/Shares [1],[2] $ 11,206,897    
Cost [1],[2] 11,040,870    
Fair Value [1],[2] $ 11,072,414    
% of Total Cash and Investments [1],[2] 0.59%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.77%    
Maturity [1],[2],[6] Oct. 15, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] 0    
Fair Value [1],[2],[6] $ (26,897)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology      
Schedule Of Investments [Line Items]      
Cost $ 72,239,080 [1] $ 74,077,106 [3]  
Fair Value $ 71,927,822 [1] $ 73,370,356 [3]  
% of Total Cash and Investments 3.81% [1] 4.40% [3]  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.90%  
Total Coupon [3],[7]   12.32%  
Maturity [3],[7]   May 06, 2027  
Principal/Shares [3],[7]   $ 8,086,281  
Cost [3],[7]   7,990,592  
Fair Value [3],[7]   $ 7,932,642  
% of Total Cash and Investments [3],[7]   0.48%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.25%    
Total Coupon [1],[2] 12.08%    
Maturity [1],[2] May 06, 2027    
Principal/Shares [1],[2] $ 10,795,373    
Cost [1],[2] 10,605,638    
Fair Value [1],[2] $ 10,795,373    
% of Total Cash and Investments [1],[2] 0.57%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.90%  
Total Coupon [3],[7],[17]   12.32%  
Maturity [3],[7],[17]   May 06, 2027  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (6,114)  
Fair Value [3],[7],[17]   $ (10,346)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 7.25%    
Total Coupon [1],[2],[6] 12.08%    
Maturity [1],[2],[6] May 06, 2027    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (7,205)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.35%    
Total Coupon [1],[2] 11.70%    
Maturity [1],[2] Mar. 14, 2026    
Principal/Shares [1],[2] $ 21,199,958    
Cost [1],[2] 20,865,861    
Fair Value [1],[2] $ 20,839,559    
% of Total Cash and Investments [1],[2] 1.10%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.85%  
Total Coupon [3],[7]   13.23%  
Maturity [3],[7]   Mar. 14, 2026  
Principal/Shares [3],[7]   $ 13,767,771  
Cost [3],[7]   13,638,522  
Fair Value [3],[7]   $ 13,492,416  
% of Total Cash and Investments [3],[7]   0.81%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 7.35%    
Total Coupon [1],[2],[6] 11.70%    
Maturity [1],[2],[6] Mar. 14, 2026    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (5,947)    
Fair Value [1],[2],[6] $ (16,071)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.85%  
Total Coupon [3],[7],[17]   13.23%  
Maturity [3],[7],[17]   Mar. 14, 2026  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (4,367)  
Fair Value [3],[7],[17]   $ (12,146)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.00%  
Total Coupon [3],[7]   12.36%  
Maturity [3],[7]   May 03, 2027  
Principal/Shares [3],[7]   $ 23,802,071  
Cost [3],[7]   23,478,616  
Fair Value [3],[7]   $ 23,159,415  
% of Total Cash and Investments [3],[7]   1.39%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.75%    
Total Coupon [1],[2] 11.27%    
Maturity [1],[2] May 03, 2027    
Principal/Shares [1],[2] $ 32,182,664    
Cost [1],[2] 31,560,852    
Fair Value [1],[2] $ 31,860,837    
% of Total Cash and Investments [1],[2] 1.69%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.00%  
Total Coupon [3],[7]   12.36%  
Maturity [3],[7]   May 03, 2027  
Principal/Shares [3],[7]   $ 1,050,166  
Cost [3],[7]   1,029,786  
Fair Value [3],[7]   $ 1,002,909  
% of Total Cash and Investments [3],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.75%    
Total Coupon [1],[2] 11.28%    
Maturity [1],[2] May 03, 2027    
Principal/Shares [1],[2] $ 1,656,579    
Cost [1],[2] 1,621,476    
Fair Value [1],[2] $ 1,632,914    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 8.10%    
Total Coupon [1],[2] 12.68%    
Maturity [1],[2] Oct. 02, 2028    
Principal/Shares [1],[2] $ 7,744,557    
Cost [1],[2] 7,598,405    
Fair Value [1],[2] $ 6,815,210    
% of Total Cash and Investments [1],[2] 0.36%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   8.10%  
Total Coupon [3],[7]   13.52%  
Maturity [3],[7]   Oct. 02, 2028  
Principal/Shares [3],[7]   $ 5,727,820  
Cost [3],[7]   5,707,000  
Fair Value [3],[7]   $ 5,584,624  
% of Total Cash and Investments [3],[7]   0.33%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.15%  
Total Coupon [3],[7]   11.51%  
Maturity [3],[7]   Jul. 23, 2024  
Principal/Shares [3],[7]   $ 860,842  
Cost [3],[7]   841,342  
Fair Value [3],[7]   $ 860,842  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.00%  
Spread [3],[7]   6.15%  
Total Coupon [3],[7]   11.50%  
Maturity [3],[7]   Jul. 23, 2024  
Principal/Shares [3],[7]   $ 20,250,000  
Cost [3],[7]   20,206,261  
Fair Value [3],[7]   $ 20,169,000  
% of Total Cash and Investments [3],[7]   1.21%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.00%  
Spread [3],[7]   6.15%  
Total Coupon [3],[7]   11.52%  
Maturity [3],[7]   Jul. 23, 2024  
Principal/Shares [3],[7]   $ 1,200,000  
Cost [3],[7]   1,195,468  
Fair Value [3],[7]   $ 1,191,000  
% of Total Cash and Investments [3],[7]   0.07%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services      
Schedule Of Investments [Line Items]      
Cost $ 59,166,678 [1] $ 42,511,599 [3]  
Fair Value $ 56,857,079 [1] $ 40,555,869 [3]  
% of Total Cash and Investments 3.02% [1] 2.43% [3]  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14],[24] 1.00%    
Spread [1],[2],[14],[24] 7.00%    
Total Coupon [1],[2],[14],[24] 11.43%    
Maturity [1],[2],[14],[24] Jun. 28, 2028    
Principal/Shares [1],[2],[14],[24] $ 8,313,711    
Cost [1],[2],[14],[24] 6,584,206    
Fair Value [1],[2],[14],[24] $ 3,599,837    
% of Total Cash and Investments [1],[2],[14],[24] 0.19%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.00%  
Spread PIK [3],[7],[12]   3.50%  
Spread Cash [3],[7],[12]   3.50%  
Total Coupon [3],[7],[12]   12.45%  
Maturity [3],[7],[12]   Jun. 28, 2028  
Principal/Shares [3],[7],[12]   $ 4,621,017  
Cost [3],[7],[12]   4,553,794  
Fair Value [3],[7],[12]   $ 3,830,823  
% of Total Cash and Investments [3],[7],[12]   0.23%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.51%    
Maturity [1],[2] May 04, 2028    
Principal/Shares [1],[2] $ 3,221,439    
Cost [1],[2] 3,193,277    
Fair Value [1],[2] $ 3,149,891    
% of Total Cash and Investments [1],[2] 0.17%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.39%  
Maturity [3],[7]   May 04, 2028  
Principal/Shares [3],[7]   $ 692,838  
Cost [3],[7]   635,134  
Fair Value [3],[7]   $ 584,359  
% of Total Cash and Investments [3],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.51%    
Maturity [1],[2] May 04, 2028    
Principal/Shares [1],[2] $ 13,855,131    
Cost [1],[2] 13,498,203    
Fair Value [1],[2] $ 13,547,409    
% of Total Cash and Investments [1],[2] 0.72%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.50%  
Maturity [3],[7]   May 04, 2028  
Principal/Shares [3],[7]   $ 10,236,675  
Cost [3],[7]   10,080,420  
Fair Value [3],[7]   $ 9,956,190  
% of Total Cash and Investments [3],[7]   0.59%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] May 20, 2030    
Principal/Shares [1],[2] $ 2,481,250    
Cost [1],[2] 2,456,438    
Fair Value [1],[2] $ 2,493,656    
% of Total Cash and Investments [1],[2] 0.13%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 1.00%    
Spread [1],[2],[9] 9.11%    
Total Coupon [1],[2],[9] 13.47%    
Maturity [1],[2],[9] Nov. 13, 2028    
Principal/Shares [1],[2],[9] $ 34,410,390    
Cost [1],[2],[9] 33,434,554    
Fair Value [1],[2],[9] $ 34,066,286    
% of Total Cash and Investments [1],[2],[9] 1.81%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   1.00%  
Spread [3],[7],[8]   9.00%  
Total Coupon [3],[7],[8]   14.88%  
Maturity [3],[7],[8]   Nov. 13, 2028  
Principal/Shares [3],[7],[8]   $ 27,855,847  
Cost [3],[7],[8]   27,242,251  
Fair Value [3],[7],[8]   $ 26,184,497  
% of Total Cash and Investments [3],[7],[8]   1.57%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure      
Schedule Of Investments [Line Items]      
Cost $ 8,443,952 [1] $ 55,225,667 [3]  
Fair Value $ 8,734,760 [1] $ 55,385,793 [3]  
% of Total Cash and Investments 0.47% [1] 3.33% [3]  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10]   1.00%  
Spread [3],[7],[10]   5.26%  
Total Coupon [3],[7],[10]   10.61%  
Maturity [3],[7],[10]   May 27, 2027  
Principal/Shares [3],[7],[10]   $ 12,089,579  
Cost [3],[7],[10]   12,089,579  
Fair Value [3],[7],[10]   $ 12,089,579  
% of Total Cash and Investments [3],[7],[10]   0.73%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.10%  
Total Coupon [3],[7]   12.48%  
Maturity [3],[7]   Nov. 30, 2029  
Principal/Shares [3],[7]   $ 26,159,150  
Cost [3],[7]   25,382,587  
Fair Value [3],[7]   $ 25,374,376  
% of Total Cash and Investments [3],[7]   1.52%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.00%  
Total Coupon [3],[7],[17]   12.48%  
Maturity [3],[7],[17]   Nov. 30, 2029  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (47,562)  
Fair Value [3],[7],[17]   $ (47,562)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   0.75%  
Spread [3],[7],[15]   5.75%  
Total Coupon [3],[7],[15]   11.11%  
Maturity [3],[7],[15]   Jun. 03, 2027  
Principal/Shares [3],[7],[15]   $ 228,588  
Cost [3],[7],[15]   225,234  
Fair Value [3],[7],[15]   $ 225,296  
% of Total Cash and Investments [3],[7],[15]   0.01%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 2.00%    
Spread [1],[2],[13] 6.25%    
Total Coupon [1],[2],[13] 10.69%    
Maturity [1],[2],[13] Jun. 03, 2027    
Principal/Shares [1],[2],[13] $ 5,355,802    
Cost [1],[2],[13] 5,155,794    
Fair Value [1],[2],[13] $ 5,312,260    
% of Total Cash and Investments [1],[2],[13] 0.28%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 2.00%    
Spread [1],[2],[13] 6.25%    
Total Coupon [1],[2],[13] 10.69%    
Maturity [1],[2],[13] Jun. 03, 2027    
Principal/Shares [1],[2],[13] $ 3,343,666    
Cost [1],[2],[13] 3,182,960    
Fair Value [1],[2],[13] $ 3,316,482    
% of Total Cash and Investments [1],[2],[13] 0.18%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   0.75%  
Spread [3],[7],[15]   5.75%  
Total Coupon [3],[7],[15]   11.11%  
Maturity [3],[7],[15]   Jun. 03, 2027  
Principal/Shares [3],[7],[15]   $ 18,519  
Cost [3],[7],[15]   18,257  
Fair Value [3],[7],[15]   $ 18,252  
% of Total Cash and Investments [3],[7],[15]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 2.00%    
Spread [1],[2],[13] 6.25%    
Total Coupon [1],[2],[13] 10.78%    
Maturity [1],[2],[13] Jun. 03, 2027    
Principal/Shares [1],[2],[13] $ 109,582    
Cost [1],[2],[13] 105,198    
Fair Value [1],[2],[13] $ 106,018    
% of Total Cash and Investments [1],[2],[13] 0.01%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.60%  
Total Coupon [3],[7],[17]   12.97%  
Maturity [3],[7],[17]   Aug. 07, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (26,241)  
Fair Value [3],[7],[17]   $ (18,704)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.60%  
Total Coupon [3],[7]   12.98%  
Maturity [3],[7]   Aug. 07, 2028  
Principal/Shares [3],[7]   $ 18,093,621  
Cost [3],[7]   17,616,543  
Fair Value [3],[7]   $ 17,767,936  
% of Total Cash and Investments [3],[7]   1.07%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.60%  
Total Coupon [3],[7],[17]   12.98%  
Maturity [3],[7],[17]   Aug. 07, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (32,730)  
Fair Value [3],[7],[17]   $ (23,380)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.45%    
Maturity [1],[2] Nov. 09, 2029    
Principal/Shares [1],[2] $ 5,088,792    
Cost [1],[2] 4,874,571    
Fair Value [1],[2] $ 5,114,236    
% of Total Cash and Investments [1],[2] 0.27%    
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029      
Schedule Of Investments [Line Items]      
Floor [3]   1.00%  
Spread [3]   6.00%  
Total Coupon [3]   11.37%  
Maturity [3]   Nov. 09, 2029  
Principal/Shares [3]   $ 666,667  
Cost [3]   650,234  
Fair Value [3]   $ 640,000  
% of Total Cash and Investments [3]   0.04%  
Investment, Identifier [Axis]: Debt Investments IT Services      
Schedule Of Investments [Line Items]      
Cost $ 48,141,134 [1] $ 46,018,330 [3]  
Fair Value $ 48,469,607 [1] $ 45,761,281 [3]  
% of Total Cash and Investments 2.56% [1] 2.75% [3]  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.58%    
Maturity [1],[2] Oct. 19, 2028    
Principal/Shares [1],[2] $ 2,700,000    
Cost [1],[2] 2,648,914    
Fair Value [1],[2] $ 2,720,250    
% of Total Cash and Investments [1],[2] 0.14%    
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.60%  
Maturity [3],[7]   Oct. 19, 2028  
Principal/Shares [3],[7]   $ 450,000  
Cost [3],[7]   440,589  
Fair Value [3],[7]   $ 456,750  
% of Total Cash and Investments [3],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 6.25%    
Total Coupon [1],[2],[6] 10.58%    
Maturity [1],[2],[6] Oct. 19, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (718)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   7.25%  
Total Coupon [3],[7],[17]   12.60%  
Maturity [3],[7],[17]   Oct. 19, 2028  
Cost [3],[7],[17]   $ (903)  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.75%    
Total Coupon [1],[2] 11.35%    
Maturity [1],[2] Nov. 08, 2030    
Principal/Shares [1],[2] $ 1,569,811    
Cost [1],[2] 1,524,762    
Fair Value [1],[2] $ 1,590,219    
% of Total Cash and Investments [1],[2] 0.08%    
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.75%  
Total Coupon [3],[7]   12.10%  
Maturity [3],[7]   Nov. 08, 2030  
Principal/Shares [3],[7]   $ 784,906  
Cost [3],[7]   765,420  
Fair Value [3],[7]   $ 777,057  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.75%    
Total Coupon [1],[2],[6] 11.35%    
Maturity [1],[2],[6] Nov. 08, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (1,858)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.75%  
Total Coupon [3],[7],[17]   12.10%  
Maturity [3],[7],[17]   Nov. 08, 2030  
Cost [3],[7],[17]   $ (2,003)  
Fair Value [3],[7],[17]   $ (818)  
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029      
Schedule Of Investments [Line Items]      
Spread [3],[7],[8]   8.11%  
Total Coupon [3],[7],[8]   13.47%  
Maturity [3],[7],[8]   May 28, 2029  
Principal/Shares [3],[7],[8]   $ 15,000,000  
Cost [3],[7],[8]   14,897,865  
Fair Value [3],[7],[8]   $ 14,610,000  
% of Total Cash and Investments [3],[7],[8]   0.88%  
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 0.75%    
Spread [1],[2],[9] 6.75%    
Total Coupon [1],[2],[9] 11.47%    
Maturity [1],[2],[9] Feb. 04, 2029    
Principal/Shares [1],[2],[9] $ 1,923,186    
Cost [1],[2],[9] 1,821,864    
Fair Value [1],[2],[9] $ 1,872,703    
% of Total Cash and Investments [1],[2],[9] 0.10%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.00%    
Total Coupon [1],[2],[6] 10.47%    
Maturity [1],[2],[6] Jun. 03, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] 0    
Fair Value [1],[2],[6] $ (8,750)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.47%    
Maturity [1],[2] Jun. 03, 2030    
Principal/Shares [1],[2] $ 1,805,556    
Cost [1],[2] 1,759,722    
Fair Value [1],[2] $ 1,767,639    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.00%    
Total Coupon [1],[2],[6] 10.47%    
Maturity [1],[2],[6] Jun. 03, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] 0    
Fair Value [1],[2],[6] $ (5,833)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 1.51%    
Spread Cash [1],[2] 5.59%    
Total Coupon [1],[2] 11.84%    
Maturity [1],[2] Dec. 29, 2028    
Principal/Shares [1],[2] $ 19,674,810    
Cost [1],[2] 18,986,911    
Fair Value [1],[2] $ 18,907,492    
% of Total Cash and Investments [1],[2] 1.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.00%  
Total Coupon [3],[7]   12.35%  
Maturity [3],[7]   Dec. 29, 2028  
Principal/Shares [3],[7]   $ 14,796,820  
Cost [3],[7]   14,395,217  
Fair Value [3],[7]   $ 14,382,509  
% of Total Cash and Investments [3],[7]   0.86%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/30/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.00%  
Total Coupon [3],[7],[17]   12.35%  
Maturity [3],[7],[17]   Dec. 30, 2027  
Cost [3],[7],[17]   $ (25,722)  
Fair Value [3],[7],[17]   $ (29,959)  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 7.50%    
Total Coupon [1],[2],[6] 11.84%    
Maturity [1],[2],[6] Dec. 30, 2027    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (15,114)    
Fair Value [1],[2],[6] $ (29,341)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.50%  
Total Coupon [3],[7]   11.88%  
Maturity [3],[7]   May 13, 2030  
Principal/Shares [3],[7]   $ 900,000  
Cost [3],[7]   878,238  
Fair Value [3],[7]   $ 894,600  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.50%    
Total Coupon [1],[2] 10.92%    
Maturity [1],[2] May 13, 2030    
Principal/Shares [1],[2] $ 6,979,701    
Cost [1],[2] 6,747,736    
Fair Value [1],[2] $ 7,014,600    
% of Total Cash and Investments [1],[2] 0.37%    
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.83% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.50%  
Total Coupon [3],[7],[17]   11.88%  
Maturity [3],[7],[17]   May 13, 2030  
Cost [3],[7],[17]   $ (2,053)  
Fair Value [3],[7],[17]   $ (540)  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.50%    
Total Coupon [1],[2],[6] 10.92%    
Maturity [1],[2],[6] May 13, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (2,767)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.35%    
Total Coupon [1],[2] 10.86%    
Maturity [1],[2] Jul. 31, 2027    
Principal/Shares [1],[2] $ 14,671,682    
Cost [1],[2] 14,671,682    
Fair Value [1],[2] $ 14,642,338    
% of Total Cash and Investments [1],[2] 0.78%    
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.35%  
Total Coupon [3],[7]   12.74%  
Maturity [3],[7]   Jul. 31, 2025  
Principal/Shares [3],[7]   $ 14,671,682  
Cost [3],[7]   14,671,682  
Fair Value [3],[7]   $ 14,671,682  
% of Total Cash and Investments [3],[7]   0.88%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.35%    
Total Coupon [1],[2],[6] 10.86%    
Maturity [1],[2],[6] Jul. 31, 2027    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] 0    
Fair Value [1],[2],[6] $ (1,710)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.35%  
Total Coupon [3],[7]   12.74%  
Maturity [3],[7]   Jul. 31, 2025  
Investment, Identifier [Axis]: Debt Investments Insurance      
Schedule Of Investments [Line Items]      
Cost $ 37,719,192 [1] $ 19,783,746 [3]  
Fair Value $ 38,955,543 [1] $ 20,277,509 [3]  
% of Total Cash and Investments 2.08% [1] 1.22% [3]  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   5.75%  
Total Coupon [3],[7]   11.14%  
Maturity [3],[7]   Aug. 31, 2029  
Principal/Shares [3],[7]   $ 375,115  
Cost [3],[7]   367,470  
Fair Value [3],[7]   $ 370,601  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   5.75%  
Total Coupon [3],[7]   11.14%  
Maturity [3],[7]   Aug. 31, 2029  
Principal/Shares [3],[7]   $ 1,800,000  
Cost [3],[7]   1,769,190  
Fair Value [3],[7]   $ 1,782,000  
% of Total Cash and Investments [3],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.70%    
Maturity [1],[2] Aug. 31, 2029    
Principal/Shares [1],[2] $ 7,281,424    
Cost [1],[2] 7,030,955    
Fair Value [1],[2] $ 7,281,424    
% of Total Cash and Investments [1],[2] 0.39%    
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   5.75%  
Total Coupon [3],[7],[17]   11.14%  
Maturity [3],[7],[17]   Aug. 31, 2028  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (3,563)  
Fair Value [3],[7],[17]   $ (2,273)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.70%    
Maturity [1],[2],[6] Aug. 31, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (6,973)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.35%  
Total Coupon [3],[7]   11.71%  
Maturity [3],[7]   Oct. 01, 2026  
Principal/Shares [3],[7]   $ 4,784,799  
Cost [3],[7]   4,733,187  
Fair Value [3],[7]   $ 4,540,774  
% of Total Cash and Investments [3],[7]   0.27%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.35%  
Total Coupon [3],[7]   11.70%  
Maturity [3],[7]   Oct. 01, 2026  
Principal/Shares [3],[7]   $ 520,833  
Cost [3],[7]   514,360  
Fair Value [3],[7]   $ 488,958  
% of Total Cash and Investments [3],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.35%    
Total Coupon [1],[2] 10.60%    
Maturity [1],[2] Oct. 01, 2026    
Principal/Shares [1],[2] $ 6,629,659    
Cost [1],[2] 6,490,358    
Fair Value [1],[2] $ 6,629,659    
% of Total Cash and Investments [1],[2] 0.35%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.35%    
Total Coupon [1],[2] 10.67%    
Maturity [1],[2] Oct. 01, 2026    
Principal/Shares [1],[2] $ 3,114,413    
Cost [1],[2] 3,070,793    
Fair Value [1],[2] $ 3,114,413    
% of Total Cash and Investments [1],[2] 0.17%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 12.75%    
Maturity [1],[2] Oct. 01, 2026    
Principal/Shares [1],[2] $ 875,000    
Cost [1],[2] 857,841    
Fair Value [1],[2] $ 875,000    
% of Total Cash and Investments [1],[2] 0.05%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.00%    
Total Coupon [1],[2] 9.51%    
Maturity [1],[2] Aug. 25, 2028    
Principal/Shares [1],[2] $ 15,153,775    
Cost [1],[2] 14,918,894    
Fair Value [1],[2] $ 15,214,390    
% of Total Cash and Investments [1],[2] 0.81%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.50%  
Total Coupon [3],[7]   11.89%  
Maturity [3],[7]   Aug. 27, 2026  
Principal/Shares [3],[7]   $ 10,152,275  
Cost [3],[7]   10,015,937  
Fair Value [3],[7]   $ 10,152,275  
% of Total Cash and Investments [3],[7]   0.61%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.51%    
Maturity [1],[2],[6] Aug. 25, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (374,357)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.00%  
Total Coupon [3],[7],[17]   11.39%  
Maturity [3],[7],[17]   Aug. 27, 2026  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (535,197)  
Fair Value [3],[7],[17]   $ 0  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.11%  
Total Coupon [3],[7]   11.47%  
Maturity [3],[7]   Nov. 01, 2028  
Principal/Shares [3],[7]   $ 2,957,002  
Cost [3],[7]   2,922,362  
Fair Value [3],[7]   $ 2,945,174  
% of Total Cash and Investments [3],[7]   0.18%  
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.50%    
Total Coupon [1],[2] 9.83%    
Maturity [1],[2] Nov. 01, 2028    
Principal/Shares [1],[2] $ 5,852,362    
Cost [1],[2] 5,731,681    
Fair Value [1],[2] $ 5,840,657    
% of Total Cash and Investments [1],[2] 0.31%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services      
Schedule Of Investments [Line Items]      
Cost $ 277,030,460 [1] $ 235,602,425 [3]  
Fair Value $ 241,827,922 [1] $ 215,228,103 [3]  
% of Total Cash and Investments 12.82% [1] 12.92% [3]  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.15%    
Total Coupon [1],[2] 11.73%    
Maturity [1],[2] Nov. 01, 2025    
Principal/Shares [1],[2] $ 25,299,736    
Cost [1],[2] 25,196,264    
Fair Value [1],[2] $ 25,299,736    
% of Total Cash and Investments [1],[2] 1.34%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.74%  
Maturity [3],[7]   Oct. 31, 2025  
Principal/Shares [3],[7]   $ 25,299,736  
Cost [3],[7]   25,087,954  
Fair Value [3],[7]   $ 25,299,736  
% of Total Cash and Investments [3],[7]   1.52%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.15%    
Total Coupon [1],[2] 11.75%    
Maturity [1],[2] Nov. 01, 2025    
Principal/Shares [1],[2] $ 1,059,141    
Cost [1],[2] 1,053,670    
Fair Value [1],[2] $ 1,059,141    
% of Total Cash and Investments [1],[2] 0.06%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.72%  
Maturity [3],[7]   Oct. 31, 2025  
Principal/Shares [3],[7]   $ 930,531  
Cost [3],[7]   918,376  
Fair Value [3],[7]   $ 930,531  
% of Total Cash and Investments [3],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   12.85%  
Maturity [3],[7]   Aug. 22, 2027  
Principal/Shares [3],[7]   $ 5,717,940  
Cost [3],[7]   5,670,100  
Fair Value [3],[7]   $ 5,609,300  
% of Total Cash and Investments [3],[7]   0.34%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 0.75%    
Spread [1],[2],[14] 9.14%    
Total Coupon [1],[2],[14] 13.47%    
Maturity [1],[2],[14] Oct. 25, 2029    
Principal/Shares [1],[2],[14] $ 27,879,880    
Cost [1],[2],[14] 20,344,734    
Fair Value [1],[2],[14] $ 390,318    
% of Total Cash and Investments [1],[2],[14] 0.02%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   0.75%  
Spread [3],[7],[8]   9.14%  
Total Coupon [3],[7],[8]   14.48%  
Maturity [3],[7],[8]   Oct. 25, 2029  
Principal/Shares [3],[7],[8]   $ 20,715,038  
Cost [3],[7],[8]   20,393,463  
Fair Value [3],[7],[8]   $ 12,429,023  
% of Total Cash and Investments [3],[7],[8]   0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6],[13] 1.00%    
Spread [1],[2],[6],[13] 6.00%    
Total Coupon [1],[2],[6],[13] 10.62%    
Maturity [1],[2],[6],[13] Jan. 26, 2029    
Principal/Shares [1],[2],[6],[13] $ 0    
Cost [1],[2],[6],[13] (23,167)    
Fair Value [1],[2],[6],[13] $ 0    
% of Total Cash and Investments [1],[2],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread [1],[2],[13] 6.00%    
Total Coupon [1],[2],[13] 10.62%    
Maturity [1],[2],[13] Jan. 26, 2029    
Principal/Shares [1],[2],[13] $ 15,528,609    
Cost [1],[2],[13] 15,069,469    
Fair Value [1],[2],[13] $ 15,551,592    
% of Total Cash and Investments [1],[2],[13] 0.82%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.25%  
Total Coupon [3],[7],[15]   12.63%  
Maturity [3],[7],[15]   Jan. 26, 2029  
Principal/Shares [3],[7],[15]   $ 10,875,000  
Cost [3],[7],[15]   10,585,492  
Fair Value [3],[7],[15]   $ 10,687,950  
% of Total Cash and Investments [3],[7],[15]   0.64%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[17]   1.00%  
Spread [3],[7],[15],[17]   7.25%  
Total Coupon [3],[7],[15],[17]   12.63%  
Maturity [3],[7],[15],[17]   Jan. 26, 2029  
Principal/Shares [3],[7],[15],[17]   $ 0  
Cost [3],[7],[15],[17]   (22,430)  
Fair Value [3],[7],[15],[17]   $ (15,170)  
% of Total Cash and Investments [3],[7],[15],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread [1],[2],[13] 6.00%    
Total Coupon [1],[2],[13] 10.62%    
Maturity [1],[2],[13] Jan. 26, 2029    
Principal/Shares [1],[2],[13] $ 4,283,754    
Cost [1],[2],[13] 4,157,095    
Fair Value [1],[2],[13] $ 4,290,094    
% of Total Cash and Investments [1],[2],[13] 0.23%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.25%  
Total Coupon [3],[7],[15]   12.63%  
Maturity [3],[7],[15]   Jan. 26, 2029  
Principal/Shares [3],[7],[15]   $ 3,000,000  
Cost [3],[7],[15]   2,920,136  
Fair Value [3],[7],[15]   $ 2,948,400  
% of Total Cash and Investments [3],[7],[15]   0.18%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6],[13] 1.00%    
Spread [1],[2],[6],[13] 6.00%    
Total Coupon [1],[2],[6],[13] 10.62%    
Maturity [1],[2],[6],[13] Jan. 26, 2029    
Principal/Shares [1],[2],[6],[13] $ 0    
Cost [1],[2],[6],[13] (6,383)    
Fair Value [1],[2],[6],[13] $ 0    
% of Total Cash and Investments [1],[2],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[17]   1.00%  
Spread [3],[7],[15],[17]   7.25%  
Total Coupon [3],[7],[15],[17]   12.63%  
Maturity [3],[7],[15],[17]   Jan. 26, 2029  
Principal/Shares [3],[7],[15],[17]   $ 0  
Cost [3],[7],[15],[17]   (6,180)  
Fair Value [3],[7],[15],[17]   $ (4,180)  
% of Total Cash and Investments [3],[7],[15],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.50%    
Spread PIK [1],[2],[24] 5.00%    
Spread Cash [1],[2],[24] 3.00%    
Total Coupon [1],[2],[24] 12.49%    
Maturity [1],[2],[24] Aug. 19, 2028    
Principal/Shares [1],[2],[24] $ 59,930,639    
Cost [1],[2],[24] 59,907,358    
Fair Value [1],[2],[24] $ 59,930,639    
% of Total Cash and Investments [1],[2],[24] 3.18%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.50%  
Spread PIK [3],[7],[12]   2.50%  
Spread Cash [3],[7],[12]   5.76%  
Total Coupon [3],[7],[12]   13.64%  
Maturity [3],[7],[12]   Apr. 01, 2025  
Principal/Shares [3],[7],[12]   $ 57,683,682  
Cost [3],[7],[12]   57,621,710  
Fair Value [3],[7],[12]   $ 57,452,947  
% of Total Cash and Investments [3],[7],[12]   3.45%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.00%    
Spread PIK [1],[2] 9.50%    
Total Coupon [1],[2] 9.50%    
Maturity [1],[2] Aug. 19, 2028    
Principal/Shares [1],[2] $ 3,769,734    
Cost [1],[2] 1,279,857    
Fair Value [1],[2] $ 3,445,537    
% of Total Cash and Investments [1],[2] 0.18%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.00%  
Spread PIK [3],[7]   9.50%  
Total Coupon [3],[7]   9.50%  
Maturity [3],[7]   Apr. 01, 2025  
Principal/Shares [3],[7]   $ 3,423,038  
Cost [3],[7]   933,160  
Fair Value [3],[7]   $ 3,269,001  
% of Total Cash and Investments [3],[7]   0.20%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[11],[24] 1.00%    
Spread PIK [1],[2],[11],[24] 2.63%    
Spread Cash [1],[2],[11],[24] 2.63%    
Total Coupon [1],[2],[11],[24] 9.59%    
Maturity [1],[2],[11],[24] May 27, 2027    
Principal/Shares [1],[2],[11],[24] $ 12,410,563    
Cost [1],[2],[11],[24] 12,410,563    
Fair Value [1],[2],[11],[24] $ 7,843,476    
% of Total Cash and Investments [1],[2],[11],[24] 0.42%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.25%    
Spread Cash [1],[2] 3.25%    
Total Coupon [1],[2] 10.97%    
Maturity [1],[2] Aug. 29, 2029    
Principal/Shares [1],[2] $ 4,841,068    
Cost [1],[2] 4,859,379    
Fair Value [1],[2] $ 4,850,750    
% of Total Cash and Investments [1],[2] 0.26%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.25%    
Spread Cash [1],[2] 3.25%    
Total Coupon [1],[2] 10.97%    
Maturity [1],[2] Aug. 29, 2029    
Principal/Shares [1],[2] $ 2,635,114    
Cost [1],[2] 2,574,806    
Fair Value [1],[2] $ 2,640,384    
% of Total Cash and Investments [1],[2] 0.14%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   4.00%  
Spread Cash [3],[7]   4.00%  
Total Coupon [3],[7]   13.47%  
Maturity [3],[7]   Jul. 08, 2027  
Principal/Shares [3],[7]   $ 530,257  
Cost [3],[7]   526,407  
Fair Value [3],[7]   $ 530,257  
% of Total Cash and Investments [3],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 0.75%    
Spread PIK [1],[2],[14] 2.50%    
Spread Cash [1],[2],[14] 5.00%    
Total Coupon [1],[2],[14] 11.95%    
Maturity [1],[2],[14] Jun. 08, 2028    
Principal/Shares [1],[2],[14] $ 20,089,415    
Cost [1],[2],[14] 19,325,057    
Fair Value [1],[2],[14] $ 13,044,057    
% of Total Cash and Investments [1],[2],[14] 0.69%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   2.50%  
Spread Cash [3],[7]   5.00%  
Total Coupon [3],[7]   12.96%  
Maturity [3],[7]   Jun. 08, 2028  
Principal/Shares [3],[7]   $ 7,749,018  
Cost [3],[7]   7,627,539  
Fair Value [3],[7]   $ 7,520,422  
% of Total Cash and Investments [3],[7]   0.45%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
Floor [3],[8]   0.00%  
Spread [3],[8]   12.00%  
Total Coupon [3],[8]   12.00%  
Maturity [3],[8]   Jul. 27, 2028  
Principal/Shares [3],[8]   $ 4,196,286  
Cost [3],[8]   3,854,119  
Fair Value [3],[8]   $ 3,252,122  
% of Total Cash and Investments [3],[8]   0.20%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.84%    
Maturity [1],[2] Jul. 27, 2028    
Principal/Shares [1],[2] $ 873,530    
Cost [1],[2] 862,954    
Fair Value [1],[2] $ 891,275    
% of Total Cash and Investments [1],[2] 0.05%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.01%    
Total Coupon [1],[2] 11.60%    
Maturity [1],[2] Jul. 27, 2028    
Principal/Shares [1],[2] $ 2,318,424    
Cost [1],[2] 2,010,891    
Fair Value [1],[2] $ 2,144,542    
% of Total Cash and Investments [1],[2] 0.11%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread PIK [1],[2] 6.25%    
Spread Cash [1],[2] 1.76%    
Total Coupon [1],[2] 12.60%    
Maturity [1],[2] Jul. 27, 2028    
Principal/Shares [1],[2] $ 5,480,222    
Cost [1],[2] 4,393,010    
Fair Value [1],[2] $ 3,297,258    
% of Total Cash and Investments [1],[2] 0.17%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029      
Schedule Of Investments [Line Items]      
Floor [3],[8]   0.75%  
Spread [3],[8]   8.51%  
Total Coupon [3],[8]   13.89%  
Maturity [3],[8]   Jul. 27, 2029  
Principal/Shares [3],[8]   $ 20,000,000  
Cost [3],[8]   19,770,718  
Fair Value [3],[8]   $ 8,000,000  
% of Total Cash and Investments [3],[8]   0.48%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 0.75%    
Spread PIK [1],[2],[14] 5.50%    
Spread Cash [1],[2],[14] 1.76%    
Total Coupon [1],[2],[14] 11.85%    
Maturity [1],[2],[14] Jul. 27, 2028    
Principal/Shares [1],[2],[14] $ 15,316,797    
Cost [1],[2],[14] 11,298,021    
Fair Value [1],[2],[14] $ 5,388,220    
% of Total Cash and Investments [1],[2],[14] 0.29%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.25%    
Total Coupon [1],[2] 11.82%    
Maturity [1],[2] Feb. 01, 2029    
Principal/Shares [1],[2] $ 10,178,938    
Cost [1],[2] 9,975,359    
Fair Value [1],[2] $ 10,046,612    
% of Total Cash and Investments [1],[2] 0.53%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   12.88%  
Maturity [3],[7]   Feb. 01, 2029  
Principal/Shares [3],[7]   $ 9,838,988  
Cost [3],[7]   9,620,806  
Fair Value [3],[7]   $ 9,947,217  
% of Total Cash and Investments [3],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.75%    
Total Coupon [1],[2] 12.32%    
Maturity [1],[2] Feb. 01, 2029    
Principal/Shares [1],[2] $ 13,175,394    
Cost [1],[2] 12,939,930    
Fair Value [1],[2] $ 13,228,096    
% of Total Cash and Investments [1],[2] 0.70%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 7.75%    
Total Coupon [1],[2],[6] 12.32%    
Maturity [1],[2],[6] Feb. 01, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (21,114)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.75%  
Total Coupon [3],[7],[17]   13.13%  
Maturity [3],[7],[17]   Feb. 01, 2029  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (26,159)  
Fair Value [3],[7],[17]   $ 0  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.80%  
Spread [3],[7],[12]   7.50%  
Total Coupon [3],[7],[12]   12.84%  
Maturity [3],[7],[12]   Jun. 10, 2027  
Principal/Shares [3],[7],[12]   $ 12,171,367  
Cost [3],[7],[12]   12,078,305  
Fair Value [3],[7],[12]   $ 11,209,829  
% of Total Cash and Investments [3],[7],[12]   0.67%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.80%    
Spread [1],[2],[24] 7.50%    
Total Coupon [1],[2],[24] 12.05%    
Maturity [1],[2],[24] Jun. 10, 2027    
Principal/Shares [1],[2],[24] $ 16,285,946    
Cost [1],[2],[24] 15,798,508    
Fair Value [1],[2],[24] $ 15,401,028    
% of Total Cash and Investments [1],[2],[24] 0.82%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 12.01%    
Total Coupon [1],[2] 12.01%    
Maturity [1],[2] Aug. 22, 2029    
Principal/Shares [1],[2] $ 8,874,302    
Cost [1],[2] 8,473,778    
Fair Value [1],[2] $ 8,874,302    
% of Total Cash and Investments [1],[2] 0.47%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 1.50%    
Spread Cash [1],[2] 3.00%    
Total Coupon [1],[2] 9.01%    
Maturity [1],[2] Aug. 22, 2029    
Principal/Shares [1],[2] $ 5,753,313    
Cost [1],[2] 5,487,638    
Fair Value [1],[2] $ 5,753,313    
% of Total Cash and Investments [1],[2] 0.30%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 1.50%    
Spread Cash [1],[2] 3.00%    
Total Coupon [1],[2] 9.01%    
Maturity [1],[2] Aug. 22, 2029    
Principal/Shares [1],[2] $ 3,031,905    
Cost [1],[2] 3,031,905    
Fair Value [1],[2] $ 3,031,905    
% of Total Cash and Investments [1],[2] 0.16%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   8.15%  
Total Coupon [3],[7]   13.56%  
Maturity [3],[7]   Apr. 06, 2027  
Principal/Shares [3],[7]   $ 32,582,872  
Cost [3],[7]   32,162,182  
Fair Value [3],[7]   $ 31,768,301  
% of Total Cash and Investments [3],[7]   1.91%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   8.15%  
Total Coupon [3],[7]   13.56%  
Maturity [3],[7]   Apr. 06, 2027  
Principal/Shares [3],[7]   $ 1,878,109  
Cost [3],[7]   1,850,684  
Fair Value [3],[7]   $ 1,817,680  
% of Total Cash and Investments [3],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.00%  
Spread [3],[7]   8.10%  
Total Coupon [3],[7]   13.46%  
Maturity [3],[7]   Apr. 02, 2027  
Principal/Shares [3],[7]   $ 9,903,019  
Cost [3],[7]   9,797,435  
Fair Value [3],[7]   $ 9,903,019  
% of Total Cash and Investments [3],[7]   0.59%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[24],[25] 0.00%    
Spread [1],[2],[13],[24],[25] 8.55%    
Total Coupon [1],[2],[13],[24],[25] 11.49%    
Maturity [1],[2],[13],[24],[25] Oct. 30, 2025    
Principal/Shares [1],[2],[13],[24],[25] $ 7,500,000    
Cost [1],[2],[13],[24],[25] 8,231,990    
Fair Value [1],[2],[13],[24],[25] $ 7,472,513    
% of Total Cash and Investments [1],[2],[13],[24],[25] 0.40%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024      
Schedule Of Investments [Line Items]      
Spread [3],[7],[12],[15],[26]   8.55%  
Total Coupon [3],[7],[12],[15],[26]   12.55%  
Maturity [3],[7],[12],[15],[26]   Oct. 01, 2024  
Principal/Shares [3],[7],[12],[15],[26]   $ 7,500,000  
Cost [3],[7],[12],[15],[26]   8,205,097  
Fair Value [3],[7],[12],[15],[26]   $ 8,017,274  
% of Total Cash and Investments [3],[7],[12],[15],[26]   0.47%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.00%  
Total Coupon [3],[7]   11.36%  
Maturity [3],[7]   Aug. 16, 2029  
Principal/Shares [3],[7]   $ 462,462  
Cost [3],[7]   454,559  
Fair Value [3],[7]   $ 462,092  
% of Total Cash and Investments [3],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.52%    
Maturity [1],[2] Aug. 16, 2029    
Principal/Shares [1],[2] $ 2,991,914    
Cost [1],[2] 2,910,650    
Fair Value [1],[2] $ 2,991,914    
% of Total Cash and Investments [1],[2] 0.16%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread [3],[7],[17]   6.00%  
Total Coupon [3],[7],[17]   11.36%  
Maturity [3],[7],[17]   Aug. 16, 2028  
Cost [3],[7],[17]   $ (580)  
Fair Value [3],[7],[17]   $ (83)  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 6.00%    
Total Coupon [1],[2],[6] 10.52%    
Maturity [1],[2],[6] Aug. 16, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (456)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.75%    
Spread PIK [1],[2],[13] 6.25%    
Spread Cash [1],[2],[13] 0.90%    
Total Coupon [1],[2],[13] 11.78%    
Maturity [1],[2],[13] Jan. 24, 2028    
Principal/Shares [1],[2],[13] $ 4,937,553    
Cost [1],[2],[13] 4,769,792    
Fair Value [1],[2],[13] $ 4,885,018    
% of Total Cash and Investments [1],[2],[13] 0.26%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[27]   0.75%  
Spread PIK [3],[7],[15],[27]   6.25%  
Spread Cash [3],[7],[15],[27]   0.90%  
Total Coupon [3],[7],[15],[27]   12.53%  
Maturity [3],[7],[15],[27]   Jan. 24, 2028  
Principal/Shares [3],[7],[15],[27]   $ 541,794  
Cost [3],[7],[15],[27]   533,702  
Fair Value [3],[7],[15],[27]   $ 536,431  
% of Total Cash and Investments [3],[7],[15],[27]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.75%    
Spread [1],[2],[13] 6.90%    
Total Coupon [1],[2],[13] 11.25%    
Maturity [1],[2],[13] Jan. 24, 2028    
Principal/Shares [1],[2],[13] $ 9,634,621    
Cost [1],[2],[13] 9,457,545    
Fair Value [1],[2],[13] $ 9,610,149    
% of Total Cash and Investments [1],[2],[13] 0.51%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6],[13] 0.75%    
Spread [1],[2],[6],[13] 6.90%    
Total Coupon [1],[2],[6],[13] 11.25%    
Maturity [1],[2],[6],[13] Jan. 24, 2028    
Principal/Shares [1],[2],[6],[13] $ 0    
Cost [1],[2],[6],[13] (14,707)    
Fair Value [1],[2],[6],[13] $ (2,039)    
% of Total Cash and Investments [1],[2],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 2.00%    
Spread Cash [1],[2] 6.20%    
Total Coupon [1],[2] 12.72%    
Maturity [1],[2] Dec. 01, 2027    
Principal/Shares [1],[2] $ 5,641,222    
Cost [1],[2] 5,223,409    
Fair Value [1],[2] $ 4,208,352    
% of Total Cash and Investments [1],[2] 0.22%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   2.00%  
Spread Cash [3],[7]   6.20%  
Total Coupon [3],[7]   13.57%  
Maturity [3],[7]   Dec. 01, 2027  
Principal/Shares [3],[7]   $ 3,629,082  
Cost [3],[7]   3,577,053  
Fair Value [3],[7]   $ 2,380,678  
% of Total Cash and Investments [3],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 1.00%    
Spread Cash [1],[2] 6.20%    
Total Coupon [1],[2] 11.63%    
Maturity [1],[2] Dec. 01, 2027    
Principal/Shares [1],[2] $ 870,965    
Cost [1],[2] 804,486    
Fair Value [1],[2] $ 649,740    
% of Total Cash and Investments [1],[2] 0.03%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   2.00%  
Spread Cash [3],[7]   6.20%  
Total Coupon [3],[7]   13.58%  
Maturity [3],[7]   Dec. 01, 2027  
Principal/Shares [3],[7]   $ 584,388  
Cost [3],[7]   576,331  
Fair Value [3],[7]   $ 383,359  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.76%    
Maturity [1],[2] Aug. 29, 2029    
Principal/Shares [1],[2] $ 5,500,000    
Cost [1],[2] 5,258,817    
Fair Value [1],[2] $ 5,610,000    
% of Total Cash and Investments [1],[2] 0.30%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.50%  
Total Coupon [3],[7]   11.89%  
Maturity [3],[7]   Aug. 29, 2029  
Principal/Shares [3],[7]   $ 916,667  
Cost [3],[7]   894,416  
Fair Value [3],[7]   $ 894,025  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.25%    
Total Coupon [1],[2],[6] 10.76%    
Maturity [1],[2],[6] Aug. 29, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (10,648)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.50%  
Total Coupon [3],[7],[17]   11.89%  
Maturity [3],[7],[17]   Aug. 29, 2029  
Principal/Shares [3],[7],[17]   $ 0  
Cost [3],[7],[17]   (1,970)  
Fair Value [3],[7],[17]   $ (2,058)  
% of Total Cash and Investments [3],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail      
Schedule Of Investments [Line Items]      
Cost $ 16,347,562 [1] $ 12,911,179 [3]  
Fair Value $ 16,584,131 [1] $ 11,998,106 [3]  
% of Total Cash and Investments 0.88% [1] 0.72% [3]  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.40%  
Total Coupon [3],[7]   11.79%  
Maturity [3],[7]   Dec. 29, 2027  
Principal/Shares [3],[7]   $ 954,643  
Cost [3],[7]   899,762  
Fair Value [3],[7]   $ 888,295  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   0.75%  
Spread [3],[7],[8]   8.00%  
Total Coupon [3],[7],[8]   13.48%  
Maturity [3],[7],[8]   Dec. 14, 2028  
Principal/Shares [3],[7],[8]   $ 12,141,870  
Cost [3],[7],[8]   12,011,417  
Fair Value [3],[7],[8]   $ 11,109,811  
% of Total Cash and Investments [3],[7],[8]   0.67%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 0.75%    
Spread [1],[2],[9] 8.26%    
Total Coupon [1],[2],[9] 12.89%    
Maturity [1],[2],[9] Dec. 14, 2028    
Principal/Shares [1],[2],[9] $ 16,815,342    
Cost [1],[2],[9] 16,347,562    
Fair Value [1],[2],[9] $ 16,584,131    
% of Total Cash and Investments [1],[2],[9] 0.88%    
Investment, Identifier [Axis]: Debt Investments Leisure Products      
Schedule Of Investments [Line Items]      
Cost $ 2,381,884 [1] $ 2,265,616 [3]  
Fair Value $ 2,334,035 [1] $ 2,190,448 [3]  
% of Total Cash and Investments 0.12% [1] 0.13% [3]  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.50%    
Spread Cash [1],[2] 5.90%    
Total Coupon [1],[2] 13.92%    
Maturity [1],[2] Jun. 15, 2026    
Principal/Shares [1],[2] $ 78,258    
Cost [1],[2] 78,258    
Fair Value [1],[2] $ 76,673    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.92% Maturity 6/15/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.50%  
Spread Cash [3],[7]   6.00%  
Total Coupon [3],[7]   14.92%  
Maturity [3],[7]   Jun. 15, 2024  
Principal/Shares [3],[7]   $ 71,413  
Cost [3],[7]   71,322  
Fair Value [3],[7]   $ 68,713  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.50%    
Spread Cash [1],[2] 5.90%    
Total Coupon [1],[2] 13.99%    
Maturity [1],[2] Jun. 15, 2026    
Principal/Shares [1],[2] $ 2,148,003    
Cost [1],[2] 2,147,749    
Fair Value [1],[2] $ 2,104,485    
% of Total Cash and Investments [1],[2] 0.11%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.50%  
Spread Cash [3],[7]   6.00%  
Total Coupon [3],[7]   14.95%  
Maturity [3],[7]   Jun. 15, 2024  
Principal/Shares [3],[7]   $ 1,959,653  
Cost [3],[7]   1,956,621  
Fair Value [3],[7]   $ 1,885,579  
% of Total Cash and Investments [3],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.50%    
Spread Cash [1],[2] 5.90%    
Total Coupon [1],[2] 13.99%    
Maturity [1],[2] Jun. 15, 2026    
Principal/Shares [1],[2] $ 156,038    
Cost [1],[2] 155,877    
Fair Value [1],[2] $ 152,877    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.50%  
Spread Cash [3],[7]   6.00%  
Total Coupon [3],[7]   14.94%  
Maturity [3],[7]   Jun. 15, 2024  
Principal/Shares [3],[7]   $ 142,322  
Cost [3],[7]   142,142  
Fair Value [3],[7]   $ 136,942  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027      
Schedule Of Investments [Line Items]      
Floor [3],[8],[28]   0.50%  
Spread [3],[8],[28]   7.10%  
Total Coupon [3],[8],[28]   12.48%  
Maturity [3],[8],[28]   May 25, 2027  
Principal/Shares [3],[8],[28]   $ 98,500  
Cost [3],[8],[28]   95,531  
Fair Value [3],[8],[28]   $ 99,214  
% of Total Cash and Investments [3],[8],[28]   0.01%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services      
Schedule Of Investments [Line Items]      
Cost $ 16,688,802 [1] $ 6,246,121 [3]  
Fair Value $ 16,978,521 [1] $ 6,630,353 [3]  
% of Total Cash and Investments 0.89% [1] 0.40% [3]  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.10%    
Total Coupon [1],[2] 11.55%    
Maturity [1],[2] Dec. 21, 2028    
Principal/Shares [1],[2] $ 631,605    
Cost [1],[2] 617,706    
Fair Value [1],[2] $ 636,026    
% of Total Cash and Investments [1],[2] 0.03%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.10%  
Total Coupon [3],[7],[17]   12.46%  
Maturity [3],[7],[17]   Dec. 21, 2028  
Cost [3],[7],[17]   $ (16,005)  
Fair Value [3],[7],[17]   $ 10,925  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.10%  
Total Coupon [3],[7]   12.46%  
Maturity [3],[7]   Dec. 21, 2028  
Principal/Shares [3],[7]   $ 6,489,635  
Cost [3],[7]   6,287,606  
Fair Value [3],[7]   $ 6,619,428  
% of Total Cash and Investments [3],[7]   0.40%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.15%    
Total Coupon [1],[2] 11.66%    
Maturity [1],[2] Dec. 21, 2028    
Principal/Shares [1],[2] $ 8,582,346    
Cost [1],[2] 8,390,263    
Fair Value [1],[2] $ 8,642,420    
% of Total Cash and Investments [1],[2] 0.46%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.10%    
Total Coupon [1],[2] 11.44%    
Maturity [1],[2] Dec. 21, 2028    
Principal/Shares [1],[2] $ 87,575    
Cost [1],[2] 67,110    
Fair Value [1],[2] $ 87,575    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.10%  
Total Coupon [3],[7],[17]   12.46%  
Maturity [3],[7],[17]   Dec. 21, 2028  
Cost [3],[7],[17]   $ (25,480)  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 3.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.62%    
Maturity [1],[2] Dec. 20, 2029    
Principal/Shares [1],[2] $ 1,312,500    
Cost [1],[2] 1,116,844    
Fair Value [1],[2] $ 1,115,625    
% of Total Cash and Investments [1],[2] 0.06%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 3.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.62%    
Maturity [1],[2] Dec. 20, 2029    
Principal/Shares [1],[2] $ 6,562,500    
Cost [1],[2] 6,496,879    
Fair Value [1],[2] $ 6,496,875    
% of Total Cash and Investments [1],[2] 0.34%    
Investment, Identifier [Axis]: Debt Investments Machinery      
Schedule Of Investments [Line Items]      
Cost $ 19,453,045 [1] 13,341,301 [3]  
Fair Value $ 19,027,029 [1] $ 13,865,137 [3]  
% of Total Cash and Investments 1.01% [1] 0.83% [3]  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.65%    
Total Coupon [1],[2] 10.17%    
Maturity [1],[2] Aug. 05, 2028    
Principal/Shares [1],[2] $ 203,153    
Cost [1],[2] 200,923    
Fair Value [1],[2] $ 195,230    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.65%    
Total Coupon [1],[2] 10.17%    
Maturity [1],[2] Aug. 05, 2028    
Principal/Shares [1],[2] $ 19,557,127    
Cost [1],[2] 19,207,809    
Fair Value [1],[2] $ 18,794,399    
% of Total Cash and Investments [1],[2] 1.00%    
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.90%  
Total Coupon [3],[7]   12.28%  
Maturity [3],[7]   Aug. 05, 2028  
Principal/Shares [3],[7]   $ 13,593,271  
Cost [3],[7]   13,341,301  
Fair Value [3],[7]   $ 13,865,137  
% of Total Cash and Investments [3],[7]   0.83%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.60%    
Total Coupon [1],[2] 10.05%    
Maturity [1],[2] Aug. 05, 2027    
Principal/Shares [1],[2] $ 44,313    
Cost [1],[2] 44,313    
Fair Value [1],[2] $ 37,400    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media      
Schedule Of Investments [Line Items]      
Cost $ 73,489,301 [1] $ 54,167,661 [3]  
Fair Value $ 48,932,372 [1] $ 44,908,121 [3]  
% of Total Cash and Investments 2.58% [1] 2.69% [3]  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   4.50%  
Spread Cash [3],[7]   4.50%  
Total Coupon [3],[7]   14.39%  
Maturity [3],[7]   Jan. 03, 2024  
Principal/Shares [3],[7]   $ 29,509,107  
Cost [3],[7]   29,369,194  
Fair Value [3],[7]   $ 23,666,304  
% of Total Cash and Investments [3],[7]   1.42%  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread PIK [1],[2],[14] 4.50%    
Spread Cash [1],[2],[14] 4.50%    
Total Coupon [1],[2],[14] 15.59%    
Maturity [1],[2],[14] Jan. 03, 2025    
Principal/Shares [1],[2],[14] $ 33,745,227    
Cost [1],[2],[14] 29,766,996    
Fair Value [1],[2],[14] $ 8,031,364    
% of Total Cash and Investments [1],[2],[14] 0.43%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.00%    
Spread PIK [1],[2],[24] 1.50%    
Spread Cash [1],[2],[24] 3.36%    
Total Coupon [1],[2],[24] 9.22%    
Maturity [1],[2],[24] Aug. 19, 2026    
Principal/Shares [1],[2],[24] $ 668,568    
Cost [1],[2],[24] 618,476    
Fair Value [1],[2],[24] $ 612,743    
% of Total Cash and Investments [1],[2],[24] 0.03%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 0.00%    
Spread [1],[2],[9] 7.00%    
Total Coupon [1],[2],[9] 11.47%    
Maturity [1],[2],[9] Oct. 19, 2026    
Principal/Shares [1],[2],[9] $ 17,631,760    
Cost [1],[2],[9] 16,917,972    
Fair Value [1],[2],[9] $ 14,350,930    
% of Total Cash and Investments [1],[2],[9] 0.76%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026      
Schedule Of Investments [Line Items]      
Spread [3],[8]   7.11%  
Total Coupon [3],[8]   12.47%  
Maturity [3],[8]   Oct. 19, 2026  
Principal/Shares [3],[8]   $ 14,500,000  
Cost [3],[8]   14,189,402  
Fair Value [3],[8]   $ 11,672,500  
% of Total Cash and Investments [3],[8]   0.70%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 9.76%    
Total Coupon [1],[2] 14.09%    
Maturity [1],[2] Mar. 31, 2025    
Principal/Shares [1],[2] $ 28,490    
Cost [1],[2] 28,375    
Fair Value [1],[2] $ 28,490    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   0.50%  
Spread Cash [3],[7]   7.01%  
Total Coupon [3],[7]   12.89%  
Maturity [3],[7]   Dec. 31, 2024  
Principal/Shares [3],[7]   $ 375,800  
Cost [3],[7]   372,235  
Fair Value [3],[7]   $ 355,131  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 9.76%    
Total Coupon [1],[2] 14.09%    
Maturity [1],[2] Mar. 31, 2025    
Principal/Shares [1],[2] $ 43,644    
Cost [1],[2] 43,641    
Fair Value [1],[2] $ 43,644    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 9.76%    
Total Coupon [1],[2] 14.09%    
Maturity [1],[2] Mar. 31, 2025    
Principal/Shares [1],[2] $ 43,644    
Cost [1],[2] 43,644    
Fair Value [1],[2] $ 43,644    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 9.76%    
Total Coupon [1],[2] 14.09%    
Maturity [1],[2] Mar. 31, 2025    
Principal/Shares [1],[2] $ 743,288    
Cost [1],[2] 743,288    
Fair Value [1],[2] $ 446,716    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.61%    
Maturity [1],[2] Dec. 31, 2030    
Principal/Shares [1],[2] $ 12,142,857    
Cost [1],[2] 11,900,034    
Fair Value [1],[2] $ 11,900,000    
% of Total Cash and Investments [1],[2] 0.63%    
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 4.73%    
Total Coupon [1],[2] 10.98%    
Maturity [1],[2] Aug. 23, 2026    
Principal/Shares [1],[2] $ 13,777,956    
Cost [1],[2] 13,426,875    
Fair Value [1],[2] $ 13,474,841    
% of Total Cash and Investments [1],[2] 0.71%    
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.00%  
Maturity [3],[7]   Aug. 23, 2026  
Principal/Shares [3],[7]   $ 10,364,664  
Cost [3],[7]   10,236,830  
Fair Value [3],[7]   $ 9,214,186  
% of Total Cash and Investments [3],[7]   0.55%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels      
Schedule Of Investments [Line Items]      
Cost $ 3,983,633 [1] $ 2,294,669 [3]  
Fair Value $ 4,122,647 [1] $ 2,299,151 [3]  
% of Total Cash and Investments 0.21% [1] 0.14% [3]  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[18] 1.00%    
Spread [1],[2],[18] 9.15%    
Total Coupon [1],[2],[18] 13.48%    
Maturity [1],[2],[18] Apr. 12, 2026    
Principal/Shares [1],[2],[18] $ 842,642    
Cost [1],[2],[18] 842,642    
Fair Value [1],[2],[18] $ 842,642    
% of Total Cash and Investments [1],[2],[18] 0.04%    
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[19]   1.00%  
Spread [3],[7],[19]   9.15%  
Total Coupon [3],[7],[19]   14.50%  
Maturity [3],[7],[19]   Apr. 12, 2024  
Principal/Shares [3],[7],[19]   $ 1,324,151  
Cost [3],[7],[19]   1,324,151  
Fair Value [3],[7],[19]   $ 1,324,151  
% of Total Cash and Investments [3],[7],[19]   0.08%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.75%    
Total Coupon [1],[2] 11.23%    
Maturity [1],[2] Oct. 02, 2029    
Principal/Shares [1],[2] $ 3,293,178    
Cost [1],[2] 3,140,991    
Fair Value [1],[2] $ 3,280,005    
% of Total Cash and Investments [1],[2] 0.17%    
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.75%  
Total Coupon [3],[7]   12.06%  
Maturity [3],[7]   Oct. 02, 2029  
Principal/Shares [3],[7]   $ 1,000,000  
Cost [3],[7]   970,518  
Fair Value [3],[7]   $ 975,000  
% of Total Cash and Investments [3],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products      
Schedule Of Investments [Line Items]      
Cost $ 44,030,187 [1] $ 30,148,813 [3]  
Fair Value $ 41,064,614 [1] $ 29,607,194 [3]  
% of Total Cash and Investments 2.17% [1] 1.78% [3]  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 5.33%    
Spread Cash [1],[2] 1.00%    
Total Coupon [1],[2] 10.65%    
Maturity [1],[2] Nov. 30, 2026    
Principal/Shares [1],[2] $ 31,071,415    
Cost [1],[2] 30,279,880    
Fair Value [1],[2] $ 27,026,848    
% of Total Cash and Investments [1],[2] 1.43%    
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.10%  
Total Coupon [3],[7]   11.44%  
Maturity [3],[7]   Nov. 30, 2026  
Principal/Shares [3],[7]   $ 20,158,690  
Cost [3],[7]   19,877,911  
Fair Value [3],[7]   $ 19,467,247  
% of Total Cash and Investments [3],[7]   1.17%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 5.33%    
Spread Cash [1],[2] 1.00%    
Total Coupon [1],[2] 10.65%    
Maturity [1],[2] Nov. 30, 2026    
Principal/Shares [1],[2] $ 365,117    
Cost [1],[2] 337,220    
Fair Value [1],[2] $ 254,588    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.10%  
Total Coupon [3],[7]   11.44%  
Maturity [3],[7]   Nov. 30, 2026  
Principal/Shares [3],[7]   $ 107,443  
Cost [3],[7]   104,030  
Fair Value [3],[7]   $ 101,300  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.25%  
Spread [3],[7]   6.15%  
Total Coupon [3],[7]   11.56%  
Maturity [3],[7]   Dec. 23, 2026  
Principal/Shares [3],[7]   $ 10,413,534  
Cost [3],[7]   10,166,872  
Fair Value [3],[7]   $ 10,038,647  
% of Total Cash and Investments [3],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.25%    
Spread [1],[2] 6.65%    
Total Coupon [1],[2] 11.33%    
Maturity [1],[2] Dec. 23, 2026    
Principal/Shares [1],[2] $ 13,771,747    
Cost [1],[2] 13,413,087    
Fair Value [1],[2] $ 13,783,178    
% of Total Cash and Investments [1],[2] 0.73%    
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.50%  
Spread [3],[7]   9.00%  
Total Coupon [3],[7]   16.57%  
Maturity [3],[7]   Sep. 11, 2026  
Principal/Shares [3],[7]   $ 23,709,677  
Cost [3],[7]   22,839,598  
Fair Value [3],[7]   $ 20,508,871  
% of Total Cash and Investments [3],[7]   1.23%  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[24] 1.00%    
Spread [1],[2],[13],[24] 8.86%    
Total Coupon [1],[2],[13],[24] 13.22%    
Maturity [1],[2],[13],[24] Aug. 17, 2025    
Principal/Shares [1],[2],[13],[24] $ 22,108,019    
Cost [1],[2],[13],[24] 21,940,945    
Fair Value [1],[2],[13],[24] $ 21,533,210    
% of Total Cash and Investments [1],[2],[13],[24] 1.14%    
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13],[24] 1.00%    
Spread [1],[2],[13],[24] 8.86%    
Total Coupon [1],[2],[13],[24] 13.22%    
Maturity [1],[2],[13],[24] Aug. 17, 2025    
Principal/Shares [1],[2],[13],[24] $ 33,593,280    
Cost [1],[2],[13],[24] 33,294,162    
Fair Value [1],[2],[13],[24] $ 32,719,855    
% of Total Cash and Investments [1],[2],[13],[24] 1.73%    
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.60%    
Total Coupon [1],[2] 9.96%    
Maturity [1],[2] Jun. 28, 2026    
Principal/Shares [1],[2] $ 3,740,360    
Cost [1],[2] 3,609,349    
Fair Value [1],[2] $ 3,735,685    
% of Total Cash and Investments [1],[2] 0.20%    
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.60%    
Total Coupon [1],[2] 9.96%    
Maturity [1],[2] Jun. 28, 2026    
Principal/Shares [1],[2] $ 957,738    
Cost [1],[2] 924,215    
Fair Value [1],[2] $ 956,541    
% of Total Cash and Investments [1],[2] 0.05%    
Investment, Identifier [Axis]: Debt Investments Professional Services      
Schedule Of Investments [Line Items]      
Cost $ 113,914,907 [1] $ 93,365,760 [3]  
Fair Value $ 105,632,356 [1] $ 86,017,409 [3]  
% of Total Cash and Investments 5.59% [1] 5.16% [3]  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.50%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.33%    
Maturity [1],[2] Oct. 24, 2029    
Principal/Shares [1],[2] $ 13,077,192    
Cost [1],[2] 12,820,778    
Fair Value [1],[2] $ 12,828,725    
% of Total Cash and Investments [1],[2] 0.68%    
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   5.00%  
Total Coupon [3],[7]   10.40%  
Maturity [3],[7]   Sep. 20, 2025  
Principal/Shares [3],[7]   $ 15,127,466  
Cost [3],[7]   15,097,104  
Fair Value [3],[7]   $ 15,127,466  
% of Total Cash and Investments [3],[7]   0.91%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.50%    
Spread [1],[2],[6] 6.00%    
Total Coupon [1],[2],[6] 10.33%    
Maturity [1],[2],[6] Oct. 24, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (25,202)    
Fair Value [1],[2],[6] $ (24,847)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   5.00%  
Total Coupon [3],[7],[17]   10.40%  
Maturity [3],[7],[17]   Sep. 20, 2025  
Cost [3],[7],[17]   $ (4,975)  
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[16]   1.00%  
Spread PIK [3],[7],[16]   6.75%  
Spread Cash [3],[7],[16]   1.00%  
Total Coupon [3],[7],[16]   7.75%  
Maturity [3],[7],[16]   Jun. 01, 2025  
Principal/Shares [3],[7],[16]   $ 8,146,376  
Cost [3],[7],[16]   7,567,314  
Fair Value [3],[7],[16]   $ 1,710,739  
% of Total Cash and Investments [3],[7],[16]   0.10%  
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[14] 1.00%    
Spread [1],[2],[14] 6.75%    
Total Coupon [1],[2],[14] 11.11%    
Maturity [1],[2],[14] Dec. 31, 2027    
Principal/Shares [1],[2],[14] $ 8,146,376    
Cost [1],[2],[14] 7,567,314    
Fair Value [1],[2],[14] $ 57,025    
% of Total Cash and Investments [1],[2],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   0.75%  
Spread [3],[7],[8]   7.75%  
Total Coupon [3],[7],[8]   13.13%  
Maturity [3],[7],[8]   Apr. 26, 2030  
Principal/Shares [3],[7],[8]   $ 7,500,000  
Cost [3],[7],[8]   7,377,765  
Fair Value [3],[7],[8]   $ 6,562,500  
% of Total Cash and Investments [3],[7],[8]   0.39%  
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   0.50%  
Spread [3],[7],[8]   7.50%  
Total Coupon [3],[7],[8]   12.97%  
Maturity [3],[7],[8]   May 14, 2029  
Principal/Shares [3],[7],[8]   $ 10,000,000  
Cost [3],[7],[8]   9,937,579  
Fair Value [3],[7],[8]   $ 10,000,000  
% of Total Cash and Investments [3],[7],[8]   0.60%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Jan. 16, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (2,643)    
Fair Value [1],[2],[6] $ (1,290)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Jan. 16, 2030    
Principal/Shares [1],[2] $ 1,472,742    
Cost [1],[2] 1,415,822    
Fair Value [1],[2] $ 1,466,851    
% of Total Cash and Investments [1],[2] 0.08%    
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Jan. 16, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (1,586)    
Fair Value [1],[2],[6] $ (774)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread PIK [3],[7],[17]   3.88%  
Spread Cash [3],[7],[17]   3.38%  
Total Coupon [3],[7],[17]   12.62%  
Maturity [3],[7],[17]   Aug. 18, 2028  
Fair Value [3],[7],[17]   $ (5,760)  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.88%    
Maturity [1],[2] Aug. 18, 2028    
Principal/Shares [1],[2] $ 4,449,002    
Cost [1],[2] 4,392,093    
Fair Value [1],[2] $ 4,393,167    
% of Total Cash and Investments [1],[2] 0.23%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   3.88%  
Spread Cash [3],[7]   3.38%  
Total Coupon [3],[7]   12.62%  
Maturity [3],[7]   Aug. 18, 2028  
Principal/Shares [3],[7]   $ 8,783,644  
Cost [3],[7]   8,656,913  
Fair Value [3],[7]   $ 8,728,775  
% of Total Cash and Investments [3],[7]   0.52%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.75%    
Total Coupon [1],[2] 10.38%    
Maturity [1],[2] Aug. 18, 2028    
Principal/Shares [1],[2] $ 16,380,862    
Cost [1],[2] 15,911,506    
Fair Value [1],[2] $ 15,928,750    
% of Total Cash and Investments [1],[2] 0.84%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.75%    
Total Coupon [1],[2] 10.34%    
Maturity [1],[2] Aug. 18, 2028    
Principal/Shares [1],[2] $ 290,032    
Cost [1],[2] 278,222    
Fair Value [1],[2] $ 250,008    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 12.10% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   6.75%  
Total Coupon [3],[7]   12.10%  
Maturity [3],[7]   Aug. 18, 2028  
Principal/Shares [3],[7]   $ 66,269  
Cost [3],[7]   60,824  
Fair Value [3],[7]   $ 63,690  
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   8.86%  
Total Coupon [3],[7],[15]   14.22%  
Maturity [3],[7],[15]   Feb. 17, 2025  
Principal/Shares [3],[7],[15]   $ 18,590,587  
Cost [3],[7],[15]   18,462,713  
Fair Value [3],[7],[15]   $ 18,107,231  
% of Total Cash and Investments [3],[7],[15]   1.10%  
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   8.86%  
Total Coupon [3],[7],[15]   14.22%  
Maturity [3],[7],[15]   Feb. 17, 2025  
Principal/Shares [3],[7],[15]   $ 26,409,413  
Cost [3],[7],[15]   26,210,523  
Fair Value [3],[7],[15]   $ 25,722,768  
% of Total Cash and Investments [3],[7],[15]   1.54%  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.37%    
Maturity [1],[2],[6] Dec. 20, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (72,490)    
Fair Value [1],[2],[6] $ (72,834)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.37%    
Maturity [1],[2],[6] Dec. 20, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (28,996)    
Fair Value [1],[2],[6] $ (29,134)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development      
Schedule Of Investments [Line Items]      
Cost $ 20,552,576 [1] $ 12,723,695 [3]  
Fair Value $ 20,836,164 [1] $ 12,750,364 [3]  
% of Total Cash and Investments 1.11% [1] 0.76% [3]  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.75%    
Total Coupon [1],[2] 10.11%    
Maturity [1],[2] Jan. 18, 2030    
Principal/Shares [1],[2] $ 1,571,429    
Cost [1],[2] 1,502,844    
Fair Value [1],[2] $ 1,547,590    
% of Total Cash and Investments [1],[2] 0.08%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.75%    
Total Coupon [1],[2],[6] 10.11%    
Maturity [1],[2],[6] Jan. 18, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (4,137)    
Fair Value [1],[2],[6] $ (6,501)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[29] 1.25%    
Spread [1],[2],[29] 6.43%    
Total Coupon [1],[2],[29] 11.57%    
Maturity [1],[2],[29] Mar. 02, 2026    
Principal/Shares [1],[2],[29] $ 6,533,333    
Cost [1],[2],[29] 6,464,091    
Fair Value [1],[2],[29] $ 6,526,800    
% of Total Cash and Investments [1],[2],[29] 0.35%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[27]   1.25%  
Spread [3],[7],[27]   6.43%  
Total Coupon [3],[7],[27]   11.84%  
Maturity [3],[7],[27]   Mar. 02, 2026  
Principal/Shares [3],[7],[27]   $ 4,666,667  
Cost [3],[7],[27]   4,666,667  
Fair Value [3],[7],[27]   $ 4,634,000  
% of Total Cash and Investments [3],[7],[27]   0.28%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027      
Schedule Of Investments [Line Items]      
Floor 1.50% [1],[2] 1.50% [3],[7]  
Spread 6.61% [1],[2] 6.61% [3],[7]  
Total Coupon 10.97% [1],[2] 11.97% [3],[7]  
Maturity Mar. 21, 2027 [1],[2] Mar. 21, 2027 [3],[7]  
Principal/Shares $ 12,843,151 [1],[2] $ 8,181,818 [3],[7]  
Cost 12,589,778 [1],[2] 8,057,028 [3],[7]  
Fair Value $ 12,768,275 [1],[2] $ 8,116,364 [3],[7]  
% of Total Cash and Investments 0.68% [1],[2] 0.48% [3],[7]  
Investment, Identifier [Axis]: Debt Investments Road and Rail      
Schedule Of Investments [Line Items]      
Cost [1] $ 54,342,001    
Fair Value [1] $ 54,725,000    
% of Total Cash and Investments [1] 2.91%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.00%    
Spread [1],[2],[24] 7.36%    
Total Coupon [1],[2],[24] 11.72%    
Maturity [1],[2],[24] Apr. 08, 2027    
Principal/Shares [1],[2],[24] $ 2,000,000    
Cost [1],[2],[24] 1,941,731    
Fair Value [1],[2],[24] $ 1,990,000    
% of Total Cash and Investments [1],[2],[24] 0.11%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.00%    
Spread [1],[2],[24] 7.36%    
Total Coupon [1],[2],[24] 11.72%    
Maturity [1],[2],[24] Apr. 08, 2027    
Principal/Shares [1],[2],[24] $ 53,000,000    
Cost [1],[2],[24] 52,400,270    
Fair Value [1],[2],[24] $ 52,735,000    
% of Total Cash and Investments [1],[2],[24] 2.80%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.68%  
Total Coupon [3],[7]   13.18%  
Maturity [3],[7]   Apr. 08, 2025  
Principal/Shares [3],[7]   $ 40,000,000  
Cost [3],[7]   39,746,666  
Fair Value [3],[7]   $ 39,840,000  
% of Total Cash and Investments [3],[7]   2.39%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment      
Schedule Of Investments [Line Items]      
Cost $ 8,379,774 [1] $ 6,517,541 [3]  
Fair Value $ 6,780,308 [1] $ 6,039,299 [3]  
% of Total Cash and Investments 0.36% [1] 0.36% [3]  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 1.00%    
Spread [1],[2],[9] 6.35%    
Total Coupon [1],[2],[9] 10.71%    
Maturity [1],[2],[9] Dec. 29, 2027    
Principal/Shares [1],[2],[9] $ 7,017,191    
Cost [1],[2],[9] 6,776,288    
Fair Value [1],[2],[9] $ 5,613,753    
% of Total Cash and Investments [1],[2],[9] 0.30%    
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   1.00%  
Spread [3],[7],[8]   6.40%  
Total Coupon [3],[7],[8]   11.79%  
Maturity [3],[7],[8]   Dec. 29, 2027  
Principal/Shares [3],[7],[8]   $ 5,354,918  
Cost [3],[7],[8]   5,276,269  
Fair Value [3],[7],[8]   $ 4,872,975  
% of Total Cash and Investments [3],[7],[8]   0.29%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 1.00%    
Spread [1],[2],[9] 6.10%    
Total Coupon [1],[2],[9] 10.44%    
Maturity [1],[2],[9] Dec. 29, 2026    
Principal/Shares [1],[2],[9] $ 1,799,856    
Cost [1],[2],[9] 1,603,486    
Fair Value [1],[2],[9] $ 1,166,555    
% of Total Cash and Investments [1],[2],[9] 0.06%    
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[8]   1.00%  
Spread [3],[7],[8]   6.10%  
Total Coupon [3],[7],[8]   11.46%  
Maturity [3],[7],[8]   Dec. 29, 2026  
Principal/Shares [3],[7],[8]   $ 1,422,037  
Cost [3],[7],[8]   1,241,272  
Fair Value [3],[7],[8]   $ 1,166,324  
% of Total Cash and Investments [3],[7],[8]   0.07%  
Investment, Identifier [Axis]: Debt Investments Software      
Schedule Of Investments [Line Items]      
Cost $ 245,422,089 [1] $ 140,664,355 [3]  
Fair Value $ 248,294,478 [1] $ 141,028,833 [3]  
% of Total Cash and Investments 13.18% [1] 8.46% [3]  
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7],[12]   1.00%  
Spread [3],[7],[12]   7.50%  
Total Coupon [3],[7],[12]   12.97%  
Maturity [3],[7],[12]   Dec. 29, 2025  
Principal/Shares [3],[7],[12]   $ 9,958,261  
Cost [3],[7],[12]   9,867,485  
Fair Value [3],[7],[12]   $ 9,878,595  
% of Total Cash and Investments [3],[7],[12]   0.59%  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 2.00%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.58%    
Maturity [1],[2] Jun. 27, 2029    
Principal/Shares [1],[2] $ 23,208,319    
Cost [1],[2] 22,946,913    
Fair Value [1],[2] $ 22,951,263    
% of Total Cash and Investments [1],[2] 1.22%    
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.00%  
Total Coupon [3],[7]   12.47%  
Maturity [3],[7]   Mar. 11, 2027  
Principal/Shares [3],[7]   $ 25,095,612  
Cost [3],[7]   24,913,264  
Fair Value [3],[7]   $ 25,165,879  
% of Total Cash and Investments [3],[7]   1.51%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Apr. 13, 2029    
Principal/Shares [1],[2] $ 17,906,260    
Cost [1],[2] 17,568,039    
Fair Value [1],[2] $ 17,870,448    
% of Total Cash and Investments [1],[2] 0.95%    
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.25%  
Spread Cash [3],[7]   3.65%  
Total Coupon [3],[7]   12.20%  
Maturity [3],[7]   Apr. 13, 2027  
Principal/Shares [3],[7]   $ 13,071,448  
Cost [3],[7]   12,935,644  
Fair Value [3],[7]   $ 12,653,162  
% of Total Cash and Investments [3],[7]   0.76%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 5.25%    
Total Coupon [1],[2] 9.59%    
Maturity [1],[2] Apr. 13, 2029    
Principal/Shares [1],[2] $ 452,133    
Cost [1],[2] 445,848    
Fair Value [1],[2] $ 449,774    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.04%  
Maturity [3],[7]   Apr. 13, 2027  
Principal/Shares [3],[7]   $ 756,022  
Cost [3],[7]   746,002  
Fair Value [3],[7]   $ 728,107  
% of Total Cash and Investments [3],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.75%  
Total Coupon [3],[7]   13.19%  
Maturity [3],[7]   Apr. 30, 2026  
Principal/Shares [3],[7]   $ 11,299,209  
Cost [3],[7]   11,115,593  
Fair Value [3],[7]   $ 11,412,201  
% of Total Cash and Investments [3],[7]   0.68%  
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.75%  
Total Coupon [3],[7]   13.14%  
Maturity [3],[7]   Apr. 30, 2026  
Principal/Shares [3],[7]   $ 1,285,939  
Cost [3],[7]   1,258,628  
Fair Value [3],[7]   $ 1,285,940  
% of Total Cash and Investments [3],[7]   0.08%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.72%  
Maturity [3],[7]   Sep. 12, 2029  
Principal/Shares [3],[7]   $ 910,256  
Cost [3],[7]   888,370  
Fair Value [3],[7]   $ 894,782  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.25%    
Total Coupon [1],[2] 10.64%    
Maturity [1],[2] Sep. 12, 2029    
Principal/Shares [1],[2] $ 11,307,053    
Cost [1],[2] 10,931,006    
Fair Value [1],[2] $ 11,318,360    
% of Total Cash and Investments [1],[2] 0.60%    
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 6.25%    
Total Coupon [1],[2],[6] 10.64%    
Maturity [1],[2],[6] Sep. 12, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (9,558)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.25%  
Total Coupon [3],[7],[17]   12.72%  
Maturity [3],[7],[17]   Sep. 12, 2029  
Cost [3],[7],[17]   $ (2,132)  
Fair Value [3],[7],[17]   $ (1,526)  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   8.00%  
Total Coupon [3],[7]   13.35%  
Maturity [3],[7]   Sep. 08, 2027  
Principal/Shares [3],[7]   $ 866,891  
Cost [3],[7]   855,048  
Fair Value [3],[7]   $ 854,668  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread PIK [1],[2] 7.75%    
Total Coupon [1],[2] 12.08%    
Maturity [1],[2] Sep. 27, 2027    
Principal/Shares [1],[2] $ 1,977,185    
Cost [1],[2] 1,932,927    
Fair Value [1],[2] $ 1,982,127    
% of Total Cash and Investments [1],[2] 0.11%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.00%    
Total Coupon [1],[2] 11.33%    
Maturity [1],[2] Sep. 08, 2027    
Principal/Shares [1],[2] $ 5,832,706    
Cost [1],[2] 5,670,708    
Fair Value [1],[2] $ 5,779,628    
% of Total Cash and Investments [1],[2] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.00%    
Total Coupon [1],[2] 11.43%    
Maturity [1],[2] Sep. 08, 2027    
Principal/Shares [1],[2] $ 420,392    
Cost [1],[2] 414,749    
Fair Value [1],[2] $ 416,567    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.60%  
Maturity [3],[7]   Sep. 08, 2027  
Principal/Shares [3],[7]   $ 2,916,353  
Cost [3],[7]   2,887,546  
Fair Value [3],[7]   $ 2,842,277  
% of Total Cash and Investments [3],[7]   0.17%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.00%    
Total Coupon [1],[2] 11.33%    
Maturity [1],[2] Sep. 08, 2027    
Principal/Shares [1],[2] $ 355,556    
Cost [1],[2] 352,148    
Fair Value [1],[2] $ 350,500    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   7.25%  
Total Coupon [3],[7]   12.60%  
Maturity [3],[7]   Sep. 08, 2027  
Principal/Shares [3],[7]   $ 83,334  
Cost [3],[7]   80,684  
Fair Value [3],[7]   $ 76,278  
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 1.50%    
Spread [1],[2],[24] 7.75%    
Total Coupon [1],[2],[24] 12.11%    
Maturity [1],[2],[24] May 22, 2029    
Principal/Shares [1],[2],[24] $ 26,250,000    
Cost [1],[2],[24] 25,987,500    
Fair Value [1],[2],[24] $ 25,935,000    
% of Total Cash and Investments [1],[2],[24] 1.37%    
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.66%    
Maturity [1],[2] Jun. 12, 2030    
Principal/Shares [1],[2] $ 1,755,882    
Cost [1],[2] 1,711,985    
Fair Value [1],[2] $ 1,773,441    
% of Total Cash and Investments [1],[2] 0.09%    
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 6.00%    
Total Coupon [1],[2] 10.36%    
Maturity [1],[2] Jun. 12, 2030    
Principal/Shares [1],[2] $ 294,118    
Cost [1],[2] 275,735    
Fair Value [1],[2] $ 294,118    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread [1],[2] 7.50%    
Total Coupon [1],[2] 12.01%    
Maturity [1],[2] Mar. 30, 2029    
Principal/Shares [1],[2] $ 7,217,706    
Cost [1],[2] 6,987,763    
Fair Value [1],[2] $ 7,246,577    
% of Total Cash and Investments [1],[2] 0.38%    
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   12.89%  
Maturity [3],[7]   Mar. 30, 2029  
Principal/Shares [3],[7]   $ 909,091  
Cost [3],[7]   888,144  
Fair Value [3],[7]   $ 910,909  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread [1],[2],[6] 7.50%    
Total Coupon [1],[2],[6] 12.01%    
Maturity [1],[2],[6] Mar. 30, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (4,133)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   7.50%  
Total Coupon [3],[7],[17]   12.89%  
Maturity [3],[7],[17]   Mar. 30, 2029  
Cost [3],[7],[17]   $ (1,995)  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread PIK [1],[2],[6] 0.38%    
Spread Cash [1],[2],[6] 5.75%    
Total Coupon [1],[2],[6] 10.45%    
Maturity [1],[2],[6] Aug. 27, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (25,853)    
Fair Value [1],[2],[6] $ (51,086)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread PIK [1],[2],[6] 0.38%    
Spread Cash [1],[2],[6] 5.75%    
Total Coupon [1],[2],[6] 10.45%    
Maturity [1],[2],[6] Aug. 27, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (23,503)    
Fair Value [1],[2],[6] $ (46,441)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 0.38%    
Spread Cash [1],[2] 5.75%    
Total Coupon [1],[2] 10.45%    
Maturity [1],[2] Aug. 27, 2030    
Principal/Shares [1],[2] $ 294,566    
Cost [1],[2] 294,566    
Fair Value [1],[2] $ 268,187    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 0.38%    
Spread Cash [1],[2] 5.75%    
Total Coupon [1],[2] 10.45%    
Maturity [1],[2] Aug. 27, 2030    
Principal/Shares [1],[2] $ 15,259,318    
Cost [1],[2] 15,037,497    
Fair Value [1],[2] $ 15,045,688    
% of Total Cash and Investments [1],[2] 0.80%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread PIK [1],[2],[6] 0.38%    
Spread Cash [1],[2],[6] 5.75%    
Total Coupon [1],[2],[6] 10.45%    
Maturity [1],[2],[6] Aug. 27, 2030    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (18,796)    
Fair Value [1],[2],[6] $ (18,577)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread [1],[2],[13] 7.76%    
Total Coupon [1],[2],[13] 12.28%    
Maturity [1],[2],[13] Jan. 06, 2026    
Principal/Shares [1],[2],[13] $ 3,719,435    
Cost [1],[2],[13] 3,682,746    
Fair Value [1],[2],[13] $ 3,748,633    
% of Total Cash and Investments [1],[2],[13] 0.20%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.76%  
Total Coupon [3],[7],[15]   13.15%  
Maturity [3],[7],[15]   Jan. 06, 2026  
Principal/Shares [3],[7],[15]   $ 2,758,041  
Cost [3],[7],[15]   2,739,098  
Fair Value [3],[7],[15]   $ 2,738,734  
% of Total Cash and Investments [3],[7],[15]   0.16%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread [1],[2],[13] 7.76%    
Total Coupon [1],[2],[13] 12.35%    
Maturity [1],[2],[13] Jan. 06, 2026    
Principal/Shares [1],[2],[13] $ 7,326,537    
Cost [1],[2],[13] 7,257,544    
Fair Value [1],[2],[13] $ 7,384,050    
% of Total Cash and Investments [1],[2],[13] 0.39%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.76%  
Total Coupon [3],[7],[15]   13.18%  
Maturity [3],[7],[15]   Jan. 06, 2026  
Principal/Shares [3],[7],[15]   $ 5,432,783  
Cost [3],[7],[15]   5,401,609  
Fair Value [3],[7],[15]   $ 5,394,754  
% of Total Cash and Investments [3],[7],[15]   0.32%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.25%    
Spread Cash [1],[2] 3.00%    
Total Coupon [1],[2] 11.08%    
Maturity [1],[2] May 22, 2029    
Principal/Shares [1],[2] $ 5,670,157    
Cost [1],[2] 5,428,312    
Fair Value [1],[2] $ 5,585,104    
% of Total Cash and Investments [1],[2] 0.30%    
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.75%  
Spread Cash [3],[7]   3.50%  
Total Coupon [3],[7]   12.62%  
Maturity [3],[7]   May 22, 2029  
Principal/Shares [3],[7]   $ 910,052  
Cost [3],[7]   892,951  
Fair Value [3],[7]   $ 890,941  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread PIK [1],[2],[6] 3.25%    
Spread Cash [1],[2],[6] 3.00%    
Total Coupon [1],[2],[6] 11.08%    
Maturity [1],[2],[6] May 22, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (10,389)    
Fair Value [1],[2],[6] $ (9,643)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread PIK [3],[7],[17]   3.75%  
Spread Cash [3],[7],[17]   3.50%  
Total Coupon [3],[7],[17]   12.62%  
Maturity [3],[7],[17]   May 22, 2029  
Cost [3],[7],[17]   $ (1,938)  
Fair Value [3],[7],[17]   $ (2,250)  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   4.30%  
Spread Cash [3],[7]   2.58%  
Total Coupon [3],[7]   12.22%  
Maturity [3],[7]   Jul. 09, 2029  
Principal/Shares [3],[7]   $ 270,653  
Cost [3],[7]   266,496  
Fair Value [3],[7]   $ 270,464  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   4.30%  
Spread Cash [3],[7]   2.58%  
Total Coupon [3],[7]   12.22%  
Maturity [3],[7]   Jul. 09, 2029  
Principal/Shares [3],[7]   $ 209,142  
Cost [3],[7]   205,823  
Fair Value [3],[7]   $ 208,996  
% of Total Cash and Investments [3],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 4.30%    
Spread Cash [1],[2] 2.58%    
Total Coupon [1],[2] 11.21%    
Maturity [1],[2] Jul. 09, 2029    
Principal/Shares [1],[2] $ 1,871,167    
Cost [1],[2] 1,778,246    
Fair Value [1],[2] $ 1,822,217    
% of Total Cash and Investments [1],[2] 0.10%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread PIK [1],[2] 4.55%    
Spread Cash [1],[2] 2.67%    
Total Coupon [1],[2] 11.68%    
Maturity [1],[2] Jul. 09, 2029    
Principal/Shares [1],[2] $ 429,487    
Cost [1],[2] 386,974    
Fair Value [1],[2] $ 404,859    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 4.30%    
Spread Cash [1],[2] 2.58%    
Total Coupon [1],[2] 11.21%    
Maturity [1],[2] Jul. 09, 2029    
Principal/Shares [1],[2] $ 2,419,263    
Cost [1],[2] 2,293,674    
Fair Value [1],[2] $ 2,355,975    
% of Total Cash and Investments [1],[2] 0.12%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread PIK [1],[2],[6] 4.30%    
Spread Cash [1],[2],[6] 2.58%    
Total Coupon [1],[2],[6] 11.21%    
Maturity [1],[2],[6] Jul. 09, 2029    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (10,580)    
Fair Value [1],[2],[6] $ (10,331)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolver Ref PRIME(Q) Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   5.25%  
Total Coupon [3],[7]   13.75%  
Maturity [3],[7]   Jul. 09, 2029  
Principal/Shares [3],[7]   $ 4,616  
Cost [3],[7]   3,880  
Fair Value [3],[7]   $ 4,583  
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread PIK [1],[2],[13] 3.38%    
Spread Cash [1],[2],[13] 2.88%    
Total Coupon [1],[2],[13] 10.61%    
Maturity [1],[2],[13] Sep. 26, 2030    
Principal/Shares [1],[2],[13] $ 17,799,702    
Cost [1],[2],[13] 17,538,706    
Fair Value [1],[2],[13] $ 17,568,306    
% of Total Cash and Investments [1],[2],[13] 0.93%    
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6],[13] 1.00%    
Spread PIK [1],[2],[6],[13] 3.38%    
Spread Cash [1],[2],[6],[13] 2.88%    
Total Coupon [1],[2],[6],[13] 10.61%    
Maturity [1],[2],[6],[13] Sep. 26, 2030    
Principal/Shares [1],[2],[6],[13] $ 0    
Cost [1],[2],[6],[13] (33,803)    
Fair Value [1],[2],[6],[13] $ (30,588)    
% of Total Cash and Investments [1],[2],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.00%  
Spread Cash [3],[7]   3.25%  
Total Coupon [3],[7]   11.43%  
Maturity [3],[7]   Dec. 17, 2027  
Principal/Shares [3],[7]   $ 4,211,805  
Cost [3],[7]   4,154,469  
Fair Value [3],[7]   $ 4,075,764  
% of Total Cash and Investments [3],[7]   0.24%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.15%  
Total Coupon [3],[7],[17]   11.52%  
Maturity [3],[7],[17]   Dec. 17, 2027  
Principal/Shares [3],[7],[17]   $ 323,333  
Cost [3],[7],[17]   318,904  
Fair Value [3],[7],[17]   $ 312,567  
% of Total Cash and Investments [3],[7],[17]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 2.25%    
Spread Cash [1],[2] 4.65%    
Total Coupon [1],[2] 11.56%    
Maturity [1],[2] Dec. 17, 2027    
Principal/Shares [1],[2] $ 298,779    
Cost [1],[2] 282,915    
Fair Value [1],[2] $ 289,135    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 2.25%    
Spread Cash [1],[2] 4.65%    
Total Coupon [1],[2] 11.23%    
Maturity [1],[2] Dec. 17, 2027    
Principal/Shares [1],[2] $ 5,976,918    
Cost [1],[2] 5,837,139    
Fair Value [1],[2] $ 5,783,983    
% of Total Cash and Investments [1],[2] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 2.25%    
Spread Cash [1],[2] 4.65%    
Total Coupon [1],[2] 11.23%    
Maturity [1],[2] Dec. 17, 2027    
Principal/Shares [1],[2] $ 460,549    
Cost [1],[2] 454,049    
Fair Value [1],[2] $ 445,230    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 7.50%    
Total Coupon [1],[2] 12.02%    
Maturity [1],[2] Aug. 05, 2028    
Principal/Shares [1],[2] $ 8,017,052    
Cost [1],[2] 7,692,397    
Fair Value [1],[2] $ 7,890,543    
% of Total Cash and Investments [1],[2] 0.42%    
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread [3],[7]   8.00%  
Total Coupon [3],[7]   13.43%  
Maturity [3],[7]   Aug. 07, 2028  
Principal/Shares [3],[7]   $ 1,000,000  
Cost [3],[7]   979,213  
Fair Value [3],[7]   $ 985,100  
% of Total Cash and Investments [3],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   2.50%  
Spread Cash [3],[7]   3.50%  
Total Coupon [3],[7]   11.38%  
Maturity [3],[7]   Jun. 25, 2029  
Principal/Shares [3],[7]   $ 6,153  
Cost [3],[7]   4,970  
Fair Value [3],[7]   $ 5,652  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 10.09%    
Maturity [1],[2] Jun. 25, 2029    
Principal/Shares [1],[2] $ 108,233    
Cost [1],[2] 106,774    
Fair Value [1],[2] $ 108,233    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 10.09%    
Maturity [1],[2] Jun. 25, 2029    
Principal/Shares [1],[2] $ 34,368    
Cost [1],[2] 33,278    
Fair Value [1],[2] $ 34,368    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   2.50%  
Spread Cash [3],[7]   3.50%  
Total Coupon [3],[7]   11.38%  
Maturity [3],[7]   Jun. 25, 2029  
Principal/Shares [3],[7]   $ 1,649,934  
Cost [3],[7]   1,629,453  
Fair Value [3],[7]   $ 1,641,684  
% of Total Cash and Investments [3],[7]   0.10%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 10.09%    
Maturity [1],[2] Jun. 25, 2029    
Principal/Shares [1],[2] $ 9,228,521    
Cost [1],[2] 8,974,649    
Fair Value [1],[2] $ 9,228,521    
% of Total Cash and Investments [1],[2] 0.49%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   2.50%  
Spread Cash [3],[7]   3.50%  
Total Coupon [3],[7]   11.38%  
Maturity [3],[7]   Jun. 25, 2029  
Principal/Shares [3],[7]   $ 25,269  
Cost [3],[7]   24,067  
Fair Value [3],[7]   $ 24,767  
% of Total Cash and Investments [3],[7]   0.00%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 9.83%    
Maturity [1],[2] Jun. 25, 2029    
Principal/Shares [1],[2] $ 140,252    
Cost [1],[2] 136,634    
Fair Value [1],[2] $ 140,251    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread PIK [1],[2] 3.25%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 13.42%    
Maturity [1],[2] Nov. 01, 2027    
Principal/Shares [1],[2] $ 10,039,397    
Cost [1],[2] 9,841,626    
Fair Value [1],[2] $ 10,034,578    
% of Total Cash and Investments [1],[2] 0.53%    
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread PIK [3],[7]   3.25%  
Spread Cash [3],[7]   5.50%  
Total Coupon [3],[7]   14.21%  
Maturity [3],[7]   Nov. 01, 2027  
Principal/Shares [3],[7]   $ 6,398,042  
Cost [3],[7]   6,288,112  
Fair Value [3],[7]   $ 6,392,284  
% of Total Cash and Investments [3],[7]   0.39%  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread [1],[2] 5.50%    
Total Coupon [1],[2] 9.99%    
Maturity [1],[2] Nov. 19, 2031    
Principal/Shares [1],[2] $ 405,983    
Cost [1],[2] 400,951    
Fair Value [1],[2] $ 400,985    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread [1],[2],[6] 5.50%    
Total Coupon [1],[2],[6] 9.99%    
Maturity [1],[2],[6] Nov. 19, 2031    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (624)    
Fair Value [1],[2],[6] $ (625)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 7.50%    
Total Coupon [1],[2] 12.50%    
Maturity [1],[2] Sep. 15, 2025    
Principal/Shares [1],[2] $ 7,318,167    
Cost [1],[2] 7,245,434    
Fair Value [1],[2] $ 7,220,542    
% of Total Cash and Investments [1],[2] 0.38%    
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.50%  
Total Coupon [3],[7]   13.40%  
Maturity [3],[7]   Sep. 15, 2025  
Principal/Shares [3],[7]   $ 5,438,594  
Cost [3],[7]   5,402,895  
Fair Value [3],[7]   $ 5,315,138  
% of Total Cash and Investments [3],[7]   0.32%  
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.10%  
Total Coupon [3],[7],[17]   11.48%  
Maturity [3],[7],[17]   Sep. 24, 2026  
Cost [3],[7],[17]   $ (3,460)  
Fair Value [3],[7],[17]   $ (2,318)  
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.10%  
Total Coupon [3],[7]   11.48%  
Maturity [3],[7]   Sep. 24, 2026  
Principal/Shares [3],[7]   $ 4,679,002  
Cost [3],[7]   4,623,559  
Fair Value [3],[7]   $ 4,628,001  
% of Total Cash and Investments [3],[7]   0.28%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread PIK [1],[2],[13] 3.50%    
Spread Cash [1],[2],[13] 3.00%    
Total Coupon [1],[2],[13] 11.02%    
Maturity [1],[2],[13] May 09, 2028    
Principal/Shares [1],[2],[13] $ 24,969,887    
Cost [1],[2],[13] 24,547,067    
Fair Value [1],[2],[13] $ 24,897,224    
% of Total Cash and Investments [1],[2],[13] 1.32%    
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread PIK [3],[7],[15]   3.50%  
Spread Cash [3],[7],[15]   3.00%  
Total Coupon [3],[7],[15]   11.87%  
Maturity [3],[7],[15]   May 09, 2028  
Principal/Shares [3],[7],[15]   $ 16,706,836  
Cost [3],[7],[15]   16,454,610  
Fair Value [3],[7],[15]   $ 16,636,667  
% of Total Cash and Investments [3],[7],[15]   1.01%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 0.065 Total Coupon 11.87% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15],[17]   1.00%  
Spread [3],[7],[15],[17]   0.065%  
Total Coupon [3],[7],[15],[17]   11.87%  
Maturity [3],[7],[15],[17]   May 09, 2028  
Cost [3],[7],[15],[17]   $ (23,540)  
Fair Value [3],[7],[15],[17]   $ (6,727)  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread Cash [1],[2],[13] 6.00%    
Total Coupon [1],[2],[13] 10.52%    
Maturity [1],[2],[13] May 09, 2028    
Principal/Shares [1],[2],[13] $ 730,053    
Cost [1],[2],[13] 709,380    
Fair Value [1],[2],[13] $ 723,680    
% of Total Cash and Investments [1],[2],[13] 0.04%    
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.15%  
Total Coupon [3],[7],[15]   12.50%  
Maturity [3],[7],[15]   Mar. 31, 2027  
Principal/Shares [3],[7],[15]   $ 10,872,518  
Cost [3],[7],[15]   10,744,790  
Fair Value [3],[7],[15]   $ 10,687,685  
% of Total Cash and Investments [3],[7],[15]   0.65%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread Cash [1],[2],[13] 5.50%    
Total Coupon [1],[2],[13] 9.93%    
Maturity [1],[2],[13] Mar. 31, 2027    
Principal/Shares [1],[2],[13] $ 16,273,539    
Cost [1],[2],[13] 16,016,631    
Fair Value [1],[2],[13] $ 16,224,718    
% of Total Cash and Investments [1],[2],[13] 0.86%    
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   7.15%  
Total Coupon [3],[7],[15]   12.51%  
Maturity [3],[7],[15]   Mar. 31, 2027  
Principal/Shares [3],[7],[15]   $ 1,163,276  
Cost [3],[7],[15]   1,150,316  
Fair Value [3],[7],[15]   $ 1,143,500  
% of Total Cash and Investments [3],[7],[15]   0.07%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6],[13] 1.00%    
Spread Cash [1],[2],[6],[13] 5.50%    
Total Coupon [1],[2],[6],[13] 9.93%    
Maturity [1],[2],[6],[13] Mar. 31, 2027    
Principal/Shares [1],[2],[6],[13] $ 0    
Cost [1],[2],[6],[13] 0    
Fair Value [1],[2],[6],[13] $ (5,724)    
% of Total Cash and Investments [1],[2],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.13%  
Total Coupon [3],[7]   11.47%  
Maturity [3],[7]   Aug. 31, 2027  
Principal/Shares [3],[7]   $ 10,073,776  
Cost [3],[7]   9,928,598  
Fair Value [3],[7]   $ 9,993,186  
% of Total Cash and Investments [3],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.13%  
Total Coupon [3],[7],[17]   11.47%  
Maturity [3],[7],[17]   Aug. 31, 2026  
Cost [3],[7],[17]   $ (14,030)  
Fair Value [3],[7],[17]   $ (10,048)  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 1.00%    
Spread Cash [1],[2],[6] 5.25%    
Total Coupon [1],[2],[6] 9.58%    
Maturity [1],[2],[6] Jun. 30, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (25,808)    
Fair Value [1],[2],[6] $ (93,157)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 5.25%    
Total Coupon [1],[2] 9.58%    
Maturity [1],[2] Jun. 30, 2028    
Principal/Shares [1],[2] $ 2,272,120    
Cost [1],[2] 2,250,270    
Fair Value [1],[2] $ 2,232,994    
% of Total Cash and Investments [1],[2] 0.12%    
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 9.86%    
Maturity [1],[2] Jul. 25, 2029    
Principal/Shares [1],[2] $ 2,741,310    
Cost [1],[2] 2,611,479    
Fair Value [1],[2] $ 2,672,010    
% of Total Cash and Investments [1],[2] 0.14%    
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.50%  
Total Coupon [3],[7]   11.86%  
Maturity [3],[7]   Jul. 25, 2029  
Principal/Shares [3],[7]   $ 791,143  
Cost [3],[7]   768,243  
Fair Value [3],[7]   $ 768,358  
% of Total Cash and Investments [3],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 9.86%    
Maturity [1],[2] Jul. 25, 2029    
Principal/Shares [1],[2] $ 60,857    
Cost [1],[2] 54,533    
Fair Value [1],[2] $ 55,473    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.50%  
Total Coupon [3],[7]   11.86%  
Maturity [3],[7]   Jul. 25, 2029  
Principal/Shares [3],[7]   $ 17,388  
Cost [3],[7]   15,674  
Fair Value [3],[7]   $ 15,635  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread PIK [3],[7],[17]   3.25%  
Spread Cash [3],[7],[17]   3.00%  
Total Coupon [3],[7],[17]   11.61%  
Maturity [3],[7],[17]   Nov. 22, 2028  
Cost [3],[7],[17]   $ (1,560)  
Fair Value [3],[7],[17]   $ 478  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.00%    
Total Coupon [1],[2] 9.33%    
Maturity [1],[2] Nov. 22, 2028    
Principal/Shares [1],[2] $ 0    
Cost [1],[2] 10,220    
Fair Value [1],[2] $ 13,931    
% of Total Cash and Investments [1],[2] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   3.25%  
Spread Cash [3],[7]   3.00%  
Total Coupon [3],[7]   11.61%  
Maturity [3],[7]   Nov. 22, 2028  
Principal/Shares [3],[7]   $ 391,962  
Cost [3],[7]   385,520  
Fair Value [3],[7]   $ 393,922  
% of Total Cash and Investments [3],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.75%    
Spread Cash [1],[2] 5.00%    
Total Coupon [1],[2] 9.33%    
Maturity [1],[2] Nov. 22, 2028    
Principal/Shares [1],[2] $ 5,703,590    
Cost [1],[2] 5,564,578    
Fair Value [1],[2] $ 5,760,626    
% of Total Cash and Investments [1],[2] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread PIK [3],[7],[17]   3.25%  
Spread Cash [3],[7],[17]   3.00%  
Total Coupon [3],[7],[17]   11.61%  
Maturity [3],[7],[17]   Nov. 22, 2028  
Cost [3],[7],[17]   $ (644)  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread Cash [1],[2],[6] 5.00%    
Total Coupon [1],[2],[6] 9.33%    
Maturity [1],[2],[6] Nov. 22, 2028    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (572)    
Fair Value [1],[2],[6] $ 0    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[24] 0.75%    
Spread PIK [1],[2],[24] 5.00%    
Spread Cash [1],[2],[24] 2.00%    
Total Coupon [1],[2],[24] 11.36%    
Maturity [1],[2],[24] Dec. 21, 2027    
Principal/Shares [1],[2],[24] $ 4,043,766    
Cost [1],[2],[24] 3,895,391    
Fair Value [1],[2],[24] $ 3,865,840    
% of Total Cash and Investments [1],[2],[24] 0.20%    
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   0.75%  
Spread PIK [3],[7]   4.50%  
Spread Cash [3],[7]   2.10%  
Total Coupon [3],[7]   11.96%  
Maturity [3],[7]   Dec. 21, 2027  
Principal/Shares [3],[7]   $ 1,921,454  
Cost [3],[7]   1,895,963  
Fair Value [3],[7]   $ 1,827,303  
% of Total Cash and Investments [3],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2],[6] 0.75%    
Spread PIK [1],[2],[6] 5.00%    
Spread Cash [1],[2],[6] 2.00%    
Total Coupon [1],[2],[6] 11.36%    
Maturity [1],[2],[6] Dec. 21, 2027    
Principal/Shares [1],[2],[6] $ 0    
Cost [1],[2],[6] (3,273)    
Fair Value [1],[2],[6] $ (13,037)    
% of Total Cash and Investments [1],[2],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   0.75%  
Spread PIK [3],[7],[17]   4.50%  
Spread Cash [3],[7],[17]   2.10%  
Total Coupon [3],[7],[17]   11.96%  
Maturity [3],[7],[17]   Dec. 21, 2027  
Cost [3],[7],[17]   $ (1,967)  
Fair Value [3],[7],[17]   (7,259)  
Investment, Identifier [Axis]: Debt Investments Specialty Retail      
Schedule Of Investments [Line Items]      
Cost $ 34,424,636 [1] 24,592,579 [3]  
Fair Value $ 35,223,830 [1] $ 24,497,619 [3]  
% of Total Cash and Investments 1.86% [1] 1.47% [3]  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028      
Schedule Of Investments [Line Items]      
Floor [1],[2],[9] 2.00%    
Spread Cash [1],[2],[9] 6.75%    
Total Coupon [1],[2],[9] 11.08%    
Maturity [1],[2],[9] Aug. 15, 2028    
Principal/Shares [1],[2],[9] $ 24,782,510    
Cost [1],[2],[9] 24,132,689    
Fair Value [1],[2],[9] $ 24,782,510    
% of Total Cash and Investments [1],[2],[9] 1.31%    
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029      
Schedule Of Investments [Line Items]      
Floor [3],[8]   2.00%  
Spread [3],[8]   6.75%  
Total Coupon [3],[8]   12.10%  
Maturity [3],[8]   Aug. 15, 2029  
Principal/Shares [3],[8]   $ 20,773,018  
Cost [3],[8]   20,186,136  
Fair Value [3],[8]   $ 20,170,600  
% of Total Cash and Investments [3],[8]   1.21%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 6.35%    
Total Coupon [1],[2] 10.71%    
Maturity [1],[2] Jul. 02, 2026    
Principal/Shares [1],[2] $ 10,568,138    
Cost [1],[2] 10,291,947    
Fair Value [1],[2] $ 10,441,320    
% of Total Cash and Investments [1],[2] 0.55%    
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   7.60%  
Total Coupon [3],[7]   12.96%  
Maturity [3],[7]   Jul. 02, 2026  
Principal/Shares [3],[7]   $ 4,456,250  
Cost [3],[7]   4,406,443  
Fair Value [3],[7]   $ 4,327,019  
% of Total Cash and Investments [3],[7]   0.26%  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 1.00%    
Spread Cash [1],[2],[13] 6.50%    
Total Coupon [1],[2],[13] 11.01%    
Maturity [1],[2],[13] Apr. 25, 2031    
Principal/Shares [1],[2],[13] $ 34,673,627    
Cost [1],[2],[13] 34,341,438    
Fair Value [1],[2],[13] $ 35,150,390    
% of Total Cash and Investments [1],[2],[13] 1.86%    
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7],[15]   1.00%  
Spread [3],[7],[15]   6.75%  
Total Coupon [3],[7],[15]   12.27%  
Maturity [3],[7],[15]   Feb. 17, 2026  
Principal/Shares [3],[7],[15]   $ 31,114,286  
Cost [3],[7],[15]   30,738,884  
Fair Value [3],[7],[15]   $ 31,612,114  
% of Total Cash and Investments [3],[7],[15]   1.90%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods      
Schedule Of Investments [Line Items]      
Cost $ 49,690,668 [1] $ 39,698,260 [3]  
Fair Value $ 49,317,544 [1] $ 38,251,306 [3]  
% of Total Cash and Investments 2.62% [1] 2.29% [3]  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.25%  
Total Coupon [3],[7]   11.61%  
Maturity [3],[7]   Sep. 08, 2027  
Principal/Shares [3],[7]   $ 15,555,556  
Cost [3],[7]   15,393,224  
Fair Value [3],[7]   $ 15,555,556  
% of Total Cash and Investments [3],[7]   0.93%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 6.35%    
Total Coupon [1],[2] 10.50%    
Maturity [1],[2] Sep. 08, 2027    
Principal/Shares [1],[2] $ 25,417,903    
Cost [1],[2] 25,010,731    
Fair Value [1],[2] $ 25,417,903    
% of Total Cash and Investments [1],[2] 1.35%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 6.25%    
Total Coupon [1],[2] 10.34%    
Maturity [1],[2] Sep. 08, 2027    
Principal/Shares [1],[2] $ 410,030    
Cost [1],[2] 426,214    
Fair Value [1],[2] $ 410,030    
% of Total Cash and Investments [1],[2] 0.02%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
Floor [3],[7],[17]   1.00%  
Spread [3],[7],[17]   6.25%  
Total Coupon [3],[7],[17]   11.61%  
Maturity [3],[7],[17]   Sep. 08, 2027  
Cost [3],[7],[17]   $ (17,961)  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026      
Schedule Of Investments [Line Items]      
Floor [3],[7]   1.00%  
Spread [3],[7]   6.65%  
Total Coupon [3],[7]   12.04%  
Maturity [3],[7]   Dec. 30, 2026  
Principal/Shares [3],[7]   $ 24,562,500  
Cost [3],[7]   24,322,997  
Fair Value [3],[7]   $ 22,695,750  
% of Total Cash and Investments [3],[7]   1.36%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2] 1.00%    
Spread Cash [1],[2] 6.75%    
Total Coupon [1],[2] 11.49%    
Maturity [1],[2] Dec. 30, 2026    
Principal/Shares [1],[2] $ 24,312,500    
Cost [1],[2] 24,154,229    
Fair Value [1],[2] $ 23,388,625    
% of Total Cash and Investments [1],[2] 1.24%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027      
Schedule Of Investments [Line Items]      
Floor [1],[2] 0.50%    
Spread Cash [1],[2] 5.50%    
Total Coupon [1],[2] 10.15%    
Maturity [1],[2] Feb. 15, 2027    
Principal/Shares [1],[2] $ 99,494    
Cost [1],[2] 99,494    
Fair Value [1],[2] $ 100,986    
% of Total Cash and Investments [1],[2] 0.01%    
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026      
Schedule Of Investments [Line Items]      
Floor [1],[2],[13] 0.00%    
Spread Cash [1],[2],[13] 6.51%    
Total Coupon [1],[2],[13] 10.84%    
Maturity [1],[2],[13] Sep. 17, 2026    
Principal/Shares [1],[2],[13] $ 14,512,500    
Cost [1],[2],[13] 14,259,245    
Fair Value [1],[2],[13] $ 14,417,008    
% of Total Cash and Investments [1],[2],[13] 0.76%    
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026      
Schedule Of Investments [Line Items]      
Floor [3],[17]   0.00%  
Spread [3],[17]   6.51%  
Total Coupon [3],[17]   11.86%  
Maturity [3],[17]   Sep. 17, 2026  
Principal/Shares [3],[17]   $ 9,775,000  
Cost [3],[17]   9,629,432  
Fair Value [3],[17]   $ 9,679,205  
% of Total Cash and Investments [3],[17]   0.58%  
Investment, Identifier [Axis]: Equity Securities      
Schedule Of Investments [Line Items]      
Cost $ 193,832,248 $ 164,714,421 [3]  
Fair Value $ 152,185,337 $ 165,750,754 [3]  
% of Total Cash and Investments 8.06% 9.94% [3]  
Investment, Identifier [Axis]: Equity Securities Automobiles AA Acquisition Aggregator, LLC (AutoAlert) Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[11],[21],[22] 540,248    
Cost [2],[11],[21],[22] $ 9,085,917    
Fair Value [2],[11],[21],[22] $ 9,513,635    
% of Total Cash and Investments [2],[11],[21],[22] 0.50%    
Investment, Identifier [Axis]: Equity Securities Automobiles AutoAlert LLC Common Stock      
Schedule Of Investments [Line Items]      
Shares [3],[7],[10],[20],[23]   540,248  
Cost [3],[7],[10],[20],[23]   $ 9,016,151  
Fair Value [3],[7],[10],[20],[23]   $ 9,985,207  
% of Total Cash and Investments [3],[7],[10],[20],[23]   0.60%  
Investment, Identifier [Axis]: Equity Securities Capital Markets Pico Quantitative Trading Holdings, LLC Warrants to Purchase Membership Units Expiration 2/7/2030      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[20],[23]   Feb. 07, 2030  
Expiration [2],[21],[22] Feb. 07, 2030    
Shares 7,191 [2],[21],[22] 7,030 [3],[7],[20],[23]  
Cost $ 673,788 [2],[21],[22] $ 645,121 [3],[7],[20],[23]  
Fair Value $ 1,182,309 [2],[21],[22] $ 1,438,087 [3],[7],[20],[23]  
% of Total Cash and Investments 0.06% [2],[21],[22] 0.09% [3],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Chemicals      
Schedule Of Investments [Line Items]      
Cost $ 485,322 $ 485,322 [3]  
Fair Value $ 0    
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class A Preferred Stock      
Schedule Of Investments [Line Items]      
Shares 5,982,385 [2],[21],[22] 1,786,785 [3],[7],[20],[23]  
Cost $ 485,322 [2],[21],[22] $ 485,322 [3],[7],[20],[23]  
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class B Preferred Stock      
Schedule Of Investments [Line Items]      
Shares 4,187,669 [2],[21],[22] 1,250,749 [3],[7],[20],[23]  
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class C Common Stock      
Schedule Of Investments [Line Items]      
Shares 3,290,312 [2],[21],[22] 982,732 [3],[7],[20],[23]  
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies      
Schedule Of Investments [Line Items]      
Cost $ 285,933    
Fair Value $ 61,128    
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[22] 171,813    
Cost [2],[22] $ 0    
Fair Value [2],[22] $ 0    
% of Total Cash and Investments [2],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Preferred Stock      
Schedule Of Investments [Line Items]      
Shares [2],[22] 171,813    
Cost [2],[22] $ 285,933    
Fair Value [2],[22] $ 61,128    
% of Total Cash and Investments [2],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Communications Equipment Plate Newco 1Limited (Avanti) (United Kingdom) Common Stock      
Schedule Of Investments [Line Items]      
Shares 364 [2],[13],[21],[22],[25] 364 [3],[7],[15],[20],[23],[26]  
Cost [2],[13],[21],[22],[25] $ 0    
Fair Value [2],[13],[21],[22],[25] $ 0    
% of Total Cash and Investments [2],[13],[21],[22],[25] 0.00%    
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Global LLC Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[18],[21],[22] 738,447    
Cost [2],[18],[21],[22] $ 738,447    
Fair Value [2],[18],[21],[22] $ 298,333    
% of Total Cash and Investments [2],[18],[21],[22] 0.02%    
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Novellus LLC Class A Units      
Schedule Of Investments [Line Items]      
Shares [3],[7],[19],[20],[23]   117,124  
Cost [3],[7],[19],[20],[23]   $ 13,817,817  
Fair Value [3],[7],[19],[20],[23]   $ 2,827,373  
% of Total Cash and Investments [3],[7],[19],[20],[23]   0.17%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services      
Schedule Of Investments [Line Items]      
Cost $ 65,444,567 $ 33,798,728 [3],[7],[20],[23]  
Fair Value $ 35,876,822 $ 52,264,743 [3],[7],[20],[23]  
% of Total Cash and Investments 1.91% 3.13% [3],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[20],[23]   Jul. 25, 2030  
Shares [3],[7],[20],[23]   2,895  
Fair Value [3],[7],[20],[23]   $ 308,983  
% of Total Cash and Investments [3],[7],[20],[23]   0.02%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[20],[23]   Jul. 25, 2030  
Shares [3],[7],[20],[23]   11,532  
Fair Value [3],[7],[20],[23]   $ 1,230,810  
% of Total Cash and Investments [3],[7],[20],[23]   0.07%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services MXP Prime Platform GmbH (SellerX) (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[15],[20],[23]   Jul. 25, 2030  
Expiration [2],[13],[21],[22] Jul. 25, 2030    
Shares 5,430 [2],[13],[21],[22] 3,966 [3],[7],[15],[20],[23]  
Cost [2],[13],[21],[22] $ 66,734    
Fair Value $ 0 [2],[13],[21],[22] $ 293,563 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.00% [2],[13],[21],[22] 0.02% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services PerchHQ, LLC Warrants to Purchase Common Stock Expiration 10/15/2027      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[20],[23]   Oct. 15, 2027  
Shares [3],[7],[20],[23]   295,667  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Preferred Series A1 Shares Expiration 4/28/2028      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[15],[20],[23]   Apr. 28, 2028  
Expiration [2],[13],[21],[22] Apr. 28, 2028    
Shares 698 [2],[13],[21],[22] 516 [3],[7],[15],[20],[23]  
Cost [2],[13],[21],[22] $ 13,654    
Fair Value $ 0 [2],[13],[21],[22] $ 485,055 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.00% [2],[13],[21],[22] 0.03% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 12/23/2029      
Schedule Of Investments [Line Items]      
Expiration [2],[13],[21],[22] Dec. 23, 2029    
Shares [2],[13],[21],[22] 213    
Cost [2],[13],[21],[22] $ 20,680    
Fair Value [2],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 4/28/2028      
Schedule Of Investments [Line Items]      
Maturity [3],[7],[15],[20],[23]   Apr. 28, 2028  
Shares [3],[7],[15],[20],[23]   158  
Fair Value [3],[7],[15],[20],[23]   $ 687,200  
% of Total Cash and Investments [3],[7],[15],[20],[23]   0.04%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Class A Preferred Units Ref Fixed Total Coupon 3.00%      
Schedule Of Investments [Line Items]      
Total Coupon [2],[21],[22] 3.00%    
Shares [2],[21],[22] 26,320,670    
Cost [2],[21],[22] $ 22,711,306    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Common Units      
Schedule Of Investments [Line Items]      
Shares [2],[22] 263,206    
Cost [2],[22] $ 0    
Fair Value [2],[22] $ 0    
% of Total Cash and Investments [2],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
Expiration [2],[13],[21],[22] Jul. 25, 2030    
Shares [2],[13],[21],[22] 3,980    
Cost [2],[13],[21],[22] $ 73,107    
Fair Value [2],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
Expiration [2],[13],[21],[22] Jul. 25, 2030    
Shares [2],[13],[21],[22] 15,793    
Cost [2],[13],[21],[22] $ 287,104    
Fair Value [2],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units      
Schedule Of Investments [Line Items]      
Shares [3],[7],[19],[20]   17,858,122  
Cost [3],[7],[19],[20]   $ 20,377,566  
Fair Value [3],[7],[19],[20]   $ 24,629,566  
% of Total Cash and Investments [3],[7],[19],[20]   1.47%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units Ref Fixed Total Coupon 12.00%      
Schedule Of Investments [Line Items]      
Total Coupon [2],[18],[21] 12.00%    
Shares [2],[18],[21] 17,858,122    
Cost [2],[18],[21] $ 23,363,434    
Fair Value [2],[18],[21] $ 14,458,626    
% of Total Cash and Investments [2],[18],[21] 0.77%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-2 Common Units      
Schedule Of Investments [Line Items]      
Shares 17,858,122 [2],[18],[21],[22] 17,858,122 [3],[7],[19],[20],[23]  
Cost $ 13,421,162 [2],[18],[21],[22] $ 13,421,162 [3],[7],[19],[20],[23]  
Fair Value $ 14,458,626 [2],[18],[21],[22] $ 24,629,566 [3],[7],[19],[20],[23]  
% of Total Cash and Investments 0.77% [2],[18],[21],[22] 1.48% [3],[7],[19],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series C-2 Common Units Ref Fixed Total Coupon 15.00%      
Schedule Of Investments [Line Items]      
Total Coupon [2],[18],[21] 15.00%    
Shares [2],[18],[21] 2,542    
Cost [2],[18],[21] $ 5,487,386    
Fair Value [2],[18],[21] $ 6,959,570    
% of Total Cash and Investments [2],[18],[21] 0.37%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Thras.io, LLC Common Units      
Schedule Of Investments [Line Items]      
Shares [2],[21],[22] 291,605    
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services      
Schedule Of Investments [Line Items]      
Cost $ 46,354,794 $ 48,959,400 [3],[7],[15],[20],[23]  
Fair Value $ 66,090,348 $ 71,087,805 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 3.53% 4.26% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services 36th Street Capital Partners Holdings, LLC Membership Units      
Schedule Of Investments [Line Items]      
Shares 28,277,397 [2],[11],[21] 27,214,897 [3],[7],[10],[20]  
Cost $ 28,277,397 [2],[11],[21] $ 27,214,897 [3],[7],[10],[20]  
Fair Value $ 51,054,000 [2],[11],[21] $ 50,541,000 [3],[7],[10],[20]  
% of Total Cash and Investments 2.73% [2],[11],[21] 3.03% [3],[7],[10],[20]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Conventional Lending TCP Holdings, LLC Membership Units      
Schedule Of Investments [Line Items]      
Shares 17,800,591 [2],[11],[21] 17,800,591 [3],[7],[10],[20],[27]  
Cost $ 17,675,790 [2],[11],[21] $ 17,675,790 [3],[7],[10],[20],[27]  
Fair Value $ 14,543,083 [2],[11],[21] $ 16,376,544 [3],[7],[10],[20],[27]  
% of Total Cash and Investments 0.77% [2],[11],[21] 0.98% [3],[7],[10],[20],[27]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP I, LP (Great American Capital) Membership Units      
Schedule Of Investments [Line Items]      
Shares [3],[7],[20],[27]   351,847  
Cost [3],[7],[20],[27]   $ 351,847  
Fair Value [3],[7],[20],[27]   $ 107,310  
% of Total Cash and Investments [3],[7],[20],[27]   0.01%  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP II, LP (Great American Capital) Membership Units      
Schedule Of Investments [Line Items]      
Shares [3],[7],[20],[27]   3,716,866  
Cost [3],[7],[20],[27]   $ 3,716,866  
Fair Value [3],[7],[20],[27]   $ 3,914,270  
% of Total Cash and Investments [3],[7],[20],[27]   0.23%  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[11],[22] 10,612    
Cost [2],[11],[22] $ 0    
Fair Value [2],[11],[22] $ 0    
% of Total Cash and Investments [2],[11],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%      
Schedule Of Investments [Line Items]      
Floor [2],[11],[22] 13.50%    
Shares [2],[11],[22] 34,285    
Cost [2],[11],[22] $ 0    
Fair Value [2],[11],[22] $ 0    
% of Total Cash and Investments [2],[11],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Series X Shares      
Schedule Of Investments [Line Items]      
Shares [2],[13],[21],[22] 3,721    
Cost [2],[13],[21],[22] $ 373,524    
Fair Value [2],[13],[21],[22] $ 395,762    
% of Total Cash and Investments [2],[13],[21],[22] 0.02%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series D Stock Expiration 2/11/2031      
Schedule Of Investments [Line Items]      
Expiration Feb. 11, 2031 [2],[13],[21],[22] Feb. 11, 2031 [3],[7],[15],[20],[23]  
Shares 42,482 [2],[13],[21],[22] 34,820 [3],[7],[15],[20],[23]  
Cost [2],[13],[21],[22] $ 28,022    
Fair Value $ 97,445 [2],[13],[21],[22] $ 148,681 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.01% [2],[13],[21],[22] 0.01% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series E Stock Expiration 8/17/2031      
Schedule Of Investments [Line Items]      
Expiration [2],[13],[21],[22] Aug. 17, 2031    
Shares [2],[13],[21],[22] 508    
Cost [2],[13],[21],[22] $ 61    
Fair Value [2],[13],[21],[22] $ 58    
% of Total Cash and Investments [2],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities      
Schedule Of Investments [Line Items]      
Cost $ 11,098,416 $ 11,098,416 [3],[7],[20],[23]  
Fair Value $ 56,779 $ 36,000 [3],[7],[20],[23]  
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Class B Shares      
Schedule Of Investments [Line Items]      
Shares 1,000,000 [2],[11],[13],[21],[22] 1,000,000 [3],[7],[10],[15],[20],[23]  
Cost $ 1,000,000 [2],[11],[13],[21],[22] $ 1,000,000 [3],[7],[10],[15],[20],[23]  
Fair Value [2],[11],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Ordinary Shares      
Schedule Of Investments [Line Items]      
Shares 5,318,860 [2],[11],[13],[21],[22] 5,318,860 [3],[7],[10],[15],[20],[23]  
Cost $ 7,833,333 [2],[11],[13],[21],[22] $ 7,833,333 [3],[7],[10],[15],[20],[23]  
Fair Value [2],[11],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Ordinary Shares      
Schedule Of Investments [Line Items]      
Shares 2,332,594 [2],[11],[13],[21],[22] 2,332,594 [3],[7],[10],[15],[20],[23]  
Cost [2],[11],[13],[21],[22] $ 0    
Fair Value [2],[11],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Series B Preferred Shares      
Schedule Of Investments [Line Items]      
Shares 93,023 [2],[11],[13],[21],[22] 93,023 [3],[7],[10],[15],[20],[23]  
Cost $ 1,395,349 [2],[11],[13],[21],[22] $ 1,395,349 [3],[7],[10],[15],[20],[23]  
Fair Value [2],[11],[13],[21],[22] $ 0    
% of Total Cash and Investments [2],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Common Stock      
Schedule Of Investments [Line Items]      
Shares 29,593 [2],[21],[22] 29,094 [3],[7],[20],[23]  
Cost $ 216,336 [2],[21],[22] $ 216,336 [3],[7],[20],[23]  
Fair Value [2],[21],[22] $ 211    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-1 Preferred Stock      
Schedule Of Investments [Line Items]      
Shares 500,000 [2],[21],[22] 500,000 [3],[7],[20],[23]  
Cost $ 500,000 [2],[21],[22] $ 500,000 [3],[7],[20],[23]  
Fair Value $ 6,425 [2],[21],[22] $ 2,000 [3],[7],[20],[23]  
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-2 Preferred Stock      
Schedule Of Investments [Line Items]      
Shares 257,369 [2],[21],[22] 257,369 [3],[7],[20],[23]  
Cost $ 153,398 [2],[21],[22] $ 153,398 [3],[7],[20],[23]  
Fair Value $ 50,143 [2],[21],[22] $ 34,000 [3],[7],[20],[23]  
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Energy Equipment and Services GlassPoint, Inc. Warrants to Purchase Common Stock Expiration 9/12/2029      
Schedule Of Investments [Line Items]      
Expiration Sep. 12, 2029 [2],[21],[22] Sep. 12, 2029 [3],[7],[20],[23]  
Shares 2,088,152 [2],[21],[22] 16 [3],[7],[20],[23]  
Cost $ 275,200 [2],[21],[22] $ 275,200 [3],[7],[20],[23]  
Fair Value $ 1,610,592 [2],[21],[22] $ 2,055,657 [3],[7],[20],[23]  
% of Total Cash and Investments 0.09% [2],[21],[22] 0.12% [3],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Healthcare Providers and Services INH Buyer, Inc. (IMA Health) Preferred Stock      
Schedule Of Investments [Line Items]      
Shares [2],[21],[22] 3,977,966    
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Hotels, Restaurants and Leisure Fishbowl, Inc. Common Membership Units      
Schedule Of Investments [Line Items]      
Shares [3],[7],[10],[20]   604,479  
Cost [3],[7],[10],[20]   $ 787,032  
Fair Value [3],[7],[10],[20]   $ 135,403  
% of Total Cash and Investments [3],[7],[10],[20]   0.01%  
Investment, Identifier [Axis]: Equity Securities Household Durables Stitch Holdings, L.P. Limited Partnership/Limited Liability Company Interests      
Schedule Of Investments [Line Items]      
Shares [2],[21],[22] 5,910    
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities IT Services Fidelis (SVC), LLC Preferred Unit-C      
Schedule Of Investments [Line Items]      
Shares 657,932 [2],[21],[22] 657,932 [3],[7],[20]  
Cost $ 2,001,384 [2],[21],[22] $ 2,001,384 [3],[7],[20]  
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Service Fishbowl, Inc. Common Membership Units      
Schedule Of Investments [Line Items]      
Shares [2],[11],[21],[22] 604,479    
Cost [2],[11],[21],[22] $ 787,032    
Fair Value [2],[11],[21],[22] $ 0    
% of Total Cash and Investments [2],[11],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services      
Schedule Of Investments [Line Items]      
Cost $ 11,996,098 3,213,841 [3]  
Fair Value $ 20,768,046 $ 13,487,892 [3]  
% of Total Cash and Investments 1.10% 0.81% [3]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Common Stock      
Schedule Of Investments [Line Items]      
Shares 49,792 [22] 49,792 [3],[7],[20]  
Cost $ 1,543,054 [22] $ 1,543,054 [3],[7],[20]  
Fair Value $ 352,527 [22] $ 512,360 [3],[7],[20]  
% of Total Cash and Investments 0.02% [22] 0.03% [3],[7],[20]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Class B Common Stock Expiration 2/17/2028      
Schedule Of Investments [Line Items]      
Expiration [2],[22] Feb. 17, 2028    
Shares [2],[22] 482,404    
Cost [2],[22] $ 0    
Fair Value [2],[22] $ 3,772,399    
% of Total Cash and Investments [2],[22] 0.20%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Common Stock Expiration 2/17/2028      
Schedule Of Investments [Line Items]      
Expiration [2],[22] Feb. 17, 2028    
Shares [2],[22] 94,136    
Cost [2],[22] $ 0    
Fair Value [2],[22] $ 995,959    
% of Total Cash and Investments [2],[22] 0.05%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Foursquare Labs, Inc. Warrants to Purchase Series E Preferred Stock Expiration 5/4/2027      
Schedule Of Investments [Line Items]      
Expiration May 04, 2027 [2],[21],[22] May 04, 2027 [3],[7],[20],[23]  
Shares 2,187,500 [2],[21],[22] 2,062,500 [3],[7],[20],[23]  
Cost $ 508,805 [2],[21],[22] $ 508,805 [3],[7],[20],[23]  
Fair Value $ 139,519 [2],[21],[22] $ 713,161 [3],[7],[20],[23]  
% of Total Cash and Investments 0.01% [2],[21],[22] 0.04% [3],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Common Stock Expiration 8/15/2027      
Schedule Of Investments [Line Items]      
Expiration Aug. 15, 2027 [2],[13],[21],[22] Aug. 15, 2027 [3],[7],[15],[20],[23]  
Shares 1,327,869 [2],[13],[21],[22] 1,327,869 [3],[7],[15],[20],[23]  
Cost $ 212,360 [2],[13],[21],[22] $ 212,360 [3],[7],[15],[20],[23]  
Fair Value $ 2,246,381 [2],[13],[21],[22] $ 3,112,163 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.11% [2],[13],[21],[22] 0.19% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 10/3/2028      
Schedule Of Investments [Line Items]      
Expiration Oct. 03, 2028 [2],[13],[21],[22] Oct. 03, 2028 [3],[7],[15],[20],[23]  
Shares 1,511,002 [2],[13],[21],[22] 1,511,002 [3],[7],[15],[20],[23]  
Cost $ 93,407 [2],[13],[21],[22] $ 93,407 [3],[7],[15],[20],[23]  
Fair Value $ 2,318,220 [2],[13],[21],[22] $ 1,288,026 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.12% [2],[13],[21],[22] 0.08% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 9/18/2025      
Schedule Of Investments [Line Items]      
Expiration Sep. 18, 2025 [2],[13],[21],[22] Sep. 18, 2025 [3],[7],[15],[20],[23]  
Shares 1,049,996 [2],[13],[21],[22] 1,049,996 [3],[7],[15],[20],[23]  
Cost $ 276,492 [2],[13],[21],[22] $ 276,492 [3],[7],[15],[20],[23]  
Fair Value $ 1,815,871 [2],[13],[21],[22] $ 2,491,582 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.10% [2],[13],[21],[22] 0.15% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Pluralsight, Inc. Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[21],[22] 2,865,672    
Cost [2],[21],[22] $ 7,995,225    
Fair Value [2],[21],[22] $ 3,887,269    
% of Total Cash and Investments [2],[21],[22] 0.21%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services ResearchGate Corporation (Germany) Warrants to Purchase Series D Preferred Stock Expiration 10/30/2029      
Schedule Of Investments [Line Items]      
Expiration Oct. 30, 2029 [2],[13],[21],[22],[25] Oct. 30, 2029 [3],[7],[15],[20],[23],[26]  
Shares 333,370 [2],[13],[21],[22],[25] 333,370 [3],[7],[15],[20],[23],[26]  
Cost $ 202,001 [2],[13],[21],[22],[25] $ 202,001 [3],[7],[15],[20],[23],[26]  
Fair Value $ 42,131 [2],[13],[21],[22],[25] $ 70,600 [3],[7],[15],[20],[23],[26]  
% of Total Cash and Investments [2],[13],[21],[22],[25] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SnapLogic, Inc. Warrants to Purchase Series Preferred Stock Expiration 3/19/2028      
Schedule Of Investments [Line Items]      
Expiration Mar. 19, 2028 [2],[21],[22] Mar. 19, 2028 [3],[7],[20],[23]  
Shares 1,860,000 [2],[21],[22] 1,860,000 [3],[7],[20],[23]  
Cost $ 377,722 [2],[21],[22] $ 377,722 [3],[7],[20],[23]  
Fair Value $ 5,197,770 [2],[21],[22] $ 5,300,000 [3],[7],[20],[23]  
% of Total Cash and Investments 0.28% [2],[21],[22] 0.32% [3],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SuCo Investors, LP (Suited Connector) Warrants to Purchase Class A Units Expiration 03/06/2033      
Schedule Of Investments [Line Items]      
Expiration Mar. 06, 2033 [2],[21],[22] Mar. 06, 2033 [3],[7],[20],[23]  
Shares 44,928 [2],[21],[22] 14,337 [3],[7],[20],[23]  
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Media      
Schedule Of Investments [Line Items]      
Cost $ 165,531 $ 144,327 [3]  
Fair Value $ 683,077 $ 720,403 [3]  
% of Total Cash and Investments 0.03% 0.05% [3]  
Investment, Identifier [Axis]: Equity Securities Media MBS Parent, LLC Limited Partnership/Limited Liability Company Interests      
Schedule Of Investments [Line Items]      
Shares [2],[22] 546    
Cost [2],[22] $ 21,204    
Fair Value [2],[22] $ 41,695    
% of Total Cash and Investments [2],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Media Quora, Inc. Warrants to Purchase Series D Preferred Stock Expiration 4/11/2029      
Schedule Of Investments [Line Items]      
Expiration Apr. 11, 2029 [2],[21],[22] Apr. 11, 2029 [3],[7],[20]  
Shares 507,704 [2],[21],[22] 507,704 [3],[7],[20]  
Cost $ 65,245 [2],[21],[22] $ 65,245 [3],[7],[20]  
Fair Value $ 68,789 [2],[21],[22] $ 108,334 [3],[7],[20]  
% of Total Cash and Investments 0.00% [2],[21],[22] 0.01% [3],[7],[20]  
Investment, Identifier [Axis]: Equity Securities Media SoundCloud, Ltd. (United Kingdom) Warrants to Purchase Preferred Stock Expiration 4/29/2025      
Schedule Of Investments [Line Items]      
Expiration Apr. 29, 2025 [2],[13],[21],[22] Apr. 29, 2025 [3],[7],[15],[20],[23]  
Shares 946,498 [2],[13],[21],[22] 946,498 [3],[7],[15],[20],[23]  
Cost $ 79,082 [2],[13],[21],[22] $ 79,082 [3],[7],[15],[20],[23]  
Fair Value $ 572,593 [2],[13],[21],[22] $ 612,069 [3],[7],[15],[20],[23]  
% of Total Cash and Investments 0.03% [2],[13],[21],[22] 0.04% [3],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investment Holdings, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[18],[21],[22] 16,207    
Cost [2],[18],[21],[22] $ 4,177,710    
Fair Value [2],[18],[21],[22] $ 1,050,376    
% of Total Cash and Investments [2],[18],[21],[22] 0.06%    
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investments Holdings, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
Shares [3],[7],[19],[20],[23]   16,207  
Cost [3],[7],[19],[20],[23]   $ 4,177,710  
Fair Value [3],[7],[19],[20],[23]   $ 1,799,178  
% of Total Cash and Investments [3],[7],[19],[20],[23]   0.11%  
Investment, Identifier [Axis]: Equity Securities Paper and Forest Products 48forty Intermediate Holdings, Inc. Common Stock      
Schedule Of Investments [Line Items]      
Shares [2],[21],[22] 2,347    
Cost [2],[21],[22] $ 0    
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Pharmaceuticals Inotiv, Inc. Common Stock      
Schedule Of Investments [Line Items]      
Shares 14,578 [21],[22] 14,578 [3],[20],[23]  
Cost [21],[22] $ 0    
Fair Value $ 60,353 [21],[22] $ 53,501 [3],[20],[23]  
% of Total Cash and Investments [21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Professional Services Anacomp, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
Shares 1,255,527 [2],[11],[21],[22] 1,255,527 [3],[7],[10],[20],[23]  
Cost $ 26,711,048 [2],[11],[21],[22] $ 26,711,048 [3],[7],[10],[20],[23]  
Fair Value $ 1,155,295 [2],[11],[21],[22] $ 843,074 [3],[7],[10],[20],[23]  
% of Total Cash and Investments 0.06% [2],[11],[21],[22] 0.05% [3],[7],[10],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Software      
Schedule Of Investments [Line Items]      
Cost $ 578,389 $ 577,843 [3]  
Fair Value $ 2,108 $ 1,541 [3]  
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Software Grey Orange International Inc. Warrants to Purchase Common Stock Expiration 5/6/2032      
Schedule Of Investments [Line Items]      
Expiration May 06, 2032 [2],[21],[22] May 06, 2032 [3],[7],[20],[23]  
Shares 10,538 [2],[21],[22] 7,706 [3],[7],[20],[23]  
Cost [2],[21],[22] $ 546    
Fair Value $ 2,108 [2],[21],[22] $ 1,541 [3],[7],[20],[23]  
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Software Tradeshift, Inc. Warrants to Purchase Series D Preferred Stock Expiration 3/26/2027      
Schedule Of Investments [Line Items]      
Expiration Mar. 06, 2027 [2],[21],[22] Mar. 26, 2027 [3],[7],[20],[23]  
Shares 1,712,930 [2],[21],[22] 1,712,930 [3],[7],[20],[23]  
Cost $ 577,843 [2],[21],[22] $ 577,843 [3],[7],[20],[23]  
Fair Value [2],[21],[22] $ 0    
% of Total Cash and Investments [2],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%      
Schedule Of Investments [Line Items]      
Spread [3],[7],[20]   12.50%  
Total Coupon [3],[7],[20]   12.50%  
Shares [3],[7],[20]   7,108  
Cost [3],[7],[20]   $ 9,005,081  
Fair Value [3],[7],[20]   $ 9,014,890  
% of Total Cash and Investments [3],[7],[20]   0.54%  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Ref Fixed Total Coupon 12.50%      
Schedule Of Investments [Line Items]      
Total Coupon [2],[21] 12.50%    
Shares [2],[21] 9,586    
Cost [2],[21] $ 13,759,704    
Fair Value [2],[21] $ 13,776,136    
% of Total Cash and Investments [2],[21] 0.73%    
Investment, Identifier [Axis]: Interest Rate Swap Company Receives Fixed 2.633% Company Pays Floating 1 Day SOFR Counterparty CME Maturity Date 6/9/2025 Payment Frequency Annual      
Schedule Of Investments [Line Items]      
Fixed interest rate 2.633%    
Company Pays Floating 1 Day SOFR    
Counterparty CME    
Maturity date Jun. 09, 2025    
Payment Frequency Annual    
Notional amount $ 35,000,000    
Fair Value (731,830)    
Investment, Identifier [Axis]: Investments      
Schedule Of Investments [Line Items]      
Cost 2,019,214,062 $ 1,651,390,013 [3]  
Fair Value $ 1,794,758,336 $ 1,554,941,110 [3]  
% of Total Cash and Investments 95.14% 93.27% [3]  
Investment, Identifier [Axis]: Non-Controlled Affiliates      
Schedule Of Investments [Line Items]      
Fair Value [30]     69,089,697
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Global LLC, Parent Common Units      
Schedule Of Investments [Line Items]      
Fair Value [31] $ 298,333 $ 0  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027      
Schedule Of Investments [Line Items]      
Floor 1.00% [31] 1.00% [30]  
Spread 10.00% [31] 10.00% [30]  
Fair Value $ 0 [31] $ 5,232,821 [30],[31] 0 [30]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29      
Schedule Of Investments [Line Items]      
Floor [31] 2.00%    
Spread [31] 6.25%    
Fair Value [31] $ 11,376,522 $ 0  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26      
Schedule Of Investments [Line Items]      
Floor 1.00% [31] 1.00% [30]  
Spread 8.00% [31] 8.00% [30]  
Fair Value $ 0 [31] $ 4,979,720 [30],[31] 0 [30]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Novellus LLC, Class A Units      
Schedule Of Investments [Line Items]      
Fair Value [31] $ 0 $ 2,827,373 [30]  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24      
Schedule Of Investments [Line Items]      
Floor [30]   1.00%  
Spread [30]   9.00%  
Fair Value [30]   $ 1,324,151 1,324,140
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26      
Schedule Of Investments [Line Items]      
Floor [31] 1.00%    
Spread [31] 9.00%    
Fair Value [31] $ 842,642 1,324,151  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore Investments Holdings, Inc., Class A Common Stock      
Schedule Of Investments [Line Items]      
Fair Value 1,050,376 [31] 1,799,178 [30],[31] 2,983,163 [30]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series A Preferred Units      
Schedule Of Investments [Line Items]      
Fair Value [30]   0 0
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-1 Common Units      
Schedule Of Investments [Line Items]      
Fair Value 14,458,626 [31] 24,629,566 [30],[31] 32,391,197 [30]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-2 Common Units      
Schedule Of Investments [Line Items]      
Fair Value 14,458,626 [31] 24,629,566 [30],[31] $ 32,391,197 [30]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series C-2 Preferred Units      
Schedule Of Investments [Line Items]      
Fair Value [31] 6,959,570 0  
Investment, Identifier [Axis]: Total Cash and Investments      
Schedule Of Investments [Line Items]      
Fair Value $ 1,886,348,038 [32] $ 1,667,183,056 [3],[33]  
% of Total Cash and Investments 100.00% [32] 100.00% [3],[33]  
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024      
Schedule Of Investments [Line Items]      
Floor [3],[7],[10],[15],[23]   0.00%  
Spread [3],[7],[10],[15],[23]   0.00%  
Total Coupon [3],[7],[10],[15],[23]   0.00%  
Maturity [3],[7],[10],[15],[23]   Jun. 30, 2024  
Principal/Shares [3],[7],[10],[15],[23]   $ 2,110,141  
Cost [3],[7],[10],[15],[23]   2,110,141  
Fair Value [3],[7],[10],[15],[23]   $ 0  
% of Total Cash and Investments [3],[7],[10],[15],[23]   0.00%  
[1] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[2] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[3] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[4] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[5] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[6] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[7] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[8] Investment has been segregated to collateralize certain unfunded commitments.
[9] Investment has been segregated to collateralize certain unfunded commitments.
[10] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[11] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[12] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[13] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[14] Non-accruing debt investment.
[15] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[16] Non-accruing debt investment.
[17] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[18] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[19] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[20] Restricted security. (See Note 2)
[21] Restricted security. (See Note 2)
[22] Other non-income producing investment.
[23] Other non-income producing investment.
[24] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[25] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[26] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[27] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[28] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[29] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[30] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[31] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[32] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
[33] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
v3.25.0.1
Consolidated Schedule of Investments (Parenthetical) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Schedule Of Investments [Line Items]      
Percentage of Net Assets 240.30% 242.50% [1],[2]  
Percentage of non qualifying asset to total asset 16.90%    
Dispositions of investments [3] $ 517,085,063 $ 218,669,941 $ 481,458,510
Restricted securities and bank debt 1,789,534,628    
Gross deployment/investment 343,187,049 $ 226,093,128  
BlackRock Capital Investment Corporation      
Schedule Of Investments [Line Items]      
Investments $ 586,983,708    
Restricted Securities and Bank Debt      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 94.90%    
Minimum      
Schedule Of Investments [Line Items]      
Percentage of Net Assets     18.30%
Total value of restricted securities and bank debt     $ 1,554,293,347
% of Total Cash and Investments     93.20%
Minimum | Non-U.S.      
Schedule Of Investments [Line Items]      
Percentage of qualifying asset to total asset 70.00%   70.00%
Deemed Investment | Minimum      
Schedule Of Investments [Line Items]      
Percentage of qualifying asset to total asset 70.00%   70.00%
Publicly Traded Company      
Schedule Of Investments [Line Items]      
Market capitalization $ 250,000,000   $ 250,000,000
Publicly Traded Company | Minimum      
Schedule Of Investments [Line Items]      
Percentage of qualifying asset to total asset 70.00%   70.00%
Non Controlled Affiliates | Minimum      
Schedule Of Investments [Line Items]      
Percentage of outstanding voting securities 5.00%   5.00%
Non Controlled Affiliates | Maximum      
Schedule Of Investments [Line Items]      
Percentage of outstanding voting securities 25.00%   25.00%
Controlled Investments | Minimum      
Schedule Of Investments [Line Items]      
Percentage of outstanding voting securities 25.00%   25.00%
Controlled Investments | Maximum      
Schedule Of Investments [Line Items]      
Percentage of outstanding voting securities 50.00%   50.00%
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.63%    
Investment, Identifier [Axis]: Cash and Cash Equivalents      
Schedule Of Investments [Line Items]      
Percentage of Net Assets 11.70% 16.30% [2]  
% of Total Cash and Investments 4.86% 6.73% [2]  
Investment, Identifier [Axis]: Debt Investments      
Schedule Of Investments [Line Items]      
Percentage of Net Assets 209.20% [4] 202.10% [2]  
% of Total Cash and Investments 87.08% [4] 83.33% [2]  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4] 0.68%    
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] (0.01%)    
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.69%    
Investment, Identifier [Axis]: Debt Investments Automobiles      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.03% [4] 2.07% [2]  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.35%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.41%    
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.04%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.05%    
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10]   1.13%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11] 1.00%    
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10]   0.55%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11] 0.57%    
Investment, Identifier [Axis]: Debt Investments Building Products      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4] 0.64%    
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.10%    
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.45%    
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.39%  
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments Capital Markets      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.37% [4] 2.78% [2]  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.28%    
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2]   (1.00%)  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[12]   1.46%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.91%    
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2]   (1.00%)  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[12]   1.32%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.18%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.89% [4] 0.48% [2]  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.03%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.07%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.03%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.06%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.04%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.55%    
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.45%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00% [4] 0.00% [2]  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[16]   0.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.36% [4] 1.84% [2]  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.51%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.16%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.12%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.17%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.04%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.10%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.05%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.04%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[18] 0.60%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19]   0.30%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19]   0.31%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.15%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.36%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.30%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.46%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.10%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.07%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.08%    
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.52% [4] 1.11% [2]  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.21%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.43%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.64%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.22%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.13%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.43%    
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.41%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4] 1.07%    
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.70%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.80%    
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.27%    
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12]   15.00%  
% of Total Cash and Investments [2],[7],[12]   0.38%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 4.54% [4] 6.88% [2]  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.19%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   2.50%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Sr Secured Convertible Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 4/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.28%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 1.23%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.86%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   1.09%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13],[14] 0.99%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   1.23%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.04%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.07%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[16]   0.96%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.30%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.75%    
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[16]   0.79%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 7.13% [4] 7.40% [2]  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.48%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed Total Coupon 12.00% Maturity 11/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[20]   3.13%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11],[21] 3.17%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.31%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.08%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.17%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.11%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.40%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11],[14] 0.27%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.20%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.04%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.26%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.04%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12],[15]   3.00%  
% of Total Cash and Investments [2],[7],[12],[15]   2.52%  
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2]   0.83%  
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.06%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.07% [4] 0.09% [2]  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11],[13],[22] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[15],[23]   0.01%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11],[13],[22] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[15],[23]   0.08%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[11],[13],[22] 0.07%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4] 0.59%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.59%    
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 3.81% [4] 4.40% [2]  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.48%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.57%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.10%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.81%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.39%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.69%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.36%    
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.33%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.21%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.07%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 3.02% [4] 2.43% [2]  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[14],[24] 1.50%    
% of Total Cash and Investments [4],[5],[14],[24] 0.19%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12]   1.50%  
% of Total Cash and Investments [2],[7],[12]   0.23%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.17%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.72%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.59%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.13%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 1.81%    
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   1.57%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.47% [4] 3.33% [2]  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10]   0.73%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.52%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.01%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.28%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.18%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.01%    
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.07%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.27%    
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2]   0.04%  
Investment, Identifier [Axis]: Debt Investments IT Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.56% [4] 2.75% [2]  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.14%    
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.08%    
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.88%  
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.10%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.86%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.37%    
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.78%    
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.88%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Insurance      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.08% [4] 1.22% [2]  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.39%    
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.27%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.35%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.17%    
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.05%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.81%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.61%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.18%  
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.31%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 12.82% [4] 12.92% [2]  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.34%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.52%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.06%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.34%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.02%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.82%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.64%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.23%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.18%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 7.00%    
% of Total Cash and Investments [4],[5],[24] 3.18%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12]   7.00%  
% of Total Cash and Investments [2],[7],[12]   3.45%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.18%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.20%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[11],[24] 7.50%    
% of Total Cash and Investments [4],[5],[11],[24] 0.42%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.26%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.14%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.69%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.45%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[8]   0.20%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.05%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.11%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.17%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[8]   0.48%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.29%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.53%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.70%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12]   6.575%  
% of Total Cash and Investments [2],[7],[12]   0.67%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 6.575%    
% of Total Cash and Investments [4],[5],[24] 0.82%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.47%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.30%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.16%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.91%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.59%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[13],[24],[25] 4.00%    
% of Total Cash and Investments [4],[5],[13],[24],[25] 0.40%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12],[15],[26]   4.00%  
% of Total Cash and Investments [2],[7],[12],[15],[26]   0.47%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.16%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.26%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[27]   0.03%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.51%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.22%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.14%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.03%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.30%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.00%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.88% [4] 0.72% [2]  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.67%  
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.88%    
Investment, Identifier [Axis]: Debt Investments Leisure Products      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.12% [4] 0.13% [2]  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.11%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[8],[28]   0.01%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.89% [4] 0.40% [2]  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.03%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.40%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.46%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.06%    
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.34%    
Investment, Identifier [Axis]: Debt Investments Machinery      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.01% [4] 0.83% [2]  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.00%    
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.83%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.58% [4] 2.69% [2]  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.42%  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.43%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 2.00%    
% of Total Cash and Investments [4],[5],[24] 0.03%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.76%    
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[8]   0.70%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.63%    
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.71%    
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.55%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.21% [4] 0.14% [2]  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[18] 0.04%    
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19]   0.08%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.17%    
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.17% [4] 1.78% [2]  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.43%    
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.17%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.73%    
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.23%  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[13],[24] 3.00%    
% of Total Cash and Investments [4],[5],[13],[24] 1.14%    
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[13],[24] 3.00%    
% of Total Cash and Investments [4],[5],[13],[24] 1.73%    
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.20%    
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.05%    
Investment, Identifier [Axis]: Debt Investments Professional Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 5.59% [4] 5.16% [2]  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.68%    
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.91%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[16]   0.10%  
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[14] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.39%  
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.60%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.08%    
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.23%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.52%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.84%    
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[15]   3.00%  
% of Total Cash and Investments [2],[7],[15]   1.10%  
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[15]   3.00%  
% of Total Cash and Investments [2],[7],[15]   1.54%  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.11% [4] 0.76% [2]  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.08%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[29] 0.35%    
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[27]   0.28%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.68% [4],[5] 0.48% [2],[7]  
Investment, Identifier [Axis]: Debt Investments Road and Rail      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4] 2.91%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 1.00%    
% of Total Cash and Investments [4],[5],[24] 0.11%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 1.00%    
% of Total Cash and Investments [4],[5],[24] 2.80%    
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   2.39%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.36% [4] 0.36% [2]  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.30%    
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.29%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 0.06%    
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[8]   0.07%  
Investment, Identifier [Axis]: Debt Investments Software      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 13.18% [4] 8.46% [2]  
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [2],[7],[12]   0.50%  
% of Total Cash and Investments [2],[7],[12]   0.59%  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.22%    
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.51%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.95%    
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.76%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.04%  
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.68%  
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.08%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.60%    
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.11%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.17%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 2.50%    
% of Total Cash and Investments [4],[5],[24] 1.37%    
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.09%    
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.38%    
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.80%    
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.20%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.16%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.39%    
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.32%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.30%    
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.01%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.10%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.12%    
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.93%    
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.24%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[17]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.42%    
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.06%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.10%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.49%    
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.00%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.53%    
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.39%  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.38%    
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.32%  
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.28%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 1.32%    
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   1.01%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.04%    
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.65%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.86%    
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   0.07%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6],[13] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.60%  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.12%    
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.14%    
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.05%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.02%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.31%    
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
Exit Fee, percentage [4],[5],[24] 0.25%    
% of Total Cash and Investments [4],[5],[24] 0.20%    
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.11%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[6] 0.00%    
Investment, Identifier [Axis]: Debt Investments Specialty Retail      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.86% [4] 1.47% [2]  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[9] 1.31%    
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[8]   1.21%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.55%    
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.26%  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 1.86%    
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15]   1.90%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.62% [4] 2.29% [2]  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   0.93%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.35%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.02%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7]   1.36%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 1.24%    
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5] 0.01%    
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [4],[5],[13] 0.76%    
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[17]   0.58%  
Investment, Identifier [Axis]: Equity Securities      
Schedule Of Investments [Line Items]      
Percentage of Net Assets 19.40% 24.10% [2]  
% of Total Cash and Investments 8.06% 9.94% [2]  
Investment, Identifier [Axis]: Equity Securities Automobiles AA Acquisition Aggregator, LLC (AutoAlert) Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[21],[22] 0.50%    
Investment, Identifier [Axis]: Equity Securities Automobiles AutoAlert LLC Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[20],[23]   0.60%  
Investment, Identifier [Axis]: Equity Securities Capital Markets Pico Quantitative Trading Holdings, LLC Warrants to Purchase Membership Units Expiration 2/7/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.06% [5],[21],[22] 0.09% [2],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Chemicals      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class A Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class B Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class C Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Communications Equipment Plate Newco 1Limited (Avanti) (United Kingdom) Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22],[25] 0.00%    
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Global LLC Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[18],[21],[22] 0.02%    
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Novellus LLC Class A Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19],[20],[23]   0.17%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.91% 3.13% [2],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[20],[23]   0.02%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[20],[23]   0.07%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services MXP Prime Platform GmbH (SellerX) (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00% [5],[13],[21],[22] 0.02% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Preferred Series A1 Shares Expiration 4/28/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00% [5],[13],[21],[22] 0.03% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 12/23/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 4/28/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[15],[20],[23]   0.04%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Class A Preferred Units Ref Fixed Total Coupon 3.00%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Common Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19],[20]   1.47%  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units Ref Fixed Total Coupon 12.00%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[18],[21] 0.77%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-2 Common Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.77% [5],[18],[21],[22] 1.48% [2],[7],[19],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series C-2 Common Units Ref Fixed Total Coupon 15.00%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[18],[21] 0.37%    
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Thras.io, LLC Common Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 3.53% 4.26% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services 36th Street Capital Partners Holdings, LLC Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 2.73% [5],[11],[21] 3.03% [2],[7],[10],[20]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Conventional Lending TCP Holdings, LLC Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.77% [5],[11],[21] 0.98% [2],[7],[10],[20],[27]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP I, LP (Great American Capital) Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[20],[27]   0.01%  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP II, LP (Great American Capital) Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[20],[27]   0.23%  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Series X Shares      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22] 0.02%    
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series D Stock Expiration 2/11/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.01% [5],[13],[21],[22] 0.01% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series E Stock Expiration 8/17/2031      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Class B Shares      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Ordinary Shares      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Ordinary Shares      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Series B Preferred Shares      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[13],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-1 Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-2 Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Energy Equipment and Services GlassPoint, Inc. Warrants to Purchase Common Stock Expiration 9/12/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.09% [5],[21],[22] 0.12% [2],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Healthcare Providers and Services INH Buyer, Inc. (IMA Health) Preferred Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Hotels, Restaurants and Leisure Fishbowl, Inc. Common Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[20]   0.01%  
Investment, Identifier [Axis]: Equity Securities Household Durables Stitch Holdings, L.P. Limited Partnership/Limited Liability Company Interests      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities IT Services Fidelis (SVC), LLC Preferred Unit-C      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Service Fishbowl, Inc. Common Membership Units      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[11],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 1.10% 0.81% [2]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.02% [22] 0.03% [2],[7],[20]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Class B Common Stock Expiration 2/17/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.20%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Common Stock Expiration 2/17/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.05%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Foursquare Labs, Inc. Warrants to Purchase Series E Preferred Stock Expiration 5/4/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.01% [5],[21],[22] 0.04% [2],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Common Stock Expiration 8/15/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.11% [5],[13],[21],[22] 0.19% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 10/3/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.12% [5],[13],[21],[22] 0.08% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 9/18/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.10% [5],[13],[21],[22] 0.15% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Pluralsight, Inc. Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.21%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services ResearchGate Corporation (Germany) Warrants to Purchase Series D Preferred Stock Expiration 10/30/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[13],[21],[22],[25] 0.00%    
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SnapLogic, Inc. Warrants to Purchase Series Preferred Stock Expiration 3/19/2028      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.28% [5],[21],[22] 0.32% [2],[7],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SuCo Investors, LP (Suited Connector) Warrants to Purchase Class A Units Expiration 03/06/2033      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Media      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.03% 0.05% [2]  
Investment, Identifier [Axis]: Equity Securities Media MBS Parent, LLC Limited Partnership/Limited Liability Company Interests      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Media Quora, Inc. Warrants to Purchase Series D Preferred Stock Expiration 4/11/2029      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00% [5],[21],[22] 0.01% [2],[7],[20]  
Investment, Identifier [Axis]: Equity Securities Media SoundCloud, Ltd. (United Kingdom) Warrants to Purchase Preferred Stock Expiration 4/29/2025      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.03% [5],[13],[21],[22] 0.04% [2],[7],[15],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investment Holdings, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[18],[21],[22] 0.06%    
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investments Holdings, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[19],[20],[23]   0.11%  
Investment, Identifier [Axis]: Equity Securities Paper and Forest Products 48forty Intermediate Holdings, Inc. Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Pharmaceuticals Inotiv, Inc. Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Professional Services Anacomp, Inc. Class A Common Stock      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.06% [5],[11],[21],[22] 0.05% [2],[7],[10],[20],[23]  
Investment, Identifier [Axis]: Equity Securities Software      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 0.00%    
Investment, Identifier [Axis]: Equity Securities Software Grey Orange International Inc. Warrants to Purchase Common Stock Expiration 5/6/2032      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Software Tradeshift, Inc. Warrants to Purchase Series D Preferred Stock Expiration 3/26/2027      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21],[22] 0.00%    
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[20]   0.54%  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Ref Fixed Total Coupon 12.50%      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [5],[21] 0.73%    
Investment, Identifier [Axis]: Investments      
Schedule Of Investments [Line Items]      
Percentage of Net Assets 228.60% 226.20% [2]  
% of Total Cash and Investments 95.14% 93.27% [2]  
Investment, Identifier [Axis]: Total Cash and Investments      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments 100.00% [30] 100.00% [1],[2]  
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024      
Schedule Of Investments [Line Items]      
% of Total Cash and Investments [2],[7],[10],[15],[23]   0.00%  
[1] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
[2] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[3] Adjusted for assets acquired and liabilities assumed as a result of the Merger (as defined in Note 1 “Organization and Nature of Operations”), as applicable.
[4] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[5] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[6] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[7] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[8] Investment has been segregated to collateralize certain unfunded commitments.
[9] Investment has been segregated to collateralize certain unfunded commitments.
[10] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[11] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[12] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[13] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[14] Non-accruing debt investment.
[15] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[16] Non-accruing debt investment.
[17] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[18] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[19] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[20] Restricted security. (See Note 2)
[21] Restricted security. (See Note 2)
[22] Other non-income producing investment.
[23] Other non-income producing investment.
[24] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[25] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[26] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[27] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[28] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[29] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[30] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
v3.25.0.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Pay vs Performance Disclosure      
Net Income (Loss) $ (63,137,172) $ 38,474,432 $ (9,225,332)
v3.25.0.1
Insider Trading Arrangements
 3 Months Ended
Dec. 31, 2024
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.0.1
Cybersecurity Risk Management, Strategy, and Governance
 12 Months Ended
Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]  
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]

Item 1C. Cybersecurity

 

Cybersecurity Risk Management and Strategy

 

The Company is externally managed by the Advisor and has no employees or internal information systems. Thus, the Company relies on the Advisor, BlackRock, Inc. (“BlackRock”) as well as the custodian and other service providers to protect the Company's information from cybersecurity threats. The Company’s chief compliance officer (the “CCO”) oversees the Company's risk management policies and procedures related to cybersecurity risks, subject to the oversight of the Board of Directors. The CCO and the Advisor also review key Company service providers’ compliance and risk management policies and procedures related to cybersecurity matters, evaluate such service providers’ use of information systems, which have the potential to subject the Company

to information technology vulnerabilities, and receive reports from the Company’s service providers regarding any cybersecurity threats and incidents.

 

Specifically, the Company relies on the enterprise risk management (“ERM”) framework of BlackRock, Inc. (“BlackRock”) for the Company’s cybersecurity risk management and strategy. The Board of Directors of the Company periodically receives reports from BlackRock and from the Advisor regarding BlackRock’s cybersecurity program. Key aspects of the ERM framework are summarized below.

 

BlackRock’s Enterprise Risk Management Framework

 

BlackRock recognizes the importance of identifying, assessing, and managing material risks associated with cybersecurity threats. Cybersecurity represents an important component of BlackRock’s approach to ERM. BlackRock leverages a multi-lines-of-defense model with cybersecurity operational processes executed by global information security and other teams and dedicated internal audit technology and technology risk management (“TRM”) teams that independently review technology risks. BlackRock’s cybersecurity program is fully integrated into its ERM framework and is aligned with recognized frameworks, including NIST CSF, FFIEC CAT, FedRAMP, SOC 1/2, ISO 27001/2 and others. BlackRock aims to inform and continuously improve its cybersecurity program through engagement with regulatory, client, insurer, vendor, partner, peer, government and industry organizations and associations, as well as external audit, technology risk, information security and other assessments.

 

BlackRock seeks to address cybersecurity risks through a global, multilayered strategy of control programs that is designed to preserve the confidentiality, integrity and availability of the information that BlackRock collects and stores by identifying, preventing and mitigating cybersecurity threats and incidents. As one of the critical elements of BlackRock’s overall ERM framework, BlackRock’s cybersecurity program is focused on the following key areas:

•
Governance: As discussed in more detail under the heading “BlackRock’s Cybersecurity Governance” below, the oversight by BlackRock’s Board of Directors (BlackRock’s Board”) of cybersecurity risk management is supported by BlackRock’s Risk Committee, which regularly interacts with BlackRock’s risk management function, BlackRock’s Chief Risk Officer (“CRO”) and Chief Information Security Officer (“CISO”), along with other members of management. In addition, technology and cybersecurity risks are formally overseen by a dedicated management risk governance committee, the Technology Risk and Cybersecurity Committee (“TRCC”), which is a sub-committee of the firmwide Enterprise Risk Committee (“ERC”).
•
Cross-Functional Approach: BlackRock has implemented a global, cross-functional approach to identifying, preventing, and mitigating cybersecurity threats and incidents, while also implementing layered preventative, detective, reactive and recovery controls to identify and manage cybersecurity risks.
•
Safeguards: BlackRock deploys a range of people, process and technical controls that are designed to protect BlackRock’s information systems from cybersecurity threats, which may include, among others: physical security controls; perimeter controls, including technical assessments, firewalls, network segregation, intrusion detection and prevention; tabletop exercises, ongoing vulnerability and patch management; vendor due diligence; multi-factor authentication; device encryption; application security, code testing and penetration testing; endpoint security, including anti-malware protection, threat intel and response, managed detection and response, security configuration management, portable storage device lockdown, restricted administrative privileges; employee awareness, training, and phishing testing; data loss prevention program and monitoring; information security incident reporting and monitoring; and layered and comprehensive access controls.
•
Incident Response and Recovery Planning: BlackRock has established and maintains incident response and recovery plans that address the Company’s response to a cybersecurity incident, including processes designed to assess, escalate, contain, investigate and remediate the incident, as well as to comply with applicable legal obligations and mitigate potential reputational damage. Such plans are evaluated on a periodic basis.
•
Third-Party Risk Management: BlackRock maintains a risk-based approach to identifying and overseeing cybersecurity risks presented by third parties, including vendors, service providers, counterparties and clients, as well as the systems of third parties that could significantly and adversely impact BlackRock’s business in the event of a cybersecurity incident affecting those third-party systems. Operational incidents can arise as a result of failures by third parties with which BlackRock does business, such as failures by internet, communication technology and cloud service providers or other vendors to adequately follow processes and procedures, safeguard their systems or prevent system disruptions or cyber-attacks. Third-party risks are included within BlackRock’s ERM framework, and risk identification and mitigation are supported by BlackRock’s cybersecurity program. BlackRock also performs diligence on certain third parties and monitors cybersecurity threats and risks identified through such diligence.
•
Education and Awareness: BlackRock’s employees and contractors are required to complete an annual information security training to equip them with effective tools to address cybersecurity threats, and to receive communications on BlackRock’s evolving information security policies and procedures.

 

BlackRock’s global information security team, in collaboration with the technology risk and internal audit teams, engages in the periodic assessment and testing of BlackRock’s cyber risks and cybersecurity program. These efforts may include a wide range of activities, including audits, assessments, wargames and “tabletop” exercises, threat modeling, vulnerability testing and other exercises focused on evaluating the effectiveness of our cybersecurity measures and planning. BlackRock also participates in financial services industry and government forums in an effort to improve both internal and sector cybersecurity defense. BlackRock regularly engages third parties and advisors to assess its cybersecurity control environment. The results of certain program and control assessments are reported to the Risk Committee, and BlackRock adjusts its cybersecurity program as appropriate based on the information provided by these assessments.

 

As of December 31, 2024, the Company is not aware of any cybersecurity risks that have materially affected or are reasonably likely to materially affect the Company’s business strategy, results of operations, or financial condition.

 

 

Cybersecurity Governance

 

The Board of Directors of the Company periodically receives reports from BlackRock and from the Advisor regarding BlackRock’s cybersecurity program. The CCO delivers quarterly reports to the Board of Directors of the Company. Team members who support the Company’s information security program have relevant educational and industry experience.

 

At the BlackRock parent level, BlackRock’s Board is actively engaged in the oversight of BlackRock’s risk management program. The Risk Committee assists the Board with its oversight of BlackRock’s levels of risk, risk assessment, risk management and related policies and processes, including risks arising from cybersecurity threats. The Risk Committee receives regular reports on BlackRock’s cybersecurity program, technology resilience risk management and related developments from members of our information security team, including the CISO. The Board and the Risk Committee also receive information regarding cybersecurity incidents that meet certain reporting thresholds. On an annual basis, senior members of BlackRock’s technology, risk and information security teams provide a comprehensive overview of BlackRock’s cyber risk and related programs to a joint session of the Board’s Risk and Audit Committees.

 

Technology and cybersecurity risks at BlackRock are also overseen by the TRCC, a dedicated management risk governance committee and sub-committee of the firmwide ERC. The chair of the TRCC is appointed by the head of Enterprise Risk Management at BlackRock and its members include the CISO as well as a broad range of senior business stakeholders across BlackRock. The TRCC is responsible for oversight of BlackRock’s technology and cybersecurity risk management practices and helps ensure that technology and cybersecurity risks remain within firmwide risk tolerances and technology and cybersecurity risk issues are escalated as appropriate to the ERC and other committees. The TRCC also reviews any relevant technology and cybersecurity risk related issues and helps ensure that they are appropriately escalated, reported, and remediated.

 

BlackRock’s cybersecurity risk management and strategy processes, which are discussed in greater detail above, are led by BlackRock’s CISO. As of December 31, 2024, the CISO had over 30 years of experience in information technology with a 25-year concentration in information security, including previously serving as the CISO at several global financial institutions, and held the Certified Information Systems Security Professional certification. The CISO works closely with the leadership team and other subject matter experts in the global cybersecurity group, who collectively have extensive prior work experience in various roles involving managing information security, developing cybersecurity strategy, implementing effective information and cybersecurity programs and overseeing cybersecurity controls in technology risk and audit functions, as well as having relevant degrees and industry-leading certifications.

 

The CISO and members of the TRCC monitor the prevention, detection, mitigation and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management processes described above, including the operation of BlackRock’s incident response plan.
Cybersecurity Risk Management Processes Integrated [Flag] true
Cybersecurity Risk Management Processes Integrated [Text Block]

BlackRock recognizes the importance of identifying, assessing, and managing material risks associated with cybersecurity threats. Cybersecurity represents an important component of BlackRock’s approach to ERM. BlackRock leverages a multi-lines-of-defense model with cybersecurity operational processes executed by global information security and other teams and dedicated internal audit technology and technology risk management (“TRM”) teams that independently review technology risks. BlackRock’s cybersecurity program is fully integrated into its ERM framework and is aligned with recognized frameworks, including NIST CSF, FFIEC CAT, FedRAMP, SOC 1/2, ISO 27001/2 and others. BlackRock aims to inform and continuously improve its cybersecurity program through engagement with regulatory, client, insurer, vendor, partner, peer, government and industry organizations and associations, as well as external audit, technology risk, information security and other assessments.
Cybersecurity Risk Management Third Party Engaged [Flag] true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag] true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag] false
Cybersecurity Risk Board of Directors Oversight [Text Block]

Cybersecurity Governance

 

The Board of Directors of the Company periodically receives reports from BlackRock and from the Advisor regarding BlackRock’s cybersecurity program. The CCO delivers quarterly reports to the Board of Directors of the Company. Team members who support the Company’s information security program have relevant educational and industry experience.

 

At the BlackRock parent level, BlackRock’s Board is actively engaged in the oversight of BlackRock’s risk management program. The Risk Committee assists the Board with its oversight of BlackRock’s levels of risk, risk assessment, risk management and related policies and processes, including risks arising from cybersecurity threats. The Risk Committee receives regular reports on BlackRock’s cybersecurity program, technology resilience risk management and related developments from members of our information security team, including the CISO. The Board and the Risk Committee also receive information regarding cybersecurity incidents that meet certain reporting thresholds. On an annual basis, senior members of BlackRock’s technology, risk and information security teams provide a comprehensive overview of BlackRock’s cyber risk and related programs to a joint session of the Board’s Risk and Audit Committees.

 

Technology and cybersecurity risks at BlackRock are also overseen by the TRCC, a dedicated management risk governance committee and sub-committee of the firmwide ERC. The chair of the TRCC is appointed by the head of Enterprise Risk Management at BlackRock and its members include the CISO as well as a broad range of senior business stakeholders across BlackRock. The TRCC is responsible for oversight of BlackRock’s technology and cybersecurity risk management practices and helps ensure that technology and cybersecurity risks remain within firmwide risk tolerances and technology and cybersecurity risk issues are escalated as appropriate to the ERC and other committees. The TRCC also reviews any relevant technology and cybersecurity risk related issues and helps ensure that they are appropriately escalated, reported, and remediated.

 

BlackRock’s cybersecurity risk management and strategy processes, which are discussed in greater detail above, are led by BlackRock’s CISO. As of December 31, 2024, the CISO had over 30 years of experience in information technology with a 25-year concentration in information security, including previously serving as the CISO at several global financial institutions, and held the Certified Information Systems Security Professional certification. The CISO works closely with the leadership team and other subject matter experts in the global cybersecurity group, who collectively have extensive prior work experience in various roles involving managing information security, developing cybersecurity strategy, implementing effective information and cybersecurity programs and overseeing cybersecurity controls in technology risk and audit functions, as well as having relevant degrees and industry-leading certifications.

 

The CISO and members of the TRCC monitor the prevention, detection, mitigation and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management processes described above, including the operation of BlackRock’s incident response plan.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]

At the BlackRock parent level, BlackRock’s Board is actively engaged in the oversight of BlackRock’s risk management program. The Risk Committee assists the Board with its oversight of BlackRock’s levels of risk, risk assessment, risk management and related policies and processes, including risks arising from cybersecurity threats. The Risk Committee receives regular reports on BlackRock’s cybersecurity program, technology resilience risk management and related developments from members of our information security team, including the CISO. The Board and the Risk Committee also receive information regarding cybersecurity incidents that meet certain reporting thresholds. On an annual basis, senior members of BlackRock’s technology, risk and information security teams provide a comprehensive overview of BlackRock’s cyber risk and related programs to a joint session of the Board’s Risk and Audit Committees.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block] The Risk Committee receives regular reports on BlackRock’s cybersecurity program, technology resilience risk management and related developments from members of our information security team, including the CISO. The Board and the Risk Committee also receive information regarding cybersecurity incidents that meet certain reporting thresholds. On an annual basis, senior members of BlackRock’s technology, risk and information security teams provide a comprehensive overview of BlackRock’s cyber risk and related programs to a joint session of the Board’s Risk and Audit Committees.
Cybersecurity Risk Role of Management [Text Block]

At the BlackRock parent level, BlackRock’s Board is actively engaged in the oversight of BlackRock’s risk management program. The Risk Committee assists the Board with its oversight of BlackRock’s levels of risk, risk assessment, risk management and related policies and processes, including risks arising from cybersecurity threats. The Risk Committee receives regular reports on BlackRock’s cybersecurity program, technology resilience risk management and related developments from members of our information security team, including the CISO. The Board and the Risk Committee also receive information regarding cybersecurity incidents that meet certain reporting thresholds. On an annual basis, senior members of BlackRock’s technology, risk and information security teams provide a comprehensive overview of BlackRock’s cyber risk and related programs to a joint session of the Board’s Risk and Audit Committees.

 

Technology and cybersecurity risks at BlackRock are also overseen by the TRCC, a dedicated management risk governance committee and sub-committee of the firmwide ERC. The chair of the TRCC is appointed by the head of Enterprise Risk Management at BlackRock and its members include the CISO as well as a broad range of senior business stakeholders across BlackRock. The TRCC is responsible for oversight of BlackRock’s technology and cybersecurity risk management practices and helps ensure that technology and cybersecurity risks remain within firmwide risk tolerances and technology and cybersecurity risk issues are escalated as appropriate to the ERC and other committees. The TRCC also reviews any relevant technology and cybersecurity risk related issues and helps ensure that they are appropriately escalated, reported, and remediated.

 

BlackRock’s cybersecurity risk management and strategy processes, which are discussed in greater detail above, are led by BlackRock’s CISO. As of December 31, 2024, the CISO had over 30 years of experience in information technology with a 25-year concentration in information security, including previously serving as the CISO at several global financial institutions, and held the Certified Information Systems Security Professional certification. The CISO works closely with the leadership team and other subject matter experts in the global cybersecurity group, who collectively have extensive prior work experience in various roles involving managing information security, developing cybersecurity strategy, implementing effective information and cybersecurity programs and overseeing cybersecurity controls in technology risk and audit functions, as well as having relevant degrees and industry-leading certifications.
Cybersecurity Risk Management Positions or Committees Responsible [Flag] true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block] The CISO works closely with the leadership team and other subject matter experts in the global cybersecurity group, who collectively have extensive prior work experience in various roles involving managing information security, developing cybersecurity strategy, implementing effective information and cybersecurity programs and overseeing cybersecurity controls in technology risk and audit functions, as well as having relevant degrees and industry-leading certifications.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block] the CISO had over 30 years of experience in information technology with a 25-year concentration in information security, including previously serving as the CISO at several global financial institutions, and held the Certified Information Systems Security Professional certification.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]

The CISO and members of the TRCC monitor the prevention, detection, mitigation and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management processes described above, including the operation of BlackRock’s incident response plan.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag] true
v3.25.0.1
Organization and Nature of Operations
 12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Organization and Nature of Operations

1. Organization and Nature of Operations

BlackRock TCP Capital Corp. (the “Company”), formerly known as TCP Capital Corp., is a Delaware corporation formed on April 2, 2012 as an externally managed, closed-end, non-diversified management investment company. The Company elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company’s investment objective is to achieve high total returns through current income and capital appreciation, with an emphasis on principal protection. The Company invests primarily in the debt of middle-market companies as well as small businesses, including senior secured loans, junior loans, mezzanine debt and bonds. Such investments may include an equity component, and, to a lesser extent, the Company may make equity investments directly. The Company was formed through the conversion on April 2, 2012 of the Company’s predecessor, Special Value Continuation Fund, LLC, from a limited liability company to a corporation in a non-taxable transaction, leaving the Company as the surviving entity. On April 3, 2012, the Company completed its initial public offering.

Investment operations are conducted through the Company's wholly-owned subsidiaries, Special Value Continuation Partners LLC, a Delaware limited liability company ("SVCP"), TCPC Funding I, LLC, a Delaware limited liability company (“TCPC Funding”), TCPC Funding II, LLC, a Delaware limited liability company ("TCPC Funding II"), TCPC SBIC, LP, a Delaware limited partnership (the “SBIC”) and BCIC Merger Sub, LLC, a Delaware limited liability company and wholly-owned subsidiary of SVCP (“Merger Sub”). SVCP was organized as a limited partnership and had elected to be regulated as a BDC under the 1940 Act through July 31, 2018. On August 1, 2018, SVCP withdrew its election to be regulated as a BDC under the 1940 Act and withdrew the registration of its common limited partner interests under Section 12(g) of the Securities Exchange Act of 1934 (the “1934 Act”) and, on August 2, 2018, terminated its general partner, Series H of SVOF/MM, LLC, and converted to a Delaware limited liability company. The SBIC was organized in June 2013, and, on April 22, 2014, received a license from the United States Small Business Administration (the “SBA”) to operate as a small business investment company under the provisions of Section 301(c) of the Small Business Investment Act of 1958. These consolidated financial statements include the accounts of the Company, SVCP (including effective from the closing (the "Closing") of the Merger (as defined below) on March 18, 2024, the consolidated accounts of Merger Sub), TCPC Funding, TCPC Funding II and the SBIC. All significant intercompany transactions and balances have been eliminated in the consolidation.

The Company has elected to be treated as a regulated investment company (“RIC”) for U.S. federal income tax purposes. As a RIC, the Company will not be taxed on its income to the extent that it distributes such income each year and satisfies other applicable income tax requirements. All of the subsidiaries of the Company are treated as disregarded entities.

Series H of SVOF/MM, LLC serves as the administrator of the Company (the “Administrator”). The managing member of SVOF/MM is Tennenbaum Capital Partners, LLC (the “Advisor”), which serves as the investment manager to the Company, TCPC Funding, TCPC Funding II, Merger Sub and the SBIC. On August 1, 2018, the Advisor merged with and into a wholly owned subsidiary of BlackRock Capital Investment Advisors, LLC, an indirect wholly owned subsidiary of BlackRock, Inc., with the Advisor as the surviving entity.

Company management consists of the Advisor and the Company’s Board of Directors (the “Board of Directors”). The Advisor directs and executes the day-to-day operations of the Company, subject to oversight from the Board of Directors, which sets the broad policies of the Company. The Board of Directors of the Company has delegated investment management of SVCP’s assets to the Advisor. The Board of Directors consists of six persons, five of whom are independent.

On March 18, 2024, the Company completed its previously announced acquisition of BlackRock Capital Investment Corporation, a Delaware corporation (“BCIC”), pursuant to the Amended and Restated Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 10, 2024, by and among the Company, BCIC, Merger Sub, and solely for the limited purposes set forth therein, BlackRock Capital Investment Advisors, LLC, a Delaware limited liability company and investment advisor to BCIC (“BCIA”), and the Advisor. Pursuant to the Merger Agreement, BCIC merged with and into Merger Sub, with Merger Sub continuing as the surviving company and as a subsidiary of SVCP and an indirect wholly-owned subsidiary of the Company (the "Merger"). As a result of, and as of the effective time of, the Merger, BCIC’s separate corporate existence ceased.

See “Note 12 – Merger with BlackRock Capital Investment Corporation” for further information regarding the Merger Agreement and the Merger.
v3.25.0.1
N-2 - $ / shares
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cover [Abstract]            
Entity Central Index Key 0001370755          
Amendment Flag false          
Securities Act File Number 814-00899          
Document Type 10-K          
Entity Registrant Name BLACKROCK TCP CAPITAL CORP.          
Entity Address, Address Line One 2951 28th Street          
Entity Address, Address Line Two Suite 1000          
Entity Address, City or Town Santa Monica          
Entity Address, State or Province CA          
Entity Address, Postal Zip Code 90405          
City Area Code 310          
Local Phone Number 566-1000          
Entity Well-known Seasoned Issuer Yes          
Entity Emerging Growth Company false          
General Description of Registrant [Abstract]            
Risk Factors [Table Text Block]

Item 1A. Risk Factors

Investing in our securities may be speculative and involves a high degree of risk. You should carefully consider these risk factors, together with all of the other information included in this Annual Report on Form 10-K, including our consolidated financial statements and the related notes thereto. The risks set out below are not the only risks we face. If any of the following events occur, our business, financial condition and results of operations could be materially adversely affected. In such case, our net asset value and the trading price of our common stock could decline, and you may lose all or part of your investment in us.

Risks related to our business

Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings.

General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage.

Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, an increase in interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective.

The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics, epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide.

In particular, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. In addition, the ongoing conflict between Israel and Palestine may cause exacerbated volatility and disruptions to both the domestic and global economy, spawn additional conflicts, result in possible sanctions and countersanctions, and trigger retaliatory cyberattacks. Any of the above factors, as well as other governmental actions, could have an adverse impact on macroeconomic factors that affect the Company and our portfolio companies' businesses, financial conditions, cashflows, and operations. We cannot predict the nature, magnitude and duration of the hostilities stemming from these conflicts. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets.

The current political climate has intensified concerns about potential trade wars between China and the U.S., as each country has imposed tariffs on the other country’s products, and between the U.S. and other nations, with additional tariffs under the new administration in the U.S. also under discussion. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments

of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

The impact of the events described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal.

Economic recessions or downturns could impair our portfolio companies and harm our operating results.

Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results.

A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors.

Inflationary pressures have been elevated in recent years, and there is a risk of the economy entering a recession.

Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include:

•
severe declines in the market price of our securities or net asset value;
•
inability of the Company to accurately or reliably value its portfolio;
•
inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our shareholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures;
•
inability of the Company to pay any dividends and distributions or service its debt;
•
inability of the Company to maintain its status as a RIC under the Code;
•
declines in the value of our investments;
•
increased risk of default or bankruptcy by the companies in which we invest;
•
increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern;
•
limited availability of new investment opportunities;
•
inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and
•
general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC.

We are subject to risks related to inflation.

Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. If inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. This risk is greater for fixed-income instruments with longer maturities.

Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations.

From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions.

Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage, due to higher inflation that is still cooling or that may increase again. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations.

Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies.

The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations.

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, FDIC, Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, the financial markets recently experienced volatility in connection with concerns that some banks, especially small and regional banks, may have significant investment-related losses that might make it difficult to fund demands to withdraw deposits and other liquidity needs. This and similar developments could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, including business development companies

such as us, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from our Advisor.

Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations.

Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings.

Changes enacted by the current or future presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can be, and have been, effectuated through executive order. It is not possible to predict which, if any, actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective.

Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The effect of any changes to such rules is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally.

Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us.

There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. For example, more significant tariffs have been proposed by the new administration in the U.S., although it is not possible to predict the extent or focus of any such tariffs at this time. As a result, there remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us.

Uncertainty regarding the implementation of the EU and UK's Trade and Cooperation Agreement could negatively impact our business, financial condition and earnings.

The EU and UK's Trade and Cooperation Agreement ("UK/EU Trade Agreement") was implemented starting on May 1, 2021 and set out the economic and legal framework for trade between the United Kingdom and the EU after the United Kingdom's 2020 withdrawal from the EU. As the UK/EU Trade Agreement is still a fairly new legal framework, the continuing implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns.

Changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations.

Our debt investments are generally based on floating rates, such as EURIBOR, Secured Overnight Financing Rate ("SOFR"), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital.

If interest rates rise, the cost of borrowing for the companies in which we invest will increase and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock.

Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. During periods of high interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income.

You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income.

 

We are subject to risks associated with artificial intelligence and machine learning technology.

Recent technological advances in artificial intelligence and machine learning technology pose risks to our Company and our portfolio investments. Our Company and our portfolio investments could be exposed to the risks of artificial intelligence and machine learning technology if third-party service providers or any counterparties, whether or not known to our Company, also use artificial intelligence and machine learning technology in their business activities. We and our portfolio companies may not be in a position to control the use of artificial intelligence and machine learning technology in third-party products or services.

Use of artificial intelligence and machine learning technology could include the input of confidential information in contravention of applicable policies, contractual or other obligations or restrictions, resulting in such confidential information becoming part accessible by other third-party artificial intelligence and machine learning technology applications and users.

Independent of its context of use, artificial intelligence and machine learning technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that artificial intelligence and machine learning technology utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error—potentially materially so—and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of artificial intelligence and machine learning technology. To the extent that we or our portfolio investments are exposed to the risks of artificial intelligence and machine learning technology use, any such inaccuracies or errors could have adverse impacts on our Company or our investments.

Artificial intelligence and machine learning technology and its applications, including in the private investment and financial sectors, continue to develop rapidly, and it is impossible to predict the future risks that may arise from such developments.

We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated.

The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have

been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies.

We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock.

Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results.

Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms.

We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow our portfolio of investments and achieve our investment objective. In addition, persons with whom we have informal relationships are not obligated to inform us of investment opportunities, and therefore such relationships may not lead to the origination of equity or other investments. Any loss or diminishment of such relationships could effectively reduce our ability to identify attractive portfolio companies that meet our investment criteria, either for direct investments or for investments through private secondary market transactions or other secondary transactions.

The Advisor’s liability is limited under the investment management agreement, and we are required to indemnify the Advisor against certain liabilities, which may lead the Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

The Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow the Advisor’s advice or recommendations. Pursuant to the investment management agreement, the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of the Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment management agreement. These protections may lead the Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

We may suffer credit losses.

Investment in middle-market companies is highly speculative and involves a high degree of risk of credit loss, and therefore our securities may not be suitable for someone with a low tolerance for risk. These risks are likely to increase during an economic recession.

Our use of borrowed funds, including under the Leverage Program, to make investments exposes us to risks typically associated with leverage.

The Company borrows money, both directly and indirectly through its subsidiaries. As a result:

•
our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
•
adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of leverage;
•
we, and indirectly our common shareholders, bear the entire cost of issuing and paying interest or dividends on any borrowed funds issued by us or our subsidiaries; and
•
our ability to pay dividends on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness would not be available for such dividends.

The use of leverage creates increased risk of loss and is considered a speculative investment technique. The use of leverage magnifies the potential gains and losses from an investment and increases the risk of loss of capital. To the extent that income derived by us from investments purchased with borrowed funds is greater than the cost of borrowing, our net income will be greater than if borrowing had not been used. Conversely, if the income from investments purchased from these sources is not sufficient to cover the cost of the leverage, our net investment income will be less than if leverage had not been used, and the amount available for ultimate distribution to the holders of common stock will be reduced. The extent to which the gains and losses associated with leveraged investing are increased will generally depend on the degree of leverage employed. We may, under some circumstances, be required to dispose of

investments under unfavorable market conditions in order to maintain our leverage, thus causing us to recognize a loss that might not otherwise have occurred. In the event of a sale of investments upon default under our borrowing arrangements, secured creditors will be contractually entitled to direct such sales and may be expected to do so in their interest, rather than in the interests of the holders of common stock. Holders of common stock will incur losses if the proceeds from a sale in any of the foregoing circumstances are insufficient, after payment in full of amounts due and payable on leverage, including administrative expenses, to repay such holders investments in our common stock. As a result, you could experience a total loss of your investment. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. The ability to service any debt that we have or may have outstanding depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures. There is no limitation on the percentage of portfolio investments that can be pledged to secure borrowings. The amount of leverage that we employ at any particular time will depend on our Advisor’s and our board of director’s assessments of market and other factors at the time of any proposed borrowing.

In addition to regulatory restrictions that restrict our ability to raise capital, the Leverage Program contains various covenants which, if not complied with, could accelerate repayment under the Operating Facility, Funding Facility II and the Merger Sub Facility (collectively, the “Credit Facilities”), thereby materially and adversely affecting our liquidity, financial condition and results of operations.

Under the Leverage Program, we must comply with certain financial and operational covenants. These covenants include:

•
restrictions on the level of indebtedness that we are permitted to incur in relation to the value of our assets;
•
restrictions on our ability to make distributions and other restricted payments under certain circumstances;
•
restrictions on extraordinary events, such as mergers, consolidation and sales of assets;
•
restrictions on our ability to incur liens and incur indebtedness; and
•
maintenance of a minimum level of stockholders’ equity.

In addition, by limiting the circumstances in which borrowings may occur under the Credit Facilities, the credit agreements related to such facilities (the “Credit Agreements”) in effect provide for various asset coverage, credit quality and diversification limitations on our investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase losses or result in adverse tax consequences.

As of February 27, 2025, we were in compliance with these covenants. However our continued compliance with these covenants depends on many factors, some of which are beyond our control. Accordingly, there are no assurances that we will continue to comply with the covenants in the Credit Agreements. Failure to comply with these covenants would result in a default under our debt arrangements which, if we were unable to obtain a waiver from the applicable creditors, would enable the applicable creditors to accelerate outstanding balances under our debt and terminate their commitments to lend to us. This would be expected to have a material adverse impact on our financial condition and results of operations and place limitations on our operational flexibility.

The Operating Facility also has certain “key man” provisions. For example, it is an event of default if the Advisor is controlled by any person or group other than (i) BlackRock, Inc. or a wholly-owned subsidiary of BlackRock, Inc. or (ii) any two of listed individuals (or any replacement manager or individual reasonably acceptable to the administrative agent and approved by the required lenders), provided that if the Advisor is no longer under the control of at least two of such four individuals (or their previously approved replacements) through an event resulting in the death or disability of such individuals, the Advisor has 60 calendar days to replace such individuals with other managers or individuals reasonably acceptable to the administrative agent and approved by the required lenders, provided further that a default (but not an event of default) shall be deemed to exist during such period.

The Funding Facility II matures on August 4, 2027, subject to extension by the lender at the request of TCPC Funding II, the Merger Sub Facility matures on September 6, 2028, and the Operating Facility matures on August 1, 2029, subject to extension by the lenders at the request of SVCP. Any inability to renew, extend or replace the Funding Facility II, the Merger Sub Facility and/or the Operating Facility could adversely impact our liquidity and ability to find new investments or maintain distributions to our shareholders.

Funding Facility II matures on August 4, 2027, subject to extension by the lender at the request of TCPC Funding II. Borrowings under the Funding Facility II generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.15%, plus a margin of 2.05%, subject to certain funding requirements, plus an administrative fee of 0.15% per annum. The Merger Sub Facility matures on September 6, 2028. Borrowings under the Merger Sub Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10%, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain

limitations. The Operating Facility matures on August 1, 2029, subject to extension by the lenders at the request of SVCP. Borrowings under the Operating Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10% for one month contracts and 0.15% for three month contracts, respectively, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain limitations.

We do not currently know whether we will renew, extend or replace the Credit Facilities upon their maturities or whether we will be able to do so on terms that are as favorable as the Credit Facilities. In addition, we will be required to liquidate assets to repay amounts due under the Credit Facilities if we do not renew, extend or replace the Credit Facilities prior to their respective maturities.

Upon the termination of the Credit Facilities, there can be no assurance that we will be able to enter into a replacement facility on terms that are as favorable to us, if at all. Our ability to replace the Credit Facilities may be constrained by then-current economic conditions affecting the credit markets. In the event that we are not able to replace the Credit Facilities at the time of their maturity, this could have a material adverse effect on our liquidity and ability to fund new investments, our ability to make distributions to our shareholders and our ability to qualify as a RIC.

The creditors under the Credit Facilities have a first claim on all of the Company’s assets included in the collateral for the respective facilities.

Lenders have fixed dollar claims on our assets that are superior to the claims of our common shareholders. Substantially all of our current assets have been pledged as collateral under the Credit Facilities. If an event of default occurs under any of the Credit Facilities, the respective lenders would be permitted to accelerate amounts due under the respective facilities and liquidate our assets to pay off amounts owed under the respective facilities and limitations would be imposed on us with respect to the purchase or sale of investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase our losses or result in adverse tax consequences.

In the event of the dissolution of the Company or otherwise, if the proceeds of the Company’s assets (after payment in full of obligations to any such debtors) are insufficient to repay capital invested in us by the holders of the common stock, no other assets will be available for the payment of any deficiency. None of our Board of Directors, the Advisor or any of their respective affiliates, have any liability for the repayment of capital contributions made to the Company by the holders of common stock. Holders of common stock could experience a total loss of their investment in the Company.

Lenders under the Operating Facility may have a veto power over the Company’s investment policies.

If a default has occurred under the Operating Facility, the lenders under the Operating Facility may veto changes in investment policies. The Operating Facility and the Merger Sub Facility also has certain limitations on unusual types of investments such as commodities, real estate and speculative derivatives, which are not part of the Company’s investment strategy or policies in any event.

The SBIC may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax.

In order for us to continue to qualify for RIC tax treatment and to minimize corporate-level taxes, we will be required to distribute substantially all of our net ordinary income and net capital gain income, including income from certain of our subsidiaries, which includes the income from the SBIC. We will be partially dependent on the SBIC for cash distributions to enable us to meet the RIC distribution requirements. The SBIC may be limited by the Small Business Investment Act of 1958, and SBA regulations governing SBICs, from making certain distributions to us that may be necessary to enable us to maintain our status as a RIC. We may have to request a waiver of the SBA’s restrictions for the SBIC to make certain distributions to maintain our eligibility for RIC status. We cannot assure you that the SBA will grant such a waiver and if the SBIC is unable to obtain a waiver, compliance with the SBA regulations may result in loss of RIC tax treatment and a consequent imposition of an entity-level tax on us.

The SBIC is subject to SBA regulations, and any failure to comply with SBA regulations could have an adverse effect on our operations.

On April 22, 2014, the SBIC received an SBIC license from the SBA. The SBIC license allows the SBIC to obtain leverage by issuing SBA-guaranteed debentures, subject to the issuance of a capital commitment by the SBA and other customary procedures. SBA-guaranteed debentures are non-recourse, interest only debentures with interest payable semi-annually and have a ten year maturity. The principal amount of SBA-guaranteed debentures is not required to be paid prior to maturity but may be prepaid at any time without penalty. The interest rate of SBA-guaranteed debentures is fixed on a semi-annual basis at a market-driven spread over U.S. Treasury Notes with 10-year maturities. The SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event

we liquidate the SBIC or the SBA exercises its remedies under the SBA-guaranteed debentures issued by the SBIC upon an event of default.

Under current SBA regulations, a licensed SBIC can provide capital to those entities that have a tangible net worth not exceeding $24 million and an average annual net income after Federal income taxes not exceeding $8.0 million for the two most recent fiscal years. In addition, a licensed SBIC must devote 25% of its investment activity to those entities that have a tangible net worth not exceeding $6.0 million and an average annual net income after Federal income taxes not exceeding $2.0 million for the two most recent fiscal years. The SBA regulations also provide alternative size standard criteria to determine eligibility, which depend on the industry in which the business is engaged and are based on factors such as the number of employees and gross sales. The SBA regulations permit licensed SBICs to make long term loans to small businesses, invest in the equity securities of such businesses and provide them with consulting and advisory services. The SBA also places certain limitations on the financing terms of investments by SBICs in portfolio companies and prohibits SBICs from providing funds for certain purposes or to businesses in a few prohibited industries. Compliance with SBA requirements may cause the SBIC to forego attractive investment opportunities that are not permitted under SBA regulations.

Further, the SBA regulations require that a licensed SBIC be periodically examined and audited by the SBA to determine its compliance with the relevant SBA regulations. The SBA prohibits, without prior SBA approval, a “change of control” of an SBIC or any transfers of the capital stock of a licensed SBIC. If the SBIC fails to comply with applicable SBA regulations, the SBA could, depending on the severity of the violation, limit or prohibit its use of debentures, declare outstanding debentures immediately due and payable, and/or limit it from making new investments. In addition, the SBA can revoke or suspend a license for willful or repeated violation of, or willful or repeated failure to observe, any provision of the Small Business Investment Act of 1958 or any rule or regulation promulgated thereunder. The Advisor, as the SBIC’s investment adviser, does not have any previous experience managing an SBIC. Its limited experience in complying with SBA regulations may hinder its ability to take advantage of the SBIC’s access to SBA-guaranteed debentures. Any failure to comply with SBA regulations could have an adverse effect on our operations.

SBA regulations limit the outstanding dollar amount of SBA-guaranteed debentures that may be issued by an SBIC or group of SBICs under common control.

The SBA regulations currently limit the dollar amount of SBA-guaranteed debentures that can be issued by any one SBIC to $175.0 million or to a group of SBICs under common control to $350.0 million.

An SBIC may not borrow an amount in excess of two times (and in certain cases, up to three times) its regulatory capital. As of December 31, 2024, the SBIC had $131.5 million in SBA-guaranteed debentures outstanding. If we reach the maximum dollar amount of SBA-guaranteed debentures permitted, and if we require additional capital, our cost of capital may increase, and there is no assurance that we will be able to obtain additional financing on acceptable terms.

Moreover, the current status of the SBIC as an SBIC does not automatically assure that the SBIC will continue to receive SBA-guaranteed debenture funding. Receipt of SBA leverage funding is dependent upon the SBIC continuing to be in compliance with SBA regulations and policies and available SBA funding. The amount of SBA leverage funding available to SBICs is dependent upon annual Congressional authorizations and in the future may be subject to annual Congressional appropriations. There can be no assurance that there will be sufficient debenture funding available at the times desired by the SBIC.

The debentures guaranteed by the SBA have a maturity of ten years and require semi-annual payments of interest. The SBIC will need to generate sufficient cash flow to make required interest payments on the debentures. If the SBIC is unable to meet their financial obligations under the debentures, the SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event we liquidate the SBIC or the SBA exercises its remedies under such debentures as the result of a default by us.

The disposition of our investments may result in contingent liabilities.

Most of our investments will involve private securities. In connection with the disposition of an investment in private securities, we may be required to make representations about the business and financial affairs of the portfolio company typical of those made in connection with the sale of a business. We may also be required to indemnify the purchasers of such investment to the extent that any such representations turn out to be inaccurate or with respect to certain potential liabilities. These arrangements may result in contingent liabilities that ultimately yield funding obligations that must be satisfied through our return of certain distributions previously made to us. As of December 31, 2024, the Company is not aware of any contingent liabilities.

Incurring additional indebtedness could increase the risk in investing in shares of our common stock.

As a BDC regulated under the 1940 Act, we are generally required to maintain a certain asset coverage for senior securities representing indebtedness (i.e., debt) or stock (i.e., preferred stock).

Following receipt of the necessary shareholder and Board approvals, effective February 9, 2019, the minimum asset coverage ratio requirement was reduced from 200% to 150%, pursuant to Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act (the "SBCAA") (i.e., from a 1:1 debt to equity ratio to a 2:1 debt to equity ratio). Therefore, we may be able to issue an increased amount of senior securities and incur additional indebtedness in the future and, therefore, your risk of an investment in shares of our common stock may increase.

If our asset coverage falls below the required limit, we will not be able to incur additional debt until we are able to comply with the asset coverage applicable to us. This could have a material adverse effect on our operations, and we may not be able to make distributions to shareholders. The actual amount of leverage that we employ will depend on our and our Board of Directors’ assessment of market and other factors at the time of any proposed borrowing. We cannot assure you that we will be able to obtain credit at all or on terms acceptable to us.

We have indebtedness outstanding pursuant to the Leverage Program and expect, in the future, to borrow additional amounts under the Credit Facilities and may increase the size of the Credit Facilities or enter into other borrowing arrangements.

In the case of a liquidation event, those lenders would receive proceeds before our shareholders. In addition, borrowings, also known as leverage, magnify the potential for gain or loss on amounts invested and, therefore, increase the risks associated with investing in our common stock. Leverage is generally considered a speculative investment technique. If the value of our assets increases, then leveraging would cause the net asset value attributable to our common stock to increase more than it otherwise would have had we not leveraged. Conversely, if the value of our assets decreases, leveraging would cause the net asset value attributable to our common stock to decline more than it otherwise would have had we not leveraged. Similarly, any increase in our revenue in excess of interest expense on our borrowed funds would cause our net income to increase more than it would without the leverage. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. Our ability to service any debt that we incur depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures.

Illustration. The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2024, which represented borrowings equal to 58.6% of our total assets. On such date, we also had $1,923.0 million in total assets; $1,794.8 million in total investments; an average cost of funds of 5.19% based on contractual terms at December 31, 2024; $1,126.3 million aggregate principal amount of debt outstanding; and $785.1 million of total net assets. In order to compute the “Corresponding Return to Common Shareholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2024 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 5.19% by the $1,126.3 million of debt) is subtracted to determine the return available to shareholders. The return available to shareholders is then divided by the total value of our net assets at December 31, 2024 to determine the “Corresponding Return to Common Shareholders.” Actual interest payments may vary.

 

Assumed Return on Portfolio (Net of Expenses
   Other than Interest)

 

 

(10

)%

 

 

(5

)%

 

 

—

%

 

 

5

%

 

 

10

%

Corresponding Return to Common Shareholders

 

 

(30

)%

 

 

(19

)%

 

 

(7

)%

 

 

4

%

 

 

15

%

 

The assumed portfolio return in the table is based on SEC regulations and is not a prediction of, and does not represent, our projected or actual performance. The table also assumes that we will maintain a constant level of leverage. The amount of leverage that we use will vary from time to time.

The lack of liquidity in our investments may adversely affect our business.

We make investments in private companies. A portion of these investments may be subject to legal and other restrictions on resale, transfer, pledge or other disposition or will otherwise be less liquid than publicly traded securities. The illiquidity of our investments may make it difficult for us to sell such investments if the need arises. In addition, if we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the value at which we have previously recorded our investments. In addition, we face other restrictions on our ability to liquidate an investment in a business entity to the extent that we or the Advisor has or could be deemed to have material non-public information regarding such business entity.

A substantial portion of our portfolio investments are recorded at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors and, as a result, there may be uncertainty regarding the value of our portfolio investments.

The debt and equity investments that we make for which market quotations are not readily available will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee approves in good faith the valuation of such securities. 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 our investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material. Our net asset value could be adversely affected if determinations regarding the fair value of these investments were materially higher than the values ultimately realized upon the disposal of such investments.

Our use of borrowed funds to make investments exposes us to risks typically associated with leverage.

We borrow money and may issue additional debt securities or preferred stock to leverage our capital structure. As a result:

•
our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
•
adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of any leverage;
•
such securities are governed by an indenture or other instrument containing covenants restricting our operating flexibility;
•
we, and indirectly our shareholders, bear the cost of issuing and paying interest or making distributions on such securities;
•
any convertible or exchangeable securities that we issue may have rights, preferences and privileges more favorable than those of our common stock; and
•
our ability to make distributions on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness or preferred stock may not be available for such distributions.

A portion of our distributions to shareholders may include a return of shareholder capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. A portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered non-taxable distributions and serve to reduce the basis of our shares in the hands of the shareholders rather than being currently taxable, and as a result of the reduction of the basis of our shares, shareholders may incur additional capital gains taxes or may have lower capital losses.

We may have difficulty paying our required distributions if we recognize income before or without receiving cash representing such income.

In accordance with U.S. GAAP and tax regulations, we include in income certain amounts that we have not yet received in cash, such as PIK interest, which represents contractual interest added to the loan balance and due at the end of the loan term. The increases in loan balances as a result of contracted PIK arrangements are included in income for the period in which such PIK interest was received, which is often in advance of receiving cash payment. We also may be required to include in income certain other amounts that we will not receive in cash. Any warrants that we receive in connection with our debt investments are generally valued as part of the negotiation process with the particular portfolio company. As a result, a portion of the aggregate purchase price for the debt investments and warrants are allocated to the warrants that we receive. This will generally result in “original issue discount,” or OID, for tax purposes, which we must recognize as ordinary income, increasing the amounts we are required to distribute to qualify for the federal income tax benefits applicable to RICs. Because such original issue discount income would not be accompanied by cash, we would need to obtain cash from other sources to satisfy such distribution requirements. If we are unable to obtain cash from other sources to satisfy such distribution requirements, we may fail to qualify for favorable tax treatment as a RIC and, thus, could become subject to a corporate-level income tax on all of our income. Other features of the debt instruments that we hold may also cause such instruments to generate original issue discount, resulting in a distribution requirement in excess of current cash received. Similarly, newly enacted tax legislation contains rules that may in certain other circumstances require the recognition of non-cash taxable income or may limit the deductibility of certain of our cash expenses. Since in certain cases we may recognize income before or without receiving cash representing such income or may be subject to limitations on the deductibility of cash expenses, we may have difficulty meeting the requirement to distribute at least 90% of our net ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. If we are unable to meet these distribution requirements, we will not qualify for favorable tax treatment as a RIC or, even if such distribution requirements are satisfied, we may be subject to tax on the amount that is undistributed. Accordingly, we may have to sell some of our

assets, raise additional debt or equity capital or reduce new investment originations to meet these distribution requirements and avoid tax.

To the extent OID and PIK interest constitute a portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income.

Our investments may include OID instruments and PIK interest arrangements, which represents contractual interest added to a loan balance and due at the end of such loan’s term. To the extent OID or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following:

•
The higher interest rates of OID and PIK instruments reflect the payment deferral and increased credit risk associated with these instruments, and OID and PIK instruments generally represent a significantly higher credit risk than coupon loans.
•
Even if the accounting conditions for income accrual are met, the borrower could still default when our actual collection is supposed to occur at the maturity of the obligation.
•
OID and PIK instruments may have unreliable valuations because their continuing accruals require continuing judgments about the collectability of the deferred payments and the value of any associated collateral. OID and PIK income may also create uncertainty about the source of our cash distributions.
•
For accounting purposes, any cash distributions to shareholders representing OID and PIK income are not treated as coming from paid-in capital, even if the cash to pay them comes from offering proceeds. As a result, despite the fact that a distribution representing OID and PIK income could be paid out of amounts invested by our shareholders, the 1940 Act does not require that shareholders be given notice of this fact by reporting it as a return of capital.
•
PIK interest has the effect of generating investment income at a compounding rate, thereby further increasing the Incentive Fees payable to the Advisor. Similarly, all things being equal, the deferral associated with PIK interest also decreases the loan-to-value ratio at a compounding rate.

Any unrealized losses we experience on our investment portfolio may be an indication of future realized losses, which could reduce our income available for distribution.

Decreases in the market values or fair values of our investments will be recorded as unrealized depreciation. Any unrealized losses in our investment portfolio could be an indication of a portfolio company’s inability to meet its repayment obligations to us with respect to the affected investments. This could result in realized losses in the future and ultimately in reductions of our income available for distribution in future periods.

We may be unable to realize the benefits anticipated by the Merger, including estimated cost savings, or it may take longer than anticipated to achieve such benefits.

The realization of certain benefits anticipated as a result of the Merger will depend in part on our ability to realize estimated cost savings. It is possible that our estimates of the potential Merger-related cost savings ultimately could be incorrect. If our estimates turn out to be incorrect, the anticipated cost savings may not be fully realized or realized at all or may take longer to realize than expected.

Our Advisor and its affiliates and employees may have certain conflicts of interest.

As a global provider of investment management, risk management and advisory services to institutional and retail clients, BlackRock, the Advisor and their respective affiliates (for purposes of this discussion of potential conflicts, the “BlackRock Entities”), engage in a broad spectrum of activities, including sponsoring and managing a variety of public and private investment funds, funds of funds and separate accounts across fixed income, liquidity, equity, alternative investment and real estate strategies; providing financial advisory services; providing technology infrastructure and analytics under the BlackRock Solutions® brand and engaging in certain broker-dealer activities and other activities. Although the relationships and activities of the BlackRock Entities should help enable these entities to offer attractive opportunities and services to the Company, such relationships and activities create certain inherent actual and potential conflicts of interest. In the ordinary course of business, the BlackRock Entities engage in activities where their interests or the interests of their clients may conflict with the interests of the Company, certain investors or a group of investors, or the Company’s investments. The following discussion enumerates certain potential and actual conflicts of interest.

Allocation of Investment Opportunities. The BlackRock Entities manage and advise numerous accounts for clients around the world, such as registered and unregistered funds and owners of separately managed accounts (collectively, “Client Accounts”). Client Accounts include funds and accounts in which the BlackRock Entities or their personnel have an interest (“BlackRock Accounts”). Certain of

these Client Accounts have investment objectives, and utilize investment strategies, that are similar to the Company’s. As a result, certain investments may be appropriate for the Company and also for other Client Accounts. The BlackRock Entities’ allocation of investment opportunities among various Client Accounts presents inherent potential and actual conflicts of interest, particularly where an investment opportunity is limited. These potential conflicts are exacerbated in situations where BlackRock is entitled to higher fees and incentive compensation from certain Client Accounts than from other Client Accounts (including the Company), where the portfolio managers making an allocation decision are entitled to an incentive fee, carried interest or other similar compensation from such other Client Accounts, or where there are differences in proprietary investments in the Company and other Client Accounts. The prospect of achieving higher compensation or greater investment return from another investment vehicle or separate account than from the Company provides incentives for the Advisor or other BlackRock Entities to favor the other investment vehicle or separate account over the Company when, for example, allocating investment opportunities that the Advisor believes could result in favorable performance. It is the policy of BlackRock not to make decisions based on the foregoing interests or greater fees or compensation.

Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be an affiliate of the Company for purposes of the 1940 Act and the Company is generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of the Independent Directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an order providing an exemption from certain SEC regulations prohibiting transactions with affiliates (the “Order”). The Order requires that certain procedures be followed prior to making an investment subject to the Order and such procedures could in certain circumstances adversely affect the price paid or received by the Company or the availability or size of the position purchased or sold by the Company. The Advisor may also face conflicts of interest in making investments pursuant to the Order.

The 1940 Act also prohibits certain “joint” transactions with certain of the Company’s affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of the Independent Directors and, in some cases, of the SEC. The Company is prohibited from buying or selling any security from or to any person who owns more than 25% of the Company’s voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit the Company’s ability to transact business with its officers or directors or their affiliates.

To address actual and potential conflicts associated with allocation of investments, BlackRock has developed an investment allocation policy (the “Investment Allocation Policy”) and related guidelines. In addition, certain BlackRock Entities and business units have supplemental allocation policies for making allocation decisions among Client Accounts managed by such BlackRock Entities (together with the Investment Allocation Policy and related guidelines, the “Allocation Policy”). The Allocation Policy is intended to ensure that investment opportunities are allocated on a fair and equitable basis among Client Accounts over time, taking into account various factors including the Client Account’s investment objective, guidelines and restrictions and other portfolio construction considerations; available capital and liquidity needs; tax, regulatory and contractual considerations; risk or investment concentration parameters; supply or demand for a security at a given price level; size of available investment; unfunded capital commitments or cash availability and liquidity requirements; leverage limitations; regulatory restrictions; contractual restrictions (including with other clients); minimum investment size; relative size; and such other factors as may be relevant to a particular transaction or Client Account. The BlackRock Entities reserve the right to allocate investment opportunities appropriate for the investment objectives of the Company and other Client Accounts in any other manner deemed fair and equitable by the BlackRock Entities consistent with the Allocation Policy, the Order and applicable law. The application of the Allocation Policy, the Order and the foregoing considerations may result in a particular Client Account, including the Company, not receiving an allocation of an investment opportunity that has been allocated to other Client Accounts following the same or similar strategy, or receiving a smaller allocation than other Client Accounts or an allocation on an other than pro rata basis. Furthermore, as the investment programs of the Company and the other applicable Client Accounts change and develop over time, additional issues and considerations may affect the Allocation Policy and the expectations of the BlackRock Entities with respect to the allocation of investment opportunities to the Company and other Client Accounts. BlackRock and the Advisor reserve the right to change the Allocation Policy and guidelines relating thereto from time to time without the consent of or notice to shareholders, subject to the disclosure requirements of applicable law.

As a general matter, it is expected the Company will participate in investments deemed appropriate for the Company’s strategy and either sourced by the investment personnel directly responsible for managing the Company (though investments sourced by such personnel may also be allocated to other Client Accounts that may be managed by other investment teams) or made available for investment by the Company pursuant to the terms of the Order.

Allocation of Expenses. Side-by-side management by the BlackRock Entities of the Company and Client Accounts raises other potential and actual conflicts of interest, including those associated with allocating expenses attributable to the Company and one or more other Client Accounts. The Advisor and its affiliates will attempt to make such allocations on a basis that they consider to be fair

and equitable to the Company under the circumstances over time and considering such factors as it deems relevant. The allocations of such expenses may not be proportional, and any such determinations involve inherent matters of discretion, e.g., in determining whether to allocate pro rata based on number of Client Accounts or proportionately in accordance with asset size, or in certain circumstances determining whether a particular expense has a greater benefit to the Company, other Client Accounts or the Advisor and/or its affiliates.

Activities of Other Client Accounts. The BlackRock Entities will, from time to time, be actively engaged in transactions on behalf of other Client Accounts in the same investments, securities, derivatives and other instruments in which the Company will directly or indirectly invest. Trading for certain other Client Accounts is carried out without reference to positions held directly or indirectly by the Company and may have an effect on the value or liquidity of the positions so held or may result in another Client Account having an interest in an issuer adverse to that of the Company.

Under certain circumstances and subject to the Order and applicable law, the Company may invest directly or indirectly in a transaction in which one or more other Client Accounts are expected, or seek, to participate or already have made, or concurrently will make or seek to make, an investment. The Company and the other Client Accounts may have conflicting interests and objectives in connection with such investments, including with respect to views on the operations or activities of the project or company involved, the targeted returns from the investment and the timeframe for, and method of, exiting the investment. For example, the Advisor’s decisions on behalf of other Client Accounts to sell, redeem from or otherwise liquidate a security in which the Company is invested may adversely affect the Company, including by causing such investment to be less liquid or more concentrated, or by causing the Company to no longer participate in a controlling position in the investment or to lose the benefit of certain negotiated terms, including, without limitation, fee discounts. Conflicts will also arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, including circumstances in which one or more Client Accounts may own private securities or obligations of an issuer and other Client Accounts may own public securities of the same issuer. If an issuer in which the Company, directly or indirectly, and one or more other Client Accounts hold different classes of securities (or other assets, instruments or obligations issued by such issuer) encounters financial problems, decisions over the terms of any workout will raise potential conflicts of interests (including, for example, conflicts regarding the terms of recapitalizations and proposed waivers, amendments or enforcement of debt covenants). As a result, one or more Client Accounts may pursue or enforce rights with respect to a particular issuer in which the Company has directly or indirectly invested, and those activities may have an adverse effect on the Company. Because of the different legal rights associated with debt and equity of the same portfolio company, BlackRock expects to face a potential conflict of interest in respect of the advice given to, and the actions taken on behalf of, the Company versus another Client Account (e.g., the terms of debt instruments, the enforcement of covenants, the terms of recapitalizations and the resolution of workouts or bankruptcies). For example, if the Company holds debt securities of an issuer and a Client Account directly or indirectly holds equity securities of the same issuer, then, if the issuer experiences financial or operational challenges, the Company may seek a liquidation of the issuer in which it may be paid in full, whereas the Client Account, as a direct or indirect equity holder, might prefer a reorganization that holds the potential to create value for the equity holders. Similarly, if additional capital is necessary as a result of financial or other difficulties, or to finance growth of other opportunities, subject to the Order and applicable law and regulation, a Client Account may not provide such additional capital and the Company may do so, or vice versa. In the event of an insolvency, bankruptcy or similar proceeding of an issuer, the Company may be limited (by applicable law, courts or otherwise) in the positions or actions it may be permitted to take due to other interests held or actions or positions taken by other Client Accounts. In negotiating the terms and conditions of any such investments, or any subsequent amendments or waivers, the Advisor and the other BlackRock Entities may find that their own interests, the interests of the Company and/or the interests of one or more other Client Accounts could conflict. Any of the foregoing conflicts of interest will be discussed and resolved on a case-by-case basis. The resolution of such conflicts will take into consideration the interests of the relevant parties, the circumstances giving rise to the conflict, the Order to the extent applicable and applicable law. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the Company and that the Company could be adversely affected by the actions taken by BlackRock Entities on behalf of Client Accounts.

In order to avoid or reduce the conflicts that may arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, or for other reasons, the Company may choose not to invest in issuers in which other Client Accounts hold an existing investment, even if the Advisor believes such investment opportunity to be attractive and otherwise appropriate for the Company and is permitted under applicable law and regulation, which may adversely affect the performance of the Company.

Other transactions by one or more Client Accounts also may have the effect of diluting the values or prices of investments held directly or indirectly by the Company or otherwise disadvantaging the Company. This may occur when portfolio decisions regarding the Company are based on research or other information that is also used to support portfolio decisions for other Client Accounts. When a BlackRock Entity implements a portfolio decision or strategy on behalf of a Client Account other than the Company ahead of, or contemporaneously with, similar portfolio decisions or strategies for the Company (whether or not the portfolio decisions emanate from the same research analysis or other information), market impact, liquidity constraints or other factors could result in the Company receiving less favorable investment results, and the cost of implementing such portfolio decisions or strategies for the Company could increase, or the Company could otherwise be disadvantaged.

Additionally, if the Company makes an investment in a portfolio company in conjunction with an investment made by another Client Account, the Company may not invest through the same investment vehicles, have the same access to credit or employ the same hedging or investment strategies as such other Client Account. This likely will result in differences in investment cost, investment terms, leverage and associated expenses between the Company and any other Client Account. There can be no assurance that the Company and the other Client Accounts will exit the investment at the same time or on the same terms, and there can be no assurance that the Company’s return on such an investment will be the same as the returns achieved by any other Client Accounts participating in the transactions. Given the nature of these conflicts, there can be no assurance that the resolution of these conflicts will be beneficial to the Company.

The BlackRock Entities may also, in certain circumstances and subject to the Order and applicable law and regulation, pursue or enforce rights or take other actions with respect to a particular issuer or investment jointly on behalf of the Company and other Client Accounts. In such circumstances, the Company may be adversely impacted by the other Client Accounts’ activities, and transactions for the Company may be impaired or effected at prices or terms that may be less favorable than would otherwise have been the case had the other Client Accounts not pursued a particular course of action with respect to the issuer or investment. For example, one or more Client Accounts may dispose of or make an in kind distribution of its portion of an investment that is also held by the Company and other Client Accounts, and such action may adversely affect the Company and such other Client Accounts that continue to hold such investment.

Conflicts may also arise because portfolio decisions made by the Advisor on behalf of the Company may benefit other BlackRock Entities or Client Accounts, including BlackRock Accounts. For example, subject to the Order and applicable law and regulation, the Company may invest directly or indirectly in the securities, bank loans or other obligations of issuers in which a Client Account has an equity, debt or other interest, or vice versa. In certain circumstances, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment. Further, the Company may also engage in investment transactions that result in other Client Accounts being relieved of obligations or otherwise divesting of investments that the Company also holds or which cause the Company to have to divest certain investments. The purchase, holding and sale of investments by the Company may enhance the profitability of another Client Account’s own investments in and activities with respect to such investments.

Without limiting the generality of the foregoing, the Company may invest, directly or indirectly, in equity of investments or issuers affiliated with the BlackRock Entities or in which a BlackRock Entity or a Client Account has a direct or indirect debt or other interest, or vice versa, and may acquire such equity or debt either directly or indirectly through public or private acquisitions. Such investments may benefit the BlackRock Entities or Client Accounts. In addition, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment.

Moreover, the Advisor’s investment professionals, its senior management and employees serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as the Company. Accordingly, these individuals may have obligations to investors in those entities or funds, the fulfillment of which might not be in the best interests of the Company or shareholders. In addition, certain of the personnel employed by the Advisor or focused on the Company’s business may change in ways that are detrimental to the Company’s business.

Transactions Between Client Accounts. Each of the BlackRock Entities and the Advisor reserve the right to conduct cross trades between the Company and other Client Accounts in accordance with applicable legal and regulatory requirements. The Advisor may cause the Company to purchase securities or other assets from or sell securities or other assets to, or engage in other transactions with, other Client Accounts or vehicles when the Advisor believes such transactions are appropriate and in the participants’ best interest, subject to applicable law and regulation. The Company may enter into “agency cross transactions,” in which a BlackRock Entity may act as broker for the Company and for the other party to the transaction, to the extent permitted under applicable law and regulation and the relevant Client Account governing documents. In such cases, the Advisor and such other Client Accounts or BlackRock Entities, as applicable, may have a potentially conflicting division of loyalties and responsibilities regarding both parties to the transaction. To the extent that any provision of Section 11(a) of the Exchange Act, or any of the rules promulgated thereunder, is applicable to any transactions effected by the Advisor, such transactions will be effected in accordance with the requirements of such provisions and rules.

Proxy Voting. The Board of Directors has delegated to the Advisor discretion with respect to voting and consent rights of the assets of the Company. Consistent with applicable rules under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), BlackRock has adopted and implemented written proxy voting policies and procedures with respect to individual securities held by the Company that are reasonably designed: (i) to ensure that proxies are voted, consistent with its fiduciary obligations, in the best interests of Client Accounts under the circumstances over time; and (ii) to prevent conflicts of interest from influencing proxy voting decisions made on behalf of clients. Nevertheless, when votes are cast in accordance with BlackRock’s proxy voting policy and in a manner that BlackRock believes to be consistent with its fiduciary obligations, actual proxy voting decisions made on behalf of one Client Account

may have the effect of favoring or harming the interests of other Client Accounts, including the Company. Shareholders may receive a copy of BlackRock’s proxy voting policy, upon request, and may also obtain a copy at: http://www.blackrock.com/corporate/en-us/about-us/responsible-investment/responsible-investment-reports.

Investment Terms of Other Client Accounts. The investment terms offered to other Client Accounts or to investors in other Client Accounts with similar investment objectives as the Company may be different than those applicable to our shareholders and may create conflicts. In particular, with respect to investors in other Client Accounts that are managed as dedicated funds or with respect to other Client Accounts investing through separate accounts with similar investment objectives to the Company, information sharing may, to the extent permitted under applicable law and regulation, be more extensive, detailed and timely as compared to information available to our shareholders, and the other Client Accounts’ liquidity may not be subject to the restrictions that apply to our shareholders.

Management of the Company. In connection with the management of the Company, the Board of Directors and/or the Advisor will have the right to make certain determinations on behalf of the Company, in its discretion. Any such determinations may affect shareholders differently and some shareholders may be adversely affected by such determinations by the Board of Directors or Advisor. Shareholders may be situated differently in a number of ways, including being resident of, or organized in, various jurisdictions, being subject to different tax rules or regulatory structures and/or having different internally- or externally-imposed investment policies, restrictions or guidelines. As a result, conflicts of interest may arise in connection with decisions made by the Board of Directors or the Advisor that may be more beneficial for certain shareholders. In making determinations on behalf of the Company, including in structuring and completing investments, the Advisor intends to consider the investment and tax objectives of the Company and the shareholders as a whole, not the investment, tax or other objectives of any shareholder individually.

Subject to applicable law, including the 1940 Act, and the terms of the applicable contracts with the Company, BlackRock Entities may from time to time, and without notice to the Company or shareholders, insource or outsource to third-parties, including parties which are affiliated with BlackRock, certain processes or functions in connection with a variety of services that they provide to the Company in their administrative or other capacities. Such in-sourcing or outsourcing may give rise to potential conflicts of interest.

Limited Access to Information; Information Advantage of Certain BlackRock Clients. As a result of receiving client reports, service on a Client Account’s advisory board, affiliation with the Advisor or otherwise, one or more BlackRock clients may have access to different information regarding the BlackRock Entities’ transactions, strategies or views, and may act on such information in accounts not controlled by the BlackRock Entities, which may have a material adverse effect on the performance of the Company. The Company and its investments may also be adversely affected by market movements or by decreases in the pool of available securities or liquidity arising from purchases and sales by, as well as increases of capital in, and withdrawals of capital from, other Client Accounts and other accounts of BlackRock clients not controlled by BlackRock. These effects can be more pronounced in respect of investments with limited capacity and in thinly traded securities and less liquid markets.

Furthermore, our shareholders’ rights to information regarding the Advisor or the Company generally will be limited to applicable reporting obligations and information requirements under the Exchange Act and applicable state law. It is anticipated that the Advisor and its affiliates will obtain certain types of material information from or relating to the Company’s investments that will not be disclosed to shareholders because such disclosure is prohibited, including as a result of contractual, legal or similar obligations outside of BlackRock’s control. Such limitations on the disclosure of such information may have adverse consequences for shareholders in a variety of circumstances and may make it difficult for a shareholder to monitor the Advisor and its performance.

Advisor Decisions May Benefit BlackRock Entities and BlackRock Accounts. BlackRock Entities may derive ancillary benefits from certain decisions made on behalf of the Company. While the Advisor will make decisions for the Company in accordance with its obligations to manage the Company appropriately, the fees, allocations, compensation and other benefits to the BlackRock Entities (including benefits relating to business relationships of the BlackRock Entities) may be greater as a result of certain portfolio, investment, service provider or other decisions made by the Advisor for the Company than they would have been had other decisions been made which also might have been appropriate for the Company. In addition, BlackRock Entities may invest in Client Accounts and therefore may indirectly derive ancillary benefits from certain decisions made by the Advisor. The Advisor may also make decisions and exercise discretion with respect to the Company that could benefit BlackRock Entities that have invested in the Company.

Temporary Investments in Cash Management Products. Subject to applicable law, the Company may invest, on a temporary basis, in short-term, high-grade assets or other cash management products, including SEC-registered investment funds (open-end or closed-end) or unregistered funds, including any such funds that are sponsored, managed or serviced by advisory BlackRock Entities. In connection with any of these investments, the Company will bear all fees pertaining to the investment, including advisory, administrative or 12b-1 fees, and no portion of any fees otherwise payable by the Company will be offset against fees payable in accordance with any of these investments (i.e., there could be “double fees” involved in making any of these investments which would not arise in connection with a shareholder’s direct investment in such money market or liquidity funds, because a BlackRock Entity could receive fees with respect to both the management of the Company, on one hand, and such cash management products, on the other). In these circumstances, as well as in other circumstances in which any BlackRock Entities receive any fees or other compensation in any form relating to the provision of services, subject to the Company’s Governing Documents, no accounting, repayment to the Company or offset of the Advisory Fee will be required.

Management Responsibilities. The employees and directors of the Advisor or its affiliates are not under any obligation to devote all of their professional time to the affairs of the Company, but will devote such time and attention to the affairs of the Company as BlackRock determines in its discretion is necessary to carry out the operations of the Company effectively. Employees and directors of the Advisor engage in other activities unrelated to the affairs of the Company, including managing or advising other Client Accounts, which presents potential conflicts in allocating management time, services and functions among the Company and other Client Accounts. These potential conflicts will be exacerbated in situations where employees may be entitled to greater incentive compensation or other remuneration from certain Client Accounts than from other Client Accounts (including the Company).

The Advisor may, subject to applicable law, utilize the personnel or services of its affiliates in a variety of ways to make available to the Company BlackRock’s global capabilities. Although the Advisor believes this practice generally is in the best interests of its clients, it is possible that conflicts with respect to allocation of investment opportunities, portfolio execution, client servicing or other matters may arise due to differences in regulatory requirements in various jurisdictions, time differences or other reasons. The Advisor will seek to ameliorate any conflicts that arise and may determine not to utilize the personnel or services of a particular affiliate in circumstances where it believes the potential conflict outweighs the potential benefits.

Investments by Directors, Officers and Employees of BlackRock Entities. The directors, officers and employees of BlackRock Entities are permitted to buy and sell public or private securities, commingled vehicles or other investments held by the Company for their own accounts, or accounts of their family members and in which such BlackRock Entity personnel may have a pecuniary interest, including through accounts (or investments in funds) managed by BlackRock Entities, in accordance with BlackRock’s personal trading policies. As a result of differing trading and investment strategies or constraints, positions taken by BlackRock Entity directors, officers, and employees may be the same as or different from, or made contemporaneously or at different times than, positions taken for the Company.

Such persons and/or investment vehicles they manage also may invest in companies in the same industries as companies in which the Company expects to invest, and may compete with the Company for investment opportunities, and their investments may compete with the Company’s investments.

In addition, BlackRock personnel may serve on the boards of directors of companies in the same industries as companies in which the Company expects to invest, which can give rise to conflicting obligations and interests.

As these situations may involve potential conflicts of interest, BlackRock has adopted policies and procedures relating to personal securities transactions, insider trading and other ethical considerations. These policies and procedures are intended to identify and reduce actual conflicts of interest with clients and to resolve such conflicts appropriately if they do occur.

Issues Relating to the Valuation of Assets. While securities and other property held by the Company generally will be valued by reference to an independent third-party source, in certain circumstances holdings may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors. Moreover, a significant portion of the assets in which the Company may directly or indirectly invest may not have a readily ascertainable market value and, subject to applicable law, may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors.

Potential Restrictions on the Advisor’s Activities on Behalf of the Company. From time to time, the Advisor expects to be restricted from purchasing or selling securities or taking other actions on behalf of the Company because of regulatory and legal requirements applicable to BlackRock Entities, other Client Accounts and/or the Advisor’s internal policies designed to comply with or limit the applicability of, or which otherwise relate to, such requirements. An investment fund not advised by BlackRock Entities may not be subject to the same considerations. There may be periods when the Advisor (on behalf of the Company) may not initiate or recommend certain types of transactions, may limit or delay purchases, may sell or redeem existing investments, forego transactions or other investment opportunities, restrict or limit the exercise of rights (including voting rights), or may otherwise restrict or limit their advice with respect to securities or instruments issued by or related to issuers for which BlackRock Entities are performing advisory or other services. Such policies may restrict the Company’s activities more than required by applicable law. For example, when BlackRock Entities are engaged to provide advisory or risk management services for an issuer, the Company may be prohibited from or limited in purchasing or selling interests of that issuer, particularly in cases where BlackRock Entities have or may obtain material non-public information about the issuer. Similar prohibitions or limitations could also arise if: (i) BlackRock Entity personnel serve as directors or officers of issuers, the securities or other interests of which the Company wishes to purchase or sell, (ii) the Advisor on behalf of the Company participates in a transaction (including a controlled acquisition of a U.S. public company) that results in the requirement to restrict all purchases, sales and voting of equity securities of such target issuer, or (iii) regulations, including portfolio affiliation rules or stock exchange rules, prohibit participation in offerings by an issuer when other Client Accounts have prior holdings of such issuer’s securities or desire to participate in such a public offering, or where other Client Accounts have or may have short positions in such issuer’s securities. However, where permitted by applicable law, and where consistent with the BlackRock Entities’ policies and procedures, the BlackRock Entities may, but are not obligated to, seek to avoid such prohibitions or limitations (such as through the implementation of appropriate information barriers), and in such cases, the Advisor on behalf of the Company may purchase or sell securities or instruments that are issued by such issuers. In addition, certain activities and actions may also be considered to result in reputational risk or disadvantage for the management of the Company and/or for the Advisor and its affiliates, and the Advisor may decline or limit an investment opportunity or dispose of an existing investment as a result.

In addition, in regulated industries and in certain markets, and in certain futures and derivative transactions, there are limits on the aggregate amount of investment by affiliated investors that may not be exceeded without a regulatory filing, the grant of a license or other regulatory or corporate consent. For example, the U.S. Commodity Futures Trading Commission (“CFTC”), the U.S. commodities exchanges and certain non-U.S. exchanges have established limits referred to as “speculative position limits” or “position limits” on the maximum long or short (or, for some commodities, the gross) positions which any person or group of persons may own, hold or control in certain futures or options on futures contracts, and such rules generally require aggregation of the positions owned, held or controlled by related entities. Any such limits may prevent the Company from acquiring positions that might otherwise have been desirable or profitable. Under certain circumstances, the Advisor may restrict a purchase or sale of securities, derivative instruments or other assets on behalf of Client Accounts in anticipation of a future conflict that may arise if such purchase or sale would be made. Any such determination will take into consideration the interests of the relevant Client Accounts, the circumstances that would give rise to the future conflict and applicable law. Such determination will be made on a case by case basis.

Other Services and Activities of the BlackRock Entities. The BlackRock Entities (including the Advisor) will, from time to time, provide financial, consulting and other services to, and receive compensation from, an entity which is the issuer of a security or other investment held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. In addition, the BlackRock Entities (including the Advisor) may purchase property (including securities) from, sell property (including securities) or lend funds to, or otherwise deal with, any entity which is the issuer of a security held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. It is also likely that the Company will have multiple business relationships with and will invest in, engage in transactions with, make voting decisions with respect to, or obtain services from entities for which BlackRock Entities perform or seek to perform certain financial services. Conflicts are expected to arise in connection with the foregoing.

The BlackRock Entities may derive ancillary benefits from providing investment advisory, administrative and other services to the Company, and providing such services to the Company may enhance the BlackRock Entities’ relationships with various parties, facilitate additional business development, and enable the BlackRock Entities to obtain additional business and generate additional revenue.

Potential Restrictions and Issues Relating to Information Held by BlackRock. The Advisor may not have access to information and personnel of all BlackRock Entities, including as a result of informational barriers constructed between different investment teams and groups within BlackRock focusing on alternative investments and otherwise. Therefore, the Advisor may not be able to manage the Company with the benefit of information held by one or more other investment teams and groups within the BlackRock Entities. However, although it is under no obligation to do so, if it is permitted to do so, the Advisor may consult with personnel on other investment teams and in other groups within BlackRock, or with persons unaffiliated with BlackRock, or may form investment policy committees composed of such personnel, and in certain circumstances, personnel of affiliates of the Advisor may have input into, or make determinations regarding, portfolio management transactions for the Company, and may receive information regarding the Advisor’s proposed investment activities for the Company that generally is not available to the public. There will be no obligation on the part of such persons to make available for use by the Company any information or strategies known to them or developed in connection with their own client, proprietary or other activities. In addition, BlackRock will be under no obligation to make available any research or analysis prior to its public dissemination.

The Advisor makes decisions for the Company based on the Company’s investment program. The Advisor from time to time may have access to certain fundamental analysis, research and proprietary technical models developed by BlackRock Entities and their personnel. There will be no obligation on the part of the BlackRock Entities to make available for use by the Company, or to effect transactions on behalf of the Company on the basis of, any such information, strategies, analyses or models known to them or developed in connection with their own proprietary or other activities. In certain cases, such personnel will be prohibited from disclosing or using such information for their own benefit or for the benefit of any other person, including the Company and other Client Accounts. In other cases, fundamental analyses, research and proprietary models developed internally may be used by various BlackRock Entities and their personnel on behalf of different Client Accounts, which could result in purchase or sale transactions in the same security at different times (and could potentially result in certain transactions being made by one portfolio manager on behalf of certain Client Accounts before similar transactions are made by a different portfolio manager on behalf of other Client Accounts), or could also result in different purchase and sale transactions being made with respect to the same security. The Advisor may also effect transactions for the Company that differ from fundamental analysis, research or proprietary models issued by the BlackRock Entities or by the Advisor itself in various contexts. The foregoing transactions may negatively impact the Company and its direct and indirect investments through market movements or by decreasing the pool of available securities or liquidity, which effects can be more pronounced in thinly traded securities and less liquid markets.

The BlackRock Entities and different investment teams and groups within the Advisor have no obligation to seek information or to make available to or share with the Company any third-party manager with which the Company invests any information, research, investment strategies, opportunities or ideas known to BlackRock Entity personnel or developed or used in connection with other clients or activities. The BlackRock Entities and different investment teams and groups within the Advisor may compete with the Company or any third-party manager with which the Company invests for appropriate investment opportunities on behalf of their other Client Accounts. The results of the investment activities of the Company may differ materially from the results achieved by BlackRock Entities for other Client Accounts. BlackRock Entities may give advice and take action with respect to other Client Accounts that may compete or conflict with the advice the Advisor may give to the Company, including with respect to their view of the operations or activities of an investment, the return of an investment, the timing or nature of action relating to an investment or the method of exiting an investment.

BlackRock Entities may restrict transactions for themselves, but not for the Company, or vice versa. BlackRock Entities and certain of their personnel, including the Advisor’s personnel or other BlackRock Entity personnel advising or otherwise providing services to the Company, may be in possession of information not available to all BlackRock Entity personnel, and such personnel may act on the basis of such information in ways that have adverse effects on the Company. The Company could sustain losses during periods in which BlackRock Entities and other Client Accounts achieve significant profits.

Material, Non-Public Information. The Advisor and its personnel may not trade for the Company or other Client Accounts or for their own benefit or recommend trading in financial instruments of a company while they are in possession of material, non-public or price sensitive information (“Inside Information”) concerning such company, or disclose such Inside Information to any person not entitled to receive it. The BlackRock Entities (including the Advisor) may have access to Inside Information. The Advisor has instituted an internal information barrier policy designed to prevent securities laws violations based on access to Inside Information. Accordingly, there may be certain cases where the Advisor may be restricted from effecting purchases and/or sales of interests in securities or other financial instruments, or entering into certain transactions or exercising certain rights under such transactions on behalf of the Company and/or the other Client Accounts. There can be no assurance that the Advisor will not receive Inside Information and that such restrictions will not occur. At times, the Advisor, in an effort to avoid restriction for the Company or the other Client Accounts, may elect not to receive Inside Information, which may be relevant to the Company’s portfolio, that other market participants are eligible to receive or have received and could affect decisions that would have otherwise been made.

Any partner, officer or employee of the BlackRock Entities may serve as an officer, director, advisor or in comparable management functions for the investments of other Client Accounts, and any such person may obtain Inside Information in connection therewith, or in connection with such partner’s, officer’s or employee’s other activities in the financial markets. In an effort to manage possible risks arising from the internal sharing of material non-public information, BlackRock maintains a list of restricted securities with respect to which it has access to material non-public information and in which Client Accounts are restricted from trading. If partners, officers or employees of BlackRock obtain such material nonpublic information about a portfolio company which is an investment of a Client Account, the Company may be prohibited by law, policy or contract, for a period of time, from (i) unwinding a position in such company, (ii) establishing an initial position or taking any greater position in such company and/or (iii) pursuing other investment opportunities, which could impact the returns to the Company. In addition, in certain circumstances, particularly during the liquidation of a Client Account, the Company may be prohibited from trading a position that it holds, directly or indirectly, in the Client Account because BlackRock determines that one or more partners, officers or employees of BlackRock holds material non-public information with respect to one or more remaining positions held by the Client Account.

Transactions with Certain Shareholders. The Company is permitted to enter into transactions with certain shareholders, subject to applicable law. For example, the Advisor may be presented with opportunities to receive financing and/or other services in connection with the Company’s operations and/or the Company’s investments from certain shareholders or their affiliates that are engaged in lending or related business, which subjects the Advisor to conflicts of interest.

The Company’s Use of Investment Consultants and BlackRock’s Relationship with Investment Consultants. Shareholders may work with pension or other institutional investment consultants (collectively, “Investment Consultants”). Investment Consultants provide a wide array of services to pension plans and other institutions, including assisting in the selection and monitoring of investment advisers such as the Advisor. From time to time, Investment Consultants who recommend the Advisor to, and provide oversight of the Advisor for, shareholders may also provide services to or purchase services from the BlackRock Entities. For example, the BlackRock Entities purchase certain index and performance-related databases and human resources-related information from Investment Consultants and their affiliates. The BlackRock Entities also utilize brokerage execution services of Investment Consultants or their affiliates, and BlackRock Entities personnel may attend conferences sponsored by Investment Consultants. Conversely, from time to time, the BlackRock Entities may be hired by Investment Consultants and their affiliates to provide investment management and/or risk management services, creating possible conflicts of interest.

Other Relationships with BlackRock Entities, Clients and Market Participants. The BlackRock Entities have developed, and will in the future develop, relationships with (or may invest in) a significant number of clients and other market participants (e.g., financial institutions, service providers, managers of investment funds, banks, brokers, advisors, joint venturers, consultants, finders (including executive finders), executives, attorneys, accountants, institutional investors, family offices, lenders, current and former employees, and current and former portfolio investment executives, as well as certain family members or close contacts of these persons), including those that may hold or may have held investments similar to the investments intended to be made by the Company, that may themselves represent appropriate investment opportunities for the Company, or that may compete with the Company for investment opportunities. Furthermore, the Advisor generally exercises its discretion to recommend to the Company or to an investment thereof that it contracts for services with such clients and market participants, and/or with other BlackRock Entities. It is difficult to predict the circumstances under which these relationships could become material conflicts for the Company, but it is possible that as a result of such relationships (or agreements with other Client Accounts) the Advisor may refrain from making all or a portion of any investment or a disposition on behalf of the Company, which may materially adversely affect the performance of the Company. Certain of these persons or entities will invest (or will be affiliated with an investor) in, engage in transactions with and/or provide services (including services at reduced rates) to, the BlackRock Entities and/or Client Accounts and/or their affiliates. BlackRock expects to be subject to a potential conflict of interest with the Company in recommending the retention or continuation of a third-party service provider to such Company or a portfolio investment if such recommendation, for example, is motivated by a belief that the service provider or its affiliate(s) will continue to invest in the Company or one or more Client Accounts, will provide the BlackRock Entities information about markets and industries in which the BlackRock Entities operate (or are contemplating operations) or will provide other services that are beneficial to the BlackRock Entities, the Company or one or more Client Accounts. The Advisor expects to be subject to a potential conflict of interest in making such recommendations, in that Advisor has an incentive to maintain goodwill between it and clients and other market participants, while the products or services recommended may not necessarily be the best available or most cost effective to the Company or its investments.

Legal Representation. The Company, as well as the Advisor and/or other BlackRock Entities, have engaged several counsel to represent them. In connection with such representation, counsel has relied upon certain information furnished to them by the Advisor and the BlackRock Entities, and has not investigated or verified the accuracy or completeness of such information. Such counsel’s engagement is limited to the specific matters as to which they are consulted and, therefore, there may exist facts or circumstances that could have a bearing on the Company’s or BlackRock’s financial condition or operations with respect to which counsel has not been consulted and for which they expressly disclaim any responsibility. Counsel has not represented and will not be representing shareholders. No independent counsel has been retained (or is expected to be retained) to represent shareholders. No attorney-client

relationship exists between any counsel and any shareholder solely by such shareholder making an investment in the Company. As a result, shareholders are urged to retain their own counsel.

Resolution of Conflicts. Any conflicts of interest that arise between the Company or particular shareholders, on the one hand, and other Client Accounts or BlackRock Entities or affiliates thereof, on the other hand, will be discussed and resolved on a case-by-case basis by business, legal and compliance officers of the Advisor and its affiliates, as applicable. Any such discussions will take into consideration the interests of the relevant parties and the circumstances giving rise to the conflicts. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the interests of the Company or any affected shareholder. There can be no assurance that any actual or potential conflicts of interest will not result in the Company receiving less favorable investment or other terms with respect to investments, transactions or services than if such conflicts of interest did not exist.

Potential Impact on the Company. It is difficult to predict the circumstances under which one or more of the foregoing conflicts could become material, but it is possible that such relationships could require the Company to refrain from making all or a portion of any investment or a disposition in order for BlackRock to comply with its fiduciary duties, the 1940 Act, the Advisers Act or other applicable law. The Advisor may, under certain circumstances, seek to have conflicts or transactions involving conflicts approved in accordance with the governing agreements of the Company. Copies of Part 2A of the Advisor’s Form ADV, which includes additional detail regarding conflicts of interest that are relevant to BlackRock’s investment management business, are available at www.sec.gov and will be provided to current and prospective shareholders upon request.

The foregoing list of potential and actual conflicts of interest does not purport to be a complete enumeration of the conflicts attendant to an investment in the Company. Additional conflicts may exist that are not presently known to the Advisor, BlackRock or their respective affiliates or are deemed immaterial. Prospective investors should consult with their independent advisors before deciding whether to invest in the Company. In addition, as the investment program of the Company develops and changes over time, an investment in the Company may be subject to additional and different actual and potential conflicts of interest.

Our incentive compensation may induce our Advisor to make certain investments, including speculative investments.

The incentive compensation payable by us to the Advisor may create an incentive for the Advisor to make investments on our behalf that are risky or more speculative than would be the case in the absence of such compensation arrangement. The way in which the incentive compensation is determined may encourage the Advisor to increase the use of leverage or take additional risk to increase the return on our investments. Under certain circumstances, the use of leverage may increase the likelihood of default, which would disfavor the holders of our common stock, or of securities convertible into our common stock or warrants representing rights to purchase our common stock or securities convertible into our common stock. A rise in the general level of interest rates can be expected to lead to higher interest rates applicable to certain of our debt investments and may accordingly result in a substantial increase in the amount of incentive compensation payable to the Advisor with respect to our cumulative investment income. Although the incentive compensation is subject to a total return hurdle, the Advisor may have some ability to accelerate the realization of gains to obtain incentive compensation earlier than it otherwise would when it may be in our best interests to not yet realize gains. Our directors monitor our use of leverage and the Advisor’s management of our investment program in the best interests of our common shareholders.

We may invest, to the extent permitted by law, in the securities and instruments of other investment companies, including private funds, and, to the extent we so invest, we will bear our ratable share of any such investment company’s expenses, including management and performance fees. We will also remain obligated to pay management and incentive compensation to the Advisor with respect to the assets invested in the securities and instruments of other investment companies. With respect to each of these investments, each of our common shareholders will bear his or her share of our management and incentive compensation as well as indirectly bear the management and performance fees and other expenses of any investment companies in which we invest.

We may be obligated to pay the Advisor incentive compensation payments in excess of the amounts we would have paid if such compensation was subject to clawback arrangements.

The Advisor is entitled to incentive compensation for each fiscal quarter after January 1, 2013 in an amount equal to a percentage of our ordinary income (before deducting incentive compensation) since that date and, separately, a percentage of our realized capital gains (net of realized capital losses and unrealized depreciation) since that date, in each case subject to a cumulative total return requirement. If we pay incentive compensation and thereafter experience additional realized capital losses or unrealized capital depreciation such that we would no longer have been required to provide incentive compensation, we will not be able to recover any portion of the incentive compensation previously paid or distributed because our incentive compensation arrangements do not contain any clawback provisions. As a result, the incentive compensation could exceed 17.5% of our cumulative total return, depending on the timing of unrealized appreciation, net unrealized depreciation and net realized capital losses. For example, part of the incentive compensation payable or distributable by us that relates to our ordinary income is computed on income that may include interest that has been accrued but not yet received in cash. If a portfolio company defaults on a loan, it is possible that accrued interest previously

used in the calculation of the incentive compensation will become uncollectible. Similarly, the income component is measured against a total return limitation that includes unrealized gains. Such gains may not be realized or may be realized at a lower amount. Consequently, we may have paid incentive compensation on income in circumstances where we otherwise would not have done so and with respect to which we do not have a clawback right against the Advisor.

Our Advisor’s liability is limited under the investment management agreement, and we are required to indemnify our Advisor against certain liabilities, which may lead our Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

Our Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow our Advisor’s advice or recommendations. Pursuant to the investment management agreement, our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of our Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment and management agreement. These protections may lead our Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

We are dependent upon senior management personnel of the Advisor for our future success; if the Advisor is unable to retain qualified personnel or if the Advisor loses any member of its senior management team, our ability to achieve our investment objective could be significantly harmed.

The success of the Company is highly dependent on the financial and managerial expertise of the Advisor. The loss of one or more of the voting members of the Investment Committee could have a material adverse effect on the performance of the Company. Although the Advisor and the voting members of the Investment Committee devote a significant amount of their respective efforts to the Company, they actively manage investments for other clients and are not required to (and will not) devote all of their time to the Company’s affairs. In addition, in connection with the acquisition of the Advisor by BlackRock in August 2018, certain senior members of the Advisor's investment team and other key advisory personnel were granted retention bonuses. As the last of such retention bonuses have been paid, there may be less economic incentive for certain senior investment team members and certain other key personnel to remain with the Advisor than in prior periods. The loss of key members of the Advisor’s investment team, or a material portion of other key advisory personnel, could have a material adverse effect on the performance of the Company if the Advisor were unable to replace such persons in a timely manner.

The Advisor can resign on 60 days’ notice, and we may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations.

The Advisor has the right, under our investment management agreement, to resign at any time upon not more than 60 days’ written notice, whether we have found a replacement or not. If the Advisor resigns, we may not be able to find a new investment advisor or hire internal management with similar expertise and ability to provide the same or equivalent services on acceptable terms within 60 days, or at all. If we are unable to do so quickly, our operations are likely to experience a disruption, our financial condition, business and results of operations as well as our ability to pay distributions are likely to be adversely affected and the market price of our common stock may decline. In addition, the coordination of our internal management and investment activities is likely to suffer if we are unable to identify and reach an agreement with a single institution or group of executives having the expertise possessed by the Advisor and its affiliates. Even if we are able to retain comparable management, whether internal or external, the integration of such management and their lack of familiarity with our investment objective may result in additional costs and time delays that may adversely affect our financial condition, business and results of operations.

We may in the future determine to fund a portion of our investments by issuing preferred stock, which would magnify the potential gains or losses and the risks of investing in us in the same manner as our borrowings.

Preferred stock, which is another form of leverage, has the same risks to our common shareholders as borrowings because the dividends on any preferred stock we issue must be cumulative. Payment of such dividends and repayment of the liquidation preference of such preferred stock must take preference over any dividends or other payments to our common shareholders and preferred shareholders are not subject to any of our expenses or losses, and are not entitled to participate in any income or appreciation in excess of their stated preference.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

We may experience fluctuations in our periodic operating results.

We could experience fluctuations in our periodic operating results due to a number of factors, including the interest rates payable on the debt securities we acquire, the default rate on such securities, the level of our expenses (including the interest rates payable on our borrowings), the dividend rates payable on preferred stock we issue, variations in and the timing of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in our markets and general economic conditions. As a result of these factors, results for any period should not be relied upon as being indicative of performance in future periods.

If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced.

We qualify as a BDC under the 1940 Act. The 1940 Act imposes numerous constraints on the operations of business development companies. For example, BDCs are prohibited from making any unqualifying investments unless at least 70% of their total assets are invested in qualifying investments which are primarily securities of private or thinly-traded U.S. companies, cash, cash equivalents, U.S. government securities and other high quality debt investments that mature in one year or less. Failure to comply with the requirements imposed on business development companies by the 1940 Act could cause the SEC to bring an enforcement action against us and/or expose us to claims of private litigants. In addition, any such failure could cause an event of default under the Leverage Program, which could have a materially adverse effect on our business, financial conditions or results of operations.

Because we intend to distribute substantially all of our income to our shareholders to maintain our status as a RIC, under the Code we will continue to need additional capital to finance growth. If additional funds are unavailable or not available on favorable terms, our ability to grow will be impaired.

We have elected to be treated for federal income tax purposes as a RIC under Subchapter M of the Code. If we can meet certain requirements, including source of income, asset diversification and distribution requirements, and if we continue to qualify as a BDC, we will continue to qualify to be a RIC under the Code and will not have to pay corporate-level taxes on income we distribute to our shareholders, allowing us to substantially reduce or eliminate our corporate-level tax liability. As a result, we intend to distribute to our shareholders substantially all of our annual taxable income, except that we may retain certain net capital gains for reinvestment in common interests of SVCP, and treat such amounts as deemed distributions to our shareholders. If we elect to treat any amounts as deemed distributions, we must pay income taxes at the corporate rate on such deemed distributions on behalf of our shareholders and our shareholders will receive a tax credit for such amounts and an increase in basis. A shareholder that is not subject to U.S. federal income tax or otherwise is not required to file a U.S. federal income tax return would be required to file a U.S. federal income tax return on the appropriate form in order to claim a refund for the taxes we paid. As a result of these requirements, we will likely need to raise capital from other sources to grow our business. Unfavorable economic or capital market conditions may increase our funding costs, limit our access to the capital markets or could result in a decision by lenders not to extend credit to us. An inability to successfully access the capital markets could limit our ability to grow our business and fully execute our business strategy and could decrease our earnings, if any.

As a BDC, we are not able to incur senior securities unless after giving effect thereto we meet a coverage ratio of total assets, less liabilities and indebtedness not represented by senior securities, to total senior securities, which includes all of our borrowings, of at least 150%. This means that for every $100 of net assets, we may raise $200 from senior securities, such as borrowings or issuing preferred stock. These requirements limit the amount that we may borrow. On July 13, 2015, we obtained exemptive relief from the SEC to permit us to exclude the debt of TCPC SBIC LP guaranteed by the SBA from our 150% asset coverage test under the 1940 Act. The exemptive relief provides us with increased flexibility under the 150% asset coverage test by permitting the SBIC to borrow up to $141.5 million more than it would otherwise be able to absent the receipt of this exemptive relief.

Because we will continue to need capital to grow our investment portfolio, these limitations may prevent us from incurring debt and require us to raise additional equity at a time when it may be disadvantageous to do so. While we expect we will be able to borrow and to issue additional debt securities and expect that we will be able to issue additional equity securities, we cannot assure you that debt and equity financing will be available to us on favorable terms, or at all. In addition, as a BDC, we generally will not be permitted to issue equity securities priced below net asset value without shareholder approval. If additional funds are not available to us, we could be forced to curtail or cease new investment activities and our net asset value or common stock price could decline.

The highly competitive market in which we operate may limit our investment opportunities.

A number of entities compete with us to make the types of investments that we make. We compete with other BDCs, public and private funds, commercial and investment banks, commercial financing companies, and, to the extent they provide an alternative form of financing, private equity funds. Additionally, because competition for investment opportunities generally has increased among alternative investment vehicles, such as hedge funds, those entities now invest in areas in which they have not traditionally invested, including making investments in middle-market private companies. As a result of these new entrants, competition for investment opportunities intensified over the past several years and may intensify further in the future. Some of our existing and potential competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of funds and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than us. Furthermore, many of our competitors are not subject to the regulatory restrictions and valuation requirements that the 1940 Act imposes on us as a BDC and that the Code imposes on us as a RIC. We cannot assure you that the competitive pressures we face will not have a material adverse effect on our business, financial condition and results of operations. Also, as a result of this existing and potentially increasing competition, we may not be able to take advantage of attractive investment opportunities from time to time, and we can offer no assurance that we will be able to identify and make investments that are consistent with our investment objective.

We do not seek to compete primarily based on the interest rates we offer, and we believe that some of our competitors make loans with interest rates that are comparable to or lower than the rates we offer.

We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we match our competitors’ pricing, terms and structure, we may experience decreased net interest income and increased risk of credit loss. As a result of operating in such a competitive environment, we may make investments that are on better terms to our portfolio companies than what we may have originally anticipated, which may impact our return on these investments.

Our Board of Directors may change our investment objective, operating policies and strategies without prior notice or shareholder approval, the effect of which may be adverse.

Our Board of Directors has the authority to modify or waive certain of our investment objective, operating policies and strategies without prior notice and without shareholder approval (except as required by the 1940 Act). However, absent shareholder approval, we may not change the nature of our business so as to cease to be, or withdraw our election as, a BDC. We cannot predict the effect any changes to our current operating policies and strategies would have on our business, operating results or value of our common stock. Nevertheless, the effects could adversely affect our business and impact our ability to make distributions to our shareholders.

BlackRock Acquisition of HPS.

On December 3, 2024, BlackRock entered into an agreement with HPS LLC for BlackRock to acquire 100% of the business and assets of HPS LLC (the “BlackRock/HPS Transaction”). The BlackRock/HPS Transaction remains subject to a number of conditions, including the receipt of certain HPS LLC investor consents, regulatory approvals and satisfaction of other customary closing conditions. There can be no assurances that the BlackRock/HPS Transaction will take place. However, the operation of BlackRock and the Advisor may nonetheless be adversely affected as a result of efforts expended pursuing the completion of the BlackRock/HPS Transaction.

If the BlackRock/HPS Transaction occurs, HPS LLC will be owned by BlackRock. There is no guarantee that BlackRock will be able to successfully maintain and continue to build its business after the BlackRock/HPS Transaction or that BlackRock or the Advisor will be able to successfully optimize their business operations following the completion of the BlackRock/HPS Transaction. In particular, as with any business combination, BlackRock and the Advisor will be subject to substantial risks, including with respect to the long-term retention of key employees, the successful consolidation of corporate, technological and administrative infrastructures and the retention of existing business and operational relationships. It is possible that employees currently involved in the operation of the Advisor may not continue with the Advisor after the BlackRock/HPS Transaction and the operations and business relationships of BlackRock and the Advisor may be disrupted following the BlackRock/HPS Transaction. The integration of HPS LLC into BlackRock will be a complex, costly and time-consuming process and if BlackRock experiences difficulties in this process, the anticipated benefits may not be realized fully or at all, or may take longer to realize than expected, which could have an adverse effect on BlackRock and the Advisor for an undetermined period. There can be no assurances that BlackRock or the Advisor will realize the potential operating efficiencies, synergies and other benefits currently anticipated from the BlackRock/HPS Transaction, and a failure to obtain such synergies may adversely affect the operations of BlackRock or the Advisor. Some of the challenges presented by the integration of the businesses are outside of BlackRock’s control, and any of them could result in delays, increased costs, decreases in the amount of potential synergies and diversion of management’s time and energy, which could materially affect BlackRock or the Advisor. In the

event that the BlackRock/HPS Transaction has an adverse impact on the Advisor, including for the foregoing reasons, our operations and investment results may be adversely affected.

Risks related to our investments

Our investments are risky and highly speculative, and we could lose all or part of our investment.

We invest primarily in middle-market companies primarily through leveraged loans.

Risks Associated with Middle-market Companies. Investing in private middle-market companies involves a number of significant risks, including:

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these companies may have limited financial resources and may be unable to meet their obligations under their debt securities that we hold, which may be accompanied by a deterioration in the value of any collateral;
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they typically have shorter operating histories, narrower product lines and smaller market shares than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns;
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they are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation or termination of one or more of these persons could have a material adverse impact on the portfolio company and, in turn, on us;
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they generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position;
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our executive officers, directors and the Advisor may, in the ordinary course of business, be named as defendants in litigation arising from our investments in the portfolio companies;
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changes in laws and regulations, as well as their interpretations, may adversely affect their respective businesses, financial structures or prospects; and
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they may have difficulty accessing the capital markets to meet future capital needs.

Limited public information exists about private middle-market companies, and we expect to rely on the Advisor’s investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. These companies and their financial information are not subject to the Sarbanes-Oxley Act of 2002 and other rules that govern disclosures and financial controls of public companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and we may lose money on our investment.

Lower Credit Quality Obligations. Most of our debt investments are likely to be in lower grade obligations. The lower grade investments in which we invest may be rated below investment grade by one or more nationally-recognized statistical rating agencies at the time of investment or may be unrated but determined by the Advisor to be of comparable quality. Debt securities rated below investment grade are commonly referred to as “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The debt that we invest in typically is not rated prior to our investment by any rating agency, but we believe that if such investments were rated, they would be below investment grade (rated lower than “Baa3” by Moody’s Investors Service, lower than “BBB-” by Fitch Ratings or lower than “BBB-” by Standard & Poor’s). We may invest without limit in debt of any rating, as well as debt that has not been rated by any nationally recognized statistical rating organization.

Investment in lower grade investments involves a substantial risk of loss. Lower grade securities or comparable unrated securities are considered predominantly speculative with respect to the issuer’s ability to pay interest and principal and are susceptible to default or decline in market value due to adverse economic and business developments. The market values for lower grade debt tend to be very volatile and are less liquid than investment grade securities. For these reasons, your investment in our company is subject to the following specific risks:

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increased price sensitivity to a deteriorating economic environment;
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greater risk of loss due to default or declining credit quality;
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adverse company specific events are more likely to render the issuer unable to make interest and/or principal payments; and
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if a negative perception of the lower grade debt market develops, the price and liquidity of lower grade securities may be depressed. This negative perception could last for a significant period of time.

Adverse changes in economic conditions are more likely to lead to a weakened capacity of a lower grade issuer to make principal payments and interest payments than an investment grade issuer. The principal amount of lower grade securities outstanding has proliferated in the past decade as an increasing number of issuers have used lower grade securities for corporate financing. An economic downturn could severely affect the ability of highly leveraged issuers to service their debt obligations or to repay their obligations upon maturity. Similarly, downturns in profitability in specific industries could adversely affect the ability of lower grade issuers in that industry to meet their obligations. The market values of lower grade debt tend to reflect individual developments of the issuer to a greater extent than do higher quality investments, which react primarily to fluctuations in the general level of interest rates. Factors having an adverse impact on the market value of lower grade debt may have an adverse effect on our net asset value and the market value of our common stock. In addition, we may incur additional expenses to the extent we are required to seek recovery upon a default in payment of principal of or interest on our portfolio holdings. In certain circumstances, we may be required to foreclose on an issuer’s assets and take possession of its property or operations. In such circumstances, we would incur additional costs in disposing of such assets and potential liabilities from operating any business acquired.

The secondary market for lower grade debt is unlikely to be as liquid as the secondary market for more highly rated debt, a factor which may have an adverse effect on our ability to dispose of a particular instrument. There are fewer dealers in the market for lower grade securities than investment grade obligations. The prices quoted by different dealers may vary significantly and the spread between the bid and asked price is generally larger than for higher quality instruments. Under adverse market or economic conditions, the secondary market for lower grade debt could contract further, independent of any specific adverse changes in the condition of a particular issuer, and these instruments may become highly illiquid. As a result, we could find it more difficult to sell these instruments or may be able to sell the securities only at prices lower than if such instruments were widely traded. Prices realized upon the sale of such lower rated or unrated securities, under these circumstances, may be less than the prices used in calculating our net asset value.

Since investors generally perceive that there are greater risks associated with lower grade debt of the type in which we may invest a portion of our assets, the yields and prices of such debt may tend to fluctuate more than those for higher rated instruments. In the lower quality segments of the fixed income markets, changes in perceptions of issuers’ creditworthiness tend to occur more frequently and in a more pronounced manner than do changes in higher quality segments of the income securities market, resulting in greater yield and price volatility.

Distressed Debt Securities Risk. At times, distressed debt obligations may not produce income and may require us to bear certain extraordinary expenses (including legal, accounting, valuation and transaction expenses) in order to protect and recover our investment. Therefore, to the extent we invest in distressed debt, our ability to achieve current income for our shareholders may be diminished. We also will be subject to significant uncertainty as to when and in what manner and for what value the distressed debt we invest in will eventually be satisfied (e.g., through a liquidation of the obligor’s assets, an exchange offer or plan of reorganization involving the distressed debt securities or a payment of some amount in satisfaction of the obligation). In addition, even if an exchange offer is made or plan of reorganization is adopted with respect to distressed debt we hold, there can be no assurance that the securities or other assets received by us in connection with such exchange offer or plan of reorganization will not have a lower value or income potential than may have been anticipated when the investment was made. Moreover, any securities received by us upon completion of an exchange offer or plan of reorganization may be restricted as to resale. As a result of our participation in negotiations with respect to any exchange offer or plan of reorganization with respect to an issuer of distressed debt, we may be restricted from disposing of such securities.

Payment-in-kind Interest Risk. Our loans may contain a payment-in-kind, or PIK, interest provision. PIK investments carry additional risk as holders of these types of securities receive no cash until the cash payment date unless a portion of such securities is sold. If the issuer defaults the Company may obtain no return on its investment. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income. To avoid the imposition of corporate-level tax on us, this non-cash source of income needs to be paid out to shareholders in cash distributions or, in the event that we determine to do so and in certain cases, in shares of our common stock, even though we have not yet collected and may never collect the cash relating to the PIK interest. As a result, we may have to distribute a taxable stock dividend to account for PIK interest even though we have not yet collected the cash.

Preferred Stock Risk. To the extent we invest in preferred securities, there are special risks, including:

Deferral. Preferred securities may include provisions that permit the issuer, at its discretion, to defer distributions for a stated period without any adverse consequences to the issuer. If we own a preferred security that is deferring its distributions, we may be required to report income for tax purposes although we have not yet received such income.

Subordination. Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income and liquidation payments, and therefore will be subject to greater credit risk than more senior debt instruments.

Liquidity. Preferred securities may be substantially less liquid than many other securities, such as common stocks or U.S. Government securities.

Limited Voting Rights. Generally, preferred security holders have no voting rights with respect to the issuing company unless preferred dividends have been in arrears for a specified number of periods, at which time the preferred security holders may elect a number of directors to the issuer’s board. Generally, once all the arrearages have been paid, the preferred security holders no longer have voting rights.

Equity Security Risk. We may have exposure to equity securities. Although equity securities have historically generated higher average total returns than fixed-income securities over the long term, equity securities also have experienced significantly more volatility in those returns. The equity securities that we acquire may fail to appreciate and may decline in value or become worthless.

A trading market or market value of our debt securities may fluctuate.

In the event we issue debt securities, they may or may not have an established trading market. We cannot assure you that a trading market for debt securities will ever develop or be maintained if developed. In addition to our creditworthiness, many factors may materially adversely affect the trading market for, and market value of, debt securities we may issue. These factors include, but are not limited to, the following:

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the time remaining to the maturity of these debt securities;
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the outstanding principal amount of debt securities with terms identical to these debt securities;
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the ratings assigned by national statistical ratings agencies;
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the general economic environment;
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the supply of debt securities trading in the secondary market, if any;
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the redemption or repayment features, if any, of these debt securities;
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the level, direction and volatility of market interest rates generally; and
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market rates of interest higher or lower than rates borne by the debt securities.

You should also be aware that there may be a limited number of buyers if and when you decide to sell your debt securities. This too may materially adversely affect the market value of the debt securities or the trading market for the debt securities.

We may expose ourselves to risks if we engage in hedging transactions.

We may enter into hedging transactions, which could expose us to risks associated with such transactions. We may utilize instruments such as forward contracts and interest rate swaps, caps, collars and floors to seek to hedge against fluctuations in the relative values of our portfolio positions and amounts due under our debt arrangements from changes in market interest rates. Use of these hedging instruments may include counterparty credit risk. Utilizing such hedging instruments does not eliminate the possibility of fluctuations in the values of such positions and amounts due under our debt arrangements or prevent losses if the values of such positions decline. However, such hedging can establish other positions designed to gain from those same developments, thereby offsetting the decline in the value of such portfolio positions. Such hedging transactions may also limit the opportunity for gain if the values of the underlying portfolio positions should increase. Moreover, it may not be possible to hedge against an interest rate fluctuation that is so generally anticipated that we are not able to enter into a hedging transaction at an acceptable price. The Dodd-Frank Act has made broad changes to the OTC derivatives market, granted significant new authority to the CFTC and the SEC to regulate OTC derivatives (swaps and security-based swaps) and participants in these markets. The Dodd-Frank Act is intended to regulate the OTC derivatives market by requiring many derivative transactions to be cleared and traded on an exchange, expanding entity registration requirements, imposing business conduct requirements on dealers and requiring banks to move some derivatives trading units to a non-guaranteed affiliate separate from the deposit-taking bank or divest them altogether. The CFTC has implemented mandatory clearing and exchange-trading of certain OTC derivatives contracts including many standardized interest rate swaps and credit default index swaps. The CFTC continues to approve contracts for central clearing. Exchange-trading and central clearing are expected to reduce counterparty credit risk by substituting the clearinghouse as the counterparty to a swap and increase liquidity, but exchange-trading and central clearing do not make swap transactions risk-free. Uncleared swaps, such as non-deliverable foreign currency forwards, are subject to certain margin requirements that mandate the posting and collection of minimum margin amounts. This requirement may result in the portfolio and its counterparties posting higher margin amounts for uncleared swaps than would otherwise be the case. Certain rules require centralized reporting of detailed information about many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject a portfolio to additional administrative burdens, and the safeguards established to protect trader anonymity

may not function as expected. Future CFTC or SEC rulemakings to implement the Dodd-Frank Act requirements could potentially limit or completely restrict our ability to use these instruments as a part of our investment strategy, increase the costs of using these instruments or make them less effective. Limits or restrictions applicable to the counterparties with which we engage in derivative transactions could also prevent us from using these instruments or affect the pricing or other factors relating to these instruments, or may change availability of certain investments. Rule 18f-4 under the 1940 Act requires the Company to implement and comply with limits on the amount of derivatives the Company can enter into and treat derivatives as senior securities so that a failure to comply with the limits would result in a statutory violation and require the Company, if the Company’s use of derivatives is more than a limited specified exposure amount (10% of net assets), to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager.

The success of our hedging transactions will depend on our ability to correctly predict movements and interest rates. Therefore, while we may enter into such transactions to seek to reduce interest rate risks, unanticipated changes in interest rates may result in poorer overall investment performance than if we had not engaged in any such hedging transactions. In addition, the degree of correlation between price movements of the instruments used in a hedging strategy and price movements in the portfolio positions being hedged may vary. Moreover, for a variety of reasons, we may not seek to establish a perfect correlation between such hedging instruments and the portfolio holdings or debt arrangements being hedged. Any such imperfect correlation may prevent us from achieving the intended hedge and expose us to risk of loss.

We are subject to credit risk related to investments in our portfolio companies and with our financial institutions and counterparties.

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

The Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

Because our investments are generally not in publicly traded securities, there will be uncertainty regarding the value of our investments, which could adversely affect the determination of our net asset value.

Our portfolio investments will generally not be in publicly traded securities. As a result, although we expect that some of our equity investments may trade on private secondary marketplaces, the fair value of our direct investments in portfolio companies will often not be readily determinable. Under the 1940 Act, investments for which there are no readily available market quotations, including securities that while listed on a private securities exchange have not actively traded, will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee determines the value of our investments in accordance with such valuation policy. In connection with such determination, the Valuation Designee utilizes the services of an independent valuation firm, which prepares valuation reports on a quarterly basis for most of our portfolio investments that are not publicly traded or for which we do not have readily available market quotations, including securities that while listed on a private securities exchange, have not actively traded. However, the Valuation Designee retains ultimate authority as to the appropriate valuation of each such investment. The types of factors that the Valuation Designee takes into account in approving fair value with respect to such non-traded investments includes, as relevant and, to the extent available, the portfolio company’s earnings, the markets in which the portfolio company does business, comparison to valuations of publicly traded companies, comparisons to recent sales of comparable companies, the discounted value of the cash flows of the portfolio company and other relevant factors. This information may not be available because it is difficult to obtain financial and other information with respect to private companies, and even where we are able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, our determinations of fair value may differ materially from the values that would be assessed if a readily available market for these securities existed. Due to this uncertainty, our fair value determinations with respect to any non-traded investments we hold may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated net asset value may pay a higher market price than the value of our investments might warrant. Conversely, investors selling securities based on a net asset value that understates the value of our investments may receive a lower market price for their securities than the value of our investments might warrant.

We and the Advisor may be a party to legal proceedings in connection with our investments in our portfolio companies.

From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements.

We may not be in a position to exercise control over our portfolio companies or to prevent decisions by management of our portfolio companies that could decrease the value of our investments.

We do not generally intend to take controlling equity positions in our portfolio companies. To the extent that we do not hold a controlling equity interest in a portfolio company, we are subject to the risk that such portfolio company may make business decisions with which we disagree, and the shareholders and management of such portfolio company may take risks or otherwise act in ways that are adverse to our interests. Due to the lack of liquidity for the debt and equity investments that we typically hold in our portfolio companies, we may not be able to dispose of our investments in the event we disagree with the actions of a portfolio company, and may therefore suffer a decrease in the value of our investments.

In addition, we may not be in a position to control any portfolio company by investing in its debt securities. As a result, we are subject to the risk that a portfolio company in which we invest may make business decisions with which we disagree and the management of such company, as representatives of the holders of their common equity, may take risks or otherwise act in ways that do not serve our interests as debt investors.

Our portfolio companies may incur debt that ranks equally in right of payment with, or senior to, our investments in such companies.

The portfolio companies we invest in usually have, or may be permitted to incur, other debt that ranks equally in right of payment with, or senior to, the debt securities in which we invest. By their terms, such debt instruments may provide that the holders are entitled to receive payment of interest or principal on or before the dates on which we are entitled to receive payments in respect of the debt securities in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution in respect of our investment. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally in right of payment with debt securities in which we invest, we would have to share any distributions on an equal and ratable basis with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company.

Additionally, certain loans that we make to portfolio companies may be secured on a second priority basis by the same collateral securing senior secured debt of such companies. The first priority liens on the collateral will secure the portfolio company’s obligations under any outstanding senior debt and may secure certain other future debt that may be permitted to be incurred by the portfolio company under the agreements governing the loans. The holders of obligations secured by the first priority liens on the collateral will generally control the liquidation of and be entitled to receive proceeds from any realization of the collateral to repay their obligations in full before us. In addition, the value of the collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from the sale or sales of all of the collateral would be sufficient to satisfy the loan obligations secured by the second priority liens after payment in full of all obligations secured by the first priority liens on the collateral. If such proceeds are not sufficient to repay amounts outstanding under the loan obligations secured by the second priority liens, then we, to the extent not repaid from the proceeds of the sale of the collateral, will only have an unsecured claim against the portfolio company’s remaining assets, if any.

The rights we may have with respect to the collateral securing the loans we make to our portfolio companies with senior debt outstanding may also be limited pursuant to the terms of one or more intercreditor agreements, including agreements governing “first out” and “last out” structures, that we enter into with the holders of senior debt. Under such an intercreditor agreement, at any time that obligations that have the benefit of the first priority liens are outstanding, any of the following actions that may be taken in respect of the collateral will be in good faith under the direction of the holders of the obligations secured by the first priority liens: the ability to cause the commencement of enforcement proceedings against the collateral; the ability to control the conduct of such proceedings; the approval of amendments to collateral documents; releases of liens on the collateral; and waivers of past defaults under collateral documents. We may not have the ability to control or direct such actions, even if our rights are adversely affected.

When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our portfolio holdings.

When we make debt or minority equity investments, we are subject to the risk that a portfolio company may make business decisions with which we disagree and the other equity holders and management of such company may take risks or otherwise act in ways that do not serve our interests. As a result, a portfolio company may make decisions that could decrease the value of our investment.

We may also make unsecured loans to portfolio companies, meaning that such loans will not benefit from any interest in collateral of such companies. Liens on such portfolio companies’ collateral, if any, will secure the portfolio company’s obligations under its outstanding secured debt and may secure certain future debt that is permitted to be incurred by the portfolio company under its secured loan agreements. The holders of obligations secured by such liens will generally control the liquidation of, and be entitled to receive proceeds from, any realization of such collateral to repay their obligations in full before us. In addition, the value of such collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from sales of such collateral would be sufficient to satisfy our unsecured loan obligations after payment in full of all secured loan obligations. If such proceeds were not sufficient to repay the outstanding secured loan obligations, then our unsecured claims would rank equally in right of payment with the unpaid portion of such secured creditors’ claims against the portfolio company’s remaining assets, if any.

There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.

If one of our portfolio companies were to go bankrupt, even though we may have structured our interest as senior debt, depending on the facts and circumstances, a bankruptcy court might recharacterize our debt holding as an equity investment and subordinate all or a portion of our claim to that of other creditors. In addition, lenders can be subject to lender liability claims for actions taken by them where they become too involved in the borrower’s business or exercise control over the borrower. For example, we could become subject to a lender’s liability claim, if, among other things, we actually render significant managerial assistance. Additionally, these companies may not be able to get a full tax deduction for such borrowings.

Our portfolio companies may be highly leveraged.

Some of our portfolio companies may be highly leveraged, which may have adverse consequences to these companies and to us as an investor. These companies may be subject to restrictive financial and operating covenants and the leverage may impair these companies’ ability to finance their future operations and capital needs. As a result, these companies’ flexibility to respond to changing business and economic conditions and to take advantage of business opportunities may be limited. Further, a leveraged company’s income and net assets will tend to increase or decrease at a greater rate than if borrowed money were not used.

Our portfolio companies may prepay loans, which prepayment may reduce stated yields in the future if capital returned cannot be invested in transactions with equal or greater expected yields.

Certain of the loans we make are prepayable at any time, some of them at no premium to par. We cannot predict when such loans may be prepaid. Whether a loan is prepaid will depend both on the continued positive performance of the portfolio company and the existence of favorable financing market conditions that permit such company to replace existing financing with less expensive capital. As market conditions change frequently, it is unknown when, and if, this may be possible for each portfolio company. In the case of some of these loans, having the loan prepaid early may reduce the achievable yield for the Company in the future below the current yield disclosed for our portfolio if the capital returned cannot be invested in transactions with equal or greater expected yields.

Concentration of our assets in an issuer, industry or sector may present more risks than if we were more broadly diversified over numerous issuers, industries and sectors of the economy.

We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. To the extent that we assume large positions in the securities of a small number of issuers, our net asset value may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company.

In addition, we may, from time to time, invest a substantial portion of our assets in the securities of issuers in any single industry or sector of the economy or in only a few issuers. We cannot predict the industries or sectors in which our investment strategy may cause us to concentrate and cannot predict the level of our diversification among issuers to ensure that we satisfy diversification requirements for qualification as a RIC for U.S. federal income tax purposes. A downturn in an industry or sector in which we are concentrated would have a larger impact on us than on a company that does not concentrate in that particular industry or sector. Furthermore, the Advisor has not made and does not intend to make any determination as to the allocation of assets among different classes of securities. At any

point in time we may be highly concentrated in a single type of asset, such as junior unsecured loans or distressed debt. Consequently, events which affect a particular asset class disproportionately could have an equally disproportionate effect on us.

Our failure to make follow-on investments in our portfolio companies could impair the value of our portfolio.

Following an initial investment in a portfolio company, we may make additional investments in that portfolio company as “follow-on” investments in order to: (1) increase or maintain in whole or in part our equity ownership percentage; (2) exercise warrants, options or convertible securities that were acquired in the original or subsequent financing; or (3) attempt to preserve or enhance the value of our initial investment.

We may elect not to make follow-on investments or otherwise lack sufficient funds to make those investments. Our failure to make follow-on investments may, in some circumstances, jeopardize the continued viability of a portfolio company and our initial investment, or may result in a missed opportunity for us to increase our participation in a successful operation. Even if we have sufficient capital to make a desired follow-on investment, we may elect not to make such follow-on investment because we may not want to increase our concentration of risk, because we prefer other opportunities, because we are inhibited by compliance with BDC requirements or because we desire to maintain our tax status.

Our investments in the software, internet software & services, and IT services and internet & catalog retail sectors are subject to various risks, including intellectual property infringement issues and rapid technological changes, which may adversely affect our performance. Each industry contains certain industry related credit risks.

General risks of companies in the Software, Internet & Catalog Retail, and IT Services sectors include intellectual property infringement liability issues, the inability to protect Internet software and other propriety technology, extensive competition and limited barriers to entry. Generally, the market for Internet software and services is categorized by rapid technological change, evolving industry standards, changes in customer requirements and frequent new product introduction and enhancements. If a portfolio company in the Internet software and services sector cannot develop new products and enhance its current products in response to technological changes and competing products, its business and operating results will be negatively affected. In addition, there has been a substantial amount of litigation in the Internet software and services relating to intellectual property rights. Regardless of whether claims that a company is infringing patents or other intellectual property have any merit, these claims are time-consuming and costly. Moreover, an Internet software and services company must monitor the unauthorized use of its intellectual property, which may be difficult and costly. A company’s failure to protect its intellectual property could put it at a disadvantage to its competitors and harm its business, results of operations and financial condition. If an internet software and services company in which we invest is unable to navigate these risks, our performance may be adversely affected.

Our investments in the financial services sector are subject to various risks including volatility and extensive government regulation.

These risks include the effects of changes in interest rates on the profitability of financial services companies, the rate of corporate and consumer debt defaults, price competition, governmental limitations on a company’s loans, other financial commitments, product lines and other operations and recent ongoing changes in the financial services industry (including consolidations, development of new products and changes to the industry’s regulatory framework). Insurance companies have additional risks, such as heavy price competition, claims activity and marketing competition, and can be particularly sensitive to specific events such as man-made and natural disasters (including weather catastrophes), terrorism, mortality risks and morbidity rates.

Our investments in non-U.S. portfolio companies and securities may involve significant risks in addition to the risks inherent in U.S. investments.

Our investment strategy contemplates that a portion of our investments may be in securities of foreign companies in order to provide diversification or to complement our U.S. investments, although we are required generally to invest at least 70% of our assets in companies organized and having their principal place of business within the U.S. and its possessions. Accordingly, we may invest on an opportunistic basis in certain non-U.S. companies, including those located in emerging markets, that otherwise meet our investment criteria. In regards to the regulatory requirements for business development companies, some of these investments may not qualify as investments in “eligible portfolio companies,” and thus may not be considered “qualifying assets.” “Eligible portfolio companies” generally include U.S. companies that are not investment companies and that do not have securities listed on a national exchange or, if they have listed securities, they have a market capitalization of less than $250 million. If at any time less than 70% of our gross assets are comprised of qualifying assets, including as a result of an increase in the value of any non-qualifying assets or decrease in the value of any qualifying assets, we would generally not be permitted to acquire any additional non-qualifying assets until such time as 70% of our then current gross assets were comprised of qualifying assets. We would not be required, however, to dispose of any non-qualifying assets in such circumstances. In addition, investing in foreign companies, and particularly those in emerging markets, may expose us to

additional risks not typically associated with investing in U.S. companies. These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the United States, higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility. These risks may be more pronounced for portfolio companies located or operating primarily in emerging markets, whose economies, markets and legal systems may be less developed. Further, we may have difficulty enforcing our rights as equity holders in foreign jurisdictions. In addition, to the extent we invest in non-U.S. companies, we may face greater exposure to foreign economic developments.

Although it is anticipated that most of our investments will be denominated in U.S. dollars, our investments that are denominated in a foreign currency will be subject to the risk that the value of a particular currency may change in relation to the U.S. dollar. Among the factors that may affect currency values are trade balances, the level of short-term interest rates, differences in relative values of similar assets in different currencies, long-term opportunities for investment and capital appreciation and political developments. We may employ hedging techniques to minimize these risks, but we can offer no assurance that we will, in fact, hedge currency risk or, that if we do, such strategies will be effective. As a result, a change in currency exchange rates may adversely affect our profitability.

The effect of global climate change may impact the operations of our portfolio companies.

There may be evidence of global climate change. Climate change creates physical and financial risk and some of our portfolio companies may be adversely affected by climate change. For example, the needs of customers of energy companies vary with weather conditions, primarily temperature and humidity. To the extent weather conditions are affected by climate change, energy use could increase or decrease depending on the duration and magnitude of any changes. Increases in the cost of energy could adversely affect the cost of operations of our portfolio companies if the use of energy products or services is material to their business. A decrease in energy use due to weather changes may affect some of our portfolio companies’ financial condition, through decreased revenues. Extreme weather conditions in general require more system backup, adding to costs, and can contribute to increased system stresses, including service interruptions. Other risks associated with climate change include risks related to the impact of climate-related legislation and regulation (both domestically and internationally), as well as risks related to climate-related business trends.

We may invest in “covenant-lite” loans, which could have limited investor protections, and expose us to different and increased risks.

We may invest in, or obtain exposure to, obligations that may be “covenant-lite,” which means such obligations lack, or possess fewer, financial covenants that protect lenders. Covenant-lite agreements feature incurrence covenants, as opposed to more restrictive maintenance covenants. Under a maintenance covenant, the borrower would need to meet regular, specific financial tests, while under an incurrence covenant, the borrower only would be required to comply with the financial tests at the time it takes certain actions (e.g., issuing additional debt, paying a dividend, making an acquisition). A covenant-lite obligation contains fewer maintenance covenants than other obligations, or no maintenance covenants, and may not include terms that allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached. Furthermore, in the event of default, covenant-lite loans may exhibit diminished recovery values as the lender may not have the opportunity to negotiate with the borrower prior to default. As a result, our exposure to losses from these loans may be increased.

Risks related to our operations as a BDC

While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us.

Any person that is an affiliate of ours for purposes of the 1940 Act generally is prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to us, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order.

The 1940 Act also prohibits certain "joint" transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person's affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval

of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates.

Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective.

Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous.

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Senior Securities. As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred shareholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common shareholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common shareholders or otherwise be in the best interests of our common shareholders.
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Additional Common Stock. Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our shareholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our Board of Directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our shareholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common shareholders at that time would decrease, and our common shareholders may experience dilution.

Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies.

We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. For example, the listing standards of the national securities exchanges require us to implement and disclose "clawback" policies mandating the recovery of incentive compensation paid to executive officers in connection with accounting restatements.

Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition.

If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.

As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2024, approximately $324.0 million, or approximately 16.9%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss.

We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance.

Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its shareholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below.

To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our shareholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of our Credit Facility, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses.

If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions.

There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common shareholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common shareholders may incur additional capital gains taxes or may have lower capital losses.

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.

Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock.

We may experience cybersecurity incidents and are subject to cybersecurity risks.

Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition.

Cybersecurity failures or breaches by the Advisor, any sub-adviser(s) and other third-party service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our shareholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, such plans and systems could prove to be inadequate, and, if compromised, could become inoperable for extended periods of time, cease to function properly, fail to adequately secure private information or have other risks that have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our third-party service providers and issuers in which we invest. We and our shareholders could be negatively impacted as a result.

We are subject to the cybersecurity risks of our Service Providers, which could negatively impact the Company and its shareholders.

The Company relies on the information and technology systems of the custodian, the Advisor, and the Company’s other service providers and counterparties (the “Service Providers”), each of which could be directly or indirectly adversely affected by information systems interruptions, cybersecurity incidents or other disruptions, which in turn could have a material adverse effect on the Company.

The Company and the Service Providers are susceptible to operational, information security and related cybersecurity risks both directly and through their own service providers. Cyber incidents can result from deliberate attacks or unintentional events. They include, but are not limited to, gaining unauthorized access to systems, corrupting or destroying data, and causing operational disruption. Geopolitical tensions may increase the scale and sophistication of deliberate attacks, particularly those from nation-states or from entities with nation-state backing.

Cybersecurity incidents may cause disruptions and impact business operations. They may result in any of the following: financial losses (including loss or theft of Company assets), interference with the Company’s ability to calculate its NAV, disclosure of confidential information, impediments to trading, submission of erroneous trades or erroneous creation or redemption orders, the inability of the Company or the Service Providers to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and other legal and compliance costs. In addition, cyber incidents may render records of Company assets and transactions, shareholder ownership of Company shares, and other data integral to the functioning of the Company inaccessible, inaccurate or incomplete. The Company may incur substantial costs in order to resolve or prevent cyber incidents.

The Advisor, an indirect subsidiary of BlackRock, is responsible for the overall management of the Company. The Advisor relies on BlackRock’s enterprise risk management framework for the Company’s cybersecurity risk management and strategy. Although BlackRock has implemented policies and controls and takes protective measures involving significant expense to prevent and address potential data breaches, inadvertent disclosures and sophisticated cyber-attacks and cyber-related fraud, there can be no assurance that any of these measures proves fully effective. In addition, a successful cyber-attack may persist for an extended period of time before being detected, and it may take a considerable amount of time for an investigation to be completed and the severity and potential impact to be known. Furthermore, the Company cannot control the cybersecurity plans and systems of its Service Providers. The Company and its shareholders could be negatively impacted as a result.

The failure in cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively.

The occurrence of a disaster such as a cyber-attack, a pandemic, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our

computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised.

We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss.

We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends.

Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be:

•
sudden electrical or telecommunications outages;
•
natural disasters such as earthquakes, tornadoes and hurricanes;
•
disease pandemics;
•
events arising from local or larger scale political or social matters, including terrorist acts; and
•
cyber-attacks.

These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our shareholders.

 

Risks related to our common stock and other securities

Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital.

Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval.

Investing in our common stock may involve an above average degree of risk.

The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance.

The market price of our common stock may fluctuate significantly.

The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include:

•
volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies;
•
price and volume fluctuations in the overall stock market from time to time;
•
changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs;
•
loss of RIC status or the SBIC’s loss of SBIC status;
•
changes in earnings or variations in operating results;
•
changes in the value of our portfolio of investments;
•
any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts;
•
departure of key personnel from the Advisor;
•
operating performance of companies comparable to us;
•
short-selling pressure with respect to shares of our common stock or BDCs generally;
•
future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities;
•
uncertainty surrounding the strength of the U.S. economic recovery;
•
general economic trends and other external factors; and
•
loss of a major funding source.

Shareholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock.

We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. We received authority from our shareholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date.

In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a shareholder's interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.

Our capital-raising activities may have an adverse effect on the market price of our common stock.

When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments.

We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive.

We may distribute taxable dividends that are payable to our shareholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each shareholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all shareholders must be at least 20% of the aggregate declared distribution. If too many shareholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the shareholders electing to receive cash (with the

balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable shareholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. shareholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. shareholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale.

Furthermore, with respect to non-U.S. shareholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our shareholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted.

If we issue preferred stock, the net asset value and market value of our common stock may become more volatile.

We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs.

We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters.

Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred shareholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements.

Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock.

The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the shareholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our shareholders.

Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares.

In the event we issue subscription rights, shareholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering.

In addition, if the subscription price is less than the net asset value per share of our common stock, then our shareholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial.

Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue.

If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed.

Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities.

Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.

          
Effects of Leverage [Table Text Block] The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2024, which represented borrowings equal to 58.6% of our total assets. On such date, we also had $1,923.0 million in total assets; $1,794.8 million in total investments; an average cost of funds of 5.19% based on contractual terms at December 31, 2024; $1,126.3 million aggregate principal amount of debt outstanding; and $785.1 million of total net assets. In order to compute the “Corresponding Return to Common Shareholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2024 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 5.19% by the $1,126.3 million of debt) is subtracted to determine the return available to shareholders. The return available to shareholders is then divided by the total value of our net assets at December 31, 2024 to determine the “Corresponding Return to Common Shareholders.” Actual interest payments may vary.

 

Assumed Return on Portfolio (Net of Expenses
   Other than Interest)

 

 

(10

)%

 

 

(5

)%

 

 

—

%

 

 

5

%

 

 

10

%

Corresponding Return to Common Shareholders

 

 

(30

)%

 

 

(19

)%

 

 

(7

)%

 

 

4

%

 

 

15

%

 

          
Return at Minus Ten [Percent] (30.00%)          
Return at Minus Five [Percent] (19.00%)          
Return at Zero [Percent] (7.00%)          
Return at Plus Five [Percent] 4.00%          
Return at Plus Ten [Percent] 15.00%          
NAV Per Share $ 9.23 $ 11.9 $ 12.93 $ 14.36 $ 13.24 $ 13.21
Risks Related to Business            
General Description of Registrant [Abstract]            
Risk [Text Block]

Risks related to our business

Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings.

General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage.

Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, an increase in interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective.

The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics, epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide.

In particular, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. In addition, the ongoing conflict between Israel and Palestine may cause exacerbated volatility and disruptions to both the domestic and global economy, spawn additional conflicts, result in possible sanctions and countersanctions, and trigger retaliatory cyberattacks. Any of the above factors, as well as other governmental actions, could have an adverse impact on macroeconomic factors that affect the Company and our portfolio companies' businesses, financial conditions, cashflows, and operations. We cannot predict the nature, magnitude and duration of the hostilities stemming from these conflicts. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets.

The current political climate has intensified concerns about potential trade wars between China and the U.S., as each country has imposed tariffs on the other country’s products, and between the U.S. and other nations, with additional tariffs under the new administration in the U.S. also under discussion. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments

of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

The impact of the events described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal.

Economic recessions or downturns could impair our portfolio companies and harm our operating results.

Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results.

A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors.

Inflationary pressures have been elevated in recent years, and there is a risk of the economy entering a recession.

Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include:

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severe declines in the market price of our securities or net asset value;
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inability of the Company to accurately or reliably value its portfolio;
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inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our shareholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures;
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inability of the Company to pay any dividends and distributions or service its debt;
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inability of the Company to maintain its status as a RIC under the Code;
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declines in the value of our investments;
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increased risk of default or bankruptcy by the companies in which we invest;
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increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern;
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limited availability of new investment opportunities;
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inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and
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general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC.

We are subject to risks related to inflation.

Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. If inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. This risk is greater for fixed-income instruments with longer maturities.

Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations.

From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions.

Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage, due to higher inflation that is still cooling or that may increase again. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations.

Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies.

The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations.

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, FDIC, Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, the financial markets recently experienced volatility in connection with concerns that some banks, especially small and regional banks, may have significant investment-related losses that might make it difficult to fund demands to withdraw deposits and other liquidity needs. This and similar developments could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, including business development companies

such as us, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from our Advisor.

Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations.

Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings.

Changes enacted by the current or future presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can be, and have been, effectuated through executive order. It is not possible to predict which, if any, actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective.

Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The effect of any changes to such rules is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally.

Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us.

There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. For example, more significant tariffs have been proposed by the new administration in the U.S., although it is not possible to predict the extent or focus of any such tariffs at this time. As a result, there remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us.

Uncertainty regarding the implementation of the EU and UK's Trade and Cooperation Agreement could negatively impact our business, financial condition and earnings.

The EU and UK's Trade and Cooperation Agreement ("UK/EU Trade Agreement") was implemented starting on May 1, 2021 and set out the economic and legal framework for trade between the United Kingdom and the EU after the United Kingdom's 2020 withdrawal from the EU. As the UK/EU Trade Agreement is still a fairly new legal framework, the continuing implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns.

Changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations.

Our debt investments are generally based on floating rates, such as EURIBOR, Secured Overnight Financing Rate ("SOFR"), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital.

If interest rates rise, the cost of borrowing for the companies in which we invest will increase and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock.

Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. During periods of high interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income.

You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income.

 

We are subject to risks associated with artificial intelligence and machine learning technology.

Recent technological advances in artificial intelligence and machine learning technology pose risks to our Company and our portfolio investments. Our Company and our portfolio investments could be exposed to the risks of artificial intelligence and machine learning technology if third-party service providers or any counterparties, whether or not known to our Company, also use artificial intelligence and machine learning technology in their business activities. We and our portfolio companies may not be in a position to control the use of artificial intelligence and machine learning technology in third-party products or services.

Use of artificial intelligence and machine learning technology could include the input of confidential information in contravention of applicable policies, contractual or other obligations or restrictions, resulting in such confidential information becoming part accessible by other third-party artificial intelligence and machine learning technology applications and users.

Independent of its context of use, artificial intelligence and machine learning technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that artificial intelligence and machine learning technology utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error—potentially materially so—and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of artificial intelligence and machine learning technology. To the extent that we or our portfolio investments are exposed to the risks of artificial intelligence and machine learning technology use, any such inaccuracies or errors could have adverse impacts on our Company or our investments.

Artificial intelligence and machine learning technology and its applications, including in the private investment and financial sectors, continue to develop rapidly, and it is impossible to predict the future risks that may arise from such developments.

We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated.

The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have

been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies.

We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock.

Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results.

Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms.

We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow our portfolio of investments and achieve our investment objective. In addition, persons with whom we have informal relationships are not obligated to inform us of investment opportunities, and therefore such relationships may not lead to the origination of equity or other investments. Any loss or diminishment of such relationships could effectively reduce our ability to identify attractive portfolio companies that meet our investment criteria, either for direct investments or for investments through private secondary market transactions or other secondary transactions.

The Advisor’s liability is limited under the investment management agreement, and we are required to indemnify the Advisor against certain liabilities, which may lead the Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

The Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow the Advisor’s advice or recommendations. Pursuant to the investment management agreement, the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of the Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment management agreement. These protections may lead the Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

We may suffer credit losses.

Investment in middle-market companies is highly speculative and involves a high degree of risk of credit loss, and therefore our securities may not be suitable for someone with a low tolerance for risk. These risks are likely to increase during an economic recession.

Our use of borrowed funds, including under the Leverage Program, to make investments exposes us to risks typically associated with leverage.

The Company borrows money, both directly and indirectly through its subsidiaries. As a result:

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our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
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adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of leverage;
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we, and indirectly our common shareholders, bear the entire cost of issuing and paying interest or dividends on any borrowed funds issued by us or our subsidiaries; and
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our ability to pay dividends on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness would not be available for such dividends.

The use of leverage creates increased risk of loss and is considered a speculative investment technique. The use of leverage magnifies the potential gains and losses from an investment and increases the risk of loss of capital. To the extent that income derived by us from investments purchased with borrowed funds is greater than the cost of borrowing, our net income will be greater than if borrowing had not been used. Conversely, if the income from investments purchased from these sources is not sufficient to cover the cost of the leverage, our net investment income will be less than if leverage had not been used, and the amount available for ultimate distribution to the holders of common stock will be reduced. The extent to which the gains and losses associated with leveraged investing are increased will generally depend on the degree of leverage employed. We may, under some circumstances, be required to dispose of

investments under unfavorable market conditions in order to maintain our leverage, thus causing us to recognize a loss that might not otherwise have occurred. In the event of a sale of investments upon default under our borrowing arrangements, secured creditors will be contractually entitled to direct such sales and may be expected to do so in their interest, rather than in the interests of the holders of common stock. Holders of common stock will incur losses if the proceeds from a sale in any of the foregoing circumstances are insufficient, after payment in full of amounts due and payable on leverage, including administrative expenses, to repay such holders investments in our common stock. As a result, you could experience a total loss of your investment. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. The ability to service any debt that we have or may have outstanding depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures. There is no limitation on the percentage of portfolio investments that can be pledged to secure borrowings. The amount of leverage that we employ at any particular time will depend on our Advisor’s and our board of director’s assessments of market and other factors at the time of any proposed borrowing.

In addition to regulatory restrictions that restrict our ability to raise capital, the Leverage Program contains various covenants which, if not complied with, could accelerate repayment under the Operating Facility, Funding Facility II and the Merger Sub Facility (collectively, the “Credit Facilities”), thereby materially and adversely affecting our liquidity, financial condition and results of operations.

Under the Leverage Program, we must comply with certain financial and operational covenants. These covenants include:

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restrictions on the level of indebtedness that we are permitted to incur in relation to the value of our assets;
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restrictions on our ability to make distributions and other restricted payments under certain circumstances;
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restrictions on extraordinary events, such as mergers, consolidation and sales of assets;
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restrictions on our ability to incur liens and incur indebtedness; and
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maintenance of a minimum level of stockholders’ equity.

In addition, by limiting the circumstances in which borrowings may occur under the Credit Facilities, the credit agreements related to such facilities (the “Credit Agreements”) in effect provide for various asset coverage, credit quality and diversification limitations on our investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase losses or result in adverse tax consequences.

As of February 27, 2025, we were in compliance with these covenants. However our continued compliance with these covenants depends on many factors, some of which are beyond our control. Accordingly, there are no assurances that we will continue to comply with the covenants in the Credit Agreements. Failure to comply with these covenants would result in a default under our debt arrangements which, if we were unable to obtain a waiver from the applicable creditors, would enable the applicable creditors to accelerate outstanding balances under our debt and terminate their commitments to lend to us. This would be expected to have a material adverse impact on our financial condition and results of operations and place limitations on our operational flexibility.

The Operating Facility also has certain “key man” provisions. For example, it is an event of default if the Advisor is controlled by any person or group other than (i) BlackRock, Inc. or a wholly-owned subsidiary of BlackRock, Inc. or (ii) any two of listed individuals (or any replacement manager or individual reasonably acceptable to the administrative agent and approved by the required lenders), provided that if the Advisor is no longer under the control of at least two of such four individuals (or their previously approved replacements) through an event resulting in the death or disability of such individuals, the Advisor has 60 calendar days to replace such individuals with other managers or individuals reasonably acceptable to the administrative agent and approved by the required lenders, provided further that a default (but not an event of default) shall be deemed to exist during such period.

The Funding Facility II matures on August 4, 2027, subject to extension by the lender at the request of TCPC Funding II, the Merger Sub Facility matures on September 6, 2028, and the Operating Facility matures on August 1, 2029, subject to extension by the lenders at the request of SVCP. Any inability to renew, extend or replace the Funding Facility II, the Merger Sub Facility and/or the Operating Facility could adversely impact our liquidity and ability to find new investments or maintain distributions to our shareholders.

Funding Facility II matures on August 4, 2027, subject to extension by the lender at the request of TCPC Funding II. Borrowings under the Funding Facility II generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.15%, plus a margin of 2.05%, subject to certain funding requirements, plus an administrative fee of 0.15% per annum. The Merger Sub Facility matures on September 6, 2028. Borrowings under the Merger Sub Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10%, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain

limitations. The Operating Facility matures on August 1, 2029, subject to extension by the lenders at the request of SVCP. Borrowings under the Operating Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10% for one month contracts and 0.15% for three month contracts, respectively, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain limitations.

We do not currently know whether we will renew, extend or replace the Credit Facilities upon their maturities or whether we will be able to do so on terms that are as favorable as the Credit Facilities. In addition, we will be required to liquidate assets to repay amounts due under the Credit Facilities if we do not renew, extend or replace the Credit Facilities prior to their respective maturities.

Upon the termination of the Credit Facilities, there can be no assurance that we will be able to enter into a replacement facility on terms that are as favorable to us, if at all. Our ability to replace the Credit Facilities may be constrained by then-current economic conditions affecting the credit markets. In the event that we are not able to replace the Credit Facilities at the time of their maturity, this could have a material adverse effect on our liquidity and ability to fund new investments, our ability to make distributions to our shareholders and our ability to qualify as a RIC.

The creditors under the Credit Facilities have a first claim on all of the Company’s assets included in the collateral for the respective facilities.

Lenders have fixed dollar claims on our assets that are superior to the claims of our common shareholders. Substantially all of our current assets have been pledged as collateral under the Credit Facilities. If an event of default occurs under any of the Credit Facilities, the respective lenders would be permitted to accelerate amounts due under the respective facilities and liquidate our assets to pay off amounts owed under the respective facilities and limitations would be imposed on us with respect to the purchase or sale of investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase our losses or result in adverse tax consequences.

In the event of the dissolution of the Company or otherwise, if the proceeds of the Company’s assets (after payment in full of obligations to any such debtors) are insufficient to repay capital invested in us by the holders of the common stock, no other assets will be available for the payment of any deficiency. None of our Board of Directors, the Advisor or any of their respective affiliates, have any liability for the repayment of capital contributions made to the Company by the holders of common stock. Holders of common stock could experience a total loss of their investment in the Company.

Lenders under the Operating Facility may have a veto power over the Company’s investment policies.

If a default has occurred under the Operating Facility, the lenders under the Operating Facility may veto changes in investment policies. The Operating Facility and the Merger Sub Facility also has certain limitations on unusual types of investments such as commodities, real estate and speculative derivatives, which are not part of the Company’s investment strategy or policies in any event.

The SBIC may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax.

In order for us to continue to qualify for RIC tax treatment and to minimize corporate-level taxes, we will be required to distribute substantially all of our net ordinary income and net capital gain income, including income from certain of our subsidiaries, which includes the income from the SBIC. We will be partially dependent on the SBIC for cash distributions to enable us to meet the RIC distribution requirements. The SBIC may be limited by the Small Business Investment Act of 1958, and SBA regulations governing SBICs, from making certain distributions to us that may be necessary to enable us to maintain our status as a RIC. We may have to request a waiver of the SBA’s restrictions for the SBIC to make certain distributions to maintain our eligibility for RIC status. We cannot assure you that the SBA will grant such a waiver and if the SBIC is unable to obtain a waiver, compliance with the SBA regulations may result in loss of RIC tax treatment and a consequent imposition of an entity-level tax on us.

The SBIC is subject to SBA regulations, and any failure to comply with SBA regulations could have an adverse effect on our operations.

On April 22, 2014, the SBIC received an SBIC license from the SBA. The SBIC license allows the SBIC to obtain leverage by issuing SBA-guaranteed debentures, subject to the issuance of a capital commitment by the SBA and other customary procedures. SBA-guaranteed debentures are non-recourse, interest only debentures with interest payable semi-annually and have a ten year maturity. The principal amount of SBA-guaranteed debentures is not required to be paid prior to maturity but may be prepaid at any time without penalty. The interest rate of SBA-guaranteed debentures is fixed on a semi-annual basis at a market-driven spread over U.S. Treasury Notes with 10-year maturities. The SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event

we liquidate the SBIC or the SBA exercises its remedies under the SBA-guaranteed debentures issued by the SBIC upon an event of default.

Under current SBA regulations, a licensed SBIC can provide capital to those entities that have a tangible net worth not exceeding $24 million and an average annual net income after Federal income taxes not exceeding $8.0 million for the two most recent fiscal years. In addition, a licensed SBIC must devote 25% of its investment activity to those entities that have a tangible net worth not exceeding $6.0 million and an average annual net income after Federal income taxes not exceeding $2.0 million for the two most recent fiscal years. The SBA regulations also provide alternative size standard criteria to determine eligibility, which depend on the industry in which the business is engaged and are based on factors such as the number of employees and gross sales. The SBA regulations permit licensed SBICs to make long term loans to small businesses, invest in the equity securities of such businesses and provide them with consulting and advisory services. The SBA also places certain limitations on the financing terms of investments by SBICs in portfolio companies and prohibits SBICs from providing funds for certain purposes or to businesses in a few prohibited industries. Compliance with SBA requirements may cause the SBIC to forego attractive investment opportunities that are not permitted under SBA regulations.

Further, the SBA regulations require that a licensed SBIC be periodically examined and audited by the SBA to determine its compliance with the relevant SBA regulations. The SBA prohibits, without prior SBA approval, a “change of control” of an SBIC or any transfers of the capital stock of a licensed SBIC. If the SBIC fails to comply with applicable SBA regulations, the SBA could, depending on the severity of the violation, limit or prohibit its use of debentures, declare outstanding debentures immediately due and payable, and/or limit it from making new investments. In addition, the SBA can revoke or suspend a license for willful or repeated violation of, or willful or repeated failure to observe, any provision of the Small Business Investment Act of 1958 or any rule or regulation promulgated thereunder. The Advisor, as the SBIC’s investment adviser, does not have any previous experience managing an SBIC. Its limited experience in complying with SBA regulations may hinder its ability to take advantage of the SBIC’s access to SBA-guaranteed debentures. Any failure to comply with SBA regulations could have an adverse effect on our operations.

SBA regulations limit the outstanding dollar amount of SBA-guaranteed debentures that may be issued by an SBIC or group of SBICs under common control.

The SBA regulations currently limit the dollar amount of SBA-guaranteed debentures that can be issued by any one SBIC to $175.0 million or to a group of SBICs under common control to $350.0 million.

An SBIC may not borrow an amount in excess of two times (and in certain cases, up to three times) its regulatory capital. As of December 31, 2024, the SBIC had $131.5 million in SBA-guaranteed debentures outstanding. If we reach the maximum dollar amount of SBA-guaranteed debentures permitted, and if we require additional capital, our cost of capital may increase, and there is no assurance that we will be able to obtain additional financing on acceptable terms.

Moreover, the current status of the SBIC as an SBIC does not automatically assure that the SBIC will continue to receive SBA-guaranteed debenture funding. Receipt of SBA leverage funding is dependent upon the SBIC continuing to be in compliance with SBA regulations and policies and available SBA funding. The amount of SBA leverage funding available to SBICs is dependent upon annual Congressional authorizations and in the future may be subject to annual Congressional appropriations. There can be no assurance that there will be sufficient debenture funding available at the times desired by the SBIC.

The debentures guaranteed by the SBA have a maturity of ten years and require semi-annual payments of interest. The SBIC will need to generate sufficient cash flow to make required interest payments on the debentures. If the SBIC is unable to meet their financial obligations under the debentures, the SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event we liquidate the SBIC or the SBA exercises its remedies under such debentures as the result of a default by us.

The disposition of our investments may result in contingent liabilities.

Most of our investments will involve private securities. In connection with the disposition of an investment in private securities, we may be required to make representations about the business and financial affairs of the portfolio company typical of those made in connection with the sale of a business. We may also be required to indemnify the purchasers of such investment to the extent that any such representations turn out to be inaccurate or with respect to certain potential liabilities. These arrangements may result in contingent liabilities that ultimately yield funding obligations that must be satisfied through our return of certain distributions previously made to us. As of December 31, 2024, the Company is not aware of any contingent liabilities.

Incurring additional indebtedness could increase the risk in investing in shares of our common stock.

As a BDC regulated under the 1940 Act, we are generally required to maintain a certain asset coverage for senior securities representing indebtedness (i.e., debt) or stock (i.e., preferred stock).

Following receipt of the necessary shareholder and Board approvals, effective February 9, 2019, the minimum asset coverage ratio requirement was reduced from 200% to 150%, pursuant to Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act (the "SBCAA") (i.e., from a 1:1 debt to equity ratio to a 2:1 debt to equity ratio). Therefore, we may be able to issue an increased amount of senior securities and incur additional indebtedness in the future and, therefore, your risk of an investment in shares of our common stock may increase.

If our asset coverage falls below the required limit, we will not be able to incur additional debt until we are able to comply with the asset coverage applicable to us. This could have a material adverse effect on our operations, and we may not be able to make distributions to shareholders. The actual amount of leverage that we employ will depend on our and our Board of Directors’ assessment of market and other factors at the time of any proposed borrowing. We cannot assure you that we will be able to obtain credit at all or on terms acceptable to us.

We have indebtedness outstanding pursuant to the Leverage Program and expect, in the future, to borrow additional amounts under the Credit Facilities and may increase the size of the Credit Facilities or enter into other borrowing arrangements.

In the case of a liquidation event, those lenders would receive proceeds before our shareholders. In addition, borrowings, also known as leverage, magnify the potential for gain or loss on amounts invested and, therefore, increase the risks associated with investing in our common stock. Leverage is generally considered a speculative investment technique. If the value of our assets increases, then leveraging would cause the net asset value attributable to our common stock to increase more than it otherwise would have had we not leveraged. Conversely, if the value of our assets decreases, leveraging would cause the net asset value attributable to our common stock to decline more than it otherwise would have had we not leveraged. Similarly, any increase in our revenue in excess of interest expense on our borrowed funds would cause our net income to increase more than it would without the leverage. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. Our ability to service any debt that we incur depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures.

Illustration. The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2024, which represented borrowings equal to 58.6% of our total assets. On such date, we also had $1,923.0 million in total assets; $1,794.8 million in total investments; an average cost of funds of 5.19% based on contractual terms at December 31, 2024; $1,126.3 million aggregate principal amount of debt outstanding; and $785.1 million of total net assets. In order to compute the “Corresponding Return to Common Shareholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2024 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 5.19% by the $1,126.3 million of debt) is subtracted to determine the return available to shareholders. The return available to shareholders is then divided by the total value of our net assets at December 31, 2024 to determine the “Corresponding Return to Common Shareholders.” Actual interest payments may vary.

 

Assumed Return on Portfolio (Net of Expenses
   Other than Interest)

 

 

(10

)%

 

 

(5

)%

 

 

—

%

 

 

5

%

 

 

10

%

Corresponding Return to Common Shareholders

 

 

(30

)%

 

 

(19

)%

 

 

(7

)%

 

 

4

%

 

 

15

%

 

The assumed portfolio return in the table is based on SEC regulations and is not a prediction of, and does not represent, our projected or actual performance. The table also assumes that we will maintain a constant level of leverage. The amount of leverage that we use will vary from time to time.

The lack of liquidity in our investments may adversely affect our business.

We make investments in private companies. A portion of these investments may be subject to legal and other restrictions on resale, transfer, pledge or other disposition or will otherwise be less liquid than publicly traded securities. The illiquidity of our investments may make it difficult for us to sell such investments if the need arises. In addition, if we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the value at which we have previously recorded our investments. In addition, we face other restrictions on our ability to liquidate an investment in a business entity to the extent that we or the Advisor has or could be deemed to have material non-public information regarding such business entity.

A substantial portion of our portfolio investments are recorded at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors and, as a result, there may be uncertainty regarding the value of our portfolio investments.

The debt and equity investments that we make for which market quotations are not readily available will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee approves in good faith the valuation of such securities. 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 our investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material. Our net asset value could be adversely affected if determinations regarding the fair value of these investments were materially higher than the values ultimately realized upon the disposal of such investments.

Our use of borrowed funds to make investments exposes us to risks typically associated with leverage.

We borrow money and may issue additional debt securities or preferred stock to leverage our capital structure. As a result:

•
our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
•
adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of any leverage;
•
such securities are governed by an indenture or other instrument containing covenants restricting our operating flexibility;
•
we, and indirectly our shareholders, bear the cost of issuing and paying interest or making distributions on such securities;
•
any convertible or exchangeable securities that we issue may have rights, preferences and privileges more favorable than those of our common stock; and
•
our ability to make distributions on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness or preferred stock may not be available for such distributions.

A portion of our distributions to shareholders may include a return of shareholder capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. A portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered non-taxable distributions and serve to reduce the basis of our shares in the hands of the shareholders rather than being currently taxable, and as a result of the reduction of the basis of our shares, shareholders may incur additional capital gains taxes or may have lower capital losses.

We may have difficulty paying our required distributions if we recognize income before or without receiving cash representing such income.

In accordance with U.S. GAAP and tax regulations, we include in income certain amounts that we have not yet received in cash, such as PIK interest, which represents contractual interest added to the loan balance and due at the end of the loan term. The increases in loan balances as a result of contracted PIK arrangements are included in income for the period in which such PIK interest was received, which is often in advance of receiving cash payment. We also may be required to include in income certain other amounts that we will not receive in cash. Any warrants that we receive in connection with our debt investments are generally valued as part of the negotiation process with the particular portfolio company. As a result, a portion of the aggregate purchase price for the debt investments and warrants are allocated to the warrants that we receive. This will generally result in “original issue discount,” or OID, for tax purposes, which we must recognize as ordinary income, increasing the amounts we are required to distribute to qualify for the federal income tax benefits applicable to RICs. Because such original issue discount income would not be accompanied by cash, we would need to obtain cash from other sources to satisfy such distribution requirements. If we are unable to obtain cash from other sources to satisfy such distribution requirements, we may fail to qualify for favorable tax treatment as a RIC and, thus, could become subject to a corporate-level income tax on all of our income. Other features of the debt instruments that we hold may also cause such instruments to generate original issue discount, resulting in a distribution requirement in excess of current cash received. Similarly, newly enacted tax legislation contains rules that may in certain other circumstances require the recognition of non-cash taxable income or may limit the deductibility of certain of our cash expenses. Since in certain cases we may recognize income before or without receiving cash representing such income or may be subject to limitations on the deductibility of cash expenses, we may have difficulty meeting the requirement to distribute at least 90% of our net ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. If we are unable to meet these distribution requirements, we will not qualify for favorable tax treatment as a RIC or, even if such distribution requirements are satisfied, we may be subject to tax on the amount that is undistributed. Accordingly, we may have to sell some of our

assets, raise additional debt or equity capital or reduce new investment originations to meet these distribution requirements and avoid tax.

To the extent OID and PIK interest constitute a portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income.

Our investments may include OID instruments and PIK interest arrangements, which represents contractual interest added to a loan balance and due at the end of such loan’s term. To the extent OID or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following:

•
The higher interest rates of OID and PIK instruments reflect the payment deferral and increased credit risk associated with these instruments, and OID and PIK instruments generally represent a significantly higher credit risk than coupon loans.
•
Even if the accounting conditions for income accrual are met, the borrower could still default when our actual collection is supposed to occur at the maturity of the obligation.
•
OID and PIK instruments may have unreliable valuations because their continuing accruals require continuing judgments about the collectability of the deferred payments and the value of any associated collateral. OID and PIK income may also create uncertainty about the source of our cash distributions.
•
For accounting purposes, any cash distributions to shareholders representing OID and PIK income are not treated as coming from paid-in capital, even if the cash to pay them comes from offering proceeds. As a result, despite the fact that a distribution representing OID and PIK income could be paid out of amounts invested by our shareholders, the 1940 Act does not require that shareholders be given notice of this fact by reporting it as a return of capital.
•
PIK interest has the effect of generating investment income at a compounding rate, thereby further increasing the Incentive Fees payable to the Advisor. Similarly, all things being equal, the deferral associated with PIK interest also decreases the loan-to-value ratio at a compounding rate.

Any unrealized losses we experience on our investment portfolio may be an indication of future realized losses, which could reduce our income available for distribution.

Decreases in the market values or fair values of our investments will be recorded as unrealized depreciation. Any unrealized losses in our investment portfolio could be an indication of a portfolio company’s inability to meet its repayment obligations to us with respect to the affected investments. This could result in realized losses in the future and ultimately in reductions of our income available for distribution in future periods.

We may be unable to realize the benefits anticipated by the Merger, including estimated cost savings, or it may take longer than anticipated to achieve such benefits.

The realization of certain benefits anticipated as a result of the Merger will depend in part on our ability to realize estimated cost savings. It is possible that our estimates of the potential Merger-related cost savings ultimately could be incorrect. If our estimates turn out to be incorrect, the anticipated cost savings may not be fully realized or realized at all or may take longer to realize than expected.

Our Advisor and its affiliates and employees may have certain conflicts of interest.

As a global provider of investment management, risk management and advisory services to institutional and retail clients, BlackRock, the Advisor and their respective affiliates (for purposes of this discussion of potential conflicts, the “BlackRock Entities”), engage in a broad spectrum of activities, including sponsoring and managing a variety of public and private investment funds, funds of funds and separate accounts across fixed income, liquidity, equity, alternative investment and real estate strategies; providing financial advisory services; providing technology infrastructure and analytics under the BlackRock Solutions® brand and engaging in certain broker-dealer activities and other activities. Although the relationships and activities of the BlackRock Entities should help enable these entities to offer attractive opportunities and services to the Company, such relationships and activities create certain inherent actual and potential conflicts of interest. In the ordinary course of business, the BlackRock Entities engage in activities where their interests or the interests of their clients may conflict with the interests of the Company, certain investors or a group of investors, or the Company’s investments. The following discussion enumerates certain potential and actual conflicts of interest.

Allocation of Investment Opportunities. The BlackRock Entities manage and advise numerous accounts for clients around the world, such as registered and unregistered funds and owners of separately managed accounts (collectively, “Client Accounts”). Client Accounts include funds and accounts in which the BlackRock Entities or their personnel have an interest (“BlackRock Accounts”). Certain of

these Client Accounts have investment objectives, and utilize investment strategies, that are similar to the Company’s. As a result, certain investments may be appropriate for the Company and also for other Client Accounts. The BlackRock Entities’ allocation of investment opportunities among various Client Accounts presents inherent potential and actual conflicts of interest, particularly where an investment opportunity is limited. These potential conflicts are exacerbated in situations where BlackRock is entitled to higher fees and incentive compensation from certain Client Accounts than from other Client Accounts (including the Company), where the portfolio managers making an allocation decision are entitled to an incentive fee, carried interest or other similar compensation from such other Client Accounts, or where there are differences in proprietary investments in the Company and other Client Accounts. The prospect of achieving higher compensation or greater investment return from another investment vehicle or separate account than from the Company provides incentives for the Advisor or other BlackRock Entities to favor the other investment vehicle or separate account over the Company when, for example, allocating investment opportunities that the Advisor believes could result in favorable performance. It is the policy of BlackRock not to make decisions based on the foregoing interests or greater fees or compensation.

Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be an affiliate of the Company for purposes of the 1940 Act and the Company is generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of the Independent Directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an order providing an exemption from certain SEC regulations prohibiting transactions with affiliates (the “Order”). The Order requires that certain procedures be followed prior to making an investment subject to the Order and such procedures could in certain circumstances adversely affect the price paid or received by the Company or the availability or size of the position purchased or sold by the Company. The Advisor may also face conflicts of interest in making investments pursuant to the Order.

The 1940 Act also prohibits certain “joint” transactions with certain of the Company’s affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of the Independent Directors and, in some cases, of the SEC. The Company is prohibited from buying or selling any security from or to any person who owns more than 25% of the Company’s voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit the Company’s ability to transact business with its officers or directors or their affiliates.

To address actual and potential conflicts associated with allocation of investments, BlackRock has developed an investment allocation policy (the “Investment Allocation Policy”) and related guidelines. In addition, certain BlackRock Entities and business units have supplemental allocation policies for making allocation decisions among Client Accounts managed by such BlackRock Entities (together with the Investment Allocation Policy and related guidelines, the “Allocation Policy”). The Allocation Policy is intended to ensure that investment opportunities are allocated on a fair and equitable basis among Client Accounts over time, taking into account various factors including the Client Account’s investment objective, guidelines and restrictions and other portfolio construction considerations; available capital and liquidity needs; tax, regulatory and contractual considerations; risk or investment concentration parameters; supply or demand for a security at a given price level; size of available investment; unfunded capital commitments or cash availability and liquidity requirements; leverage limitations; regulatory restrictions; contractual restrictions (including with other clients); minimum investment size; relative size; and such other factors as may be relevant to a particular transaction or Client Account. The BlackRock Entities reserve the right to allocate investment opportunities appropriate for the investment objectives of the Company and other Client Accounts in any other manner deemed fair and equitable by the BlackRock Entities consistent with the Allocation Policy, the Order and applicable law. The application of the Allocation Policy, the Order and the foregoing considerations may result in a particular Client Account, including the Company, not receiving an allocation of an investment opportunity that has been allocated to other Client Accounts following the same or similar strategy, or receiving a smaller allocation than other Client Accounts or an allocation on an other than pro rata basis. Furthermore, as the investment programs of the Company and the other applicable Client Accounts change and develop over time, additional issues and considerations may affect the Allocation Policy and the expectations of the BlackRock Entities with respect to the allocation of investment opportunities to the Company and other Client Accounts. BlackRock and the Advisor reserve the right to change the Allocation Policy and guidelines relating thereto from time to time without the consent of or notice to shareholders, subject to the disclosure requirements of applicable law.

As a general matter, it is expected the Company will participate in investments deemed appropriate for the Company’s strategy and either sourced by the investment personnel directly responsible for managing the Company (though investments sourced by such personnel may also be allocated to other Client Accounts that may be managed by other investment teams) or made available for investment by the Company pursuant to the terms of the Order.

Allocation of Expenses. Side-by-side management by the BlackRock Entities of the Company and Client Accounts raises other potential and actual conflicts of interest, including those associated with allocating expenses attributable to the Company and one or more other Client Accounts. The Advisor and its affiliates will attempt to make such allocations on a basis that they consider to be fair

and equitable to the Company under the circumstances over time and considering such factors as it deems relevant. The allocations of such expenses may not be proportional, and any such determinations involve inherent matters of discretion, e.g., in determining whether to allocate pro rata based on number of Client Accounts or proportionately in accordance with asset size, or in certain circumstances determining whether a particular expense has a greater benefit to the Company, other Client Accounts or the Advisor and/or its affiliates.

Activities of Other Client Accounts. The BlackRock Entities will, from time to time, be actively engaged in transactions on behalf of other Client Accounts in the same investments, securities, derivatives and other instruments in which the Company will directly or indirectly invest. Trading for certain other Client Accounts is carried out without reference to positions held directly or indirectly by the Company and may have an effect on the value or liquidity of the positions so held or may result in another Client Account having an interest in an issuer adverse to that of the Company.

Under certain circumstances and subject to the Order and applicable law, the Company may invest directly or indirectly in a transaction in which one or more other Client Accounts are expected, or seek, to participate or already have made, or concurrently will make or seek to make, an investment. The Company and the other Client Accounts may have conflicting interests and objectives in connection with such investments, including with respect to views on the operations or activities of the project or company involved, the targeted returns from the investment and the timeframe for, and method of, exiting the investment. For example, the Advisor’s decisions on behalf of other Client Accounts to sell, redeem from or otherwise liquidate a security in which the Company is invested may adversely affect the Company, including by causing such investment to be less liquid or more concentrated, or by causing the Company to no longer participate in a controlling position in the investment or to lose the benefit of certain negotiated terms, including, without limitation, fee discounts. Conflicts will also arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, including circumstances in which one or more Client Accounts may own private securities or obligations of an issuer and other Client Accounts may own public securities of the same issuer. If an issuer in which the Company, directly or indirectly, and one or more other Client Accounts hold different classes of securities (or other assets, instruments or obligations issued by such issuer) encounters financial problems, decisions over the terms of any workout will raise potential conflicts of interests (including, for example, conflicts regarding the terms of recapitalizations and proposed waivers, amendments or enforcement of debt covenants). As a result, one or more Client Accounts may pursue or enforce rights with respect to a particular issuer in which the Company has directly or indirectly invested, and those activities may have an adverse effect on the Company. Because of the different legal rights associated with debt and equity of the same portfolio company, BlackRock expects to face a potential conflict of interest in respect of the advice given to, and the actions taken on behalf of, the Company versus another Client Account (e.g., the terms of debt instruments, the enforcement of covenants, the terms of recapitalizations and the resolution of workouts or bankruptcies). For example, if the Company holds debt securities of an issuer and a Client Account directly or indirectly holds equity securities of the same issuer, then, if the issuer experiences financial or operational challenges, the Company may seek a liquidation of the issuer in which it may be paid in full, whereas the Client Account, as a direct or indirect equity holder, might prefer a reorganization that holds the potential to create value for the equity holders. Similarly, if additional capital is necessary as a result of financial or other difficulties, or to finance growth of other opportunities, subject to the Order and applicable law and regulation, a Client Account may not provide such additional capital and the Company may do so, or vice versa. In the event of an insolvency, bankruptcy or similar proceeding of an issuer, the Company may be limited (by applicable law, courts or otherwise) in the positions or actions it may be permitted to take due to other interests held or actions or positions taken by other Client Accounts. In negotiating the terms and conditions of any such investments, or any subsequent amendments or waivers, the Advisor and the other BlackRock Entities may find that their own interests, the interests of the Company and/or the interests of one or more other Client Accounts could conflict. Any of the foregoing conflicts of interest will be discussed and resolved on a case-by-case basis. The resolution of such conflicts will take into consideration the interests of the relevant parties, the circumstances giving rise to the conflict, the Order to the extent applicable and applicable law. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the Company and that the Company could be adversely affected by the actions taken by BlackRock Entities on behalf of Client Accounts.

In order to avoid or reduce the conflicts that may arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, or for other reasons, the Company may choose not to invest in issuers in which other Client Accounts hold an existing investment, even if the Advisor believes such investment opportunity to be attractive and otherwise appropriate for the Company and is permitted under applicable law and regulation, which may adversely affect the performance of the Company.

Other transactions by one or more Client Accounts also may have the effect of diluting the values or prices of investments held directly or indirectly by the Company or otherwise disadvantaging the Company. This may occur when portfolio decisions regarding the Company are based on research or other information that is also used to support portfolio decisions for other Client Accounts. When a BlackRock Entity implements a portfolio decision or strategy on behalf of a Client Account other than the Company ahead of, or contemporaneously with, similar portfolio decisions or strategies for the Company (whether or not the portfolio decisions emanate from the same research analysis or other information), market impact, liquidity constraints or other factors could result in the Company receiving less favorable investment results, and the cost of implementing such portfolio decisions or strategies for the Company could increase, or the Company could otherwise be disadvantaged.

Additionally, if the Company makes an investment in a portfolio company in conjunction with an investment made by another Client Account, the Company may not invest through the same investment vehicles, have the same access to credit or employ the same hedging or investment strategies as such other Client Account. This likely will result in differences in investment cost, investment terms, leverage and associated expenses between the Company and any other Client Account. There can be no assurance that the Company and the other Client Accounts will exit the investment at the same time or on the same terms, and there can be no assurance that the Company’s return on such an investment will be the same as the returns achieved by any other Client Accounts participating in the transactions. Given the nature of these conflicts, there can be no assurance that the resolution of these conflicts will be beneficial to the Company.

The BlackRock Entities may also, in certain circumstances and subject to the Order and applicable law and regulation, pursue or enforce rights or take other actions with respect to a particular issuer or investment jointly on behalf of the Company and other Client Accounts. In such circumstances, the Company may be adversely impacted by the other Client Accounts’ activities, and transactions for the Company may be impaired or effected at prices or terms that may be less favorable than would otherwise have been the case had the other Client Accounts not pursued a particular course of action with respect to the issuer or investment. For example, one or more Client Accounts may dispose of or make an in kind distribution of its portion of an investment that is also held by the Company and other Client Accounts, and such action may adversely affect the Company and such other Client Accounts that continue to hold such investment.

Conflicts may also arise because portfolio decisions made by the Advisor on behalf of the Company may benefit other BlackRock Entities or Client Accounts, including BlackRock Accounts. For example, subject to the Order and applicable law and regulation, the Company may invest directly or indirectly in the securities, bank loans or other obligations of issuers in which a Client Account has an equity, debt or other interest, or vice versa. In certain circumstances, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment. Further, the Company may also engage in investment transactions that result in other Client Accounts being relieved of obligations or otherwise divesting of investments that the Company also holds or which cause the Company to have to divest certain investments. The purchase, holding and sale of investments by the Company may enhance the profitability of another Client Account’s own investments in and activities with respect to such investments.

Without limiting the generality of the foregoing, the Company may invest, directly or indirectly, in equity of investments or issuers affiliated with the BlackRock Entities or in which a BlackRock Entity or a Client Account has a direct or indirect debt or other interest, or vice versa, and may acquire such equity or debt either directly or indirectly through public or private acquisitions. Such investments may benefit the BlackRock Entities or Client Accounts. In addition, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment.

Moreover, the Advisor’s investment professionals, its senior management and employees serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as the Company. Accordingly, these individuals may have obligations to investors in those entities or funds, the fulfillment of which might not be in the best interests of the Company or shareholders. In addition, certain of the personnel employed by the Advisor or focused on the Company’s business may change in ways that are detrimental to the Company’s business.

Transactions Between Client Accounts. Each of the BlackRock Entities and the Advisor reserve the right to conduct cross trades between the Company and other Client Accounts in accordance with applicable legal and regulatory requirements. The Advisor may cause the Company to purchase securities or other assets from or sell securities or other assets to, or engage in other transactions with, other Client Accounts or vehicles when the Advisor believes such transactions are appropriate and in the participants’ best interest, subject to applicable law and regulation. The Company may enter into “agency cross transactions,” in which a BlackRock Entity may act as broker for the Company and for the other party to the transaction, to the extent permitted under applicable law and regulation and the relevant Client Account governing documents. In such cases, the Advisor and such other Client Accounts or BlackRock Entities, as applicable, may have a potentially conflicting division of loyalties and responsibilities regarding both parties to the transaction. To the extent that any provision of Section 11(a) of the Exchange Act, or any of the rules promulgated thereunder, is applicable to any transactions effected by the Advisor, such transactions will be effected in accordance with the requirements of such provisions and rules.

Proxy Voting. The Board of Directors has delegated to the Advisor discretion with respect to voting and consent rights of the assets of the Company. Consistent with applicable rules under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), BlackRock has adopted and implemented written proxy voting policies and procedures with respect to individual securities held by the Company that are reasonably designed: (i) to ensure that proxies are voted, consistent with its fiduciary obligations, in the best interests of Client Accounts under the circumstances over time; and (ii) to prevent conflicts of interest from influencing proxy voting decisions made on behalf of clients. Nevertheless, when votes are cast in accordance with BlackRock’s proxy voting policy and in a manner that BlackRock believes to be consistent with its fiduciary obligations, actual proxy voting decisions made on behalf of one Client Account

may have the effect of favoring or harming the interests of other Client Accounts, including the Company. Shareholders may receive a copy of BlackRock’s proxy voting policy, upon request, and may also obtain a copy at: http://www.blackrock.com/corporate/en-us/about-us/responsible-investment/responsible-investment-reports.

Investment Terms of Other Client Accounts. The investment terms offered to other Client Accounts or to investors in other Client Accounts with similar investment objectives as the Company may be different than those applicable to our shareholders and may create conflicts. In particular, with respect to investors in other Client Accounts that are managed as dedicated funds or with respect to other Client Accounts investing through separate accounts with similar investment objectives to the Company, information sharing may, to the extent permitted under applicable law and regulation, be more extensive, detailed and timely as compared to information available to our shareholders, and the other Client Accounts’ liquidity may not be subject to the restrictions that apply to our shareholders.

Management of the Company. In connection with the management of the Company, the Board of Directors and/or the Advisor will have the right to make certain determinations on behalf of the Company, in its discretion. Any such determinations may affect shareholders differently and some shareholders may be adversely affected by such determinations by the Board of Directors or Advisor. Shareholders may be situated differently in a number of ways, including being resident of, or organized in, various jurisdictions, being subject to different tax rules or regulatory structures and/or having different internally- or externally-imposed investment policies, restrictions or guidelines. As a result, conflicts of interest may arise in connection with decisions made by the Board of Directors or the Advisor that may be more beneficial for certain shareholders. In making determinations on behalf of the Company, including in structuring and completing investments, the Advisor intends to consider the investment and tax objectives of the Company and the shareholders as a whole, not the investment, tax or other objectives of any shareholder individually.

Subject to applicable law, including the 1940 Act, and the terms of the applicable contracts with the Company, BlackRock Entities may from time to time, and without notice to the Company or shareholders, insource or outsource to third-parties, including parties which are affiliated with BlackRock, certain processes or functions in connection with a variety of services that they provide to the Company in their administrative or other capacities. Such in-sourcing or outsourcing may give rise to potential conflicts of interest.

Limited Access to Information; Information Advantage of Certain BlackRock Clients. As a result of receiving client reports, service on a Client Account’s advisory board, affiliation with the Advisor or otherwise, one or more BlackRock clients may have access to different information regarding the BlackRock Entities’ transactions, strategies or views, and may act on such information in accounts not controlled by the BlackRock Entities, which may have a material adverse effect on the performance of the Company. The Company and its investments may also be adversely affected by market movements or by decreases in the pool of available securities or liquidity arising from purchases and sales by, as well as increases of capital in, and withdrawals of capital from, other Client Accounts and other accounts of BlackRock clients not controlled by BlackRock. These effects can be more pronounced in respect of investments with limited capacity and in thinly traded securities and less liquid markets.

Furthermore, our shareholders’ rights to information regarding the Advisor or the Company generally will be limited to applicable reporting obligations and information requirements under the Exchange Act and applicable state law. It is anticipated that the Advisor and its affiliates will obtain certain types of material information from or relating to the Company’s investments that will not be disclosed to shareholders because such disclosure is prohibited, including as a result of contractual, legal or similar obligations outside of BlackRock’s control. Such limitations on the disclosure of such information may have adverse consequences for shareholders in a variety of circumstances and may make it difficult for a shareholder to monitor the Advisor and its performance.

Advisor Decisions May Benefit BlackRock Entities and BlackRock Accounts. BlackRock Entities may derive ancillary benefits from certain decisions made on behalf of the Company. While the Advisor will make decisions for the Company in accordance with its obligations to manage the Company appropriately, the fees, allocations, compensation and other benefits to the BlackRock Entities (including benefits relating to business relationships of the BlackRock Entities) may be greater as a result of certain portfolio, investment, service provider or other decisions made by the Advisor for the Company than they would have been had other decisions been made which also might have been appropriate for the Company. In addition, BlackRock Entities may invest in Client Accounts and therefore may indirectly derive ancillary benefits from certain decisions made by the Advisor. The Advisor may also make decisions and exercise discretion with respect to the Company that could benefit BlackRock Entities that have invested in the Company.

Temporary Investments in Cash Management Products. Subject to applicable law, the Company may invest, on a temporary basis, in short-term, high-grade assets or other cash management products, including SEC-registered investment funds (open-end or closed-end) or unregistered funds, including any such funds that are sponsored, managed or serviced by advisory BlackRock Entities. In connection with any of these investments, the Company will bear all fees pertaining to the investment, including advisory, administrative or 12b-1 fees, and no portion of any fees otherwise payable by the Company will be offset against fees payable in accordance with any of these investments (i.e., there could be “double fees” involved in making any of these investments which would not arise in connection with a shareholder’s direct investment in such money market or liquidity funds, because a BlackRock Entity could receive fees with respect to both the management of the Company, on one hand, and such cash management products, on the other). In these circumstances, as well as in other circumstances in which any BlackRock Entities receive any fees or other compensation in any form relating to the provision of services, subject to the Company’s Governing Documents, no accounting, repayment to the Company or offset of the Advisory Fee will be required.

Management Responsibilities. The employees and directors of the Advisor or its affiliates are not under any obligation to devote all of their professional time to the affairs of the Company, but will devote such time and attention to the affairs of the Company as BlackRock determines in its discretion is necessary to carry out the operations of the Company effectively. Employees and directors of the Advisor engage in other activities unrelated to the affairs of the Company, including managing or advising other Client Accounts, which presents potential conflicts in allocating management time, services and functions among the Company and other Client Accounts. These potential conflicts will be exacerbated in situations where employees may be entitled to greater incentive compensation or other remuneration from certain Client Accounts than from other Client Accounts (including the Company).

The Advisor may, subject to applicable law, utilize the personnel or services of its affiliates in a variety of ways to make available to the Company BlackRock’s global capabilities. Although the Advisor believes this practice generally is in the best interests of its clients, it is possible that conflicts with respect to allocation of investment opportunities, portfolio execution, client servicing or other matters may arise due to differences in regulatory requirements in various jurisdictions, time differences or other reasons. The Advisor will seek to ameliorate any conflicts that arise and may determine not to utilize the personnel or services of a particular affiliate in circumstances where it believes the potential conflict outweighs the potential benefits.

Investments by Directors, Officers and Employees of BlackRock Entities. The directors, officers and employees of BlackRock Entities are permitted to buy and sell public or private securities, commingled vehicles or other investments held by the Company for their own accounts, or accounts of their family members and in which such BlackRock Entity personnel may have a pecuniary interest, including through accounts (or investments in funds) managed by BlackRock Entities, in accordance with BlackRock’s personal trading policies. As a result of differing trading and investment strategies or constraints, positions taken by BlackRock Entity directors, officers, and employees may be the same as or different from, or made contemporaneously or at different times than, positions taken for the Company.

Such persons and/or investment vehicles they manage also may invest in companies in the same industries as companies in which the Company expects to invest, and may compete with the Company for investment opportunities, and their investments may compete with the Company’s investments.

In addition, BlackRock personnel may serve on the boards of directors of companies in the same industries as companies in which the Company expects to invest, which can give rise to conflicting obligations and interests.

As these situations may involve potential conflicts of interest, BlackRock has adopted policies and procedures relating to personal securities transactions, insider trading and other ethical considerations. These policies and procedures are intended to identify and reduce actual conflicts of interest with clients and to resolve such conflicts appropriately if they do occur.

Issues Relating to the Valuation of Assets. While securities and other property held by the Company generally will be valued by reference to an independent third-party source, in certain circumstances holdings may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors. Moreover, a significant portion of the assets in which the Company may directly or indirectly invest may not have a readily ascertainable market value and, subject to applicable law, may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors.

Potential Restrictions on the Advisor’s Activities on Behalf of the Company. From time to time, the Advisor expects to be restricted from purchasing or selling securities or taking other actions on behalf of the Company because of regulatory and legal requirements applicable to BlackRock Entities, other Client Accounts and/or the Advisor’s internal policies designed to comply with or limit the applicability of, or which otherwise relate to, such requirements. An investment fund not advised by BlackRock Entities may not be subject to the same considerations. There may be periods when the Advisor (on behalf of the Company) may not initiate or recommend certain types of transactions, may limit or delay purchases, may sell or redeem existing investments, forego transactions or other investment opportunities, restrict or limit the exercise of rights (including voting rights), or may otherwise restrict or limit their advice with respect to securities or instruments issued by or related to issuers for which BlackRock Entities are performing advisory or other services. Such policies may restrict the Company’s activities more than required by applicable law. For example, when BlackRock Entities are engaged to provide advisory or risk management services for an issuer, the Company may be prohibited from or limited in purchasing or selling interests of that issuer, particularly in cases where BlackRock Entities have or may obtain material non-public information about the issuer. Similar prohibitions or limitations could also arise if: (i) BlackRock Entity personnel serve as directors or officers of issuers, the securities or other interests of which the Company wishes to purchase or sell, (ii) the Advisor on behalf of the Company participates in a transaction (including a controlled acquisition of a U.S. public company) that results in the requirement to restrict all purchases, sales and voting of equity securities of such target issuer, or (iii) regulations, including portfolio affiliation rules or stock exchange rules, prohibit participation in offerings by an issuer when other Client Accounts have prior holdings of such issuer’s securities or desire to participate in such a public offering, or where other Client Accounts have or may have short positions in such issuer’s securities. However, where permitted by applicable law, and where consistent with the BlackRock Entities’ policies and procedures, the BlackRock Entities may, but are not obligated to, seek to avoid such prohibitions or limitations (such as through the implementation of appropriate information barriers), and in such cases, the Advisor on behalf of the Company may purchase or sell securities or instruments that are issued by such issuers. In addition, certain activities and actions may also be considered to result in reputational risk or disadvantage for the management of the Company and/or for the Advisor and its affiliates, and the Advisor may decline or limit an investment opportunity or dispose of an existing investment as a result.

In addition, in regulated industries and in certain markets, and in certain futures and derivative transactions, there are limits on the aggregate amount of investment by affiliated investors that may not be exceeded without a regulatory filing, the grant of a license or other regulatory or corporate consent. For example, the U.S. Commodity Futures Trading Commission (“CFTC”), the U.S. commodities exchanges and certain non-U.S. exchanges have established limits referred to as “speculative position limits” or “position limits” on the maximum long or short (or, for some commodities, the gross) positions which any person or group of persons may own, hold or control in certain futures or options on futures contracts, and such rules generally require aggregation of the positions owned, held or controlled by related entities. Any such limits may prevent the Company from acquiring positions that might otherwise have been desirable or profitable. Under certain circumstances, the Advisor may restrict a purchase or sale of securities, derivative instruments or other assets on behalf of Client Accounts in anticipation of a future conflict that may arise if such purchase or sale would be made. Any such determination will take into consideration the interests of the relevant Client Accounts, the circumstances that would give rise to the future conflict and applicable law. Such determination will be made on a case by case basis.

Other Services and Activities of the BlackRock Entities. The BlackRock Entities (including the Advisor) will, from time to time, provide financial, consulting and other services to, and receive compensation from, an entity which is the issuer of a security or other investment held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. In addition, the BlackRock Entities (including the Advisor) may purchase property (including securities) from, sell property (including securities) or lend funds to, or otherwise deal with, any entity which is the issuer of a security held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. It is also likely that the Company will have multiple business relationships with and will invest in, engage in transactions with, make voting decisions with respect to, or obtain services from entities for which BlackRock Entities perform or seek to perform certain financial services. Conflicts are expected to arise in connection with the foregoing.

The BlackRock Entities may derive ancillary benefits from providing investment advisory, administrative and other services to the Company, and providing such services to the Company may enhance the BlackRock Entities’ relationships with various parties, facilitate additional business development, and enable the BlackRock Entities to obtain additional business and generate additional revenue.

Potential Restrictions and Issues Relating to Information Held by BlackRock. The Advisor may not have access to information and personnel of all BlackRock Entities, including as a result of informational barriers constructed between different investment teams and groups within BlackRock focusing on alternative investments and otherwise. Therefore, the Advisor may not be able to manage the Company with the benefit of information held by one or more other investment teams and groups within the BlackRock Entities. However, although it is under no obligation to do so, if it is permitted to do so, the Advisor may consult with personnel on other investment teams and in other groups within BlackRock, or with persons unaffiliated with BlackRock, or may form investment policy committees composed of such personnel, and in certain circumstances, personnel of affiliates of the Advisor may have input into, or make determinations regarding, portfolio management transactions for the Company, and may receive information regarding the Advisor’s proposed investment activities for the Company that generally is not available to the public. There will be no obligation on the part of such persons to make available for use by the Company any information or strategies known to them or developed in connection with their own client, proprietary or other activities. In addition, BlackRock will be under no obligation to make available any research or analysis prior to its public dissemination.

The Advisor makes decisions for the Company based on the Company’s investment program. The Advisor from time to time may have access to certain fundamental analysis, research and proprietary technical models developed by BlackRock Entities and their personnel. There will be no obligation on the part of the BlackRock Entities to make available for use by the Company, or to effect transactions on behalf of the Company on the basis of, any such information, strategies, analyses or models known to them or developed in connection with their own proprietary or other activities. In certain cases, such personnel will be prohibited from disclosing or using such information for their own benefit or for the benefit of any other person, including the Company and other Client Accounts. In other cases, fundamental analyses, research and proprietary models developed internally may be used by various BlackRock Entities and their personnel on behalf of different Client Accounts, which could result in purchase or sale transactions in the same security at different times (and could potentially result in certain transactions being made by one portfolio manager on behalf of certain Client Accounts before similar transactions are made by a different portfolio manager on behalf of other Client Accounts), or could also result in different purchase and sale transactions being made with respect to the same security. The Advisor may also effect transactions for the Company that differ from fundamental analysis, research or proprietary models issued by the BlackRock Entities or by the Advisor itself in various contexts. The foregoing transactions may negatively impact the Company and its direct and indirect investments through market movements or by decreasing the pool of available securities or liquidity, which effects can be more pronounced in thinly traded securities and less liquid markets.

The BlackRock Entities and different investment teams and groups within the Advisor have no obligation to seek information or to make available to or share with the Company any third-party manager with which the Company invests any information, research, investment strategies, opportunities or ideas known to BlackRock Entity personnel or developed or used in connection with other clients or activities. The BlackRock Entities and different investment teams and groups within the Advisor may compete with the Company or any third-party manager with which the Company invests for appropriate investment opportunities on behalf of their other Client Accounts. The results of the investment activities of the Company may differ materially from the results achieved by BlackRock Entities for other Client Accounts. BlackRock Entities may give advice and take action with respect to other Client Accounts that may compete or conflict with the advice the Advisor may give to the Company, including with respect to their view of the operations or activities of an investment, the return of an investment, the timing or nature of action relating to an investment or the method of exiting an investment.

BlackRock Entities may restrict transactions for themselves, but not for the Company, or vice versa. BlackRock Entities and certain of their personnel, including the Advisor’s personnel or other BlackRock Entity personnel advising or otherwise providing services to the Company, may be in possession of information not available to all BlackRock Entity personnel, and such personnel may act on the basis of such information in ways that have adverse effects on the Company. The Company could sustain losses during periods in which BlackRock Entities and other Client Accounts achieve significant profits.

Material, Non-Public Information. The Advisor and its personnel may not trade for the Company or other Client Accounts or for their own benefit or recommend trading in financial instruments of a company while they are in possession of material, non-public or price sensitive information (“Inside Information”) concerning such company, or disclose such Inside Information to any person not entitled to receive it. The BlackRock Entities (including the Advisor) may have access to Inside Information. The Advisor has instituted an internal information barrier policy designed to prevent securities laws violations based on access to Inside Information. Accordingly, there may be certain cases where the Advisor may be restricted from effecting purchases and/or sales of interests in securities or other financial instruments, or entering into certain transactions or exercising certain rights under such transactions on behalf of the Company and/or the other Client Accounts. There can be no assurance that the Advisor will not receive Inside Information and that such restrictions will not occur. At times, the Advisor, in an effort to avoid restriction for the Company or the other Client Accounts, may elect not to receive Inside Information, which may be relevant to the Company’s portfolio, that other market participants are eligible to receive or have received and could affect decisions that would have otherwise been made.

Any partner, officer or employee of the BlackRock Entities may serve as an officer, director, advisor or in comparable management functions for the investments of other Client Accounts, and any such person may obtain Inside Information in connection therewith, or in connection with such partner’s, officer’s or employee’s other activities in the financial markets. In an effort to manage possible risks arising from the internal sharing of material non-public information, BlackRock maintains a list of restricted securities with respect to which it has access to material non-public information and in which Client Accounts are restricted from trading. If partners, officers or employees of BlackRock obtain such material nonpublic information about a portfolio company which is an investment of a Client Account, the Company may be prohibited by law, policy or contract, for a period of time, from (i) unwinding a position in such company, (ii) establishing an initial position or taking any greater position in such company and/or (iii) pursuing other investment opportunities, which could impact the returns to the Company. In addition, in certain circumstances, particularly during the liquidation of a Client Account, the Company may be prohibited from trading a position that it holds, directly or indirectly, in the Client Account because BlackRock determines that one or more partners, officers or employees of BlackRock holds material non-public information with respect to one or more remaining positions held by the Client Account.

Transactions with Certain Shareholders. The Company is permitted to enter into transactions with certain shareholders, subject to applicable law. For example, the Advisor may be presented with opportunities to receive financing and/or other services in connection with the Company’s operations and/or the Company’s investments from certain shareholders or their affiliates that are engaged in lending or related business, which subjects the Advisor to conflicts of interest.

The Company’s Use of Investment Consultants and BlackRock’s Relationship with Investment Consultants. Shareholders may work with pension or other institutional investment consultants (collectively, “Investment Consultants”). Investment Consultants provide a wide array of services to pension plans and other institutions, including assisting in the selection and monitoring of investment advisers such as the Advisor. From time to time, Investment Consultants who recommend the Advisor to, and provide oversight of the Advisor for, shareholders may also provide services to or purchase services from the BlackRock Entities. For example, the BlackRock Entities purchase certain index and performance-related databases and human resources-related information from Investment Consultants and their affiliates. The BlackRock Entities also utilize brokerage execution services of Investment Consultants or their affiliates, and BlackRock Entities personnel may attend conferences sponsored by Investment Consultants. Conversely, from time to time, the BlackRock Entities may be hired by Investment Consultants and their affiliates to provide investment management and/or risk management services, creating possible conflicts of interest.

Other Relationships with BlackRock Entities, Clients and Market Participants. The BlackRock Entities have developed, and will in the future develop, relationships with (or may invest in) a significant number of clients and other market participants (e.g., financial institutions, service providers, managers of investment funds, banks, brokers, advisors, joint venturers, consultants, finders (including executive finders), executives, attorneys, accountants, institutional investors, family offices, lenders, current and former employees, and current and former portfolio investment executives, as well as certain family members or close contacts of these persons), including those that may hold or may have held investments similar to the investments intended to be made by the Company, that may themselves represent appropriate investment opportunities for the Company, or that may compete with the Company for investment opportunities. Furthermore, the Advisor generally exercises its discretion to recommend to the Company or to an investment thereof that it contracts for services with such clients and market participants, and/or with other BlackRock Entities. It is difficult to predict the circumstances under which these relationships could become material conflicts for the Company, but it is possible that as a result of such relationships (or agreements with other Client Accounts) the Advisor may refrain from making all or a portion of any investment or a disposition on behalf of the Company, which may materially adversely affect the performance of the Company. Certain of these persons or entities will invest (or will be affiliated with an investor) in, engage in transactions with and/or provide services (including services at reduced rates) to, the BlackRock Entities and/or Client Accounts and/or their affiliates. BlackRock expects to be subject to a potential conflict of interest with the Company in recommending the retention or continuation of a third-party service provider to such Company or a portfolio investment if such recommendation, for example, is motivated by a belief that the service provider or its affiliate(s) will continue to invest in the Company or one or more Client Accounts, will provide the BlackRock Entities information about markets and industries in which the BlackRock Entities operate (or are contemplating operations) or will provide other services that are beneficial to the BlackRock Entities, the Company or one or more Client Accounts. The Advisor expects to be subject to a potential conflict of interest in making such recommendations, in that Advisor has an incentive to maintain goodwill between it and clients and other market participants, while the products or services recommended may not necessarily be the best available or most cost effective to the Company or its investments.

Legal Representation. The Company, as well as the Advisor and/or other BlackRock Entities, have engaged several counsel to represent them. In connection with such representation, counsel has relied upon certain information furnished to them by the Advisor and the BlackRock Entities, and has not investigated or verified the accuracy or completeness of such information. Such counsel’s engagement is limited to the specific matters as to which they are consulted and, therefore, there may exist facts or circumstances that could have a bearing on the Company’s or BlackRock’s financial condition or operations with respect to which counsel has not been consulted and for which they expressly disclaim any responsibility. Counsel has not represented and will not be representing shareholders. No independent counsel has been retained (or is expected to be retained) to represent shareholders. No attorney-client

relationship exists between any counsel and any shareholder solely by such shareholder making an investment in the Company. As a result, shareholders are urged to retain their own counsel.

Resolution of Conflicts. Any conflicts of interest that arise between the Company or particular shareholders, on the one hand, and other Client Accounts or BlackRock Entities or affiliates thereof, on the other hand, will be discussed and resolved on a case-by-case basis by business, legal and compliance officers of the Advisor and its affiliates, as applicable. Any such discussions will take into consideration the interests of the relevant parties and the circumstances giving rise to the conflicts. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the interests of the Company or any affected shareholder. There can be no assurance that any actual or potential conflicts of interest will not result in the Company receiving less favorable investment or other terms with respect to investments, transactions or services than if such conflicts of interest did not exist.

Potential Impact on the Company. It is difficult to predict the circumstances under which one or more of the foregoing conflicts could become material, but it is possible that such relationships could require the Company to refrain from making all or a portion of any investment or a disposition in order for BlackRock to comply with its fiduciary duties, the 1940 Act, the Advisers Act or other applicable law. The Advisor may, under certain circumstances, seek to have conflicts or transactions involving conflicts approved in accordance with the governing agreements of the Company. Copies of Part 2A of the Advisor’s Form ADV, which includes additional detail regarding conflicts of interest that are relevant to BlackRock’s investment management business, are available at www.sec.gov and will be provided to current and prospective shareholders upon request.

The foregoing list of potential and actual conflicts of interest does not purport to be a complete enumeration of the conflicts attendant to an investment in the Company. Additional conflicts may exist that are not presently known to the Advisor, BlackRock or their respective affiliates or are deemed immaterial. Prospective investors should consult with their independent advisors before deciding whether to invest in the Company. In addition, as the investment program of the Company develops and changes over time, an investment in the Company may be subject to additional and different actual and potential conflicts of interest.

Our incentive compensation may induce our Advisor to make certain investments, including speculative investments.

The incentive compensation payable by us to the Advisor may create an incentive for the Advisor to make investments on our behalf that are risky or more speculative than would be the case in the absence of such compensation arrangement. The way in which the incentive compensation is determined may encourage the Advisor to increase the use of leverage or take additional risk to increase the return on our investments. Under certain circumstances, the use of leverage may increase the likelihood of default, which would disfavor the holders of our common stock, or of securities convertible into our common stock or warrants representing rights to purchase our common stock or securities convertible into our common stock. A rise in the general level of interest rates can be expected to lead to higher interest rates applicable to certain of our debt investments and may accordingly result in a substantial increase in the amount of incentive compensation payable to the Advisor with respect to our cumulative investment income. Although the incentive compensation is subject to a total return hurdle, the Advisor may have some ability to accelerate the realization of gains to obtain incentive compensation earlier than it otherwise would when it may be in our best interests to not yet realize gains. Our directors monitor our use of leverage and the Advisor’s management of our investment program in the best interests of our common shareholders.

We may invest, to the extent permitted by law, in the securities and instruments of other investment companies, including private funds, and, to the extent we so invest, we will bear our ratable share of any such investment company’s expenses, including management and performance fees. We will also remain obligated to pay management and incentive compensation to the Advisor with respect to the assets invested in the securities and instruments of other investment companies. With respect to each of these investments, each of our common shareholders will bear his or her share of our management and incentive compensation as well as indirectly bear the management and performance fees and other expenses of any investment companies in which we invest.

We may be obligated to pay the Advisor incentive compensation payments in excess of the amounts we would have paid if such compensation was subject to clawback arrangements.

The Advisor is entitled to incentive compensation for each fiscal quarter after January 1, 2013 in an amount equal to a percentage of our ordinary income (before deducting incentive compensation) since that date and, separately, a percentage of our realized capital gains (net of realized capital losses and unrealized depreciation) since that date, in each case subject to a cumulative total return requirement. If we pay incentive compensation and thereafter experience additional realized capital losses or unrealized capital depreciation such that we would no longer have been required to provide incentive compensation, we will not be able to recover any portion of the incentive compensation previously paid or distributed because our incentive compensation arrangements do not contain any clawback provisions. As a result, the incentive compensation could exceed 17.5% of our cumulative total return, depending on the timing of unrealized appreciation, net unrealized depreciation and net realized capital losses. For example, part of the incentive compensation payable or distributable by us that relates to our ordinary income is computed on income that may include interest that has been accrued but not yet received in cash. If a portfolio company defaults on a loan, it is possible that accrued interest previously

used in the calculation of the incentive compensation will become uncollectible. Similarly, the income component is measured against a total return limitation that includes unrealized gains. Such gains may not be realized or may be realized at a lower amount. Consequently, we may have paid incentive compensation on income in circumstances where we otherwise would not have done so and with respect to which we do not have a clawback right against the Advisor.

Our Advisor’s liability is limited under the investment management agreement, and we are required to indemnify our Advisor against certain liabilities, which may lead our Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

Our Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow our Advisor’s advice or recommendations. Pursuant to the investment management agreement, our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of our Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment and management agreement. These protections may lead our Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

We are dependent upon senior management personnel of the Advisor for our future success; if the Advisor is unable to retain qualified personnel or if the Advisor loses any member of its senior management team, our ability to achieve our investment objective could be significantly harmed.

The success of the Company is highly dependent on the financial and managerial expertise of the Advisor. The loss of one or more of the voting members of the Investment Committee could have a material adverse effect on the performance of the Company. Although the Advisor and the voting members of the Investment Committee devote a significant amount of their respective efforts to the Company, they actively manage investments for other clients and are not required to (and will not) devote all of their time to the Company’s affairs. In addition, in connection with the acquisition of the Advisor by BlackRock in August 2018, certain senior members of the Advisor's investment team and other key advisory personnel were granted retention bonuses. As the last of such retention bonuses have been paid, there may be less economic incentive for certain senior investment team members and certain other key personnel to remain with the Advisor than in prior periods. The loss of key members of the Advisor’s investment team, or a material portion of other key advisory personnel, could have a material adverse effect on the performance of the Company if the Advisor were unable to replace such persons in a timely manner.

The Advisor can resign on 60 days’ notice, and we may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations.

The Advisor has the right, under our investment management agreement, to resign at any time upon not more than 60 days’ written notice, whether we have found a replacement or not. If the Advisor resigns, we may not be able to find a new investment advisor or hire internal management with similar expertise and ability to provide the same or equivalent services on acceptable terms within 60 days, or at all. If we are unable to do so quickly, our operations are likely to experience a disruption, our financial condition, business and results of operations as well as our ability to pay distributions are likely to be adversely affected and the market price of our common stock may decline. In addition, the coordination of our internal management and investment activities is likely to suffer if we are unable to identify and reach an agreement with a single institution or group of executives having the expertise possessed by the Advisor and its affiliates. Even if we are able to retain comparable management, whether internal or external, the integration of such management and their lack of familiarity with our investment objective may result in additional costs and time delays that may adversely affect our financial condition, business and results of operations.

We may in the future determine to fund a portion of our investments by issuing preferred stock, which would magnify the potential gains or losses and the risks of investing in us in the same manner as our borrowings.

Preferred stock, which is another form of leverage, has the same risks to our common shareholders as borrowings because the dividends on any preferred stock we issue must be cumulative. Payment of such dividends and repayment of the liquidation preference of such preferred stock must take preference over any dividends or other payments to our common shareholders and preferred shareholders are not subject to any of our expenses or losses, and are not entitled to participate in any income or appreciation in excess of their stated preference.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

We may experience fluctuations in our periodic operating results.

We could experience fluctuations in our periodic operating results due to a number of factors, including the interest rates payable on the debt securities we acquire, the default rate on such securities, the level of our expenses (including the interest rates payable on our borrowings), the dividend rates payable on preferred stock we issue, variations in and the timing of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in our markets and general economic conditions. As a result of these factors, results for any period should not be relied upon as being indicative of performance in future periods.

If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced.

We qualify as a BDC under the 1940 Act. The 1940 Act imposes numerous constraints on the operations of business development companies. For example, BDCs are prohibited from making any unqualifying investments unless at least 70% of their total assets are invested in qualifying investments which are primarily securities of private or thinly-traded U.S. companies, cash, cash equivalents, U.S. government securities and other high quality debt investments that mature in one year or less. Failure to comply with the requirements imposed on business development companies by the 1940 Act could cause the SEC to bring an enforcement action against us and/or expose us to claims of private litigants. In addition, any such failure could cause an event of default under the Leverage Program, which could have a materially adverse effect on our business, financial conditions or results of operations.

Because we intend to distribute substantially all of our income to our shareholders to maintain our status as a RIC, under the Code we will continue to need additional capital to finance growth. If additional funds are unavailable or not available on favorable terms, our ability to grow will be impaired.

We have elected to be treated for federal income tax purposes as a RIC under Subchapter M of the Code. If we can meet certain requirements, including source of income, asset diversification and distribution requirements, and if we continue to qualify as a BDC, we will continue to qualify to be a RIC under the Code and will not have to pay corporate-level taxes on income we distribute to our shareholders, allowing us to substantially reduce or eliminate our corporate-level tax liability. As a result, we intend to distribute to our shareholders substantially all of our annual taxable income, except that we may retain certain net capital gains for reinvestment in common interests of SVCP, and treat such amounts as deemed distributions to our shareholders. If we elect to treat any amounts as deemed distributions, we must pay income taxes at the corporate rate on such deemed distributions on behalf of our shareholders and our shareholders will receive a tax credit for such amounts and an increase in basis. A shareholder that is not subject to U.S. federal income tax or otherwise is not required to file a U.S. federal income tax return would be required to file a U.S. federal income tax return on the appropriate form in order to claim a refund for the taxes we paid. As a result of these requirements, we will likely need to raise capital from other sources to grow our business. Unfavorable economic or capital market conditions may increase our funding costs, limit our access to the capital markets or could result in a decision by lenders not to extend credit to us. An inability to successfully access the capital markets could limit our ability to grow our business and fully execute our business strategy and could decrease our earnings, if any.

As a BDC, we are not able to incur senior securities unless after giving effect thereto we meet a coverage ratio of total assets, less liabilities and indebtedness not represented by senior securities, to total senior securities, which includes all of our borrowings, of at least 150%. This means that for every $100 of net assets, we may raise $200 from senior securities, such as borrowings or issuing preferred stock. These requirements limit the amount that we may borrow. On July 13, 2015, we obtained exemptive relief from the SEC to permit us to exclude the debt of TCPC SBIC LP guaranteed by the SBA from our 150% asset coverage test under the 1940 Act. The exemptive relief provides us with increased flexibility under the 150% asset coverage test by permitting the SBIC to borrow up to $141.5 million more than it would otherwise be able to absent the receipt of this exemptive relief.

Because we will continue to need capital to grow our investment portfolio, these limitations may prevent us from incurring debt and require us to raise additional equity at a time when it may be disadvantageous to do so. While we expect we will be able to borrow and to issue additional debt securities and expect that we will be able to issue additional equity securities, we cannot assure you that debt and equity financing will be available to us on favorable terms, or at all. In addition, as a BDC, we generally will not be permitted to issue equity securities priced below net asset value without shareholder approval. If additional funds are not available to us, we could be forced to curtail or cease new investment activities and our net asset value or common stock price could decline.

The highly competitive market in which we operate may limit our investment opportunities.

A number of entities compete with us to make the types of investments that we make. We compete with other BDCs, public and private funds, commercial and investment banks, commercial financing companies, and, to the extent they provide an alternative form of financing, private equity funds. Additionally, because competition for investment opportunities generally has increased among alternative investment vehicles, such as hedge funds, those entities now invest in areas in which they have not traditionally invested, including making investments in middle-market private companies. As a result of these new entrants, competition for investment opportunities intensified over the past several years and may intensify further in the future. Some of our existing and potential competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of funds and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than us. Furthermore, many of our competitors are not subject to the regulatory restrictions and valuation requirements that the 1940 Act imposes on us as a BDC and that the Code imposes on us as a RIC. We cannot assure you that the competitive pressures we face will not have a material adverse effect on our business, financial condition and results of operations. Also, as a result of this existing and potentially increasing competition, we may not be able to take advantage of attractive investment opportunities from time to time, and we can offer no assurance that we will be able to identify and make investments that are consistent with our investment objective.

We do not seek to compete primarily based on the interest rates we offer, and we believe that some of our competitors make loans with interest rates that are comparable to or lower than the rates we offer.

We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we match our competitors’ pricing, terms and structure, we may experience decreased net interest income and increased risk of credit loss. As a result of operating in such a competitive environment, we may make investments that are on better terms to our portfolio companies than what we may have originally anticipated, which may impact our return on these investments.

Our Board of Directors may change our investment objective, operating policies and strategies without prior notice or shareholder approval, the effect of which may be adverse.

Our Board of Directors has the authority to modify or waive certain of our investment objective, operating policies and strategies without prior notice and without shareholder approval (except as required by the 1940 Act). However, absent shareholder approval, we may not change the nature of our business so as to cease to be, or withdraw our election as, a BDC. We cannot predict the effect any changes to our current operating policies and strategies would have on our business, operating results or value of our common stock. Nevertheless, the effects could adversely affect our business and impact our ability to make distributions to our shareholders.

BlackRock Acquisition of HPS.

On December 3, 2024, BlackRock entered into an agreement with HPS LLC for BlackRock to acquire 100% of the business and assets of HPS LLC (the “BlackRock/HPS Transaction”). The BlackRock/HPS Transaction remains subject to a number of conditions, including the receipt of certain HPS LLC investor consents, regulatory approvals and satisfaction of other customary closing conditions. There can be no assurances that the BlackRock/HPS Transaction will take place. However, the operation of BlackRock and the Advisor may nonetheless be adversely affected as a result of efforts expended pursuing the completion of the BlackRock/HPS Transaction.

If the BlackRock/HPS Transaction occurs, HPS LLC will be owned by BlackRock. There is no guarantee that BlackRock will be able to successfully maintain and continue to build its business after the BlackRock/HPS Transaction or that BlackRock or the Advisor will be able to successfully optimize their business operations following the completion of the BlackRock/HPS Transaction. In particular, as with any business combination, BlackRock and the Advisor will be subject to substantial risks, including with respect to the long-term retention of key employees, the successful consolidation of corporate, technological and administrative infrastructures and the retention of existing business and operational relationships. It is possible that employees currently involved in the operation of the Advisor may not continue with the Advisor after the BlackRock/HPS Transaction and the operations and business relationships of BlackRock and the Advisor may be disrupted following the BlackRock/HPS Transaction. The integration of HPS LLC into BlackRock will be a complex, costly and time-consuming process and if BlackRock experiences difficulties in this process, the anticipated benefits may not be realized fully or at all, or may take longer to realize than expected, which could have an adverse effect on BlackRock and the Advisor for an undetermined period. There can be no assurances that BlackRock or the Advisor will realize the potential operating efficiencies, synergies and other benefits currently anticipated from the BlackRock/HPS Transaction, and a failure to obtain such synergies may adversely affect the operations of BlackRock or the Advisor. Some of the challenges presented by the integration of the businesses are outside of BlackRock’s control, and any of them could result in delays, increased costs, decreases in the amount of potential synergies and diversion of management’s time and energy, which could materially affect BlackRock or the Advisor. In the

event that the BlackRock/HPS Transaction has an adverse impact on the Advisor, including for the foregoing reasons, our operations and investment results may be adversely affected.

          
Risks Related to Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

Risks related to our investments

Our investments are risky and highly speculative, and we could lose all or part of our investment.

We invest primarily in middle-market companies primarily through leveraged loans.

Risks Associated with Middle-market Companies. Investing in private middle-market companies involves a number of significant risks, including:

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these companies may have limited financial resources and may be unable to meet their obligations under their debt securities that we hold, which may be accompanied by a deterioration in the value of any collateral;
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they typically have shorter operating histories, narrower product lines and smaller market shares than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns;
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they are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation or termination of one or more of these persons could have a material adverse impact on the portfolio company and, in turn, on us;
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they generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position;
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our executive officers, directors and the Advisor may, in the ordinary course of business, be named as defendants in litigation arising from our investments in the portfolio companies;
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changes in laws and regulations, as well as their interpretations, may adversely affect their respective businesses, financial structures or prospects; and
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they may have difficulty accessing the capital markets to meet future capital needs.

Limited public information exists about private middle-market companies, and we expect to rely on the Advisor’s investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. These companies and their financial information are not subject to the Sarbanes-Oxley Act of 2002 and other rules that govern disclosures and financial controls of public companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and we may lose money on our investment.

Lower Credit Quality Obligations. Most of our debt investments are likely to be in lower grade obligations. The lower grade investments in which we invest may be rated below investment grade by one or more nationally-recognized statistical rating agencies at the time of investment or may be unrated but determined by the Advisor to be of comparable quality. Debt securities rated below investment grade are commonly referred to as “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The debt that we invest in typically is not rated prior to our investment by any rating agency, but we believe that if such investments were rated, they would be below investment grade (rated lower than “Baa3” by Moody’s Investors Service, lower than “BBB-” by Fitch Ratings or lower than “BBB-” by Standard & Poor’s). We may invest without limit in debt of any rating, as well as debt that has not been rated by any nationally recognized statistical rating organization.

Investment in lower grade investments involves a substantial risk of loss. Lower grade securities or comparable unrated securities are considered predominantly speculative with respect to the issuer’s ability to pay interest and principal and are susceptible to default or decline in market value due to adverse economic and business developments. The market values for lower grade debt tend to be very volatile and are less liquid than investment grade securities. For these reasons, your investment in our company is subject to the following specific risks:

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increased price sensitivity to a deteriorating economic environment;
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greater risk of loss due to default or declining credit quality;
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adverse company specific events are more likely to render the issuer unable to make interest and/or principal payments; and
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if a negative perception of the lower grade debt market develops, the price and liquidity of lower grade securities may be depressed. This negative perception could last for a significant period of time.

Adverse changes in economic conditions are more likely to lead to a weakened capacity of a lower grade issuer to make principal payments and interest payments than an investment grade issuer. The principal amount of lower grade securities outstanding has proliferated in the past decade as an increasing number of issuers have used lower grade securities for corporate financing. An economic downturn could severely affect the ability of highly leveraged issuers to service their debt obligations or to repay their obligations upon maturity. Similarly, downturns in profitability in specific industries could adversely affect the ability of lower grade issuers in that industry to meet their obligations. The market values of lower grade debt tend to reflect individual developments of the issuer to a greater extent than do higher quality investments, which react primarily to fluctuations in the general level of interest rates. Factors having an adverse impact on the market value of lower grade debt may have an adverse effect on our net asset value and the market value of our common stock. In addition, we may incur additional expenses to the extent we are required to seek recovery upon a default in payment of principal of or interest on our portfolio holdings. In certain circumstances, we may be required to foreclose on an issuer’s assets and take possession of its property or operations. In such circumstances, we would incur additional costs in disposing of such assets and potential liabilities from operating any business acquired.

The secondary market for lower grade debt is unlikely to be as liquid as the secondary market for more highly rated debt, a factor which may have an adverse effect on our ability to dispose of a particular instrument. There are fewer dealers in the market for lower grade securities than investment grade obligations. The prices quoted by different dealers may vary significantly and the spread between the bid and asked price is generally larger than for higher quality instruments. Under adverse market or economic conditions, the secondary market for lower grade debt could contract further, independent of any specific adverse changes in the condition of a particular issuer, and these instruments may become highly illiquid. As a result, we could find it more difficult to sell these instruments or may be able to sell the securities only at prices lower than if such instruments were widely traded. Prices realized upon the sale of such lower rated or unrated securities, under these circumstances, may be less than the prices used in calculating our net asset value.

Since investors generally perceive that there are greater risks associated with lower grade debt of the type in which we may invest a portion of our assets, the yields and prices of such debt may tend to fluctuate more than those for higher rated instruments. In the lower quality segments of the fixed income markets, changes in perceptions of issuers’ creditworthiness tend to occur more frequently and in a more pronounced manner than do changes in higher quality segments of the income securities market, resulting in greater yield and price volatility.

Distressed Debt Securities Risk. At times, distressed debt obligations may not produce income and may require us to bear certain extraordinary expenses (including legal, accounting, valuation and transaction expenses) in order to protect and recover our investment. Therefore, to the extent we invest in distressed debt, our ability to achieve current income for our shareholders may be diminished. We also will be subject to significant uncertainty as to when and in what manner and for what value the distressed debt we invest in will eventually be satisfied (e.g., through a liquidation of the obligor’s assets, an exchange offer or plan of reorganization involving the distressed debt securities or a payment of some amount in satisfaction of the obligation). In addition, even if an exchange offer is made or plan of reorganization is adopted with respect to distressed debt we hold, there can be no assurance that the securities or other assets received by us in connection with such exchange offer or plan of reorganization will not have a lower value or income potential than may have been anticipated when the investment was made. Moreover, any securities received by us upon completion of an exchange offer or plan of reorganization may be restricted as to resale. As a result of our participation in negotiations with respect to any exchange offer or plan of reorganization with respect to an issuer of distressed debt, we may be restricted from disposing of such securities.

Payment-in-kind Interest Risk. Our loans may contain a payment-in-kind, or PIK, interest provision. PIK investments carry additional risk as holders of these types of securities receive no cash until the cash payment date unless a portion of such securities is sold. If the issuer defaults the Company may obtain no return on its investment. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income. To avoid the imposition of corporate-level tax on us, this non-cash source of income needs to be paid out to shareholders in cash distributions or, in the event that we determine to do so and in certain cases, in shares of our common stock, even though we have not yet collected and may never collect the cash relating to the PIK interest. As a result, we may have to distribute a taxable stock dividend to account for PIK interest even though we have not yet collected the cash.

Preferred Stock Risk. To the extent we invest in preferred securities, there are special risks, including:

Deferral. Preferred securities may include provisions that permit the issuer, at its discretion, to defer distributions for a stated period without any adverse consequences to the issuer. If we own a preferred security that is deferring its distributions, we may be required to report income for tax purposes although we have not yet received such income.

Subordination. Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income and liquidation payments, and therefore will be subject to greater credit risk than more senior debt instruments.

Liquidity. Preferred securities may be substantially less liquid than many other securities, such as common stocks or U.S. Government securities.

Limited Voting Rights. Generally, preferred security holders have no voting rights with respect to the issuing company unless preferred dividends have been in arrears for a specified number of periods, at which time the preferred security holders may elect a number of directors to the issuer’s board. Generally, once all the arrearages have been paid, the preferred security holders no longer have voting rights.

Equity Security Risk. We may have exposure to equity securities. Although equity securities have historically generated higher average total returns than fixed-income securities over the long term, equity securities also have experienced significantly more volatility in those returns. The equity securities that we acquire may fail to appreciate and may decline in value or become worthless.

A trading market or market value of our debt securities may fluctuate.

In the event we issue debt securities, they may or may not have an established trading market. We cannot assure you that a trading market for debt securities will ever develop or be maintained if developed. In addition to our creditworthiness, many factors may materially adversely affect the trading market for, and market value of, debt securities we may issue. These factors include, but are not limited to, the following:

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the time remaining to the maturity of these debt securities;
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the outstanding principal amount of debt securities with terms identical to these debt securities;
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the ratings assigned by national statistical ratings agencies;
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the general economic environment;
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the supply of debt securities trading in the secondary market, if any;
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the redemption or repayment features, if any, of these debt securities;
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the level, direction and volatility of market interest rates generally; and
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market rates of interest higher or lower than rates borne by the debt securities.

You should also be aware that there may be a limited number of buyers if and when you decide to sell your debt securities. This too may materially adversely affect the market value of the debt securities or the trading market for the debt securities.

We may expose ourselves to risks if we engage in hedging transactions.

We may enter into hedging transactions, which could expose us to risks associated with such transactions. We may utilize instruments such as forward contracts and interest rate swaps, caps, collars and floors to seek to hedge against fluctuations in the relative values of our portfolio positions and amounts due under our debt arrangements from changes in market interest rates. Use of these hedging instruments may include counterparty credit risk. Utilizing such hedging instruments does not eliminate the possibility of fluctuations in the values of such positions and amounts due under our debt arrangements or prevent losses if the values of such positions decline. However, such hedging can establish other positions designed to gain from those same developments, thereby offsetting the decline in the value of such portfolio positions. Such hedging transactions may also limit the opportunity for gain if the values of the underlying portfolio positions should increase. Moreover, it may not be possible to hedge against an interest rate fluctuation that is so generally anticipated that we are not able to enter into a hedging transaction at an acceptable price. The Dodd-Frank Act has made broad changes to the OTC derivatives market, granted significant new authority to the CFTC and the SEC to regulate OTC derivatives (swaps and security-based swaps) and participants in these markets. The Dodd-Frank Act is intended to regulate the OTC derivatives market by requiring many derivative transactions to be cleared and traded on an exchange, expanding entity registration requirements, imposing business conduct requirements on dealers and requiring banks to move some derivatives trading units to a non-guaranteed affiliate separate from the deposit-taking bank or divest them altogether. The CFTC has implemented mandatory clearing and exchange-trading of certain OTC derivatives contracts including many standardized interest rate swaps and credit default index swaps. The CFTC continues to approve contracts for central clearing. Exchange-trading and central clearing are expected to reduce counterparty credit risk by substituting the clearinghouse as the counterparty to a swap and increase liquidity, but exchange-trading and central clearing do not make swap transactions risk-free. Uncleared swaps, such as non-deliverable foreign currency forwards, are subject to certain margin requirements that mandate the posting and collection of minimum margin amounts. This requirement may result in the portfolio and its counterparties posting higher margin amounts for uncleared swaps than would otherwise be the case. Certain rules require centralized reporting of detailed information about many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject a portfolio to additional administrative burdens, and the safeguards established to protect trader anonymity

may not function as expected. Future CFTC or SEC rulemakings to implement the Dodd-Frank Act requirements could potentially limit or completely restrict our ability to use these instruments as a part of our investment strategy, increase the costs of using these instruments or make them less effective. Limits or restrictions applicable to the counterparties with which we engage in derivative transactions could also prevent us from using these instruments or affect the pricing or other factors relating to these instruments, or may change availability of certain investments. Rule 18f-4 under the 1940 Act requires the Company to implement and comply with limits on the amount of derivatives the Company can enter into and treat derivatives as senior securities so that a failure to comply with the limits would result in a statutory violation and require the Company, if the Company’s use of derivatives is more than a limited specified exposure amount (10% of net assets), to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager.

The success of our hedging transactions will depend on our ability to correctly predict movements and interest rates. Therefore, while we may enter into such transactions to seek to reduce interest rate risks, unanticipated changes in interest rates may result in poorer overall investment performance than if we had not engaged in any such hedging transactions. In addition, the degree of correlation between price movements of the instruments used in a hedging strategy and price movements in the portfolio positions being hedged may vary. Moreover, for a variety of reasons, we may not seek to establish a perfect correlation between such hedging instruments and the portfolio holdings or debt arrangements being hedged. Any such imperfect correlation may prevent us from achieving the intended hedge and expose us to risk of loss.

We are subject to credit risk related to investments in our portfolio companies and with our financial institutions and counterparties.

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

The Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

Because our investments are generally not in publicly traded securities, there will be uncertainty regarding the value of our investments, which could adversely affect the determination of our net asset value.

Our portfolio investments will generally not be in publicly traded securities. As a result, although we expect that some of our equity investments may trade on private secondary marketplaces, the fair value of our direct investments in portfolio companies will often not be readily determinable. Under the 1940 Act, investments for which there are no readily available market quotations, including securities that while listed on a private securities exchange have not actively traded, will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee determines the value of our investments in accordance with such valuation policy. In connection with such determination, the Valuation Designee utilizes the services of an independent valuation firm, which prepares valuation reports on a quarterly basis for most of our portfolio investments that are not publicly traded or for which we do not have readily available market quotations, including securities that while listed on a private securities exchange, have not actively traded. However, the Valuation Designee retains ultimate authority as to the appropriate valuation of each such investment. The types of factors that the Valuation Designee takes into account in approving fair value with respect to such non-traded investments includes, as relevant and, to the extent available, the portfolio company’s earnings, the markets in which the portfolio company does business, comparison to valuations of publicly traded companies, comparisons to recent sales of comparable companies, the discounted value of the cash flows of the portfolio company and other relevant factors. This information may not be available because it is difficult to obtain financial and other information with respect to private companies, and even where we are able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, our determinations of fair value may differ materially from the values that would be assessed if a readily available market for these securities existed. Due to this uncertainty, our fair value determinations with respect to any non-traded investments we hold may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated net asset value may pay a higher market price than the value of our investments might warrant. Conversely, investors selling securities based on a net asset value that understates the value of our investments may receive a lower market price for their securities than the value of our investments might warrant.

We and the Advisor may be a party to legal proceedings in connection with our investments in our portfolio companies.

From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements.

We may not be in a position to exercise control over our portfolio companies or to prevent decisions by management of our portfolio companies that could decrease the value of our investments.

We do not generally intend to take controlling equity positions in our portfolio companies. To the extent that we do not hold a controlling equity interest in a portfolio company, we are subject to the risk that such portfolio company may make business decisions with which we disagree, and the shareholders and management of such portfolio company may take risks or otherwise act in ways that are adverse to our interests. Due to the lack of liquidity for the debt and equity investments that we typically hold in our portfolio companies, we may not be able to dispose of our investments in the event we disagree with the actions of a portfolio company, and may therefore suffer a decrease in the value of our investments.

In addition, we may not be in a position to control any portfolio company by investing in its debt securities. As a result, we are subject to the risk that a portfolio company in which we invest may make business decisions with which we disagree and the management of such company, as representatives of the holders of their common equity, may take risks or otherwise act in ways that do not serve our interests as debt investors.

Our portfolio companies may incur debt that ranks equally in right of payment with, or senior to, our investments in such companies.

The portfolio companies we invest in usually have, or may be permitted to incur, other debt that ranks equally in right of payment with, or senior to, the debt securities in which we invest. By their terms, such debt instruments may provide that the holders are entitled to receive payment of interest or principal on or before the dates on which we are entitled to receive payments in respect of the debt securities in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution in respect of our investment. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally in right of payment with debt securities in which we invest, we would have to share any distributions on an equal and ratable basis with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company.

Additionally, certain loans that we make to portfolio companies may be secured on a second priority basis by the same collateral securing senior secured debt of such companies. The first priority liens on the collateral will secure the portfolio company’s obligations under any outstanding senior debt and may secure certain other future debt that may be permitted to be incurred by the portfolio company under the agreements governing the loans. The holders of obligations secured by the first priority liens on the collateral will generally control the liquidation of and be entitled to receive proceeds from any realization of the collateral to repay their obligations in full before us. In addition, the value of the collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from the sale or sales of all of the collateral would be sufficient to satisfy the loan obligations secured by the second priority liens after payment in full of all obligations secured by the first priority liens on the collateral. If such proceeds are not sufficient to repay amounts outstanding under the loan obligations secured by the second priority liens, then we, to the extent not repaid from the proceeds of the sale of the collateral, will only have an unsecured claim against the portfolio company’s remaining assets, if any.

The rights we may have with respect to the collateral securing the loans we make to our portfolio companies with senior debt outstanding may also be limited pursuant to the terms of one or more intercreditor agreements, including agreements governing “first out” and “last out” structures, that we enter into with the holders of senior debt. Under such an intercreditor agreement, at any time that obligations that have the benefit of the first priority liens are outstanding, any of the following actions that may be taken in respect of the collateral will be in good faith under the direction of the holders of the obligations secured by the first priority liens: the ability to cause the commencement of enforcement proceedings against the collateral; the ability to control the conduct of such proceedings; the approval of amendments to collateral documents; releases of liens on the collateral; and waivers of past defaults under collateral documents. We may not have the ability to control or direct such actions, even if our rights are adversely affected.

When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our portfolio holdings.

When we make debt or minority equity investments, we are subject to the risk that a portfolio company may make business decisions with which we disagree and the other equity holders and management of such company may take risks or otherwise act in ways that do not serve our interests. As a result, a portfolio company may make decisions that could decrease the value of our investment.

We may also make unsecured loans to portfolio companies, meaning that such loans will not benefit from any interest in collateral of such companies. Liens on such portfolio companies’ collateral, if any, will secure the portfolio company’s obligations under its outstanding secured debt and may secure certain future debt that is permitted to be incurred by the portfolio company under its secured loan agreements. The holders of obligations secured by such liens will generally control the liquidation of, and be entitled to receive proceeds from, any realization of such collateral to repay their obligations in full before us. In addition, the value of such collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from sales of such collateral would be sufficient to satisfy our unsecured loan obligations after payment in full of all secured loan obligations. If such proceeds were not sufficient to repay the outstanding secured loan obligations, then our unsecured claims would rank equally in right of payment with the unpaid portion of such secured creditors’ claims against the portfolio company’s remaining assets, if any.

There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.

If one of our portfolio companies were to go bankrupt, even though we may have structured our interest as senior debt, depending on the facts and circumstances, a bankruptcy court might recharacterize our debt holding as an equity investment and subordinate all or a portion of our claim to that of other creditors. In addition, lenders can be subject to lender liability claims for actions taken by them where they become too involved in the borrower’s business or exercise control over the borrower. For example, we could become subject to a lender’s liability claim, if, among other things, we actually render significant managerial assistance. Additionally, these companies may not be able to get a full tax deduction for such borrowings.

Our portfolio companies may be highly leveraged.

Some of our portfolio companies may be highly leveraged, which may have adverse consequences to these companies and to us as an investor. These companies may be subject to restrictive financial and operating covenants and the leverage may impair these companies’ ability to finance their future operations and capital needs. As a result, these companies’ flexibility to respond to changing business and economic conditions and to take advantage of business opportunities may be limited. Further, a leveraged company’s income and net assets will tend to increase or decrease at a greater rate than if borrowed money were not used.

Our portfolio companies may prepay loans, which prepayment may reduce stated yields in the future if capital returned cannot be invested in transactions with equal or greater expected yields.

Certain of the loans we make are prepayable at any time, some of them at no premium to par. We cannot predict when such loans may be prepaid. Whether a loan is prepaid will depend both on the continued positive performance of the portfolio company and the existence of favorable financing market conditions that permit such company to replace existing financing with less expensive capital. As market conditions change frequently, it is unknown when, and if, this may be possible for each portfolio company. In the case of some of these loans, having the loan prepaid early may reduce the achievable yield for the Company in the future below the current yield disclosed for our portfolio if the capital returned cannot be invested in transactions with equal or greater expected yields.

Concentration of our assets in an issuer, industry or sector may present more risks than if we were more broadly diversified over numerous issuers, industries and sectors of the economy.

We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. To the extent that we assume large positions in the securities of a small number of issuers, our net asset value may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company.

In addition, we may, from time to time, invest a substantial portion of our assets in the securities of issuers in any single industry or sector of the economy or in only a few issuers. We cannot predict the industries or sectors in which our investment strategy may cause us to concentrate and cannot predict the level of our diversification among issuers to ensure that we satisfy diversification requirements for qualification as a RIC for U.S. federal income tax purposes. A downturn in an industry or sector in which we are concentrated would have a larger impact on us than on a company that does not concentrate in that particular industry or sector. Furthermore, the Advisor has not made and does not intend to make any determination as to the allocation of assets among different classes of securities. At any

point in time we may be highly concentrated in a single type of asset, such as junior unsecured loans or distressed debt. Consequently, events which affect a particular asset class disproportionately could have an equally disproportionate effect on us.

Our failure to make follow-on investments in our portfolio companies could impair the value of our portfolio.

Following an initial investment in a portfolio company, we may make additional investments in that portfolio company as “follow-on” investments in order to: (1) increase or maintain in whole or in part our equity ownership percentage; (2) exercise warrants, options or convertible securities that were acquired in the original or subsequent financing; or (3) attempt to preserve or enhance the value of our initial investment.

We may elect not to make follow-on investments or otherwise lack sufficient funds to make those investments. Our failure to make follow-on investments may, in some circumstances, jeopardize the continued viability of a portfolio company and our initial investment, or may result in a missed opportunity for us to increase our participation in a successful operation. Even if we have sufficient capital to make a desired follow-on investment, we may elect not to make such follow-on investment because we may not want to increase our concentration of risk, because we prefer other opportunities, because we are inhibited by compliance with BDC requirements or because we desire to maintain our tax status.

Our investments in the software, internet software & services, and IT services and internet & catalog retail sectors are subject to various risks, including intellectual property infringement issues and rapid technological changes, which may adversely affect our performance. Each industry contains certain industry related credit risks.

General risks of companies in the Software, Internet & Catalog Retail, and IT Services sectors include intellectual property infringement liability issues, the inability to protect Internet software and other propriety technology, extensive competition and limited barriers to entry. Generally, the market for Internet software and services is categorized by rapid technological change, evolving industry standards, changes in customer requirements and frequent new product introduction and enhancements. If a portfolio company in the Internet software and services sector cannot develop new products and enhance its current products in response to technological changes and competing products, its business and operating results will be negatively affected. In addition, there has been a substantial amount of litigation in the Internet software and services relating to intellectual property rights. Regardless of whether claims that a company is infringing patents or other intellectual property have any merit, these claims are time-consuming and costly. Moreover, an Internet software and services company must monitor the unauthorized use of its intellectual property, which may be difficult and costly. A company’s failure to protect its intellectual property could put it at a disadvantage to its competitors and harm its business, results of operations and financial condition. If an internet software and services company in which we invest is unable to navigate these risks, our performance may be adversely affected.

Our investments in the financial services sector are subject to various risks including volatility and extensive government regulation.

These risks include the effects of changes in interest rates on the profitability of financial services companies, the rate of corporate and consumer debt defaults, price competition, governmental limitations on a company’s loans, other financial commitments, product lines and other operations and recent ongoing changes in the financial services industry (including consolidations, development of new products and changes to the industry’s regulatory framework). Insurance companies have additional risks, such as heavy price competition, claims activity and marketing competition, and can be particularly sensitive to specific events such as man-made and natural disasters (including weather catastrophes), terrorism, mortality risks and morbidity rates.

Our investments in non-U.S. portfolio companies and securities may involve significant risks in addition to the risks inherent in U.S. investments.

Our investment strategy contemplates that a portion of our investments may be in securities of foreign companies in order to provide diversification or to complement our U.S. investments, although we are required generally to invest at least 70% of our assets in companies organized and having their principal place of business within the U.S. and its possessions. Accordingly, we may invest on an opportunistic basis in certain non-U.S. companies, including those located in emerging markets, that otherwise meet our investment criteria. In regards to the regulatory requirements for business development companies, some of these investments may not qualify as investments in “eligible portfolio companies,” and thus may not be considered “qualifying assets.” “Eligible portfolio companies” generally include U.S. companies that are not investment companies and that do not have securities listed on a national exchange or, if they have listed securities, they have a market capitalization of less than $250 million. If at any time less than 70% of our gross assets are comprised of qualifying assets, including as a result of an increase in the value of any non-qualifying assets or decrease in the value of any qualifying assets, we would generally not be permitted to acquire any additional non-qualifying assets until such time as 70% of our then current gross assets were comprised of qualifying assets. We would not be required, however, to dispose of any non-qualifying assets in such circumstances. In addition, investing in foreign companies, and particularly those in emerging markets, may expose us to

additional risks not typically associated with investing in U.S. companies. These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the United States, higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility. These risks may be more pronounced for portfolio companies located or operating primarily in emerging markets, whose economies, markets and legal systems may be less developed. Further, we may have difficulty enforcing our rights as equity holders in foreign jurisdictions. In addition, to the extent we invest in non-U.S. companies, we may face greater exposure to foreign economic developments.

Although it is anticipated that most of our investments will be denominated in U.S. dollars, our investments that are denominated in a foreign currency will be subject to the risk that the value of a particular currency may change in relation to the U.S. dollar. Among the factors that may affect currency values are trade balances, the level of short-term interest rates, differences in relative values of similar assets in different currencies, long-term opportunities for investment and capital appreciation and political developments. We may employ hedging techniques to minimize these risks, but we can offer no assurance that we will, in fact, hedge currency risk or, that if we do, such strategies will be effective. As a result, a change in currency exchange rates may adversely affect our profitability.

The effect of global climate change may impact the operations of our portfolio companies.

There may be evidence of global climate change. Climate change creates physical and financial risk and some of our portfolio companies may be adversely affected by climate change. For example, the needs of customers of energy companies vary with weather conditions, primarily temperature and humidity. To the extent weather conditions are affected by climate change, energy use could increase or decrease depending on the duration and magnitude of any changes. Increases in the cost of energy could adversely affect the cost of operations of our portfolio companies if the use of energy products or services is material to their business. A decrease in energy use due to weather changes may affect some of our portfolio companies’ financial condition, through decreased revenues. Extreme weather conditions in general require more system backup, adding to costs, and can contribute to increased system stresses, including service interruptions. Other risks associated with climate change include risks related to the impact of climate-related legislation and regulation (both domestically and internationally), as well as risks related to climate-related business trends.

We may invest in “covenant-lite” loans, which could have limited investor protections, and expose us to different and increased risks.

We may invest in, or obtain exposure to, obligations that may be “covenant-lite,” which means such obligations lack, or possess fewer, financial covenants that protect lenders. Covenant-lite agreements feature incurrence covenants, as opposed to more restrictive maintenance covenants. Under a maintenance covenant, the borrower would need to meet regular, specific financial tests, while under an incurrence covenant, the borrower only would be required to comply with the financial tests at the time it takes certain actions (e.g., issuing additional debt, paying a dividend, making an acquisition). A covenant-lite obligation contains fewer maintenance covenants than other obligations, or no maintenance covenants, and may not include terms that allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached. Furthermore, in the event of default, covenant-lite loans may exhibit diminished recovery values as the lender may not have the opportunity to negotiate with the borrower prior to default. As a result, our exposure to losses from these loans may be increased.

Risks related to our operations as a BDC

While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us.

Any person that is an affiliate of ours for purposes of the 1940 Act generally is prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to us, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order.

The 1940 Act also prohibits certain "joint" transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person's affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval

of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates.

Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective.

Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous.

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Senior Securities. As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred shareholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common shareholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common shareholders or otherwise be in the best interests of our common shareholders.
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Additional Common Stock. Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our shareholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our Board of Directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our shareholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common shareholders at that time would decrease, and our common shareholders may experience dilution.

Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies.

We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. For example, the listing standards of the national securities exchanges require us to implement and disclose "clawback" policies mandating the recovery of incentive compensation paid to executive officers in connection with accounting restatements.

Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition.

If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.

As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2024, approximately $324.0 million, or approximately 16.9%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss.

We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance.

Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its shareholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below.

To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our shareholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of our Credit Facility, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses.

If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions.

There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common shareholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common shareholders may incur additional capital gains taxes or may have lower capital losses.

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.

Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock.

We may experience cybersecurity incidents and are subject to cybersecurity risks.

Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition.

Cybersecurity failures or breaches by the Advisor, any sub-adviser(s) and other third-party service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our shareholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, such plans and systems could prove to be inadequate, and, if compromised, could become inoperable for extended periods of time, cease to function properly, fail to adequately secure private information or have other risks that have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our third-party service providers and issuers in which we invest. We and our shareholders could be negatively impacted as a result.

We are subject to the cybersecurity risks of our Service Providers, which could negatively impact the Company and its shareholders.

The Company relies on the information and technology systems of the custodian, the Advisor, and the Company’s other service providers and counterparties (the “Service Providers”), each of which could be directly or indirectly adversely affected by information systems interruptions, cybersecurity incidents or other disruptions, which in turn could have a material adverse effect on the Company.

The Company and the Service Providers are susceptible to operational, information security and related cybersecurity risks both directly and through their own service providers. Cyber incidents can result from deliberate attacks or unintentional events. They include, but are not limited to, gaining unauthorized access to systems, corrupting or destroying data, and causing operational disruption. Geopolitical tensions may increase the scale and sophistication of deliberate attacks, particularly those from nation-states or from entities with nation-state backing.

Cybersecurity incidents may cause disruptions and impact business operations. They may result in any of the following: financial losses (including loss or theft of Company assets), interference with the Company’s ability to calculate its NAV, disclosure of confidential information, impediments to trading, submission of erroneous trades or erroneous creation or redemption orders, the inability of the Company or the Service Providers to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and other legal and compliance costs. In addition, cyber incidents may render records of Company assets and transactions, shareholder ownership of Company shares, and other data integral to the functioning of the Company inaccessible, inaccurate or incomplete. The Company may incur substantial costs in order to resolve or prevent cyber incidents.

The Advisor, an indirect subsidiary of BlackRock, is responsible for the overall management of the Company. The Advisor relies on BlackRock’s enterprise risk management framework for the Company’s cybersecurity risk management and strategy. Although BlackRock has implemented policies and controls and takes protective measures involving significant expense to prevent and address potential data breaches, inadvertent disclosures and sophisticated cyber-attacks and cyber-related fraud, there can be no assurance that any of these measures proves fully effective. In addition, a successful cyber-attack may persist for an extended period of time before being detected, and it may take a considerable amount of time for an investigation to be completed and the severity and potential impact to be known. Furthermore, the Company cannot control the cybersecurity plans and systems of its Service Providers. The Company and its shareholders could be negatively impacted as a result.

The failure in cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively.

The occurrence of a disaster such as a cyber-attack, a pandemic, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our

computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised.

We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss.

We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends.

Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be:

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sudden electrical or telecommunications outages;
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natural disasters such as earthquakes, tornadoes and hurricanes;
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disease pandemics;
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events arising from local or larger scale political or social matters, including terrorist acts; and
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cyber-attacks.

These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our shareholders.

 

Risks related to our common stock and other securities

Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital.

Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval.

Investing in our common stock may involve an above average degree of risk.

The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance.

The market price of our common stock may fluctuate significantly.

The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include:

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volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies;
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price and volume fluctuations in the overall stock market from time to time;
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changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs;
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loss of RIC status or the SBIC’s loss of SBIC status;
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changes in earnings or variations in operating results;
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changes in the value of our portfolio of investments;
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any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts;
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departure of key personnel from the Advisor;
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operating performance of companies comparable to us;
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short-selling pressure with respect to shares of our common stock or BDCs generally;
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future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities;
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uncertainty surrounding the strength of the U.S. economic recovery;
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general economic trends and other external factors; and
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loss of a major funding source.

Shareholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock.

We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. We received authority from our shareholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date.

In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a shareholder's interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.

Our capital-raising activities may have an adverse effect on the market price of our common stock.

When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments.

We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive.

We may distribute taxable dividends that are payable to our shareholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each shareholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all shareholders must be at least 20% of the aggregate declared distribution. If too many shareholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the shareholders electing to receive cash (with the

balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable shareholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. shareholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. shareholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale.

Furthermore, with respect to non-U.S. shareholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our shareholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted.

If we issue preferred stock, the net asset value and market value of our common stock may become more volatile.

We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs.

We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters.

Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred shareholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements.

Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock.

The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the shareholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our shareholders.

Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares.

In the event we issue subscription rights, shareholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering.

In addition, if the subscription price is less than the net asset value per share of our common stock, then our shareholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial.

Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue.

If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed.

Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities.

Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.

          
Risks Related To Operations As BDC            
General Description of Registrant [Abstract]            
Risk [Text Block]

Risks related to our operations as a BDC

While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us.

Any person that is an affiliate of ours for purposes of the 1940 Act generally is prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to us, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order.

The 1940 Act also prohibits certain "joint" transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person's affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval

of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates.

Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective.

Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous.

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Senior Securities. As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred shareholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common shareholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common shareholders or otherwise be in the best interests of our common shareholders.
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Additional Common Stock. Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our shareholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our Board of Directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our shareholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common shareholders at that time would decrease, and our common shareholders may experience dilution.

Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies.

We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. For example, the listing standards of the national securities exchanges require us to implement and disclose "clawback" policies mandating the recovery of incentive compensation paid to executive officers in connection with accounting restatements.

Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition.

If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.

As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2024, approximately $324.0 million, or approximately 16.9%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss.

We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance.

Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its shareholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below.

To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our shareholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of our Credit Facility, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses.

If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions.

There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common shareholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common shareholders may incur additional capital gains taxes or may have lower capital losses.

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.

Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock.

We may experience cybersecurity incidents and are subject to cybersecurity risks.

Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition.

Cybersecurity failures or breaches by the Advisor, any sub-adviser(s) and other third-party service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our shareholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, such plans and systems could prove to be inadequate, and, if compromised, could become inoperable for extended periods of time, cease to function properly, fail to adequately secure private information or have other risks that have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our third-party service providers and issuers in which we invest. We and our shareholders could be negatively impacted as a result.

We are subject to the cybersecurity risks of our Service Providers, which could negatively impact the Company and its shareholders.

The Company relies on the information and technology systems of the custodian, the Advisor, and the Company’s other service providers and counterparties (the “Service Providers”), each of which could be directly or indirectly adversely affected by information systems interruptions, cybersecurity incidents or other disruptions, which in turn could have a material adverse effect on the Company.

The Company and the Service Providers are susceptible to operational, information security and related cybersecurity risks both directly and through their own service providers. Cyber incidents can result from deliberate attacks or unintentional events. They include, but are not limited to, gaining unauthorized access to systems, corrupting or destroying data, and causing operational disruption. Geopolitical tensions may increase the scale and sophistication of deliberate attacks, particularly those from nation-states or from entities with nation-state backing.

Cybersecurity incidents may cause disruptions and impact business operations. They may result in any of the following: financial losses (including loss or theft of Company assets), interference with the Company’s ability to calculate its NAV, disclosure of confidential information, impediments to trading, submission of erroneous trades or erroneous creation or redemption orders, the inability of the Company or the Service Providers to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and other legal and compliance costs. In addition, cyber incidents may render records of Company assets and transactions, shareholder ownership of Company shares, and other data integral to the functioning of the Company inaccessible, inaccurate or incomplete. The Company may incur substantial costs in order to resolve or prevent cyber incidents.

The Advisor, an indirect subsidiary of BlackRock, is responsible for the overall management of the Company. The Advisor relies on BlackRock’s enterprise risk management framework for the Company’s cybersecurity risk management and strategy. Although BlackRock has implemented policies and controls and takes protective measures involving significant expense to prevent and address potential data breaches, inadvertent disclosures and sophisticated cyber-attacks and cyber-related fraud, there can be no assurance that any of these measures proves fully effective. In addition, a successful cyber-attack may persist for an extended period of time before being detected, and it may take a considerable amount of time for an investigation to be completed and the severity and potential impact to be known. Furthermore, the Company cannot control the cybersecurity plans and systems of its Service Providers. The Company and its shareholders could be negatively impacted as a result.

The failure in cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively.

The occurrence of a disaster such as a cyber-attack, a pandemic, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our

computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised.

We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss.

We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends.

Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be:

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sudden electrical or telecommunications outages;
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natural disasters such as earthquakes, tornadoes and hurricanes;
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disease pandemics;
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events arising from local or larger scale political or social matters, including terrorist acts; and
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cyber-attacks.

These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our shareholders.

          
Risks Related to Common Stock and Other Securities            
General Description of Registrant [Abstract]            
Risk [Text Block]

Risks related to our common stock and other securities

Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital.

Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval.

Investing in our common stock may involve an above average degree of risk.

The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance.

The market price of our common stock may fluctuate significantly.

The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include:

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volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies;
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price and volume fluctuations in the overall stock market from time to time;
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changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs;
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loss of RIC status or the SBIC’s loss of SBIC status;
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changes in earnings or variations in operating results;
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changes in the value of our portfolio of investments;
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any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts;
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departure of key personnel from the Advisor;
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operating performance of companies comparable to us;
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short-selling pressure with respect to shares of our common stock or BDCs generally;
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future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities;
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uncertainty surrounding the strength of the U.S. economic recovery;
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general economic trends and other external factors; and
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loss of a major funding source.

Shareholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock.

We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. We received authority from our shareholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date.

In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a shareholder's interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.

Our capital-raising activities may have an adverse effect on the market price of our common stock.

When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments.

We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive.

We may distribute taxable dividends that are payable to our shareholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each shareholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all shareholders must be at least 20% of the aggregate declared distribution. If too many shareholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the shareholders electing to receive cash (with the

balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable shareholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. shareholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. shareholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale.

Furthermore, with respect to non-U.S. shareholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our shareholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted.

If we issue preferred stock, the net asset value and market value of our common stock may become more volatile.

We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs.

We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters.

Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred shareholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements.

Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock.

The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the shareholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our shareholders.

Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares.

In the event we issue subscription rights, shareholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering.

In addition, if the subscription price is less than the net asset value per share of our common stock, then our shareholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial.

Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue.

If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed.

Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities.

Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.

          
Market Disruptions And Other Geopolitical Or Macroeconomic Events            
General Description of Registrant [Abstract]            
Risk [Text Block]

Market disruptions and other geopolitical or macroeconomic events could create market volatility that negatively impacts our business, financial condition and earnings.

General economic and market conditions, such as interest rates, availability of credit, inflation rates, economic uncertainty, supply chain disruptions, labor shortages, energy and other resource shortages, changes in laws, trade barriers, currency exchange controls and national and international political circumstances, may have long-term negative effects on the U.S. and worldwide financial markets and economy. These conditions have resulted in, and in many cases continue to result in, greater price volatility, less liquidity, widening credit spreads and a lack of price transparency, with many securities remaining illiquid and of uncertain value. Such market conditions may adversely affect the Company, including by making valuation of some of the Company’s securities uncertain and/or result in sudden and significant valuation increases or declines in the Company’s holdings. If there is a significant decline in the value of the Company’s portfolio, this may impact the asset coverage levels for the Company’s outstanding leverage.

Risks resulting from any future debt or other economic crisis could also have a detrimental impact on the global economy, the financial condition of financial institutions and our business, financial condition and results of operation. Market and economic disruptions have affected, and may in the future affect, consumer confidence levels and spending, personal bankruptcy rates, levels of incurrence and default on consumer debt and home prices, among other factors. To the extent uncertainty regarding the U.S. or global economy negatively impacts consumer confidence and consumer credit factors, our business, financial condition and results of operations could be significantly and adversely affected. Downgrades to the credit ratings of major banks could result in increased borrowing costs for such banks and negatively affect the broader economy. Moreover, Federal Reserve policy, including with respect to certain interest rates, may also adversely affect the value, volatility and liquidity of dividend- and interest-paying securities. Market volatility, an increase in interest rates and/or a return to unfavorable economic conditions could impair the Company’s ability to achieve its investment objective.

The occurrence of events similar to those in recent years, such as localized wars, instability, new and ongoing pandemics, epidemics or outbreaks of infectious diseases in certain parts of the world, and catastrophic events such as fires, floods, earthquakes, tornadoes, hurricanes and global health epidemics, terrorist attacks in the U.S. and around the world, social and political discord, debt crises sovereign debt downgrades, increasingly strained relations between the U.S. and a number of foreign countries, new and continued political unrest in various countries, the exit or potential exit of one or more countries from the EU or the EMU, continued changes in the balance of political power among and within the branches of the U.S. government, government shutdowns, among others, may result in market volatility, may have long term effects on the U.S. and worldwide financial markets, and may cause further economic uncertainties in the U.S. and worldwide.

In particular, the impact on inflation and increased disruption to supply chains and energy resources may impact our portfolio companies, result in an economic downturn or recession either globally or locally in the U.S. or other economies, reduce business activity, spawn additional conflicts (whether in the form of traditional military action, reignited "cold" wars or in the form of virtual warfare such as cyberattacks) with similar and perhaps wider ranging impacts and consequences and have an adverse impact on the Company's returns and net asset value. In response to the conflict between Russia and Ukraine, the U.S. and other countries have imposed sanctions or other restrictive actions against Russia, Russian-backed separatist regions in Ukraine, and certain banks, companies, government officials and other individuals in Russia and Belarus. In addition, the ongoing conflict between Israel and Palestine may cause exacerbated volatility and disruptions to both the domestic and global economy, spawn additional conflicts, result in possible sanctions and countersanctions, and trigger retaliatory cyberattacks. Any of the above factors, as well as other governmental actions, could have an adverse impact on macroeconomic factors that affect the Company and our portfolio companies' businesses, financial conditions, cashflows, and operations. We cannot predict the nature, magnitude and duration of the hostilities stemming from these conflicts. Prolonged unrest, military activities, or broad-based sanctions could have a material adverse effect on our portfolio companies. Such consequences also may increase our funding cost or limit our access to the capital markets.

The current political climate has intensified concerns about potential trade wars between China and the U.S., as each country has imposed tariffs on the other country’s products, and between the U.S. and other nations, with additional tariffs under the new administration in the U.S. also under discussion. These actions may trigger a significant reduction in international trade, the oversupply of certain manufactured goods, substantial price reductions of goods and possible failure of individual companies and/or large segments

of China’s export industry, which could have a negative impact on our performance. U.S. companies that source material and goods from China and those that make large amounts of sales in China would be particularly vulnerable to an escalation of trade tensions. Uncertainty regarding the outcome of the trade tensions and the potential for a trade war could cause the U.S. dollar to decline against safe haven currencies, such as the Japanese yen and the euro. Events such as these and their consequences are difficult to predict and it is unclear whether further tariffs may be imposed or other escalating actions may be taken in the future. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

The impact of the events described above on our portfolio companies could impact their ability to make payments on their loans on a timely basis and may impact their ability to continue making their loan payments on a timely basis or meeting their loan covenants. The inability of portfolio companies to make timely payments or meet loan covenants may in the future require us to undertake amendment actions with respect to our investments or to restructure our investments, which may include the need for us to make additional investments in our portfolio companies (including debt or equity investments) beyond any existing commitments, exchange debt for equity, or change the payment terms of our investments to permit a portfolio company to pay a portion of its interest through payment-in-kind, which would defer the cash collection of such interest and add it to the principal balance, which would generally be due upon repayment of the outstanding principal.

          
Economic Recessions Or Downturns            
General Description of Registrant [Abstract]            
Risk [Text Block]

Economic recessions or downturns could impair our portfolio companies and harm our operating results.

Many of our portfolio companies may be susceptible to economic slowdowns or recessions and may be unable to repay our loans during these periods. Therefore, our non-performing assets may increase and the value of our portfolio may decrease during these periods as we are required to record the values of our investments. Adverse economic conditions also may decrease the value of collateral securing some of our loans and the value of our equity investments. Economic slowdowns or recessions could lead to financial losses in our portfolio and a decrease in revenues, net income and assets. Unfavorable economic conditions also could increase our funding costs, limit our access to the capital markets or result in a decision by lenders not to extend credit to us. These events could prevent us from increasing investments and harm our operating results.

A portfolio company’s failure to satisfy financial or operating covenants imposed by us or other lenders could lead to defaults and, potentially, termination of its loans and foreclosure on its secured assets, which could trigger cross-defaults under other agreements and jeopardize our portfolio company’s ability to meet its obligations under the debt securities that we hold. We may incur expenses to the extent necessary to seek recovery upon default or to negotiate new terms with a defaulting portfolio company. In addition, if one of our portfolio companies were to go bankrupt, even though we or one of our affiliates may have structured our interest in such portfolio company as senior debt, depending on the facts and circumstances, including the extent to which we actually provided managerial assistance to that portfolio company, a bankruptcy court might re-characterize our debt holding as equity and subordinate all or a portion of our claim to claims of other creditors.

Inflationary pressures have been elevated in recent years, and there is a risk of the economy entering a recession.

Any such recession would negatively impact the businesses in which we invest and our business. These impacts may include:

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severe declines in the market price of our securities or net asset value;
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inability of the Company to accurately or reliably value its portfolio;
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inability of the Company to comply with certain asset coverage ratios that would prevent the Company from paying dividends to our shareholders and that could result breaches of covenants or events of default under our credit agreement or debt indentures;
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inability of the Company to pay any dividends and distributions or service its debt;
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inability of the Company to maintain its status as a RIC under the Code;
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declines in the value of our investments;
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increased risk of default or bankruptcy by the companies in which we invest;
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increased risk of companies in which we invest being unable to weather an extended cessation of normal economic activity and thereby impairing their ability to continue functioning as a going concern;
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limited availability of new investment opportunities;
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inability for us to replace our existing leverage when it becomes due or replace it on terms as favorable as our existing leverage; and
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general threats to the Company’s ability to continue investment operations and to operate successfully as a BDC.
          
Risks Related to Inflation            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are subject to risks related to inflation.

Inflation risk is the risk that the value of assets or income from investments will be worth less in the future as inflation decreases the value of money. Inflation rates may change frequently and significantly as a result of various factors, including unexpected shifts in the domestic or global economy and changes in economic policies, and the Company’s investments may not keep pace with inflation, which may result in losses to shareholders. If inflation increases, the real value of our shares and dividends therefore may decline. In addition, during any periods of rising inflation, interest rates of any debt securities issued by the Company would likely increase, which would tend to further reduce returns to shareholders. This risk is greater for fixed-income instruments with longer maturities.

          
Capital Markets May Experience Periods of Disruption and Instability            
General Description of Registrant [Abstract]            
Risk [Text Block]

Capital markets may experience periods of disruption and instability. Such market conditions may materially and adversely affect debt and equity capital markets in the U.S. and abroad, which may have a negative impact on our business and operations.

From time to time, capital markets may experience periods of disruption and instability, which may be evidenced by a lack of liquidity in debt capital markets, write-offs in the financial services sector, re-pricing of credit risk and failure of certain major financial institutions.

Equity capital may be difficult to raise because, subject to some limited exceptions, as a BDC, we are generally not able to issue additional shares of common stock at a price less than net asset value without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. In addition, our ability to incur indebtedness (including by issuing preferred stock) is limited by applicable regulations such that our asset coverage ratio, as calculated in accordance with the 1940 Act, must equal at least 150% immediately after each time we incur indebtedness. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than our current leverage, due to higher inflation that is still cooling or that may increase again. Any inability to raise capital could have a negative effect on our business, financial condition and results of operations.

Market conditions may in the future make it difficult to extend the maturity of or refinance our existing indebtedness and any failure to do so could have a material adverse effect on our business. The debt capital that will be available to us in the future, if at all, may be at a higher cost and on less favorable terms and conditions than what we currently experience. Further, if we are unable to raise or refinance debt, then our equity investors may not benefit from the potential for increased returns on equity resulting from leverage and we may be limited in our ability to make new commitments or to fund existing commitments to our portfolio companies.

The illiquidity of our investments may make it difficult for us to sell such investments if required. As a result, we may realize significantly less than the value at which we have recorded our investments. While most of our investments are not publicly traded, applicable accounting standards require us to assume as part of our valuation process that our investments are sold in a principal market to market participants (even if we plan on holding an investment through its maturity) In addition, significant changes in the capital markets, including disruption and volatility, have had, and may in the future have, a negative effect on the valuations of our investments and on the potential for liquidity events involving our investments. An inability to raise capital, and any required sale of our investments for liquidity purposes, could have a material adverse impact on our business, financial condition and results of operations.

          
The U.S. and Global Capital Markets Are Subject to Systemic Risk            
General Description of Registrant [Abstract]            
Risk [Text Block]

The U.S. and global capital markets are subject to systemic risk that could adversely affect our business, financial condition and results of operations.

Issuers, national and regional banks, financial institutions and other participants in the U.S. and global capital markets are closely interrelated as a result of credit, trading, clearing, technology and other relationships. A significant adverse development (such as a bank run, insolvency, bankruptcy or default) with one or more national or regional banks, financial institutions or other participants in the financial or capital markets may spread to others and lead to significant concentrated or market-wide problems (such as defaults, liquidity problems, impairment charges, additional bank runs and/or losses) for other participants in these markets. Future developments, including actions taken by the U.S. Department of Treasury, FDIC, Federal Reserve Board, and systemic risk in the U.S. and global banking sectors and broader economies in general, are difficult to assess and quantify, and the form and magnitude of such developments or other actions of the U.S. Department of Treasury, FDIC and Federal Reserve Board may remain unknown for significant periods of time and could have an adverse effect on the Company.

For example, the financial markets recently experienced volatility in connection with concerns that some banks, especially small and regional banks, may have significant investment-related losses that might make it difficult to fund demands to withdraw deposits and other liquidity needs. This and similar developments could in the future lead to further rules and regulations for public companies, banks, financial institutions and other participants in the U.S. and global capital markets, including business development companies

such as us, and complying with the requirements of any such rules or regulations may be burdensome. Even if not adopted, evaluating and responding to any such proposed rules or regulations could results in increased costs and require significant attention from our Advisor.

          
Price Declines and Illiquidity in Corporate Debt Markets            
General Description of Registrant [Abstract]            
Risk [Text Block]

Price declines and illiquidity in the corporate debt markets have adversely affected, and may in the future adversely affect, the fair value of our portfolio investments, reducing our net asset value through increased net unrealized depreciation.

Pursuant to Rule 2a-5 under the 1940 Act, the Company's Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations (see Note 2 to the Company’s consolidated financial statements for further information). As a BDC, we are required to carry our investments at market value or, if no market value is ascertainable, at fair value as determined in good faith by the Valuation Designee. Decreases in the market values or fair values of our investments are recorded as unrealized depreciation, which reduces our net asset value. Depending on market conditions, we could incur substantial realized losses and may suffer additional unrealized losses in future periods, which could have a material adverse impact on our business, financial condition and results of operations.

          
Changes in Legal Tax and Regulatory Regimes            
General Description of Registrant [Abstract]            
Risk [Text Block]

Changes in legal, tax and regulatory regimes could negatively impact our business, financial condition and earnings.

Changes enacted by the current or future presidential administration could significantly impact the regulation of financial markets in U.S. Areas subject to potential change, amendment or repeal include trade and foreign policy, corporate tax rates, energy and infrastructure policies, the environment and sustainability, criminal and social justice initiatives, immigration, healthcare and the oversight of certain federal financial regulatory agencies and the Federal Reserve. Certain of these changes can be, and have been, effectuated through executive order. It is not possible to predict which, if any, actions will be taken or, if taken, their effect on the economy, securities markets or the financial stability of the U.S. The Company may be affected by governmental action in ways that are not foreseeable, and there is a possibility that such actions could have a significant adverse effect on the Company and its ability to achieve its investment objective.

Additional risks arising from the differences in expressed policy preferences among the various constituencies in the branches of the U.S. government has led in the past, and may lead in the future, to short-term or prolonged policy impasses, which could, and has, resulted in shutdowns of the U.S. federal government. U.S. federal government shutdowns, especially prolonged shutdowns, could have a significant adverse impact on the economy in general and could impair the ability of issuers to raise capital in the securities markets. Any of these effects could have a material adverse effect on our business, financial condition and results of operations.

In addition, the rules dealing with the U.S. federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Treasury Department. The effect of any changes to such rules is uncertain, both in terms of the direct effect on the taxation of an investment in the Company’s shares and their indirect effect on the value of the Company’s assets, the Company’s shares or market conditions generally.

          
Changes to US Tariff and Import/Export Regulations            
General Description of Registrant [Abstract]            
Risk [Text Block]

Changes to U.S. tariff and import/export regulations may have a negative effect on our portfolio companies and, in turn, harm us.

There has been ongoing discussion and commentary regarding potential significant changes to U.S. trade policies, treaties and tariffs. For example, more significant tariffs have been proposed by the new administration in the U.S., although it is not possible to predict the extent or focus of any such tariffs at this time. As a result, there remains uncertainty about the future relationship between the U.S. and other countries with respect to the trade policies, treaties and tariffs. These developments, or the perception that any of them could occur, may have a material adverse effect on global economic conditions and the stability of global financial markets, and may significantly reduce global trade and, in particular, trade between the impacted nations and the U.S. Any of these factors could depress economic activity and restrict our portfolio companies’ access to suppliers or customers and have a material adverse effect on their business, financial condition and results of operations, which in turn would negatively impact us.

          
Uncertainty Regarding the Implementation of the EU and UK's Trade and Cooperation Agreement            
General Description of Registrant [Abstract]            
Risk [Text Block]

Uncertainty regarding the implementation of the EU and UK's Trade and Cooperation Agreement could negatively impact our business, financial condition and earnings.

The EU and UK's Trade and Cooperation Agreement ("UK/EU Trade Agreement") was implemented starting on May 1, 2021 and set out the economic and legal framework for trade between the United Kingdom and the EU after the United Kingdom's 2020 withdrawal from the EU. As the UK/EU Trade Agreement is still a fairly new legal framework, the continuing implementation of the UK/EU Trade Agreement may result in uncertainty in its application and periods of volatility in both the United Kingdom and wider European markets. Furthermore, there is the possibility that either party may impose tariffs on trade in the future in the event that regulatory standards between the EU and the UK diverge. The terms of the future relationship may cause continued uncertainty in the global financial markets, and adversely affect our ability, and the ability of our portfolio companies, to execute our respective strategies and to receive attractive returns.

          
Changes in Interest Rates May Adversely Affect the Value of Our Portfolio Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

Changes in interest rates may adversely affect the value of our portfolio investments which could have an adverse effect on our business, financial condition and results of operations.

Our debt investments are generally based on floating rates, such as EURIBOR, Secured Overnight Financing Rate ("SOFR"), the Federal Funds Rate or the Prime Rate. General interest rate fluctuations may have a substantial negative impact on our investments, the value of our common stock and our rate of return on invested capital.

If interest rates rise, the cost of borrowing for the companies in which we invest will increase and may make them less profitable, which generally would decrease the value of our investments in them. In addition, although we generally expect to invest a limited percentage of our assets in instruments with a fixed interest rate, including subordinated loans, senior and junior secured and unsecured debt securities and loans in high yield bonds, an increase in interest rates could decrease the value of those fixed rate investments. Rising interest rates may also increase the cost of debt for our underlying portfolio companies, which could adversely impact their financial performance and ability to meet ongoing obligations to the Company. Also, an increase in interest rates available to investors could make investment in our common stock less attractive if we are not able to increase our dividend rate, which could reduce the value of our common stock.

Because we have borrowed money, and may issue preferred stock to finance investments, our net investment income depends, in part, upon the difference between the rate at which we borrow funds or pay dividends on preferred stock and the rate that our investments yield. As a result, we can offer no assurance that a significant change in market interest rates will not have a material adverse effect on our net investment income. During periods of high interest rates, our cost of funds may increase except to the extent we have issued fixed rate debt or preferred stock, which could reduce our net investment income.

You should also be aware that a change in the general level of interest rates can be expected to lead to a change in the interest rate we receive on many of our debt investments. Accordingly, a change in the interest rate could make it easier for us to meet or exceed the performance threshold and may result in a substantial increase in the amount of Incentive Fees payable to our Advisor with respect to the portion of the Incentive Fee based on income.

          
Risks Associated with Artificial Intelligence and Machine Learning Technology            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are subject to risks associated with artificial intelligence and machine learning technology.

Recent technological advances in artificial intelligence and machine learning technology pose risks to our Company and our portfolio investments. Our Company and our portfolio investments could be exposed to the risks of artificial intelligence and machine learning technology if third-party service providers or any counterparties, whether or not known to our Company, also use artificial intelligence and machine learning technology in their business activities. We and our portfolio companies may not be in a position to control the use of artificial intelligence and machine learning technology in third-party products or services.

Use of artificial intelligence and machine learning technology could include the input of confidential information in contravention of applicable policies, contractual or other obligations or restrictions, resulting in such confidential information becoming part accessible by other third-party artificial intelligence and machine learning technology applications and users.

Independent of its context of use, artificial intelligence and machine learning technology is generally highly reliant on the collection and analysis of large amounts of data, and it is not possible or practicable to incorporate all relevant data into the model that artificial intelligence and machine learning technology utilizes to operate. Certain data in such models will inevitably contain a degree of inaccuracy and error—potentially materially so—and could otherwise be inadequate or flawed, which would be likely to degrade the effectiveness of artificial intelligence and machine learning technology. To the extent that we or our portfolio investments are exposed to the risks of artificial intelligence and machine learning technology use, any such inaccuracies or errors could have adverse impacts on our Company or our investments.

Artificial intelligence and machine learning technology and its applications, including in the private investment and financial sectors, continue to develop rapidly, and it is impossible to predict the future risks that may arise from such developments.

          
Replicate Historical Performance of Other Investment Companies            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may not replicate the historical performance of other investment companies and funds with which our investment professionals have been affiliated.

The 1940 Act imposes numerous constraints on the investment activities of BDCs. For example, BDCs are required to invest at least 70% of their total assets primarily in securities of U.S. private companies or thinly traded public companies (public companies with a market capitalization of less than $250 million), cash, cash equivalents, U.S. government securities and high-quality debt investments that mature in one year or less. These constraints may hinder our Advisor’s ability to take advantage of attractive investment opportunities and to achieve our investment objectives. In addition, the investment philosophy and techniques used by our Advisor may differ from those used by other investment companies and funds advised by our Advisor. Accordingly, we can offer no assurance that we will replicate the historical performance of other investment companies and funds with which our investment professionals have

been affiliated, and we caution that our investment returns could be substantially lower than the returns achieved by such other companies.

          
No Replication of Success            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are not managed by BlackRock, but rather one of its subsidiaries and may not replicate the success of that entity or BlackRock.

Our investment strategies differ from those of BlackRock or its affiliates. As a BDC, we are subject to certain investment restrictions that do not apply to BlackRock. Our performance may be lower or higher than the performance of other entities managed by BlackRock or its affiliates and their past performance is no guarantee of our future results.

          
Business Model Depends Upon Development and Maintenance of Strong Relationships            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our business model depends upon the development and maintenance of strong referral relationships with other asset managers and investment banking firms.

We are substantially dependent on our informal relationships, which we use to help identify and gain access to investment opportunities. If we fail to maintain our relationships with key firms, or if we fail to establish strong referral relationships with other firms or other sources of investment opportunities, we will not be able to grow our portfolio of investments and achieve our investment objective. In addition, persons with whom we have informal relationships are not obligated to inform us of investment opportunities, and therefore such relationships may not lead to the origination of equity or other investments. Any loss or diminishment of such relationships could effectively reduce our ability to identify attractive portfolio companies that meet our investment criteria, either for direct investments or for investments through private secondary market transactions or other secondary transactions.

          
Advisors Liability Limited Under The Investment Management Agreement            
General Description of Registrant [Abstract]            
Risk [Text Block]

The Advisor’s liability is limited under the investment management agreement, and we are required to indemnify the Advisor against certain liabilities, which may lead the Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

The Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow the Advisor’s advice or recommendations. Pursuant to the investment management agreement, the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect the Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of the Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment management agreement. These protections may lead the Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

          
Suffer Credit Losses            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may suffer credit losses.

Investment in middle-market companies is highly speculative and involves a high degree of risk of credit loss, and therefore our securities may not be suitable for someone with a low tolerance for risk. These risks are likely to increase during an economic recession.

          
Borrowed Funds For Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our use of borrowed funds, including under the Leverage Program, to make investments exposes us to risks typically associated with leverage.

The Company borrows money, both directly and indirectly through its subsidiaries. As a result:

•
our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
•
adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of leverage;
•
we, and indirectly our common shareholders, bear the entire cost of issuing and paying interest or dividends on any borrowed funds issued by us or our subsidiaries; and
•
our ability to pay dividends on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness would not be available for such dividends.

The use of leverage creates increased risk of loss and is considered a speculative investment technique. The use of leverage magnifies the potential gains and losses from an investment and increases the risk of loss of capital. To the extent that income derived by us from investments purchased with borrowed funds is greater than the cost of borrowing, our net income will be greater than if borrowing had not been used. Conversely, if the income from investments purchased from these sources is not sufficient to cover the cost of the leverage, our net investment income will be less than if leverage had not been used, and the amount available for ultimate distribution to the holders of common stock will be reduced. The extent to which the gains and losses associated with leveraged investing are increased will generally depend on the degree of leverage employed. We may, under some circumstances, be required to dispose of

investments under unfavorable market conditions in order to maintain our leverage, thus causing us to recognize a loss that might not otherwise have occurred. In the event of a sale of investments upon default under our borrowing arrangements, secured creditors will be contractually entitled to direct such sales and may be expected to do so in their interest, rather than in the interests of the holders of common stock. Holders of common stock will incur losses if the proceeds from a sale in any of the foregoing circumstances are insufficient, after payment in full of amounts due and payable on leverage, including administrative expenses, to repay such holders investments in our common stock. As a result, you could experience a total loss of your investment. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. The ability to service any debt that we have or may have outstanding depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures. There is no limitation on the percentage of portfolio investments that can be pledged to secure borrowings. The amount of leverage that we employ at any particular time will depend on our Advisor’s and our board of director’s assessments of market and other factors at the time of any proposed borrowing.

          
Regulatory Restrictions that Restrict our Ability to Raise Capital            
General Description of Registrant [Abstract]            
Risk [Text Block]

In addition to regulatory restrictions that restrict our ability to raise capital, the Leverage Program contains various covenants which, if not complied with, could accelerate repayment under the Operating Facility, Funding Facility II and the Merger Sub Facility (collectively, the “Credit Facilities”), thereby materially and adversely affecting our liquidity, financial condition and results of operations.

Under the Leverage Program, we must comply with certain financial and operational covenants. These covenants include:

•
restrictions on the level of indebtedness that we are permitted to incur in relation to the value of our assets;
•
restrictions on our ability to make distributions and other restricted payments under certain circumstances;
•
restrictions on extraordinary events, such as mergers, consolidation and sales of assets;
•
restrictions on our ability to incur liens and incur indebtedness; and
•
maintenance of a minimum level of stockholders’ equity.

In addition, by limiting the circumstances in which borrowings may occur under the Credit Facilities, the credit agreements related to such facilities (the “Credit Agreements”) in effect provide for various asset coverage, credit quality and diversification limitations on our investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase losses or result in adverse tax consequences.

As of February 27, 2025, we were in compliance with these covenants. However our continued compliance with these covenants depends on many factors, some of which are beyond our control. Accordingly, there are no assurances that we will continue to comply with the covenants in the Credit Agreements. Failure to comply with these covenants would result in a default under our debt arrangements which, if we were unable to obtain a waiver from the applicable creditors, would enable the applicable creditors to accelerate outstanding balances under our debt and terminate their commitments to lend to us. This would be expected to have a material adverse impact on our financial condition and results of operations and place limitations on our operational flexibility.

The Operating Facility also has certain “key man” provisions. For example, it is an event of default if the Advisor is controlled by any person or group other than (i) BlackRock, Inc. or a wholly-owned subsidiary of BlackRock, Inc. or (ii) any two of listed individuals (or any replacement manager or individual reasonably acceptable to the administrative agent and approved by the required lenders), provided that if the Advisor is no longer under the control of at least two of such four individuals (or their previously approved replacements) through an event resulting in the death or disability of such individuals, the Advisor has 60 calendar days to replace such individuals with other managers or individuals reasonably acceptable to the administrative agent and approved by the required lenders, provided further that a default (but not an event of default) shall be deemed to exist during such period.

          
Inability To Renew Extend Or Replace Credit Facilities            
General Description of Registrant [Abstract]            
Risk [Text Block]

Funding Facility II matures on August 4, 2027, subject to extension by the lender at the request of TCPC Funding II. Borrowings under the Funding Facility II generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.15%, plus a margin of 2.05%, subject to certain funding requirements, plus an administrative fee of 0.15% per annum. The Merger Sub Facility matures on September 6, 2028. Borrowings under the Merger Sub Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10%, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain

limitations. The Operating Facility matures on August 1, 2029, subject to extension by the lenders at the request of SVCP. Borrowings under the Operating Facility generally bear interest at a rate of SOFR plus a credit spread adjustment of 0.10% for one month contracts and 0.15% for three month contracts, respectively, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments, subject to certain limitations.

We do not currently know whether we will renew, extend or replace the Credit Facilities upon their maturities or whether we will be able to do so on terms that are as favorable as the Credit Facilities. In addition, we will be required to liquidate assets to repay amounts due under the Credit Facilities if we do not renew, extend or replace the Credit Facilities prior to their respective maturities.

Upon the termination of the Credit Facilities, there can be no assurance that we will be able to enter into a replacement facility on terms that are as favorable to us, if at all. Our ability to replace the Credit Facilities may be constrained by then-current economic conditions affecting the credit markets. In the event that we are not able to replace the Credit Facilities at the time of their maturity, this could have a material adverse effect on our liquidity and ability to fund new investments, our ability to make distributions to our shareholders and our ability to qualify as a RIC.

          
Creditors under Credit Facilities have First Claim on Assets included In Collateral            
General Description of Registrant [Abstract]            
Risk [Text Block]

The creditors under the Credit Facilities have a first claim on all of the Company’s assets included in the collateral for the respective facilities.

Lenders have fixed dollar claims on our assets that are superior to the claims of our common shareholders. Substantially all of our current assets have been pledged as collateral under the Credit Facilities. If an event of default occurs under any of the Credit Facilities, the respective lenders would be permitted to accelerate amounts due under the respective facilities and liquidate our assets to pay off amounts owed under the respective facilities and limitations would be imposed on us with respect to the purchase or sale of investments. Such limitations may cause us to be unable to make or retain certain potentially attractive investments or to be forced to sell investments at an inappropriate time and consequently impair our profitability or increase our losses or result in adverse tax consequences.

In the event of the dissolution of the Company or otherwise, if the proceeds of the Company’s assets (after payment in full of obligations to any such debtors) are insufficient to repay capital invested in us by the holders of the common stock, no other assets will be available for the payment of any deficiency. None of our Board of Directors, the Advisor or any of their respective affiliates, have any liability for the repayment of capital contributions made to the Company by the holders of common stock. Holders of common stock could experience a total loss of their investment in the Company.

          
Credit Facilities Have Veto Power Over Investment Policies [Member]            
General Description of Registrant [Abstract]            
Risk [Text Block]

Lenders under the Operating Facility may have a veto power over the Company’s investment policies.

If a default has occurred under the Operating Facility, the lenders under the Operating Facility may veto changes in investment policies. The Operating Facility and the Merger Sub Facility also has certain limitations on unusual types of investments such as commodities, real estate and speculative derivatives, which are not part of the Company’s investment strategy or policies in any event.

          
Imposition of Entity Level Tax            
General Description of Registrant [Abstract]            
Risk [Text Block]

The SBIC may be unable to make distributions to us that will enable us to meet or maintain RIC status, which could result in the imposition of an entity-level tax.

In order for us to continue to qualify for RIC tax treatment and to minimize corporate-level taxes, we will be required to distribute substantially all of our net ordinary income and net capital gain income, including income from certain of our subsidiaries, which includes the income from the SBIC. We will be partially dependent on the SBIC for cash distributions to enable us to meet the RIC distribution requirements. The SBIC may be limited by the Small Business Investment Act of 1958, and SBA regulations governing SBICs, from making certain distributions to us that may be necessary to enable us to maintain our status as a RIC. We may have to request a waiver of the SBA’s restrictions for the SBIC to make certain distributions to maintain our eligibility for RIC status. We cannot assure you that the SBA will grant such a waiver and if the SBIC is unable to obtain a waiver, compliance with the SBA regulations may result in loss of RIC tax treatment and a consequent imposition of an entity-level tax on us.

          
SBIC Subject To Small Business Administration Regulations            
General Description of Registrant [Abstract]            
Risk [Text Block]

The SBIC is subject to SBA regulations, and any failure to comply with SBA regulations could have an adverse effect on our operations.

On April 22, 2014, the SBIC received an SBIC license from the SBA. The SBIC license allows the SBIC to obtain leverage by issuing SBA-guaranteed debentures, subject to the issuance of a capital commitment by the SBA and other customary procedures. SBA-guaranteed debentures are non-recourse, interest only debentures with interest payable semi-annually and have a ten year maturity. The principal amount of SBA-guaranteed debentures is not required to be paid prior to maturity but may be prepaid at any time without penalty. The interest rate of SBA-guaranteed debentures is fixed on a semi-annual basis at a market-driven spread over U.S. Treasury Notes with 10-year maturities. The SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event

we liquidate the SBIC or the SBA exercises its remedies under the SBA-guaranteed debentures issued by the SBIC upon an event of default.

Under current SBA regulations, a licensed SBIC can provide capital to those entities that have a tangible net worth not exceeding $24 million and an average annual net income after Federal income taxes not exceeding $8.0 million for the two most recent fiscal years. In addition, a licensed SBIC must devote 25% of its investment activity to those entities that have a tangible net worth not exceeding $6.0 million and an average annual net income after Federal income taxes not exceeding $2.0 million for the two most recent fiscal years. The SBA regulations also provide alternative size standard criteria to determine eligibility, which depend on the industry in which the business is engaged and are based on factors such as the number of employees and gross sales. The SBA regulations permit licensed SBICs to make long term loans to small businesses, invest in the equity securities of such businesses and provide them with consulting and advisory services. The SBA also places certain limitations on the financing terms of investments by SBICs in portfolio companies and prohibits SBICs from providing funds for certain purposes or to businesses in a few prohibited industries. Compliance with SBA requirements may cause the SBIC to forego attractive investment opportunities that are not permitted under SBA regulations.

Further, the SBA regulations require that a licensed SBIC be periodically examined and audited by the SBA to determine its compliance with the relevant SBA regulations. The SBA prohibits, without prior SBA approval, a “change of control” of an SBIC or any transfers of the capital stock of a licensed SBIC. If the SBIC fails to comply with applicable SBA regulations, the SBA could, depending on the severity of the violation, limit or prohibit its use of debentures, declare outstanding debentures immediately due and payable, and/or limit it from making new investments. In addition, the SBA can revoke or suspend a license for willful or repeated violation of, or willful or repeated failure to observe, any provision of the Small Business Investment Act of 1958 or any rule or regulation promulgated thereunder. The Advisor, as the SBIC’s investment adviser, does not have any previous experience managing an SBIC. Its limited experience in complying with SBA regulations may hinder its ability to take advantage of the SBIC’s access to SBA-guaranteed debentures. Any failure to comply with SBA regulations could have an adverse effect on our operations.

          
SBA Regulations Limit Outstanding Dollar Amount of SBA-Guaranteed Debentures            
General Description of Registrant [Abstract]            
Risk [Text Block]

SBA regulations limit the outstanding dollar amount of SBA-guaranteed debentures that may be issued by an SBIC or group of SBICs under common control.

The SBA regulations currently limit the dollar amount of SBA-guaranteed debentures that can be issued by any one SBIC to $175.0 million or to a group of SBICs under common control to $350.0 million.

An SBIC may not borrow an amount in excess of two times (and in certain cases, up to three times) its regulatory capital. As of December 31, 2024, the SBIC had $131.5 million in SBA-guaranteed debentures outstanding. If we reach the maximum dollar amount of SBA-guaranteed debentures permitted, and if we require additional capital, our cost of capital may increase, and there is no assurance that we will be able to obtain additional financing on acceptable terms.

Moreover, the current status of the SBIC as an SBIC does not automatically assure that the SBIC will continue to receive SBA-guaranteed debenture funding. Receipt of SBA leverage funding is dependent upon the SBIC continuing to be in compliance with SBA regulations and policies and available SBA funding. The amount of SBA leverage funding available to SBICs is dependent upon annual Congressional authorizations and in the future may be subject to annual Congressional appropriations. There can be no assurance that there will be sufficient debenture funding available at the times desired by the SBIC.

The debentures guaranteed by the SBA have a maturity of ten years and require semi-annual payments of interest. The SBIC will need to generate sufficient cash flow to make required interest payments on the debentures. If the SBIC is unable to meet their financial obligations under the debentures, the SBA, as a creditor, will have a superior claim to the SBIC’s assets over our shareholders in the event we liquidate the SBIC or the SBA exercises its remedies under such debentures as the result of a default by us.

          
Disposition of Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

The disposition of our investments may result in contingent liabilities.

Most of our investments will involve private securities. In connection with the disposition of an investment in private securities, we may be required to make representations about the business and financial affairs of the portfolio company typical of those made in connection with the sale of a business. We may also be required to indemnify the purchasers of such investment to the extent that any such representations turn out to be inaccurate or with respect to certain potential liabilities. These arrangements may result in contingent liabilities that ultimately yield funding obligations that must be satisfied through our return of certain distributions previously made to us. As of December 31, 2024, the Company is not aware of any contingent liabilities.

          
Incurring Additional Indebtedness could Increase Risk            
General Description of Registrant [Abstract]            
Risk [Text Block]

As a BDC regulated under the 1940 Act, we are generally required to maintain a certain asset coverage for senior securities representing indebtedness (i.e., debt) or stock (i.e., preferred stock).

Following receipt of the necessary shareholder and Board approvals, effective February 9, 2019, the minimum asset coverage ratio requirement was reduced from 200% to 150%, pursuant to Section 61(a)(2) of the 1940 Act, as amended by the Small Business Credit Availability Act (the "SBCAA") (i.e., from a 1:1 debt to equity ratio to a 2:1 debt to equity ratio). Therefore, we may be able to issue an increased amount of senior securities and incur additional indebtedness in the future and, therefore, your risk of an investment in shares of our common stock may increase.

If our asset coverage falls below the required limit, we will not be able to incur additional debt until we are able to comply with the asset coverage applicable to us. This could have a material adverse effect on our operations, and we may not be able to make distributions to shareholders. The actual amount of leverage that we employ will depend on our and our Board of Directors’ assessment of market and other factors at the time of any proposed borrowing. We cannot assure you that we will be able to obtain credit at all or on terms acceptable to us.

We have indebtedness outstanding pursuant to the Leverage Program and expect, in the future, to borrow additional amounts under the Credit Facilities and may increase the size of the Credit Facilities or enter into other borrowing arrangements.

In the case of a liquidation event, those lenders would receive proceeds before our shareholders. In addition, borrowings, also known as leverage, magnify the potential for gain or loss on amounts invested and, therefore, increase the risks associated with investing in our common stock. Leverage is generally considered a speculative investment technique. If the value of our assets increases, then leveraging would cause the net asset value attributable to our common stock to increase more than it otherwise would have had we not leveraged. Conversely, if the value of our assets decreases, leveraging would cause the net asset value attributable to our common stock to decline more than it otherwise would have had we not leveraged. Similarly, any increase in our revenue in excess of interest expense on our borrowed funds would cause our net income to increase more than it would without the leverage. Any decrease in our revenue would cause our net income to decline more than it would have had we not borrowed funds and could negatively affect our ability to make distributions on our common stock. Our ability to service any debt that we incur depends largely on our financial performance and is subject to prevailing economic conditions and competitive pressures.

Illustration. The following table illustrates the effect of leverage on returns from an investment in our common stock assuming various annual returns, net of expenses. The calculations in the table below are hypothetical and actual returns may be higher or lower than those appearing below. The calculation is based on our level of leverage at December 31, 2024, which represented borrowings equal to 58.6% of our total assets. On such date, we also had $1,923.0 million in total assets; $1,794.8 million in total investments; an average cost of funds of 5.19% based on contractual terms at December 31, 2024; $1,126.3 million aggregate principal amount of debt outstanding; and $785.1 million of total net assets. In order to compute the “Corresponding Return to Common Shareholders,” the “Assumed Return on Portfolio (Net of Expenses Other than Interest)” is multiplied by the total value of our investment portfolio at December 31, 2024 to obtain an assumed return to us. From this amount, interest expense (calculated by multiplying the weighted-average interest rate of 5.19% by the $1,126.3 million of debt) is subtracted to determine the return available to shareholders. The return available to shareholders is then divided by the total value of our net assets at December 31, 2024 to determine the “Corresponding Return to Common Shareholders.” Actual interest payments may vary.

 

Assumed Return on Portfolio (Net of Expenses
   Other than Interest)

 

 

(10

)%

 

 

(5

)%

 

 

—

%

 

 

5

%

 

 

10

%

Corresponding Return to Common Shareholders

 

 

(30

)%

 

 

(19

)%

 

 

(7

)%

 

 

4

%

 

 

15

%

 

The assumed portfolio return in the table is based on SEC regulations and is not a prediction of, and does not represent, our projected or actual performance. The table also assumes that we will maintain a constant level of leverage. The amount of leverage that we use will vary from time to time.

          
Lack of Liquidity in Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

The lack of liquidity in our investments may adversely affect our business.

We make investments in private companies. A portion of these investments may be subject to legal and other restrictions on resale, transfer, pledge or other disposition or will otherwise be less liquid than publicly traded securities. The illiquidity of our investments may make it difficult for us to sell such investments if the need arises. In addition, if we are required to liquidate all or a portion of our portfolio quickly, we may realize significantly less than the value at which we have previously recorded our investments. In addition, we face other restrictions on our ability to liquidate an investment in a business entity to the extent that we or the Advisor has or could be deemed to have material non-public information regarding such business entity.

          
Substantial Portion of Portfolio Investments are Recorded at Fair Value            
General Description of Registrant [Abstract]            
Risk [Text Block]

A substantial portion of our portfolio investments are recorded at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors and, as a result, there may be uncertainty regarding the value of our portfolio investments.

The debt and equity investments that we make for which market quotations are not readily available will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee approves in good faith the valuation of such securities. 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 our investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material. Our net asset value could be adversely affected if determinations regarding the fair value of these investments were materially higher than the values ultimately realized upon the disposal of such investments.

          
Borrowed Funds Investments Exposes to Risks            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our use of borrowed funds to make investments exposes us to risks typically associated with leverage.

We borrow money and may issue additional debt securities or preferred stock to leverage our capital structure. As a result:

•
our common stock is exposed to incremental risk of loss and a decrease in the value of our investments would have a greater negative impact on the value of our common stock than if we did not use leverage;
•
adverse changes in interest rates could reduce or eliminate the incremental income we make with the proceeds of any leverage;
•
such securities are governed by an indenture or other instrument containing covenants restricting our operating flexibility;
•
we, and indirectly our shareholders, bear the cost of issuing and paying interest or making distributions on such securities;
•
any convertible or exchangeable securities that we issue may have rights, preferences and privileges more favorable than those of our common stock; and
•
our ability to make distributions on our common stock will be restricted if our asset coverage ratio is not at least 150% and any amounts used to service indebtedness or preferred stock may not be available for such distributions.
          
Distributions to Stockholders            
General Description of Registrant [Abstract]            
Risk [Text Block]

A portion of our distributions to shareholders may include a return of shareholder capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. A portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered non-taxable distributions and serve to reduce the basis of our shares in the hands of the shareholders rather than being currently taxable, and as a result of the reduction of the basis of our shares, shareholders may incur additional capital gains taxes or may have lower capital losses.

          
Difficulty In Paying Required Distributions [Member]            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may have difficulty paying our required distributions if we recognize income before or without receiving cash representing such income.

In accordance with U.S. GAAP and tax regulations, we include in income certain amounts that we have not yet received in cash, such as PIK interest, which represents contractual interest added to the loan balance and due at the end of the loan term. The increases in loan balances as a result of contracted PIK arrangements are included in income for the period in which such PIK interest was received, which is often in advance of receiving cash payment. We also may be required to include in income certain other amounts that we will not receive in cash. Any warrants that we receive in connection with our debt investments are generally valued as part of the negotiation process with the particular portfolio company. As a result, a portion of the aggregate purchase price for the debt investments and warrants are allocated to the warrants that we receive. This will generally result in “original issue discount,” or OID, for tax purposes, which we must recognize as ordinary income, increasing the amounts we are required to distribute to qualify for the federal income tax benefits applicable to RICs. Because such original issue discount income would not be accompanied by cash, we would need to obtain cash from other sources to satisfy such distribution requirements. If we are unable to obtain cash from other sources to satisfy such distribution requirements, we may fail to qualify for favorable tax treatment as a RIC and, thus, could become subject to a corporate-level income tax on all of our income. Other features of the debt instruments that we hold may also cause such instruments to generate original issue discount, resulting in a distribution requirement in excess of current cash received. Similarly, newly enacted tax legislation contains rules that may in certain other circumstances require the recognition of non-cash taxable income or may limit the deductibility of certain of our cash expenses. Since in certain cases we may recognize income before or without receiving cash representing such income or may be subject to limitations on the deductibility of cash expenses, we may have difficulty meeting the requirement to distribute at least 90% of our net ordinary income and realized net short-term capital gains in excess of realized net long-term capital losses, if any. If we are unable to meet these distribution requirements, we will not qualify for favorable tax treatment as a RIC or, even if such distribution requirements are satisfied, we may be subject to tax on the amount that is undistributed. Accordingly, we may have to sell some of our

assets, raise additional debt or equity capital or reduce new investment originations to meet these distribution requirements and avoid tax.

          
Original Issue Discount and Pik Interest            
General Description of Registrant [Abstract]            
Risk [Text Block]

To the extent OID and PIK interest constitute a portion of our income, we will be exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash representing such income.

Our investments may include OID instruments and PIK interest arrangements, which represents contractual interest added to a loan balance and due at the end of such loan’s term. To the extent OID or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following:

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The higher interest rates of OID and PIK instruments reflect the payment deferral and increased credit risk associated with these instruments, and OID and PIK instruments generally represent a significantly higher credit risk than coupon loans.
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Even if the accounting conditions for income accrual are met, the borrower could still default when our actual collection is supposed to occur at the maturity of the obligation.
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OID and PIK instruments may have unreliable valuations because their continuing accruals require continuing judgments about the collectability of the deferred payments and the value of any associated collateral. OID and PIK income may also create uncertainty about the source of our cash distributions.
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For accounting purposes, any cash distributions to shareholders representing OID and PIK income are not treated as coming from paid-in capital, even if the cash to pay them comes from offering proceeds. As a result, despite the fact that a distribution representing OID and PIK income could be paid out of amounts invested by our shareholders, the 1940 Act does not require that shareholders be given notice of this fact by reporting it as a return of capital.
•
PIK interest has the effect of generating investment income at a compounding rate, thereby further increasing the Incentive Fees payable to the Advisor. Similarly, all things being equal, the deferral associated with PIK interest also decreases the loan-to-value ratio at a compounding rate.
          
Unrealized Losses On Investment Portfolio            
General Description of Registrant [Abstract]            
Risk [Text Block]

Any unrealized losses we experience on our investment portfolio may be an indication of future realized losses, which could reduce our income available for distribution.

Decreases in the market values or fair values of our investments will be recorded as unrealized depreciation. Any unrealized losses in our investment portfolio could be an indication of a portfolio company’s inability to meet its repayment obligations to us with respect to the affected investments. This could result in realized losses in the future and ultimately in reductions of our income available for distribution in future periods.

          
Anticipated Benefits By Merger            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may be unable to realize the benefits anticipated by the Merger, including estimated cost savings, or it may take longer than anticipated to achieve such benefits.

The realization of certain benefits anticipated as a result of the Merger will depend in part on our ability to realize estimated cost savings. It is possible that our estimates of the potential Merger-related cost savings ultimately could be incorrect. If our estimates turn out to be incorrect, the anticipated cost savings may not be fully realized or realized at all or may take longer to realize than expected.

          
Conflicts of Interest            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our Advisor and its affiliates and employees may have certain conflicts of interest.

As a global provider of investment management, risk management and advisory services to institutional and retail clients, BlackRock, the Advisor and their respective affiliates (for purposes of this discussion of potential conflicts, the “BlackRock Entities”), engage in a broad spectrum of activities, including sponsoring and managing a variety of public and private investment funds, funds of funds and separate accounts across fixed income, liquidity, equity, alternative investment and real estate strategies; providing financial advisory services; providing technology infrastructure and analytics under the BlackRock Solutions® brand and engaging in certain broker-dealer activities and other activities. Although the relationships and activities of the BlackRock Entities should help enable these entities to offer attractive opportunities and services to the Company, such relationships and activities create certain inherent actual and potential conflicts of interest. In the ordinary course of business, the BlackRock Entities engage in activities where their interests or the interests of their clients may conflict with the interests of the Company, certain investors or a group of investors, or the Company’s investments. The following discussion enumerates certain potential and actual conflicts of interest.

Allocation of Investment Opportunities. The BlackRock Entities manage and advise numerous accounts for clients around the world, such as registered and unregistered funds and owners of separately managed accounts (collectively, “Client Accounts”). Client Accounts include funds and accounts in which the BlackRock Entities or their personnel have an interest (“BlackRock Accounts”). Certain of

these Client Accounts have investment objectives, and utilize investment strategies, that are similar to the Company’s. As a result, certain investments may be appropriate for the Company and also for other Client Accounts. The BlackRock Entities’ allocation of investment opportunities among various Client Accounts presents inherent potential and actual conflicts of interest, particularly where an investment opportunity is limited. These potential conflicts are exacerbated in situations where BlackRock is entitled to higher fees and incentive compensation from certain Client Accounts than from other Client Accounts (including the Company), where the portfolio managers making an allocation decision are entitled to an incentive fee, carried interest or other similar compensation from such other Client Accounts, or where there are differences in proprietary investments in the Company and other Client Accounts. The prospect of achieving higher compensation or greater investment return from another investment vehicle or separate account than from the Company provides incentives for the Advisor or other BlackRock Entities to favor the other investment vehicle or separate account over the Company when, for example, allocating investment opportunities that the Advisor believes could result in favorable performance. It is the policy of BlackRock not to make decisions based on the foregoing interests or greater fees or compensation.

Any person that owns, directly or indirectly, 5% or more of our outstanding voting securities or is managed by the Advisor will generally be an affiliate of the Company for purposes of the 1940 Act and the Company is generally prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to, such affiliate, absent the prior approval of the Independent Directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an order providing an exemption from certain SEC regulations prohibiting transactions with affiliates (the “Order”). The Order requires that certain procedures be followed prior to making an investment subject to the Order and such procedures could in certain circumstances adversely affect the price paid or received by the Company or the availability or size of the position purchased or sold by the Company. The Advisor may also face conflicts of interest in making investments pursuant to the Order.

The 1940 Act also prohibits certain “joint” transactions with certain of the Company’s affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of the Independent Directors and, in some cases, of the SEC. The Company is prohibited from buying or selling any security from or to any person who owns more than 25% of the Company’s voting securities and from or to certain of that person’s affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit the Company’s ability to transact business with its officers or directors or their affiliates.

To address actual and potential conflicts associated with allocation of investments, BlackRock has developed an investment allocation policy (the “Investment Allocation Policy”) and related guidelines. In addition, certain BlackRock Entities and business units have supplemental allocation policies for making allocation decisions among Client Accounts managed by such BlackRock Entities (together with the Investment Allocation Policy and related guidelines, the “Allocation Policy”). The Allocation Policy is intended to ensure that investment opportunities are allocated on a fair and equitable basis among Client Accounts over time, taking into account various factors including the Client Account’s investment objective, guidelines and restrictions and other portfolio construction considerations; available capital and liquidity needs; tax, regulatory and contractual considerations; risk or investment concentration parameters; supply or demand for a security at a given price level; size of available investment; unfunded capital commitments or cash availability and liquidity requirements; leverage limitations; regulatory restrictions; contractual restrictions (including with other clients); minimum investment size; relative size; and such other factors as may be relevant to a particular transaction or Client Account. The BlackRock Entities reserve the right to allocate investment opportunities appropriate for the investment objectives of the Company and other Client Accounts in any other manner deemed fair and equitable by the BlackRock Entities consistent with the Allocation Policy, the Order and applicable law. The application of the Allocation Policy, the Order and the foregoing considerations may result in a particular Client Account, including the Company, not receiving an allocation of an investment opportunity that has been allocated to other Client Accounts following the same or similar strategy, or receiving a smaller allocation than other Client Accounts or an allocation on an other than pro rata basis. Furthermore, as the investment programs of the Company and the other applicable Client Accounts change and develop over time, additional issues and considerations may affect the Allocation Policy and the expectations of the BlackRock Entities with respect to the allocation of investment opportunities to the Company and other Client Accounts. BlackRock and the Advisor reserve the right to change the Allocation Policy and guidelines relating thereto from time to time without the consent of or notice to shareholders, subject to the disclosure requirements of applicable law.

As a general matter, it is expected the Company will participate in investments deemed appropriate for the Company’s strategy and either sourced by the investment personnel directly responsible for managing the Company (though investments sourced by such personnel may also be allocated to other Client Accounts that may be managed by other investment teams) or made available for investment by the Company pursuant to the terms of the Order.

Allocation of Expenses. Side-by-side management by the BlackRock Entities of the Company and Client Accounts raises other potential and actual conflicts of interest, including those associated with allocating expenses attributable to the Company and one or more other Client Accounts. The Advisor and its affiliates will attempt to make such allocations on a basis that they consider to be fair

and equitable to the Company under the circumstances over time and considering such factors as it deems relevant. The allocations of such expenses may not be proportional, and any such determinations involve inherent matters of discretion, e.g., in determining whether to allocate pro rata based on number of Client Accounts or proportionately in accordance with asset size, or in certain circumstances determining whether a particular expense has a greater benefit to the Company, other Client Accounts or the Advisor and/or its affiliates.

Activities of Other Client Accounts. The BlackRock Entities will, from time to time, be actively engaged in transactions on behalf of other Client Accounts in the same investments, securities, derivatives and other instruments in which the Company will directly or indirectly invest. Trading for certain other Client Accounts is carried out without reference to positions held directly or indirectly by the Company and may have an effect on the value or liquidity of the positions so held or may result in another Client Account having an interest in an issuer adverse to that of the Company.

Under certain circumstances and subject to the Order and applicable law, the Company may invest directly or indirectly in a transaction in which one or more other Client Accounts are expected, or seek, to participate or already have made, or concurrently will make or seek to make, an investment. The Company and the other Client Accounts may have conflicting interests and objectives in connection with such investments, including with respect to views on the operations or activities of the project or company involved, the targeted returns from the investment and the timeframe for, and method of, exiting the investment. For example, the Advisor’s decisions on behalf of other Client Accounts to sell, redeem from or otherwise liquidate a security in which the Company is invested may adversely affect the Company, including by causing such investment to be less liquid or more concentrated, or by causing the Company to no longer participate in a controlling position in the investment or to lose the benefit of certain negotiated terms, including, without limitation, fee discounts. Conflicts will also arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, including circumstances in which one or more Client Accounts may own private securities or obligations of an issuer and other Client Accounts may own public securities of the same issuer. If an issuer in which the Company, directly or indirectly, and one or more other Client Accounts hold different classes of securities (or other assets, instruments or obligations issued by such issuer) encounters financial problems, decisions over the terms of any workout will raise potential conflicts of interests (including, for example, conflicts regarding the terms of recapitalizations and proposed waivers, amendments or enforcement of debt covenants). As a result, one or more Client Accounts may pursue or enforce rights with respect to a particular issuer in which the Company has directly or indirectly invested, and those activities may have an adverse effect on the Company. Because of the different legal rights associated with debt and equity of the same portfolio company, BlackRock expects to face a potential conflict of interest in respect of the advice given to, and the actions taken on behalf of, the Company versus another Client Account (e.g., the terms of debt instruments, the enforcement of covenants, the terms of recapitalizations and the resolution of workouts or bankruptcies). For example, if the Company holds debt securities of an issuer and a Client Account directly or indirectly holds equity securities of the same issuer, then, if the issuer experiences financial or operational challenges, the Company may seek a liquidation of the issuer in which it may be paid in full, whereas the Client Account, as a direct or indirect equity holder, might prefer a reorganization that holds the potential to create value for the equity holders. Similarly, if additional capital is necessary as a result of financial or other difficulties, or to finance growth of other opportunities, subject to the Order and applicable law and regulation, a Client Account may not provide such additional capital and the Company may do so, or vice versa. In the event of an insolvency, bankruptcy or similar proceeding of an issuer, the Company may be limited (by applicable law, courts or otherwise) in the positions or actions it may be permitted to take due to other interests held or actions or positions taken by other Client Accounts. In negotiating the terms and conditions of any such investments, or any subsequent amendments or waivers, the Advisor and the other BlackRock Entities may find that their own interests, the interests of the Company and/or the interests of one or more other Client Accounts could conflict. Any of the foregoing conflicts of interest will be discussed and resolved on a case-by-case basis. The resolution of such conflicts will take into consideration the interests of the relevant parties, the circumstances giving rise to the conflict, the Order to the extent applicable and applicable law. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the Company and that the Company could be adversely affected by the actions taken by BlackRock Entities on behalf of Client Accounts.

In order to avoid or reduce the conflicts that may arise in cases where the Company, directly or indirectly, and other Client Accounts invest in different parts of an issuer’s capital structure, or for other reasons, the Company may choose not to invest in issuers in which other Client Accounts hold an existing investment, even if the Advisor believes such investment opportunity to be attractive and otherwise appropriate for the Company and is permitted under applicable law and regulation, which may adversely affect the performance of the Company.

Other transactions by one or more Client Accounts also may have the effect of diluting the values or prices of investments held directly or indirectly by the Company or otherwise disadvantaging the Company. This may occur when portfolio decisions regarding the Company are based on research or other information that is also used to support portfolio decisions for other Client Accounts. When a BlackRock Entity implements a portfolio decision or strategy on behalf of a Client Account other than the Company ahead of, or contemporaneously with, similar portfolio decisions or strategies for the Company (whether or not the portfolio decisions emanate from the same research analysis or other information), market impact, liquidity constraints or other factors could result in the Company receiving less favorable investment results, and the cost of implementing such portfolio decisions or strategies for the Company could increase, or the Company could otherwise be disadvantaged.

Additionally, if the Company makes an investment in a portfolio company in conjunction with an investment made by another Client Account, the Company may not invest through the same investment vehicles, have the same access to credit or employ the same hedging or investment strategies as such other Client Account. This likely will result in differences in investment cost, investment terms, leverage and associated expenses between the Company and any other Client Account. There can be no assurance that the Company and the other Client Accounts will exit the investment at the same time or on the same terms, and there can be no assurance that the Company’s return on such an investment will be the same as the returns achieved by any other Client Accounts participating in the transactions. Given the nature of these conflicts, there can be no assurance that the resolution of these conflicts will be beneficial to the Company.

The BlackRock Entities may also, in certain circumstances and subject to the Order and applicable law and regulation, pursue or enforce rights or take other actions with respect to a particular issuer or investment jointly on behalf of the Company and other Client Accounts. In such circumstances, the Company may be adversely impacted by the other Client Accounts’ activities, and transactions for the Company may be impaired or effected at prices or terms that may be less favorable than would otherwise have been the case had the other Client Accounts not pursued a particular course of action with respect to the issuer or investment. For example, one or more Client Accounts may dispose of or make an in kind distribution of its portion of an investment that is also held by the Company and other Client Accounts, and such action may adversely affect the Company and such other Client Accounts that continue to hold such investment.

Conflicts may also arise because portfolio decisions made by the Advisor on behalf of the Company may benefit other BlackRock Entities or Client Accounts, including BlackRock Accounts. For example, subject to the Order and applicable law and regulation, the Company may invest directly or indirectly in the securities, bank loans or other obligations of issuers in which a Client Account has an equity, debt or other interest, or vice versa. In certain circumstances, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment. Further, the Company may also engage in investment transactions that result in other Client Accounts being relieved of obligations or otherwise divesting of investments that the Company also holds or which cause the Company to have to divest certain investments. The purchase, holding and sale of investments by the Company may enhance the profitability of another Client Account’s own investments in and activities with respect to such investments.

Without limiting the generality of the foregoing, the Company may invest, directly or indirectly, in equity of investments or issuers affiliated with the BlackRock Entities or in which a BlackRock Entity or a Client Account has a direct or indirect debt or other interest, or vice versa, and may acquire such equity or debt either directly or indirectly through public or private acquisitions. Such investments may benefit the BlackRock Entities or Client Accounts. In addition, the Advisor may be incentivized not to undertake certain actions on behalf of the Company in connection with such investments, in view of a BlackRock Entity’s or Client Account’s involvement with the relevant issuer or investment.

Moreover, the Advisor’s investment professionals, its senior management and employees serve or may serve as officers, directors or principals of entities that operate in the same or a related line of business as the Company. Accordingly, these individuals may have obligations to investors in those entities or funds, the fulfillment of which might not be in the best interests of the Company or shareholders. In addition, certain of the personnel employed by the Advisor or focused on the Company’s business may change in ways that are detrimental to the Company’s business.

Transactions Between Client Accounts. Each of the BlackRock Entities and the Advisor reserve the right to conduct cross trades between the Company and other Client Accounts in accordance with applicable legal and regulatory requirements. The Advisor may cause the Company to purchase securities or other assets from or sell securities or other assets to, or engage in other transactions with, other Client Accounts or vehicles when the Advisor believes such transactions are appropriate and in the participants’ best interest, subject to applicable law and regulation. The Company may enter into “agency cross transactions,” in which a BlackRock Entity may act as broker for the Company and for the other party to the transaction, to the extent permitted under applicable law and regulation and the relevant Client Account governing documents. In such cases, the Advisor and such other Client Accounts or BlackRock Entities, as applicable, may have a potentially conflicting division of loyalties and responsibilities regarding both parties to the transaction. To the extent that any provision of Section 11(a) of the Exchange Act, or any of the rules promulgated thereunder, is applicable to any transactions effected by the Advisor, such transactions will be effected in accordance with the requirements of such provisions and rules.

Proxy Voting. The Board of Directors has delegated to the Advisor discretion with respect to voting and consent rights of the assets of the Company. Consistent with applicable rules under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), BlackRock has adopted and implemented written proxy voting policies and procedures with respect to individual securities held by the Company that are reasonably designed: (i) to ensure that proxies are voted, consistent with its fiduciary obligations, in the best interests of Client Accounts under the circumstances over time; and (ii) to prevent conflicts of interest from influencing proxy voting decisions made on behalf of clients. Nevertheless, when votes are cast in accordance with BlackRock’s proxy voting policy and in a manner that BlackRock believes to be consistent with its fiduciary obligations, actual proxy voting decisions made on behalf of one Client Account

may have the effect of favoring or harming the interests of other Client Accounts, including the Company. Shareholders may receive a copy of BlackRock’s proxy voting policy, upon request, and may also obtain a copy at: http://www.blackrock.com/corporate/en-us/about-us/responsible-investment/responsible-investment-reports.

Investment Terms of Other Client Accounts. The investment terms offered to other Client Accounts or to investors in other Client Accounts with similar investment objectives as the Company may be different than those applicable to our shareholders and may create conflicts. In particular, with respect to investors in other Client Accounts that are managed as dedicated funds or with respect to other Client Accounts investing through separate accounts with similar investment objectives to the Company, information sharing may, to the extent permitted under applicable law and regulation, be more extensive, detailed and timely as compared to information available to our shareholders, and the other Client Accounts’ liquidity may not be subject to the restrictions that apply to our shareholders.

Management of the Company. In connection with the management of the Company, the Board of Directors and/or the Advisor will have the right to make certain determinations on behalf of the Company, in its discretion. Any such determinations may affect shareholders differently and some shareholders may be adversely affected by such determinations by the Board of Directors or Advisor. Shareholders may be situated differently in a number of ways, including being resident of, or organized in, various jurisdictions, being subject to different tax rules or regulatory structures and/or having different internally- or externally-imposed investment policies, restrictions or guidelines. As a result, conflicts of interest may arise in connection with decisions made by the Board of Directors or the Advisor that may be more beneficial for certain shareholders. In making determinations on behalf of the Company, including in structuring and completing investments, the Advisor intends to consider the investment and tax objectives of the Company and the shareholders as a whole, not the investment, tax or other objectives of any shareholder individually.

Subject to applicable law, including the 1940 Act, and the terms of the applicable contracts with the Company, BlackRock Entities may from time to time, and without notice to the Company or shareholders, insource or outsource to third-parties, including parties which are affiliated with BlackRock, certain processes or functions in connection with a variety of services that they provide to the Company in their administrative or other capacities. Such in-sourcing or outsourcing may give rise to potential conflicts of interest.

Limited Access to Information; Information Advantage of Certain BlackRock Clients. As a result of receiving client reports, service on a Client Account’s advisory board, affiliation with the Advisor or otherwise, one or more BlackRock clients may have access to different information regarding the BlackRock Entities’ transactions, strategies or views, and may act on such information in accounts not controlled by the BlackRock Entities, which may have a material adverse effect on the performance of the Company. The Company and its investments may also be adversely affected by market movements or by decreases in the pool of available securities or liquidity arising from purchases and sales by, as well as increases of capital in, and withdrawals of capital from, other Client Accounts and other accounts of BlackRock clients not controlled by BlackRock. These effects can be more pronounced in respect of investments with limited capacity and in thinly traded securities and less liquid markets.

Furthermore, our shareholders’ rights to information regarding the Advisor or the Company generally will be limited to applicable reporting obligations and information requirements under the Exchange Act and applicable state law. It is anticipated that the Advisor and its affiliates will obtain certain types of material information from or relating to the Company’s investments that will not be disclosed to shareholders because such disclosure is prohibited, including as a result of contractual, legal or similar obligations outside of BlackRock’s control. Such limitations on the disclosure of such information may have adverse consequences for shareholders in a variety of circumstances and may make it difficult for a shareholder to monitor the Advisor and its performance.

Advisor Decisions May Benefit BlackRock Entities and BlackRock Accounts. BlackRock Entities may derive ancillary benefits from certain decisions made on behalf of the Company. While the Advisor will make decisions for the Company in accordance with its obligations to manage the Company appropriately, the fees, allocations, compensation and other benefits to the BlackRock Entities (including benefits relating to business relationships of the BlackRock Entities) may be greater as a result of certain portfolio, investment, service provider or other decisions made by the Advisor for the Company than they would have been had other decisions been made which also might have been appropriate for the Company. In addition, BlackRock Entities may invest in Client Accounts and therefore may indirectly derive ancillary benefits from certain decisions made by the Advisor. The Advisor may also make decisions and exercise discretion with respect to the Company that could benefit BlackRock Entities that have invested in the Company.

Temporary Investments in Cash Management Products. Subject to applicable law, the Company may invest, on a temporary basis, in short-term, high-grade assets or other cash management products, including SEC-registered investment funds (open-end or closed-end) or unregistered funds, including any such funds that are sponsored, managed or serviced by advisory BlackRock Entities. In connection with any of these investments, the Company will bear all fees pertaining to the investment, including advisory, administrative or 12b-1 fees, and no portion of any fees otherwise payable by the Company will be offset against fees payable in accordance with any of these investments (i.e., there could be “double fees” involved in making any of these investments which would not arise in connection with a shareholder’s direct investment in such money market or liquidity funds, because a BlackRock Entity could receive fees with respect to both the management of the Company, on one hand, and such cash management products, on the other). In these circumstances, as well as in other circumstances in which any BlackRock Entities receive any fees or other compensation in any form relating to the provision of services, subject to the Company’s Governing Documents, no accounting, repayment to the Company or offset of the Advisory Fee will be required.

Management Responsibilities. The employees and directors of the Advisor or its affiliates are not under any obligation to devote all of their professional time to the affairs of the Company, but will devote such time and attention to the affairs of the Company as BlackRock determines in its discretion is necessary to carry out the operations of the Company effectively. Employees and directors of the Advisor engage in other activities unrelated to the affairs of the Company, including managing or advising other Client Accounts, which presents potential conflicts in allocating management time, services and functions among the Company and other Client Accounts. These potential conflicts will be exacerbated in situations where employees may be entitled to greater incentive compensation or other remuneration from certain Client Accounts than from other Client Accounts (including the Company).

The Advisor may, subject to applicable law, utilize the personnel or services of its affiliates in a variety of ways to make available to the Company BlackRock’s global capabilities. Although the Advisor believes this practice generally is in the best interests of its clients, it is possible that conflicts with respect to allocation of investment opportunities, portfolio execution, client servicing or other matters may arise due to differences in regulatory requirements in various jurisdictions, time differences or other reasons. The Advisor will seek to ameliorate any conflicts that arise and may determine not to utilize the personnel or services of a particular affiliate in circumstances where it believes the potential conflict outweighs the potential benefits.

Investments by Directors, Officers and Employees of BlackRock Entities. The directors, officers and employees of BlackRock Entities are permitted to buy and sell public or private securities, commingled vehicles or other investments held by the Company for their own accounts, or accounts of their family members and in which such BlackRock Entity personnel may have a pecuniary interest, including through accounts (or investments in funds) managed by BlackRock Entities, in accordance with BlackRock’s personal trading policies. As a result of differing trading and investment strategies or constraints, positions taken by BlackRock Entity directors, officers, and employees may be the same as or different from, or made contemporaneously or at different times than, positions taken for the Company.

Such persons and/or investment vehicles they manage also may invest in companies in the same industries as companies in which the Company expects to invest, and may compete with the Company for investment opportunities, and their investments may compete with the Company’s investments.

In addition, BlackRock personnel may serve on the boards of directors of companies in the same industries as companies in which the Company expects to invest, which can give rise to conflicting obligations and interests.

As these situations may involve potential conflicts of interest, BlackRock has adopted policies and procedures relating to personal securities transactions, insider trading and other ethical considerations. These policies and procedures are intended to identify and reduce actual conflicts of interest with clients and to resolve such conflicts appropriately if they do occur.

Issues Relating to the Valuation of Assets. While securities and other property held by the Company generally will be valued by reference to an independent third-party source, in certain circumstances holdings may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors. Moreover, a significant portion of the assets in which the Company may directly or indirectly invest may not have a readily ascertainable market value and, subject to applicable law, may be valued at fair value based upon the principles and methods of valuation set forth in policies adopted by the Advisor as Valuation Designee under the supervision of our Board of Directors.

Potential Restrictions on the Advisor’s Activities on Behalf of the Company. From time to time, the Advisor expects to be restricted from purchasing or selling securities or taking other actions on behalf of the Company because of regulatory and legal requirements applicable to BlackRock Entities, other Client Accounts and/or the Advisor’s internal policies designed to comply with or limit the applicability of, or which otherwise relate to, such requirements. An investment fund not advised by BlackRock Entities may not be subject to the same considerations. There may be periods when the Advisor (on behalf of the Company) may not initiate or recommend certain types of transactions, may limit or delay purchases, may sell or redeem existing investments, forego transactions or other investment opportunities, restrict or limit the exercise of rights (including voting rights), or may otherwise restrict or limit their advice with respect to securities or instruments issued by or related to issuers for which BlackRock Entities are performing advisory or other services. Such policies may restrict the Company’s activities more than required by applicable law. For example, when BlackRock Entities are engaged to provide advisory or risk management services for an issuer, the Company may be prohibited from or limited in purchasing or selling interests of that issuer, particularly in cases where BlackRock Entities have or may obtain material non-public information about the issuer. Similar prohibitions or limitations could also arise if: (i) BlackRock Entity personnel serve as directors or officers of issuers, the securities or other interests of which the Company wishes to purchase or sell, (ii) the Advisor on behalf of the Company participates in a transaction (including a controlled acquisition of a U.S. public company) that results in the requirement to restrict all purchases, sales and voting of equity securities of such target issuer, or (iii) regulations, including portfolio affiliation rules or stock exchange rules, prohibit participation in offerings by an issuer when other Client Accounts have prior holdings of such issuer’s securities or desire to participate in such a public offering, or where other Client Accounts have or may have short positions in such issuer’s securities. However, where permitted by applicable law, and where consistent with the BlackRock Entities’ policies and procedures, the BlackRock Entities may, but are not obligated to, seek to avoid such prohibitions or limitations (such as through the implementation of appropriate information barriers), and in such cases, the Advisor on behalf of the Company may purchase or sell securities or instruments that are issued by such issuers. In addition, certain activities and actions may also be considered to result in reputational risk or disadvantage for the management of the Company and/or for the Advisor and its affiliates, and the Advisor may decline or limit an investment opportunity or dispose of an existing investment as a result.

In addition, in regulated industries and in certain markets, and in certain futures and derivative transactions, there are limits on the aggregate amount of investment by affiliated investors that may not be exceeded without a regulatory filing, the grant of a license or other regulatory or corporate consent. For example, the U.S. Commodity Futures Trading Commission (“CFTC”), the U.S. commodities exchanges and certain non-U.S. exchanges have established limits referred to as “speculative position limits” or “position limits” on the maximum long or short (or, for some commodities, the gross) positions which any person or group of persons may own, hold or control in certain futures or options on futures contracts, and such rules generally require aggregation of the positions owned, held or controlled by related entities. Any such limits may prevent the Company from acquiring positions that might otherwise have been desirable or profitable. Under certain circumstances, the Advisor may restrict a purchase or sale of securities, derivative instruments or other assets on behalf of Client Accounts in anticipation of a future conflict that may arise if such purchase or sale would be made. Any such determination will take into consideration the interests of the relevant Client Accounts, the circumstances that would give rise to the future conflict and applicable law. Such determination will be made on a case by case basis.

Other Services and Activities of the BlackRock Entities. The BlackRock Entities (including the Advisor) will, from time to time, provide financial, consulting and other services to, and receive compensation from, an entity which is the issuer of a security or other investment held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. In addition, the BlackRock Entities (including the Advisor) may purchase property (including securities) from, sell property (including securities) or lend funds to, or otherwise deal with, any entity which is the issuer of a security held by the Company, counterparties to transactions with the Company or third parties that also provide services to the Company. It is also likely that the Company will have multiple business relationships with and will invest in, engage in transactions with, make voting decisions with respect to, or obtain services from entities for which BlackRock Entities perform or seek to perform certain financial services. Conflicts are expected to arise in connection with the foregoing.

The BlackRock Entities may derive ancillary benefits from providing investment advisory, administrative and other services to the Company, and providing such services to the Company may enhance the BlackRock Entities’ relationships with various parties, facilitate additional business development, and enable the BlackRock Entities to obtain additional business and generate additional revenue.

Potential Restrictions and Issues Relating to Information Held by BlackRock. The Advisor may not have access to information and personnel of all BlackRock Entities, including as a result of informational barriers constructed between different investment teams and groups within BlackRock focusing on alternative investments and otherwise. Therefore, the Advisor may not be able to manage the Company with the benefit of information held by one or more other investment teams and groups within the BlackRock Entities. However, although it is under no obligation to do so, if it is permitted to do so, the Advisor may consult with personnel on other investment teams and in other groups within BlackRock, or with persons unaffiliated with BlackRock, or may form investment policy committees composed of such personnel, and in certain circumstances, personnel of affiliates of the Advisor may have input into, or make determinations regarding, portfolio management transactions for the Company, and may receive information regarding the Advisor’s proposed investment activities for the Company that generally is not available to the public. There will be no obligation on the part of such persons to make available for use by the Company any information or strategies known to them or developed in connection with their own client, proprietary or other activities. In addition, BlackRock will be under no obligation to make available any research or analysis prior to its public dissemination.

The Advisor makes decisions for the Company based on the Company’s investment program. The Advisor from time to time may have access to certain fundamental analysis, research and proprietary technical models developed by BlackRock Entities and their personnel. There will be no obligation on the part of the BlackRock Entities to make available for use by the Company, or to effect transactions on behalf of the Company on the basis of, any such information, strategies, analyses or models known to them or developed in connection with their own proprietary or other activities. In certain cases, such personnel will be prohibited from disclosing or using such information for their own benefit or for the benefit of any other person, including the Company and other Client Accounts. In other cases, fundamental analyses, research and proprietary models developed internally may be used by various BlackRock Entities and their personnel on behalf of different Client Accounts, which could result in purchase or sale transactions in the same security at different times (and could potentially result in certain transactions being made by one portfolio manager on behalf of certain Client Accounts before similar transactions are made by a different portfolio manager on behalf of other Client Accounts), or could also result in different purchase and sale transactions being made with respect to the same security. The Advisor may also effect transactions for the Company that differ from fundamental analysis, research or proprietary models issued by the BlackRock Entities or by the Advisor itself in various contexts. The foregoing transactions may negatively impact the Company and its direct and indirect investments through market movements or by decreasing the pool of available securities or liquidity, which effects can be more pronounced in thinly traded securities and less liquid markets.

The BlackRock Entities and different investment teams and groups within the Advisor have no obligation to seek information or to make available to or share with the Company any third-party manager with which the Company invests any information, research, investment strategies, opportunities or ideas known to BlackRock Entity personnel or developed or used in connection with other clients or activities. The BlackRock Entities and different investment teams and groups within the Advisor may compete with the Company or any third-party manager with which the Company invests for appropriate investment opportunities on behalf of their other Client Accounts. The results of the investment activities of the Company may differ materially from the results achieved by BlackRock Entities for other Client Accounts. BlackRock Entities may give advice and take action with respect to other Client Accounts that may compete or conflict with the advice the Advisor may give to the Company, including with respect to their view of the operations or activities of an investment, the return of an investment, the timing or nature of action relating to an investment or the method of exiting an investment.

BlackRock Entities may restrict transactions for themselves, but not for the Company, or vice versa. BlackRock Entities and certain of their personnel, including the Advisor’s personnel or other BlackRock Entity personnel advising or otherwise providing services to the Company, may be in possession of information not available to all BlackRock Entity personnel, and such personnel may act on the basis of such information in ways that have adverse effects on the Company. The Company could sustain losses during periods in which BlackRock Entities and other Client Accounts achieve significant profits.

Material, Non-Public Information. The Advisor and its personnel may not trade for the Company or other Client Accounts or for their own benefit or recommend trading in financial instruments of a company while they are in possession of material, non-public or price sensitive information (“Inside Information”) concerning such company, or disclose such Inside Information to any person not entitled to receive it. The BlackRock Entities (including the Advisor) may have access to Inside Information. The Advisor has instituted an internal information barrier policy designed to prevent securities laws violations based on access to Inside Information. Accordingly, there may be certain cases where the Advisor may be restricted from effecting purchases and/or sales of interests in securities or other financial instruments, or entering into certain transactions or exercising certain rights under such transactions on behalf of the Company and/or the other Client Accounts. There can be no assurance that the Advisor will not receive Inside Information and that such restrictions will not occur. At times, the Advisor, in an effort to avoid restriction for the Company or the other Client Accounts, may elect not to receive Inside Information, which may be relevant to the Company’s portfolio, that other market participants are eligible to receive or have received and could affect decisions that would have otherwise been made.

Any partner, officer or employee of the BlackRock Entities may serve as an officer, director, advisor or in comparable management functions for the investments of other Client Accounts, and any such person may obtain Inside Information in connection therewith, or in connection with such partner’s, officer’s or employee’s other activities in the financial markets. In an effort to manage possible risks arising from the internal sharing of material non-public information, BlackRock maintains a list of restricted securities with respect to which it has access to material non-public information and in which Client Accounts are restricted from trading. If partners, officers or employees of BlackRock obtain such material nonpublic information about a portfolio company which is an investment of a Client Account, the Company may be prohibited by law, policy or contract, for a period of time, from (i) unwinding a position in such company, (ii) establishing an initial position or taking any greater position in such company and/or (iii) pursuing other investment opportunities, which could impact the returns to the Company. In addition, in certain circumstances, particularly during the liquidation of a Client Account, the Company may be prohibited from trading a position that it holds, directly or indirectly, in the Client Account because BlackRock determines that one or more partners, officers or employees of BlackRock holds material non-public information with respect to one or more remaining positions held by the Client Account.

Transactions with Certain Shareholders. The Company is permitted to enter into transactions with certain shareholders, subject to applicable law. For example, the Advisor may be presented with opportunities to receive financing and/or other services in connection with the Company’s operations and/or the Company’s investments from certain shareholders or their affiliates that are engaged in lending or related business, which subjects the Advisor to conflicts of interest.

The Company’s Use of Investment Consultants and BlackRock’s Relationship with Investment Consultants. Shareholders may work with pension or other institutional investment consultants (collectively, “Investment Consultants”). Investment Consultants provide a wide array of services to pension plans and other institutions, including assisting in the selection and monitoring of investment advisers such as the Advisor. From time to time, Investment Consultants who recommend the Advisor to, and provide oversight of the Advisor for, shareholders may also provide services to or purchase services from the BlackRock Entities. For example, the BlackRock Entities purchase certain index and performance-related databases and human resources-related information from Investment Consultants and their affiliates. The BlackRock Entities also utilize brokerage execution services of Investment Consultants or their affiliates, and BlackRock Entities personnel may attend conferences sponsored by Investment Consultants. Conversely, from time to time, the BlackRock Entities may be hired by Investment Consultants and their affiliates to provide investment management and/or risk management services, creating possible conflicts of interest.

Other Relationships with BlackRock Entities, Clients and Market Participants. The BlackRock Entities have developed, and will in the future develop, relationships with (or may invest in) a significant number of clients and other market participants (e.g., financial institutions, service providers, managers of investment funds, banks, brokers, advisors, joint venturers, consultants, finders (including executive finders), executives, attorneys, accountants, institutional investors, family offices, lenders, current and former employees, and current and former portfolio investment executives, as well as certain family members or close contacts of these persons), including those that may hold or may have held investments similar to the investments intended to be made by the Company, that may themselves represent appropriate investment opportunities for the Company, or that may compete with the Company for investment opportunities. Furthermore, the Advisor generally exercises its discretion to recommend to the Company or to an investment thereof that it contracts for services with such clients and market participants, and/or with other BlackRock Entities. It is difficult to predict the circumstances under which these relationships could become material conflicts for the Company, but it is possible that as a result of such relationships (or agreements with other Client Accounts) the Advisor may refrain from making all or a portion of any investment or a disposition on behalf of the Company, which may materially adversely affect the performance of the Company. Certain of these persons or entities will invest (or will be affiliated with an investor) in, engage in transactions with and/or provide services (including services at reduced rates) to, the BlackRock Entities and/or Client Accounts and/or their affiliates. BlackRock expects to be subject to a potential conflict of interest with the Company in recommending the retention or continuation of a third-party service provider to such Company or a portfolio investment if such recommendation, for example, is motivated by a belief that the service provider or its affiliate(s) will continue to invest in the Company or one or more Client Accounts, will provide the BlackRock Entities information about markets and industries in which the BlackRock Entities operate (or are contemplating operations) or will provide other services that are beneficial to the BlackRock Entities, the Company or one or more Client Accounts. The Advisor expects to be subject to a potential conflict of interest in making such recommendations, in that Advisor has an incentive to maintain goodwill between it and clients and other market participants, while the products or services recommended may not necessarily be the best available or most cost effective to the Company or its investments.

Legal Representation. The Company, as well as the Advisor and/or other BlackRock Entities, have engaged several counsel to represent them. In connection with such representation, counsel has relied upon certain information furnished to them by the Advisor and the BlackRock Entities, and has not investigated or verified the accuracy or completeness of such information. Such counsel’s engagement is limited to the specific matters as to which they are consulted and, therefore, there may exist facts or circumstances that could have a bearing on the Company’s or BlackRock’s financial condition or operations with respect to which counsel has not been consulted and for which they expressly disclaim any responsibility. Counsel has not represented and will not be representing shareholders. No independent counsel has been retained (or is expected to be retained) to represent shareholders. No attorney-client

relationship exists between any counsel and any shareholder solely by such shareholder making an investment in the Company. As a result, shareholders are urged to retain their own counsel.

Resolution of Conflicts. Any conflicts of interest that arise between the Company or particular shareholders, on the one hand, and other Client Accounts or BlackRock Entities or affiliates thereof, on the other hand, will be discussed and resolved on a case-by-case basis by business, legal and compliance officers of the Advisor and its affiliates, as applicable. Any such discussions will take into consideration the interests of the relevant parties and the circumstances giving rise to the conflicts. Shareholders should be aware that conflicts will not necessarily be resolved in favor of the interests of the Company or any affected shareholder. There can be no assurance that any actual or potential conflicts of interest will not result in the Company receiving less favorable investment or other terms with respect to investments, transactions or services than if such conflicts of interest did not exist.

Potential Impact on the Company. It is difficult to predict the circumstances under which one or more of the foregoing conflicts could become material, but it is possible that such relationships could require the Company to refrain from making all or a portion of any investment or a disposition in order for BlackRock to comply with its fiduciary duties, the 1940 Act, the Advisers Act or other applicable law. The Advisor may, under certain circumstances, seek to have conflicts or transactions involving conflicts approved in accordance with the governing agreements of the Company. Copies of Part 2A of the Advisor’s Form ADV, which includes additional detail regarding conflicts of interest that are relevant to BlackRock’s investment management business, are available at www.sec.gov and will be provided to current and prospective shareholders upon request.

The foregoing list of potential and actual conflicts of interest does not purport to be a complete enumeration of the conflicts attendant to an investment in the Company. Additional conflicts may exist that are not presently known to the Advisor, BlackRock or their respective affiliates or are deemed immaterial. Prospective investors should consult with their independent advisors before deciding whether to invest in the Company. In addition, as the investment program of the Company develops and changes over time, an investment in the Company may be subject to additional and different actual and potential conflicts of interest.

          
Incentive Compensation            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our incentive compensation may induce our Advisor to make certain investments, including speculative investments.

The incentive compensation payable by us to the Advisor may create an incentive for the Advisor to make investments on our behalf that are risky or more speculative than would be the case in the absence of such compensation arrangement. The way in which the incentive compensation is determined may encourage the Advisor to increase the use of leverage or take additional risk to increase the return on our investments. Under certain circumstances, the use of leverage may increase the likelihood of default, which would disfavor the holders of our common stock, or of securities convertible into our common stock or warrants representing rights to purchase our common stock or securities convertible into our common stock. A rise in the general level of interest rates can be expected to lead to higher interest rates applicable to certain of our debt investments and may accordingly result in a substantial increase in the amount of incentive compensation payable to the Advisor with respect to our cumulative investment income. Although the incentive compensation is subject to a total return hurdle, the Advisor may have some ability to accelerate the realization of gains to obtain incentive compensation earlier than it otherwise would when it may be in our best interests to not yet realize gains. Our directors monitor our use of leverage and the Advisor’s management of our investment program in the best interests of our common shareholders.

We may invest, to the extent permitted by law, in the securities and instruments of other investment companies, including private funds, and, to the extent we so invest, we will bear our ratable share of any such investment company’s expenses, including management and performance fees. We will also remain obligated to pay management and incentive compensation to the Advisor with respect to the assets invested in the securities and instruments of other investment companies. With respect to each of these investments, each of our common shareholders will bear his or her share of our management and incentive compensation as well as indirectly bear the management and performance fees and other expenses of any investment companies in which we invest.

          
Clawback Arrangements            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may be obligated to pay the Advisor incentive compensation payments in excess of the amounts we would have paid if such compensation was subject to clawback arrangements.

The Advisor is entitled to incentive compensation for each fiscal quarter after January 1, 2013 in an amount equal to a percentage of our ordinary income (before deducting incentive compensation) since that date and, separately, a percentage of our realized capital gains (net of realized capital losses and unrealized depreciation) since that date, in each case subject to a cumulative total return requirement. If we pay incentive compensation and thereafter experience additional realized capital losses or unrealized capital depreciation such that we would no longer have been required to provide incentive compensation, we will not be able to recover any portion of the incentive compensation previously paid or distributed because our incentive compensation arrangements do not contain any clawback provisions. As a result, the incentive compensation could exceed 17.5% of our cumulative total return, depending on the timing of unrealized appreciation, net unrealized depreciation and net realized capital losses. For example, part of the incentive compensation payable or distributable by us that relates to our ordinary income is computed on income that may include interest that has been accrued but not yet received in cash. If a portfolio company defaults on a loan, it is possible that accrued interest previously

used in the calculation of the incentive compensation will become uncollectible. Similarly, the income component is measured against a total return limitation that includes unrealized gains. Such gains may not be realized or may be realized at a lower amount. Consequently, we may have paid incentive compensation on income in circumstances where we otherwise would not have done so and with respect to which we do not have a clawback right against the Advisor.

          
Advisor's Liability Limited Under Investment Management Agreement            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our Advisor’s liability is limited under the investment management agreement, and we are required to indemnify our Advisor against certain liabilities, which may lead our Advisor to act in a riskier manner on our behalf than it would when acting for its own account.

Our Advisor has not assumed any responsibility to us other than to render the services described in the investment management agreement, and it will not be responsible for any action of our Board of Directors in declining to follow our Advisor’s advice or recommendations. Pursuant to the investment management agreement, our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it will not be liable to us for their acts under the investment management agreement, absent willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties. We have agreed to indemnify, defend and protect our Advisor and its members and their respective officers, managers, partners, agents, employees, controlling persons and members and any other person or entity affiliated with it with respect to all damages, liabilities, costs and expenses resulting from acts of our Advisor not arising out of willful misfeasance, bad faith, gross negligence or reckless disregard in the performance of their duties under the investment and management agreement. These protections may lead our Advisor to act in a riskier manner when acting on our behalf than it would when acting for its own account.

          
Senior Management Personnel            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are dependent upon senior management personnel of the Advisor for our future success; if the Advisor is unable to retain qualified personnel or if the Advisor loses any member of its senior management team, our ability to achieve our investment objective could be significantly harmed.

The success of the Company is highly dependent on the financial and managerial expertise of the Advisor. The loss of one or more of the voting members of the Investment Committee could have a material adverse effect on the performance of the Company. Although the Advisor and the voting members of the Investment Committee devote a significant amount of their respective efforts to the Company, they actively manage investments for other clients and are not required to (and will not) devote all of their time to the Company’s affairs. In addition, in connection with the acquisition of the Advisor by BlackRock in August 2018, certain senior members of the Advisor's investment team and other key advisory personnel were granted retention bonuses. As the last of such retention bonuses have been paid, there may be less economic incentive for certain senior investment team members and certain other key personnel to remain with the Advisor than in prior periods. The loss of key members of the Advisor’s investment team, or a material portion of other key advisory personnel, could have a material adverse effect on the performance of the Company if the Advisor were unable to replace such persons in a timely manner.

          
Right to Resign            
General Description of Registrant [Abstract]            
Risk [Text Block]

The Advisor can resign on 60 days’ notice, and we may not be able to find a suitable replacement within that time, resulting in a disruption in our operations that could adversely affect our financial condition, business and results of operations.

The Advisor has the right, under our investment management agreement, to resign at any time upon not more than 60 days’ written notice, whether we have found a replacement or not. If the Advisor resigns, we may not be able to find a new investment advisor or hire internal management with similar expertise and ability to provide the same or equivalent services on acceptable terms within 60 days, or at all. If we are unable to do so quickly, our operations are likely to experience a disruption, our financial condition, business and results of operations as well as our ability to pay distributions are likely to be adversely affected and the market price of our common stock may decline. In addition, the coordination of our internal management and investment activities is likely to suffer if we are unable to identify and reach an agreement with a single institution or group of executives having the expertise possessed by the Advisor and its affiliates. Even if we are able to retain comparable management, whether internal or external, the integration of such management and their lack of familiarity with our investment objective may result in additional costs and time delays that may adversely affect our financial condition, business and results of operations.

          
Investments By Issuing Preferred Stock            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may in the future determine to fund a portion of our investments by issuing preferred stock, which would magnify the potential gains or losses and the risks of investing in us in the same manner as our borrowings.

Preferred stock, which is another form of leverage, has the same risks to our common shareholders as borrowings because the dividends on any preferred stock we issue must be cumulative. Payment of such dividends and repayment of the liquidation preference of such preferred stock must take preference over any dividends or other payments to our common shareholders and preferred shareholders are not subject to any of our expenses or losses, and are not entitled to participate in any income or appreciation in excess of their stated preference.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

          
Fluctuations in Quarterly and Annual Results            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may experience fluctuations in our periodic operating results.

We could experience fluctuations in our periodic operating results due to a number of factors, including the interest rates payable on the debt securities we acquire, the default rate on such securities, the level of our expenses (including the interest rates payable on our borrowings), the dividend rates payable on preferred stock we issue, variations in and the timing of the recognition of realized and unrealized gains or losses, the degree to which we encounter competition in our markets and general economic conditions. As a result of these factors, results for any period should not be relied upon as being indicative of performance in future periods.

          
Maintain BDC Status            
General Description of Registrant [Abstract]            
Risk [Text Block]

If we fail to maintain our status as a BDC, our business and operating flexibility could be significantly reduced.

We qualify as a BDC under the 1940 Act. The 1940 Act imposes numerous constraints on the operations of business development companies. For example, BDCs are prohibited from making any unqualifying investments unless at least 70% of their total assets are invested in qualifying investments which are primarily securities of private or thinly-traded U.S. companies, cash, cash equivalents, U.S. government securities and other high quality debt investments that mature in one year or less. Failure to comply with the requirements imposed on business development companies by the 1940 Act could cause the SEC to bring an enforcement action against us and/or expose us to claims of private litigants. In addition, any such failure could cause an event of default under the Leverage Program, which could have a materially adverse effect on our business, financial conditions or results of operations.

          
Distribute Substantial Income to Stockholders            
General Description of Registrant [Abstract]            
Risk [Text Block]

Because we intend to distribute substantially all of our income to our shareholders to maintain our status as a RIC, under the Code we will continue to need additional capital to finance growth. If additional funds are unavailable or not available on favorable terms, our ability to grow will be impaired.

We have elected to be treated for federal income tax purposes as a RIC under Subchapter M of the Code. If we can meet certain requirements, including source of income, asset diversification and distribution requirements, and if we continue to qualify as a BDC, we will continue to qualify to be a RIC under the Code and will not have to pay corporate-level taxes on income we distribute to our shareholders, allowing us to substantially reduce or eliminate our corporate-level tax liability. As a result, we intend to distribute to our shareholders substantially all of our annual taxable income, except that we may retain certain net capital gains for reinvestment in common interests of SVCP, and treat such amounts as deemed distributions to our shareholders. If we elect to treat any amounts as deemed distributions, we must pay income taxes at the corporate rate on such deemed distributions on behalf of our shareholders and our shareholders will receive a tax credit for such amounts and an increase in basis. A shareholder that is not subject to U.S. federal income tax or otherwise is not required to file a U.S. federal income tax return would be required to file a U.S. federal income tax return on the appropriate form in order to claim a refund for the taxes we paid. As a result of these requirements, we will likely need to raise capital from other sources to grow our business. Unfavorable economic or capital market conditions may increase our funding costs, limit our access to the capital markets or could result in a decision by lenders not to extend credit to us. An inability to successfully access the capital markets could limit our ability to grow our business and fully execute our business strategy and could decrease our earnings, if any.

As a BDC, we are not able to incur senior securities unless after giving effect thereto we meet a coverage ratio of total assets, less liabilities and indebtedness not represented by senior securities, to total senior securities, which includes all of our borrowings, of at least 150%. This means that for every $100 of net assets, we may raise $200 from senior securities, such as borrowings or issuing preferred stock. These requirements limit the amount that we may borrow. On July 13, 2015, we obtained exemptive relief from the SEC to permit us to exclude the debt of TCPC SBIC LP guaranteed by the SBA from our 150% asset coverage test under the 1940 Act. The exemptive relief provides us with increased flexibility under the 150% asset coverage test by permitting the SBIC to borrow up to $141.5 million more than it would otherwise be able to absent the receipt of this exemptive relief.

Because we will continue to need capital to grow our investment portfolio, these limitations may prevent us from incurring debt and require us to raise additional equity at a time when it may be disadvantageous to do so. While we expect we will be able to borrow and to issue additional debt securities and expect that we will be able to issue additional equity securities, we cannot assure you that debt and equity financing will be available to us on favorable terms, or at all. In addition, as a BDC, we generally will not be permitted to issue equity securities priced below net asset value without shareholder approval. If additional funds are not available to us, we could be forced to curtail or cease new investment activities and our net asset value or common stock price could decline.

          
Highly Competitive Market            
General Description of Registrant [Abstract]            
Risk [Text Block]

The highly competitive market in which we operate may limit our investment opportunities.

A number of entities compete with us to make the types of investments that we make. We compete with other BDCs, public and private funds, commercial and investment banks, commercial financing companies, and, to the extent they provide an alternative form of financing, private equity funds. Additionally, because competition for investment opportunities generally has increased among alternative investment vehicles, such as hedge funds, those entities now invest in areas in which they have not traditionally invested, including making investments in middle-market private companies. As a result of these new entrants, competition for investment opportunities intensified over the past several years and may intensify further in the future. Some of our existing and potential competitors are substantially larger and have considerably greater financial, technical and marketing resources than we do. For example, some competitors may have a lower cost of funds and access to funding sources that are not available to us. In addition, some of our competitors may have higher risk tolerances or different risk assessments, which could allow them to consider a wider variety of investments and establish more relationships than us. Furthermore, many of our competitors are not subject to the regulatory restrictions and valuation requirements that the 1940 Act imposes on us as a BDC and that the Code imposes on us as a RIC. We cannot assure you that the competitive pressures we face will not have a material adverse effect on our business, financial condition and results of operations. Also, as a result of this existing and potentially increasing competition, we may not be able to take advantage of attractive investment opportunities from time to time, and we can offer no assurance that we will be able to identify and make investments that are consistent with our investment objective.

We do not seek to compete primarily based on the interest rates we offer, and we believe that some of our competitors make loans with interest rates that are comparable to or lower than the rates we offer.

We may lose investment opportunities if we do not match our competitors’ pricing, terms and structure. If we match our competitors’ pricing, terms and structure, we may experience decreased net interest income and increased risk of credit loss. As a result of operating in such a competitive environment, we may make investments that are on better terms to our portfolio companies than what we may have originally anticipated, which may impact our return on these investments.

          
Members of Board of Directors            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our Board of Directors may change our investment objective, operating policies and strategies without prior notice or shareholder approval, the effect of which may be adverse.

Our Board of Directors has the authority to modify or waive certain of our investment objective, operating policies and strategies without prior notice and without shareholder approval (except as required by the 1940 Act). However, absent shareholder approval, we may not change the nature of our business so as to cease to be, or withdraw our election as, a BDC. We cannot predict the effect any changes to our current operating policies and strategies would have on our business, operating results or value of our common stock. Nevertheless, the effects could adversely affect our business and impact our ability to make distributions to our shareholders.

          
HPS LLC            
General Description of Registrant [Abstract]            
Risk [Text Block]

BlackRock Acquisition of HPS.

On December 3, 2024, BlackRock entered into an agreement with HPS LLC for BlackRock to acquire 100% of the business and assets of HPS LLC (the “BlackRock/HPS Transaction”). The BlackRock/HPS Transaction remains subject to a number of conditions, including the receipt of certain HPS LLC investor consents, regulatory approvals and satisfaction of other customary closing conditions. There can be no assurances that the BlackRock/HPS Transaction will take place. However, the operation of BlackRock and the Advisor may nonetheless be adversely affected as a result of efforts expended pursuing the completion of the BlackRock/HPS Transaction.

If the BlackRock/HPS Transaction occurs, HPS LLC will be owned by BlackRock. There is no guarantee that BlackRock will be able to successfully maintain and continue to build its business after the BlackRock/HPS Transaction or that BlackRock or the Advisor will be able to successfully optimize their business operations following the completion of the BlackRock/HPS Transaction. In particular, as with any business combination, BlackRock and the Advisor will be subject to substantial risks, including with respect to the long-term retention of key employees, the successful consolidation of corporate, technological and administrative infrastructures and the retention of existing business and operational relationships. It is possible that employees currently involved in the operation of the Advisor may not continue with the Advisor after the BlackRock/HPS Transaction and the operations and business relationships of BlackRock and the Advisor may be disrupted following the BlackRock/HPS Transaction. The integration of HPS LLC into BlackRock will be a complex, costly and time-consuming process and if BlackRock experiences difficulties in this process, the anticipated benefits may not be realized fully or at all, or may take longer to realize than expected, which could have an adverse effect on BlackRock and the Advisor for an undetermined period. There can be no assurances that BlackRock or the Advisor will realize the potential operating efficiencies, synergies and other benefits currently anticipated from the BlackRock/HPS Transaction, and a failure to obtain such synergies may adversely affect the operations of BlackRock or the Advisor. Some of the challenges presented by the integration of the businesses are outside of BlackRock’s control, and any of them could result in delays, increased costs, decreases in the amount of potential synergies and diversion of management’s time and energy, which could materially affect BlackRock or the Advisor. In the

event that the BlackRock/HPS Transaction has an adverse impact on the Advisor, including for the foregoing reasons, our operations and investment results may be adversely affected.

          
Investments are Risky and Highly Speculative            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our investments are risky and highly speculative, and we could lose all or part of our investment.

We invest primarily in middle-market companies primarily through leveraged loans.

Risks Associated with Middle-market Companies. Investing in private middle-market companies involves a number of significant risks, including:

•
these companies may have limited financial resources and may be unable to meet their obligations under their debt securities that we hold, which may be accompanied by a deterioration in the value of any collateral;
•
they typically have shorter operating histories, narrower product lines and smaller market shares than larger businesses, which tend to render them more vulnerable to competitors’ actions and market conditions, as well as general economic downturns;
•
they are more likely to depend on the management talents and efforts of a small group of persons; therefore, the death, disability, resignation or termination of one or more of these persons could have a material adverse impact on the portfolio company and, in turn, on us;
•
they generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position;
•
our executive officers, directors and the Advisor may, in the ordinary course of business, be named as defendants in litigation arising from our investments in the portfolio companies;
•
changes in laws and regulations, as well as their interpretations, may adversely affect their respective businesses, financial structures or prospects; and
•
they may have difficulty accessing the capital markets to meet future capital needs.

Limited public information exists about private middle-market companies, and we expect to rely on the Advisor’s investment professionals to obtain adequate information to evaluate the potential returns from investing in these companies. These companies and their financial information are not subject to the Sarbanes-Oxley Act of 2002 and other rules that govern disclosures and financial controls of public companies. If we are unable to uncover all material information about these companies, we may not make a fully informed investment decision, and we may lose money on our investment.

Lower Credit Quality Obligations. Most of our debt investments are likely to be in lower grade obligations. The lower grade investments in which we invest may be rated below investment grade by one or more nationally-recognized statistical rating agencies at the time of investment or may be unrated but determined by the Advisor to be of comparable quality. Debt securities rated below investment grade are commonly referred to as “junk bonds” and are considered speculative with respect to the issuer’s capacity to pay interest and repay principal. The debt that we invest in typically is not rated prior to our investment by any rating agency, but we believe that if such investments were rated, they would be below investment grade (rated lower than “Baa3” by Moody’s Investors Service, lower than “BBB-” by Fitch Ratings or lower than “BBB-” by Standard & Poor’s). We may invest without limit in debt of any rating, as well as debt that has not been rated by any nationally recognized statistical rating organization.

Investment in lower grade investments involves a substantial risk of loss. Lower grade securities or comparable unrated securities are considered predominantly speculative with respect to the issuer’s ability to pay interest and principal and are susceptible to default or decline in market value due to adverse economic and business developments. The market values for lower grade debt tend to be very volatile and are less liquid than investment grade securities. For these reasons, your investment in our company is subject to the following specific risks:

•
increased price sensitivity to a deteriorating economic environment;
•
greater risk of loss due to default or declining credit quality;
•
adverse company specific events are more likely to render the issuer unable to make interest and/or principal payments; and
•
if a negative perception of the lower grade debt market develops, the price and liquidity of lower grade securities may be depressed. This negative perception could last for a significant period of time.

Adverse changes in economic conditions are more likely to lead to a weakened capacity of a lower grade issuer to make principal payments and interest payments than an investment grade issuer. The principal amount of lower grade securities outstanding has proliferated in the past decade as an increasing number of issuers have used lower grade securities for corporate financing. An economic downturn could severely affect the ability of highly leveraged issuers to service their debt obligations or to repay their obligations upon maturity. Similarly, downturns in profitability in specific industries could adversely affect the ability of lower grade issuers in that industry to meet their obligations. The market values of lower grade debt tend to reflect individual developments of the issuer to a greater extent than do higher quality investments, which react primarily to fluctuations in the general level of interest rates. Factors having an adverse impact on the market value of lower grade debt may have an adverse effect on our net asset value and the market value of our common stock. In addition, we may incur additional expenses to the extent we are required to seek recovery upon a default in payment of principal of or interest on our portfolio holdings. In certain circumstances, we may be required to foreclose on an issuer’s assets and take possession of its property or operations. In such circumstances, we would incur additional costs in disposing of such assets and potential liabilities from operating any business acquired.

The secondary market for lower grade debt is unlikely to be as liquid as the secondary market for more highly rated debt, a factor which may have an adverse effect on our ability to dispose of a particular instrument. There are fewer dealers in the market for lower grade securities than investment grade obligations. The prices quoted by different dealers may vary significantly and the spread between the bid and asked price is generally larger than for higher quality instruments. Under adverse market or economic conditions, the secondary market for lower grade debt could contract further, independent of any specific adverse changes in the condition of a particular issuer, and these instruments may become highly illiquid. As a result, we could find it more difficult to sell these instruments or may be able to sell the securities only at prices lower than if such instruments were widely traded. Prices realized upon the sale of such lower rated or unrated securities, under these circumstances, may be less than the prices used in calculating our net asset value.

Since investors generally perceive that there are greater risks associated with lower grade debt of the type in which we may invest a portion of our assets, the yields and prices of such debt may tend to fluctuate more than those for higher rated instruments. In the lower quality segments of the fixed income markets, changes in perceptions of issuers’ creditworthiness tend to occur more frequently and in a more pronounced manner than do changes in higher quality segments of the income securities market, resulting in greater yield and price volatility.

Distressed Debt Securities Risk. At times, distressed debt obligations may not produce income and may require us to bear certain extraordinary expenses (including legal, accounting, valuation and transaction expenses) in order to protect and recover our investment. Therefore, to the extent we invest in distressed debt, our ability to achieve current income for our shareholders may be diminished. We also will be subject to significant uncertainty as to when and in what manner and for what value the distressed debt we invest in will eventually be satisfied (e.g., through a liquidation of the obligor’s assets, an exchange offer or plan of reorganization involving the distressed debt securities or a payment of some amount in satisfaction of the obligation). In addition, even if an exchange offer is made or plan of reorganization is adopted with respect to distressed debt we hold, there can be no assurance that the securities or other assets received by us in connection with such exchange offer or plan of reorganization will not have a lower value or income potential than may have been anticipated when the investment was made. Moreover, any securities received by us upon completion of an exchange offer or plan of reorganization may be restricted as to resale. As a result of our participation in negotiations with respect to any exchange offer or plan of reorganization with respect to an issuer of distressed debt, we may be restricted from disposing of such securities.

Payment-in-kind Interest Risk. Our loans may contain a payment-in-kind, or PIK, interest provision. PIK investments carry additional risk as holders of these types of securities receive no cash until the cash payment date unless a portion of such securities is sold. If the issuer defaults the Company may obtain no return on its investment. The PIK interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income. To avoid the imposition of corporate-level tax on us, this non-cash source of income needs to be paid out to shareholders in cash distributions or, in the event that we determine to do so and in certain cases, in shares of our common stock, even though we have not yet collected and may never collect the cash relating to the PIK interest. As a result, we may have to distribute a taxable stock dividend to account for PIK interest even though we have not yet collected the cash.

Preferred Stock Risk. To the extent we invest in preferred securities, there are special risks, including:

Deferral. Preferred securities may include provisions that permit the issuer, at its discretion, to defer distributions for a stated period without any adverse consequences to the issuer. If we own a preferred security that is deferring its distributions, we may be required to report income for tax purposes although we have not yet received such income.

Subordination. Preferred securities are subordinated to bonds and other debt instruments in a company’s capital structure in terms of priority to corporate income and liquidation payments, and therefore will be subject to greater credit risk than more senior debt instruments.

Liquidity. Preferred securities may be substantially less liquid than many other securities, such as common stocks or U.S. Government securities.

Limited Voting Rights. Generally, preferred security holders have no voting rights with respect to the issuing company unless preferred dividends have been in arrears for a specified number of periods, at which time the preferred security holders may elect a number of directors to the issuer’s board. Generally, once all the arrearages have been paid, the preferred security holders no longer have voting rights.

Equity Security Risk. We may have exposure to equity securities. Although equity securities have historically generated higher average total returns than fixed-income securities over the long term, equity securities also have experienced significantly more volatility in those returns. The equity securities that we acquire may fail to appreciate and may decline in value or become worthless.

          
Change in Market Value of Debt Securities            
General Description of Registrant [Abstract]            
Risk [Text Block]

A trading market or market value of our debt securities may fluctuate.

In the event we issue debt securities, they may or may not have an established trading market. We cannot assure you that a trading market for debt securities will ever develop or be maintained if developed. In addition to our creditworthiness, many factors may materially adversely affect the trading market for, and market value of, debt securities we may issue. These factors include, but are not limited to, the following:

•
the time remaining to the maturity of these debt securities;
•
the outstanding principal amount of debt securities with terms identical to these debt securities;
•
the ratings assigned by national statistical ratings agencies;
•
the general economic environment;
•
the supply of debt securities trading in the secondary market, if any;
•
the redemption or repayment features, if any, of these debt securities;
•
the level, direction and volatility of market interest rates generally; and
•
market rates of interest higher or lower than rates borne by the debt securities.

You should also be aware that there may be a limited number of buyers if and when you decide to sell your debt securities. This too may materially adversely affect the market value of the debt securities or the trading market for the debt securities.

          
Hedging Transactions            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may expose ourselves to risks if we engage in hedging transactions.

We may enter into hedging transactions, which could expose us to risks associated with such transactions. We may utilize instruments such as forward contracts and interest rate swaps, caps, collars and floors to seek to hedge against fluctuations in the relative values of our portfolio positions and amounts due under our debt arrangements from changes in market interest rates. Use of these hedging instruments may include counterparty credit risk. Utilizing such hedging instruments does not eliminate the possibility of fluctuations in the values of such positions and amounts due under our debt arrangements or prevent losses if the values of such positions decline. However, such hedging can establish other positions designed to gain from those same developments, thereby offsetting the decline in the value of such portfolio positions. Such hedging transactions may also limit the opportunity for gain if the values of the underlying portfolio positions should increase. Moreover, it may not be possible to hedge against an interest rate fluctuation that is so generally anticipated that we are not able to enter into a hedging transaction at an acceptable price. The Dodd-Frank Act has made broad changes to the OTC derivatives market, granted significant new authority to the CFTC and the SEC to regulate OTC derivatives (swaps and security-based swaps) and participants in these markets. The Dodd-Frank Act is intended to regulate the OTC derivatives market by requiring many derivative transactions to be cleared and traded on an exchange, expanding entity registration requirements, imposing business conduct requirements on dealers and requiring banks to move some derivatives trading units to a non-guaranteed affiliate separate from the deposit-taking bank or divest them altogether. The CFTC has implemented mandatory clearing and exchange-trading of certain OTC derivatives contracts including many standardized interest rate swaps and credit default index swaps. The CFTC continues to approve contracts for central clearing. Exchange-trading and central clearing are expected to reduce counterparty credit risk by substituting the clearinghouse as the counterparty to a swap and increase liquidity, but exchange-trading and central clearing do not make swap transactions risk-free. Uncleared swaps, such as non-deliverable foreign currency forwards, are subject to certain margin requirements that mandate the posting and collection of minimum margin amounts. This requirement may result in the portfolio and its counterparties posting higher margin amounts for uncleared swaps than would otherwise be the case. Certain rules require centralized reporting of detailed information about many types of cleared and uncleared swaps. Reporting of swap data may result in greater market transparency, but may subject a portfolio to additional administrative burdens, and the safeguards established to protect trader anonymity

may not function as expected. Future CFTC or SEC rulemakings to implement the Dodd-Frank Act requirements could potentially limit or completely restrict our ability to use these instruments as a part of our investment strategy, increase the costs of using these instruments or make them less effective. Limits or restrictions applicable to the counterparties with which we engage in derivative transactions could also prevent us from using these instruments or affect the pricing or other factors relating to these instruments, or may change availability of certain investments. Rule 18f-4 under the 1940 Act requires the Company to implement and comply with limits on the amount of derivatives the Company can enter into and treat derivatives as senior securities so that a failure to comply with the limits would result in a statutory violation and require the Company, if the Company’s use of derivatives is more than a limited specified exposure amount (10% of net assets), to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager.

The success of our hedging transactions will depend on our ability to correctly predict movements and interest rates. Therefore, while we may enter into such transactions to seek to reduce interest rate risks, unanticipated changes in interest rates may result in poorer overall investment performance than if we had not engaged in any such hedging transactions. In addition, the degree of correlation between price movements of the instruments used in a hedging strategy and price movements in the portfolio positions being hedged may vary. Moreover, for a variety of reasons, we may not seek to establish a perfect correlation between such hedging instruments and the portfolio holdings or debt arrangements being hedged. Any such imperfect correlation may prevent us from achieving the intended hedge and expose us to risk of loss.

          
Credit Risk Related to Investments in Portfolio Companies            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are subject to credit risk related to investments in our portfolio companies and with our financial institutions and counterparties.

The Company has investments in lower rated and comparable quality unrated senior and junior secured, unsecured and subordinated debt securities and loans, which are subject to a greater degree of credit risk than more highly rated investments. The risk of loss due to default by the issuer is significantly greater for holders of such securities and loans, particularly in cases where the investment is unsecured or subordinated to other creditors of the issuer.

The Company may be exposed to counterparty credit risk, or the risk that an entity with which the Company has unsettled or open transactions may fail to or be unable to perform on its commitments. The Company manages counterparty risk by entering into transactions only with counterparties that they believe have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Company to market, issuer and counterparty credit risks, consist principally of investments in portfolio companies. The extent of the Company’s exposure to market, issuer and counterparty credit risks with respect to these financial assets is generally approximated by their fair value recorded in the Consolidated Statements of Assets and Liabilities. The Company is also exposed to credit risk related to maintaining all of its cash at a major financial institution.

          
Investments Adversely Affect Determination of Net Asset Value            
General Description of Registrant [Abstract]            
Risk [Text Block]

Because our investments are generally not in publicly traded securities, there will be uncertainty regarding the value of our investments, which could adversely affect the determination of our net asset value.

Our portfolio investments will generally not be in publicly traded securities. As a result, although we expect that some of our equity investments may trade on private secondary marketplaces, the fair value of our direct investments in portfolio companies will often not be readily determinable. Under the 1940 Act, investments for which there are no readily available market quotations, including securities that while listed on a private securities exchange have not actively traded, will be valued at fair value as determined using a consistently applied valuation process in accordance with our documented valuation policy that has been reviewed and approved by our Board of Directors. The Valuation Designee determines the value of our investments in accordance with such valuation policy. In connection with such determination, the Valuation Designee utilizes the services of an independent valuation firm, which prepares valuation reports on a quarterly basis for most of our portfolio investments that are not publicly traded or for which we do not have readily available market quotations, including securities that while listed on a private securities exchange, have not actively traded. However, the Valuation Designee retains ultimate authority as to the appropriate valuation of each such investment. The types of factors that the Valuation Designee takes into account in approving fair value with respect to such non-traded investments includes, as relevant and, to the extent available, the portfolio company’s earnings, the markets in which the portfolio company does business, comparison to valuations of publicly traded companies, comparisons to recent sales of comparable companies, the discounted value of the cash flows of the portfolio company and other relevant factors. This information may not be available because it is difficult to obtain financial and other information with respect to private companies, and even where we are able to obtain such information, there can be no assurance that it is complete or accurate. Because such valuations are inherently uncertain and may be based on estimates, our determinations of fair value may differ materially from the values that would be assessed if a readily available market for these securities existed. Due to this uncertainty, our fair value determinations with respect to any non-traded investments we hold may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize on one or more of our investments. As a result, investors purchasing our securities based on an overstated net asset value may pay a higher market price than the value of our investments might warrant. Conversely, investors selling securities based on a net asset value that understates the value of our investments may receive a lower market price for their securities than the value of our investments might warrant.

          
Investments In Portfolio Companies            
General Description of Registrant [Abstract]            
Risk [Text Block]

We and the Advisor may be a party to legal proceedings in connection with our investments in our portfolio companies.

From time to time, we and the Advisor may be a party to certain legal proceedings incidental to the normal course of our business, including the enforcement of our rights under contracts with our portfolio companies. While we cannot predict the outcome of these legal proceedings with certainty, we do not expect that these proceedings will have a material effect on our consolidated financial statements.

          
Controlling Equity Positions in Portfolio Companies            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may not be in a position to exercise control over our portfolio companies or to prevent decisions by management of our portfolio companies that could decrease the value of our investments.

We do not generally intend to take controlling equity positions in our portfolio companies. To the extent that we do not hold a controlling equity interest in a portfolio company, we are subject to the risk that such portfolio company may make business decisions with which we disagree, and the shareholders and management of such portfolio company may take risks or otherwise act in ways that are adverse to our interests. Due to the lack of liquidity for the debt and equity investments that we typically hold in our portfolio companies, we may not be able to dispose of our investments in the event we disagree with the actions of a portfolio company, and may therefore suffer a decrease in the value of our investments.

In addition, we may not be in a position to control any portfolio company by investing in its debt securities. As a result, we are subject to the risk that a portfolio company in which we invest may make business decisions with which we disagree and the management of such company, as representatives of the holders of their common equity, may take risks or otherwise act in ways that do not serve our interests as debt investors.

          
Portfolio Companies Incur Debt            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our portfolio companies may incur debt that ranks equally in right of payment with, or senior to, our investments in such companies.

The portfolio companies we invest in usually have, or may be permitted to incur, other debt that ranks equally in right of payment with, or senior to, the debt securities in which we invest. By their terms, such debt instruments may provide that the holders are entitled to receive payment of interest or principal on or before the dates on which we are entitled to receive payments in respect of the debt securities in which we invest. Also, in the event of insolvency, liquidation, dissolution, reorganization or bankruptcy of a portfolio company, holders of debt instruments ranking senior to our investment in that portfolio company would typically be entitled to receive payment in full before we receive any distribution in respect of our investment. After repaying such senior creditors, such portfolio company may not have any remaining assets to use for repaying its obligation to us. In the case of debt ranking equally in right of payment with debt securities in which we invest, we would have to share any distributions on an equal and ratable basis with other creditors holding such debt in the event of an insolvency, liquidation, dissolution, reorganization or bankruptcy of the relevant portfolio company.

Additionally, certain loans that we make to portfolio companies may be secured on a second priority basis by the same collateral securing senior secured debt of such companies. The first priority liens on the collateral will secure the portfolio company’s obligations under any outstanding senior debt and may secure certain other future debt that may be permitted to be incurred by the portfolio company under the agreements governing the loans. The holders of obligations secured by the first priority liens on the collateral will generally control the liquidation of and be entitled to receive proceeds from any realization of the collateral to repay their obligations in full before us. In addition, the value of the collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from the sale or sales of all of the collateral would be sufficient to satisfy the loan obligations secured by the second priority liens after payment in full of all obligations secured by the first priority liens on the collateral. If such proceeds are not sufficient to repay amounts outstanding under the loan obligations secured by the second priority liens, then we, to the extent not repaid from the proceeds of the sale of the collateral, will only have an unsecured claim against the portfolio company’s remaining assets, if any.

The rights we may have with respect to the collateral securing the loans we make to our portfolio companies with senior debt outstanding may also be limited pursuant to the terms of one or more intercreditor agreements, including agreements governing “first out” and “last out” structures, that we enter into with the holders of senior debt. Under such an intercreditor agreement, at any time that obligations that have the benefit of the first priority liens are outstanding, any of the following actions that may be taken in respect of the collateral will be in good faith under the direction of the holders of the obligations secured by the first priority liens: the ability to cause the commencement of enforcement proceedings against the collateral; the ability to control the conduct of such proceedings; the approval of amendments to collateral documents; releases of liens on the collateral; and waivers of past defaults under collateral documents. We may not have the ability to control or direct such actions, even if our rights are adversely affected.

When we are a debt or minority equity investor in a portfolio company, we are often not in a position to exert influence on the entity, and other equity holders and management of the company may make decisions that could decrease the value of our portfolio holdings.

When we make debt or minority equity investments, we are subject to the risk that a portfolio company may make business decisions with which we disagree and the other equity holders and management of such company may take risks or otherwise act in ways that do not serve our interests. As a result, a portfolio company may make decisions that could decrease the value of our investment.

We may also make unsecured loans to portfolio companies, meaning that such loans will not benefit from any interest in collateral of such companies. Liens on such portfolio companies’ collateral, if any, will secure the portfolio company’s obligations under its outstanding secured debt and may secure certain future debt that is permitted to be incurred by the portfolio company under its secured loan agreements. The holders of obligations secured by such liens will generally control the liquidation of, and be entitled to receive proceeds from, any realization of such collateral to repay their obligations in full before us. In addition, the value of such collateral in the event of liquidation will depend on market and economic conditions, the availability of buyers and other factors. There can be no assurance that the proceeds, if any, from sales of such collateral would be sufficient to satisfy our unsecured loan obligations after payment in full of all secured loan obligations. If such proceeds were not sufficient to repay the outstanding secured loan obligations, then our unsecured claims would rank equally in right of payment with the unpaid portion of such secured creditors’ claims against the portfolio company’s remaining assets, if any.

          
Subordinated Debt Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

There may be circumstances in which our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.

If one of our portfolio companies were to go bankrupt, even though we may have structured our interest as senior debt, depending on the facts and circumstances, a bankruptcy court might recharacterize our debt holding as an equity investment and subordinate all or a portion of our claim to that of other creditors. In addition, lenders can be subject to lender liability claims for actions taken by them where they become too involved in the borrower’s business or exercise control over the borrower. For example, we could become subject to a lender’s liability claim, if, among other things, we actually render significant managerial assistance. Additionally, these companies may not be able to get a full tax deduction for such borrowings.

         
Investments in Leveraged Portfolio Companies            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our portfolio companies may be highly leveraged.

Some of our portfolio companies may be highly leveraged, which may have adverse consequences to these companies and to us as an investor. These companies may be subject to restrictive financial and operating covenants and the leverage may impair these companies’ ability to finance their future operations and capital needs. As a result, these companies’ flexibility to respond to changing business and economic conditions and to take advantage of business opportunities may be limited. Further, a leveraged company’s income and net assets will tend to increase or decrease at a greater rate than if borrowed money were not used.

         
Prepayment Reduce Stated Yields            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our portfolio companies may prepay loans, which prepayment may reduce stated yields in the future if capital returned cannot be invested in transactions with equal or greater expected yields.

Certain of the loans we make are prepayable at any time, some of them at no premium to par. We cannot predict when such loans may be prepaid. Whether a loan is prepaid will depend both on the continued positive performance of the portfolio company and the existence of favorable financing market conditions that permit such company to replace existing financing with less expensive capital. As market conditions change frequently, it is unknown when, and if, this may be possible for each portfolio company. In the case of some of these loans, having the loan prepaid early may reduce the achievable yield for the Company in the future below the current yield disclosed for our portfolio if the capital returned cannot be invested in transactions with equal or greater expected yields.

         
Investment Concentration Risk            
General Description of Registrant [Abstract]            
Risk [Text Block]

Concentration of our assets in an issuer, industry or sector may present more risks than if we were more broadly diversified over numerous issuers, industries and sectors of the economy.

We are classified as a non-diversified investment company within the meaning of the 1940 Act, which means that we are not limited by the 1940 Act with respect to the proportion of our assets that we may invest in securities of a single issuer. To the extent that we assume large positions in the securities of a small number of issuers, our net asset value may fluctuate to a greater extent than that of a diversified investment company as a result of changes in the financial condition or the market’s assessment of the issuer. We may also be more susceptible to any single economic or regulatory occurrence than a diversified investment company.

In addition, we may, from time to time, invest a substantial portion of our assets in the securities of issuers in any single industry or sector of the economy or in only a few issuers. We cannot predict the industries or sectors in which our investment strategy may cause us to concentrate and cannot predict the level of our diversification among issuers to ensure that we satisfy diversification requirements for qualification as a RIC for U.S. federal income tax purposes. A downturn in an industry or sector in which we are concentrated would have a larger impact on us than on a company that does not concentrate in that particular industry or sector. Furthermore, the Advisor has not made and does not intend to make any determination as to the allocation of assets among different classes of securities. At any

point in time we may be highly concentrated in a single type of asset, such as junior unsecured loans or distressed debt. Consequently, events which affect a particular asset class disproportionately could have an equally disproportionate effect on us.

          
Failure to Make Follow on Investments            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our failure to make follow-on investments in our portfolio companies could impair the value of our portfolio.

Following an initial investment in a portfolio company, we may make additional investments in that portfolio company as “follow-on” investments in order to: (1) increase or maintain in whole or in part our equity ownership percentage; (2) exercise warrants, options or convertible securities that were acquired in the original or subsequent financing; or (3) attempt to preserve or enhance the value of our initial investment.

We may elect not to make follow-on investments or otherwise lack sufficient funds to make those investments. Our failure to make follow-on investments may, in some circumstances, jeopardize the continued viability of a portfolio company and our initial investment, or may result in a missed opportunity for us to increase our participation in a successful operation. Even if we have sufficient capital to make a desired follow-on investment, we may elect not to make such follow-on investment because we may not want to increase our concentration of risk, because we prefer other opportunities, because we are inhibited by compliance with BDC requirements or because we desire to maintain our tax status.

          
Investments in Foreign Securities            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our investments in non-U.S. portfolio companies and securities may involve significant risks in addition to the risks inherent in U.S. investments.

Our investment strategy contemplates that a portion of our investments may be in securities of foreign companies in order to provide diversification or to complement our U.S. investments, although we are required generally to invest at least 70% of our assets in companies organized and having their principal place of business within the U.S. and its possessions. Accordingly, we may invest on an opportunistic basis in certain non-U.S. companies, including those located in emerging markets, that otherwise meet our investment criteria. In regards to the regulatory requirements for business development companies, some of these investments may not qualify as investments in “eligible portfolio companies,” and thus may not be considered “qualifying assets.” “Eligible portfolio companies” generally include U.S. companies that are not investment companies and that do not have securities listed on a national exchange or, if they have listed securities, they have a market capitalization of less than $250 million. If at any time less than 70% of our gross assets are comprised of qualifying assets, including as a result of an increase in the value of any non-qualifying assets or decrease in the value of any qualifying assets, we would generally not be permitted to acquire any additional non-qualifying assets until such time as 70% of our then current gross assets were comprised of qualifying assets. We would not be required, however, to dispose of any non-qualifying assets in such circumstances. In addition, investing in foreign companies, and particularly those in emerging markets, may expose us to

additional risks not typically associated with investing in U.S. companies. These risks include changes in exchange control regulations, political and social instability, expropriation, imposition of foreign taxes, less liquid markets and less available information than is generally the case in the United States, higher transaction costs, less government supervision of exchanges, brokers and issuers, less developed bankruptcy laws, difficulty in enforcing contractual obligations, lack of uniform accounting and auditing standards and greater price volatility. These risks may be more pronounced for portfolio companies located or operating primarily in emerging markets, whose economies, markets and legal systems may be less developed. Further, we may have difficulty enforcing our rights as equity holders in foreign jurisdictions. In addition, to the extent we invest in non-U.S. companies, we may face greater exposure to foreign economic developments.

Although it is anticipated that most of our investments will be denominated in U.S. dollars, our investments that are denominated in a foreign currency will be subject to the risk that the value of a particular currency may change in relation to the U.S. dollar. Among the factors that may affect currency values are trade balances, the level of short-term interest rates, differences in relative values of similar assets in different currencies, long-term opportunities for investment and capital appreciation and political developments. We may employ hedging techniques to minimize these risks, but we can offer no assurance that we will, in fact, hedge currency risk or, that if we do, such strategies will be effective. As a result, a change in currency exchange rates may adversely affect our profitability.

          
Investments in Financial Services            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our investments in the financial services sector are subject to various risks including volatility and extensive government regulation.

These risks include the effects of changes in interest rates on the profitability of financial services companies, the rate of corporate and consumer debt defaults, price competition, governmental limitations on a company’s loans, other financial commitments, product lines and other operations and recent ongoing changes in the financial services industry (including consolidations, development of new products and changes to the industry’s regulatory framework). Insurance companies have additional risks, such as heavy price competition, claims activity and marketing competition, and can be particularly sensitive to specific events such as man-made and natural disasters (including weather catastrophes), terrorism, mortality risks and morbidity rates.

          
Investments in Internet Software and Services            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our investments in the software, internet software & services, and IT services and internet & catalog retail sectors are subject to various risks, including intellectual property infringement issues and rapid technological changes, which may adversely affect our performance. Each industry contains certain industry related credit risks.

General risks of companies in the Software, Internet & Catalog Retail, and IT Services sectors include intellectual property infringement liability issues, the inability to protect Internet software and other propriety technology, extensive competition and limited barriers to entry. Generally, the market for Internet software and services is categorized by rapid technological change, evolving industry standards, changes in customer requirements and frequent new product introduction and enhancements. If a portfolio company in the Internet software and services sector cannot develop new products and enhance its current products in response to technological changes and competing products, its business and operating results will be negatively affected. In addition, there has been a substantial amount of litigation in the Internet software and services relating to intellectual property rights. Regardless of whether claims that a company is infringing patents or other intellectual property have any merit, these claims are time-consuming and costly. Moreover, an Internet software and services company must monitor the unauthorized use of its intellectual property, which may be difficult and costly. A company’s failure to protect its intellectual property could put it at a disadvantage to its competitors and harm its business, results of operations and financial condition. If an internet software and services company in which we invest is unable to navigate these risks, our performance may be adversely affected.

          
Global Climate Change            
General Description of Registrant [Abstract]            
Risk [Text Block]

The effect of global climate change may impact the operations of our portfolio companies.

There may be evidence of global climate change. Climate change creates physical and financial risk and some of our portfolio companies may be adversely affected by climate change. For example, the needs of customers of energy companies vary with weather conditions, primarily temperature and humidity. To the extent weather conditions are affected by climate change, energy use could increase or decrease depending on the duration and magnitude of any changes. Increases in the cost of energy could adversely affect the cost of operations of our portfolio companies if the use of energy products or services is material to their business. A decrease in energy use due to weather changes may affect some of our portfolio companies’ financial condition, through decreased revenues. Extreme weather conditions in general require more system backup, adding to costs, and can contribute to increased system stresses, including service interruptions. Other risks associated with climate change include risks related to the impact of climate-related legislation and regulation (both domestically and internationally), as well as risks related to climate-related business trends.

          
Invest in Covenant Lite Loans            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may invest in “covenant-lite” loans, which could have limited investor protections, and expose us to different and increased risks.

We may invest in, or obtain exposure to, obligations that may be “covenant-lite,” which means such obligations lack, or possess fewer, financial covenants that protect lenders. Covenant-lite agreements feature incurrence covenants, as opposed to more restrictive maintenance covenants. Under a maintenance covenant, the borrower would need to meet regular, specific financial tests, while under an incurrence covenant, the borrower only would be required to comply with the financial tests at the time it takes certain actions (e.g., issuing additional debt, paying a dividend, making an acquisition). A covenant-lite obligation contains fewer maintenance covenants than other obligations, or no maintenance covenants, and may not include terms that allow the lender to monitor the performance of the borrower and declare a default if certain criteria are breached. Furthermore, in the event of default, covenant-lite loans may exhibit diminished recovery values as the lender may not have the opportunity to negotiate with the borrower prior to default. As a result, our exposure to losses from these loans may be increased.

          
SEC Permitting Certain Affiliated Investments Subject to Certain Conditions            
General Description of Registrant [Abstract]            
Risk [Text Block]

While our ability to enter into transactions with our affiliates is restricted under the 1940 Act, we have received an exemptive order from the SEC permitting certain affiliated investments subject to certain conditions. As a result, the Advisor may face conflicts of interests and investments made pursuant to the exemptive order conditions could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us.

Any person that is an affiliate of ours for purposes of the 1940 Act generally is prohibited from participating in certain transactions such as co-investing with, or buying or selling any security from or to us, absent the prior approval of our independent directors and, in some cases, of the SEC. However, the Advisor and the funds managed by the Advisor have received an exemption from certain SEC regulations prohibiting transactions with affiliates. The exemptive order requires that certain procedures be followed prior to making an investment subject to the order and such procedures could in certain circumstances adversely affect the price paid or received by us or the availability or size of the position purchased or sold by us. The Advisor may also face conflicts of interest in making investments pursuant to the exemptive order.

The 1940 Act also prohibits certain "joint" transactions with certain of our affiliates, which could include investments in the same portfolio company (whether at the same or different times), without prior approval of our independent directors and, in some cases, of the SEC. We are prohibited from buying or selling any security from or to any person who owns more than 25% of our voting securities and from or to certain of that person's affiliates, or entering into prohibited joint transactions with such persons, absent the prior approval

of the SEC (other than certain limited situations pursuant to current regulatory guidance). The analysis of whether a particular transaction constitutes a joint transaction requires a review of the relevant facts and circumstances relating to the particular transaction. Similar restrictions limit our ability to transact business with our officers or directors or their affiliates.

          
Regulations Governing Operation As BDC Affect Ability And Raise Additional Capital            
General Description of Registrant [Abstract]            
Risk [Text Block]

Regulations governing our operation as a BDC may limit our ability to, and the way in which we raise additional capital, which could have a material adverse impact on our liquidity, financial condition and results of operations and may hinder the Advisor's ability to take advantage of attractive investment opportunities and to achieve our investment objective.

Our business requires a substantial amount of capital. We may acquire additional capital from the issuance of additional shares of our common stock or from the additional issuance of senior securities (including debt and preferred stock). However, we may not be able to raise additional capital in the future on favorable terms or at all. We may issue debt securities or preferred securities, which we refer to collectively as “senior securities,” and we may borrow money from banks or other financial institutions, up to the maximum amount permitted by the 1940 Act. The 1940 Act permits us to issue senior securities or incur indebtedness only in amounts such that our asset coverage, as defined in the 1940 Act, equals at least 150% after such issuance or incurrence. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous. If the value of our assets declines, we may be unable to satisfy this test. If that happens, we may be required to liquidate a portion of our investments and repay a portion of our indebtedness at a time when such sales may be disadvantageous.

•
Senior Securities. As a result of issuing senior securities, we would also be exposed to typical risks associated with leverage, including an increased risk of loss. If we issue preferred securities they would rank “senior” to common stock in our capital structure, preferred shareholders would have separate voting rights and may have rights, preferences or privileges more favorable than those of our common shareholders. Furthermore, the issuance of preferred securities could have the effect of delaying, deferring or preventing a transaction or a change of control that might involve a premium price for our common shareholders or otherwise be in the best interests of our common shareholders.
Additional Common Stock. Our Board of Directors may decide to issue common stock to finance our operations rather than issuing debt or other senior securities. As a BDC, we are generally not able to issue our common stock at a price below net asset value, or issue securities convertible into common stock, without first obtaining the required approvals from our shareholders and our independent directors. If our common stock trades at a discount to net asset value, those restrictions could adversely affect our ability to raise equity capital. Except in connection with the exercise of warrants or the conversion of convertible securities, in any such case the price at which our securities are to be issued and sold may not be less than a price, that in the determination of our Board of Directors, closely approximates the market value of such securities at the relevant time. We may also make rights offerings to our shareholders. If we raise additional capital by issuing more common stock or senior securities convertible into, or exchangeable for, our common stock, the percentage ownership of our common shareholders at that time would decrease, and our common shareholders may experience dilution. 		         
Changes in Laws or Regulations Governing Business            
General Description of Registrant [Abstract]            
Risk [Text Block]

Changes in the laws or regulations governing our business or the business of our portfolio companies, or changes in the interpretations thereof or newly enacted legislation and regulations, and any failure by us or our portfolio companies to comply with these laws or regulations, could have a material adverse effect on our business, results of operations or financial condition of us or our portfolio companies.

We are subject to changing rules and regulations of federal and state governments, as well as the stock exchange in which our common stock is listed. These entities, including the Public Company Accounting Oversight Board, the SEC and The Nasdaq Global Select Market, have issued a significant number of new and increasingly complex requirements and regulations over the course of the last several years and continue to develop additional regulations. For example, the listing standards of the national securities exchanges require us to implement and disclose "clawback" policies mandating the recovery of incentive compensation paid to executive officers in connection with accounting restatements.

Changes in the laws or regulations or the interpretations of the laws and regulations that govern BDCs, RICs or non-depository commercial lenders could significantly affect our operations and our cost of doing business. We are subject to federal, state and local laws and regulations and are subject to judicial and administrative decisions that affect our operations, including our loan originations, maximum interest rates, fees and other charges, disclosures to portfolio companies, the terms of secured transactions, collection and foreclosure procedures and other trade practices. If these laws, regulations or decisions change, or if we expand our business into jurisdictions that have adopted more stringent requirements than those in which we currently conduct business, we may have to incur significant expenses in order to comply, or we might have to restrict our operations. In addition, if we do not comply with applicable laws, regulations and decisions, we may lose licenses needed for the conduct of our business and may be subject to civil fines and criminal penalties, any of which could have a material adverse effect upon our business, results of operations of financial condition.

          
Invest Sufficient Portion of Assets in Qualifying Assets            
General Description of Registrant [Abstract]            
Risk [Text Block]

If we do not invest a sufficient portion of our assets in qualifying assets, we could be precluded from investing in certain assets or could be required to dispose of certain assets, which could have a material adverse effect on our business, financial condition and results of operations.

As a BDC, we are prohibited from acquiring any assets other than “qualifying assets” unless, at the time of and after giving effect to such acquisition, at least 70% of our total assets are qualifying assets. As of December 31, 2024, approximately $324.0 million, or approximately 16.9%, of our adjusted total assets were not “qualifying assets.” If we do not invest a sufficient portion of our assets in qualifying assets, we will be prohibited from investing in additional non-qualifying assets, which could have a material adverse effect on our business, financial condition and results of operations. Similarly, these rules could prevent us from making follow-on investments in existing portfolio companies (which could result in the dilution of our position) or could require us to dispose of investments at inopportune times in order to come into compliance with the 1940 Act. If we need to dispose of these investments quickly, it may be difficult to dispose of such investments on favorable terms. For example, we may have difficulty in finding a buyer and, even if a buyer is found, we may have to sell the investments at a substantial loss.

          
Regulated Investment Company Status            
General Description of Registrant [Abstract]            
Risk [Text Block]

We will be subject to corporate-level U.S. federal income tax on all of our income if we are unable to qualify as a RIC under the Code, which could have a material adverse effect on our financial performance.

Although we are currently qualified as a RIC, no assurance can be given that we will be able to maintain RIC status. To maintain RIC status and be relieved of U.S. federal income taxes on income and gains distributed to its shareholders, we generally must meet the annual distribution, source-of-income and asset diversification requirements described below.

To qualify as a RIC under the Code, we generally must meet certain source-of-income, asset diversification and annual distribution requirements. The annual distribution requirement for a RIC will generally be satisfied if we distribute at least 90% of our ordinary income and net short-term capital gain in excess of net long-term capital loss, if any, to our shareholders. Since we use debt financing, we are subject to certain asset coverage ratio requirements and other financial covenants under the terms of our Credit Facility, and we are, in some circumstances, also subject to similar requirements under the 1940 Act. The requirements could, under certain circumstances, restrict us from making distributions necessary to qualify as a RIC. If we are unable to obtain cash from other sources, we may fail to qualify as a RIC and, thus, may be subject to corporate-level income tax. To qualify as a RIC, we generally must also meet certain asset diversification requirements at the end of each calendar quarter. Failure to meet these tests may result in our having to dispose of certain investments quickly in order to prevent the loss of RIC status. Because we anticipate that most of our investments will be in private companies, any such dispositions could be made at disadvantageous prices and may result in substantial losses.

If we fail to qualify as a RIC for any reason and become subject to corporate-level income tax, the resulting corporate-level income taxes could substantially reduce our net assets, the amount of income available for distribution and the amount of our distributions.

          
Risk in Investors Equity Securities            
General Description of Registrant [Abstract]            
Risk [Text Block]

There is a risk that you may not receive distributions or that our distributions may not grow over time and a portion of our distributions may be a return of capital.

We intend to make distributions on a quarterly basis to our shareholders out of assets legally available for distribution. We cannot assure you that we will achieve investment results that will allow us to make a specified level of cash distributions or year-to-year increases in cash distributions. Our ability to pay distributions might be adversely affected by the impact of one or more of the risk factors described in this filing. Due to the asset coverage test applicable to us under the 1940 Act as a BDC, we may be limited in our ability to make distributions. Additionally, a portion of such distributions may include a return of shareholder capital. Distributions in excess of our current and accumulated earnings and profits are considered nontaxable distributions and serve to reduce the basis of our shares in the hands of the common shareholders rather than being currently taxable. As a result of the reduction of the basis of our shares, common shareholders may incur additional capital gains taxes or may have lower capital losses.

          
Failure of Effective System of Internal Control            
General Description of Registrant [Abstract]            
Risk [Text Block]

If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results or prevent fraud. As a result, shareholders could lose confidence in our financial and other public reporting, which would harm our business and the trading price of our common stock.

Effective internal controls over financial reporting are necessary for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause us to fail to meet our reporting obligations. In addition, any testing by us conducted in connection with Section 404 of the Sarbanes-Oxley Act, may reveal deficiencies in our internal controls over financial reporting that are deemed to be material weaknesses or that may require prospective or retroactive changes to our consolidated financial statements or identify other areas for further attention or improvement. Inferior internal controls could also cause investors and lenders to lose confidence in our reported financial information, which could have a negative effect on the trading price of our common stock.

          
Cyber Security Risks            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may experience cybersecurity incidents and are subject to cybersecurity risks.

Our business operations rely upon secure information technology systems for data processing, storage and reporting. Despite careful security and controls design, implementation and updating, our information technology systems could become subject to cyber-attacks. Cyber-attacks include, but are not limited to, gaining unauthorized access to digital systems (e.g., through “hacking” or malicious software coding) for purposes of misappropriating assets or sensitive information, corrupting data, or causing operational disruption. Cyber-attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites (i.e., efforts to make network services unavailable to intended users). Network, system, application and data breaches could result in operational disruptions or information misappropriation, which could have a material adverse effect on our business, results of operations and financial condition.

Cybersecurity failures or breaches by the Advisor, any sub-adviser(s) and other third-party service providers (including, but not limited to, accountants, custodians, transfer agents and administrators), and the issuers of securities in which we invest, have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, interference with our ability to calculate our net asset value, impediments to trading, the inability of our shareholders to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, or additional compliance costs. In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future. While we have established a business continuity plan in the event of, and risk management systems to prevent, such cyberattacks, such plans and systems could prove to be inadequate, and, if compromised, could become inoperable for extended periods of time, cease to function properly, fail to adequately secure private information or have other risks that have not been identified. Furthermore, we cannot control the cyber security plans and systems put in place by our third-party service providers and issuers in which we invest. We and our shareholders could be negatively impacted as a result.

We are subject to the cybersecurity risks of our Service Providers, which could negatively impact the Company and its shareholders.

The Company relies on the information and technology systems of the custodian, the Advisor, and the Company’s other service providers and counterparties (the “Service Providers”), each of which could be directly or indirectly adversely affected by information systems interruptions, cybersecurity incidents or other disruptions, which in turn could have a material adverse effect on the Company.

The Company and the Service Providers are susceptible to operational, information security and related cybersecurity risks both directly and through their own service providers. Cyber incidents can result from deliberate attacks or unintentional events. They include, but are not limited to, gaining unauthorized access to systems, corrupting or destroying data, and causing operational disruption. Geopolitical tensions may increase the scale and sophistication of deliberate attacks, particularly those from nation-states or from entities with nation-state backing.

Cybersecurity incidents may cause disruptions and impact business operations. They may result in any of the following: financial losses (including loss or theft of Company assets), interference with the Company’s ability to calculate its NAV, disclosure of confidential information, impediments to trading, submission of erroneous trades or erroneous creation or redemption orders, the inability of the Company or the Service Providers to transact business, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and other legal and compliance costs. In addition, cyber incidents may render records of Company assets and transactions, shareholder ownership of Company shares, and other data integral to the functioning of the Company inaccessible, inaccurate or incomplete. The Company may incur substantial costs in order to resolve or prevent cyber incidents.

The Advisor, an indirect subsidiary of BlackRock, is responsible for the overall management of the Company. The Advisor relies on BlackRock’s enterprise risk management framework for the Company’s cybersecurity risk management and strategy. Although BlackRock has implemented policies and controls and takes protective measures involving significant expense to prevent and address potential data breaches, inadvertent disclosures and sophisticated cyber-attacks and cyber-related fraud, there can be no assurance that any of these measures proves fully effective. In addition, a successful cyber-attack may persist for an extended period of time before being detected, and it may take a considerable amount of time for an investigation to be completed and the severity and potential impact to be known. Furthermore, the Company cannot control the cybersecurity plans and systems of its Service Providers. The Company and its shareholders could be negatively impacted as a result.

          
Failure in Cyber Security Systems            
General Description of Registrant [Abstract]            
Risk [Text Block]

The failure in cybersecurity systems, as well as the occurrence of events unanticipated in our disaster recovery systems and management continuity planning could impair our ability to conduct business effectively.

The occurrence of a disaster such as a cyber-attack, a pandemic, a natural catastrophe, an industrial accident, a terrorist attack or war, events unanticipated in our disaster recovery systems, or a support failure from external providers, could have an adverse effect on our ability to conduct business and on our results of operations and financial condition, particularly if those events affect our

computer-based data processing, transmission, storage, and retrieval systems or destroy data. If a significant number of our managers were unavailable in the event of a disaster, our ability to effectively conduct our business could be severely compromised.

We depend heavily upon computer systems to perform necessary business functions. Despite our implementation of a variety of security measures, our computer systems could be subject to cyber-attacks and unauthorized access, such as physical and electronic break-ins or unauthorized tampering. Like other companies, we may experience threats to our data and systems, including malware and computer virus attacks, unauthorized access, system failures and disruptions. If one or more of these events occurs, it could potentially jeopardize the confidential, proprietary and other information processed and stored in, and transmitted through, our computer systems and networks, or otherwise cause interruptions or malfunctions in our operations, which could result in damage to our reputation, financial losses, litigation, increased costs, regulatory penalties and/or customer dissatisfaction or loss.

          
Information Systems and Systems Failures            
General Description of Registrant [Abstract]            
Risk [Text Block]

We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect the market price of our common stock and our ability to pay dividends.

Our business is dependent on our and third parties’ communications and information systems. Further, in the ordinary course of our business we or the Advisor may engage certain third party service providers to provide us with services necessary for our business. Any failure or interruption of those systems or services, including as a result of the termination or suspension of an agreement with any third-party service providers, could cause delays or other problems in our business activities. Our financial, accounting, data processing, backup or other operating systems and facilities may fail to operate properly or become disabled or damaged as a result of a number of factors including events that are wholly or partially beyond our control and adversely affect our business. There could be:

•
sudden electrical or telecommunications outages;
•
natural disasters such as earthquakes, tornadoes and hurricanes;
•
disease pandemics;
•
events arising from local or larger scale political or social matters, including terrorist acts; and
•
cyber-attacks.

These events, in turn, could have a material adverse effect on our operating results and negatively affect the market price of our common stock and our ability to pay dividends to our shareholders.

          
Common Stock Traded at Discount from Net Asset Value            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our shares of common stock have traded at a discount from net asset value and may do so again in the future, which could limit our ability to raise additional equity capital.

Shares of closed-end investment companies, including BDCs, may trade at a market discount from net asset value. This characteristic of closed-end investment companies and BDCs is separate and distinct from the risk that our net asset value per share may decline. In the past, the stocks of BDCs as an industry, including shares of our common stock, have traded below net asset value as a result of concerns over liquidity, leverage restrictions and distribution requirements. When our common stock is trading below its net asset value per share, we will generally not be able to issue additional shares of our common stock at its market price without first obtaining approval for such issuance from our shareholders and our independent directors. We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval.

          
Investing in Common Stock Involve Above Degree of Risk            
General Description of Registrant [Abstract]            
Risk [Text Block]

Investing in our common stock may involve an above average degree of risk.

The investments we make in accordance with our investment objective may result in a higher amount of risk than alternative investment options and a higher risk of volatility or loss of principal. Our investments in portfolio companies involve higher levels of risk, and therefore, an investment in our common stock may not be suitable for someone with lower risk tolerance.

          
Significant Fluctualtions in Market Price of Common Stock            
General Description of Registrant [Abstract]            
Risk [Text Block]

The market price of our common stock may fluctuate significantly.

The market price and liquidity of the market for our common stock may be significantly affected by numerous factors, some of which are beyond our control and may not be directly related to our operating performance. These factors include:

•
volatility in the market price and trading volume of securities of BDCs or other companies in the sector in which we operate, which are not necessarily related to the operating performance of these companies;
•
price and volume fluctuations in the overall stock market from time to time;
•
changes in law, regulatory policies or tax guidelines, particularly with respect to SBICs, RICs or BDCs;
•
loss of RIC status or the SBIC’s loss of SBIC status;
•
changes in earnings or variations in operating results;
•
changes in the value of our portfolio of investments;
•
any shortfall in revenue or net income or any increase in losses from levels expected by investors or securities analysts;
•
departure of key personnel from the Advisor;
•
operating performance of companies comparable to us;
•
short-selling pressure with respect to shares of our common stock or BDCs generally;
•
future sales of our securities convertible into or exchangeable or exercisable for our common stock or the conversion of such securities;
•
uncertainty surrounding the strength of the U.S. economic recovery;
•
general economic trends and other external factors; and
•
loss of a major funding source.

Shareholders will likely incur dilution if we sell or otherwise issue shares of our common stock or securities to subscribe for or convertible into shares of our common stock at prices below the then current net asset value per share of our common stock.

We generally seek approval from our shareholders so that we have the flexibility to issue up to 25% of our then outstanding shares of our common stock immediately prior to any such sale at a price below net asset value, but in some years we may not obtain such approval. We received authority from our shareholders at our 2013 annual meeting to issue warrants, options or other rights to subscribe for, convert to, or purchase shares of our common stock, which may include convertible preferred stock and convertible debentures. This authorization has no expiration date.

In addition, we may also issue shares of common stock in certain limited circumstances under our dividend reinvestment plan and under interpretive advice issued by the Internal Revenue Service, and we may also issue subscription rights exercisable for shares of common stock at a price below net asset value per share in accordance with the requirements of the 1940 Act. Any sale or other issuance of shares of our common stock at a price below net asset value per share would result in an immediate dilution to the net asset value per share. This dilution would occur as a result of a proportionately greater decrease in a shareholder's interest in our earnings and assets and voting interest in us than the increase in our assets resulting from such issuance. Because the number of shares of common stock that could be so issued and the timing of any issuance is not currently known, the actual dilutive effect cannot be predicted. Such effects may be material, and we undertake to describe material risks and dilutive effects of any offering that we make at a price below our then current net asset value in the future in a prospectus supplement issued in connection with any such offering. We cannot predict whether shares of our common stock will trade above, at or below our net asset value. If we were to sell our common stock at prices below net asset value for a sustained period of time, such sales may result in an increased risk of our common stock trading at a discount to its net asset value.

          
Capital-raising Activities Adverse Effect on Market Price of Common Stock            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our capital-raising activities may have an adverse effect on the market price of our common stock.

When we issue securities or incur debt, we generally obtain cash or cash equivalents. Any increase in our holdings of cash or cash equivalents could adversely affect the prevailing market prices for our common stock, especially if we are unable to timely deploy the capital in suitable investments. The adverse impact on the prevailing market prices for our common stock could be greater if we issue debt securities or other securities requiring the payment of interest and are unable to timely deploy the capital in suitable investments.

          
Dividends Paid in Stock May Require to Pay Tax in Excess of Cash Recieved            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may choose to pay dividends in our own stock, in which case you may be required to pay tax in excess of the cash you receive.

We may distribute taxable dividends that are payable to our shareholders in part through the issuance of shares of our common stock. Under certain applicable provisions of the Code and the Treasury regulations and a revenue procedure issued by the Internal Revenue Service, a RIC may treat a distribution of its own stock as fulfilling its RIC distribution requirements if each shareholder may elect to receive his or her entire distribution in either cash or stock of the RIC, subject to a limitation that the aggregate amount of cash to be distributed to all shareholders must be at least 20% of the aggregate declared distribution. If too many shareholders elect to receive their distributions in cash, we must allocate the cash available for distribution among the shareholders electing to receive cash (with the

balance of the distribution paid in shares of our common stock). If we decide to make any distributions consistent with this revenue procedure that are payable in part in our stock, U.S. taxable shareholders receiving such dividends generally will be required to include the full amount of the dividend (whether received in cash, our stock, or a combination thereof) as ordinary income (or as long-term capital gain to the extent such distribution is properly reported as a capital gain dividend) to the extent of our current and accumulated earnings and profits for U.S. federal income tax purposes. As a result, a U.S. shareholder may be required to pay tax with respect to such dividends in excess of any cash received. If a U.S. shareholder sells the stock it receives as a dividend in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the dividend, depending on the market price of our stock at the time of the sale.

Furthermore, with respect to non-U.S. shareholders, we may be required to withhold U.S. tax with respect to such dividends, including in respect of all or a portion of such dividend that is payable in stock. If a significant number of our shareholders determine to sell shares of our stock in order to pay taxes owed on dividends, it may put downward pressure on the trading price of our stock. In addition, to the extent our stock is trading below our net asset value per share, our net asset value per share will be diluted.

          
Issuance of Preferred Stock Cause Net Asset Value and Market Value of Common Stock Volatile            
General Description of Registrant [Abstract]            
Risk [Text Block]

If we issue preferred stock, the net asset value and market value of our common stock may become more volatile.

We cannot assure you that the issuance of preferred stock would result in a higher yield or return to the holders of our common stock. The issuance of preferred stock would likely cause the net asset value and market value of our common stock to become more volatile. If the dividend rate on the preferred stock were to approach the net rate of return on our investment portfolio, the benefit of leverage to the holders of our common stock would be reduced. If the dividend rate on the preferred stock were to exceed the net rate of return on our portfolio, the leverage would result in a lower rate of return to the holders of our common stock than if we had not issued preferred stock. Any decline in the net asset value of our investment would be borne entirely by the holders of our common stock. Therefore, if the market value of our portfolio were to decline, the leverage would result in a greater decrease in net asset value to the holders of our common stock than if we were not leveraged through the issuance of preferred stock. This greater net asset value decrease would also tend to cause a greater decline in the market price of our common stock. We might be in danger of failing to maintain the required asset coverage of the preferred stock or of losing our ratings on the preferred stock or, in an extreme case, our current investment income might not be sufficient to meet the dividend requirements on the preferred stock. In order to counteract such an event, we might need to liquidate investments in order to fund a redemption of some or all of the preferred stock. In addition, we would pay (and the holders of our common stock would bear) all costs and expenses relating to the issuance and ongoing maintenance of the preferred stock, including higher Incentive Fees if our total return exceeds the dividend rate on the preferred stock. Holders of preferred stock may have different interests than holders of common stock and may at times have disproportionate influence over our affairs.

          
Issuance of Preferred Stock Adversely Affect Market Value of Common Stock            
General Description of Registrant [Abstract]            
Risk [Text Block]

We may in the future determine to issue preferred stock, which could adversely affect the market value of our common stock.

The issuance of shares of preferred stock with dividend or conversion rights, liquidation preferences or other economic terms favorable to the holders of preferred stock could adversely affect the market price for our common stock by making an investment in the common stock less attractive. In addition, the dividends on any preferred stock we issue must be cumulative. Payment of dividends and repayment of the liquidation preference of preferred stock must take preference over any dividends or other payments to our common shareholders, and holders of preferred stock are not subject to any of our expenses or losses and are not entitled to participate in any income or appreciation in excess of their stated preference (other than convertible preferred stock that converts into common stock). In addition, under the 1940 Act, preferred stock constitutes a “senior security” for purposes of the asset coverage test.

          
Holders of Preferred Stock Would Have Right to Elect Members of Board of Directors and Class Voting Rights            
General Description of Registrant [Abstract]            
Risk [Text Block]

Holders of any preferred stock we might issue would have the right to elect members of our Board of Directors and class voting rights on certain matters.

Holders of any preferred stock we might issue, voting separately as a single class, would have the right to elect two members of our Board of Directors at all times and in the event dividends become two full years in arrears would have the right to elect a majority of the directors until such arrearage is completely eliminated. In addition, preferred shareholders have class voting rights on certain matters, including changes in fundamental investment restrictions and conversion to open-end status, and accordingly can veto any changes. Restrictions imposed on the declarations and payment of dividends or other distributions to the holders of our common stock and preferred stock, both by the 1940 Act and by requirements imposed by rating agencies, might impair our ability to maintain our qualification as a RIC for federal income tax purposes. While we would intend to redeem our preferred stock to the extent necessary to enable us to distribute our income as required to maintain our qualification as a RIC, there can be no assurance that such actions could be affected in time to meet the tax requirements.

          
Provisions of Delaware General Corporation Law and Certificate of Incorporation and Bylaws            
General Description of Registrant [Abstract]            
Risk [Text Block]

Certain provisions of the Delaware General Corporation Law and our certificate of incorporation and bylaws could deter takeover attempts and have an adverse impact on the price of our common stock.

The Delaware General Corporation Law, our amended certificate of incorporation and our amended and restated bylaws contain provisions that may have the effect of discouraging a third party from making an acquisition proposal for us. These anti-takeover provisions may inhibit a change in control in circumstances that could give the holders of our common stock the opportunity to realize a premium over the market price of our common stock. Our certificate of incorporation and bylaws also provide that special meetings of the shareholders may only be called by our Board of Directors, Chairman, Chief Executive Officer or Secretary. These provisions, as well as other provisions of our amended certificate of incorporation and our amended and restated bylaws, may delay, defer or prevent a transaction or a change in control that might otherwise be in the best interests of our shareholders.

          
Dilution of Interest upon Non-exercise of Subscription Rights and Immediate Dilution of Aggregate NAV if Subscription Price Less than NAV            
General Description of Registrant [Abstract]            
Risk [Text Block]

Your interest in us may be diluted if you do not fully exercise your subscription rights in any rights offering we may conduct. In addition, if the subscription price is less than our net asset value per share, then you will experience an immediate dilution of the aggregate net asset value of your shares.

In the event we issue subscription rights, shareholders who do not fully exercise their subscription rights should expect that they will, at the completion of a rights offering, own a smaller proportional interest in us than would otherwise be the case if they fully exercised their rights. We cannot state precisely the amount of any such dilution in share ownership because we do not know at this time what proportion of the shares will be purchased as a result of such rights offering.

In addition, if the subscription price is less than the net asset value per share of our common stock, then our shareholders would experience an immediate dilution of the aggregate net asset value of their shares as a result of the offering. The amount of any decrease in net asset value is not predictable because it is not known at this time what the subscription price and net asset value per share will be on the expiration date of a rights offering or what proportion of the shares will be purchased as a result of such rights offering. Such dilution could be substantial.

          
Redemption May Adversely Affect Return on Debt Securities            
General Description of Registrant [Abstract]            
Risk [Text Block]

Terms relating to redemption may materially adversely affect your return on any debt securities that we may issue.

If your debt securities are redeemable at our option, we may choose to redeem your debt securities at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In addition, if your debt securities are subject to mandatory redemption, we may be required to redeem your debt securities also at times when prevailing interest rates are lower than the interest rate paid on your debt securities. In this circumstance, you may not be able to reinvest the redemption proceeds in a comparable security at an effective interest rate as high as your debt securities being redeemed.

          
Credit Ratings Subject to Change            
General Description of Registrant [Abstract]            
Risk [Text Block]

Our credit ratings are subject to change and may not reflect all risks of an investment in our debt securities.

Our credit ratings are an assessment by third parties of our ability to pay our obligations and are subject to change. For example, our credit ratings were changed several times during the most recent fiscal year and are subject to further change. Such fluctuations in our credit ratings may adversely affect the market value of our debt securities. In addition, our credit ratings may not reflect the potential impact of risks related to market conditions generally or other factors on the market value of or trading market for the publicly issued debt securities.

          
v3.25.0.1
Summary of Significant Accounting Policies
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Basis of Presentation

The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. The Company has consolidated the results of its wholly owned subsidiaries in its consolidated financial statements in accordance with ASC Topic 946. The following is a summary of the significant accounting policies of the Company.

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.

Investment Valuation

Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations and has approved policies and procedures adopted by the Advisor to seek to ensure compliance with the requirements of the Rule.

The Company’s investments are generally held by the Company's subsidiaries. Investments are recorded at fair value in accordance with GAAP, based upon the principles and methods of valuation set forth in the policies adopted by the Valuation Designee and approved by the Board of Directors. Fair value is generally defined as the amount for which an investment would be sold in an orderly transaction between market participants at the measurement date.

All investments are valued at least quarterly based on quotations or other affirmative pricing from independent third-party sources, with the exception of investments priced directly by the Valuation Designee which in the aggregate comprise less than 5% of the assets of the Company. Investments listed on a recognized exchange or market quotation system, whether U.S. or foreign, are valued using the closing price on the date of valuation. Investments not listed on a recognized exchange or market quotation system, but for which reliable market quotations are readily available are valued using prices provided by a nationally recognized pricing service or by using quotations from broker-dealers.

Investments for which market quotations are either not readily available or are determined to be unreliable are priced at fair value using affirmative valuations performed by independent valuation services approved by the Valuation Designee or, for investments aggregating less than 5% of the total assets of the Company, using valuations determined directly by the Valuation Designee. Such valuations are determined under documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the “Valuation Committee”).

Generally, to increase objectivity in valuing the investments, the Valuation Designee will utilize external measures of value, such as public markets or third-party transactions, whenever possible. The Valuation Designee’s valuation is not based on long-term work-out value, immediate liquidation value, nor incremental value for potential changes that may take place in the future. The values assigned to investments are based on available information as of balance sheet date and do not necessarily represent amounts that might ultimately be realized, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, geopolitical and other events and conditions that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on the Company’s investments. The foregoing policies apply to all investments, including any in companies and groups of affiliated companies aggregating more than 5% of the Company’s assets.

 

2. Summary of Significant Accounting Policies — (continued)

Fair valuations of investments in each asset class are determined using one or more methodologies including market quotations, the market approach, income approach, or, in the case of recent investments, the cost approach, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets. Such information may include observed multiples of earnings and/or revenues at which transactions in securities of comparable companies occur, with appropriate adjustments for differences in company size, operations or other factors affecting comparability.

The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present value amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. The discount rates used for such analyses reflect market yields for comparable investments, considering such factors as relative credit quality, capital structure, and other factors.

In following these approaches, the types of factors that may be taken into account also include, as relevant: available current market data, including relevant and applicable market trading and transaction comparables, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, comparable costs of capital, the principal market in which the investment trades and enterprise values, among other factors.

Investments may be categorized based on the types of inputs used in valuing such investments. The level in the GAAP valuation hierarchy in which an investment falls is based on the lowest level input that is significant to the valuation of the investment in its entirety. Transfers between levels are recognized as of the beginning of the reporting period.

At December 31, 2024, the Company's investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate
Debt (2)

 

 

Equity
Securities

 

 

Total

 

1

 

Quoted prices in active markets for identical
   assets

 

$

—

 

 

$

—

 

 

$

412,880

 

 

$

412,880

 

2

 

Other direct and indirect observable market
   inputs (3)

 

 

28,557,671

 

 

 

—

 

 

 

—

 

 

 

28,557,671

 

3

 

Independent third-party valuation sources
   that employ significant unobservable inputs

 

 

1,549,242,872

 

 

 

64,772,456

 

 

 

150,615,054

 

 

 

1,764,630,382

 

3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

1,157,403

 

 

 

1,157,403

 

Total

 

 

 

$

1,577,800,543

 

 

$

64,772,456

 

 

$

152,185,337

 

 

$

1,794,758,336

 

 

(1)
Includes senior secured loans
(2)
Includes senior secured notes, unsecured debt and subordinated debt
(3)
For example, quoted prices in inactive markets or quotes for comparable investments

 

2. Summary of Significant Accounting Policies — (continued)

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2024 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,243,224,730

 

 

Income approach

 

Discount rate

 

9.1% - 22.4% (12.3%)

 

 

127,397,885

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 1.4x (0.9x)

 

 

95,787,823

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

41,621,909

 

 

Asset approach (2)

 

N/A

 

N/A

 

 

40,763,182

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 10.8x (4.4x)

 

 

 

447,343

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.2x - 5.3x (4.7x)

 

 

 

 

 

 

Implied volatility

 

35.0% (35.0%)

 

 

 

 

 

 

Term

 

1.5 years - 1.8 years (1.5 years)

Other Corporate Debt

 

 

59,756,438

 

 

Market comparable companies

 

Book value multiples

 

1.5x (1.5x)

 

 

 

5,016,018

 

 

Income approach

 

Discount rate

 

13.5% (13.5%)

Equity

 

 

65,597,083

 

 

Market comparable companies

 

Book value multiples

 

0.8x - 1.5x (1.3x)

 

 

53,598,606

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.3x - 13.8x (10.7x)

 

 

 

 

 

 

Implied volatility

 

40.0% - 75.0% (54.0%)

 

 

 

 

 

 

Term

 

0.3 years - 3.8 years (1.9 years)

 

 

15,738,508

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 4.8x (2.1x)

 

 

15,227,668

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 12.0x (11.3x)

 

 

 

1,610,592

 

 

Transaction approach (3)

 

N/A

 

N/A

 

$

1,765,787,785

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.

 

2. Summary of Significant Accounting Policies — (continued)

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

 

Input

 

Impact to Value if
Input Increases

 

Impact to Value if
Input Decreases

Discount rate

 

Decrease

 

Increase

Revenue multiples

 

Increase

 

Decrease

EBITDA multiples

 

Increase

 

Decrease

Book value multiples

 

Increase

 

Decrease

Implied volatility

 

Increase

 

Decrease

Term

 

Increase

 

Decrease

Yield

 

Increase

 

Decrease

 

 

Changes in investments categorized as Level 3 during the year ended December 31, 2024 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

Net realized and unrealized gains (losses)

 

 

(123,839,154

)

 

 

(8,098,224

)

 

 

(56,062,993

)

 

 

(188,000,371

)

Acquisitions (1)

 

 

871,166,493

 

 

 

20,551,743

 

 

 

45,718,873

 

 

 

937,437,109

 

Dispositions

 

 

(492,544,833

)

 

 

—

 

 

 

(3,381,104

)

 

 

(495,925,937

)

Transfers into Level 3 (2)

 

 

4,872,975

 

 

 

—

 

 

 

—

 

 

 

4,872,975

 

Ending balance

 

$

1,549,242,872

 

 

$

64,772,456

 

 

$

150,615,054

 

 

$

1,764,630,382

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

(110,587,996

)

 

$

(8,098,224

)

 

$

(53,880,086

)

 

$

(172,566,306

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts and Level 3 investments acquired in connection with the Merger.
(2)
Comprised of one investment that was transferred from Level 2 due to reduced number of market quotes.

 

2. Summary of Significant Accounting Policies — (continued)

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

Net realized and unrealized gains (losses)

 

 

—

 

 

 

—

 

 

 

312,788

 

 

 

312,788

 

Ending balance

 

$

—

 

 

$

—

 

 

$

1,157,403

 

 

$

1,157,403

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

312,788

 

 

$

312,788

 

 

 

At December 31, 2023, the Company’s investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate Debt (2)

 

 

Equity
Securities

 

 

Total

 

 1

 

Quoted prices in active markets for identical
  assets

 

$

—

 

 

$

—

 

 

$

565,860

 

 

$

565,860

 

 2

 

Other direct and indirect observable market
  inputs (3)

 

 

47,284,029

 

 

 

—

 

 

 

—

 

 

 

47,284,029

 

 3

 

Independent third-party valuation sources that
  employ significant unobservable inputs

 

 

1,289,587,391

 

 

 

52,318,937

 

 

 

164,340,278

 

 

 

1,506,246,606

 

 3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

844,615

 

 

 

844,615

 

Total

 

 

 

$

1,336,871,420

 

 

$

52,318,937

 

 

$

165,750,753

 

 

$

1,554,941,110

 

 

(1)
Includes senior secured loans.
(2)
Includes senior secured notes, unsecured debt and subordinated debt.
(3)
For example, quoted prices in inactive markets or quotes for comparable investments.

 

2. Summary of Significant Accounting Policies — (continued)

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2023 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,132,856,927

 

 

Income approach

 

Discount rate

 

9.8% - 29.7% (14.3%)

 

 

67,806,880

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

81,471,300

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 3.3x (1.4x)

 

 

1,324,151

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x (3.8x)

 

 

 

4,659,545

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x (1.9x)

 

 

 

 

 

 

Implied volatility

 

65.0% (65.0%)

 

 

 

 

 

 

Term

 

1.3 years (1.3 years)

 

 

 

1,468,588

 

 

Asset approach (2)

 

N/A

 

N/A

Other Corporate Debt

 

 

52,318,937

 

 

Market comparable companies

 

Book value multiples

 

1.6x (1.6x)

Equity

 

 

9,014,890

 

 

Income approach

 

Discount rate

 

13.6% (13.6%)

 

 

 

12,886,826

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 6.0x (1.8x)

 

 

53,885,683

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x - 13.4x (12.6x)

 

 

66,917,544

 

 

Market comparable companies

 

Book value multiples

 

0.9x - 1.6x (1.4x)

 

 

16,402,713

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x - 15.3x (6.4x)

 

 

 

 

 

 

Implied volatility

 

20.0% - 65.0% (57.2%)

 

 

 

 

 

 

Term

 

0.8 years - 3.5 years (1.2 years)

 

 

2,055,657

 

 

Transaction approach (4)

 

N/A

 

N/A

 

 

4,021,580

 

 

Asset approach (3)

 

N/A

 

N/A

 

$

1,507,091,221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date.
(4)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.

 

 

2. Summary of Significant Accounting Policies — (continued)

Changes in investments categorized as Level 3 during the year ended December 31, 2023 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,258,052,376

 

 

$

68,451,437

 

 

$

187,504,790

 

 

$

1,514,008,603

 

Net realized and unrealized gains (losses)

 

 

(14,101,799

)

 

 

1,373,296

 

 

 

(34,070,836

)

 

 

(46,799,339

)

Acquisitions (1)

 

 

221,794,143

 

 

 

2,494,204

 

 

 

13,340,394

 

 

 

237,628,741

 

Dispositions

 

 

(199,873,197

)

 

 

(20,000,000

)

 

 

(1,790,374

)

 

 

(221,663,571

)

Transfers into Level 3 (2)

 

 

23,715,868

 

 

 

—

 

 

 

—

 

 

 

23,715,868

 

Reclassifications within Level 3 (3)

 

 

—

 

 

 

—

 

 

 

(643,696

)

 

 

(643,696

)

Ending balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

(22,128,377

)

 

$

—

 

 

$

(33,951,585

)

 

$

(56,079,962

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of three investments that were transferred from Level 2 due to reduced number of market quotes.
(3)
Comprised of five investments that were reclassified to Valuation Designee Valuation.

 

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

531,024

 

 

$

1,415,738

 

 

$

874,061

 

 

$

2,820,823

 

Net realized and unrealized gains (losses)

 

 

(1,400

)

 

 

(147,734

)

 

 

(67,876

)

 

 

(217,010

)

Acquisitions (1)

 

 

1,400

 

 

 

(148,751

)

 

 

—

 

 

 

(147,351

)

Dispositions

 

 

(531,024

)

 

 

(1,119,253

)

 

 

(605,266

)

 

 

(2,255,543

)

Reclassifications within Level 3 (2)

 

 

—

 

 

 

—

 

 

 

643,696

 

 

 

643,696

 

Ending balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

(411,701

)

 

$

(411,701

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of five investments that were reclassified from Independent Third-Party Valuation.

2. Summary of Significant Accounting Policies — (continued)

Investment Transactions

Investment transactions are recorded on the trade date, except for private transactions that have conditions to closing, which are recorded on the closing date. The cost of investments purchased is based upon the purchase price plus those professional fees which are specifically identifiable to the investment transaction. Realized gains and losses on investments are recorded based on the specific identification method, which typically allocates the highest cost inventory to the basis of investments sold.

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents consist of highly liquid investments with an original maturity of generally 60 days or less and may not be insured by the FDIC or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the GAAP valuation hierarchy. At December 31, 2024, included in cash and cash equivalents was $1.4 million (0.2% of net assets) held in the JPMorgan U.S. Treasury Plus Money Market Fund with a 7-day yield of 4.42% and $59.2 million (7.5% of net assets) held in the Allspring Government Money Market Fund with a 7-day yield of 4.36%. There was no restricted cash at December 31, 2024 or December 31, 2023.

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted investments is included at the end of the Consolidated Schedule of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency denominated investments comprised approximately 0.4% and 0.5% of total investments at December 31, 2024 and December 31, 2023, respectively. Such positions were converted at the respective closing foreign exchange rates in effect at December 31, 2024 and December 31, 2023 and reported in U.S. dollars. Purchases and sales of investments and income and expense items denominated in foreign currencies, when they occur, are translated into U.S. dollars based on the foreign exchange rates in effect on the respective dates of such transactions. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments.

Investments in foreign companies and securities of foreign governments may involve special risks and considerations not typically associated with investing in U.S. companies and securities of the U.S. government. These risks include, among other things, revaluation of currencies, less reliable information about issuers, different transaction clearance and settlement practices, and potential future adverse political and economic developments. Moreover, investments in foreign companies and securities of foreign governments and their markets may be less liquid and their prices more volatile than those of comparable U.S. companies and the U.S. government.

Derivatives

In order to mitigate certain currency exchange and interest rate risks, the Company may enter into certain derivative transactions. All derivatives are subject to a master netting agreement and are reported at their gross amounts as either assets or liabilities in the Consolidated Statements of Assets and Liabilities. Transactions entered into are accounted for using the mark-to-market method with the resulting change in fair value recognized in earnings for the current period. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in interest rates and the value of foreign currencies relative to the U.S. dollar. Certain derivatives may also require the Company to pledge assets as collateral to secure its obligations.

2. Summary of Significant Accounting Policies — (continued)

Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy.

Merger Sub entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of Merger Sub’s 2025 Notes (as defined below) (see Note 4). The notional amount of the Interest Rate Swap is $35.0 million and matures on June 9, 2025. Under the swap agreement, Merger Sub receives a fixed interest rate of 2.633% and pays a floating interest rate of SOFR with payments due annually.

Pursuant to the contract, Merger Sub was required to deposit initial margin with the broker in the form of cash and has agreed to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statement of Assets and Liabilities at December 31, 2024.

Since the swap contract has not been designated as a hedge accounting relationship pursuant to ASC 815, Derivatives and Hedging, changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statement of Operations. As of December 31, 2024, the Interest Rate Swap had a fair value of $(0.7) million, which is reflected as a liability on the Consolidated Statements of Assets and Liabilities; such fair value is inclusive of any net periodic interest accruals and payments on the contract.

Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy.

During the years ended December 31, 2024 and 2023, the Company did not enter into any additional derivative transactions.

Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy.

Deferred Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are recognized when earned and are included in interest income.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

2. Summary of Significant Accounting Policies — (continued)

Debt investments are generally placed on non-accrual status when it is probable that principal or interest will not be collected according to the contractual terms. When a debt investment is placed on non-accrual status, accrued and unpaid interest (including any accrued PIK interest) is generally reversed, and discount accretion or premium amortization is discontinued. The Company does not reverse previously capitalized PIK income. Payments received on non-accrual investments may either be recognized as income or applied to principal depending upon the Company’s judgment regarding collectability of the outstanding principal and interest. Non-accrual investments are restored to accrual status if past due principal and interest are paid or, in the Company’s judgment, the repayment of the remaining contractual principal and interest is expected. The Company may opt not to place a distressed debt investment on non-accrual status if principal and interest are secured through sufficient collateral value and are in the process of collection through legal actions or other efforts that are expected to result in repayment of principal and interest.

36th Street Capital Partners, LLC

In accordance with Rules 3-09 and 4-08(g of Regulation S-X (“Rule 3-09” and “Rule 4-08(g),” respectively), the Company must determine which of its unconsolidated controlled portfolio companies are considered “significant subsidiaries,” if any. In evaluating these investments, Rule 1-02(w)(2) of Regulation S-X stipulates two tests to be utilized by a business development company to determine if any of our controlled investments are considered significant subsidiaries for financial reporting purposes: the investment test and the income test. Rule 3-09 requires separate audited financial statements of an unconsolidated majority owned subsidiary in an annual report if any of the tests exceed the thresholds noted in Rule 1-02(w)(2) whereas Rule 4-08(g) only requires summarized financial information in an annual/quarterly report if the thresholds are exceeded. Our investment in 36th Street Capital Partners Holdings, LLC as of December 31, 2024 exceeded the threshold in at least one of the tests for both Rule 3-09 and Rule 4-08(g). Accordingly, we are attaching the audited financial statements of 36th Street Capital Partners Holdings, LLC to this Form 10-K (refer to Exhibits).

Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended (the "Code"), applicable to RICs, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required. The income or loss of SVCP (including effective from the Closing, the consolidated income or loss of Merger Sub), TCPC Funding, TCPC Funding II and the SBIC is reported in the respective members' or partners’ income tax returns, as applicable. In accordance with ASC Topic 740 - Income Taxes, the Company recognizes in its consolidated financial statements the effect of a tax position when it is determined that such position is more likely than not, based on the technical merits, to be sustained upon examination. The tax returns of the Company, SVCP, TCPC Funding, TCPC Funding II and the SBIC remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of December 31, 2024, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

U.S. GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset values per share. As of December 31, 2024 and December 31, 2023, the following permanent differences, primarily attributable to treatment of expenses, amortization methods for premiums and discounts on fixed income securities, were reclassified as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Paid-in capital

 

$

487,501,546

 

 

$

(247,315

)

Accumulated Earnings (Loss)

 

 

(487,501,546

)

 

 

247,315

 

For the year ended December 31, 2024, the Company reclassified $487,501,546 between accumulated earnings and paid-in-capital, respectively on the Consolidated Statement of Assets and Liabilities, including $488,077,104 related to the merger with BCIC. These reclassification entries did not impact total net assets.

The tax character of distributions paid was as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Ordinary income

 

$

115,280,678

 

 

$

97,626,676

 

 

2. Summary of Significant Accounting Policies — (continued)

As of December 31, 2024 and December 31, 2023, the tax components of accumulated net earnings (losses) were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Undistributed Ordinary Income

 

$

15,180,444

 

 

$

6,611,456

 

Non-Expiring Capital Loss Carryforwards (1) (2)

 

 

(636,962,720

)

 

 

(206,680,323

)

Net Unrealized Gains (Losses) (3)

 

 

(324,236,596

)

 

 

(80,030,609

)

Total Accumulated Earnings (Loss)

 

$

(946,018,872

)

 

$

(280,099,476

)

______________

(1) Amount available to offset future realized capital gains.

(2) Amount subject to limitations.

(3) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, amortization methods on fixed income securities, accounting for swap agreements and the accrual of income on securities in default.

As of December 31, 2024 and December 31, 2023, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Tax Cost

 

$

2,120,958,894

 

 

$

1,631,931,217

 

 

 

 

 

 

 

Gross Unrealized Appreciation

 

$

165,148,618

 

 

$

65,463,168

 

Gross Unrealized Depreciation

 

 

(489,385,214

)

 

 

(142,453,275

)

Net Unrealized Appreciation (Depreciation)

 

$

(324,236,596

)

 

$

(76,990,107

)

 

On March 18, 2024, the Company completed its previously announced Merger with BCIC. Pursuant to the Merger Agreement, BCIC was merged with and into Merger Sub, with Merger Sub continuing as the surviving company and as a subsidiary of SVCP. The Merger was considered a tax-free reorganization and the Company has elected to carry forward the historical cost basis of the acquired BCIC investments for tax purposes. As a result of the Merger, BCIC’s separate existence ceased.

 

Important Tax Information (Unaudited)

The fund hereby designates the following amounts, or maximum amounts allowable by law, as interest-related dividends eligible for exemption from U.S. withholding tax for nonresident aliens and foreign corporations for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Interest Related Dividends for Non-U.S. Residents

 

$

93,545,085

 

The Fund hereby designates the following amount, or maximum amount allowable by law, as interest income eligible to be treated as a Section 163(j) interest dividend for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Section 163(j) Interest Dividends

 

 

114,034,527

 

The following amount, or maximum amount allowable by law, is hereby designated as qualified dividend income for individuals for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Qualified Dividend Income

 

$

361,338

 

 

2. Summary of Significant Accounting Policies — (continued)

The following percentage, or maximum percentage allowable by law, of ordinary income distributions paid during the fiscal year ended December 31, 2024 qualified for the dividends-received deduction for corporate shareholders:

 

 

 

December 31, 2024

 

Dividends-Received Deduction

 

 

0.31

%

 

Recent Accounting Pronouncements

The Company considers the applicability and impact of all accounting standard updates (“ASU”) issued by the Financial Accounting Standards Board (the “FASB”). ASUs not listed were assessed by the Company and either determined to be not applicable or expected to have minimal impact on its consolidated financial statements.

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which enhances disclosure requirements about significant segment expenses that are regularly provided to the chief operating decision maker (the “CODM”). ASU 2023-07, among other things, (i) requires a single segment public entity to provide all of the disclosures as required by ASC 280, (ii) requires a public entity to disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources and (iii) provides the ability for a public entity to elect more than one performance measure. ASU 2023-07 is effective for the fiscal years beginning after December 15, 2023, and interim periods beginning with the first quarter ended March 31, 2025. Early adoption is permitted and retrospective adoption is required for all prior periods presented. The Company has adopted ASU 2023-07 effective December 31, 2024 and concluded that the application of this guidance did not have any material impact on its consolidated financial statements. See Note 13 for more information on the adoption of ASU 2023-07.

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which intends to improve the transparency of income tax disclosures. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Company is currently assessing the impact of this guidance, however, the Company does not expect a material impact on its consolidated financial statements.

v3.25.0.1
Management Fees, Incentive Fees and Other Expenses
 12 Months Ended
Dec. 31, 2024
Management Fees Incentive Fees And Other Expenses [Abstract]  
Management Fees Incentive Fees And Other Expenses

3. Management Fees, Incentive Fees and Other Expenses

On February 8, 2019, the shareholders of the Company approved an amended investment management agreement to be effective on February 9, 2019 between the Company and the Advisor which (i) reduced the base management fee on total assets (excluding cash and cash equivalents) that exceed an amount equal to 200% of the net asset value of the Company from 1.50% to 1.00%, (ii) reduced the incentive compensation on net investment income and net realized gains (reduced by any net unrealized losses) from 20% to 17.5% and (iii) reduced the cumulative total return hurdle from 8% to 7%.

Accordingly, the Company’s base management fee was calculated at an annual rate of 1.50% on total assets (excluding cash and cash equivalents) up to an amount equal to 200% of the net asset value of the Company, and 1.00% thereafter. The base management fee is calculated on a consolidated basis as of the beginning of each quarter and is payable to the Advisor quarterly in arrears.

In connection with the Merger, the Company and the Advisor entered into an amended and restated investment advisory agreement (the “Amended and Restated Investment Advisory Agreement”) that became effective at the Closing, pursuant to which the Advisor reduced its base management fee rate for managing the Company from 1.50% to 1.25% on assets equal to or below 200% of the net asset value of the Company with no change to the basis of calculation. Prior to the Closing, the Advisor's base management fee rate for managing the Company was 1.50% on assets equal to or below 200% of the net asset value of the Company. The base management fee rate on assets that exceed 200% of the net asset value of the Company remains 1.00%. The base management fee is calculated on a consolidated basis as of the beginning of each quarter and is payable to the Advisor quarterly in arrears.

In connection with the Merger, the Company also entered into a fee waiver agreement with the Advisor (the “Fee Waiver Agreement”). The Fee Waiver Agreement provides that the Advisor will waive all or a portion of its advisory fees to the extent the adjusted net investment income of the Company on a per share basis (determined by dividing the adjusted net investment income of the Company by the weighted average outstanding shares of the Company during the relevant quarter) is less than $0.32 per share in any of the first four (4) fiscal quarters ending after the Closing (the first of which will be the quarter in which the Closing occurred) to the extent there are sufficient advisory fees to cover such deficit (the waiver amount in a given quarter cannot exceed the total advisory fees for such quarter). For the year ended December 31, 2024, no advisory fee waiver was required.

Incentive compensation is only incurred to the extent the Company’s cumulative total return (after incentive compensation) exceeds a 7% annual rate on daily weighted-average contributed common equity. Subject to that limitation, incentive compensation is calculated on ordinary income (before incentive compensation) and net realized gains (net of any unrealized depreciation) at rates of 17.5% on income since the fee reduction on February 8, 2019 and 20% previously. Incentive compensation is computed as the difference between incentive compensation earned and incentive compensation paid, subject to the total return hurdle, on a cumulative basis since January 1, 2013, and is payable quarterly in arrears. As of December 31, 2024, the Company's cumulative total return did not exceed the total return hurdle and, as a result, no incentive compensation was accrued for the three months ended December 31, 2024.

In connection with the Merger, the Company and the Advisor agreed that, for the purposes of calculating adjusted net investment income and for purposes of incentive fee calculations under the Amended and Restated Investment Advisory Agreement, any amortization of original issue discount to interest income or any gains and losses resulting solely from accounting adjustments to the cost basis of the BCIC assets acquired in the Merger as required under applicable accounting guidance under ASC 805 will be excluded.

A reserve for incentive compensation is accrued based on the amount of any additional incentive compensation that would have been payable to the Advisor assuming a hypothetical liquidation of the Company at net asset value on the balance sheet date. As of December 31, 2024 and December 31, 2023, no such reserve was accrued.

The Company bears all expenses incurred in connection with its business, including fees and expenses of outside contracted services, such as custodian, administrative, legal, audit and tax preparation fees, costs of valuing investments, insurance costs, brokers’ and finders’ fees relating to investments, and any other transaction costs associated with the purchase and sale of investments.
v3.25.0.1
Debt
 12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Debt

4. Debt

Debt is comprised of unsecured notes due December 2025 originally issued by BCIC and assumed by Merger Sub (the “2025 Notes”) as of the Closing, unsecured notes due February 2026 issued by the Company (the “2026 Notes”), unsecured notes due May 2029 issued by the Company (the “2029 Notes”), amounts outstanding under a senior secured revolving, multi-currency credit facility entered into by SVCP (the “Operating Facility”), amounts outstanding under a senior secured revolving credit facility entered into by TCPC Funding II (“Funding Facility II”), amounts outstanding under a senior secured revolving credit facility originally entered into by BCIC and assumed by Merger Sub (“Merger Sub Facility”), and debentures guaranteed by the SBA (the “SBA Debentures”). Prior to being repaid on March 1, 2022, debt included $140.0 million in convertible senior unsecured notes due March 2022 issued by the Company (the "2022 Convertible Notes"). Prior to being repaid on August 23, 2024, debt included $250.0 million in senior unsecured notes due August 2024 issued by the Company (the "2024 Notes").

Total debt outstanding and available at December 31, 2024 was as follows:

 

 

 

Maturity

 

Rate

 

 

Carrying
Value (1)

 

 

Available

 

 

Total
Capacity

 

 

Operating Facility

 

2029

 

SOFR+2.00%

(2)

 

$

120,670,788

 

 

$

179,329,212

 

 

$

300,000,000

 

(3)

Funding Facility II

 

2027

 

SOFR+2.05%

(4)

 

 

75,000,000

 

 

 

125,000,000

 

 

 

200,000,000

 

(5)

Merger Sub Facility(6)

 

2028

 

SOFR+2.00%

(7)

 

 

60,000,000

 

 

 

205,000,000

 

 

 

265,000,000

 

(8)

SBA Debentures

 

2025−2031

 

2.45%

(9)

 

 

131,500,000

 

 

 

10,000,000

 

 

 

141,500,000

 

 

2025 Notes ($92 million par)(6)

 

2025

 

Fixed/Variable

(10)

 

 

92,000,000

 

 

 

—

 

 

 

92,000,000

 

 

2026 Notes ($325 million par)

 

2026

 

2.85%

 

 

 

325,398,402

 

 

 

—

 

 

 

325,398,402

 

 

2029 Notes ($325 million par)

 

2029

 

6.95%

 

 

 

321,745,636

 

 

 

—

 

 

 

321,745,636

 

 

Total leverage

 

 

 

 

 

 

 

1,126,314,826

 

 

$

519,329,212

 

 

$

1,645,644,038

 

 

Unamortized issuance costs

 

 

 

 

 

 

 

(7,974,601

)

 

 

 

 

 

 

 

Debt, net of unamortized issuance costs

 

 

 

 

 

 

$

1,118,340,225

 

 

 

 

 

 

 

 

 

(1)
Except for the 2026 Notes and 2029 Notes all carrying values are the same as the principal amounts outstanding.
(2)
As of December 31, 2024, $113.0 million of the outstanding amount was subject to a SOFR credit adjustment of 0.10%. $7.7 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00%.
(3)
Operating Facility includes a $100.0 million accordion which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions.
(4)
Subject to certain funding requirements and a SOFR credit adjustment of 0.15%.
(5)
Funding Facility II includes a $50.0 million accordion which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions.
(6)
Debt assumed by the Company as a result of the Merger with BCIC.
(7)
The applicable margin for SOFR-based borrowings could be either 1.75% or 2.00% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If Merger Sub elects to borrow based on the alternate base rate, the applicable margin could be either 0.75% or 1.00% depending on a ratio of the borrowing base to certain committed indebtedness.
(8)
Merger Sub Facility includes a $60.0 million accordion which allows for expansion of the facility to up to $325.0 million subject to consent from the lender and other customary conditions.
(9)
Weighted-average interest rate, excluding fees of 0.35% or 0.36%.
(10)
The 2025 Notes consist of two tranches: $35.0 million aggregate principal amount with a fixed interest rate of 6.85% and $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

Total debt outstanding and available at December 31, 2023 was as follows:

 

 

 

Maturity

 

Rate

 

 

Carrying
Value (1)

 

 

Available

 

 

Total
Capacity

 

 

Operating Facility

 

2026

 

SOFR+2.00%

(2)

 

$

163,168,808

 

 

$

136,831,192

 

 

$

300,000,000

 

(3)

Funding Facility II

 

2027

 

SOFR+2.05%

(4)

 

 

100,000,000

 

 

 

100,000,000

 

 

 

200,000,000

 

(5)

SBA Debentures

 

2024−2031

 

2.52%

(6)

 

 

150,000,000

 

 

 

10,000,000

 

 

 

160,000,000

 

 

2024 Notes ($250 million par)

 

2024

 

3.90%

 

 

 

249,596,009

 

 

 

—

 

 

 

249,596,009

 

 

2026 Notes ($325 million par)

 

2026

 

2.85%

 

 

 

325,791,013

 

 

 

—

 

 

 

325,791,013

 

 

Total leverage

 

 

 

 

 

 

 

988,555,830

 

 

$

246,831,192

 

 

$

1,235,387,022

 

 

Unamortized issuance costs

 

 

 

 

 

 

 

(3,355,221

)

 

 

 

 

 

 

 

Debt, net of unamortized issuance costs

 

 

 

 

 

 

$

985,200,609

 

 

 

 

 

 

 

 

 

(1)
Except for the 2024 Notes and the 2026 Notes, all carrying values are the same as the principal amounts outstanding.

4. Debt — (continued)

(2)
As of December 31, 2023, $155.0 million of the outstanding amount was subject to a SOFR credit adjustment of 0.11%. $8.2 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00%.
(3)
Operating Facility includes a $100.0 million accordion which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions.
(4)
Subject to certain funding requirements and a SOFR credit adjustment of 0.15%.
(5)
Funding Facility II includes a $50.0 million accordion which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions.
(6)
Weighted-average interest rate, excluding fees of 0.35% or 0.36%.

The combined weighted-average interest rates on total debt outstanding at December 31, 2024 and December 31, 2023 were 5.19% and 4.29%, respectively.

Total expenses related to debt included the following:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Interest expense

 

$

66,160,351

 

 

$

43,953,502

 

 

$

35,516,749

 

Amortization of deferred debt issuance costs

 

 

4,678,811

 

 

 

3,037,427

 

 

 

3,011,599

 

Commitment fees

 

 

1,324,880

 

 

 

819,811

 

 

 

830,548

 

Total

 

$

72,164,042

 

 

$

47,810,740

 

 

$

39,358,896

 

 

Outstanding debt is carried at amortized cost in the Consolidated Statements of Assets and Liabilities. As of December 31, 2024, the estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures approximated their carrying values and the estimated fair value of the Merger Sub Facility was $55.5 million. The 2025 Notes, the 2026 Notes and the 2029 Notes had estimated fair values of $92.7 million, $315.9 million and $338.8 million, respectively. As of December 31, 2023, the estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures approximated their carrying values, and the 2024 Notes and the 2026 Notes had estimated fair values of $246.0 million and $303.9 million, respectively. The estimated fair values of the Operating Facility, Funding Facility II and the SBA Debentures were determined by discounting projected remaining payments using market interest rates for borrowings of the Company and entities with similar credit risks at the measurement date. The estimated fair value of the Merger Sub Facility was derived by taking the average of the high and low quotes as obtained from a broker. The estimated fair values of the 2024 Notes, 2026 Notes and 2029 Notes were determined using market quotations, and the estimated fair value of the 2025 Notes was derived by an independent valuation firm. The estimated fair values of the Operating Facility, Funding Facility II, Merger Sub Facility, 2024 Notes, 2025 Notes, 2026 Notes, 2029 Notes and SBA Debentures as prepared for disclosure purposes were deemed to be Level 3 in the GAAP valuation hierarchy.

Convertible Unsecured Notes

On August 30, 2016, the Company issued $140.0 million of convertible senior unsecured notes, which matured on March 1, 2022. The 2022 Convertible Notes were general unsecured obligations of the Company, and ranked structurally junior to the Operating Facility, Funding Facility II and the SBA Debentures. The Company did not have the right to redeem the 2022 Convertible Notes prior to maturity. The 2022 Convertible Notes bore interest at an annual rate of 4.625%, paid semi-annually. In certain circumstances, the 2022 Convertible Notes could have been converted into cash, shares of the Company’s common stock or a combination of cash and shares of common stock (such combination to be at the Company’s election), at an initial conversion rate of 54.5019 shares of common stock per one thousand dollar principal amount of the 2022 Convertible Notes, which is equivalent to an initial conversion price of approximately $18.35 per share of common stock, subject to customary anti-dilutional adjustments. The initial conversion price was approximately 10.0% above the $16.68 per share closing price of the Company’s common stock on August 30, 2016. Prior to its maturity on March 1, 2022, the principal amount of the 2022 Convertible Notes exceeded the value of the conversion rate multiplied by the per share closing price of the Company’s common stock. Therefore, no additional shares were added to the calculation of diluted earnings per common share and weighted average common shares outstanding.

The 2022 Convertible Notes were accounted for in accordance with ASC Topic 470-20 – Debt with Conversion and Other Options. Upon conversion of any of the 2022 Convertible Notes, the Company intended to pay the outstanding principal amount in cash and, to the extent that the conversion value exceeds the principal amount, had the option to pay the excess amount in cash or shares of the Company’s common stock (or a combination of cash and shares), subject to the requirements of the respective indenture.

Prior to the adoption of ASU 2020-06, the Company had determined that the embedded conversion options in 2022 Convertible Notes were not required to be separately accounted for as derivatives under GAAP. At the time of issuance the estimated values of the debt and equity components of the 2022 Convertible Notes were approximately 97.6% and 2.4%, respectively. During the year ended December 31, 2022, the Company adopted ASU 2020-06 using the modified retrospective basis. In accordance with this guidance, the Company recombined the equity conversion component of our 2022 Convertible Notes outstanding, and accounted for the 2022.

4. Debt — (continued)

Convertible Notes as a single liability measured at amortized cost. This resulted in a cumulative decrease to additional paid in capital of $3.3 million, partially offset by a decrease to accumulated loss of $3.2 million as of January 1, 2022 (see Note 2).

Prior to the close of business on the business day immediately preceding September 1, 2021, holders were permitted to convert their 2022 Convertible Notes only under certain circumstances set forth in the indenture governing the terms of the 2022 Convertible Notes. On or after September 1, 2021 until the close of business on the scheduled trading day immediately preceding March 1, 2022, holders may have converted their 2022 Convertible Notes at any time. Upon conversion, the Company would pay or deliver, as the case may be, at its election, cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, subject to the requirements of the indenture. No notes were converted prior to the notes maturing on March 1, 2022.

The original issue discounts equal to the equity components of the 2022 Convertible Notes were recorded in “paid-in capital in excess of par” in the accompanying Consolidated Statements of Assets and Liabilities. As a result, the Company records interest expense comprised of both stated interest and amortization of the original issue discounts. At the time of issuance, the equity components of the 2022 Convertible Notes were $3.3 million.

 

For the years ended December 31, 2024, 2023 and 2022, the components of interest expense for the convertible notes were as follows:

 

 

 

Year Ended December 31,

 

 

2024

 

2023

 

2022

 

Stated interest expense

 

NA

 

NA

 

$

1,079,167

 

Amortization of original issue discount

 

NA

 

NA

 

 

—

 

Total interest expense

 

NA

 

NA

 

$

1,079,167

 

 

The estimated effective interest rate of the debt component of the 2022 Convertible Notes, equal to the stated interest of 4.625% plus the accretion of the original issue discount, was approximately 5.125% for the year ended December 31, 2022. The Company adopted ASU 2020-06 under the modified retrospective basis as of January 1, 2022. As a result of the adoption, the Company did not recognize any amortization of original discount on the 2022 Convertible Notes during the year ended December 31, 2022 (see Note 2).

 

Unsecured Notes

On August 23, 2019, the Company issued $150.0 million of unsecured notes. On November 26, 2019, the Company issued an additional $50.0 million of the 2024 Notes and on October 2, 2020, the Company issued an additional $50.0 million of the 2024 Notes for a total outstanding aggregate principal amount of $250.0 million. The 2024 Notes were issued at a discount to the principal amount and bore interest at an annual rate of 3.900%, payable semi-annually. On August 23, 2024, the 2024 Notes matured and all principal was repaid.

4. Debt — (continued)

On February 9, 2021, the Company issued $175.0 million of unsecured notes that mature on February 9, 2026, unless previously repurchased or redeemed in accordance with their terms. The 2026 Notes were issued at a discount to the principal amount. On August 27, 2021, the Company issued an additional $150.0 million of the 2026 Notes, at a premium to par, for a total outstanding aggregate principal amount of $325.0 million. The 2026 Notes bear interest at an annual rate of 2.850%, payable semi-annually, and all principal is due upon maturity. The 2026 Notes may be redeemed in whole or part at the Company's option at a redemption price equal to par plus a "make whole" premium, as determined pursuant to the indenture governing the 2026 Notes, and any accrued and unpaid interest.

On March 18, 2024, Merger Sub entered into an assumption agreement (the “Note Assumption Agreement”), effective as of the Closing. The Note Assumption Agreement relates to Merger Sub’s assumption of (a) $35.0 million aggregate principal amount of BCIC’s 6.85% Series 2022A Senior Notes, Tranche A, due December 9, 2025 (the “Tranche A Notes”) and (b) $57.0 million aggregate principal amount of BCIC’s Floating Rate Series 2022A Senior Notes, Tranche B due December 9, 2025 (the “Tranche B Notes” and, collectively with the Tranche A Notes, the “2025 Notes”) and other obligations of BCIC under the Master Note Purchase Agreement, dated as of April 21, 2022 (as amended by the First Amendment to the Master Note Purchase Agreement, dated as of March 13, 2024 (the “First Amendment”), and as further amended, supplemented or otherwise modified from time to time, the “Note Purchase Agreement”), among BCIC and certain institutional investors.

Pursuant to the Note Assumption Agreement, Merger Sub expressly assumed on behalf of BCIC the due and punctual payment of the principal of (and premium, if any) and interest on all the 2025 Notes outstanding, and the due and punctual performance and observance of every covenant and every condition of the Note Purchase Agreement and the 2025 Notes, to be performed or observed by BCIC.

The Tranche A Notes bear interest at a fixed rate equal to 6.85% per annum (which was increased from 5.82% per annum effective as of the Closing) that is payable semi-annually. The Tranche B Notes bear interest at a rate equal to the SOFR plus 3.14% that is payable quarterly. The 2025 Notes will be due on December 9, 2025 unless redeemed, purchased or prepaid prior to such date by Merger Sub or its affiliates in accordance with their terms. Merger Sub may prepay the 2025 Notes at its option, subject to a prepayment premium, in an amount equal to 1% on or before June 9, 2024, 0.5% after June 9, 2024 but on or before June 9, 2025 and zero after June 9, 2025. In addition, Merger Sub will be obligated to offer to repay the 2025 Notes at par if certain change in control events occur.

On May 30, 2024, the Company issued $325.0 million of unsecured notes that mature on May 30, 2029, unless previously repurchased or redeemed in accordance with their terms. The 2029 Notes were issued at a discount to the principal amount. The 2029 Notes bear interest at an annual rate of 6.95%, payable semi-annually, and all principal is due upon maturity. The 2029 Notes may be redeemed in whole or part at the Company's option at a redemption price equal to par plus a "make whole" premium, as determined pursuant to the indenture governing the 2029 Notes, and any accrued and unpaid interest.

As of December 31, 2024 and December 31, 2023, the components of the carrying value of 2024 Notes, 2025 Notes, 2026 Notes and 2029 Notes were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

2024 Notes

 

2025 Notes

 

 

2026 Notes

 

 

2029 Notes

 

 

2024 Notes

 

 

2026 Notes

 

Principal amount of debt

 

N/A

 

$

92,000,000

 

 

$

325,000,000

 

 

$

325,000,000

 

 

$

250,000,000

 

 

$

325,000,000

 

Original issue (discount)/ premium, net of accretion

 

N/A

 

 

—

 

 

 

398,402

 

 

 

(3,254,364

)

 

 

(403,991

)

 

 

791,013

 

Carrying value of debt

 

N/A

 

$

92,000,000

 

 

$

325,398,402

 

 

$

321,745,636

 

 

$

249,596,009

 

 

$

325,791,013

 

 

4. Debt — (continued)

For the years ended December 31, 2024, 2023 and 2022, the components of interest expense for the 2022 Notes, 2024 Notes, 2025 Notes, 2026 Notes and 2029 Notes were as follows:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2024 Notes

 

 

2025 Notes

 

 

2026 Notes

 

 

2029 Notes

 

 

2024 Notes

 

 

2026 Notes

 

 

2024 Notes

 

 

2026 Notes

 

Stated interest expense

 

$

6,283,333

 

 

$

5,695,845

 

 

$

9,262,500

 

 

$

13,176,042

 

 

$

9,750,000

 

 

$

9,262,500

 

 

$

9,750,000

 

 

$

9,262,500

 

Amortization of original issue discount/ (premium)

 

 

403,991

 

 

 

—

 

 

 

(392,611

)

 

 

359,636

 

 

 

598,483

 

 

 

(383,721

)

 

 

574,357

 

 

 

(375,092

)

Total interest expense

 

$

6,687,324

 

 

$

5,695,845

 

 

$

8,869,889

 

 

$

13,535,678

 

 

$

10,348,483

 

 

$

8,878,779

 

 

$

10,324,357

 

 

$

8,887,408

 

 

Operating Facility

The Operating Facility consists of a revolving, multi-currency credit facility which provides for amounts to be drawn up to $300.0 million, subject to certain collateral and other restrictions. The Operating Facility includes a $100.0 million accordion feature which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions. Most of the cash and investments held directly by SVCP, as well as the assets of TCPC Funding and 36th Street Capital Partners Holdings, LLC, are included in the collateral for the facility.

On June 22, 2021, the Operating Facility was amended to (i) extend the maturity date by two years from May 6, 2024 to May 6, 2026, (ii) change the interest rate applicable to borrowings to (a) LIBOR plus an applicable margin equal to either 1.75% or 2.00%, or (b) in the case of ABR borrowings, generally the prime rate in effect plus an applicable margin of either 0.75% or 1.00% depending on a ratio of the borrowing base to the facility commitments in both cases, and (iii) reduce commitment fees on the undrawn portion of the Operating Facility above the minimum utilization amount from 0.50% per annum to 0.375% per annum. Undrawn portions of the Operating Facility below the minimum utilization amount continued to accrue commitment fees at a rate of 0.50% per annum until March 1, 2022, the date on which the March 2022 Convertible Notes were terminated in full, after which time they accrue at a rate of 2.00% per annum.

On June 15, 2023, the Operating Facility was amended to update the terms of the interest rate from LIBOR to SOFR plus a credit spread adjustment of 0.11%, plus a margin equal to either 1.75% or 2.00%, depending on a ratio of the borrowing base to the facility commitments.

On August 1, 2024, the Operating Facility was amended to (i) extend the expiration date of the Operating Facility and the maturity date with respect to loans made thereunder from May 6, 2025 and May 6, 2026 to August 1, 2028 and August 1, 2029, respectively, (ii) delete references to the 2022 Notes, (iii) remove certain borrowing base restrictions, (iv) lower the SOFR credit spread adjustment to 0.10% for one month contracts and 0.15% for three month contracts, respectively, (v) update the minimum amount of stockholder’s equity figure, (vi) update the “change in control” provisions to account for personnel changes and structuring variations and (vii) update certain mechanical/administrative provisions, including provisions for replacing CDOR and other reference rates. The Operating Facility may be terminated, and any outstanding amounts there under may become due and payable, should SVCP fail to satisfy certain financial or other covenants. As of December 31, 2024, SVCP was in full compliance with such covenants.

Funding Facility II

Funding Facility II is a senior secured revolving credit facility which provides for amounts to be drawn up to $200.0 million, subject to certain collateral and other restrictions. The facility contains an accordion feature which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions. The cash and investments of TCPC Funding II are included in the collateral for the facility.

Borrowings under Funding Facility II bore interest at a rate of LIBOR plus 2.00% per annum, subject to certain funding requirements, plus a 0.35% fee on drawn amounts and an agency fee of 0.15% per annum on the facility. The facility also accrued commitment fees of 0.35% per annum on the unused portion of the facility.

Since February 28, 2023, borrowings under Funding Facility II bore interest at a rate of SOFR plus a credit spread adjustment of 0.15%, plus a margin of 2.00% per annum, which is subject to increase after the end of the revolving period or under other customary circumstances. The facility also accrues a 0.35% fee on drawn amounts and an agency fee of 0.15% per annum on the facility. The facility also accrues commitment fees of 0.35% per annum on the unused portion of the facility.

4. Debt — (continued)

On August 4, 2023, the Funding Facility II was amended to extend the maturity date from August 4, 2025 to August 4, 2027, and updated interest to a rate of SOFR plus a credit spread adjustment of 0.15%, plus a margin of 2.05%. The facility may be terminated, and any outstanding amounts thereunder may become due and payable, should TCPC Funding II fail to satisfy certain financial or other covenants. As of December 31, 2024, TCPC Funding II was in full compliance with such covenants.

Merger Sub Facility

On March 18, 2024, Merger Sub entered into an assumption agreement (the “Credit Assumption Agreement”), effective as of the Closing. The Credit Assumption Agreement relates to Merger Sub’s assumption of that certain Second Amended and Restated Senior Secured Revolving Credit Agreement, originally entered into on February 19, 2016, as amended as of August 8, 2016, June 5, 2017, March 15, 2018, August 30, 2019, May 22, 2020, April 23, 2021, April 26, 2023 and September 6, 2023 (as further amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Merger Sub Facility"), by and among BCIC (the "Initial Borrower"), Citibank, N.A., as administrative agent and the other parties thereto. The Merger Sub Facility provides for amounts to be drawn up to $265.0 million, by which Merger Sub may seek an increase in the commitments to $325.0 million in the aggregate (subject to satisfaction of certain conditions, including obtaining commitments). The Merger Sub Facility matures on September 6, 2028. Amounts outstanding under the Merger Sub Facility bear interest at a rate based on, at Merger Sub’s election, (i) in the case of ABR loans, a base reference rate equal to the highest of (a) the federal funds effective rate plus 0.50%, (b) the "Prime Rate" in effect on such day and (c) the adjusted term SOFR rate plus 1.00%, plus a margin ranging from 0.75% to 1.00% per annum, in the case of ABR loans, and 1.75% to 2.00% per annum, in the case of eurocurrency loans or SOFR loans, (ii) in the case of eurocurrency loans, a rate per annum equal to the adjusted CDOR rate or the adjusted EURIBOR rate, for loans denominated in Canadian dollars or in euros, respectively, plus, in either case, the Applicable Margin (as defined in the Merger Sub Facility) or (iii) in the case of SOFR loans, a rate per annum equal to the adjusted term SOFR rate plus the Applicable Margin. The Merger Sub Facility is secured by all of the assets held by Merger Sub as successor to BCIC.

SBA Debentures

As of December 31, 2024, the SBIC is able to issue up to $141.5 million in SBA Debentures, subject to funded regulatory capital and other customary regulatory requirements. As of December 31, 2024, SVCP had committed $87.5 million of regulatory capital to the SBIC, all of which had been funded. SBA Debentures are non-recourse and may be prepaid at any time without penalty. Once drawn, the SBIC debentures bear an interim interest rate of SOFR plus 30 basis points. The rate then becomes fixed at the time of SBA pooling, which occurs twice each year, and is set to the then-current 10-year treasury rate plus a spread and an annual SBA charge.

SBA Debentures outstanding as of December 31, 2024 were as follows:

Issuance Date

 

Maturity

 

Debenture
Amount

 

 

Fixed
Interest
Rate

 

 

SBA
Annual
Charge

 

March 25, 2015

 

March 1, 2025

 

$

9,500,000

 

 

 

2.52

%

 

 

0.36

%

September 23, 2015

 

September 1, 2025

 

 

10,800,000

 

 

 

2.83

%

 

 

0.36

%

March 23, 2016

 

March 1, 2026

 

 

4,000,000

 

 

 

2.51

%

 

 

0.36

%

September 21, 2016

 

September 1, 2026

 

 

18,200,000

 

 

 

2.05

%

 

 

0.36

%

September 20, 2017

 

September 1, 2027

 

 

14,000,000

 

 

 

2.52

%

 

 

0.36

%

March 21, 2018

 

March 1, 2028

 

 

8,000,000

 

 

 

3.19

%

 

 

0.35

%

September 19, 2018

 

September 1, 2028

 

 

15,000,000

 

 

 

3.55

%

 

 

0.35

%

September 25, 2019

 

September 1, 2029

 

 

40,000,000

 

 

 

2.28

%

 

 

0.35

%

September 22, 2021

 

September 1, 2031

 

 

12,000,000

 

 

 

1.30

%

 

 

0.35

%

 

 

 

 

$

131,500,000

 

 

 

2.45

%

*

 

 

 

* Weighted-average interest rate

4. Debt — (continued)

SBA Debentures outstanding as of December 31, 2023 were as follows:

 

Issuance Date

 

Maturity

 

Debenture
Amount

 

 

Fixed
Interest
Rate

 

 

SBA
Annual
Charge

 

September 24, 2014

 

September 1, 2024

 

$

18,500,000

 

 

 

3.02

%

 

 

0.36

%

March 25, 2015

 

March 1, 2025

 

 

9,500,000

 

 

 

2.52

%

 

 

0.36

%

September 23, 2015

 

September 1, 2025

 

 

10,800,000

 

 

 

2.83

%

 

 

0.36

%

March 23, 2016

 

March 1, 2026

 

 

4,000,000

 

 

 

2.51

%

 

 

0.36

%

September 21, 2016

 

September 1, 2026

 

 

18,200,000

 

 

 

2.05

%

 

 

0.36

%

September 20, 2017

 

September 1, 2027

 

 

14,000,000

 

 

 

2.52

%

 

 

0.36

%

March 21, 2018

 

March 1, 2028

 

 

8,000,000

 

 

 

3.19

%

 

 

0.35

%

September 19, 2018

 

September 1, 2028

 

 

15,000,000

 

 

 

3.55

%

 

 

0.35

%

September 25, 2019

 

September 1, 2029

 

 

40,000,000

 

 

 

2.28

%

 

 

0.35

%

September 22, 2021

 

September 1, 2031

 

 

12,000,000

 

 

 

1.30

%

 

 

0.35

%

 

 

 

$

150,000,000

 

 

 

2.52

%

*

 

 

 

* Weighted-average interest rate
v3.25.0.1
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk
 12 Months Ended
Dec. 31, 2024
Commitments Contingencies Concentration Of Credit Risk And Off Balance Sheet Risk [Abstract]  
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk

5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk

SVCP, TCPC Funding, TCPC Funding II, Merger Sub and the SBIC conduct business with brokers and dealers that are primarily headquartered in New York and Los Angeles and are members of the major securities exchanges. Banking activities are conducted with a firm headquartered in the San Francisco area and in New York.

In the normal course of business, investment activities involve executions, settlement and financing of various transactions resulting in receivables from, and payables to, brokers, dealers and the custodian. These activities may expose the Company to risk in the event that such parties are unable to fulfill contractual obligations. Management does not anticipate any material losses from counterparties with whom it conducts business. Consistent with standard business practice, the Company, SVCP, TCPC Funding, TCPC Funding II, Merger Sub and the SBIC enter into contracts that contain a variety of indemnifications, and are engaged from time to time in various legal actions. The maximum exposure under these arrangements and activities is unknown. However, management expects the risk of material loss to be remote.

 

 

 

5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued)

The Consolidated Schedules of Investments include certain revolving loan facilities and other commitments with unfunded balances at December 31, 2024 and December 31, 2023 as follows:

 

 

 

 

 

Unfunded Balances

 

Issuer

 

Maturity

 

December 31, 2024

 

 

December 31, 2023

 

2-10 Holdco, Inc.

 

3/26/2026

 

$

—

 

 

$

723,670

 

Accordion Partners LLC

 

11/15/2031

 

 

984,286

 

 

NA

 

Accordion Partners LLC

 

11/15/2031

 

 

656,191

 

 

NA

 

Accordion Partners LLC

 

8/31/2028

 

NA

 

 

 

111,925

 

Accuserve Solutions, Inc.

 

3/15/2030

 

 

2,273,092

 

 

NA

 

Acquia, Inc.

 

11/1/2025

 

 

832,182

 

 

 

960,792

 

Alcami Corporation

 

12/21/2028

 

NA

 

 

 

546,266

 

Alcami Corporation

 

12/21/2028

 

 

1,080,091

 

 

 

874,025

 

AlphaSense, Inc.

 

6/27/2029

 

 

4,641,664

 

 

NA

 

Alpine Acquisition Corp II (48Forty)

 

11/30/2026

 

 

483,992

 

 

 

71,628

 

AmeriLife Holdings, LLC

 

8/31/2028

 

 

742,492

 

 

NA

 

AmeriLife Holdings, LLC

 

8/31/2029

 

NA

 

 

 

76,212

 

AmeriLife Holdings, LLC

 

8/31/2028

 

NA

 

 

 

227,273

 

Applause App Quality, Inc.

 

9/20/2025

 

NA

 

 

 

1,133,535

 

Applause App Quality, Inc.

 

10/24/2029

 

 

1,307,719

 

 

NA

 

Appriss Health, LLC (PatientPing)

 

5/6/2027

 

 

736,257

 

 

 

544,531

 

Aras Corporation

 

4/13/2029

 

 

727,344

 

 

 

116,311

 

Avalara, Inc.

 

10/19/2028

 

 

270,000

 

 

 

45,000

 

Backoffice Associates Holdings, LLC (Syniti)

 

4/30/2026

 

NA

 

 

 

428,647

 

Bluefin Holding, LLC (Allvue)

 

9/12/2029

 

 

762,821

 

 

 

89,744

 

Bonterra LLC (fka CyberGrants Holdings, LLC)

 

9/8/2027

 

 

200,000

 

 

 

194,444

 

Bynder Bidco B.V. (Netherlands)

 

1/26/2029

 

 

1,259,424

 

 

 

882,000

 

Bynder Bidco, Inc. (Netherlands)

 

1/26/2029

 

 

346,984

 

 

 

243,000

 

CareATC, Inc.

 

3/14/2026

 

 

945,362

 

 

 

607,288

 

Clever Devices Ltd.

 

6/12/2030

 

 

441,176

 

 

NA

 

Community Merger Sub Debt LLC (CINC Systems)

 

1/18/2030

 

 

428,571

 

 

NA

 

Crewline Buyer, Inc. (New Relic)

 

11/8/2030

 

 

163,522

 

 

 

81,761

 

CSG Buyer, Inc. (Core States)

 

3/31/2028

 

NA

 

 

 

2,921,165

 

CSG Buyer, Inc. (Core States)

 

3/31/2028

 

NA

 

 

 

1,460,583

 

Disco Parent, Inc. (Duck Creek Technologies)

 

3/30/2029

 

 

604,041

 

 

 

90,909

 

DNAnexus, Inc

 

12/20/2029

 

 

18,375,000

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

3,648,967

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

3,317,243

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

1,589,628

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

1,326,897

 

 

NA

 

e-Discovery Acquireco, LLC (Reveal)

 

8/29/2029

 

 

748,071

 

 

 

83,333

 

Emerald Technologies (U.S.) AcquisitionCo, Inc.

 

12/29/2026

 

 

829,369

 

 

 

531,907

 

ESO Solutions, Inc.

 

5/3/2027

 

 

709,962

 

 

 

700,111

 

Fusion Holding Corp. (Finalsite)

 

9/15/2027

 

 

299,035

 

 

 

37,736

 

Fusion Risk Management, Inc.

 

5/22/2029

 

 

642,857

 

 

 

107,143

 

GTY Technology Holdings Inc.

 

7/9/2029

 

 

1,016,653

 

 

NA

 

GTY Technology Holdings Inc.

 

7/9/2029

 

 

394,917

 

 

 

41,538

 

Honey Intermediate, Inc. (iLobby) (Canada)

 

9/26/2030

 

 

2,352,941

 

 

NA

 

Huckabee Acquisition, LLC (MOREgroup)

 

1/16/2030

 

 

322,581

 

 

NA

 

Huckabee Acquisition, LLC (MOREgroup)

 

1/16/2030

 

 

193,548

 

 

NA

 

ICIMS, Inc.

 

8/18/2028

 

NA

 

 

 

886,195

 

ICIMS, Inc.

 

8/18/2028

 

 

1,160,129

 

 

 

330,556

 

Integrate.com, Inc.

 

12/17/2027

 

 

14,000

 

 

 

10,000

 

Integrity Marketing Acquisition, LLC

 

8/27/2026

 

NA

 

 

 

10,254,564

 

Integrity Marketing Acquisition, LLC

 

8/25/2028

 

 

15,422,318

 

 

NA

 

Intercept Bidco, Inc.

 

6/3/2030

 

 

416,667

 

 

NA

 

 

 

5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued)

 

 

 

 

 

Unfunded Balances

 

Issuer

 

Maturity

 

December 31, 2024

 

 

December 31, 2023

 

Intercept Bidco, Inc.

 

6/3/2030

 

 

277,778

 

 

NA

 

IT Parent, LLC (Insurance Technologies)

 

10/1/2026

 

NA

 

 

 

104,167

 

James Perse Enterprises, Inc.

 

9/8/2027

 

 

3,006,884

 

 

 

1,944,444

 

Kaseya, Inc.

 

6/25/2029

 

 

412,951

 

 

 

93,900

 

Kaseya, Inc.

 

6/25/2029

 

 

416,280

 

 

 

75,000

 

Kellermeyer Bergensons Services, LLC

 

11/6/2028

 

 

39,048

 

 

NA

 

Lighthouse Parent Holdings, Inc (Aperture)

 

12/20/2031

 

 

5,826,746

 

 

NA

 

Lighthouse Parent Holdings, Inc (Aperture)

 

12/20/2031

 

 

2,330,698

 

 

NA

 

LJ Avalon Holdings, LLC (Ardurra)

 

2/1/2030

 

NA

 

 

 

1,275,925

 

LJ Avalon Holdings, LLC (Ardurra)

 

2/1/2029

 

 

1,121,737

 

 

 

837,680

 

Logicmonitor, Inc

 

11/19/2031

 

 

50,748

 

 

NA

 

Lucky US BuyerCo, LLC (Global Payments)

 

3/30/2029

 

 

222,333

 

 

 

277,917

 

Madison Logic Holdings, Inc.

 

12/30/2027

 

 

752,321

 

 

 

1,069,947

 

Mesquite Bidco, LLC

 

11/30/2029

 

NA

 

 

 

1,585,403

 

Modigent, LLC (Pueblo)

 

8/23/2027

 

 

80,100

 

 

 

39,167

 

Modigent, LLC (Pueblo)

 

8/23/2028

 

 

1,536,784

 

 

NA

 

OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia)

 

6/3/2027

 

 

328,745

 

 

NA

 

Oranje Holdco, Inc. (KnowBe4)

 

2/1/2029

 

 

1,646,924

 

 

 

1,229,873

 

Oversight Systems, Inc.

 

9/24/2026

 

NA

 

 

 

212,667

 

Persado, Inc.

 

6/10/2027

 

 

101,431

 

 

NA

 

PHC Buyer, LLC (Patriot Home Care)

 

5/4/2028

 

NA

 

 

 

3,266,234

 

PlayPower, Inc

 

8/28/2030

 

 

1,313,131

 

 

NA

 

Pluralsight, Inc.

 

8/22/2029

 

 

3,775,409

 

 

NA

 

Pluralsight, Inc.

 

4/6/2027

 

NA

 

 

 

539,019

 

Pluralsight, Inc.

 

8/22/2029

 

 

1,849,410

 

 

NA

 

PMA Parent Holdings, LLC

 

1/31/2031

 

 

750,000

 

 

NA

 

Razor Group GmbH (Germany)

 

4/30/2025

 

NA

 

 

 

3,834,569

 

Rialto Management Group, LLC

 

12/5/2030

 

 

172,414

 

 

NA

 

Sailpoint Technologies Holdings, Inc.

 

8/16/2028

 

 

371,281

 

 

 

37,538

 

Sandata Technologies, LLC

 

7/23/2024

 

NA

 

 

 

1,050,000

 

SellerX Germany GmbH (Germany)

 

11/22/2029

 

 

1,346,022

 

 

NA

 

SellerX Germany GmbH (Germany)

 

5/23/2026

 

NA

 

 

 

5,034,506

 

SellerX Germany GmbH (Germany)

 

10/28/2026

 

 

538,409

 

 

NA

 

SEP Eiger BidCo Ltd. (Beqom) (Switzerland)

 

5/9/2028

 

 

1,460,107

 

 

 

1,601,742

 

SEP Raptor Acquisition, Inc. (Loopio) (Canada)

 

3/31/2027

 

 

1,908,116

 

 

NA

 

Serrano Parent, LLC (Sumo Logic)

 

5/13/2030

 

 

697,970

 

 

 

90,000

 

Showtime Acquisition, L.L.C. (World Choice)

 

8/7/2028

 

NA

 

 

 

1,039,117

 

Showtime Acquisition, L.L.C. (World Choice)

 

8/7/2028

 

NA

 

 

 

1,298,896

 

Skydio, Inc

 

12/4/2029

 

 

6,562,500

 

 

NA

 

Skydio, Inc

 

12/4/2029

 

 

6,562,500

 

 

NA

 

Sonny’s Enterprises, LLC

 

8/5/2027

 

 

132,940

 

 

NA

 

Spark Buyer, LLC (Sparkstone)

 

10/15/2031

 

 

4,482,759

 

 

NA

 

Spark Buyer, LLC (Sparkstone)

 

10/15/2031

 

 

2,241,379

 

 

NA

 

Spartan Bidco Pty Ltd (StarRez) (Australia)

 

1/24/2028

 

 

802,885

 

 

NA

 

SumUp Holdings Luxembourg S.A.R.L. (Luxembourg)

 

4/25/2031

 

 

8,668,407

 

 

NA

 

Superman Holdings, LLC (Foundation Software)

 

8/31/2026

 

NA

 

 

 

1,256,026

 

Thunder Purchaser, Inc. (Vector Solutions)

 

6/30/2028

 

 

5,409,810

 

 

NA

 

Titan Home Improvement, LLC (Renuity)

 

5/31/2030

 

 

348,837

 

 

NA

 

Titan Home Improvement, LLC (Renuity)

 

5/31/2030

 

 

290,698

 

 

NA

 

Trintech, Inc.

 

7/25/2029

 

 

152,143

 

 

 

43,469

 

Vortex Companies, LLC

 

9/4/2029

 

 

140,839

 

 

 

68,547

 

Wealth Enhancement Group, LLC

 

10/4/2027

 

NA

 

 

 

71,696

 

Wealth Enhancement Group, LLC

 

10/4/2027

 

NA

 

 

 

26,980

 

Xactly Corporation

 

7/31/2027

 

 

854,898

 

 

 

854,898

 

Zendesk Inc.

 

11/22/2028

 

 

1,393,091

 

 

 

95,503

 

Zendesk Inc.

 

11/22/2028

 

 

573,626

 

 

 

39,325

 

Zilliant Incorporated

 

12/21/2027

 

 

296,296

 

 

 

148,148

 

Total Unfunded Balances

 

 

$

143,915,382

 

 

$

54,556,095

 

 

5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued)

From time to time, the Company and the Advisor may be parties to certain legal proceedings incidental to the normal course of our business, including with respect to our investments in our portfolio companies. On September 13, 2023, the Company was named as a defendant, together with the Advisor and certain other funds managed by the Advisor, as well as certain other defendants, in a lawsuit filed in the United States Bankruptcy Court for the Southern District of New York. The suit relates to a third-party sponsored collateralized loan obligation in which the Company and certain other defendants invested. The suit alleges that the Company and the other defendants knew or should have known of certain fraudulent activities of the third-party manager relating to its management of the collateralized loan obligation that caused the plaintiffs to suffer investment losses. The suit seeks to recover from the Company approximately $15.1 million, plus interest, additional amounts from the other defendants, and attorneys’ fees and costs from all defendants. The Company, the affiliated funds and the Advisor intend to vigorously defend against these claims. On November 6, 2023, the Company, the affiliated funds, and the Advisor, and certain other defendants filed motions to dismiss the lawsuit, which was fully briefed on February 12, 2024 and was argued in court on March 6, 2024. On November 8, 2024, the court issued a decision, granting in part and denying in part the motion to dismiss. As a result, on December 6, 2024, the plaintiffs filed an amended complaint containing substantially similar allegations but without the claims dismissed by the court. On January 23, 2025, the Company, the Advisor and the funds managed by it, along with other defendants, filed a motion to dismiss one of the counts in the amended complaint. At this time, the Company and the Advisor cannot predict with a reasonable degree of certainty the likelihood of an unfavorable outcome, including any potential losses that could result.
v3.25.0.1
Other Related Party Transactions
 12 Months Ended
Dec. 31, 2024
Related Party Transactions [Abstract]  
Other Related Party Transactions

6. Other Related Party Transactions

The Company, SVCP, TCPC Funding, TCPC Funding II, the SBIC, Merger Sub, the Advisor and their members and affiliates may be considered related parties. From time to time, SVCP advances payments to third parties on behalf of the Company which are reimbursable through deductions from distributions to the Company. At December 31, 2024 and December 31, 2023, no such amounts were outstanding. From time to time, the Advisor advances payments to third parties on behalf of the Company and SVCP and receives reimbursement from the Company. At December 31, 2024 and December 31, 2023, amounts reimbursable to the Advisor totaled $0.9 million and $0.8 million, respectively, as reflected in the Consolidated Statements of Assets and Liabilities.

Pursuant to an administration agreement between the Administrator and the Company (the “Administration Agreement”), the Administrator may be reimbursed for costs and expenses incurred by the Administrator for office space rental, office equipment and utilities allocable to the Company, as well as costs and expenses incurred by the Administrator or its affiliates relating to any administrative, operating, or other non-investment advisory services provided by the Administrator or its affiliates to the Company. For the years ended December 31, 2024, 2023 and 2022, expenses allocated pursuant to the Administration Agreement totaled $2.4 million, $1.5 million and $1.8 million, respectively.
v3.25.0.1
Stockholders’ Equity and Dividends
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Stockholders’ Equity and Dividends

7. Stockholders’ Equity and Dividends

In accordance with the terms of the Merger Agreement, at the Closing, each outstanding share of BCIC’s common stock was converted into the right to receive 0.3834 shares (the “Exchange Ratio”) of common stock, par value $0.001 per share of the Company (with BCIC shareholders receiving cash in lieu of fractional shares of the Company’s common stock). As a result of the Merger, the Company issued 27,823,870 shares of its common stock on March 18, 2024 to former BCIC shareholders, after adjustment for BCIC shareholders receiving cash in lieu of fractional shares.

The Company’s dividends are recorded on the ex-dividend date. The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2024:

 

Date Declared

 

Record Date

 

Payment Date

 

Type

 

Amount
Per
Share

 

 

Total Amount

 

 

Reinvested Amount(1)

 

February 29, 2024

 

March 14, 2024

 

March 29, 2024

 

Regular

 

$

0.34

 

 

$

19,640,870

 

 

$

—

 

May 1, 2024

 

June 14, 2024

 

June 28, 2024

 

Regular

 

 

0.34

 

 

 

29,100,986

 

 

 

771,651

 

August 7, 2024

 

September 16, 2024

 

September 30, 2024

 

Regular

 

 

0.34

 

 

 

29,100,986

 

 

 

722,140

 

November 6, 2024

 

December 17, 2024

 

December 31, 2024

 

Regular

 

 

0.34

 

 

 

28,929,237

 

 

 

637,485

 

November 6, 2024

 

December 17, 2024

 

December 31, 2024

 

Special

 

 

0.10

 

 

 

8,508,599

 

 

 

187,495

 

 

 

 

 

 

 

 

$

1.46

 

 

$

115,280,678

 

 

$

2,318,771

 

 

(1)
Dividends reinvested through purchase of shares in the open market.

7. Stockholders’ Equity and Dividends — (continued)

In addition, the Company paid $7,257,191 of dividends payable assumed in the Merger that were declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024. Such amount was paid from BCIC cash and cash equivalents acquired by the Company in the Merger.

 

The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2023:

 

Date Declared

 

Record Date

 

Payment Date

 

Type

 

Amount
Per
Share

 

 

Total Amount

 

 

Reinvested Amount(1)

 

February 28, 2023

 

March 17, 2023

 

March 31, 2023

 

Regular

 

$

0.32

 

 

$

18,485,524

 

 

$

—

 

May 4, 2023

 

June 16, 2023

 

June 30, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

August 3, 2023

 

September 15, 2023

 

September 29, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

August 3, 2023

 

September 15, 2023

 

September 29, 2023

 

Special

 

 

0.10

 

 

 

5,776,726

 

 

 

—

 

November 2, 2023

 

December 15, 2023

 

December 29, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

November 2, 2023

 

December 15, 2023

 

December 29, 2023

 

Special

 

 

0.25

 

 

 

14,441,816

 

 

 

—

 

 

 

 

 

 

 

 

$

1.69

 

 

$

97,626,676

 

 

$

—

 

 

(1)
No dividend reinvestment plan was effective for the year ended December 31, 2023.

 

 

7. Stockholders’ Equity and Dividends — (continued)

 

Dividend Reinvestment Plan

On February 27, 2024, the Board of Directors approved a new dividend reinvestment plan (the “DRIP”) for the Company. The DRIP was effective as of, and will apply to the reinvestment of cash distributions with a record date after March 18, 2024. Under the DRIP, shareholders will automatically receive cash dividends and distributions unless they “opt in” to the DRIP and elect to have their dividends and distributions reinvested in additional shares of the Company’s common stock. Notwithstanding the foregoing, the former shareholders of BCIC that participated in the BCIC dividend reinvestment plan at the time of the Merger have been automatically enrolled in the Company’s DRIP and will have their shares reinvested in additional shares of the Company’s common stock on future distributions, unless they “opt out” of the DRIP.

To “opt in”, a shareholder shall notify Computershare Trust Company, N.A., the DRIP plan administrator (the “Plan Administrator”), in writing so that such notice is received by the Plan Administrator no later than the record date fixed by the Board of Directors for the distribution involved. The Plan Administrator will set up an account for shares acquired pursuant to the DRIP for each shareholder who has elected to participate in the DRIP (each a “Participant”). The amount of common stock to be issued to Participants pursuant to the DRIP will be calculated by reference to all shares of common stock owned by the Participant, whether held in its DRIP account or elsewhere. Common stock will be acquired by the Plan Administrator for the Participants’ accounts, through either (i) the receipt from the Company of additional unissued but authorized common stock (“newly issued common stock”) or (ii) the purchase of outstanding common stock in the open market (“open-market purchases”).

The Plan Administrator will acquire newly issued common stock on behalf of Participants if, on the distribution payment date, the closing market price per share of the Company’s common stock on the NASDAQ Global Select Market (or if no sale is reported for such day, the midpoint of the reported bid and asked prices) plus estimated per share fees (which include any applicable brokerage commissions the Plan Administrator is required to pay) (the “Market Price”) is greater than the most recently published net asset value per common stock (“NAV”) (such condition referred to as a “market premium”). The number of shares of newly issued common stock to be credited to a Participant’s account will be determined by dividing the dollar amount of the distribution otherwise payable to the Participant by the greater of (i) the NAV or (ii) 95% of the Market Price on the distribution payment date.

Unless otherwise instructed by the Company at the direction of its Board of Directors, the Plan Administrator will acquire common stock on behalf of Participants through open-market purchases if, on the distribution payment date, the Market Price is less than the most recently published NAV (such condition referred to as a “market discount”). In the event of a market discount on the distribution payment date, the Plan Administrator will have until the last business day before the next date on which the common stock trades on an “ex-distribution” basis or 30 days after the distribution payment date, whichever is sooner (the “last purchase date”), to invest the distribution amount in common stock acquired in open-market purchases. If shares are purchased in the open market with respect to a distribution, the number of shares to be credited to a Participant’s account shall be determined by dividing the dollar amount of the cash distribution otherwise payable to the Participant by the weighted average Market Price per share for all common stock purchased by the Plan Administrator in the open market. If the Plan Administrator is unable to invest the full distribution amount in open-market purchases, or if the market discount shifts to a market premium during the purchase period, the Plan Administrator may cease making open-market purchases and may use any uninvested portion to acquire newly issued shares. Investments in newly issued shares made in this manner would be made pursuant to the same process described above and the date of issue for such newly issued shares will substitute for the distribution payment date. If the Company instructs the Plan Administrator to purchase new shares of common stock when there is a market discount, the shares of common stock will be acquired in accordance with the same terms as outlined above when there is a market premium.

There will be no fees with respect to shares of common stock issued directly by the Company. However, each Participant will pay the per share fees (which include any applicable brokerage commissions the Plan Administrator is required to pay) incurred in connection with open-market purchases. If a shareholder has shares held by a broker, such shareholder should contact his/her broker to participate in the DRIP. For the year ended December 31, 2024, approximately $2.3 million of cash distributions were reinvested for electing Participants through purchase of shares in the open market in accordance with the terms of the DRIP.

7. Stockholders’ Equity and Dividends — (continued)

Share Repurchase Plan

On February 24, 2015, the Company’s Board of Directors approved a stock repurchase plan (the “Company Repurchase Plan”) to acquire up to $50.0 million in the aggregate of the Company’s common stock at prices at certain thresholds below the Company’s net asset value per share, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the 1934 Act. The Company Repurchase Plan is designed to allow the Company to repurchase its common stock at times when it otherwise might be prevented from doing so under insider trading laws. The Company Repurchase Plan requires an agent selected by the Company to repurchase shares of common stock on the Company’s behalf if and when the market price per share is at certain thresholds below the most recently reported net asset value per share. Under the plan, the agent will increase the volume of purchases made if the price of the Company’s common stock declines, subject to volume restrictions. The timing and amount of any stock repurchased depends on the terms and conditions of the Company Repurchase Plan, the market price of the common stock and trading volumes, and no assurance can be given that any particular amount of common stock will be repurchased. The Company Repurchase Plan was re-approved on April 24, 2024, to be in effect through the earlier of April 30, 2025, unless further extended or terminated by the Company’s Board of Directors, or such time as the approved $50.0 million repurchase amount has been fully utilized, subject to certain conditions.

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the year ended December 31, 2024:

 

 

 

Shares Repurchased

 

 

Price Per Share*

 

 

Total Cost

 

Company Repurchase Plan

 

 

510,687

 

 

$

8.86

 

 

$

4,524,639

 

 

* Weighted-average price per share

No shares were repurchased by the Company under the Company Repurchase Plan for the year ended December 31, 2023.
v3.25.0.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Earnings Per Share

8. Earnings Per Share

In accordance with ASC 260, Earnings per Share, basic earnings per share is computed by dividing earnings available to common shareholders by the weighted average number of shares outstanding during the period. Other potentially dilutive common shares, if any, and the related impact to earnings, are considered when calculating earnings per share on a diluted basis. The following information sets forth the computation of the net increase in net assets per share resulting from operations for the years ended December 31, 2024, 2023 and 2022:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Net increase (decrease) in net assets from operations

 

$

(63,137,172

)

 

$

38,474,432

 

 

$

(9,225,332

)

Weighted average shares outstanding

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

Earnings (loss) per share

 

$

(0.79

)

 

$

0.67

 

 

$

(0.16

)

 
v3.25.0.1
Subsequent Events
 12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Subsequent Events

9. Subsequent Events

On February 25, 2025, the Advisor voluntarily agreed to waive one-third of its base management fee with respect to the Company for three calendar quarters beginning on January 1, 2025 and ending on September 30, 2025.

On February 27, 2025, the Company’s Board of Directors declared a first quarter regular dividend of $0.25 per share and a special dividend of $0.04 per share, both payable on March 31, 2025 to shareholders of record as of the close of business on March 17, 2025.
v3.25.0.1
Financial Highlights
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Financial Highlights

10. Financial Highlights

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

$

13.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.66

 

 

 

1.85

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Excise taxes

 

 

0.00

 

 

 

(0.01

)

 

 

—

 

 

 

—

 

 

 

—

 

Net investment income (1)

 

 

1.66

 

 

 

1.84

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Net realized and unrealized gain (loss) (1)

 

 

(2.60

)

 

 

(1.18

)

 

 

(1.69

)

 

 

1.17

 

 

 

(0.16

)

Total from investment operations

 

 

(0.94

)

 

 

0.66

 

 

 

(0.16

)

 

 

2.43

 

 

 

1.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net decrease in net assets as a result of issuance of shares in connection with the Merger (2)

 

 

(0.28

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

Repurchase of common stock

 

 

0.01

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.12

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Loss on extinguishment of debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.11

)

 

 

(0.04

)

Cumulative effect adjustment for the adoption of ASU 2020-06 (3)

 

 

—

 

 

 

—

 

 

0.00

 

 

 

—

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary income dividends

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.13

)

Tax basis returns of capital

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.19

)

Dividends to common shareholders (4)

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.32

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at end of period

 

$

9.23

 

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

8.71

 

 

$

11.54

 

 

$

12.94

 

 

$

13.51

 

 

$

11.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value (5)

 

 

(11.9

)%

 

 

2.2

%

 

 

5.2

%

 

 

30.9

%

 

 

(10.6

)%

Total return based on net asset value (6)

 

 

(10.2

)%

 

 

5.1

%

 

 

-1.1

%

 

 

17.5

%

 

 

10.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

85,080,447

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (7)

 

 

15.6

%

 

 

14.2

%

 

 

10.8

%

 

 

9.0

%

 

 

11.3

%

Expenses before incentive fee (8)

 

 

12.8

%

 

 

10.7

%

 

 

9.0

%

 

 

9.3

%

 

 

10.0

%

Expenses and incentive fee (9)

 

 

15.1

%

 

 

13.7

%

 

 

11.3

%

 

 

11.5

%

 

 

12.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

785,123,667

 

 

$

687,601,546

 

 

$

746,753,790

 

 

$

829,456,636

 

 

$

764,986,578

 

Portfolio turnover rate

 

 

18.3

%

 

 

13.5

%

 

 

19.4

%

 

 

35.6

%

 

 

28.3

%

Weighted-average debt outstanding

 

$

1,234,022,372

 

 

$

1,001,667,440

 

 

$

1,023,880,532

 

 

$

985,506,056

 

 

$

936,157,021

 

Weighted-average interest rate on debt

 

 

5.4

%

 

 

4.4

%

 

 

3.5

%

 

 

3.6

%

 

 

3.9

%

Weighted-average number of common shares

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,991,233

 

Weighted-average debt per share

 

$

15.49

 

 

$

17.34

 

 

$

17.72

 

 

$

17.06

 

 

$

16.14

 

 

Asset Coverage:

 

As of December 31,

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (10)

 

$

1,126,314,826

 

 

$

988,555,830

 

 

$

949,062,241

 

 

$

1,019,339,449

 

 

$

856,324,371

 

 

Asset coverage per $1,000 of debt outstanding (11)

 

$

1,789

 

 

$

1,643

 

 

$

1,929

 

 

$

1,948

 

 

$

2,058

 

 
(1)
Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
(2)
Calculated as the number of shares issued by the Company in connection with the Merger times the discount per share based on the closing price per share and the NAV per share at the time of the closing of the Merger.
(3)
See Note 2 and 4 for further information related to the adoption of ASU 2020-06.
(4)
Dividends to common shareholders include a tax return of capital of $0 ($0.00 per share), $0 ($0.00 per share), $0 ($0.00 per share), $13,563,291 ($0.23 per share) and $11,313,222 ($0.19 per share) for the years ended December 31, 2024, 2023 and 2022, 2021 and 2020, respectively.
(5)
Total return based on market value is calculated by determining the percentage change in market value per share during the period.

10. Financial Highlights — (continued)

(6)
Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
(7)
Net of incentive compensation and excise taxes.
(8)
Includes interest and other debt costs but excludes excise taxes.
(9)
Includes incentive compensation and all Company expenses including interest and other debt costs.
(10)
Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
(11)
Excludes SBA Debentures.
v3.25.0.1
Senior Securities
 12 Months Ended
Dec. 31, 2024
Senior Securities [Abstract]  
Senior Securities

11. Senior Securities

Information about the Company's senior securities is shown in the following table as of the end of each of the last ten fiscal years and the period ended December 31, 2024.

 

 

Class and Year

 

Total Amount
Outstanding(1)

 

 

Asset Coverage
Per Unit(2)

 

 

Involuntary Liquidating
Preference Per Unit(3)

 

 

Average Market
Value Per Unit(4)

Operating Facility

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

120,671

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

163,169

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

123,890

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

154,480

 

 

 

11,020

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

120,454

 

 

 

9,508

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

108,498

 

 

 

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

82,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

57,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

100,500

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

124,500

 

 

 

3,076

 

 

 

—

 

 

N/A

Funding Facility I

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

$

158,000

 

 

$

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

212,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

175,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

175,000

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

229,000

 

 

 

3,076

 

 

 

—

 

 

N/A

Funding Facility II

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

75,000

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

100,000

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

100,000

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

-

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

36,000

 

 

 

9,508

 

 

 

—

 

 

N/A

Merger Sub Facility

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

60,000

 

 

$

6,932

 

 

 

—

 

 

N/A

SBA Debentures

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

131,500

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

150,000

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

150,000

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

150,000

 

 

 

11,020

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

138,000

 

 

 

9,508

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

138,000

 

 

 

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

98,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

83,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

61,000

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

42,800

 

 

 

3,076

 

 

 

—

 

 

N/A

2019 Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

$

108,000

 

 

$

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

108,000

 

 

 

2,335

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

108,000

 

 

 

2,352

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

108,000

 

 

 

2,429

 

 

 

—

 

 

N/A

2022 Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

$

140,000

 

 

$

1,948

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

140,000

 

 

 

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

140,000

 

 

 

1,992

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

140,000

 

 

 

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

140,000

 

 

 

2,335

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

140,000

 

 

 

2,352

 

 

 

—

 

 

N/A

 

11. Senior Securities — (continued)

 

Class and Year

 

Total Amount
Outstanding(1)

 

 

Asset Coverage
Per Unit(2)

 

 

Involuntary Liquidating
Preference Per Unit(3)

 

 

Average Market
Value Per Unit(4)

2022 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

$

175,000

 

 

$

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

175,000

 

 

 

1,992

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

175,000

 

 

 

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

175,000

 

 

 

2,335

 

 

 

—

 

 

N/A

2024 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

$

250,000

 

 

$

1,643

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

250,000

 

 

 

1,929

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

250,000

 

 

 

1,948

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

250,000

 

 

 

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

200,000

 

 

 

1,992

 

 

 

—

 

 

N/A

2025 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

92,000

 

 

$

1,789

 

 

 

—

 

 

N/A

2026 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

325,000

 

 

$

1,789

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

325,000

 

 

 

1,643

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

325,000

 

 

 

1,929

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

325,000

 

 

 

1,948

 

 

 

—

 

 

N/A

2029 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

325,000

 

 

$

1,789

 

 

 

—

 

 

N/A

 

(1)
Total amount of each class of senior securities outstanding at the end of the period presented (in 1,000’s).
(2)
The asset coverage ratio for a class of senior securities representing indebtedness is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by senior securities representing indebtedness. For the Operating Facility, Funding Facility I, Funding Facility II and Merger Sub Facility, the asset coverage ratio with respect to indebtedness is multiplied by $1,000 to determine the Asset Coverage Per Unit.
(3)
The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. The “—” in this column indicates that the SEC expressly does not require this information to be disclosed for certain types of senior securities.
(4)
The Company's senior securities are not registered for public trading.
v3.25.0.1
Merger with BlackRock Capital Investment Corporation
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Merger with BlackRock Capital Investment Corporation

12. Merger with BlackRock Capital Investment Corporation

On March 18, 2024, the Company completed its previously announced acquisition of BCIC, pursuant to that certain Amended and Restated Agreement and Plan of Merger, dated as of January 10, 2024, by and among the Company, BCIC, Merger Sub, and solely for the limited purposes set forth therein, BCIA, and the Advisor. Pursuant to the Merger Agreement, BCIC merged with and into Merger Sub, with Merger Sub continuing as the surviving company and as a subsidiary of SVCP and an indirect wholly-owned subsidiary of the Company. As a result of, and as of the effective time of, the Merger, BCIC’s separate corporate existence ceased.

In connection with the Merger, the Company and the Advisor entered into the Amended and Restated Investment Advisory Agreement that became effective as of the Closing, pursuant to which the Advisor reduced its base management fee rate for managing the Company from 1.50% to 1.25% on assets equal to or below 200% of the net asset value of the Company with no change to the basis of the calculation. Prior to the Closing, the Advisor's base management fee rate for managing the Company was 1.50% on assets equal to or below 200% of the net asset value of the Company. The base management fee rate on assets that exceed 200% of the net asset value of the Company remains 1.00%. The Company also entered into the Fee Waiver Agreement with the Advisor. The Fee Waiver Agreement provides that the Advisor will waive all or a portion of its advisory fees to the extent the adjusted net investment income of the Company on a per share basis (determined by dividing the adjusted net investment income of the Company by the weighted average outstanding shares of the Company during the relevant quarter) is less than $0.32 per share in any of the first four (4) fiscal quarters ending after the Closing (the first of which will be the quarter in which the Closing occurred) to the extent there are sufficient advisory fees to cover such deficit. The waiver amount in a given quarter cannot exceed the total advisory fees for such quarter.

In accordance with the terms of the Merger Agreement, at the Closing, each outstanding share of BCIC’s common stock was converted into the right to receive 0.3834 shares of common stock, par value $0.001 per share of the Company (with BCIC’s shareholders receiving cash in lieu of fractional shares of the Company’s common stock). As a result of the Merger, the Company issued 27,823,870 shares of its common stock to former BCIC shareholders, after adjustment for BCIC’s shareholders receiving cash in lieu of fractional shares.

The Merger has been accounted for as an asset acquisition of BCIC by the Company in accordance with the asset acquisition method of accounting as detailed in ASC 805-50 ("ASC 805"), Business Combinations-Related Issues. The Company determined the fair value of the shares of the Company's common stock that were issued to former BCIC shareholders pursuant to the Merger Agreement plus transaction costs to be the consideration paid in connection with the Merger under ASC 805. The consideration paid to BCIC shareholders was less than the aggregate fair values of the BCIC assets acquired and liabilities assumed, which resulted in a purchase discount (the “purchase discount”). The consideration paid was allocated to the individual BCIC assets acquired and liabilities assumed based on the relative fair values of net identifiable assets acquired other than “non-qualifying” assets and liabilities (for example, cash) and did not give rise to goodwill. As a result, the purchase discount was allocated to the cost basis of the BCIC investments acquired by the Company on a pro-rata basis based on their relative fair values as of the effective time of the Merger. Immediately following the Merger, the investments were marked to their respective fair values in accordance with ASC 820 which resulted in immediate recognition of net unrealized appreciation in the Consolidated Statement of Operations as a result of the Merger. The purchase discount allocated to the BCIC debt investments acquired will amortize over the remaining life of each respective debt investment through interest income, with a corresponding adjustment recorded to unrealized appreciation or depreciation on such investment acquired through its ultimate disposition. The purchase discount allocated to BCIC equity investments acquired will not amortize over the life of such investments through interest income and, assuming no subsequent change to the fair value of the equity investments acquired and disposition of such equity investments at fair value, the Company may recognize a realized gain or loss with a corresponding reversal of the unrealized appreciation on disposition of such equity investments acquired.

The Merger was considered a tax-free reorganization and the Company has elected to carry forward the historical cost basis of the acquired BCIC investments for tax purposes.

Pursuant to the Merger Agreement, the Advisor, in the case of the Company, and BCIA, in the case of BCIC, would each bear 50% of the aggregate reasonable out-of-pocket costs and expenses incurred by the Company or BCIC, as applicable, up to a combined aggregate amount equal to $6.0 million (the “Merger transaction costs”). Net of Merger transaction costs borne by the Advisor, the Company capitalized $2.4 million of Merger transaction costs as part of the total consideration paid to acquire the assets and liabilities of BCIC.

12. Merger with BlackRock Capital Investment Corporation — (continued)

The following table summarizes the allocation of the consideration paid to the assets acquired and liabilities assumed as a result of the Merger:

 

Common stock issued by the Company (1)

 

$

280,464,610

 

 

Transaction costs

 

 

2,366,408

 

 

   Total purchase price

 

$

282,831,018

 

 

Assets acquired:

 

 

 

 

Investments(2)

 

$

586,983,708

 

 

Cash and cash equivalents

 

 

11,670,610

 

 

Interest, dividends and fees receivable

 

 

10,373,421

 

 

Due from broker

 

 

2,048,141

 

 

Other assets

 

 

3,731,006

 

 

   Total assets acquired

 

 

614,806,886

 

 

Liabilities assumed:

 

 

 

 

Debt

 

 

315,296,749

 

 

Dividends payable (3)

 

 

7,257,191

 

 

Management fees payable

 

 

1,888,664

 

 

Interest rate swap, at fair value

 

 

1,674,309

 

 

Incentive fees payable

 

 

1,363,625

 

 

Other liabilities

 

 

4,495,330

 

 

Total liabilities assumed

 

 

331,975,868

 

 

   Net assets acquired

 

$

282,831,018

 

 
(1)
Based on the Company's market price of $10.08 and 27,823,870 shares of common stock issued by the Company at closing.
(2)
Investments acquired were recorded at fair value at the date of the acquisition, which is also the Company's initial cost basis in the investments, and reflects the impact of a $21,886,848 purchase discount.
(3)
Declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024 and paid on March 29, 2024 out of BCIC cash and cash equivalents acquired by the Company.
v3.25.0.1
Segment Reporting
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting

13. Segment Reporting

The Company’s chief executive officer and chief financial officer act as the Company’s Chief Operating Decision Maker (the “CODM”). The CODM is responsible for assessing performance, allocating resources and making operating decisions of the Company on a consolidated basis based on the net increase (decrease) in net assets resulting from operations (“net income”) of the Company. The CODM has concluded that the Company operates through a single operating and reporting segment with an investment objective to generate both current income and capital appreciation through debt and equity investments. In addition to numerous other factors and metrics, the CODM utilizes net income as a key metric in determining the amount of dividends to be distributed to the Company’s shareholders. As the Company’s operations comprise of a single reporting segment, the segment assets are reflected on the accompanying Consolidated Statements of Assets and Liabilities as “total assets” and the significant segment expenses are listed on the accompanying Consolidated Statements of Operations.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates
 12 Months Ended
Dec. 31, 2024
Investments in and Advances to Affiliates [Abstract]  
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates

BlackRock TCP Capital Corp.

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates(1)

Year Ended December 31, 2024

 

Security

 

Dividends or
Interest (2)

 

 

Fair Value at
December 31, 2023

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2024

 

Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027

 

$

228,253

 

 

$

5,232,821

 

 

$

(184,796

)

 

$

(146,321

)

 

$

(5,086,500

)

 

$

184,796

 

 

$

—

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29

 

 

990,675

 

 

 

—

 

 

 

—

 

 

 

(199,170

)

 

 

11,575,692

 

 

 

—

 

 

 

11,376,522

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26

 

 

176,882

 

 

 

4,979,720

 

 

 

—

 

 

 

3,987

 

 

 

(4,983,707

)

 

 

—

 

 

 

—

 

Hylan Novellus LLC, Class A Units

 

 

—

 

 

 

2,827,373

 

 

 

(12,625,342

)

 

 

10,990,444

 

 

 

(1,192,475

)

 

 

—

 

 

 

—

 

Hylan Global LLC, Parent Common Units

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(440,114

)

 

 

738,447

 

 

 

—

 

 

 

298,333

 

Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26

 

 

169,332

 

 

 

1,324,151

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(481,509

)

 

 

842,642

 

Iracore Investments Holdings, Inc., Class A Common Stock

 

 

283,370

 

 

 

1,799,178

 

 

 

—

 

 

 

(748,802

)

 

 

—

 

 

 

—

 

 

 

1,050,376

 

TVG-Edmentum Holdings, LLC, Series B-1 Common Units

 

 

2,985,869

 

 

 

24,629,566

 

 

 

—

 

 

 

(13,156,809

)

 

 

2,985,869

 

 

 

—

 

 

 

14,458,626

 

TVG-Edmentum Holdings, LLC, Series B-2 Common Units

 

 

—

 

 

 

24,629,566

 

 

 

—

 

 

 

(10,170,940

)

 

 

—

 

 

 

—

 

 

 

14,458,626

 

TVG-Edmentum Holdings, LLC, Series C-2 Preferred Units

 

 

456,587

 

 

 

—

 

 

 

—

 

 

 

1,472,182

 

 

 

5,487,388

 

 

 

—

 

 

 

6,959,570

 

Total

 

$

5,290,968

 

 

$

65,422,375

 

 

$

(12,810,138

)

 

$

(12,395,543

)

 

$

9,524,714

 

 

$

(296,713

)

 

$

49,444,695

 

 

Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.

Consolidated Schedule of Changes in Investments in Controlled Affiliates(1)

Year Ended December 31, 2024

 

Security

 

Dividends
or Interest (2)

 

 

Fair Value at
December 31, 2023

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2024

 

36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25

 

$

6,643,097

 

 

$

52,318,937

 

 

$

—

 

 

$

—

 

 

$

7,437,501

 

 

$

—

 

 

$

59,756,438

 

36th Street Capital Partners Holdings, LLC, Membership Units

 

 

1,359,774

 

 

 

50,541,000

 

 

 

—

 

 

 

(549,500

)

 

 

1,062,500

 

 

 

—

 

 

 

51,054,000

 

Anacomp, Inc., Class A Common Stock

 

 

—

 

 

 

843,074

 

 

 

—

 

 

 

312,221

 

 

 

—

 

 

 

—

 

 

 

1,155,295

 

AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28

 

 

2,015,428

 

 

 

18,812,631

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

18,812,631

 

AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29

 

 

1,499,820

 

 

 

9,256,229

 

 

 

—

 

 

 

—

 

 

 

1,462,668

 

 

 

—

 

 

 

10,718,897

 

AA Acquisition Aggregator, LLC, Ordinary Shares

 

 

—

 

 

 

9,985,207

 

 

 

—

 

 

 

(541,338

)

 

 

69,766

 

 

 

—

 

 

 

9,513,635

 

Conventional Lending TCP Holdings, LLC, Membership Units

 

 

1,456,847

 

 

 

16,376,544

 

 

 

—

 

 

 

(1,833,461

)

 

 

—

 

 

 

—

 

 

 

14,543,083

 

Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0%, due 12/31/21

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Conergy Asia Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Conergy Asia Holdings Limited, Class B Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Fishbowl INC., Common Membership Units

 

 

—

 

 

 

135,403

 

 

 

—

 

 

 

(135,403

)

 

 

—

 

 

 

—

 

 

 

—

 

Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027

 

 

1,753,658

 

 

 

12,089,579

 

 

 

—

 

 

 

(4,567,088

)

 

 

320,985

 

 

 

—

 

 

 

7,843,476

 

Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(8,098,235

)

 

 

13,114,252

 

 

 

—

 

 

 

5,016,017

 

Gordon Brothers Finance Company, Preferred Stock

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Gordon Brothers Finance Company, Common Stock

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21

 

 

—

 

 

 

101,315

 

 

 

—

 

 

 

(40,426

)

 

 

—

 

 

 

—

 

 

 

60,889

 

Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/21

 

 

—

 

 

 

1,367,273

 

 

 

—

 

 

 

(131,746

)

 

 

—

 

 

 

—

 

 

 

1,235,527

 

Kawa Solar Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Series B Preferred Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

14,728,624

 

 

$

171,827,192

 

 

$

—

 

 

$

(15,584,976

)

 

$

23,467,672

 

 

$

—

 

 

$

179,709,888

 

 

Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.

Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (1)

Year Ended December 31, 2023

 

Security

 

Dividends or
Interest (2)

 

 

Fair Value at
December 31, 2022

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2023

 

Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24

 

$

191,149

 

 

$

1,324,140

 

 

$

—

 

 

$

—

 

 

$

11

 

 

$

—

 

 

$

1,324,151

 

Iracore Investments Holdings, Inc., Class A Common Stock

 

 

—

 

 

 

2,983,163

 

 

 

—

 

 

 

(1,183,985

)

 

 

—

 

 

 

—

 

 

 

1,799,178

 

Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027

 

 

581,023

 

 

 

—

 

 

 

—

 

 

 

104,575

 

 

 

5,260,111

 

 

 

(131,865

)

 

 

5,232,821

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26

 

 

683,947

 

 

 

—

 

 

 

—

 

 

 

1,495

 

 

 

4,978,225

 

 

 

—

 

 

 

4,979,720

 

Hylan Novellus LLC, Class A Units

 

 

—

 

 

 

 

 

 

—

 

 

 

(9,402,715

)

 

 

12,230,088

 

 

 

—

 

 

 

2,827,373

 

TVG-Edmentum Holdings, LLC, Series A Preferred Units

 

 

45,650

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

TVG-Edmentum Holdings, LLC, Series B-1 Common Units

 

 

2,652,917

 

 

 

32,391,197

 

 

 

—

 

 

 

(10,414,537

)

 

 

2,652,906

 

 

 

—

 

 

 

24,629,566

 

TVG-Edmentum Holdings, LLC, Series B-2 Common Units

 

 

—

 

 

 

32,391,197

 

 

 

—

 

 

 

(7,761,631

)

 

 

—

 

 

 

—

 

 

 

24,629,566

 

Total

 

$

4,154,686

 

 

$

69,089,697

 

 

$

—

 

 

$

(28,656,798

)

 

$

25,121,341

 

 

$

(131,865

)

 

$

65,422,375

 

 

 

Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
(2)
Also includes fee and lease income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.

Consolidated Schedule of Changes in Investments in Controlled Affiliates (1)

Year Ended December 31, 2023

 

Security

 

Dividends
or Interest (2)

 

 

Fair Value at
December 31, 2022

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2023

 

36th Street Capital Partners Holdings, LLC, Membership Units

 

$

(680,883

)

 

$

56,272,000

 

 

$

—

 

 

$

(6,043,500

)

 

$

312,500

 

 

$

—

 

 

$

50,541,000

 

36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/1/25

 

 

5,937,130

 

 

 

50,131,437

 

 

 

—

 

 

 

—

 

 

 

2,187,500

 

 

 

—

 

 

 

52,318,937

 

Anacomp, Inc., Class A Common Stock

 

 

—

 

 

 

552,432

 

 

 

—

 

 

 

290,642

 

 

 

—

 

 

 

—

 

 

 

843,074

 

Conventional Lending TCP Holdings, LLC, Membership Units

 

 

1,674,050

 

 

 

16,146,544

 

 

 

—

 

 

 

(20,000

)

 

 

250,000

 

 

 

—

 

 

 

16,376,544

 

Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22

 

 

—

 

 

 

101,315

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

101,315

 

Kawa Solar Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22

 

 

—

 

 

 

1,862,701

 

 

 

—

 

 

 

(495,428

)

 

 

—

 

 

 

—

 

 

 

1,367,273

 

Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027

 

 

1,261,826

 

 

 

12,089,579

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,089,579

 

Fishbowl INC., Common Membership Units

 

 

—

 

 

 

577,277

 

 

 

—

 

 

 

(441,874

)

 

 

—

 

 

 

—

 

 

 

135,403

 

AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28

 

 

1,522,939

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,533,793

 

 

 

16,278,838

 

 

 

18,812,631

 

AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29

 

 

997,865

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

651,700

 

 

 

8,604,529

 

 

 

9,256,229

 

AutoAlert, LLC, Class A Common Interest

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,713,886

)

 

 

4,713,886

 

 

 

—

 

AutoAlert, LLC, Preferred Equity

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,302,264

)

 

 

4,302,264

 

 

 

—

 

AA Acquisition Aggregator, LLC, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

969,054

 

 

 

9,016,153

 

 

 

—

 

 

 

9,985,207

 

Total

 

$

10,712,927

 

 

$

137,733,285

 

 

$

—

 

 

$

(5,741,106

)

 

$

5,935,496

 

 

$

33,899,517

 

 

$

171,827,192

 

 

 

Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.
v3.25.0.1
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers
 12 Months Ended
Dec. 31, 2024
Schedule of Investments [Abstract]  
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers

BlackRock TCP Capital Corp.

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers

December 31, 2024

 

Investment

 

Acquisition Date

48forty Intermediate Holdings, Inc. (Alpine Acquisition), Common Stock

 

11/5/2024

AGY Equity, LLC, Class A Preferred Units

 

9/3/2020

AGY Equity, LLC, Class B Preferred Units

 

9/3/2020

AGY Equity, LLC, Class C Common Units

 

9/3/2020

Blackbird Purchaser, Inc. (OTC) Preferred Stock

 

12/14/2021

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Common Shares in MXP

 

7/26/2023

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Preferred New Super Senior Shares

 

7/26/2023

Fidelis (SVC) LLC, Series C Preferred Units

 

12/31/2019

Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock

 

5/4/2017

GlassPoint, Inc., Warrants to Purchase Common Stock

 

2/7/2017

Grey Orange International Inc., Warrants to Purchase Common Stock

 

5/5/2022

INH Buyer, Inc. (IMS Health), Preferred Stock

 

12/16/2024

InMobi, Inc., Warrants to Purchase Common Stock

 

8/22/2017

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)

 

9/18/2015

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)

 

10/1/2018

Inotiv, Inc., Common Shares

 

3/30/2022

Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units

2/7/2020

Plate Newco 1 Limited (Avanti), Common Stock

 

4/13/2022

Pluralsight, Inc., Common Stock

 

8/22/2024

Quora, Inc., Warrants to Purchase Series D Preferred Stock

 

4/12/2019

Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares

 

4/28/2021

Razor Group GmbH, Warrants to Purchase Series C Shares

 

12/23/2022

Razor US LP, Class A Preferred Units

 

2/28/2024

ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock

 

11/7/2019

SellerX Germany GMBH & Co. KG,, Warrants to Purchase SellerX Common Shares in MXP

 

11/23/2021

SnapLogic, Inc., Warrants to Purchase Series Preferred Stock

 

3/20/2018

SoundCloud, Ltd., Warrants to Purchase Preferred Stock

 

4/30/2015

Stitch Holdings LP, LP Units

 

3/15/2024

Suited Connector, LLC, (Suco Investors, LP), Warrants to Purchase Class A Units

 

3/6/2023

Thras.io, LLC, Common Units

 

6/18/2024

Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock

 

3/9/2017

Utilidata, Inc., Common Stock

 

7/6/2020

Utilidata, Inc., Series A-1 Preferred Stock

 

7/6/2020

Utilidata, Inc., Series A-2 Preferred Stock

 

7/6/2020

WorldRemit Group Limited, Series X Shares

 

6/24/2024

WorldRemit Group Limited, Warrants to Purchase Series D Stock

 

2/11/2021

WorldRemit Group Limited, Warrants to Purchase Series E Stock

 

3/15/2024

 

BlackRock TCP Capital Corp.

Consolidated Schedule of Restricted Securities of Unaffiliated Issuers

December 31, 2023

 

Investment

 

Acquisition Date

AGY Equity, LLC, Class A Preferred Units

 

9/3/2020

AGY Equity, LLC, Class B Preferred Units

 

9/3/2020

AGY Equity, LLC, Class C Common Units

 

9/3/2020

Blackbird Purchaser, Inc. (OTC) Preferred Stock

 

12/14/2021

Fidelis (SVC) LLC, Series C Preferred Units

 

12/31/2019

Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock

 

5/4/2017

GACP I, LP (Great American Capital), Membership Units

 

10/1/2015

GACP II, LP (Great American Capital), Membership Units

 

1/12/2018

GlassPoint, Inc., Warrants to Purchase Common Stock

 

2/7/2017

Grey Orange International Inc., Warrants to Purchase Common Stock

 

5/5/2022

InMobi, Inc., Warrants to Purchase Common Stock

 

8/22/2017

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)

 

9/18/2015

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)

 

10/1/2018

Inotiv, Inc., Common Shares

 

3/30/2022

PerchHQ, Warrants for Common Units

 

9/30/2022

Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units

2/7/2020

Plate Newco 1 Limited (Avanti), Common Stock

 

4/13/2022

Quora, Inc., Warrants to Purchase Series D Preferred Stock

 

4/12/2019

Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares

 

4/28/2021

Razor Warrants to Purchase Series C Shares

 

12/23/2022

ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock

 

11/7/2019

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Common Shares in MXP

 

7/26/2023

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Preferred New Super Senior Shares

 

7/26/2023

SellerX Germany GMBH & Co. KG,, Warrants to Purchase SellerX Common Shares in MXP

 

11/23/2021

SnapLogic, Inc., Warrants to Purchase Series Preferred Stock

 

3/20/2018

Soraa, Inc., Warrants to Purchase Preferred Stock

 

8/29/2014

SoundCloud, Ltd., Warrants to Purchase Preferred Stock

 

4/30/2015

Suited Connector, LLC, (Suco Investors, LP) Warrants to Purchase Class A Units

 

3/6/2023

Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock

 

3/9/2017

Utilidata, Inc., Common Stock

 

7/6/2020

Utilidata, Inc., Series A-1 Preferred Stock

 

7/6/2020

Utilidata, Inc., Series A-2 Preferred Stock

 

7/6/2020

WorldRemit Group Limited, Warrants to Purchase Series D Stock

 

2/11/2021
v3.25.0.1
Supplementary Data (unaudited)
 12 Months Ended
Dec. 31, 2024
Investment Company, Financial Highlights [Line Items]  
Financial Highlights

10. Financial Highlights

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

$

13.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.66

 

 

 

1.85

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Excise taxes

 

 

0.00

 

 

 

(0.01

)

 

 

—

 

 

 

—

 

 

 

—

 

Net investment income (1)

 

 

1.66

 

 

 

1.84

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Net realized and unrealized gain (loss) (1)

 

 

(2.60

)

 

 

(1.18

)

 

 

(1.69

)

 

 

1.17

 

 

 

(0.16

)

Total from investment operations

 

 

(0.94

)

 

 

0.66

 

 

 

(0.16

)

 

 

2.43

 

 

 

1.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net decrease in net assets as a result of issuance of shares in connection with the Merger (2)

 

 

(0.28

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

Repurchase of common stock

 

 

0.01

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.12

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Loss on extinguishment of debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.11

)

 

 

(0.04

)

Cumulative effect adjustment for the adoption of ASU 2020-06 (3)

 

 

—

 

 

 

—

 

 

0.00

 

 

 

—

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary income dividends

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.13

)

Tax basis returns of capital

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.19

)

Dividends to common shareholders (4)

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.32

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at end of period

 

$

9.23

 

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

8.71

 

 

$

11.54

 

 

$

12.94

 

 

$

13.51

 

 

$

11.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value (5)

 

 

(11.9

)%

 

 

2.2

%

 

 

5.2

%

 

 

30.9

%

 

 

(10.6

)%

Total return based on net asset value (6)

 

 

(10.2

)%

 

 

5.1

%

 

 

-1.1

%

 

 

17.5

%

 

 

10.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

85,080,447

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (7)

 

 

15.6

%

 

 

14.2

%

 

 

10.8

%

 

 

9.0

%

 

 

11.3

%

Expenses before incentive fee (8)

 

 

12.8

%

 

 

10.7

%

 

 

9.0

%

 

 

9.3

%

 

 

10.0

%

Expenses and incentive fee (9)

 

 

15.1

%

 

 

13.7

%

 

 

11.3

%

 

 

11.5

%

 

 

12.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

785,123,667

 

 

$

687,601,546

 

 

$

746,753,790

 

 

$

829,456,636

 

 

$

764,986,578

 

Portfolio turnover rate

 

 

18.3

%

 

 

13.5

%

 

 

19.4

%

 

 

35.6

%

 

 

28.3

%

Weighted-average debt outstanding

 

$

1,234,022,372

 

 

$

1,001,667,440

 

 

$

1,023,880,532

 

 

$

985,506,056

 

 

$

936,157,021

 

Weighted-average interest rate on debt

 

 

5.4

%

 

 

4.4

%

 

 

3.5

%

 

 

3.6

%

 

 

3.9

%

Weighted-average number of common shares

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,991,233

 

Weighted-average debt per share

 

$

15.49

 

 

$

17.34

 

 

$

17.72

 

 

$

17.06

 

 

$

16.14

 

 

Asset Coverage:

 

As of December 31,

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (10)

 

$

1,126,314,826

 

 

$

988,555,830

 

 

$

949,062,241

 

 

$

1,019,339,449

 

 

$

856,324,371

 

 

Asset coverage per $1,000 of debt outstanding (11)

 

$

1,789

 

 

$

1,643

 

 

$

1,929

 

 

$

1,948

 

 

$

2,058

 

 
(1)
Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
(2)
Calculated as the number of shares issued by the Company in connection with the Merger times the discount per share based on the closing price per share and the NAV per share at the time of the closing of the Merger.
(3)
See Note 2 and 4 for further information related to the adoption of ASU 2020-06.
(4)
Dividends to common shareholders include a tax return of capital of $0 ($0.00 per share), $0 ($0.00 per share), $0 ($0.00 per share), $13,563,291 ($0.23 per share) and $11,313,222 ($0.19 per share) for the years ended December 31, 2024, 2023 and 2022, 2021 and 2020, respectively.
(5)
Total return based on market value is calculated by determining the percentage change in market value per share during the period.

10. Financial Highlights — (continued)

(6)
Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
(7)
Net of incentive compensation and excise taxes.
(8)
Includes interest and other debt costs but excludes excise taxes.
(9)
Includes incentive compensation and all Company expenses including interest and other debt costs.
(10)
Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
(11)
Excludes SBA Debentures.
Supplementary Data  
Investment Company, Financial Highlights [Line Items]  
Financial Highlights

Supplementary Data (unaudited)

 

The following is a schedule of financial highlights as of and for the years ended December 31, 2019, 2018, 2017, 2016 and 2015:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

14.13

 

 

$

14.80

 

 

$

14.91

 

 

$

14.78

 

 

$

15.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.61

 

 

 

1.59

 

 

 

1.99

 

 

 

1.88

 

 

 

2.07

 

Excise taxes

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.01

)

 

 

(0.02

)

Net investment income

 

 

1.61

 

 

 

1.59

 

 

 

1.99

 

 

 

1.87

 

 

 

2.05

 

Net realized and unrealized gain (loss)

 

 

(1.09

)

 

 

(0.82

)

 

 

(0.40

)

 

 

—

 

 

 

(0.45

)

Dividends on Series A preferred equity facility

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.01

)

Incentive allocation reserve and distributions

 

N/A

 

 

N/A

 

 

 

(0.40

)

 

 

(0.37

)

 

 

(0.41

)

Total from investment operations

 

 

0.52

 

 

 

0.77

 

 

 

1.19

 

 

 

1.50

 

 

 

1.18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of common stock

 

 

—

 

 

 

—

 

 

 

0.14

 

 

 

0.01

 

 

 

—

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.06

 

 

 

—

 

Repurchase of Series A preferred interests

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.03

 

Distributions to common shareholders from:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Net investment income

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

Per share NAV at end of period

 

$

13.21

 

 

$

14.13

 

 

$

14.80

 

 

$

14.91

 

 

$

14.78

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

14.05

 

 

$

13.04

 

 

$

15.28

 

 

$

16.90

 

 

$

13.93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value

 

 

18.8

%

 

 

(5.2

)%

 

 

(1.1

)%

 

 

31.7

%

 

 

(8.4

)%

Total return based on net asset value

 

 

3.7

%

 

 

5.2

%

 

 

8.9

%

 

 

10.6

%

 

 

8.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

58,766,426

 

 

 

58,774,607

 

 

 

58,847,256

 

 

 

53,041,900

 

 

 

48,834,734

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (2)

 

 

11.6

%

 

 

10.8

%

 

 

10.6

%

 

 

10.1

%

 

 

10.9

%

Expenses (3)

 

 

9.8

%

 

 

8.5

%

 

 

7.3

%

 

 

6.9

%

 

 

6.2

%

Expenses and incentive compensation (4)

 

 

12.3

%

 

 

11.2

%

 

 

9.9

%

 

 

9.4

%

 

 

8.9

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

776,318,386

 

 

$

830,474,727

 

 

$

870,728,126

 

 

$

790,935,991

 

 

$

721,977,017

 

Portfolio turnover rate

 

 

35.9

%

 

 

32.3

%

 

 

45.9

%

 

 

37.9

%

 

 

37.8

%

Weighted-average leverage outstanding (5)

 

$

902,977,493

 

 

$

769,065,775

 

 

$

623,666,655

 

 

$

542,421,190

 

 

$

513,312,510

 

Weighted-average interest rate on leverage (6)

 

 

4.6

%

 

 

4.6

%

 

 

4.5

%

 

 

3.9

%

 

 

3.2

%

Weighted-average number of common shares

 

 

58,766,362

 

 

 

58,815,216

 

 

 

57,000,658

 

 

 

50,948,035

 

 

 

48,863,188

 

Average leverage per share (5)

 

$

15.37

 

 

$

13.08

 

 

$

10.94

 

 

$

10.65

 

 

$

10.51

 

 

Asset Coverage:

 

As of December 31,

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (7)

 

$

915,514,071

 

 

$

812,007,389

 

 

$

733,824,353

 

 

$

579,906,288

 

 

$

502,410,321

 

Asset coverage per $1,000 of debt outstanding

 

$

1,992

 

 

$

2,157

 

 

$

2,335

 

 

$

2,344

 

 

$

2,423

 

 

(1) These ratios include interest expense but do not reflect the effect of dividends on the preferred equity facility.

(2) Net of incentive allocation and excise taxes.

(3) Includes interest and other debt costs but excludes excise taxes and incentive compensation.

(4) Includes incentive compensation and all Company expenses including interest and other debt costs.

(5) Includes both debt and preferred equity leverage.

(6) Includes dividends on the preferred equity leverage facility.

(7) Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
v3.25.0.1
Summary of Significant Accounting Policies (Policies)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (“GAAP”). The Company is an investment company following accounting and reporting guidance in Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. The Company has consolidated the results of its wholly owned subsidiaries in its consolidated financial statements in accordance with ASC Topic 946. The following is a summary of the significant accounting policies of the Company.
Use of Estimates

Use of Estimates

The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, as well the reported amounts of revenues and expenses during the reporting periods presented. Although management believes these estimates and assumptions to be reasonable, actual results could differ from those estimates and such differences could be material.
Investment Valuation

Investment Valuation

Pursuant to Rule 2a-5 (the “Rule”) under the 1940 Act, the Board of Directors designated the Advisor as the Company’s valuation designee (the “Valuation Designee”) to perform certain fair value functions, including performing fair value determinations and has approved policies and procedures adopted by the Advisor to seek to ensure compliance with the requirements of the Rule.

The Company’s investments are generally held by the Company's subsidiaries. Investments are recorded at fair value in accordance with GAAP, based upon the principles and methods of valuation set forth in the policies adopted by the Valuation Designee and approved by the Board of Directors. Fair value is generally defined as the amount for which an investment would be sold in an orderly transaction between market participants at the measurement date.

All investments are valued at least quarterly based on quotations or other affirmative pricing from independent third-party sources, with the exception of investments priced directly by the Valuation Designee which in the aggregate comprise less than 5% of the assets of the Company. Investments listed on a recognized exchange or market quotation system, whether U.S. or foreign, are valued using the closing price on the date of valuation. Investments not listed on a recognized exchange or market quotation system, but for which reliable market quotations are readily available are valued using prices provided by a nationally recognized pricing service or by using quotations from broker-dealers.

Investments for which market quotations are either not readily available or are determined to be unreliable are priced at fair value using affirmative valuations performed by independent valuation services approved by the Valuation Designee or, for investments aggregating less than 5% of the total assets of the Company, using valuations determined directly by the Valuation Designee. Such valuations are determined under documented valuation policies and procedures reviewed and approved by a committee established by the Valuation Designee (the “Valuation Committee”).

Generally, to increase objectivity in valuing the investments, the Valuation Designee will utilize external measures of value, such as public markets or third-party transactions, whenever possible. The Valuation Designee’s valuation is not based on long-term work-out value, immediate liquidation value, nor incremental value for potential changes that may take place in the future. The values assigned to investments are based on available information as of balance sheet date and do not necessarily represent amounts that might ultimately be realized, as these amounts depend on future circumstances and cannot reasonably be determined until the individual investments are actually liquidated. Such circumstances may include macroeconomic, geopolitical and other events and conditions that may significantly impact the profitability or viability of businesses in which the Company is invested, and therefore may significantly impact the return on the Company’s investments. The foregoing policies apply to all investments, including any in companies and groups of affiliated companies aggregating more than 5% of the Company’s assets.

 

2. Summary of Significant Accounting Policies — (continued)

Fair valuations of investments in each asset class are determined using one or more methodologies including market quotations, the market approach, income approach, or, in the case of recent investments, the cost approach, as appropriate. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets. Such information may include observed multiples of earnings and/or revenues at which transactions in securities of comparable companies occur, with appropriate adjustments for differences in company size, operations or other factors affecting comparability.

The income approach uses valuation techniques to convert future amounts (for example, cash flows or earnings) to a single present value amount (discounted). The measurement is based on the value indicated by current market expectations about those future amounts. The discount rates used for such analyses reflect market yields for comparable investments, considering such factors as relative credit quality, capital structure, and other factors.

In following these approaches, the types of factors that may be taken into account also include, as relevant: available current market data, including relevant and applicable market trading and transaction comparables, security covenants, call protection provisions, information rights, the nature and realizable value of any collateral, the portfolio company’s ability to make payments, its earnings and cash flows, the markets in which the portfolio company does business, comparisons of financial ratios of peer companies that are public, merger and acquisition comparables, comparable costs of capital, the principal market in which the investment trades and enterprise values, among other factors.

Investments may be categorized based on the types of inputs used in valuing such investments. The level in the GAAP valuation hierarchy in which an investment falls is based on the lowest level input that is significant to the valuation of the investment in its entirety. Transfers between levels are recognized as of the beginning of the reporting period.

At December 31, 2024, the Company's investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate
Debt (2)

 

 

Equity
Securities

 

 

Total

 

1

 

Quoted prices in active markets for identical
   assets

 

$

—

 

 

$

—

 

 

$

412,880

 

 

$

412,880

 

2

 

Other direct and indirect observable market
   inputs (3)

 

 

28,557,671

 

 

 

—

 

 

 

—

 

 

 

28,557,671

 

3

 

Independent third-party valuation sources
   that employ significant unobservable inputs

 

 

1,549,242,872

 

 

 

64,772,456

 

 

 

150,615,054

 

 

 

1,764,630,382

 

3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

1,157,403

 

 

 

1,157,403

 

Total

 

 

 

$

1,577,800,543

 

 

$

64,772,456

 

 

$

152,185,337

 

 

$

1,794,758,336

 

 

(1)
Includes senior secured loans
(2)
Includes senior secured notes, unsecured debt and subordinated debt
(3)
For example, quoted prices in inactive markets or quotes for comparable investments

 

2. Summary of Significant Accounting Policies — (continued)

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2024 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,243,224,730

 

 

Income approach

 

Discount rate

 

9.1% - 22.4% (12.3%)

 

 

127,397,885

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 1.4x (0.9x)

 

 

95,787,823

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

41,621,909

 

 

Asset approach (2)

 

N/A

 

N/A

 

 

40,763,182

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 10.8x (4.4x)

 

 

 

447,343

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.2x - 5.3x (4.7x)

 

 

 

 

 

 

Implied volatility

 

35.0% (35.0%)

 

 

 

 

 

 

Term

 

1.5 years - 1.8 years (1.5 years)

Other Corporate Debt

 

 

59,756,438

 

 

Market comparable companies

 

Book value multiples

 

1.5x (1.5x)

 

 

 

5,016,018

 

 

Income approach

 

Discount rate

 

13.5% (13.5%)

Equity

 

 

65,597,083

 

 

Market comparable companies

 

Book value multiples

 

0.8x - 1.5x (1.3x)

 

 

53,598,606

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.3x - 13.8x (10.7x)

 

 

 

 

 

 

Implied volatility

 

40.0% - 75.0% (54.0%)

 

 

 

 

 

 

Term

 

0.3 years - 3.8 years (1.9 years)

 

 

15,738,508

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 4.8x (2.1x)

 

 

15,227,668

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 12.0x (11.3x)

 

 

 

1,610,592

 

 

Transaction approach (3)

 

N/A

 

N/A

 

$

1,765,787,785

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.

 

2. Summary of Significant Accounting Policies — (continued)

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

 

Input

 

Impact to Value if
Input Increases

 

Impact to Value if
Input Decreases

Discount rate

 

Decrease

 

Increase

Revenue multiples

 

Increase

 

Decrease

EBITDA multiples

 

Increase

 

Decrease

Book value multiples

 

Increase

 

Decrease

Implied volatility

 

Increase

 

Decrease

Term

 

Increase

 

Decrease

Yield

 

Increase

 

Decrease

 

 

Changes in investments categorized as Level 3 during the year ended December 31, 2024 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

Net realized and unrealized gains (losses)

 

 

(123,839,154

)

 

 

(8,098,224

)

 

 

(56,062,993

)

 

 

(188,000,371

)

Acquisitions (1)

 

 

871,166,493

 

 

 

20,551,743

 

 

 

45,718,873

 

 

 

937,437,109

 

Dispositions

 

 

(492,544,833

)

 

 

—

 

 

 

(3,381,104

)

 

 

(495,925,937

)

Transfers into Level 3 (2)

 

 

4,872,975

 

 

 

—

 

 

 

—

 

 

 

4,872,975

 

Ending balance

 

$

1,549,242,872

 

 

$

64,772,456

 

 

$

150,615,054

 

 

$

1,764,630,382

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

(110,587,996

)

 

$

(8,098,224

)

 

$

(53,880,086

)

 

$

(172,566,306

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts and Level 3 investments acquired in connection with the Merger.
(2)
Comprised of one investment that was transferred from Level 2 due to reduced number of market quotes.

 

2. Summary of Significant Accounting Policies — (continued)

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

Net realized and unrealized gains (losses)

 

 

—

 

 

 

—

 

 

 

312,788

 

 

 

312,788

 

Ending balance

 

$

—

 

 

$

—

 

 

$

1,157,403

 

 

$

1,157,403

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

312,788

 

 

$

312,788

 

 

 

At December 31, 2023, the Company’s investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate Debt (2)

 

 

Equity
Securities

 

 

Total

 

 1

 

Quoted prices in active markets for identical
  assets

 

$

—

 

 

$

—

 

 

$

565,860

 

 

$

565,860

 

 2

 

Other direct and indirect observable market
  inputs (3)

 

 

47,284,029

 

 

 

—

 

 

 

—

 

 

 

47,284,029

 

 3

 

Independent third-party valuation sources that
  employ significant unobservable inputs

 

 

1,289,587,391

 

 

 

52,318,937

 

 

 

164,340,278

 

 

 

1,506,246,606

 

 3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

844,615

 

 

 

844,615

 

Total

 

 

 

$

1,336,871,420

 

 

$

52,318,937

 

 

$

165,750,753

 

 

$

1,554,941,110

 

 

(1)
Includes senior secured loans.
(2)
Includes senior secured notes, unsecured debt and subordinated debt.
(3)
For example, quoted prices in inactive markets or quotes for comparable investments.

 

2. Summary of Significant Accounting Policies — (continued)

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2023 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,132,856,927

 

 

Income approach

 

Discount rate

 

9.8% - 29.7% (14.3%)

 

 

67,806,880

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

81,471,300

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 3.3x (1.4x)

 

 

1,324,151

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x (3.8x)

 

 

 

4,659,545

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x (1.9x)

 

 

 

 

 

 

Implied volatility

 

65.0% (65.0%)

 

 

 

 

 

 

Term

 

1.3 years (1.3 years)

 

 

 

1,468,588

 

 

Asset approach (2)

 

N/A

 

N/A

Other Corporate Debt

 

 

52,318,937

 

 

Market comparable companies

 

Book value multiples

 

1.6x (1.6x)

Equity

 

 

9,014,890

 

 

Income approach

 

Discount rate

 

13.6% (13.6%)

 

 

 

12,886,826

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 6.0x (1.8x)

 

 

53,885,683

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x - 13.4x (12.6x)

 

 

66,917,544

 

 

Market comparable companies

 

Book value multiples

 

0.9x - 1.6x (1.4x)

 

 

16,402,713

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x - 15.3x (6.4x)

 

 

 

 

 

 

Implied volatility

 

20.0% - 65.0% (57.2%)

 

 

 

 

 

 

Term

 

0.8 years - 3.5 years (1.2 years)

 

 

2,055,657

 

 

Transaction approach (4)

 

N/A

 

N/A

 

 

4,021,580

 

 

Asset approach (3)

 

N/A

 

N/A

 

$

1,507,091,221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date.
(4)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.

 

 

2. Summary of Significant Accounting Policies — (continued)

Changes in investments categorized as Level 3 during the year ended December 31, 2023 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,258,052,376

 

 

$

68,451,437

 

 

$

187,504,790

 

 

$

1,514,008,603

 

Net realized and unrealized gains (losses)

 

 

(14,101,799

)

 

 

1,373,296

 

 

 

(34,070,836

)

 

 

(46,799,339

)

Acquisitions (1)

 

 

221,794,143

 

 

 

2,494,204

 

 

 

13,340,394

 

 

 

237,628,741

 

Dispositions

 

 

(199,873,197

)

 

 

(20,000,000

)

 

 

(1,790,374

)

 

 

(221,663,571

)

Transfers into Level 3 (2)

 

 

23,715,868

 

 

 

—

 

 

 

—

 

 

 

23,715,868

 

Reclassifications within Level 3 (3)

 

 

—

 

 

 

—

 

 

 

(643,696

)

 

 

(643,696

)

Ending balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

(22,128,377

)

 

$

—

 

 

$

(33,951,585

)

 

$

(56,079,962

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of three investments that were transferred from Level 2 due to reduced number of market quotes.
(3)
Comprised of five investments that were reclassified to Valuation Designee Valuation.

 

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

531,024

 

 

$

1,415,738

 

 

$

874,061

 

 

$

2,820,823

 

Net realized and unrealized gains (losses)

 

 

(1,400

)

 

 

(147,734

)

 

 

(67,876

)

 

 

(217,010

)

Acquisitions (1)

 

 

1,400

 

 

 

(148,751

)

 

 

—

 

 

 

(147,351

)

Dispositions

 

 

(531,024

)

 

 

(1,119,253

)

 

 

(605,266

)

 

 

(2,255,543

)

Reclassifications within Level 3 (2)

 

 

—

 

 

 

—

 

 

 

643,696

 

 

 

643,696

 

Ending balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

(411,701

)

 

$

(411,701

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of five investments that were reclassified from Independent Third-Party Valuation.
Investment Transactions

Investment Transactions

Investment transactions are recorded on the trade date, except for private transactions that have conditions to closing, which are recorded on the closing date. The cost of investments purchased is based upon the purchase price plus those professional fees which are specifically identifiable to the investment transaction. Realized gains and losses on investments are recorded based on the specific identification method, which typically allocates the highest cost inventory to the basis of investments sold.
Cash and Cash Equivalents

Cash and Cash Equivalents

Cash consists of amounts held in accounts with the custodian bank. Cash equivalents consist of highly liquid investments with an original maturity of generally 60 days or less and may not be insured by the FDIC or may exceed federally insured limits. Cash equivalents are classified as Level 1 in the GAAP valuation hierarchy. At December 31, 2024, included in cash and cash equivalents was $1.4 million (0.2% of net assets) held in the JPMorgan U.S. Treasury Plus Money Market Fund with a 7-day yield of 4.42% and $59.2 million (7.5% of net assets) held in the Allspring Government Money Market Fund with a 7-day yield of 4.36%. There was no restricted cash at December 31, 2024 or December 31, 2023.

Restricted Investments

Restricted Investments

The Company may invest without limitation in instruments that are subject to legal or contractual restrictions on resale. These instruments generally may be resold to institutional investors in transactions exempt from registration or to the public if the securities are registered. Disposal of these investments may involve time-consuming negotiations and additional expense, and prompt sale at an acceptable price may be difficult. Information regarding restricted investments is included at the end of the Consolidated Schedule of Investments. Restricted investments, including any restricted investments in affiliates, are valued in accordance with the investment valuation policies discussed above.
Foreign Currency Investments

Foreign Currency Investments

The Company may invest in instruments traded in foreign countries and denominated in foreign currencies. Foreign currency denominated investments comprised approximately 0.4% and 0.5% of total investments at December 31, 2024 and December 31, 2023, respectively. Such positions were converted at the respective closing foreign exchange rates in effect at December 31, 2024 and December 31, 2023 and reported in U.S. dollars. Purchases and sales of investments and income and expense items denominated in foreign currencies, when they occur, are translated into U.S. dollars based on the foreign exchange rates in effect on the respective dates of such transactions. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments.

Investments in foreign companies and securities of foreign governments may involve special risks and considerations not typically associated with investing in U.S. companies and securities of the U.S. government. These risks include, among other things, revaluation of currencies, less reliable information about issuers, different transaction clearance and settlement practices, and potential future adverse political and economic developments. Moreover, investments in foreign companies and securities of foreign governments and their markets may be less liquid and their prices more volatile than those of comparable U.S. companies and the U.S. government.
Derivatives

Derivatives

In order to mitigate certain currency exchange and interest rate risks, the Company may enter into certain derivative transactions. All derivatives are subject to a master netting agreement and are reported at their gross amounts as either assets or liabilities in the Consolidated Statements of Assets and Liabilities. Transactions entered into are accounted for using the mark-to-market method with the resulting change in fair value recognized in earnings for the current period. Risks may arise upon entering into these contracts from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in interest rates and the value of foreign currencies relative to the U.S. dollar. Certain derivatives may also require the Company to pledge assets as collateral to secure its obligations.

2. Summary of Significant Accounting Policies — (continued)

Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy.

Merger Sub entered into a centrally-cleared interest rate swap (the “Interest Rate Swap”) to economically hedge the interest payable on the fixed rate tranche of Merger Sub’s 2025 Notes (as defined below) (see Note 4). The notional amount of the Interest Rate Swap is $35.0 million and matures on June 9, 2025. Under the swap agreement, Merger Sub receives a fixed interest rate of 2.633% and pays a floating interest rate of SOFR with payments due annually.

Pursuant to the contract, Merger Sub was required to deposit initial margin with the broker in the form of cash and has agreed to receive from or pay to the broker daily variation margin. The amounts related to the right to claim or the obligation to return cash collateral may not be used to offset amounts due under the Interest Rate Swap contract in the normal course of settlement. Both the initial margin and variation margin paid are included as assets within Due from broker on the Consolidated Statement of Assets and Liabilities at December 31, 2024.

Since the swap contract has not been designated as a hedge accounting relationship pursuant to ASC 815, Derivatives and Hedging, changes in the fair value of the swap contract, net of any periodic interest accruals, are presented as part of change in unrealized appreciation (depreciation) on the Consolidated Statement of Operations. As of December 31, 2024, the Interest Rate Swap had a fair value of $(0.7) million, which is reflected as a liability on the Consolidated Statements of Assets and Liabilities; such fair value is inclusive of any net periodic interest accruals and payments on the contract.

Interest rate swap agreements are valued utilizing quotes received from independent pricing services or through brokers, which are derived using daily swap curves and models that incorporate a number of market data factors, such as discounted cash flows, trades and values of the underlying reference instruments. The fair value of the Interest Rate Swap is classified as Level 2 with respect to the fair value hierarchy.

During the years ended December 31, 2024 and 2023, the Company did not enter into any additional derivative transactions.

Valuations of derivatives are determined using observable market inputs other than quoted prices in active markets for identical assets and, accordingly, are generally classified as Level 2 in the GAAP valuation hierarchy.
Deferred Debt Issuance Costs

Deferred Debt Issuance Costs

Certain costs incurred in connection with the issuance and/or extension of debt of the Company and its subsidiaries were capitalized and are being amortized on a straight-line basis over the estimated life of the respective instruments. The impact of utilizing the straight-line amortization method versus the effective-interest method is not material to the operations of the Company.

Revenue Recognition

Revenue Recognition

Interest and dividend income, including income paid in kind, is recorded on an accrual basis, when such amounts are considered collectible. Origination, structuring, closing, commitment and other upfront fees, including original issue discounts, earned with respect to capital commitments are generally amortized or accreted into interest income over the life of the respective debt investment, as are end-of-term or exit fees receivable upon repayment of a debt investment. Other fees, including certain amendment fees, prepayment fees and commitment fees on broken deals, are recognized as earned. Prepayment fees and similar income due upon the early repayment of a loan or debt security are recognized when earned and are included in interest income.

Certain debt investments are purchased at a discount to par as a result of the underlying credit risks and financial results of the issuer, as well as general market factors that influence the financial markets as a whole. Discounts on the acquisition of corporate bonds are generally amortized using the effective-interest or constant-yield method assuming there are no questions as to collectability. When principal payments on a loan are received in an amount in excess of the loan’s amortized cost, the excess principal payments are recorded as interest income.

2. Summary of Significant Accounting Policies — (continued)

Debt investments are generally placed on non-accrual status when it is probable that principal or interest will not be collected according to the contractual terms. When a debt investment is placed on non-accrual status, accrued and unpaid interest (including any accrued PIK interest) is generally reversed, and discount accretion or premium amortization is discontinued. The Company does not reverse previously capitalized PIK income. Payments received on non-accrual investments may either be recognized as income or applied to principal depending upon the Company’s judgment regarding collectability of the outstanding principal and interest. Non-accrual investments are restored to accrual status if past due principal and interest are paid or, in the Company’s judgment, the repayment of the remaining contractual principal and interest is expected. The Company may opt not to place a distressed debt investment on non-accrual status if principal and interest are secured through sufficient collateral value and are in the process of collection through legal actions or other efforts that are expected to result in repayment of principal and interest.
36th Street Capital Partners, LLC

36th Street Capital Partners, LLC

In accordance with Rules 3-09 and 4-08(g of Regulation S-X (“Rule 3-09” and “Rule 4-08(g),” respectively), the Company must determine which of its unconsolidated controlled portfolio companies are considered “significant subsidiaries,” if any. In evaluating these investments, Rule 1-02(w)(2) of Regulation S-X stipulates two tests to be utilized by a business development company to determine if any of our controlled investments are considered significant subsidiaries for financial reporting purposes: the investment test and the income test. Rule 3-09 requires separate audited financial statements of an unconsolidated majority owned subsidiary in an annual report if any of the tests exceed the thresholds noted in Rule 1-02(w)(2) whereas Rule 4-08(g) only requires summarized financial information in an annual/quarterly report if the thresholds are exceeded. Our investment in 36th Street Capital Partners Holdings, LLC as of December 31, 2024 exceeded the threshold in at least one of the tests for both Rule 3-09 and Rule 4-08(g). Accordingly, we are attaching the audited financial statements of 36th Street Capital Partners Holdings, LLC to this Form 10-K (refer to Exhibits).
Income Taxes

Income Taxes

The Company intends to comply with the requirements of the Internal Revenue Code of 1986, as amended (the "Code"), applicable to RICs, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required. The income or loss of SVCP (including effective from the Closing, the consolidated income or loss of Merger Sub), TCPC Funding, TCPC Funding II and the SBIC is reported in the respective members' or partners’ income tax returns, as applicable. In accordance with ASC Topic 740 - Income Taxes, the Company recognizes in its consolidated financial statements the effect of a tax position when it is determined that such position is more likely than not, based on the technical merits, to be sustained upon examination. The tax returns of the Company, SVCP, TCPC Funding, TCPC Funding II and the SBIC remain open for examination by tax authorities for a period of three years from the date they are filed. No such examinations are currently pending. Management has analyzed tax laws and regulations and their application to the Company as of December 31, 2024, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the consolidated financial statements.

U.S. GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or net asset values per share. As of December 31, 2024 and December 31, 2023, the following permanent differences, primarily attributable to treatment of expenses, amortization methods for premiums and discounts on fixed income securities, were reclassified as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Paid-in capital

 

$

487,501,546

 

 

$

(247,315

)

Accumulated Earnings (Loss)

 

 

(487,501,546

)

 

 

247,315

 

For the year ended December 31, 2024, the Company reclassified $487,501,546 between accumulated earnings and paid-in-capital, respectively on the Consolidated Statement of Assets and Liabilities, including $488,077,104 related to the merger with BCIC. These reclassification entries did not impact total net assets.

The tax character of distributions paid was as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Ordinary income

 

$

115,280,678

 

 

$

97,626,676

 

 

2. Summary of Significant Accounting Policies — (continued)

As of December 31, 2024 and December 31, 2023, the tax components of accumulated net earnings (losses) were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Undistributed Ordinary Income

 

$

15,180,444

 

 

$

6,611,456

 

Non-Expiring Capital Loss Carryforwards (1) (2)

 

 

(636,962,720

)

 

 

(206,680,323

)

Net Unrealized Gains (Losses) (3)

 

 

(324,236,596

)

 

 

(80,030,609

)

Total Accumulated Earnings (Loss)

 

$

(946,018,872

)

 

$

(280,099,476

)

______________

(1) Amount available to offset future realized capital gains.

(2) Amount subject to limitations.

(3) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, amortization methods on fixed income securities, accounting for swap agreements and the accrual of income on securities in default.

As of December 31, 2024 and December 31, 2023, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Tax Cost

 

$

2,120,958,894

 

 

$

1,631,931,217

 

 

 

 

 

 

 

Gross Unrealized Appreciation

 

$

165,148,618

 

 

$

65,463,168

 

Gross Unrealized Depreciation

 

 

(489,385,214

)

 

 

(142,453,275

)

Net Unrealized Appreciation (Depreciation)

 

$

(324,236,596

)

 

$

(76,990,107

)

 

On March 18, 2024, the Company completed its previously announced Merger with BCIC. Pursuant to the Merger Agreement, BCIC was merged with and into Merger Sub, with Merger Sub continuing as the surviving company and as a subsidiary of SVCP. The Merger was considered a tax-free reorganization and the Company has elected to carry forward the historical cost basis of the acquired BCIC investments for tax purposes. As a result of the Merger, BCIC’s separate existence ceased.

 

Important Tax Information (Unaudited)

The fund hereby designates the following amounts, or maximum amounts allowable by law, as interest-related dividends eligible for exemption from U.S. withholding tax for nonresident aliens and foreign corporations for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Interest Related Dividends for Non-U.S. Residents

 

$

93,545,085

 

The Fund hereby designates the following amount, or maximum amount allowable by law, as interest income eligible to be treated as a Section 163(j) interest dividend for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Section 163(j) Interest Dividends

 

 

114,034,527

 

The following amount, or maximum amount allowable by law, is hereby designated as qualified dividend income for individuals for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Qualified Dividend Income

 

$

361,338

 

 

2. Summary of Significant Accounting Policies — (continued)

The following percentage, or maximum percentage allowable by law, of ordinary income distributions paid during the fiscal year ended December 31, 2024 qualified for the dividends-received deduction for corporate shareholders:

 

 

 

December 31, 2024

 

Dividends-Received Deduction

 

 

0.31

%

 
Recent Accounting Pronouncements

Recent Accounting Pronouncements

The Company considers the applicability and impact of all accounting standard updates (“ASU”) issued by the Financial Accounting Standards Board (the “FASB”). ASUs not listed were assessed by the Company and either determined to be not applicable or expected to have minimal impact on its consolidated financial statements.

In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures (“ASU 2023-07”), which enhances disclosure requirements about significant segment expenses that are regularly provided to the chief operating decision maker (the “CODM”). ASU 2023-07, among other things, (i) requires a single segment public entity to provide all of the disclosures as required by ASC 280, (ii) requires a public entity to disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources and (iii) provides the ability for a public entity to elect more than one performance measure. ASU 2023-07 is effective for the fiscal years beginning after December 15, 2023, and interim periods beginning with the first quarter ended March 31, 2025. Early adoption is permitted and retrospective adoption is required for all prior periods presented. The Company has adopted ASU 2023-07 effective December 31, 2024 and concluded that the application of this guidance did not have any material impact on its consolidated financial statements. See Note 13 for more information on the adoption of ASU 2023-07.

In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures (“ASU 2023-09”), which intends to improve the transparency of income tax disclosures. ASU 2023-09 is effective for fiscal years beginning after December 15, 2024 and is to be adopted on a prospective basis with the option to apply retrospectively. The Company is currently assessing the impact of this guidance, however, the Company does not expect a material impact on its consolidated financial statements.

v3.25.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Company's Investment

At December 31, 2024, the Company's investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate
Debt (2)

 

 

Equity
Securities

 

 

Total

 

1

 

Quoted prices in active markets for identical
   assets

 

$

—

 

 

$

—

 

 

$

412,880

 

 

$

412,880

 

2

 

Other direct and indirect observable market
   inputs (3)

 

 

28,557,671

 

 

 

—

 

 

 

—

 

 

 

28,557,671

 

3

 

Independent third-party valuation sources
   that employ significant unobservable inputs

 

 

1,549,242,872

 

 

 

64,772,456

 

 

 

150,615,054

 

 

 

1,764,630,382

 

3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

1,157,403

 

 

 

1,157,403

 

Total

 

 

 

$

1,577,800,543

 

 

$

64,772,456

 

 

$

152,185,337

 

 

$

1,794,758,336

 

 

(1)
Includes senior secured loans
(2)
Includes senior secured notes, unsecured debt and subordinated debt
(3)
For example, quoted prices in inactive markets or quotes for comparable investments

At December 31, 2023, the Company’s investments were categorized as follows:

 

Level

 

Basis for Determining Fair Value

 

Bank Debt (1)

 

 

Other
Corporate Debt (2)

 

 

Equity
Securities

 

 

Total

 

 1

 

Quoted prices in active markets for identical
  assets

 

$

—

 

 

$

—

 

 

$

565,860

 

 

$

565,860

 

 2

 

Other direct and indirect observable market
  inputs (3)

 

 

47,284,029

 

 

 

—

 

 

 

—

 

 

 

47,284,029

 

 3

 

Independent third-party valuation sources that
  employ significant unobservable inputs

 

 

1,289,587,391

 

 

 

52,318,937

 

 

 

164,340,278

 

 

 

1,506,246,606

 

 3

 

Valuation Designee valuations with significant unobservable inputs

 

 

—

 

 

 

—

 

 

 

844,615

 

 

 

844,615

 

Total

 

 

 

$

1,336,871,420

 

 

$

52,318,937

 

 

$

165,750,753

 

 

$

1,554,941,110

 

 

(1)
Includes senior secured loans.
(2)
Includes senior secured notes, unsecured debt and subordinated debt.
(3)
For example, quoted prices in inactive markets or quotes for comparable investments.
Schedule of Unobservable Inputs

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2024 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,243,224,730

 

 

Income approach

 

Discount rate

 

9.1% - 22.4% (12.3%)

 

 

127,397,885

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 1.4x (0.9x)

 

 

95,787,823

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

41,621,909

 

 

Asset approach (2)

 

N/A

 

N/A

 

 

40,763,182

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 10.8x (4.4x)

 

 

 

447,343

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.2x - 5.3x (4.7x)

 

 

 

 

 

 

Implied volatility

 

35.0% (35.0%)

 

 

 

 

 

 

Term

 

1.5 years - 1.8 years (1.5 years)

Other Corporate Debt

 

 

59,756,438

 

 

Market comparable companies

 

Book value multiples

 

1.5x (1.5x)

 

 

 

5,016,018

 

 

Income approach

 

Discount rate

 

13.5% (13.5%)

Equity

 

 

65,597,083

 

 

Market comparable companies

 

Book value multiples

 

0.8x - 1.5x (1.3x)

 

 

53,598,606

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.3x - 13.8x (10.7x)

 

 

 

 

 

 

Implied volatility

 

40.0% - 75.0% (54.0%)

 

 

 

 

 

 

Term

 

0.3 years - 3.8 years (1.9 years)

 

 

15,738,508

 

 

Market comparable companies

 

Revenue multiples

 

0.4x - 4.8x (2.1x)

 

 

15,227,668

 

 

Market comparable companies

 

EBITDA multiples

 

3.5x - 12.0x (11.3x)

 

 

 

1,610,592

 

 

Transaction approach (3)

 

N/A

 

N/A

 

$

1,765,787,785

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.

 

2. Summary of Significant Accounting Policies — (continued)

Certain fair value measurements may employ more than one valuation technique, with each valuation technique receiving a relative weight between 0% and 100%. Generally, a change in an unobservable input may result in a change to the value of an investment as follows:

 

Input

 

Impact to Value if
Input Increases

 

Impact to Value if
Input Decreases

Discount rate

 

Decrease

 

Increase

Revenue multiples

 

Increase

 

Decrease

EBITDA multiples

 

Increase

 

Decrease

Book value multiples

 

Increase

 

Decrease

Implied volatility

 

Increase

 

Decrease

Term

 

Increase

 

Decrease

Yield

 

Increase

 

Decrease

 

Unobservable inputs used in the fair value measurement of Level 3 investments as of December 31, 2023 included the following:

 

Asset Type

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range (Weighted Avg.) (1)

Bank Debt

 

$

1,132,856,927

 

 

Income approach

 

Discount rate

 

9.8% - 29.7% (14.3%)

 

 

67,806,880

 

 

Market quotations

 

Indicative bid/ask quotes

 

1 (1)

 

 

81,471,300

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 3.3x (1.4x)

 

 

1,324,151

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x (3.8x)

 

 

 

4,659,545

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x (1.9x)

 

 

 

 

 

 

Implied volatility

 

65.0% (65.0%)

 

 

 

 

 

 

Term

 

1.3 years (1.3 years)

 

 

 

1,468,588

 

 

Asset approach (2)

 

N/A

 

N/A

Other Corporate Debt

 

 

52,318,937

 

 

Market comparable companies

 

Book value multiples

 

1.6x (1.6x)

Equity

 

 

9,014,890

 

 

Income approach

 

Discount rate

 

13.6% (13.6%)

 

 

 

12,886,826

 

 

Market comparable companies

 

Revenue multiples

 

0.6x - 6.0x (1.8x)

 

 

53,885,683

 

 

Market comparable companies

 

EBITDA multiples

 

3.8x - 13.4x (12.6x)

 

 

66,917,544

 

 

Market comparable companies

 

Book value multiples

 

0.9x - 1.6x (1.4x)

 

 

16,402,713

 

 

Option Pricing Model

 

EBITDA/Revenue multiples

 

1.9x - 15.3x (6.4x)

 

 

 

 

 

 

Implied volatility

 

20.0% - 65.0% (57.2%)

 

 

 

 

 

 

Term

 

0.8 years - 3.5 years (1.2 years)

 

 

2,055,657

 

 

Transaction approach (4)

 

N/A

 

N/A

 

 

4,021,580

 

 

Asset approach (3)

 

N/A

 

N/A

 

$

1,507,091,221

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)
Weighted by fair value.
(2)
Fair value was determined using an asset approach and is based on the remaining cash held, net of all liabilities.
(3)
Fair value was determined based on the most recently available net asset value of the issuer adjusted for identified changes in the valuations of the underlying portfolio of the issuer through the measurement date.
(4)
Fair value was determined using the transaction price to acquire the position. There has been no change to the valuation based on the underlying assumptions used at the closing of such transaction.
Schedule of Changes in Investments

Changes in investments categorized as Level 3 during the year ended December 31, 2024 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

Net realized and unrealized gains (losses)

 

 

(123,839,154

)

 

 

(8,098,224

)

 

 

(56,062,993

)

 

 

(188,000,371

)

Acquisitions (1)

 

 

871,166,493

 

 

 

20,551,743

 

 

 

45,718,873

 

 

 

937,437,109

 

Dispositions

 

 

(492,544,833

)

 

 

—

 

 

 

(3,381,104

)

 

 

(495,925,937

)

Transfers into Level 3 (2)

 

 

4,872,975

 

 

 

—

 

 

 

—

 

 

 

4,872,975

 

Ending balance

 

$

1,549,242,872

 

 

$

64,772,456

 

 

$

150,615,054

 

 

$

1,764,630,382

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

(110,587,996

)

 

$

(8,098,224

)

 

$

(53,880,086

)

 

$

(172,566,306

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts and Level 3 investments acquired in connection with the Merger.
(2)
Comprised of one investment that was transferred from Level 2 due to reduced number of market quotes.

 

2. Summary of Significant Accounting Policies — (continued)

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

Net realized and unrealized gains (losses)

 

 

—

 

 

 

—

 

 

 

312,788

 

 

 

312,788

 

Ending balance

 

$

—

 

 

$

—

 

 

$

1,157,403

 

 

$

1,157,403

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

312,788

 

 

$

312,788

 

 

. Summary of Significant Accounting Policies — (continued)

Changes in investments categorized as Level 3 during the year ended December 31, 2023 were as follows:

 

 

 

Independent Third-Party Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

1,258,052,376

 

 

$

68,451,437

 

 

$

187,504,790

 

 

$

1,514,008,603

 

Net realized and unrealized gains (losses)

 

 

(14,101,799

)

 

 

1,373,296

 

 

 

(34,070,836

)

 

 

(46,799,339

)

Acquisitions (1)

 

 

221,794,143

 

 

 

2,494,204

 

 

 

13,340,394

 

 

 

237,628,741

 

Dispositions

 

 

(199,873,197

)

 

 

(20,000,000

)

 

 

(1,790,374

)

 

 

(221,663,571

)

Transfers into Level 3 (2)

 

 

23,715,868

 

 

 

—

 

 

 

—

 

 

 

23,715,868

 

Reclassifications within Level 3 (3)

 

 

—

 

 

 

—

 

 

 

(643,696

)

 

 

(643,696

)

Ending balance

 

$

1,289,587,391

 

 

$

52,318,937

 

 

$

164,340,278

 

 

$

1,506,246,606

 

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

(22,128,377

)

 

$

—

 

 

$

(33,951,585

)

 

$

(56,079,962

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of three investments that were transferred from Level 2 due to reduced number of market quotes.
(3)
Comprised of five investments that were reclassified to Valuation Designee Valuation.

 

 

 

 

Valuation Designee Valuation

 

 

 

Bank Debt

 

 

Other
Corporate
Debt

 

 

Equity
Securities

 

 

Total

 

Beginning balance

 

$

531,024

 

 

$

1,415,738

 

 

$

874,061

 

 

$

2,820,823

 

Net realized and unrealized gains (losses)

 

 

(1,400

)

 

 

(147,734

)

 

 

(67,876

)

 

 

(217,010

)

Acquisitions (1)

 

 

1,400

 

 

 

(148,751

)

 

 

—

 

 

 

(147,351

)

Dispositions

 

 

(531,024

)

 

 

(1,119,253

)

 

 

(605,266

)

 

 

(2,255,543

)

Reclassifications within Level 3 (2)

 

 

—

 

 

 

—

 

 

 

643,696

 

 

 

643,696

 

Ending balance

 

$

—

 

 

$

—

 

 

$

844,615

 

 

$

844,615

 

 

 

 

 

 

 

 

 

 

 

 

Net change in unrealized
appreciation/depreciation during the
period on investments still held at
period end (included in net realized and
unrealized gains/losses, above)

 

$

—

 

 

$

—

 

 

$

(411,701

)

 

$

(411,701

)

 

(1)
Includes payments received in kind and accretion of original issue and market discounts.
(2)
Comprised of five investments that were reclassified from Independent Third-Party Valuation.
Schedule of Reclassification of Permanent Differences, Primary Attributable to Treatment of Expenses and Investments in Partnerships As of December 31, 2024 and December 31, 2023, the following permanent differences, primarily attributable to treatment of expenses, amortization methods for premiums and discounts on fixed income securities, were reclassified as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Paid-in capital

 

$

487,501,546

 

 

$

(247,315

)

Accumulated Earnings (Loss)

 

 

(487,501,546

)

 

 

247,315

 
Summary of Tax Character of Distributions Paid

The tax character of distributions paid was as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Ordinary income

 

$

115,280,678

 

 

$

97,626,676

 

 

2. Summary of Significant Accounting Policies — (continued)
Schedule of Tax Components of Accumulated Net Earnings (Losses)

As of December 31, 2024 and December 31, 2023, the tax components of accumulated net earnings (losses) were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Undistributed Ordinary Income

 

$

15,180,444

 

 

$

6,611,456

 

Non-Expiring Capital Loss Carryforwards (1) (2)

 

 

(636,962,720

)

 

 

(206,680,323

)

Net Unrealized Gains (Losses) (3)

 

 

(324,236,596

)

 

 

(80,030,609

)

Total Accumulated Earnings (Loss)

 

$

(946,018,872

)

 

$

(280,099,476

)

______________

(1) Amount available to offset future realized capital gains.

(2) Amount subject to limitations.

(3) The difference between book-basis and tax-basis net unrealized gains (losses) was attributable primarily to the timing and recognition of partnership income, amortization methods on fixed income securities, accounting for swap agreements and the accrual of income on securities in default.
Schedule of Cost for U.S. Federal Income Tax

As of December 31, 2024 and December 31, 2023, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

Tax Cost

 

$

2,120,958,894

 

 

$

1,631,931,217

 

 

 

 

 

 

 

Gross Unrealized Appreciation

 

$

165,148,618

 

 

$

65,463,168

 

Gross Unrealized Depreciation

 

 

(489,385,214

)

 

 

(142,453,275

)

Net Unrealized Appreciation (Depreciation)

 

$

(324,236,596

)

 

$

(76,990,107

)
Schedule of Amounts Allowable by Law

The fund hereby designates the following amounts, or maximum amounts allowable by law, as interest-related dividends eligible for exemption from U.S. withholding tax for nonresident aliens and foreign corporations for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Interest Related Dividends for Non-U.S. Residents

 

$

93,545,085

 
The Fund hereby designates the following amount, or maximum amount allowable by law, as interest income eligible to be treated as a Section 163(j) interest dividend for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Section 163(j) Interest Dividends

 

 

114,034,527

 
The following amount, or maximum amount allowable by law, is hereby designated as qualified dividend income for individuals for the fiscal year ended December 31, 2024:

 

 

 

December 31, 2024

 

Qualified Dividend Income

 

$

361,338

 

 

2. Summary of Significant Accounting Policies — (continued)

The following percentage, or maximum percentage allowable by law, of ordinary income distributions paid during the fiscal year ended December 31, 2024 qualified for the dividends-received deduction for corporate shareholders:

 

 

 

December 31, 2024

 

Dividends-Received Deduction

 

 

0.31

%
v3.25.0.1
Debt (Tables)
 12 Months Ended
Dec. 31, 2024
Line Of Credit Facility [Line Items]  
Schedule of Total Debt Outstanding and Available

Total debt outstanding and available at December 31, 2024 was as follows:

 

 

 

Maturity

 

Rate

 

 

Carrying
Value (1)

 

 

Available

 

 

Total
Capacity

 

 

Operating Facility

 

2029

 

SOFR+2.00%

(2)

 

$

120,670,788

 

 

$

179,329,212

 

 

$

300,000,000

 

(3)

Funding Facility II

 

2027

 

SOFR+2.05%

(4)

 

 

75,000,000

 

 

 

125,000,000

 

 

 

200,000,000

 

(5)

Merger Sub Facility(6)

 

2028

 

SOFR+2.00%

(7)

 

 

60,000,000

 

 

 

205,000,000

 

 

 

265,000,000

 

(8)

SBA Debentures

 

2025−2031

 

2.45%

(9)

 

 

131,500,000

 

 

 

10,000,000

 

 

 

141,500,000

 

 

2025 Notes ($92 million par)(6)

 

2025

 

Fixed/Variable

(10)

 

 

92,000,000

 

 

 

—

 

 

 

92,000,000

 

 

2026 Notes ($325 million par)

 

2026

 

2.85%

 

 

 

325,398,402

 

 

 

—

 

 

 

325,398,402

 

 

2029 Notes ($325 million par)

 

2029

 

6.95%

 

 

 

321,745,636

 

 

 

—

 

 

 

321,745,636

 

 

Total leverage

 

 

 

 

 

 

 

1,126,314,826

 

 

$

519,329,212

 

 

$

1,645,644,038

 

 

Unamortized issuance costs

 

 

 

 

 

 

 

(7,974,601

)

 

 

 

 

 

 

 

Debt, net of unamortized issuance costs

 

 

 

 

 

 

$

1,118,340,225

 

 

 

 

 

 

 

 

 

(1)
Except for the 2026 Notes and 2029 Notes all carrying values are the same as the principal amounts outstanding.
(2)
As of December 31, 2024, $113.0 million of the outstanding amount was subject to a SOFR credit adjustment of 0.10%. $7.7 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00%.
(3)
Operating Facility includes a $100.0 million accordion which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions.
(4)
Subject to certain funding requirements and a SOFR credit adjustment of 0.15%.
(5)
Funding Facility II includes a $50.0 million accordion which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions.
(6)
Debt assumed by the Company as a result of the Merger with BCIC.
(7)
The applicable margin for SOFR-based borrowings could be either 1.75% or 2.00% depending on a ratio of the borrowing base to certain committed indebtedness, and is also subject to a credit spread adjustment of 0.10%. If Merger Sub elects to borrow based on the alternate base rate, the applicable margin could be either 0.75% or 1.00% depending on a ratio of the borrowing base to certain committed indebtedness.
(8)
Merger Sub Facility includes a $60.0 million accordion which allows for expansion of the facility to up to $325.0 million subject to consent from the lender and other customary conditions.
(9)
Weighted-average interest rate, excluding fees of 0.35% or 0.36%.
(10)
The 2025 Notes consist of two tranches: $35.0 million aggregate principal amount with a fixed interest rate of 6.85% and $57.0 million aggregate principal amount bearing interest at a rate equal to SOFR plus 3.14%.

Total debt outstanding and available at December 31, 2023 was as follows:

 

 

 

Maturity

 

Rate

 

 

Carrying
Value (1)

 

 

Available

 

 

Total
Capacity

 

 

Operating Facility

 

2026

 

SOFR+2.00%

(2)

 

$

163,168,808

 

 

$

136,831,192

 

 

$

300,000,000

 

(3)

Funding Facility II

 

2027

 

SOFR+2.05%

(4)

 

 

100,000,000

 

 

 

100,000,000

 

 

 

200,000,000

 

(5)

SBA Debentures

 

2024−2031

 

2.52%

(6)

 

 

150,000,000

 

 

 

10,000,000

 

 

 

160,000,000

 

 

2024 Notes ($250 million par)

 

2024

 

3.90%

 

 

 

249,596,009

 

 

 

—

 

 

 

249,596,009

 

 

2026 Notes ($325 million par)

 

2026

 

2.85%

 

 

 

325,791,013

 

 

 

—

 

 

 

325,791,013

 

 

Total leverage

 

 

 

 

 

 

 

988,555,830

 

 

$

246,831,192

 

 

$

1,235,387,022

 

 

Unamortized issuance costs

 

 

 

 

 

 

 

(3,355,221

)

 

 

 

 

 

 

 

Debt, net of unamortized issuance costs

 

 

 

 

 

 

$

985,200,609

 

 

 

 

 

 

 

 

 

(1)
Except for the 2024 Notes and the 2026 Notes, all carrying values are the same as the principal amounts outstanding.

4. Debt — (continued)

(2)
As of December 31, 2023, $155.0 million of the outstanding amount was subject to a SOFR credit adjustment of 0.11%. $8.2 million of the outstanding amount bore interest at a rate of EURIBOR + 2.00%.
(3)
Operating Facility includes a $100.0 million accordion which allows for expansion of the facility to up to $400.0 million subject to consent from the lender and other customary conditions.
(4)
Subject to certain funding requirements and a SOFR credit adjustment of 0.15%.
(5)
Funding Facility II includes a $50.0 million accordion which allows for expansion of the facility to up to $250.0 million subject to consent from the lender and other customary conditions.
(6)
Weighted-average interest rate, excluding fees of 0.35% or 0.36%.
Total Expense Related to Debt

Total expenses related to debt included the following:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Interest expense

 

$

66,160,351

 

 

$

43,953,502

 

 

$

35,516,749

 

Amortization of deferred debt issuance costs

 

 

4,678,811

 

 

 

3,037,427

 

 

 

3,011,599

 

Commitment fees

 

 

1,324,880

 

 

 

819,811

 

 

 

830,548

 

Total

 

$

72,164,042

 

 

$

47,810,740

 

 

$

39,358,896

 
Schedule of SBA Debenture Outstanding

SBA Debentures outstanding as of December 31, 2024 were as follows:

Issuance Date

 

Maturity

 

Debenture
Amount

 

 

Fixed
Interest
Rate

 

 

SBA
Annual
Charge

 

March 25, 2015

 

March 1, 2025

 

$

9,500,000

 

 

 

2.52

%

 

 

0.36

%

September 23, 2015

 

September 1, 2025

 

 

10,800,000

 

 

 

2.83

%

 

 

0.36

%

March 23, 2016

 

March 1, 2026

 

 

4,000,000

 

 

 

2.51

%

 

 

0.36

%

September 21, 2016

 

September 1, 2026

 

 

18,200,000

 

 

 

2.05

%

 

 

0.36

%

September 20, 2017

 

September 1, 2027

 

 

14,000,000

 

 

 

2.52

%

 

 

0.36

%

March 21, 2018

 

March 1, 2028

 

 

8,000,000

 

 

 

3.19

%

 

 

0.35

%

September 19, 2018

 

September 1, 2028

 

 

15,000,000

 

 

 

3.55

%

 

 

0.35

%

September 25, 2019

 

September 1, 2029

 

 

40,000,000

 

 

 

2.28

%

 

 

0.35

%

September 22, 2021

 

September 1, 2031

 

 

12,000,000

 

 

 

1.30

%

 

 

0.35

%

 

 

 

 

$

131,500,000

 

 

 

2.45

%

*

 

 

 

* Weighted-average interest rate

SBA Debentures outstanding as of December 31, 2023 were as follows:

 

Issuance Date

 

Maturity

 

Debenture
Amount

 

 

Fixed
Interest
Rate

 

 

SBA
Annual
Charge

 

September 24, 2014

 

September 1, 2024

 

$

18,500,000

 

 

 

3.02

%

 

 

0.36

%

March 25, 2015

 

March 1, 2025

 

 

9,500,000

 

 

 

2.52

%

 

 

0.36

%

September 23, 2015

 

September 1, 2025

 

 

10,800,000

 

 

 

2.83

%

 

 

0.36

%

March 23, 2016

 

March 1, 2026

 

 

4,000,000

 

 

 

2.51

%

 

 

0.36

%

September 21, 2016

 

September 1, 2026

 

 

18,200,000

 

 

 

2.05

%

 

 

0.36

%

September 20, 2017

 

September 1, 2027

 

 

14,000,000

 

 

 

2.52

%

 

 

0.36

%

March 21, 2018

 

March 1, 2028

 

 

8,000,000

 

 

 

3.19

%

 

 

0.35

%

September 19, 2018

 

September 1, 2028

 

 

15,000,000

 

 

 

3.55

%

 

 

0.35

%

September 25, 2019

 

September 1, 2029

 

 

40,000,000

 

 

 

2.28

%

 

 

0.35

%

September 22, 2021

 

September 1, 2031

 

 

12,000,000

 

 

 

1.30

%

 

 

0.35

%

 

 

 

$

150,000,000

 

 

 

2.52

%

*

 

 

 

* Weighted-average interest rate
2022 Convertible Notes  
Line Of Credit Facility [Line Items]  
Schedule of Component of Carrying Value and Interest Expense of Debt

For the years ended December 31, 2024, 2023 and 2022, the components of interest expense for the convertible notes were as follows:

 

 

 

Year Ended December 31,

 

 

2024

 

2023

 

2022

 

Stated interest expense

 

NA

 

NA

 

$

1,079,167

 

Amortization of original issue discount

 

NA

 

NA

 

 

—

 

Total interest expense

 

NA

 

NA

 

$

1,079,167

 
2024 Notes  
Line Of Credit Facility [Line Items]  
Schedule of Component of Carrying Value and Interest Expense of Debt

As of December 31, 2024 and December 31, 2023, the components of the carrying value of 2024 Notes, 2025 Notes, 2026 Notes and 2029 Notes were as follows:

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

 

2024 Notes

 

2025 Notes

 

 

2026 Notes

 

 

2029 Notes

 

 

2024 Notes

 

 

2026 Notes

 

Principal amount of debt

 

N/A

 

$

92,000,000

 

 

$

325,000,000

 

 

$

325,000,000

 

 

$

250,000,000

 

 

$

325,000,000

 

Original issue (discount)/ premium, net of accretion

 

N/A

 

 

—

 

 

 

398,402

 

 

 

(3,254,364

)

 

 

(403,991

)

 

 

791,013

 

Carrying value of debt

 

N/A

 

$

92,000,000

 

 

$

325,398,402

 

 

$

321,745,636

 

 

$

249,596,009

 

 

$

325,791,013

 

 

4. Debt — (continued)

For the years ended December 31, 2024, 2023 and 2022, the components of interest expense for the 2022 Notes, 2024 Notes, 2025 Notes, 2026 Notes and 2029 Notes were as follows:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2024 Notes

 

 

2025 Notes

 

 

2026 Notes

 

 

2029 Notes

 

 

2024 Notes

 

 

2026 Notes

 

 

2024 Notes

 

 

2026 Notes

 

Stated interest expense

 

$

6,283,333

 

 

$

5,695,845

 

 

$

9,262,500

 

 

$

13,176,042

 

 

$

9,750,000

 

 

$

9,262,500

 

 

$

9,750,000

 

 

$

9,262,500

 

Amortization of original issue discount/ (premium)

 

 

403,991

 

 

 

—

 

 

 

(392,611

)

 

 

359,636

 

 

 

598,483

 

 

 

(383,721

)

 

 

574,357

 

 

 

(375,092

)

Total interest expense

 

$

6,687,324

 

 

$

5,695,845

 

 

$

8,869,889

 

 

$

13,535,678

 

 

$

10,348,483

 

 

$

8,878,779

 

 

$

10,324,357

 

 

$

8,887,408

 

 
v3.25.0.1
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk (Tables)
 12 Months Ended
Dec. 31, 2024
Commitments Contingencies Concentration Of Credit Risk And Off Balance Sheet Risk [Abstract]  
Schedule of Certain Revolving Loan Facilities and Other Commitments with Unfunded Balances

 

 

 

 

Unfunded Balances

 

Issuer

 

Maturity

 

December 31, 2024

 

 

December 31, 2023

 

2-10 Holdco, Inc.

 

3/26/2026

 

$

—

 

 

$

723,670

 

Accordion Partners LLC

 

11/15/2031

 

 

984,286

 

 

NA

 

Accordion Partners LLC

 

11/15/2031

 

 

656,191

 

 

NA

 

Accordion Partners LLC

 

8/31/2028

 

NA

 

 

 

111,925

 

Accuserve Solutions, Inc.

 

3/15/2030

 

 

2,273,092

 

 

NA

 

Acquia, Inc.

 

11/1/2025

 

 

832,182

 

 

 

960,792

 

Alcami Corporation

 

12/21/2028

 

NA

 

 

 

546,266

 

Alcami Corporation

 

12/21/2028

 

 

1,080,091

 

 

 

874,025

 

AlphaSense, Inc.

 

6/27/2029

 

 

4,641,664

 

 

NA

 

Alpine Acquisition Corp II (48Forty)

 

11/30/2026

 

 

483,992

 

 

 

71,628

 

AmeriLife Holdings, LLC

 

8/31/2028

 

 

742,492

 

 

NA

 

AmeriLife Holdings, LLC

 

8/31/2029

 

NA

 

 

 

76,212

 

AmeriLife Holdings, LLC

 

8/31/2028

 

NA

 

 

 

227,273

 

Applause App Quality, Inc.

 

9/20/2025

 

NA

 

 

 

1,133,535

 

Applause App Quality, Inc.

 

10/24/2029

 

 

1,307,719

 

 

NA

 

Appriss Health, LLC (PatientPing)

 

5/6/2027

 

 

736,257

 

 

 

544,531

 

Aras Corporation

 

4/13/2029

 

 

727,344

 

 

 

116,311

 

Avalara, Inc.

 

10/19/2028

 

 

270,000

 

 

 

45,000

 

Backoffice Associates Holdings, LLC (Syniti)

 

4/30/2026

 

NA

 

 

 

428,647

 

Bluefin Holding, LLC (Allvue)

 

9/12/2029

 

 

762,821

 

 

 

89,744

 

Bonterra LLC (fka CyberGrants Holdings, LLC)

 

9/8/2027

 

 

200,000

 

 

 

194,444

 

Bynder Bidco B.V. (Netherlands)

 

1/26/2029

 

 

1,259,424

 

 

 

882,000

 

Bynder Bidco, Inc. (Netherlands)

 

1/26/2029

 

 

346,984

 

 

 

243,000

 

CareATC, Inc.

 

3/14/2026

 

 

945,362

 

 

 

607,288

 

Clever Devices Ltd.

 

6/12/2030

 

 

441,176

 

 

NA

 

Community Merger Sub Debt LLC (CINC Systems)

 

1/18/2030

 

 

428,571

 

 

NA

 

Crewline Buyer, Inc. (New Relic)

 

11/8/2030

 

 

163,522

 

 

 

81,761

 

CSG Buyer, Inc. (Core States)

 

3/31/2028

 

NA

 

 

 

2,921,165

 

CSG Buyer, Inc. (Core States)

 

3/31/2028

 

NA

 

 

 

1,460,583

 

Disco Parent, Inc. (Duck Creek Technologies)

 

3/30/2029

 

 

604,041

 

 

 

90,909

 

DNAnexus, Inc

 

12/20/2029

 

 

18,375,000

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

3,648,967

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

3,317,243

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

1,589,628

 

 

NA

 

Douglas Holdings, Inc (Docupace)

 

8/27/2030

 

 

1,326,897

 

 

NA

 

e-Discovery Acquireco, LLC (Reveal)

 

8/29/2029

 

 

748,071

 

 

 

83,333

 

Emerald Technologies (U.S.) AcquisitionCo, Inc.

 

12/29/2026

 

 

829,369

 

 

 

531,907

 

ESO Solutions, Inc.

 

5/3/2027

 

 

709,962

 

 

 

700,111

 

Fusion Holding Corp. (Finalsite)

 

9/15/2027

 

 

299,035

 

 

 

37,736

 

Fusion Risk Management, Inc.

 

5/22/2029

 

 

642,857

 

 

 

107,143

 

GTY Technology Holdings Inc.

 

7/9/2029

 

 

1,016,653

 

 

NA

 

GTY Technology Holdings Inc.

 

7/9/2029

 

 

394,917

 

 

 

41,538

 

Honey Intermediate, Inc. (iLobby) (Canada)

 

9/26/2030

 

 

2,352,941

 

 

NA

 

Huckabee Acquisition, LLC (MOREgroup)

 

1/16/2030

 

 

322,581

 

 

NA

 

Huckabee Acquisition, LLC (MOREgroup)

 

1/16/2030

 

 

193,548

 

 

NA

 

ICIMS, Inc.

 

8/18/2028

 

NA

 

 

 

886,195

 

ICIMS, Inc.

 

8/18/2028

 

 

1,160,129

 

 

 

330,556

 

Integrate.com, Inc.

 

12/17/2027

 

 

14,000

 

 

 

10,000

 

Integrity Marketing Acquisition, LLC

 

8/27/2026

 

NA

 

 

 

10,254,564

 

Integrity Marketing Acquisition, LLC

 

8/25/2028

 

 

15,422,318

 

 

NA

 

Intercept Bidco, Inc.

 

6/3/2030

 

 

416,667

 

 

NA

 

 

 

5. Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk — (continued)

 

 

 

 

 

Unfunded Balances

 

Issuer

 

Maturity

 

December 31, 2024

 

 

December 31, 2023

 

Intercept Bidco, Inc.

 

6/3/2030

 

 

277,778

 

 

NA

 

IT Parent, LLC (Insurance Technologies)

 

10/1/2026

 

NA

 

 

 

104,167

 

James Perse Enterprises, Inc.

 

9/8/2027

 

 

3,006,884

 

 

 

1,944,444

 

Kaseya, Inc.

 

6/25/2029

 

 

412,951

 

 

 

93,900

 

Kaseya, Inc.

 

6/25/2029

 

 

416,280

 

 

 

75,000

 

Kellermeyer Bergensons Services, LLC

 

11/6/2028

 

 

39,048

 

 

NA

 

Lighthouse Parent Holdings, Inc (Aperture)

 

12/20/2031

 

 

5,826,746

 

 

NA

 

Lighthouse Parent Holdings, Inc (Aperture)

 

12/20/2031

 

 

2,330,698

 

 

NA

 

LJ Avalon Holdings, LLC (Ardurra)

 

2/1/2030

 

NA

 

 

 

1,275,925

 

LJ Avalon Holdings, LLC (Ardurra)

 

2/1/2029

 

 

1,121,737

 

 

 

837,680

 

Logicmonitor, Inc

 

11/19/2031

 

 

50,748

 

 

NA

 

Lucky US BuyerCo, LLC (Global Payments)

 

3/30/2029

 

 

222,333

 

 

 

277,917

 

Madison Logic Holdings, Inc.

 

12/30/2027

 

 

752,321

 

 

 

1,069,947

 

Mesquite Bidco, LLC

 

11/30/2029

 

NA

 

 

 

1,585,403

 

Modigent, LLC (Pueblo)

 

8/23/2027

 

 

80,100

 

 

 

39,167

 

Modigent, LLC (Pueblo)

 

8/23/2028

 

 

1,536,784

 

 

NA

 

OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia)

 

6/3/2027

 

 

328,745

 

 

NA

 

Oranje Holdco, Inc. (KnowBe4)

 

2/1/2029

 

 

1,646,924

 

 

 

1,229,873

 

Oversight Systems, Inc.

 

9/24/2026

 

NA

 

 

 

212,667

 

Persado, Inc.

 

6/10/2027

 

 

101,431

 

 

NA

 

PHC Buyer, LLC (Patriot Home Care)

 

5/4/2028

 

NA

 

 

 

3,266,234

 

PlayPower, Inc

 

8/28/2030

 

 

1,313,131

 

 

NA

 

Pluralsight, Inc.

 

8/22/2029

 

 

3,775,409

 

 

NA

 

Pluralsight, Inc.

 

4/6/2027

 

NA

 

 

 

539,019

 

Pluralsight, Inc.

 

8/22/2029

 

 

1,849,410

 

 

NA

 

PMA Parent Holdings, LLC

 

1/31/2031

 

 

750,000

 

 

NA

 

Razor Group GmbH (Germany)

 

4/30/2025

 

NA

 

 

 

3,834,569

 

Rialto Management Group, LLC

 

12/5/2030

 

 

172,414

 

 

NA

 

Sailpoint Technologies Holdings, Inc.

 

8/16/2028

 

 

371,281

 

 

 

37,538

 

Sandata Technologies, LLC

 

7/23/2024

 

NA

 

 

 

1,050,000

 

SellerX Germany GmbH (Germany)

 

11/22/2029

 

 

1,346,022

 

 

NA

 

SellerX Germany GmbH (Germany)

 

5/23/2026

 

NA

 

 

 

5,034,506

 

SellerX Germany GmbH (Germany)

 

10/28/2026

 

 

538,409

 

 

NA

 

SEP Eiger BidCo Ltd. (Beqom) (Switzerland)

 

5/9/2028

 

 

1,460,107

 

 

 

1,601,742

 

SEP Raptor Acquisition, Inc. (Loopio) (Canada)

 

3/31/2027

 

 

1,908,116

 

 

NA

 

Serrano Parent, LLC (Sumo Logic)

 

5/13/2030

 

 

697,970

 

 

 

90,000

 

Showtime Acquisition, L.L.C. (World Choice)

 

8/7/2028

 

NA

 

 

 

1,039,117

 

Showtime Acquisition, L.L.C. (World Choice)

 

8/7/2028

 

NA

 

 

 

1,298,896

 

Skydio, Inc

 

12/4/2029

 

 

6,562,500

 

 

NA

 

Skydio, Inc

 

12/4/2029

 

 

6,562,500

 

 

NA

 

Sonny’s Enterprises, LLC

 

8/5/2027

 

 

132,940

 

 

NA

 

Spark Buyer, LLC (Sparkstone)

 

10/15/2031

 

 

4,482,759

 

 

NA

 

Spark Buyer, LLC (Sparkstone)

 

10/15/2031

 

 

2,241,379

 

 

NA

 

Spartan Bidco Pty Ltd (StarRez) (Australia)

 

1/24/2028

 

 

802,885

 

 

NA

 

SumUp Holdings Luxembourg S.A.R.L. (Luxembourg)

 

4/25/2031

 

 

8,668,407

 

 

NA

 

Superman Holdings, LLC (Foundation Software)

 

8/31/2026

 

NA

 

 

 

1,256,026

 

Thunder Purchaser, Inc. (Vector Solutions)

 

6/30/2028

 

 

5,409,810

 

 

NA

 

Titan Home Improvement, LLC (Renuity)

 

5/31/2030

 

 

348,837

 

 

NA

 

Titan Home Improvement, LLC (Renuity)

 

5/31/2030

 

 

290,698

 

 

NA

 

Trintech, Inc.

 

7/25/2029

 

 

152,143

 

 

 

43,469

 

Vortex Companies, LLC

 

9/4/2029

 

 

140,839

 

 

 

68,547

 

Wealth Enhancement Group, LLC

 

10/4/2027

 

NA

 

 

 

71,696

 

Wealth Enhancement Group, LLC

 

10/4/2027

 

NA

 

 

 

26,980

 

Xactly Corporation

 

7/31/2027

 

 

854,898

 

 

 

854,898

 

Zendesk Inc.

 

11/22/2028

 

 

1,393,091

 

 

 

95,503

 

Zendesk Inc.

 

11/22/2028

 

 

573,626

 

 

 

39,325

 

Zilliant Incorporated

 

12/21/2027

 

 

296,296

 

 

 

148,148

 

Total Unfunded Balances

 

 

$

143,915,382

 

 

$

54,556,095

 

 
v3.25.0.1
Stockholders’ Equity and Dividends (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Summary of Dividends Declared and Paid

The Company’s dividends are recorded on the ex-dividend date. The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2024:

 

Date Declared

 

Record Date

 

Payment Date

 

Type

 

Amount
Per
Share

 

 

Total Amount

 

 

Reinvested Amount(1)

 

February 29, 2024

 

March 14, 2024

 

March 29, 2024

 

Regular

 

$

0.34

 

 

$

19,640,870

 

 

$

—

 

May 1, 2024

 

June 14, 2024

 

June 28, 2024

 

Regular

 

 

0.34

 

 

 

29,100,986

 

 

 

771,651

 

August 7, 2024

 

September 16, 2024

 

September 30, 2024

 

Regular

 

 

0.34

 

 

 

29,100,986

 

 

 

722,140

 

November 6, 2024

 

December 17, 2024

 

December 31, 2024

 

Regular

 

 

0.34

 

 

 

28,929,237

 

 

 

637,485

 

November 6, 2024

 

December 17, 2024

 

December 31, 2024

 

Special

 

 

0.10

 

 

 

8,508,599

 

 

 

187,495

 

 

 

 

 

 

 

 

$

1.46

 

 

$

115,280,678

 

 

$

2,318,771

 

 

(1)
Dividends reinvested through purchase of shares in the open market.

The following table summarizes the Company’s dividends declared and paid for the year ended December 31, 2023:

 

Date Declared

 

Record Date

 

Payment Date

 

Type

 

Amount
Per
Share

 

 

Total Amount

 

 

Reinvested Amount(1)

 

February 28, 2023

 

March 17, 2023

 

March 31, 2023

 

Regular

 

$

0.32

 

 

$

18,485,524

 

 

$

—

 

May 4, 2023

 

June 16, 2023

 

June 30, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

August 3, 2023

 

September 15, 2023

 

September 29, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

August 3, 2023

 

September 15, 2023

 

September 29, 2023

 

Special

 

 

0.10

 

 

 

5,776,726

 

 

 

—

 

November 2, 2023

 

December 15, 2023

 

December 29, 2023

 

Regular

 

 

0.34

 

 

 

19,640,870

 

 

 

—

 

November 2, 2023

 

December 15, 2023

 

December 29, 2023

 

Special

 

 

0.25

 

 

 

14,441,816

 

 

 

—

 

 

 

 

 

 

 

 

$

1.69

 

 

$

97,626,676

 

 

$

—

 

 

(1)
No dividend reinvestment plan was effective for the year ended December 31, 2023.
Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees

The following table summarizes the total shares repurchased and amounts paid by the Company under the Company Repurchase Plan, including broker fees, for the year ended December 31, 2024:

 

 

 

Shares Repurchased

 

 

Price Per Share*

 

 

Total Cost

 

Company Repurchase Plan

 

 

510,687

 

 

$

8.86

 

 

$

4,524,639

 

 

* Weighted-average price per share
v3.25.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Computation Of Net Increase In Net Assets Per Share Resulting From Operations The following information sets forth the computation of the net increase in net assets per share resulting from operations for the years ended December 31, 2024, 2023 and 2022:

 

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Net increase (decrease) in net assets from operations

 

$

(63,137,172

)

 

$

38,474,432

 

 

$

(9,225,332

)

Weighted average shares outstanding

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

Earnings (loss) per share

 

$

(0.79

)

 

$

0.67

 

 

$

(0.16

)

 
v3.25.0.1
Financial Highlights (Tables)
 12 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Schedule of Financial Highlights

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

$

13.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.66

 

 

 

1.85

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Excise taxes

 

 

0.00

 

 

 

(0.01

)

 

 

—

 

 

 

—

 

 

 

—

 

Net investment income (1)

 

 

1.66

 

 

 

1.84

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Net realized and unrealized gain (loss) (1)

 

 

(2.60

)

 

 

(1.18

)

 

 

(1.69

)

 

 

1.17

 

 

 

(0.16

)

Total from investment operations

 

 

(0.94

)

 

 

0.66

 

 

 

(0.16

)

 

 

2.43

 

 

 

1.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net decrease in net assets as a result of issuance of shares in connection with the Merger (2)

 

 

(0.28

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

Repurchase of common stock

 

 

0.01

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.12

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Loss on extinguishment of debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.11

)

 

 

(0.04

)

Cumulative effect adjustment for the adoption of ASU 2020-06 (3)

 

 

—

 

 

 

—

 

 

0.00

 

 

 

—

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary income dividends

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.13

)

Tax basis returns of capital

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.19

)

Dividends to common shareholders (4)

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.32

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at end of period

 

$

9.23

 

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

8.71

 

 

$

11.54

 

 

$

12.94

 

 

$

13.51

 

 

$

11.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value (5)

 

 

(11.9

)%

 

 

2.2

%

 

 

5.2

%

 

 

30.9

%

 

 

(10.6

)%

Total return based on net asset value (6)

 

 

(10.2

)%

 

 

5.1

%

 

 

-1.1

%

 

 

17.5

%

 

 

10.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

85,080,447

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (7)

 

 

15.6

%

 

 

14.2

%

 

 

10.8

%

 

 

9.0

%

 

 

11.3

%

Expenses before incentive fee (8)

 

 

12.8

%

 

 

10.7

%

 

 

9.0

%

 

 

9.3

%

 

 

10.0

%

Expenses and incentive fee (9)

 

 

15.1

%

 

 

13.7

%

 

 

11.3

%

 

 

11.5

%

 

 

12.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

785,123,667

 

 

$

687,601,546

 

 

$

746,753,790

 

 

$

829,456,636

 

 

$

764,986,578

 

Portfolio turnover rate

 

 

18.3

%

 

 

13.5

%

 

 

19.4

%

 

 

35.6

%

 

 

28.3

%

Weighted-average debt outstanding

 

$

1,234,022,372

 

 

$

1,001,667,440

 

 

$

1,023,880,532

 

 

$

985,506,056

 

 

$

936,157,021

 

Weighted-average interest rate on debt

 

 

5.4

%

 

 

4.4

%

 

 

3.5

%

 

 

3.6

%

 

 

3.9

%

Weighted-average number of common shares

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,991,233

 

Weighted-average debt per share

 

$

15.49

 

 

$

17.34

 

 

$

17.72

 

 

$

17.06

 

 

$

16.14

 

 

Asset Coverage:

 

As of December 31,

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (10)

 

$

1,126,314,826

 

 

$

988,555,830

 

 

$

949,062,241

 

 

$

1,019,339,449

 

 

$

856,324,371

 

 

Asset coverage per $1,000 of debt outstanding (11)

 

$

1,789

 

 

$

1,643

 

 

$

1,929

 

 

$

1,948

 

 

$

2,058

 

 
(1)
Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
(2)
Calculated as the number of shares issued by the Company in connection with the Merger times the discount per share based on the closing price per share and the NAV per share at the time of the closing of the Merger.
(3)
See Note 2 and 4 for further information related to the adoption of ASU 2020-06.
(4)
Dividends to common shareholders include a tax return of capital of $0 ($0.00 per share), $0 ($0.00 per share), $0 ($0.00 per share), $13,563,291 ($0.23 per share) and $11,313,222 ($0.19 per share) for the years ended December 31, 2024, 2023 and 2022, 2021 and 2020, respectively.
(5)
Total return based on market value is calculated by determining the percentage change in market value per share during the period.

10. Financial Highlights — (continued)

(6)
Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
(7)
Net of incentive compensation and excise taxes.
(8)
Includes interest and other debt costs but excludes excise taxes.
(9)
Includes incentive compensation and all Company expenses including interest and other debt costs.
(10)
Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
(11)
Excludes SBA Debentures.
v3.25.0.1
Senior Securities (Tables)
 12 Months Ended
Dec. 31, 2024
Senior Securities [Abstract]  
Summary of Senior Securities

Information about the Company's senior securities is shown in the following table as of the end of each of the last ten fiscal years and the period ended December 31, 2024.

 

 

Class and Year

 

Total Amount
Outstanding(1)

 

 

Asset Coverage
Per Unit(2)

 

 

Involuntary Liquidating
Preference Per Unit(3)

 

 

Average Market
Value Per Unit(4)

Operating Facility

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

120,671

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

163,169

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

123,890

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

154,480

 

 

 

11,020

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

120,454

 

 

 

9,508

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

108,498

 

 

 

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

82,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

57,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

100,500

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

124,500

 

 

 

3,076

 

 

 

—

 

 

N/A

Funding Facility I

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

$

158,000

 

 

$

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

212,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

175,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

175,000

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

229,000

 

 

 

3,076

 

 

 

—

 

 

N/A

Funding Facility II

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

75,000

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

100,000

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

100,000

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

-

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

36,000

 

 

 

9,508

 

 

 

—

 

 

N/A

Merger Sub Facility

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

60,000

 

 

$

6,932

 

 

 

—

 

 

N/A

SBA Debentures

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

131,500

 

 

$

6,932

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

150,000

 

 

 

5,244

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

150,000

 

 

 

6,906

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

150,000

 

 

 

11,020

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

138,000

 

 

 

9,508

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

138,000

 

 

 

5,812

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

98,000

 

 

 

5,221

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

83,000

 

 

 

6,513

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

61,000

 

 

 

4,056

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

42,800

 

 

 

3,076

 

 

 

—

 

 

N/A

2019 Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

$

108,000

 

 

$

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

108,000

 

 

 

2,335

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

108,000

 

 

 

2,352

 

 

 

—

 

 

N/A

Fiscal Year 2015

 

 

108,000

 

 

 

2,429

 

 

 

—

 

 

N/A

2022 Convertible Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

$

140,000

 

 

$

1,948

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

140,000

 

 

 

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

140,000

 

 

 

1,992

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

140,000

 

 

 

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

140,000

 

 

 

2,335

 

 

 

—

 

 

N/A

Fiscal Year 2016

 

 

140,000

 

 

 

2,352

 

 

 

—

 

 

N/A

 

11. Senior Securities — (continued)

 

Class and Year

 

Total Amount
Outstanding(1)

 

 

Asset Coverage
Per Unit(2)

 

 

Involuntary Liquidating
Preference Per Unit(3)

 

 

Average Market
Value Per Unit(4)

2022 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

$

175,000

 

 

$

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

175,000

 

 

 

1,992

 

 

 

—

 

 

N/A

Fiscal Year 2018

 

 

175,000

 

 

 

2,157

 

 

 

—

 

 

N/A

Fiscal Year 2017

 

 

175,000

 

 

 

2,335

 

 

 

—

 

 

N/A

2024 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

N/A

 

 

N/A

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

$

250,000

 

 

$

1,643

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

250,000

 

 

 

1,929

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

250,000

 

 

 

1,948

 

 

 

—

 

 

N/A

Fiscal Year 2020

 

 

250,000

 

 

 

2,058

 

 

 

—

 

 

N/A

Fiscal Year 2019

 

 

200,000

 

 

 

1,992

 

 

 

—

 

 

N/A

2025 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

92,000

 

 

$

1,789

 

 

 

—

 

 

N/A

2026 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

325,000

 

 

$

1,789

 

 

 

—

 

 

N/A

Fiscal Year 2023

 

 

325,000

 

 

 

1,643

 

 

 

—

 

 

N/A

Fiscal Year 2022

 

 

325,000

 

 

 

1,929

 

 

 

—

 

 

N/A

Fiscal Year 2021

 

 

325,000

 

 

 

1,948

 

 

 

—

 

 

N/A

2029 Notes

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year 2024

 

$

325,000

 

 

$

1,789

 

 

 

—

 

 

N/A

 

(1)
Total amount of each class of senior securities outstanding at the end of the period presented (in 1,000’s).
(2)
The asset coverage ratio for a class of senior securities representing indebtedness is calculated as our consolidated total assets, less all liabilities and indebtedness not represented by senior securities, divided by senior securities representing indebtedness. For the Operating Facility, Funding Facility I, Funding Facility II and Merger Sub Facility, the asset coverage ratio with respect to indebtedness is multiplied by $1,000 to determine the Asset Coverage Per Unit.
(3)
The amount to which such class of senior security would be entitled upon the voluntary liquidation of the issuer in preference to any security junior to it. The “—” in this column indicates that the SEC expressly does not require this information to be disclosed for certain types of senior securities.
(4)
The Company's senior securities are not registered for public trading.
v3.25.0.1
Merger with BlackRock Capital Investment Corporation (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Summary Of Recognized Identified Assets Acquired And Liabilities Assumed

The following table summarizes the allocation of the consideration paid to the assets acquired and liabilities assumed as a result of the Merger:

 

Common stock issued by the Company (1)

 

$

280,464,610

 

 

Transaction costs

 

 

2,366,408

 

 

   Total purchase price

 

$

282,831,018

 

 

Assets acquired:

 

 

 

 

Investments(2)

 

$

586,983,708

 

 

Cash and cash equivalents

 

 

11,670,610

 

 

Interest, dividends and fees receivable

 

 

10,373,421

 

 

Due from broker

 

 

2,048,141

 

 

Other assets

 

 

3,731,006

 

 

   Total assets acquired

 

 

614,806,886

 

 

Liabilities assumed:

 

 

 

 

Debt

 

 

315,296,749

 

 

Dividends payable (3)

 

 

7,257,191

 

 

Management fees payable

 

 

1,888,664

 

 

Interest rate swap, at fair value

 

 

1,674,309

 

 

Incentive fees payable

 

 

1,363,625

 

 

Other liabilities

 

 

4,495,330

 

 

Total liabilities assumed

 

 

331,975,868

 

 

   Net assets acquired

 

$

282,831,018

 

 
(1)
Based on the Company's market price of $10.08 and 27,823,870 shares of common stock issued by the Company at closing.
(2)
Investments acquired were recorded at fair value at the date of the acquisition, which is also the Company's initial cost basis in the investments, and reflects the impact of a $21,886,848 purchase discount.
(3)
Declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024 and paid on March 29, 2024 out of BCIC cash and cash equivalents acquired by the Company.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates and Controlled Affiliates (Tables)
 12 Months Ended
Dec. 31, 2024
Non Controlled Affiliates  
Summary of Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates

Security

 

Dividends or
Interest (2)

 

 

Fair Value at
December 31, 2023

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2024

 

Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027

 

$

228,253

 

 

$

5,232,821

 

 

$

(184,796

)

 

$

(146,321

)

 

$

(5,086,500

)

 

$

184,796

 

 

$

—

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29

 

 

990,675

 

 

 

—

 

 

 

—

 

 

 

(199,170

)

 

 

11,575,692

 

 

 

—

 

 

 

11,376,522

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26

 

 

176,882

 

 

 

4,979,720

 

 

 

—

 

 

 

3,987

 

 

 

(4,983,707

)

 

 

—

 

 

 

—

 

Hylan Novellus LLC, Class A Units

 

 

—

 

 

 

2,827,373

 

 

 

(12,625,342

)

 

 

10,990,444

 

 

 

(1,192,475

)

 

 

—

 

 

 

—

 

Hylan Global LLC, Parent Common Units

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(440,114

)

 

 

738,447

 

 

 

—

 

 

 

298,333

 

Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26

 

 

169,332

 

 

 

1,324,151

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(481,509

)

 

 

842,642

 

Iracore Investments Holdings, Inc., Class A Common Stock

 

 

283,370

 

 

 

1,799,178

 

 

 

—

 

 

 

(748,802

)

 

 

—

 

 

 

—

 

 

 

1,050,376

 

TVG-Edmentum Holdings, LLC, Series B-1 Common Units

 

 

2,985,869

 

 

 

24,629,566

 

 

 

—

 

 

 

(13,156,809

)

 

 

2,985,869

 

 

 

—

 

 

 

14,458,626

 

TVG-Edmentum Holdings, LLC, Series B-2 Common Units

 

 

—

 

 

 

24,629,566

 

 

 

—

 

 

 

(10,170,940

)

 

 

—

 

 

 

—

 

 

 

14,458,626

 

TVG-Edmentum Holdings, LLC, Series C-2 Preferred Units

 

 

456,587

 

 

 

—

 

 

 

—

 

 

 

1,472,182

 

 

 

5,487,388

 

 

 

—

 

 

 

6,959,570

 

Total

 

$

5,290,968

 

 

$

65,422,375

 

 

$

(12,810,138

)

 

$

(12,395,543

)

 

$

9,524,714

 

 

$

(296,713

)

 

$

49,444,695

 

 

Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.

Security

 

Dividends or
Interest (2)

 

 

Fair Value at
December 31, 2022

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2023

 

Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24

 

$

191,149

 

 

$

1,324,140

 

 

$

—

 

 

$

—

 

 

$

11

 

 

$

—

 

 

$

1,324,151

 

Iracore Investments Holdings, Inc., Class A Common Stock

 

 

—

 

 

 

2,983,163

 

 

 

—

 

 

 

(1,183,985

)

 

 

—

 

 

 

—

 

 

 

1,799,178

 

Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027

 

 

581,023

 

 

 

—

 

 

 

—

 

 

 

104,575

 

 

 

5,260,111

 

 

 

(131,865

)

 

 

5,232,821

 

Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26

 

 

683,947

 

 

 

—

 

 

 

—

 

 

 

1,495

 

 

 

4,978,225

 

 

 

—

 

 

 

4,979,720

 

Hylan Novellus LLC, Class A Units

 

 

—

 

 

 

 

 

 

—

 

 

 

(9,402,715

)

 

 

12,230,088

 

 

 

—

 

 

 

2,827,373

 

TVG-Edmentum Holdings, LLC, Series A Preferred Units

 

 

45,650

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

TVG-Edmentum Holdings, LLC, Series B-1 Common Units

 

 

2,652,917

 

 

 

32,391,197

 

 

 

—

 

 

 

(10,414,537

)

 

 

2,652,906

 

 

 

—

 

 

 

24,629,566

 

TVG-Edmentum Holdings, LLC, Series B-2 Common Units

 

 

—

 

 

 

32,391,197

 

 

 

—

 

 

 

(7,761,631

)

 

 

—

 

 

 

—

 

 

 

24,629,566

 

Total

 

$

4,154,686

 

 

$

69,089,697

 

 

$

—

 

 

$

(28,656,798

)

 

$

25,121,341

 

 

$

(131,865

)

 

$

65,422,375

 

 

 

Notes to Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
(2)
Also includes fee and lease income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.
Controlled Investments  
Summary of Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates

Security

 

Dividends
or Interest (2)

 

 

Fair Value at
December 31, 2023

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2024

 

36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25

 

$

6,643,097

 

 

$

52,318,937

 

 

$

—

 

 

$

—

 

 

$

7,437,501

 

 

$

—

 

 

$

59,756,438

 

36th Street Capital Partners Holdings, LLC, Membership Units

 

 

1,359,774

 

 

 

50,541,000

 

 

 

—

 

 

 

(549,500

)

 

 

1,062,500

 

 

 

—

 

 

 

51,054,000

 

Anacomp, Inc., Class A Common Stock

 

 

—

 

 

 

843,074

 

 

 

—

 

 

 

312,221

 

 

 

—

 

 

 

—

 

 

 

1,155,295

 

AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28

 

 

2,015,428

 

 

 

18,812,631

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

18,812,631

 

AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29

 

 

1,499,820

 

 

 

9,256,229

 

 

 

—

 

 

 

—

 

 

 

1,462,668

 

 

 

—

 

 

 

10,718,897

 

AA Acquisition Aggregator, LLC, Ordinary Shares

 

 

—

 

 

 

9,985,207

 

 

 

—

 

 

 

(541,338

)

 

 

69,766

 

 

 

—

 

 

 

9,513,635

 

Conventional Lending TCP Holdings, LLC, Membership Units

 

 

1,456,847

 

 

 

16,376,544

 

 

 

—

 

 

 

(1,833,461

)

 

 

—

 

 

 

—

 

 

 

14,543,083

 

Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0%, due 12/31/21

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Conergy Asia Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Conergy Asia Holdings Limited, Class B Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Fishbowl INC., Common Membership Units

 

 

—

 

 

 

135,403

 

 

 

—

 

 

 

(135,403

)

 

 

—

 

 

 

—

 

 

 

—

 

Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027

 

 

1,753,658

 

 

 

12,089,579

 

 

 

—

 

 

 

(4,567,088

)

 

 

320,985

 

 

 

—

 

 

 

7,843,476

 

Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(8,098,235

)

 

 

13,114,252

 

 

 

—

 

 

 

5,016,017

 

Gordon Brothers Finance Company, Preferred Stock

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Gordon Brothers Finance Company, Common Stock

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21

 

 

—

 

 

 

101,315

 

 

 

—

 

 

 

(40,426

)

 

 

—

 

 

 

—

 

 

 

60,889

 

Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/21

 

 

—

 

 

 

1,367,273

 

 

 

—

 

 

 

(131,746

)

 

 

—

 

 

 

—

 

 

 

1,235,527

 

Kawa Solar Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Series B Preferred Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Total

 

$

14,728,624

 

 

$

171,827,192

 

 

$

—

 

 

$

(15,584,976

)

 

$

23,467,672

 

 

$

—

 

 

$

179,709,888

 

 

Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.

Security

 

Dividends
or Interest (2)

 

 

Fair Value at
December 31, 2022

 

 

Net realized
gain or loss

 

 

Net increase
or decrease
in unrealized
appreciation
or depreciation

 

 

Acquisitions (3)

 

 

Dispositions (4)

 

 

Fair Value at
December 31, 2023

 

36th Street Capital Partners Holdings, LLC, Membership Units

 

$

(680,883

)

 

$

56,272,000

 

 

$

—

 

 

$

(6,043,500

)

 

$

312,500

 

 

$

—

 

 

$

50,541,000

 

36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/1/25

 

 

5,937,130

 

 

 

50,131,437

 

 

 

—

 

 

 

—

 

 

 

2,187,500

 

 

 

—

 

 

 

52,318,937

 

Anacomp, Inc., Class A Common Stock

 

 

—

 

 

 

552,432

 

 

 

—

 

 

 

290,642

 

 

 

—

 

 

 

—

 

 

 

843,074

 

Conventional Lending TCP Holdings, LLC, Membership Units

 

 

1,674,050

 

 

 

16,146,544

 

 

 

—

 

 

 

(20,000

)

 

 

250,000

 

 

 

—

 

 

 

16,376,544

 

Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22

 

 

—

 

 

 

101,315

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

101,315

 

Kawa Solar Holdings Limited, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22

 

 

—

 

 

 

1,862,701

 

 

 

—

 

 

 

(495,428

)

 

 

—

 

 

 

—

 

 

 

1,367,273

 

Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027

 

 

1,261,826

 

 

 

12,089,579

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

12,089,579

 

Fishbowl INC., Common Membership Units

 

 

—

 

 

 

577,277

 

 

 

—

 

 

 

(441,874

)

 

 

—

 

 

 

—

 

 

 

135,403

 

AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28

 

 

1,522,939

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

2,533,793

 

 

 

16,278,838

 

 

 

18,812,631

 

AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29

 

 

997,865

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

651,700

 

 

 

8,604,529

 

 

 

9,256,229

 

AutoAlert, LLC, Class A Common Interest

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,713,886

)

 

 

4,713,886

 

 

 

—

 

AutoAlert, LLC, Preferred Equity

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(4,302,264

)

 

 

4,302,264

 

 

 

—

 

AA Acquisition Aggregator, LLC, Ordinary Shares

 

 

—

 

 

 

—

 

 

 

—

 

 

 

969,054

 

 

 

9,016,153

 

 

 

—

 

 

 

9,985,207

 

Total

 

$

10,712,927

 

 

$

137,733,285

 

 

$

—

 

 

$

(5,741,106

)

 

$

5,935,496

 

 

$

33,899,517

 

 

$

171,827,192

 

 

 

Notes to Consolidated Schedule of Changes in Investments in Controlled Affiliates:

(1)
The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
(2)
Also includes fee income as applicable.
(3)
Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
(4)
Dispositions include decreases in the cost basis from sales and paydowns.
v3.25.0.1
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Tables)
 12 Months Ended
Dec. 31, 2024
Schedule of Investments [Abstract]  
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers

Investment

 

Acquisition Date

48forty Intermediate Holdings, Inc. (Alpine Acquisition), Common Stock

 

11/5/2024

AGY Equity, LLC, Class A Preferred Units

 

9/3/2020

AGY Equity, LLC, Class B Preferred Units

 

9/3/2020

AGY Equity, LLC, Class C Common Units

 

9/3/2020

Blackbird Purchaser, Inc. (OTC) Preferred Stock

 

12/14/2021

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Common Shares in MXP

 

7/26/2023

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Preferred New Super Senior Shares

 

7/26/2023

Fidelis (SVC) LLC, Series C Preferred Units

 

12/31/2019

Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock

 

5/4/2017

GlassPoint, Inc., Warrants to Purchase Common Stock

 

2/7/2017

Grey Orange International Inc., Warrants to Purchase Common Stock

 

5/5/2022

INH Buyer, Inc. (IMS Health), Preferred Stock

 

12/16/2024

InMobi, Inc., Warrants to Purchase Common Stock

 

8/22/2017

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)

 

9/18/2015

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)

 

10/1/2018

Inotiv, Inc., Common Shares

 

3/30/2022

Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units

2/7/2020

Plate Newco 1 Limited (Avanti), Common Stock

 

4/13/2022

Pluralsight, Inc., Common Stock

 

8/22/2024

Quora, Inc., Warrants to Purchase Series D Preferred Stock

 

4/12/2019

Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares

 

4/28/2021

Razor Group GmbH, Warrants to Purchase Series C Shares

 

12/23/2022

Razor US LP, Class A Preferred Units

 

2/28/2024

ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock

 

11/7/2019

SellerX Germany GMBH & Co. KG,, Warrants to Purchase SellerX Common Shares in MXP

 

11/23/2021

SnapLogic, Inc., Warrants to Purchase Series Preferred Stock

 

3/20/2018

SoundCloud, Ltd., Warrants to Purchase Preferred Stock

 

4/30/2015

Stitch Holdings LP, LP Units

 

3/15/2024

Suited Connector, LLC, (Suco Investors, LP), Warrants to Purchase Class A Units

 

3/6/2023

Thras.io, LLC, Common Units

 

6/18/2024

Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock

 

3/9/2017

Utilidata, Inc., Common Stock

 

7/6/2020

Utilidata, Inc., Series A-1 Preferred Stock

 

7/6/2020

Utilidata, Inc., Series A-2 Preferred Stock

 

7/6/2020

WorldRemit Group Limited, Series X Shares

 

6/24/2024

WorldRemit Group Limited, Warrants to Purchase Series D Stock

 

2/11/2021

WorldRemit Group Limited, Warrants to Purchase Series E Stock

 

3/15/2024

 

Investment

 

Acquisition Date

AGY Equity, LLC, Class A Preferred Units

 

9/3/2020

AGY Equity, LLC, Class B Preferred Units

 

9/3/2020

AGY Equity, LLC, Class C Common Units

 

9/3/2020

Blackbird Purchaser, Inc. (OTC) Preferred Stock

 

12/14/2021

Fidelis (SVC) LLC, Series C Preferred Units

 

12/31/2019

Foursquare Labs, Inc., Warrants to Purchase Series E Preferred Stock

 

5/4/2017

GACP I, LP (Great American Capital), Membership Units

 

10/1/2015

GACP II, LP (Great American Capital), Membership Units

 

1/12/2018

GlassPoint, Inc., Warrants to Purchase Common Stock

 

2/7/2017

Grey Orange International Inc., Warrants to Purchase Common Stock

 

5/5/2022

InMobi, Inc., Warrants to Purchase Common Stock

 

8/22/2017

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)

 

9/18/2015

InMobi, Inc., Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)

 

10/1/2018

Inotiv, Inc., Common Shares

 

3/30/2022

PerchHQ, Warrants for Common Units

 

9/30/2022

Pico Quantitative Trading Holdings, LLC, Warrants to Purchase Membership Units

2/7/2020

Plate Newco 1 Limited (Avanti), Common Stock

 

4/13/2022

Quora, Inc., Warrants to Purchase Series D Preferred Stock

 

4/12/2019

Razor Group GmbH, Warrants to Purchase Preferred Series A1 Shares

 

4/28/2021

Razor Warrants to Purchase Series C Shares

 

12/23/2022

ResearchGate Corporation., Warrants to Purchase Series D Preferred Stock

 

11/7/2019

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Common Shares in MXP

 

7/26/2023

Elevate Brands HoldCo Inc., Warrants to Purchase Elevate Preferred New Super Senior Shares

 

7/26/2023

SellerX Germany GMBH & Co. KG,, Warrants to Purchase SellerX Common Shares in MXP

 

11/23/2021

SnapLogic, Inc., Warrants to Purchase Series Preferred Stock

 

3/20/2018

Soraa, Inc., Warrants to Purchase Preferred Stock

 

8/29/2014

SoundCloud, Ltd., Warrants to Purchase Preferred Stock

 

4/30/2015

Suited Connector, LLC, (Suco Investors, LP) Warrants to Purchase Class A Units

 

3/6/2023

Tradeshift, Inc., Warrants to Purchase Series D Preferred Stock

 

3/9/2017

Utilidata, Inc., Common Stock

 

7/6/2020

Utilidata, Inc., Series A-1 Preferred Stock

 

7/6/2020

Utilidata, Inc., Series A-2 Preferred Stock

 

7/6/2020

WorldRemit Group Limited, Warrants to Purchase Series D Stock

 

2/11/2021
v3.25.0.1
Supplementary Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2024
Investment Company, Financial Highlights [Line Items]  
Schedule of Financial Highlights

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

$

13.21

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.66

 

 

 

1.85

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Excise taxes

 

 

0.00

 

 

 

(0.01

)

 

 

—

 

 

 

—

 

 

 

—

 

Net investment income (1)

 

 

1.66

 

 

 

1.84

 

 

 

1.53

 

 

 

1.26

 

 

 

1.43

 

Net realized and unrealized gain (loss) (1)

 

 

(2.60

)

 

 

(1.18

)

 

 

(1.69

)

 

 

1.17

 

 

 

(0.16

)

Total from investment operations

 

 

(0.94

)

 

 

0.66

 

 

 

(0.16

)

 

 

2.43

 

 

 

1.27

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net decrease in net assets as a result of issuance of shares in connection with the Merger (2)

 

 

(0.28

)

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

Repurchase of common stock

 

 

0.01

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.12

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Loss on extinguishment of debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.11

)

 

 

(0.04

)

Cumulative effect adjustment for the adoption of ASU 2020-06 (3)

 

 

—

 

 

 

—

 

 

0.00

 

 

 

—

 

 

 

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary income dividends

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.13

)

Tax basis returns of capital

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.19

)

Dividends to common shareholders (4)

 

 

(1.46

)

 

 

(1.69

)

 

 

(1.27

)

 

 

(1.20

)

 

 

(1.32

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at end of period

 

$

9.23

 

 

$

11.90

 

 

$

12.93

 

 

$

14.36

 

 

$

13.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

8.71

 

 

$

11.54

 

 

$

12.94

 

 

$

13.51

 

 

$

11.24

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value (5)

 

 

(11.9

)%

 

 

2.2

%

 

 

5.2

%

 

 

30.9

%

 

 

(10.6

)%

Total return based on net asset value (6)

 

 

(10.2

)%

 

 

5.1

%

 

 

-1.1

%

 

 

17.5

%

 

 

10.2

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

85,080,447

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (7)

 

 

15.6

%

 

 

14.2

%

 

 

10.8

%

 

 

9.0

%

 

 

11.3

%

Expenses before incentive fee (8)

 

 

12.8

%

 

 

10.7

%

 

 

9.0

%

 

 

9.3

%

 

 

10.0

%

Expenses and incentive fee (9)

 

 

15.1

%

 

 

13.7

%

 

 

11.3

%

 

 

11.5

%

 

 

12.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

785,123,667

 

 

$

687,601,546

 

 

$

746,753,790

 

 

$

829,456,636

 

 

$

764,986,578

 

Portfolio turnover rate

 

 

18.3

%

 

 

13.5

%

 

 

19.4

%

 

 

35.6

%

 

 

28.3

%

Weighted-average debt outstanding

 

$

1,234,022,372

 

 

$

1,001,667,440

 

 

$

1,023,880,532

 

 

$

985,506,056

 

 

$

936,157,021

 

Weighted-average interest rate on debt

 

 

5.4

%

 

 

4.4

%

 

 

3.5

%

 

 

3.6

%

 

 

3.9

%

Weighted-average number of common shares

 

 

79,670,868

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,767,264

 

 

 

57,991,233

 

Weighted-average debt per share

 

$

15.49

 

 

$

17.34

 

 

$

17.72

 

 

$

17.06

 

 

$

16.14

 

 

Asset Coverage:

 

As of December 31,

 

 

 

 

2024

 

 

2023

 

 

2022

 

 

2021

 

 

2020

 

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (10)

 

$

1,126,314,826

 

 

$

988,555,830

 

 

$

949,062,241

 

 

$

1,019,339,449

 

 

$

856,324,371

 

 

Asset coverage per $1,000 of debt outstanding (11)

 

$

1,789

 

 

$

1,643

 

 

$

1,929

 

 

$

1,948

 

 

$

2,058

 

 
(1)
Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
(2)
Calculated as the number of shares issued by the Company in connection with the Merger times the discount per share based on the closing price per share and the NAV per share at the time of the closing of the Merger.
(3)
See Note 2 and 4 for further information related to the adoption of ASU 2020-06.
(4)
Dividends to common shareholders include a tax return of capital of $0 ($0.00 per share), $0 ($0.00 per share), $0 ($0.00 per share), $13,563,291 ($0.23 per share) and $11,313,222 ($0.19 per share) for the years ended December 31, 2024, 2023 and 2022, 2021 and 2020, respectively.
(5)
Total return based on market value is calculated by determining the percentage change in market value per share during the period.

10. Financial Highlights — (continued)

(6)
Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
(7)
Net of incentive compensation and excise taxes.
(8)
Includes interest and other debt costs but excludes excise taxes.
(9)
Includes incentive compensation and all Company expenses including interest and other debt costs.
(10)
Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
(11)
Excludes SBA Debentures.
Supplementary Data  
Investment Company, Financial Highlights [Line Items]  
Schedule of Financial Highlights

The following is a schedule of financial highlights as of and for the years ended December 31, 2019, 2018, 2017, 2016 and 2015:

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

Per Common Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share NAV at beginning of period

 

$

14.13

 

 

$

14.80

 

 

$

14.91

 

 

$

14.78

 

 

$

15.01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment operations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income before excise taxes

 

 

1.61

 

 

 

1.59

 

 

 

1.99

 

 

 

1.88

 

 

 

2.07

 

Excise taxes

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.01

)

 

 

(0.02

)

Net investment income

 

 

1.61

 

 

 

1.59

 

 

 

1.99

 

 

 

1.87

 

 

 

2.05

 

Net realized and unrealized gain (loss)

 

 

(1.09

)

 

 

(0.82

)

 

 

(0.40

)

 

 

—

 

 

 

(0.45

)

Dividends on Series A preferred equity facility

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(0.01

)

Incentive allocation reserve and distributions

 

N/A

 

 

N/A

 

 

 

(0.40

)

 

 

(0.37

)

 

 

(0.41

)

Total from investment operations

 

 

0.52

 

 

 

0.77

 

 

 

1.19

 

 

 

1.50

 

 

 

1.18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of common stock

 

 

—

 

 

 

—

 

 

 

0.14

 

 

 

0.01

 

 

 

—

 

Issuance of convertible debt

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.06

 

 

 

—

 

Repurchase of Series A preferred interests

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

0.03

 

Distributions to common shareholders from:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  Net investment income

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

 

 

(1.44

)

Per share NAV at end of period

 

$

13.21

 

 

$

14.13

 

 

$

14.80

 

 

$

14.91

 

 

$

14.78

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Per share market price at end of period

 

$

14.05

 

 

$

13.04

 

 

$

15.28

 

 

$

16.90

 

 

$

13.93

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total return based on market value

 

 

18.8

%

 

 

(5.2

)%

 

 

(1.1

)%

 

 

31.7

%

 

 

(8.4

)%

Total return based on net asset value

 

 

3.7

%

 

 

5.2

%

 

 

8.9

%

 

 

10.6

%

 

 

8.1

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares outstanding at end of period

 

 

58,766,426

 

 

 

58,774,607

 

 

 

58,847,256

 

 

 

53,041,900

 

 

 

48,834,734

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratios to average common equity: (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment income (2)

 

 

11.6

%

 

 

10.8

%

 

 

10.6

%

 

 

10.1

%

 

 

10.9

%

Expenses (3)

 

 

9.8

%

 

 

8.5

%

 

 

7.3

%

 

 

6.9

%

 

 

6.2

%

Expenses and incentive compensation (4)

 

 

12.3

%

 

 

11.2

%

 

 

9.9

%

 

 

9.4

%

 

 

8.9

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ending common shareholder equity

 

$

776,318,386

 

 

$

830,474,727

 

 

$

870,728,126

 

 

$

790,935,991

 

 

$

721,977,017

 

Portfolio turnover rate

 

 

35.9

%

 

 

32.3

%

 

 

45.9

%

 

 

37.9

%

 

 

37.8

%

Weighted-average leverage outstanding (5)

 

$

902,977,493

 

 

$

769,065,775

 

 

$

623,666,655

 

 

$

542,421,190

 

 

$

513,312,510

 

Weighted-average interest rate on leverage (6)

 

 

4.6

%

 

 

4.6

%

 

 

4.5

%

 

 

3.9

%

 

 

3.2

%

Weighted-average number of common shares

 

 

58,766,362

 

 

 

58,815,216

 

 

 

57,000,658

 

 

 

50,948,035

 

 

 

48,863,188

 

Average leverage per share (5)

 

$

15.37

 

 

$

13.08

 

 

$

10.94

 

 

$

10.65

 

 

$

10.51

 

 

Asset Coverage:

 

As of December 31,

 

 

2019

 

 

2018

 

 

2017

 

 

2016

 

 

2015

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt outstanding (7)

 

$

915,514,071

 

 

$

812,007,389

 

 

$

733,824,353

 

 

$

579,906,288

 

 

$

502,410,321

 

Asset coverage per $1,000 of debt outstanding

 

$

1,992

 

 

$

2,157

 

 

$

2,335

 

 

$

2,344

 

 

$

2,423

 

 

(1) These ratios include interest expense but do not reflect the effect of dividends on the preferred equity facility.

(2) Net of incentive allocation and excise taxes.

(3) Includes interest and other debt costs but excludes excise taxes and incentive compensation.

(4) Includes incentive compensation and all Company expenses including interest and other debt costs.

(5) Includes both debt and preferred equity leverage.

(6) Includes dividends on the preferred equity leverage facility.

(7) Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
v3.25.0.1
Summary of Significant Accounting Policies - Additional Information (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Line of Credit Facility [Line Items]    
Investment aggregate capitalization 5.00%  
Investments aggregating capitalization valuations of Percentage 5.00%  
Minimum aggregate percentage of assets required for applicability of foregoing investment policies 5.00%  
Restricted cash $ 0 $ 0
Percentage of foreign Currency Denominated Investments 0.004 0.005
Paid in Capital in Excess of Par    
Line of Credit Facility [Line Items]    
Paid-in capital $ 487,501,546 $ (247,315)
Distributable earnings (loss)    
Line of Credit Facility [Line Items]    
Accumulated Earnings (Loss) (487,501,546) $ 247,315
BlackRock Capital Investment Corporation    
Line of Credit Facility [Line Items]    
Reclassification between accumulated earnings and paid-in-capital including merger 488,077,104  
Interest Rate Swap [Member]    
Line of Credit Facility [Line Items]    
Notional amount of interest rate swap $ 35,000,000  
Fixed interest rate 2.633%  
Fair value of contract, net asset $ 700,000  
JPMorgan U.S. Treasury Plus Money Market Fund    
Line of Credit Facility [Line Items]    
Cash and cash equivalents $ 1,400,000  
Percentage of cash and cash equivalents net assets held 0.20%  
Yield percentage of cash equivalents 4.42%  
Allspring Government Money Market Fund    
Line of Credit Facility [Line Items]    
Cash and cash equivalents $ 59,200,000  
Percentage of cash and cash equivalents net assets held 7.50%  
Yield percentage of cash equivalents 4.36%  
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Company's Investment (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Marketable Securities [Line Items]      
Total $ 1,794,758,336 $ 1,554,941,110  
Bank Debt      
Marketable Securities [Line Items]      
Total 1,577,800,543 1,336,871,420  
Other Corporate Debt      
Marketable Securities [Line Items]      
Total 64,772,456 52,318,937  
Equity Securities      
Marketable Securities [Line Items]      
Total 152,185,337 165,750,753  
Level 1      
Marketable Securities [Line Items]      
Total 412,880 565,860  
Level 1 | Bank Debt      
Marketable Securities [Line Items]      
Total 0 0  
Level 1 | Other Corporate Debt      
Marketable Securities [Line Items]      
Total 0 0  
Level 1 | Equity Securities      
Marketable Securities [Line Items]      
Total 412,880 565,860  
Level 2      
Marketable Securities [Line Items]      
Total 28,557,671 47,284,029  
Level 2 | Bank Debt      
Marketable Securities [Line Items]      
Total 28,557,671 47,284,029  
Level 2 | Other Corporate Debt      
Marketable Securities [Line Items]      
Total 0 0  
Level 2 | Equity Securities      
Marketable Securities [Line Items]      
Total 0 0  
Level 3      
Marketable Securities [Line Items]      
Total 1,765,787,785 1,507,091,221  
Level 3 | Independent Third-Party Valuation      
Marketable Securities [Line Items]      
Total 1,764,630,382 1,506,246,606 $ 1,514,008,603
Level 3 | Valuation Designee      
Marketable Securities [Line Items]      
Total 1,157,403 844,615 $ 2,820,823
Level 3 | Advisor Valuations      
Marketable Securities [Line Items]      
Total   844,615  
Level 3 | Bank Debt | Independent Third-Party Valuation      
Marketable Securities [Line Items]      
Total 1,549,242,872 1,289,587,391  
Level 3 | Bank Debt | Valuation Designee      
Marketable Securities [Line Items]      
Total 0    
Level 3 | Bank Debt | Advisor Valuations      
Marketable Securities [Line Items]      
Total   0  
Level 3 | Other Corporate Debt | Independent Third-Party Valuation      
Marketable Securities [Line Items]      
Total 64,772,456 52,318,937  
Level 3 | Other Corporate Debt | Valuation Designee      
Marketable Securities [Line Items]      
Total 0    
Level 3 | Other Corporate Debt | Advisor Valuations      
Marketable Securities [Line Items]      
Total   0  
Level 3 | Equity Securities | Independent Third-Party Valuation      
Marketable Securities [Line Items]      
Total 150,615,054 164,340,278  
Level 3 | Equity Securities | Valuation Designee      
Marketable Securities [Line Items]      
Total $ 1,157,403    
Level 3 | Equity Securities | Advisor Valuations      
Marketable Securities [Line Items]      
Total   $ 844,615  
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Unobservable Inputs (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Marketable Securities [Line Items]    
Fair Value $ 1,794,758,336 $ 1,554,941,110
Level 3    
Marketable Securities [Line Items]    
Fair Value 1,765,787,785 1,507,091,221
Bank Debt | Income Approach | Discount Rate | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 1,243,224,730 $ 1,132,856,927
Bank Debt | Income Approach | Discount Rate | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 9.1 9.8
Bank Debt | Income Approach | Discount Rate | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 22.4 29.7
Bank Debt | Income Approach | Discount Rate | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 12.3 14.3
Bank Debt | Market Quotations | Indicative Bid/Ask Quotes | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 95,787,823 $ 67,806,880
Range   1
Bank Debt | Market Quotations | Indicative Bid/Ask Quotes | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 1  
Bank Debt | Market Quotations | Indicative Bid/Ask Quotes | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range   1
Bank Debt | Market Comparable Companies | Revenue Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 15,738,508 $ 81,471,300
Bank Debt | Market Comparable Companies | Revenue Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 0.4 0.6
Bank Debt | Market Comparable Companies | Revenue Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 1.4 3.3
Bank Debt | Market Comparable Companies | Revenue Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 0.9 1.4
Bank Debt | Market Comparable Companies | EBITDA Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 15,227,668 $ 1,324,151
Range   3.8
Bank Debt | Market Comparable Companies | EBITDA Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 3.5  
Bank Debt | Market Comparable Companies | EBITDA Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 10.8  
Bank Debt | Market Comparable Companies | EBITDA Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 4.4 3.8
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 447,343 $ 4,659,545
Range   1.9
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 1.2  
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 5.3  
Bank Debt | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 4.7 1.9
Bank Debt | Option Pricing Model | Implied Volatility | Level 3    
Marketable Securities [Line Items]    
Range 35 65
Bank Debt | Option Pricing Model | Implied Volatility | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 35 65
Bank Debt | Option Pricing Model | Term | Level 3    
Marketable Securities [Line Items]    
Unobservable input, Term   1 year 3 months 18 days
Bank Debt | Option Pricing Model | Term | Level 3 | Minimum    
Marketable Securities [Line Items]    
Unobservable input, Term 1 year 6 months  
Bank Debt | Option Pricing Model | Term | Level 3 | Maximum    
Marketable Securities [Line Items]    
Unobservable input, Term 1 year 9 months 18 days  
Bank Debt | Option Pricing Model | Term | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Unobservable input, Term 1 year 6 months 1 year 3 months 18 days
Bank Debt | Asset Approach | Level 3    
Marketable Securities [Line Items]    
Fair Value   $ 1,468,588
Other Corporate Debt | Income Approach | Discount Rate | Level 3    
Marketable Securities [Line Items]    
Range 13.5  
Other Corporate Debt | Income Approach | Book Value Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 5,016,018  
Other Corporate Debt | Market Comparable Companies | Discount Rate | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 13.5  
Other Corporate Debt | Market Comparable Companies | Book Value Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 59,756,438 $ 52,318,937
Range 1.5 1.6
Other Corporate Debt | Market Comparable Companies | Book Value Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 1.5 1.6
Other Corporate Debt | Asset Approach | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 41,621,909  
Equity | Income Approach | Discount Rate | Level 3    
Marketable Securities [Line Items]    
Fair Value 65,597,083 $ 9,014,890
Range   13.6
Equity | Income Approach | Discount Rate | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range   13.6
Equity | Market Comparable Companies | Revenue Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 127,397,885 $ 12,886,826
Equity | Market Comparable Companies | Revenue Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 0.4 0.6
Equity | Market Comparable Companies | Revenue Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 4.8 6
Equity | Market Comparable Companies | Revenue Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 2.1 1.8
Equity | Market Comparable Companies | EBITDA Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 40,763,182 $ 53,885,683
Equity | Market Comparable Companies | EBITDA Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 3.5 3.8
Equity | Market Comparable Companies | EBITDA Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 12 13.4
Equity | Market Comparable Companies | EBITDA Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 11.3 12.6
Equity | Market Comparable Companies | Book Value Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value   $ 66,917,544
Equity | Market Comparable Companies | Book Value Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 0.8 0.9
Equity | Market Comparable Companies | Book Value Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 1.5 1.6
Equity | Market Comparable Companies | Book Value Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 1.3 1.4
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 53,598,606 $ 16,402,713
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 1.3 1.9
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 13.8 15.3
Equity | Option Pricing Model | EBITDA/Revenue Multiples | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 10.7 6.4
Equity | Option Pricing Model | Implied Volatility | Level 3 | Minimum    
Marketable Securities [Line Items]    
Range 40 20
Equity | Option Pricing Model | Implied Volatility | Level 3 | Maximum    
Marketable Securities [Line Items]    
Range 75 65
Equity | Option Pricing Model | Implied Volatility | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Range 54 57.2
Equity | Option Pricing Model | Term | Level 3 | Minimum    
Marketable Securities [Line Items]    
Unobservable input, Term 3 months 18 days 9 months 18 days
Equity | Option Pricing Model | Term | Level 3 | Maximum    
Marketable Securities [Line Items]    
Unobservable input, Term 3 years 9 months 18 days 3 years 6 months
Equity | Option Pricing Model | Term | Level 3 | Weighted Average    
Marketable Securities [Line Items]    
Unobservable input, Term 1 year 10 months 24 days  
Range   1.2
Equity | Asset Approach | Level 3    
Marketable Securities [Line Items]    
Fair Value   $ 4,021,580
Equity | Transaction Approach | Level 3    
Marketable Securities [Line Items]    
Fair Value   $ 2,055,657
Equity | Transaction Approach | Discount Rate | Level 3    
Marketable Securities [Line Items]    
Fair Value $ 1,610,592  
v3.25.0.1
Summary of Significant Accounting Policies - Summary of Change in Unobservable Input May Result in Change to Value of Investment (Details) - Level 3
 12 Months Ended
Dec. 31, 2024
Discount Rate  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Decrease
Impact to Value if Input Decreases Increase
Revenue Multiples  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
EBITDA Multiples  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
Book Value Multiples  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
Implied Volatility  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
Term  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
Yield  
Marketable Securities [Line Items]  
Impact to Value if Input Increases Increase
Impact to Value if Input Decreases Decrease
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Changes in Investments (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Marketable Securities [Line Items]    
Beginning Balance $ 1,554,941,110  
Ending Balance 1,794,758,336 $ 1,554,941,110
Level 3    
Marketable Securities [Line Items]    
Beginning Balance 1,507,091,221  
Ending Balance 1,765,787,785 1,507,091,221
Level 3 | Independent Third-Party Valuation    
Marketable Securities [Line Items]    
Beginning Balance 1,506,246,606 1,514,008,603
Net realized and unrealized gains (losses) $ (188,000,371) $ (46,799,339)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss) on Investments Gain (Loss) on Investments
Acquisitions $ 937,437,109 $ 237,628,741
Dispositions (495,925,937) (221,663,571)
Transfers into Level 3 4,872,975 23,715,868
Reclassifications within Level 3   (643,696)
Ending Balance 1,764,630,382 1,506,246,606
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (172,566,306) $ (56,079,962)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Valuation Designee    
Marketable Securities [Line Items]    
Beginning Balance $ 844,615 $ 2,820,823
Net realized and unrealized gains (losses) (312,788) (217,010)
Acquisitions   (147,351)
Dispositions   (2,255,543)
Reclassifications within Level 3   643,696
Ending Balance 1,157,403 844,615
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (312,788) $ (411,701)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Bank Debt | Independent Third-Party Valuation    
Marketable Securities [Line Items]    
Beginning Balance $ 1,289,587,391 $ 1,258,052,376
Net realized and unrealized gains (losses) $ (123,839,154) $ (14,101,799)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss) on Investments Gain (Loss) on Investments
Acquisitions $ 871,166,493 $ 221,794,143
Dispositions (492,544,833) (199,873,197)
Transfers into Level 3 4,872,975 23,715,868
Reclassifications within Level 3   0
Ending Balance 1,549,242,872 1,289,587,391
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (110,587,996) $ (22,128,377)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Bank Debt | Valuation Designee    
Marketable Securities [Line Items]    
Beginning Balance $ 0 $ 531,024
Net realized and unrealized gains (losses) 0 (1,400)
Acquisitions   1,400
Dispositions   (531,024)
Reclassifications within Level 3   0
Ending Balance 0 0
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ 0 $ 0
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Other Corporate Debt | Independent Third-Party Valuation    
Marketable Securities [Line Items]    
Beginning Balance $ 52,318,937 $ 68,451,437
Net realized and unrealized gains (losses) $ (8,098,224) $ 1,373,296
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss) on Investments Gain (Loss) on Investments
Acquisitions $ 20,551,743 $ 2,494,204
Dispositions 0 (20,000,000)
Transfers into Level 3 0 0
Reclassifications within Level 3   0
Ending Balance 64,772,456 52,318,937
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (8,098,224) $ 0
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Other Corporate Debt | Valuation Designee    
Marketable Securities [Line Items]    
Beginning Balance $ 0 $ 1,415,738
Net realized and unrealized gains (losses) 0 (147,734)
Acquisitions   (148,751)
Dispositions   (1,119,253)
Reclassifications within Level 3   0
Ending Balance 0 0
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ 0 $ 0
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Equity Securities | Independent Third-Party Valuation    
Marketable Securities [Line Items]    
Beginning Balance $ 164,340,278 $ 187,504,790
Net realized and unrealized gains (losses) $ (56,062,993) $ (34,070,836)
Fair Value, Asset, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Gain (Loss) on Investments Gain (Loss) on Investments
Acquisitions $ 45,718,873 $ 13,340,394
Dispositions (3,381,104) (1,790,374)
Transfers into Level 3 0 0
Reclassifications within Level 3   (643,696)
Ending Balance 150,615,054 164,340,278
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (53,880,086) $ (33,951,585)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
Level 3 | Equity Securities | Valuation Designee    
Marketable Securities [Line Items]    
Beginning Balance $ 844,615 $ 874,061
Net realized and unrealized gains (losses) (312,788) (67,876)
Acquisitions   0
Dispositions   (605,266)
Reclassifications within Level 3   643,696
Ending Balance 1,157,403 844,615
Net change in unrealized appreciation/depreciation during the period on investments still held at period end (included in net realized and unrealized gains/losses, above) $ (312,788) $ (411,701)
Fair Value, Asset, Recurring Basis, Still Held, Unrealized Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] Unrealized Gain (Loss) on Investments Unrealized Gain (Loss) on Investments
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Reclassification of Permanent Differences, Primary Attributable to Treatment of Expenses and Investments in Partnerships (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Paid in Capital in Excess of Par    
Marketable Securities [Line Items]    
Paid-in capital $ 487,501,546 $ (247,315)
Distributable earnings (loss)    
Marketable Securities [Line Items]    
Accumulated Earnings (Loss) $ (487,501,546) $ 247,315
v3.25.0.1
Summary of Significant Accounting Policies - Summary of Tax Character of Distributions Paid (Details) - USD ($)
 12 Months Ended
Nov. 06, 2024
Aug. 07, 2024
May 01, 2024
Mar. 04, 2024
Feb. 29, 2024
Aug. 03, 2023
May 04, 2023
Feb. 28, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Accounting Policies [Abstract]                      
Ordinary income                 $ 115,280,678 $ 97,626,676  
Total Amount $ 28,929,237 $ 29,100,986 $ 29,100,986 $ 7,257,191 $ 19,640,870 $ 19,640,870 $ 19,640,870 $ 18,485,524 $ 115,280,678 $ 97,626,676 $ 73,364,425
v3.25.0.1
Summary of Significant Accounting Policies - Schedule Tax Components of Accumulated Net Earnings Losses (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Accounting Policies [Abstract]    
Undistributed Ordinary Income $ 15,180,444 $ 6,611,456
Non-Expiring Capital Loss Carryforwards (636,962,720) (206,680,323)
Net Unrealized Gains (Losses) (324,236,596) (80,030,609)
Retained Earnings (Accumulated Deficit), Total $ (946,018,872) $ (280,099,476)
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Cost for U.S. Federal Income Tax (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Accounting Policies [Abstract]    
Tax Cost $ 2,120,958,894 $ 1,631,931,217
Gross Unrealized Appreciation 165,148,618 65,463,168
Gross Unrealized Depreciation (489,385,214) (142,453,275)
Net Unrealized Appreciation (Depreciation) $ (324,236,596) $ (76,990,107)
v3.25.0.1
Summary of Significant Accounting Policies - Schedule of Amounts Allowable by Law (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
Accounting Policies [Abstract]  
Interest Related Dividends for Non-U.S. Residents $ 93,545,085
Section 163(j) Interest Dividends 114,034,527
Qualified Dividend Income $ 361,338
Dividends-Received Deduction 0.31%
v3.25.0.1
Management Fees, Incentive Fees and Other Expenses - Additional Information (Details)
 12 Months Ended 71 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Mar. 18, 2024
$ / shares
Mar. 17, 2024
Dec. 31, 2023
USD ($)
Feb. 08, 2019
$ / shares
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Percentage of management fee on assets   200.00%        
Percentage of management fee on net asset value   1.50%        
Base management fee rate           1.5
Percentage of Net Asset Value           200.00%
Cumulative total return 7.00%          
Accrued reserve for additional incentive compensation | $ $ 0 $ 0     $ 0  
Maximum            
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Percentage of management fee on net asset value   1.50%        
Percentage of reduction of incentive compensation on net investment income and net unrealized losses   20.00%        
Percentage of reduction of cumulative return hurdle   8.00%        
Percentage rate of net realized gains on income fee reduction           20.00%
Minimum            
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Percentage of management fee on net asset value   1.00%        
Percentage of reduction of incentive compensation on net investment income and net unrealized losses   17.50%        
Percentage of reduction of cumulative return hurdle   7.00%        
Percentage rate of net realized gains on income fee reduction           17.50%
BlackRock Capital Investment Corporation            
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Base management fee rate     0.01 0.015   1
Percentage of Net Asset Value     200.00% 200.00%    
BlackRock Capital Investment Corporation | Maximum            
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Base management fee rate     0.015     1.5
Price per share | $ / shares     $ 0.32     $ 0.32
BlackRock Capital Investment Corporation | Minimum            
Schedule Of Investment Income Reported Amounts By Category [Line Items]            
Base management fee rate     0.0125     1.25
Percentage of Net Asset Value     200.00%     200.00%
v3.25.0.1
Debt - Schedule of Total Debt Outstanding and Available (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Mar. 18, 2024
Aug. 04, 2023
Jun. 15, 2023
Feb. 28, 2023
Dec. 31, 2022
Dec. 31, 2021
Jun. 22, 2021
Dec. 31, 2020
Line Of Credit Facility [Line Items]                    
Carrying Value [1] $ 1,126,314,826 $ 988,555,830         $ 949,062,241 $ 1,019,339,449   $ 856,324,371
Available 519,329,212 246,831,192                
Total Capacity 1,645,644,038 1,235,387,022                
Unamortized issuance costs (7,974,601) (3,355,221)                
Debt, net of unamortized issuance costs $ 1,118,340,225 $ 985,200,609                
SOFR                    
Line Of Credit Facility [Line Items]                    
Rate 0.10% 0.11%                
Debt, net of unamortized issuance costs $ 113,000,000 $ 155,000,000                
Operating Facility                    
Line Of Credit Facility [Line Items]                    
Total Capacity $ 300,000,000                  
Operating Facility | LIBOR Member | Minimum                    
Line Of Credit Facility [Line Items]                    
Rate                 1.75%  
Operating Facility | LIBOR Member | Maximum                    
Line Of Credit Facility [Line Items]                    
Rate                 2.00%  
Operating Facility | SOFR                    
Line Of Credit Facility [Line Items]                    
Maturity 2029 2026                
Rate 2.00% 2.00%     0.11%          
Carrying Value $ 120,670,788 $ 163,168,808                
Available 179,329,212 136,831,192                
Total Capacity 300,000,000 $ 300,000,000                
Operating Facility | SOFR | Minimum                    
Line Of Credit Facility [Line Items]                    
Rate         1.75%          
Operating Facility | SOFR | Maximum                    
Line Of Credit Facility [Line Items]                    
Rate         2.00%          
Funding Facility II                    
Line Of Credit Facility [Line Items]                    
Rate       2.05%   2.00%        
Total Capacity $ 200,000,000                  
Funding Facility II | LIBOR Member                    
Line Of Credit Facility [Line Items]                    
Rate 2.00%                  
Funding Facility II | SOFR                    
Line Of Credit Facility [Line Items]                    
Maturity 2027 2027                
Rate 2.05% 2.05%   0.15%   0.15%        
Carrying Value $ 75,000,000 $ 100,000,000                
Available 125,000,000 100,000,000                
Total Capacity $ 200,000,000 $ 200,000,000                
Merger Sub Facility                    
Line Of Credit Facility [Line Items]                    
Rate 0.10%                  
Total Capacity     $ 265,000,000              
Merger Sub Facility | SOFR                    
Line Of Credit Facility [Line Items]                    
Maturity 2028                  
Rate 2.00%   1.00%              
Carrying Value $ 60,000,000                  
Available 205,000,000                  
Total Capacity $ 265,000,000                  
Merger Sub Facility | SOFR | Minimum                    
Line Of Credit Facility [Line Items]                    
Rate 1.75%                  
Merger Sub Facility | SOFR | Maximum                    
Line Of Credit Facility [Line Items]                    
Rate 2.00%                  
SBA Debentures                    
Line Of Credit Facility [Line Items]                    
Rate 2.45% 2.52%                
Carrying Value $ 131,500,000 $ 150,000,000                
Available 10,000,000 10,000,000                
Total Capacity $ 141,500,000 $ 160,000,000                
SBA Debentures | Minimum                    
Line Of Credit Facility [Line Items]                    
Maturity 2025 2024                
SBA Debentures | Maximum                    
Line Of Credit Facility [Line Items]                    
Maturity 2031 2031                
2024 Notes                    
Line Of Credit Facility [Line Items]                    
Maturity   2024                
Rate   3.90%                
Carrying Value   $ 249,596,009                
Available   0                
Total Capacity   $ 249,596,009                
2025 Notes                    
Line Of Credit Facility [Line Items]                    
Maturity 2025                  
Rate Fixed/Variable                  
Carrying Value $ 92,000,000                  
Available 0                  
Total Capacity $ 92,000,000                  
2026 Notes                    
Line Of Credit Facility [Line Items]                    
Maturity 2026 2026                
Rate 2.85% 2.85%                
Carrying Value $ 325,398,402 $ 325,791,013                
Available 0 0                
Total Capacity $ 325,398,402 $ 325,791,013                
2029 Notes                    
Line Of Credit Facility [Line Items]                    
Maturity 2029                  
Rate 6.95%                  
Carrying Value $ 321,745,636                  
Available 0                  
Total Capacity $ 321,745,636                  
[1] Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
v3.25.0.1
Debt - Schedule of Total Debt Outstanding and Available (Parenthetical) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Mar. 18, 2024
Aug. 04, 2023
Jun. 15, 2023
Feb. 28, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Line Of Credit Facility [Line Items]                  
Carrying value of debt $ 1,118,340,225 $ 985,200,609              
Debt, weighted average interest rate 5.40% 4.40%         3.50% 3.60% 3.90%
Minimum                  
Line Of Credit Facility [Line Items]                  
Debt, weighted average interest rate 0.35% 0.35%              
Maximum                  
Line Of Credit Facility [Line Items]                  
Debt, weighted average interest rate 0.36% 0.36%              
Interest Rate of EURIBOR +                  
Line Of Credit Facility [Line Items]                  
Carrying value of debt $ 7,700,000 $ 8,200,000              
Debt instrument, interest rate 2.00% 2.00%              
SOFR                  
Line Of Credit Facility [Line Items]                  
Carrying value of debt $ 113,000,000 $ 155,000,000              
Debt instrument, interest rate 0.10% 0.11%              
2024 Notes                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount   $ 250,000,000              
Debt instrument, interest rate   3.90%              
2025 Notes                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount $ 92,000,000                
2025 Notes | Tranche One                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount $ 35,000,000                
Debt instrument, interest rate 6.85%                
2025 Notes | Tranche Two                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount $ 57,000,000                
2025 Notes | Tranche Two | SOFR                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 3.14%                
2026 Notes                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount $ 325,000,000 $ 325,000,000              
Debt instrument, interest rate 2.85% 2.85%              
2029 Notes                  
Line Of Credit Facility [Line Items]                  
Debt instrument, par amount $ 325,000,000                
Debt instrument, interest rate 6.95%                
Operating Facility                  
Line Of Credit Facility [Line Items]                  
Line of credit facility, increase $ 100,000,000                
Line of credit facility, current borrowing capacity $ 400,000,000                
Operating Facility | SOFR                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 2.00% 2.00%     0.11%        
Operating Facility | SOFR | Minimum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate         1.75%        
Operating Facility | SOFR | Maximum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate         2.00%        
Operating Facility | Accordion                  
Line Of Credit Facility [Line Items]                  
Line of credit facility, increase $ 100,000,000 $ 100,000,000              
Line of credit facility, current borrowing capacity $ 400,000,000 400,000,000              
Funding Facility II                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate       2.05%   2.00%      
Line of credit facility, current borrowing capacity   $ 250,000,000              
Debt, weighted average interest rate 0.35%                
Funding Facility II | SOFR                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 2.05% 2.05%   0.15%   0.15%      
Funding Facility II | Accordion                  
Line Of Credit Facility [Line Items]                  
Line of credit facility, increase $ 50,000,000 $ 50,000,000              
Line of credit facility, current borrowing capacity $ 250,000,000 $ 250,000,000              
Funding Facility | SOFR                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 0.15% 0.15%              
Merger Sub Facility                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 0.10%                
Merger Sub Facility | SOFR                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 2.00%   1.00%            
Merger Sub Facility | SOFR | Minimum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 1.75%                
Merger Sub Facility | SOFR | Maximum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 2.00%                
Merger Sub Facility | Base Rate | Minimum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 0.75%                
Merger Sub Facility | Base Rate | Maximum                  
Line Of Credit Facility [Line Items]                  
Debt instrument, interest rate 1.00%                
Merger Sub Facility | Accordion                  
Line Of Credit Facility [Line Items]                  
Line of credit facility, increase $ 60,000,000                
Line of credit facility, current borrowing capacity $ 325                
v3.25.0.1
Debt - Additional Information (Details)
 8 Months Ended 12 Months Ended
Aug. 01, 2024
May 30, 2024
USD ($)
Mar. 18, 2024
USD ($)
Aug. 04, 2023
Feb. 28, 2023
Aug. 27, 2021
USD ($)
Jun. 22, 2021
Feb. 09, 2021
USD ($)
Oct. 02, 2020
USD ($)
Aug. 23, 2019
USD ($)
Aug. 30, 2016
USD ($)
$ / shares
Mar. 01, 2022
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Jun. 15, 2023
Dec. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]                                    
Debt, weighted average interest rate                         5.40% 4.40% 3.50%   3.60% 3.90%
Combined weighted-average interest rate                         5.19% 0.29%        
Earnings (loss) per share, Diluted | $ / shares                         $ (0.79) $ 0.67 $ (0.16)      
Additional paid in capital                         $ 3,300,000          
Decrease in accumulated loss                         3,200,000          
Amortization of original issue discount on debt                         371,015 $ 214,762 $ 199,265      
Line of credit facility, maximum borrowing capacity                         1,645,644,038 1,235,387,022        
One Month Contracts                                    
Debt Instrument [Line Items]                                    
Debt instrument, starting maturity date May 06, 2025                                  
Debt instrument, ending maturity date Aug. 01, 2028                                  
Three Month Contracts                                    
Debt Instrument [Line Items]                                    
Debt instrument, starting maturity date May 06, 2026                                  
Debt instrument, ending maturity date Aug. 01, 2029                                  
Operating Facility                                    
Debt Instrument [Line Items]                                    
Line of credit facility, maximum borrowing capacity                         300,000,000          
Line of credit facility, increase                         100,000,000          
Line of credit facility, current borrowing capacity                         400,000,000          
Debt instrument, starting maturity date             May 06, 2024                      
Debt instrument, ending maturity date             May 06, 2026                      
Line of credit facility, commitment fees percentage                       0.50%            
Debt instrument, accrue interest rate             2.00%                      
Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Debt Instrument, Fair Value Disclosure                         $ 55,500,000          
Rate                         0.10%          
Line of credit facility, maximum borrowing capacity     $ 265,000,000                              
Credit facility, increase in borrowing capacity subject to satisfaction of certain conditions     $ 325,000,000                              
Funding Facility II                                    
Debt Instrument [Line Items]                                    
Debt, weighted average interest rate                         0.35%          
Line of credit facility, agency fees percentage         0.15%               0.15%          
Rate       2.05% 2.00%                          
Line of credit facility, maximum borrowing capacity                         $ 200,000,000          
Line of credit facility, current borrowing capacity                           $ 250,000,000        
Debt instrument, starting maturity date       Aug. 04, 2025                            
Debt instrument, ending maturity date       Aug. 04, 2027                            
Line of credit facility, commitment fees percentage         0.35%               0.35%          
Debt instrument, accrue interest rate         0.35%                          
LIBOR Member | Funding Facility II                                    
Debt Instrument [Line Items]                                    
Rate                         2.00%          
SOFR                                    
Debt Instrument [Line Items]                                    
Rate                         0.10% 0.11%        
SOFR | One Month Contracts                                    
Debt Instrument [Line Items]                                    
Debt instrument bore interest at an annual rate percentage 0.10%                                  
SOFR | Three Month Contracts                                    
Debt Instrument [Line Items]                                    
Debt instrument bore interest at an annual rate percentage 0.15%                                  
SOFR | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate                         2.00% 2.00%   0.11%    
Line of credit facility, maximum borrowing capacity                         $ 300,000,000 $ 300,000,000        
SOFR | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     1.00%                   2.00%          
Line of credit facility, maximum borrowing capacity                         $ 265,000,000          
SOFR | Funding Facility II                                    
Debt Instrument [Line Items]                                    
Rate       0.15% 0.15%               2.05% 2.05%        
Line of credit facility, maximum borrowing capacity                         $ 200,000,000 $ 200,000,000        
Federal Funds Effective Rate | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     0.50%                              
Maximum                                    
Debt Instrument [Line Items]                                    
Debt, weighted average interest rate                         0.36% 0.36%        
Convertible unsecured notes percentage                         97.60%          
Maximum | Operating Facility                                    
Debt Instrument [Line Items]                                    
Debt Instrument Interest Rate During Undrawn Portion             0.375%                      
Maximum | LIBOR Member | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate             2.00%                      
Maximum | SOFR | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate                               2.00%    
Maximum | SOFR | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate                         2.00%          
Maximum | ABR Borrowings | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate             1.00%                      
Maximum | ABR Borrowings | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     1.00%                              
Maximum | Eurocurrency Loans [Member] | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     2.00%                              
Minimum                                    
Debt Instrument [Line Items]                                    
Debt, weighted average interest rate                         0.35% 0.35%        
Convertible unsecured notes percentage                         2.40%          
Minimum | Operating Facility                                    
Debt Instrument [Line Items]                                    
Debt Instrument Interest Rate During Undrawn Portion             0.50%                      
Minimum | LIBOR Member | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate             1.75%                      
Minimum | SOFR | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate                               1.75%    
Minimum | SOFR | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate                         1.75%          
Minimum | ABR Borrowings | Operating Facility                                    
Debt Instrument [Line Items]                                    
Rate             0.75%                      
Minimum | ABR Borrowings | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     0.75%                              
Minimum | Eurocurrency Loans [Member] | Merger Sub Facility                                    
Debt Instrument [Line Items]                                    
Rate     1.75%                              
Convertible Unsecured Notes                                    
Debt Instrument [Line Items]                                    
Convertible senior unsecured notes                     $ 140,000,000              
Debt instrument, maturity date                     Mar. 01, 2022              
Rate                     4.625%              
Debt instrument, initial conversion price | $ / shares                     $ 54.5019              
Debt instrument, conversion of common stock | $ / shares                     $ 18.35              
Debt Instrument, Convertible, Conversion Ratio                     0.10              
Debt instrument closing price common stock | $ / shares                     $ 16.68              
Earnings (loss) per share, Diluted | $ / shares                     $ 0              
Unsecured Notes | DebtInstrument Redemption Period One                                    
Debt Instrument [Line Items]                                    
Debt instrument prepayment premium percentage     1.00%                              
Unsecured Notes | DebtInstrument Redemption Period Two                                    
Debt Instrument [Line Items]                                    
Debt instrument prepayment premium percentage     0.50%                              
SBA Debentures                                    
Debt Instrument [Line Items]                                    
Rate                         2.45% 2.52%        
Debt issuance costs                         $ 141,500,000          
Debt issuance regulatory capital                         $ 87,500,000          
Debt instrument, term                         10 years          
2024 Notes                                    
Debt Instrument [Line Items]                                    
Debt Instrument, Fair Value Disclosure                           $ 246,000,000        
Debt instrument, maturity date                         Aug. 23, 2024          
Debt instrument, par amount                         $ 250,000,000 250,000,000        
2024 Notes | Unsecured Notes                                    
Debt Instrument [Line Items]                                    
Convertible senior unsecured notes                   $ 150,000,000                
Amortization of original issue discount on debt                         403,991 598,483 $ 574,357      
Debt instrument additional unsecured debt amount                 $ 50,000,000 $ 50,000,000                
Debt instrument, frequency of periodic payment                             semi-annually      
Debt instrument, par amount                 $ 250,000,000                  
2024 Notes | Unsecured Notes | Annual Rate                                    
Debt Instrument [Line Items]                                    
Debt instrument bore interest at an annual rate percentage                   3.90%                
2025 Notes                                    
Debt Instrument [Line Items]                                    
Debt Instrument, Fair Value Disclosure                         92,700,000          
Debt instrument, par amount                         92,000,000          
2025 Notes | Unsecured Notes                                    
Debt Instrument [Line Items]                                    
Debt instrument, maturity date     Dec. 09, 2025                              
Amortization of original issue discount on debt                         0          
2025 Notes | Unsecured Notes | Tranche One                                    
Debt Instrument [Line Items]                                    
Rate     5.82%                              
Debt instrument, frequency of periodic payment     semi-annually                              
Fixed interest rate     6.85%                              
2025 Notes | Unsecured Notes | SOFR | Tranche Two                                    
Debt Instrument [Line Items]                                    
Rate     3.14%                              
2026 Notes                                    
Debt Instrument [Line Items]                                    
Debt Instrument, Fair Value Disclosure                         315,900,000 303,900,000        
Debt instrument, par amount                         325,000,000 325,000,000        
2026 Notes | Unsecured Notes                                    
Debt Instrument [Line Items]                                    
Convertible senior unsecured notes               $ 175,000,000                    
Debt instrument, maturity date               Feb. 09, 2026                    
Amortization of original issue discount on debt                         (392,611) (383,721) $ (375,092)      
Debt instrument additional unsecured debt amount           $ 150,000,000                        
Debt instrument, frequency of periodic payment                             semi-annually      
Debt instrument, par amount           $ 325,000,000                        
2026 Notes | Unsecured Notes | Annual Rate                                    
Debt Instrument [Line Items]                                    
Debt instrument bore interest at an annual rate percentage               2.85%                    
2029 Notes                                    
Debt Instrument [Line Items]                                    
Debt Instrument, Fair Value Disclosure                         338,800,000          
Debt instrument, par amount                         $ 325,000,000          
2029 Notes | Unsecured Notes                                    
Debt Instrument [Line Items]                                    
Convertible senior unsecured notes   $ 325,000,000                                
Debt instrument, maturity date   May 30, 2029                                
Amortization of original issue discount on debt                           $ 359,636        
2029 Notes | Unsecured Notes | Tranche One                                    
Debt Instrument [Line Items]                                    
Debt instrument, frequency of periodic payment     semi-annually                              
2029 Notes | Unsecured Notes | Annual Rate                                    
Debt Instrument [Line Items]                                    
Debt instrument bore interest at an annual rate percentage   6.95%                                
2022 Convertible Notes                                    
Debt Instrument [Line Items]                                    
Debt instrument, maturity date                         Mar. 01, 2022          
Rate                             4.625%      
Debt instrument, convertible amount of equity component                         $ 3,300,000          
Debt instrument, accretion of the original issue discount percentage                             5.125%      
Amortization of original issue discount on debt                             $ 0      
Debt instrument, par amount                         $ 140,000,000          
2022 Convertible Notes | ASU 2020-06                                    
Debt Instrument [Line Items]                                    
Amortization of original issue discount on debt                             $ 0      
Series 2022A Senior Notes | Unsecured Notes | Tranche One | BlackRock Capital Investment Corporation                                    
Debt Instrument [Line Items]                                    
Debt instrument, par amount     $ 35,000,000                              
Debt instrument bore interest at an annual rate percentage     6.85%                              
Series 2022A Senior Notes | Unsecured Notes | Tranche Two | BlackRock Capital Investment Corporation                                    
Debt Instrument [Line Items]                                    
Debt instrument, par amount     $ 57,000,000                              
v3.25.0.1
Debt - Total Expense Related to Debt (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Debt Disclosure [Abstract]      
Interest expense $ 66,160,351 $ 43,953,502 $ 35,516,749
Amortization of deferred debt issuance costs 4,678,811 3,037,427 3,011,599
Commitment fees 1,324,880 819,811 830,548
Total $ 72,164,042 $ 47,810,740 $ 39,358,896
v3.25.0.1
Debt - Schedule of Component of Interest Expense (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Debt Instrument [Line Items]      
Amortization of original issue discount/ (premium). $ 371,015 $ 214,762 $ 199,265
Total interest expense 66,160,351 43,953,502 35,516,749
2022 Convertible Notes      
Debt Instrument [Line Items]      
Stated interest expense     1,079,167
Amortization of original issue discount/ (premium).     0
Total interest expense     1,079,167
2024 Notes | Unsecured Notes      
Debt Instrument [Line Items]      
Stated interest expense 6,283,333 9,750,000 9,750,000
Amortization of original issue discount/ (premium). 403,991 598,483 574,357
Total interest expense 6,687,324 10,348,483 10,324,357
2025 Notes | Unsecured Notes      
Debt Instrument [Line Items]      
Stated interest expense 5,695,845    
Amortization of original issue discount/ (premium). 0    
Total interest expense 5,695,845    
2026 Notes | Unsecured Notes      
Debt Instrument [Line Items]      
Stated interest expense 9,262,500 9,262,500 9,262,500
Amortization of original issue discount/ (premium). (392,611) (383,721) (375,092)
Total interest expense $ 8,869,889 8,878,779 $ 8,887,408
2029 Notes | Unsecured Notes      
Debt Instrument [Line Items]      
Stated interest expense   13,176,042  
Amortization of original issue discount/ (premium).   359,636  
Total interest expense   $ 13,535,678  
v3.25.0.1
Debt - Schedule of Component of Carrying Value of Debt (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Aug. 27, 2021
Dec. 31, 2020
Oct. 02, 2020
Debt Instrument [Line Items]              
Original issue (discount)/ premium, net of accretion $ 7,974,601 $ 3,355,221          
Carrying value of debt [1] 1,126,314,826 988,555,830 $ 949,062,241 $ 1,019,339,449   $ 856,324,371  
2024 Notes              
Debt Instrument [Line Items]              
Principal amount of debt 250,000,000 250,000,000          
Original issue (discount)/ premium, net of accretion   (403,991)          
Carrying value of debt   249,596,009          
2024 Notes | Unsecured Notes              
Debt Instrument [Line Items]              
Principal amount of debt             $ 250,000,000
2025 Notes              
Debt Instrument [Line Items]              
Principal amount of debt 92,000,000            
Original issue (discount)/ premium, net of accretion 0            
Carrying value of debt 92,000,000            
2026 Notes              
Debt Instrument [Line Items]              
Principal amount of debt 325,000,000 325,000,000          
Original issue (discount)/ premium, net of accretion 398,402 791,013          
Carrying value of debt 325,398,402 $ 325,791,013          
2026 Notes | Unsecured Notes              
Debt Instrument [Line Items]              
Principal amount of debt         $ 325,000,000    
2029 Notes              
Debt Instrument [Line Items]              
Principal amount of debt 325,000,000            
Original issue (discount)/ premium, net of accretion (3,254,364)            
Carrying value of debt $ 321,745,636            
[1] Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
v3.25.0.1
Debt - Schedule of SBA Debenture Outstanding (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Debt Instrument [Line Items]          
Debt instrument, outstanding amount [1] $ 1,126,314,826 $ 988,555,830 $ 949,062,241 $ 1,019,339,449 $ 856,324,371
SBA Debentures          
Debt Instrument [Line Items]          
Debt instrument, outstanding amount $ 131,500,000 $ 150,000,000      
Debt instrument, interest rate 2.45% 2.52%      
SBA Debentures | September 24, 2014          
Debt Instrument [Line Items]          
Issuance Date   Sep. 24, 2014      
Debt instrument, maturity date   Sep. 01, 2024      
Debt instrument, outstanding amount   $ 18,500,000      
Debt instrument, interest rate   3.02%      
SBA Annual Charge   0.36%      
SBA Debentures | March 25, 2015          
Debt Instrument [Line Items]          
Issuance Date Mar. 25, 2015 Mar. 25, 2015      
Debt instrument, maturity date Mar. 01, 2025 Mar. 01, 2025      
Debt instrument, outstanding amount $ 9,500,000 $ 9,500,000      
Debt instrument, interest rate 2.52% 2.52%      
SBA Annual Charge 0.36% 0.36%      
SBA Debentures | September 23, 2015          
Debt Instrument [Line Items]          
Issuance Date Sep. 23, 2015 Sep. 23, 2015      
Debt instrument, maturity date Sep. 01, 2025 Sep. 01, 2025      
Debt instrument, outstanding amount $ 10,800,000 $ 10,800,000      
Debt instrument, interest rate 2.83% 2.83%      
SBA Annual Charge 0.36% 0.36%      
SBA Debentures | March 23, 2016          
Debt Instrument [Line Items]          
Issuance Date Mar. 23, 2016 Mar. 23, 2016      
Debt instrument, maturity date Mar. 01, 2026 Mar. 01, 2026      
Debt instrument, outstanding amount $ 4,000,000 $ 4,000,000      
Debt instrument, interest rate 2.51% 2.51%      
SBA Annual Charge 0.36% 0.36%      
SBA Debentures | September 21, 2016          
Debt Instrument [Line Items]          
Issuance Date Sep. 21, 2016 Sep. 21, 2016      
Debt instrument, maturity date Sep. 01, 2026 Sep. 01, 2026      
Debt instrument, outstanding amount $ 18,200,000 $ 18,200,000      
Debt instrument, interest rate 2.05% 2.05%      
SBA Annual Charge 0.36% 0.36%      
SBA Debentures | September 20, 2017          
Debt Instrument [Line Items]          
Issuance Date Sep. 20, 2017 Sep. 20, 2017      
Debt instrument, maturity date Sep. 01, 2027 Sep. 01, 2027      
Debt instrument, outstanding amount $ 14,000,000 $ 14,000,000      
Debt instrument, interest rate 2.52% 2.52%      
SBA Annual Charge 0.36% 0.36%      
SBA Debentures | March 21, 2018          
Debt Instrument [Line Items]          
Issuance Date Mar. 21, 2018 Mar. 21, 2018      
Debt instrument, maturity date Mar. 01, 2028 Mar. 01, 2028      
Debt instrument, outstanding amount $ 8,000,000 $ 8,000,000      
Debt instrument, interest rate 3.19% 3.19%      
SBA Annual Charge 0.35% 0.35%      
SBA Debentures | September 19, 2018          
Debt Instrument [Line Items]          
Issuance Date Sep. 19, 2018 Sep. 19, 2018      
Debt instrument, maturity date Sep. 01, 2028 Sep. 01, 2028      
Debt instrument, outstanding amount $ 15,000,000 $ 15,000,000      
Debt instrument, interest rate 3.55% 3.55%      
SBA Annual Charge 0.35% 0.35%      
SBA Debentures | September 25, 2019          
Debt Instrument [Line Items]          
Issuance Date Sep. 25, 2019 Sep. 25, 2019      
Debt instrument, maturity date Sep. 01, 2029 Sep. 01, 2029      
Debt instrument, outstanding amount $ 40,000,000 $ 40,000,000      
Debt instrument, interest rate 2.28% 2.28%      
SBA Annual Charge 0.35% 0.35%      
SBA Debentures | September 22, 2021          
Debt Instrument [Line Items]          
Issuance Date Sep. 22, 2021 Sep. 22, 2021      
Debt instrument, maturity date Sep. 01, 2031 Sep. 01, 2031      
Debt instrument, outstanding amount $ 12,000,000 $ 12,000,000      
Debt instrument, interest rate 1.30% 1.30%      
SBA Annual Charge 0.35% 0.35%      
[1] Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
v3.25.0.1
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk - Schedule of Certain Revolving Loan Facilities and Other Commitments with Unfunded Balances (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Debt Instrument [Line Items]    
Unfunded Balances $ 143,915,382 $ 54,556,095
2-10 Holdco, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 26, 2026  
Unfunded Balances $ 0 723,670
Accordion Partners LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 15, 2031  
Unfunded Balances $ 984,286  
Accordion Partners LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 15, 2031  
Unfunded Balances $ 656,191  
Accordion Partners LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 31, 2028  
Unfunded Balances   111,925
Accuserve Solutions, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 15, 2030  
Unfunded Balances $ 2,273,092  
Acquia, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 01, 2025  
Unfunded Balances $ 832,182 960,792
Alcami Corporation    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 21, 2028  
Unfunded Balances   546,266
Alcami Corporation    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 21, 2028  
Unfunded Balances $ 1,080,091 874,025
AlphaSense, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 27, 2029  
Unfunded Balances $ 4,641,664  
Alpine Acquisition Corp II (48Forty)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 30, 2026  
Unfunded Balances $ 483,992 71,628
AmeriLife Holdings, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 31, 2028  
Unfunded Balances $ 742,492  
AmeriLife Holdings, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 31, 2029  
Unfunded Balances   76,212
AmeriLife Holdings, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 31, 2028  
Unfunded Balances   227,273
Applause App Quality, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 20, 2025  
Unfunded Balances   1,133,535
Applause App Quality, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 24, 2029  
Unfunded Balances $ 1,307,719  
Appriss Health, LLC (PatientPing)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 06, 2027  
Unfunded Balances $ 736,257 544,531
Aras Corporation    
Debt Instrument [Line Items]    
Debt instrument, maturity date Apr. 13, 2029  
Unfunded Balances $ 727,344 116,311
Avalara, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 19, 2028  
Unfunded Balances $ 270,000 45,000
Backoffice Associates Holdings, LLC (Syniti)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Apr. 30, 2026  
Unfunded Balances   428,647
Bluefin Holding, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 12, 2029  
Unfunded Balances $ 762,821 89,744
Bonterra LLC (Fka CyberGrants Holdings, LLC)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 08, 2027  
Unfunded Balances $ 200,000 194,444
Bynder Bidco B.V. (Netherlands)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 26, 2029  
Unfunded Balances $ 1,259,424 882,000
Bynder Bidco, Inc. (Netherlands)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 26, 2029  
Unfunded Balances $ 346,984 243,000
CareATC, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 14, 2026  
Unfunded Balances $ 945,362 607,288
Clever Devices Ltd.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 12, 2030  
Unfunded Balances $ 441,176  
Community Merger Sub Debt LLC (CINC Systems)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 18, 2030  
Unfunded Balances $ 428,571  
Crewline Buyer, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 08, 2030  
Unfunded Balances $ 163,522 81,761
CSG Buyer, Inc. (Core States)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 31, 2028  
Unfunded Balances   2,921,165
CSG Buyer, Inc. (Core States)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 31, 2028  
Unfunded Balances   1,460,583
Disco Parent, Inc. (Duck Creek Technologies)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 30, 2029  
Unfunded Balances $ 604,041 90,909
DNAnexus, Inc    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 20, 2029  
Unfunded Balances $ 18,375,000  
Douglas Holdings, Inc (Docupace)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 27, 2030  
Unfunded Balances $ 3,648,967  
Douglas Holdings, Inc (Docupace)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 27, 2030  
Unfunded Balances $ 3,317,243  
Douglas Holdings, Inc (Docupace)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 27, 2030  
Unfunded Balances $ 1,589,628  
Douglas Holdings, Inc (Docupace)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 27, 2030  
Unfunded Balances $ 1,326,897  
e-Discovery AcquireCo, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 29, 2029  
Unfunded Balances $ 748,071 83,333
Emerald Technologies (U.S.) AcquisitionCo, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 29, 2026  
Unfunded Balances $ 829,369 531,907
ESO Solutions, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 03, 2027  
Unfunded Balances $ 709,962 700,111
Fusion Holding Corp. (Finalsite)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 15, 2027  
Unfunded Balances $ 299,035 37,736
Fusion Risk Management, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 22, 2029  
Unfunded Balances $ 642,857 107,143
GTY Technology Holdings Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jul. 09, 2029  
Unfunded Balances $ 1,016,653  
GTY Technology Holdings Inc. One [Member]    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jul. 09, 2029  
Unfunded Balances $ 394,917 41,538
Honey Intermediate, Inc. (iLobby) (Canada)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 26, 2030  
Unfunded Balances $ 2,352,941  
Huckabee Acquisition, LLC (MOREgroup)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 16, 2030  
Unfunded Balances $ 322,581  
Huckabee Acquisition, LLC (MOREgroup)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 16, 2030  
Unfunded Balances $ 193,548  
ICIMS, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 18, 2028  
Unfunded Balances   886,195
ICIMS, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 18, 2028  
Unfunded Balances $ 1,160,129 330,556
Integrate.com, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 17, 2027  
Unfunded Balances $ 14,000 10,000
Integrity Marketing Acquisition, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 27, 2026  
Unfunded Balances   10,254,564
Integrity Marketing Acquisition, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 25, 2028  
Unfunded Balances $ 15,422,318  
Intercept Bidco, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 03, 2030  
Unfunded Balances $ 416,667  
Intercept Bidco, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 03, 2030  
Unfunded Balances $ 277,778  
IT Parent, LLC (Insurance Technologies)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 01, 2026  
Unfunded Balances   104,167
James Perse Enterprises, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 08, 2027  
Unfunded Balances $ 3,006,884 1,944,444
Kaseya, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 25, 2029  
Unfunded Balances $ 412,951 93,900
Kaseya, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 25, 2029  
Unfunded Balances $ 416,280 75,000
Kellermeyer Bergensons Services LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 06, 2028  
Unfunded Balances $ 39,048  
Lighthouse Parent Holdings, Inc (Aperture)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 20, 2031  
Unfunded Balances $ 5,826,746  
Lighthouse Parent Holdings, Inc (Aperture)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 20, 2031  
Unfunded Balances $ 2,330,698  
LJ Avalon Holdings, LLC (Ardurra)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Feb. 01, 2030  
Unfunded Balances   1,275,925
LJ Avalon Holdings, LLC (Ardurra)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Feb. 01, 2029  
Unfunded Balances $ 1,121,737 837,680
Logicmonitor, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 19, 2031  
Unfunded Balances $ 50,748  
Lucky US BuyerCo, LLC (Global Payments)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 30, 2029  
Unfunded Balances $ 222,333 277,917
Madison Logic Holdings, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 30, 2027  
Unfunded Balances $ 752,321 1,069,947
Mesquite Bidco, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 30, 2029  
Unfunded Balances   1,585,403
OCM Luxembourg Baccarat Bidco S.A.R.L. (Interblock) (Slovenia)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 03, 2027  
Unfunded Balances $ 328,745  
Oranje Holdco, Inc. (KnowBe4)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Feb. 01, 2029  
Unfunded Balances $ 1,646,924 1,229,873
Persado, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 10, 2027  
Unfunded Balances $ 101,431  
Oversight Systems, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 24, 2026  
Unfunded Balances   212,667
PHC Buyer, LLC (Patriot Home Care)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 04, 2028  
Unfunded Balances   3,266,234
PlayPower, Inc    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 28, 2030  
Unfunded Balances $ 1,313,131  
Pluralsight, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 22, 2029  
Unfunded Balances $ 3,775,409  
Pluralsight, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Apr. 06, 2027  
Unfunded Balances   539,019
Pluralsight, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 22, 2029  
Unfunded Balances $ 1,849,410  
PMA Parent Holdings, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 31, 2031  
Unfunded Balances $ 750,000  
Modigent, LLC (fka Pueblo Mechanical and Controls, LLC)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 23, 2027  
Unfunded Balances $ 80,100 39,167
Modigent, LLC (fka Pueblo Mechanical and Controls, LLC)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 23, 2028  
Unfunded Balances $ 1,536,784  
Razor Group GmbH (Germany)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Apr. 30, 2025  
Unfunded Balances   3,834,569
Rialto Management Group, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 05, 2030  
Unfunded Balances $ 172,414  
Sailpoint Technologies Holdings, Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 16, 2028  
Unfunded Balances $ 371,281 37,538
Sandata Technologies, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jul. 23, 2024  
Unfunded Balances   1,050,000
SellerX Germany GmbH (Germany)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 22, 2029  
Unfunded Balances $ 1,346,022  
SellerX Germany GmbH (Germany)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 23, 2026  
Unfunded Balances   5,034,506
SellerX Germany GmbH (Germany)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 28, 2026  
Unfunded Balances $ 538,409  
SEP Eiger BidCo Ltd. (Beqom) (Switzerland)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 09, 2028  
Unfunded Balances $ 1,460,107 1,601,742
SEP Raptor Acquisition, Inc. (Loopio) (Canada)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Mar. 31, 2027  
Unfunded Balances $ 1,908,116  
Serrano Parent, LLC (Sumo Logic)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 13, 2030  
Unfunded Balances $ 697,970 90,000
Showtime Acquisition, L.L.C. (World Choice)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 07, 2028  
Unfunded Balances   1,039,117
Showtime Acquisition, L.L.C. (World Choice)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 07, 2028  
Unfunded Balances   1,298,896
Skydio, Inc    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 04, 2029  
Unfunded Balances $ 6,562,500  
Skydio, Inc One [Member]    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 04, 2029  
Unfunded Balances $ 6,562,500  
Sonny's Enterprises, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 05, 2027  
Unfunded Balances $ 132,940  
Spark Buyer, LLC (SPARKSTONE)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 15, 2031  
Unfunded Balances $ 4,482,759  
Spark Buyer, LLC (SPARKSTONE)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 15, 2031  
Unfunded Balances $ 2,241,379  
Spartan Bidco Pty Ltd (StarRez)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jan. 24, 2028  
Unfunded Balances $ 802,885  
SumUp Holdings Luxembourg S.A.R.L. (Luxembourg)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Apr. 25, 2031  
Unfunded Balances $ 8,668,407  
Superman Holdings, LLC (Foundation Software)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Aug. 31, 2026  
Unfunded Balances   1,256,026
Wealth Enhancement Group, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 04, 2027  
Unfunded Balances   71,696
Wealth Enhancement Group, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Oct. 04, 2027  
Unfunded Balances   26,980
Titan Home Improvement, LLC (Renuity)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 31, 2030  
Unfunded Balances $ 348,837  
Titan Home Improvement, LLC (Renuity)    
Debt Instrument [Line Items]    
Debt instrument, maturity date May 31, 2030  
Unfunded Balances $ 290,698  
Trintech, Inc    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jul. 25, 2029  
Unfunded Balances $ 152,143 43,469
Thunder Purchaser, Inc. (Vector Solutions)    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jun. 30, 2028  
Unfunded Balances $ 5,409,810  
Vortex Companies, LLC    
Debt Instrument [Line Items]    
Debt instrument, maturity date Sep. 04, 2029  
Unfunded Balances $ 140,839 68,547
Xactly Corporation    
Debt Instrument [Line Items]    
Debt instrument, maturity date Jul. 31, 2027  
Unfunded Balances $ 854,898 854,898
Zendesk Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 22, 2028  
Unfunded Balances $ 1,393,091 95,503
Zendesk Inc.    
Debt Instrument [Line Items]    
Debt instrument, maturity date Nov. 22, 2028  
Unfunded Balances $ 573,626 39,325
Zilliant Incorporated    
Debt Instrument [Line Items]    
Debt instrument, maturity date Dec. 21, 2027  
Unfunded Balances $ 296,296 $ 148,148
v3.25.0.1
Commitments, Contingencies, Concentration of Credit Risk and Off-Balance Sheet Risk - Additional Information (Details)
$ in Millions
 12 Months Ended
Dec. 31, 2024
USD ($)
Commitments and Contingencies Disclosure [Abstract]  
Lawsuit filing date Sep. 13, 2023
Litigation settlement amount $ 15.1
v3.25.0.1
Other Related Party Transactions - Additional Information (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Related Party Transaction [Line Items]      
Reimbursements due to advisor $ 900,000 $ 800,000  
Expenses allocated to administration agreement 2,400,000 1,500,000 $ 1,800,000
Affiliated Entity [Member]      
Related Party Transaction [Line Items]      
Outstanding amount $ 0 $ 0  
v3.25.0.1
Stockholders' Equity and Dividends - Summary of Dividends Declared and Paid (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 17, 2024
Nov. 06, 2024
Sep. 16, 2024
Aug. 07, 2024
Jun. 28, 2024
Jun. 14, 2024
May 01, 2024
Mar. 29, 2024
Mar. 14, 2024
Mar. 04, 2024
Feb. 29, 2024
Dec. 29, 2023
Dec. 15, 2023
Nov. 02, 2023
Sep. 29, 2023
Sep. 15, 2023
Aug. 03, 2023
Jun. 30, 2023
Jun. 16, 2023
May 04, 2023
Mar. 31, 2023
Mar. 17, 2023
Feb. 28, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dividends Payable [Line Items]                                                      
Type     Regular Regular       Regular       Regular     Regular     Regular     Regular     Regular      
Amount Per Share $ 1.46   $ 0.34   $ 0.34     $ 0.34       $ 0.34     $ 0.34     $ 0.34     $ 0.34     $ 0.32 $ 1.46 $ 1.69  
Total Amount     $ 28,929,237   $ 29,100,986     $ 29,100,986     $ 7,257,191 $ 19,640,870           $ 19,640,870     $ 19,640,870     $ 18,485,524 $ 115,280,678 $ 97,626,676 $ 73,364,425
Reinvested Amount     $ 637,485   $ 722,140     $ 771,651       $ 0     $ 0     $ 0     $ 0     $ 0 $ 2,318,771 $ 0  
O2024 Q1 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                       Feb. 29, 2024                              
Record Date                   Mar. 14, 2024                                  
Payment Date                 Mar. 29, 2024                                    
O2024 Q2 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared               May 01, 2024                                      
Record Date             Jun. 14, 2024                                        
Payment Date           Jun. 28, 2024                                          
O2024 Q3 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared         Aug. 07, 2024                                            
Record Date       Sep. 16, 2024                                              
Payment Date       Sep. 30, 2024                                              
O2024 Q4 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared     Nov. 06, 2024                                                
Record Date   Dec. 17, 2024                                                  
Payment Date Dec. 31, 2024                                                    
S2024 Q4 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared     Nov. 06, 2024                                                
Record Date   Dec. 17, 2024                                                  
Payment Date Dec. 31, 2024                                                    
Type     Special                                                
Amount Per Share     $ 0.1                                                
Total Amount     $ 8,508,599                                                
Reinvested Amount     $ 187,495                                                
O2023 Q1 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                                               Feb. 28, 2023      
Record Date                                             Mar. 17, 2023        
Payment Date                                           Mar. 31, 2023          
O2023 Q2 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                                         May 04, 2023            
Record Date                                       Jun. 16, 2023              
Payment Date                                     Jun. 30, 2023                
O2023 Q3 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                                   Aug. 03, 2023                  
Record Date                                 Sep. 15, 2023                    
Payment Date                               Sep. 29, 2023                      
S2023 Q3 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                                   Aug. 03, 2023                  
Record Date                                 Sep. 15, 2023                    
Payment Date                               Sep. 29, 2023                      
Type                                   Special                  
Amount Per Share                                   $ 0.1                  
Total Amount                                   $ 5,776,726                  
Reinvested Amount                                   0                  
O2023 Q4 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                             Nov. 02, 2023                        
Record Date                           Dec. 15, 2023                          
Payment Date                         Dec. 29, 2023                            
S2023 Q4 Dividends                                                      
Dividends Payable [Line Items]                                                      
Date Declared                             Nov. 02, 2023                        
Record Date                           Dec. 15, 2023                          
Payment Date                         Dec. 29, 2023                            
Type                             Special                        
Amount Per Share                             $ 0.25                        
Total Amount                                   $ 14,441,816                  
Reinvested Amount                             $ 0                        
v3.25.0.1
Stockholders Equity and Dividends - Schedule of Total Shares Repurchased And Amounts Paid By The Company Under The Company Repurchase Plan, Including Broker Fees (Details)
 12 Months Ended
Dec. 31, 2024
USD ($)
$ / shares
shares
Equity [Abstract]  
Shares Repurchased | shares 510,687
Price Per Share | $ / shares $ 8.86
Total Cost | $ $ 4,524,639
v3.25.0.1
Stockholders' Equity and Dividends - Additional Information (Details) - USD ($)
 12 Months Ended
Nov. 06, 2024
Aug. 07, 2024
May 01, 2024
Mar. 15, 2024
Mar. 04, 2024
Feb. 29, 2024
Nov. 02, 2023
Aug. 03, 2023
May 04, 2023
Feb. 28, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Apr. 24, 2024
Mar. 18, 2024
Feb. 24, 2015
Equity Class Of Treasury Stock [Line Items]                                
Common stock, par value                     $ 0.001 $ 0.001        
Common stock, shares issued                     85,080,447 57,767,264        
Dividends paid to shareholders $ 28,929,237 $ 29,100,986 $ 29,100,986   $ 7,257,191 $ 19,640,870   $ 19,640,870 $ 19,640,870 $ 18,485,524 $ 115,280,678 $ 97,626,676 $ 73,364,425      
Percentage of the market price on the distribution payment date                     95.00%          
Distribution payment date                     30 days          
Reinvested Amount $ 637,485 $ 722,140 $ 771,651     $ 0 $ 0 $ 0 $ 0 $ 0 $ 2,318,771 $ 0        
O2024 Q1 A Dividends                                
Equity Class Of Treasury Stock [Line Items]                                
Date Declared         Mar. 04, 2024                      
Record Date       Mar. 15, 2024                        
BlackRock Capital Investment Corporation                                
Equity Class Of Treasury Stock [Line Items]                                
Common stock convertible conversion price                             0.3834  
Common stock, par value                             $ 0.001  
Common stock, shares issued                             27,823,870  
Company Repurchase Plan                                
Equity Class Of Treasury Stock [Line Items]                                
Stock repurchase plan, authorized amount                           $ 50,000,000   $ 50,000,000
Repurchase amount                           $ 50,000,000   $ 50,000,000
Stock repurchased during period, Shares                       0        
v3.25.0.1
Earnings Per Share - Schedule of Computation Of Net Increase In Net Assets Per Share Resulting From Operations (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Earnings Per Share [Abstract]          
Net Income (Loss) $ (63,137,172) $ 38,474,432 $ (9,225,332)    
Weighted average shares outstanding, Basic 79,670,868 57,767,264 57,767,264 57,767,264 57,991,233
Weighted average shares outstanding, Diluted 79,670,868 57,767,264 57,767,264    
Earnings (loss) per share, Basic $ (0.79) $ 0.67 $ (0.16)    
Earnings (loss) per share, Diluted $ (0.79) $ 0.67 $ (0.16)    
v3.25.0.1
Subsequent Events - Additional Information (Details) - $ / shares
Mar. 31, 2025
Mar. 17, 2025
Feb. 25, 2025
Feb. 27, 2025
Dec. 31, 2024
Nov. 06, 2024
Aug. 07, 2024
May 01, 2024
Feb. 29, 2024
Dec. 31, 2023
Nov. 02, 2023
Aug. 03, 2023
May 04, 2023
Feb. 28, 2023
Subsequent Event [Line Items]                            
Dividend payable amount per share         $ 1.46 $ 0.34 $ 0.34 $ 0.34 $ 0.34 $ 1.69 $ 0.34 $ 0.34 $ 0.34 $ 0.32
Subsequent Event                            
Subsequent Event [Line Items]                            
Mangement fee waving description     On February 25, 2025, the Advisor voluntarily agreed to waive one-third of its base management fee with respect to the Company for three calendar quarters beginning on January 1, 2025 and ending on September 30, 2025.                      
Subsequent Event | O 2025 Q1 Dividends                            
Subsequent Event [Line Items]                            
Dividend payable amount per share       $ 0.25                    
Dividend payable record date   Mar. 17, 2025                        
Dividend payable date Mar. 31, 2025                          
Subsequent Event | S 2024 Q1 Dividends                            
Subsequent Event [Line Items]                            
Dividend payable amount per share       $ 0.04                    
Dividend payable record date   Mar. 17, 2025                        
Dividend payable date Mar. 31, 2025                          
v3.25.0.1
Financial Highlights - Schedule of Financial Highlights (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Investment Company, Financial Highlights [Line Items]                    
Per share NAV at beginning of period $ 11.9 $ 12.93 $ 14.36 $ 13.24 $ 13.21          
Net investment income before excise taxes 1.66 1.85 1.53 1.26 1.43          
Excise taxes 0 (0.01) 0 0 0          
Net investment income [1] 1.66 1.84 1.53 1.26 1.43          
Net realized and unrealized gain (loss) [1] (2.6) (1.18) (1.69) 1.17 (0.16)          
Total from investment operations (0.94) 0.66 (0.16) 2.43 1.27          
Net Decrease in Net Assets as a Result of Issuance of Shares in Connection with the Merger [2] (0.28) 0 0 0            
Repurchase of common stock 0.01 0 0 0 0.12          
Issuance of convertible debt 0 0 0 0 0          
Loss on extinguishment of debt 0 0 0 (0.11) (0.04)          
Ordinary income dividends (1.46) (1.69) (1.27) (1.2) (1.13)          
Tax basis returns of capital 0 0 0 (0.23) (0.19)          
Dividends to common shareholders [3] (1.46) (1.69) (1.27) (1.2) (1.32)          
Per share NAV at end of period 9.23 11.9 12.93 14.36 13.24 $ 13.21        
Per share market price at end of period $ 8.71 $ 11.54 $ 12.94 $ 13.51 $ 11.24          
Total return based on market value [4] (11.90%) 2.20% 5.20% 30.90% (10.60%)          
Total return based on net asset value [5] (10.20%) 5.10% (1.10%) 17.50% 10.20%          
Balance (Shares) 85,080,447 57,767,264 57,767,264 57,767,264 57,767,264          
Net investment income [6] 15.60% 14.20% 10.80% 9.00% 11.30%          
Expenses before incentive fee [7] 12.80% 10.70% 9.00% 9.30% 10.00%          
Expenses and incentive fee [8] 15.10% 13.70% 11.30% 11.50% 12.10%          
Ending common shareholder equity $ 785,123,667 $ 687,601,546 $ 746,753,790 $ 829,456,636 $ 764,986,578          
Portfolio turnover rate 18.30% 13.50% 19.40% 35.60% 28.30%          
Weighted-average debt outstanding $ 1,234,022,372 $ 1,001,667,440 $ 1,023,880,532 $ 985,506,056 $ 936,157,021          
Weighted-average interest rate on debt 5.40% 4.40% 3.50% 3.60% 3.90%          
Weighted-average number of common shares 79,670,868 57,767,264 57,767,264 57,767,264 57,991,233          
Weighted-average debt per share $ 15.49 $ 17.34 $ 17.72 $ 17.06 $ 16.14          
Asset Coverage:                    
Debt outstanding [9] $ 1,126,314,826 $ 988,555,830 $ 949,062,241 $ 1,019,339,449 $ 856,324,371          
Asset coverage per $1,000 of debt outstanding $ 1,789 [10] $ 1,643 [10] $ 1,929 [10] $ 1,948 [10] $ 2,058 [10] $ 1,992 $ 2,157 $ 2,335 $ 2,352 $ 2,429
Cumulative Effect Adjustment for the Adoption | ASU 2020-06                    
Investment Company, Financial Highlights [Line Items]                    
Per share NAV at beginning of period [11] $ 0 $ 0 $ 0 $ 0            
Per share NAV at end of period [11] $ 0 $ 0 $ 0 $ 0 $ 0          
Ending common shareholder equity [12]     $ (113,089)              
[1] Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
[2] Calculated as the number of shares issued by the Company in connection with the Merger times the discount per share based on the closing price per share and the NAV per share at the time of the closing of the Merger.
[3] Dividends to common shareholders include a tax return of capital of $0 ($0.00 per share), $0 ($0.00 per share), $0 ($0.00 per share), $13,563,291 ($0.23 per share) and $11,313,222 ($0.19 per share) for the years ended December 31, 2024, 2023 and 2022, 2021 and 2020, respectively.
[4] Total return based on market value is calculated by determining the percentage change in market value per share during the period.
[5] Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
[6] Net of incentive compensation and excise taxes.
[7] Includes interest and other debt costs but excludes excise taxes.
[8] Includes incentive compensation and all Company expenses including interest and other debt costs.
[9] Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
[10] Excludes SBA Debentures.
[11] See Note 2 and 4 for further information related to the adoption of ASU 2020-06.
[12] See Note 2 and Note 4 for further information related to the adoption of ASU 2020-06.
v3.25.0.1
Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Investment Company [Abstract]          
Amount to determine asset coverage per unit $ 1,000        
Tax return of capital $ 0 $ 0 $ 0 $ 13,563,291 $ 11,313,222
Tax return of capital, per share $ 0 $ 0 $ 0 $ 0.23 $ 0.19
v3.25.0.1
Senior Securities - Summary of Senior Securities (Details) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Line Of Credit Facility [Line Items]                    
Asset Coverage Per Unit $ 6,932 $ 5,244 $ 6,906 $ 11,020 $ 9,508 $ 5,812 $ 5,221 $ 6,513 $ 4,056 $ 3,076
Asset Coverage Per Unit, Notes 1,789 [1] 1,643 [1] 1,929 [1] 1,948 [1] 2,058 [1] 1,992 2,157 2,335 2,352 2,429
Operating Facility                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 120,671 163,169 123,890 154,480 120,454 108,498 82,000 57,000 100,500 124,500
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 0 0 0 0
Funding Facility I                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding           158,000 212,000 175,000 175,000 229,000
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 0 0 0 0
Funding Facility II                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 75,000 100,000 100,000 0 36,000          
Involuntary Liquidating Preference Per Unit 0 0 0 0 0          
Merger Sub Facility                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 60,000                  
Involuntary Liquidating Preference Per Unit 0                  
SBA Debentures                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 131,500 150,000 150,000 150,000 138,000 138,000 98,000 83,000 61,000 42,800
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 0 0 0 0
2019 Convertible Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding             108,000 108,000 108,000 108,000
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 0 0 0 $ 0
2022 Convertible Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding       140,000 140,000 140,000 140,000 140,000 140,000  
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 0 0 $ 0  
2022 Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding         175,000 175,000 175,000 175,000    
Involuntary Liquidating Preference Per Unit 0 0 0 0 0 0 $ 0 $ 0    
2024 Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding   250,000 250,000 250,000 250,000 200,000        
Involuntary Liquidating Preference Per Unit 0 0 0 0 $ 0 $ 0        
2025 Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 92,000                  
Involuntary Liquidating Preference Per Unit 0                  
2026 Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 325,000 325,000 325,000 325,000            
Involuntary Liquidating Preference Per Unit 0 $ 0 $ 0 $ 0            
2029 Notes                    
Line Of Credit Facility [Line Items]                    
Total Amount Outstanding 325,000                  
Involuntary Liquidating Preference Per Unit $ 0                  
[1] Excludes SBA Debentures.
v3.25.0.1
Senior Securities - Summary of Senior Securities (Parenthetical) (Details)
Dec. 31, 2024
USD ($)
Line Of Credit Facility [Line Items]  
Asset coverage ratio, indebtedness is multiplied $ 1,000
Operating Facility  
Line Of Credit Facility [Line Items]  
Asset coverage ratio, indebtedness is multiplied 1,000
Funding Facility I  
Line Of Credit Facility [Line Items]  
Asset coverage ratio, indebtedness is multiplied 1,000
Funding Facility II  
Line Of Credit Facility [Line Items]  
Asset coverage ratio, indebtedness is multiplied 1,000
Merger Sub Facility  
Line Of Credit Facility [Line Items]  
Asset coverage ratio, indebtedness is multiplied $ 1,000
v3.25.0.1
Merger with BlackRock Capital Investment Corporation - Additional Information (Details)
Mar. 18, 2024
USD ($)
$ / shares
shares
Dec. 31, 2024
$ / shares
shares
Mar. 17, 2024
Dec. 31, 2023
$ / shares
shares
Feb. 08, 2019
$ / shares
Business Acquisition [Line Items]          
Common stock, par value | $ / shares   $ 0.001   $ 0.001  
Common stock, shares issued | shares   85,080,447   57,767,264  
Base management fee rate         1.5
Percentage of net asset value         200.00%
BlackRock Capital Investment Corporation          
Business Acquisition [Line Items]          
Common stock, par value | $ / shares $ 0.001        
Common stock, shares issued | shares 27,823,870        
Base management fee rate 0.01   0.015   1
Percentage of net asset value 200.00%   200.00%    
Conversion of stock, Shares issued | shares 0.3834        
Merger agreement percentage of aggregate expense incurred 50.00%        
Merger agreement transaction related expenses | $ $ 2,366,408        
BlackRock Capital Investment Corporation | Maximum          
Business Acquisition [Line Items]          
Base management fee rate 0.015       1.5
Price per share | $ / shares $ 0.32       $ 0.32
Merger agreement combined aggregate expense incurred | $ $ 6,000,000        
BlackRock Capital Investment Corporation | Minimum          
Business Acquisition [Line Items]          
Base management fee rate 0.0125       1.25
Percentage of net asset value 200.00%       200.00%
v3.25.0.1
Merger with BlackRock Capital Investment Corporation - summary of allocation of the consideration paid to the assets acquired and liabilities (Details) - BlackRock Capital Investment Corporation - USD ($)
Mar. 18, 2024
Dec. 31, 2024
Business Acquisition [Line Items]    
Common stock issued by the Company [1] $ 280,464,610  
Transaction costs 2,366,408  
Total purchase price 282,831,018  
Assets acquired:    
Investments 586,983,708 [2] $ 586,983,708
Cash and cash equivalents 11,670,610  
Interest, dividends and fees receivable 10,373,421  
Due from broker 2,048,141  
Other assets 3,731,006  
Total assets acquired 614,806,886  
Liabilities assumed:    
Debt 315,296,749  
Dividends payable [3] 7,257,191  
Management fees payable 1,888,664  
Interest rate swap, at fair value 1,674,309  
Incentive fees payable 1,363,625  
Other liabilities 4,495,330  
Total liabilities assumed 331,975,868  
Net assets acquired $ 282,831,018  
[1] Based on the Company's market price of $10.08 and 27,823,870 shares of common stock issued by the Company at closing.
[2] Investments acquired were recorded at fair value at the date of the acquisition, which is also the Company's initial cost basis in the investments, and reflects the impact of a $21,886,848 purchase discount.
[3] Declared on March 4, 2024 by the BCIC Board of Directors for the benefit of former BCIC shareholders of record as of March 15, 2024 and paid on March 29, 2024 out of BCIC cash and cash equivalents acquired by the Company.
v3.25.0.1
Merger with BlackRock Capital Investment Corporation - summary of allocation of the consideration paid to the assets acquired and liabiltiy (Parenthetical) (Details) - USD ($)
 3 Months Ended
Mar. 18, 2024
Mar. 31, 2024
Dec. 31, 2024
Dec. 31, 2023
Business Acquisition [Line Items]        
Common stock, shares issued     85,080,447 57,767,264
Business acquisition, purchase discount   $ 21,886,848    
BlackRock Capital Investment Corporation        
Business Acquisition [Line Items]        
Business acquisition, market Price $ 10.08      
Common stock, shares issued 27,823,870      
Business acquisition, purchase discount $ 21,886,848      
v3.25.0.1
Segment Reporting - Additional Information (Details)
 12 Months Ended
Dec. 31, 2024
Segment
Segment Reporting [Abstract]  
Number of Operating Segments 1
Number of Reportable Segments 1
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration] srt:ChiefExecutiveOfficerMember, srt:ChiefFinancialOfficerMember
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description In addition to numerous other factors and metrics, the CODM utilizes net income as a key metric in determining the amount of dividends to be distributed to the Company’s shareholders. As the Company’s operations comprise of a single reporting segment, the segment assets are reflected on the accompanying Consolidated Statements of Assets and Liabilities as “total assets” and the significant segment expenses are listed on the accompanying Consolidated Statements of Operations.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Schedule Of Investments [Line Items]    
Beginning Balance $ 1,554,941,110  
Ending Balance 1,794,758,336 $ 1,554,941,110
Non-Controlled, Affiliated Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [1],[2] 65,422,375  
Ending Balance [1] 49,444,695 65,422,375 [2]
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,891,418  
Investment, Identifier [Axis]: Cash and Cash Equivalents    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 112,241,946  
Ending Balance 91,589,702 112,241,946 [5]
Investment, Identifier [Axis]: Controlled Affiliates    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   10,712,927
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   (5,741,106)
Acquisitions [7],[8]   5,935,496
Dispositions [7],[9]   33,899,517
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,359,774 [10],[11] (680,883) [6],[7]
Beginning Balance [7] 50,541,000 [11] 56,272,000
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation (549,500) [11] (6,043,500) [7]
Acquisitions 1,062,500 [11],[12] 312,500 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 51,054,000 50,541,000 [7]
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25    
Schedule Of Investments [Line Items]    
Dividends or Interest 6,643,097 [10],[11] 5,937,130 [6],[7]
Beginning Balance [7] 52,318,937 [11] 50,131,437
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation 0 [11] 0 [7]
Acquisitions 7,437,501 [11],[12] 2,187,500 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 59,756,438 52,318,937 [7]
Investment, Identifier [Axis]: Controlled Affiliates, AA Acquisition Aggregator, LLC, Ordinary Shares    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [10],[11] 0 [6],[7]
Beginning Balance [7] 9,985,207 [11] 0
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation (541,338) [11] 969,054 [7]
Acquisitions 69,766 [11],[12] 9,016,153 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 9,513,635 9,985,207 [7]
Investment, Identifier [Axis]: Controlled Affiliates, Anacomp, Inc., Class A Common Stock    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [10],[11] 0 [6],[7]
Beginning Balance [7] 843,074 [11] 552,432
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation 312,221 [11] 290,642 [7]
Acquisitions 0 [11],[12] 0 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 1,155,295 843,074 [7]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Class A Common Interest    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   0
Beginning Balance [7] 0 0
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   0
Acquisitions [7],[8]   (4,713,886)
Dispositions [7],[9]   4,713,886
Ending Balance [7]   0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Preferred Equity    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   0
Beginning Balance [7] 0 0
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   0
Acquisitions [7],[8]   (4,302,264)
Dispositions [7],[9]   4,302,264
Ending Balance [7]   0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Dividends or Interest 2,015,428 [10],[11] 1,522,939 [6],[7]
Beginning Balance [7] 18,812,631 [11] 0
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation 0 [11] 0 [7]
Acquisitions 0 [11],[12] 2,533,793 [7],[8]
Dispositions 0 [11],[13] 16,278,838 [7],[9]
Ending Balance [11] 18,812,631 18,812,631 [7]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,499,820 [10],[11] 997,865 [6],[7]
Beginning Balance [7] 9,256,229 [11] 0
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation 0 [11] 0 [7]
Acquisitions 1,462,668 [11],[12] 651,700 [7],[8]
Dispositions 0 [11],[13] 8,604,529 [7],[9]
Ending Balance [11] 10,718,897 9,256,229 [7]
Investment, Identifier [Axis]: Controlled Affiliates, Conventional Lending TCP Holdings, LLC, Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,456,847 [10],[11] 1,674,050 [6],[7]
Beginning Balance [7] 16,376,544 [11] 16,146,544
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation (1,833,461) [11] (20,000) [7]
Acquisitions 0 [11],[12] 250,000 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 14,543,083 16,376,544 [7]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl INC., Common Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [10],[11] 0 [6],[7]
Beginning Balance [7] 135,403 [11] 577,277
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation (135,403) [11] (441,874) [7]
Acquisitions 0 [11],[12] 0 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 0 135,403 [7]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest [10],[11] 1,753,658  
Beginning Balance [11] 12,089,579  
Net realized gain or loss [11] 0  
Net increase or decrease in unrealized appreciation or depreciation [11] (4,567,088)  
Acquisitions [11],[12] 320,985  
Dispositions [11],[13] 0  
Ending Balance [11] 7,843,476 12,089,579
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   1,261,826
Beginning Balance [7] 12,089,579 12,089,579
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   0
Acquisitions [7],[8]   0
Dispositions [7],[9]   0
Ending Balance [7]   12,089,579
Investment, Identifier [Axis]: Controlled Affiliates, Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Net increase or decrease in unrealized appreciation or depreciation [11] (8,098,235)  
Acquisitions [11],[12] 13,114,252  
Ending Balance [11] 5,016,017  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Dividends or Interest [10],[11] 0  
Beginning Balance [11] 101,315  
Net realized gain or loss [11] 0  
Net increase or decrease in unrealized appreciation or depreciation [11] (40,426)  
Acquisitions [11],[12] 0  
Dispositions [11],[13] 0  
Ending Balance [11] 60,889 101,315
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   0
Beginning Balance [7] 101,315 101,315
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   0
Acquisitions [7],[8]   0
Dispositions [7],[9]   0
Ending Balance [7]   101,315
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Ordinary Shares    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [10],[11] 0 [6],[7]
Beginning Balance [7] 0 [11] 0
Net realized gain or loss 0 [11] 0 [7]
Net increase or decrease in unrealized appreciation or depreciation 0 [11] 0 [7]
Acquisitions 0 [11],[12] 0 [7],[8]
Dispositions 0 [11],[13] 0 [7],[9]
Ending Balance [11] 0 0 [7]
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Dividends or Interest [10],[11] 0  
Beginning Balance [11] 1,367,273  
Net realized gain or loss [11] 0  
Net increase or decrease in unrealized appreciation or depreciation [11] (131,746)  
Acquisitions [11],[12] 0  
Dispositions [11],[13] 0  
Ending Balance [11] 1,235,527 1,367,273
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Dividends or Interest [6],[7]   0
Beginning Balance [7] 1,367,273 1,862,701
Net realized gain or loss [7]   0
Net increase or decrease in unrealized appreciation or depreciation [7]   (495,428)
Acquisitions [7],[8]   0
Dispositions [7],[9]   0
Ending Balance [7]   1,367,273
Investment, Identifier [Axis]: Controlled Affiliates,Total    
Schedule Of Investments [Line Items]    
Dividends or Interest [10],[11] 14,728,624  
Beginning Balance [11] 171,827,192  
Net realized gain or loss [11] 0  
Net increase or decrease in unrealized appreciation or depreciation [11] (15,584,976)  
Acquisitions [11],[12] 23,467,672  
Dispositions [11],[13] 0  
Ending Balance [11]   171,827,192
Investment, Identifier [Axis]: ControlledAffiliatesMember    
Schedule Of Investments [Line Items]    
Beginning Balance [7]   137,733,285
Investment, Identifier [Axis]: Debt Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,389,190,356  
Ending Balance 1,642,572,999 [3] 1,389,190,356 [5]
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense    
Schedule Of Investments [Line Items]    
Ending Balance [3] 12,862,500  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (131,250)  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,993,750  
Investment, Identifier [Axis]: Debt Investments Automobiles    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 34,533,867  
Ending Balance 38,111,113 [3] 34,533,867 [5]
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 5,817,281  
Ending Balance [5],[15],[16]   5,817,281
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 7,688,560  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 647,726  
Ending Balance [5],[15],[16]   647,726
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 891,025  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18] 18,812,631  
Ending Balance [5],[15],[18]   18,812,631
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 18,812,631  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18] 9,256,229  
Ending Balance [5],[15],[18]   9,256,229
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 10,718,897  
Investment, Identifier [Axis]: Debt Investments Building Products    
Schedule Of Investments [Line Items]    
Ending Balance [3] 12,031,895  
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,976,416  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,422,107  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 6,554,755  
Ending Balance [5],[15]   6,554,755
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,633,372  
Investment, Identifier [Axis]: Debt Investments Capital Markets    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 46,356,790  
Ending Balance 44,645,885 [3] 46,356,790 [5]
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,247,349  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 24,391,455  
Ending Balance [5],[15],[20]   24,391,455
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 17,129,820  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 21,965,335  
Ending Balance [5],[15],[20]   21,965,335
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,268,716  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 8,041,435  
Ending Balance 16,724,411 [3] 8,041,435 [5]
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 490,000  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,333,891  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 588,214  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,159,247  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 678,788  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,671,292  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 419,925  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 244,383  
Ending Balance [5],[15]   244,383
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 352,349  
Ending Balance [5],[15]   352,349
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) Sr Secured Revolver Ref ABR Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 18,684  
Ending Balance [5],[15]   18,684
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,383,054  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 7,426,019  
Ending Balance [5],[15]   7,426,019
Investment, Identifier [Axis]: Debt Investments Communications Equipment    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 0  
Ending Balance 0 [3] 0 [5]
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[24] 0  
Ending Balance [5],[15],[23],[24]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[24] 0  
Ending Balance [5],[15],[23],[24]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[24] 0  
Ending Balance [5],[15],[23],[24]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[24] 0  
Ending Balance [5],[15],[23],[24]   0
Investment, Identifier [Axis]: Debt Investments Construction and Engineering    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 30,723,481  
Ending Balance 44,531,150 [3] 30,723,481 [5]
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (73,029)  
Ending Balance [5],[15],[25]   (73,029)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 8,604,754  
Ending Balance [5],[15]   8,604,754
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (36,515)  
Ending Balance [5],[15],[25]   (36,515)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,643,302  
Ending Balance [5],[15]   2,643,302
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,352,577  
Ending Balance [5],[15]   2,352,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 654,577  
Ending Balance [5],[15]   654,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 2,323,466  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 3,193,859  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 822,292  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,802,075  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,008,793  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 367,667  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 750,429  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[26] 11,376,522  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27] 4,979,720  
Ending Balance [5],[15],[27]   4,979,720
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27] 5,232,821  
Ending Balance [5],[15],[27]   5,232,821
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,793,231  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 784,845  
Ending Balance [5],[15]   784,845
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,823,509  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 5,050,043  
Ending Balance [5],[15]   5,050,043
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (12,565)  
Ending Balance [5],[15],[25]   (12,565)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,621,826  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (17,333)  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 349  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,857,670  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,268,367  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 210,358  
Ending Balance [5],[15]   210,358
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,524,580  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 324,577  
Ending Balance [5],[15]   324,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,848  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 8,016  
Ending Balance [5],[15]   8,016
Investment, Identifier [Axis]: Debt Investments Consumer Finance    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 18,481,342  
Ending Balance 28,772,279 [3] 18,481,342 [5]
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,412,500  
Ending Balance [5],[15]   2,412,500
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,022,200  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 7,237,500  
Ending Balance [5],[15]   7,237,500
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,066,601  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,193,741  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,121,323  
Ending Balance [5],[15]   2,121,323
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 322,806  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (4,947)  
Ending Balance [5],[15],[25]   (4,947)
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,166,931  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 6,714,966  
Ending Balance [5],[15]   6,714,966
Investment, Identifier [Axis]: Debt Investments Containers & Packaging    
Schedule Of Investments [Line Items]    
Ending Balance [3] 20,191,800  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 11,667,224  
Ending Balance [5],[15]   11,667,224
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,116,800  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,075,000  
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 6,389,637  
Ending Balance [5],[15],[20]   6,389,637
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 114,758,161  
Ending Balance 85,522,076 [3] 114,758,161 [5]
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,528,788  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 453,477  
Ending Balance [5],[15]   453,477
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (4,085)  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (385)  
Ending Balance [5],[15],[25]   (385)
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 41,632,537  
Ending Balance [5],[15],[23]   41,632,537
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Sr Secured Convertible Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 4,659,545  
Ending Balance [5],[15],[23]   4,659,545
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 23,230,290  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 0  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 2,018,756  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 16,206,511  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 18,235,905  
Ending Balance [5],[15],[23]   18,235,905
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[22] 18,594,234  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 20,583,842  
Ending Balance [5],[15],[23]   20,583,842
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien B Delayed Draw Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[25] (55,380)  
Ending Balance [5],[15],[23],[25]   (55,380)
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 807,613  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 1,346,022  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[24] 16,076,839  
Ending Balance [5],[24]   16,076,839
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,701,730  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 14,092,217  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 997,500  
Ending Balance [5],[15]   997,500
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[24] 13,171,781  
Ending Balance [5],[15],[24]   13,171,781
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 123,441,009  
Ending Balance 134,540,299 [3] 123,441,009 [5]
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 7,952,405  
Ending Balance [5],[15]   7,952,405
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (11,651)  
Ending Balance [5],[15],[25]   (11,651)
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28] 52,318,937  
Ending Balance [5],[15],[18],[28]   52,318,937
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[29] 59,756,438  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (4,921)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 102,239  
Ending Balance [5],[15]   102,239
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 155,919  
Ending Balance [5],[15]   155,919
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,876,190  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,276,376  
Ending Balance [5],[15]   1,276,376
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (3,281)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 18,185  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,058,085  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,096,774  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,115,675  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 189,690  
Ending Balance [5],[15]   189,690
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,616,430  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 682,883  
Ending Balance [5],[15]   682,883
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[22] 5,016,017  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,543,010  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 17,280,873  
Ending Balance [5],[15]   17,280,873
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 4,950,000  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (1,724)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 802,742  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,700,679  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 393,271  
Ending Balance [5],[15]   393,271
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 11.63% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (335)  
Ending Balance [5],[15],[25]   (335)
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20],[23] 42,102,902  
Ending Balance [5],[15],[20],[23]   42,102,902
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,831,626  
Ending Balance [5]   13,831,626
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 1,044,055  
Investment, Identifier [Axis]: Debt Investments Electric Utilities    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,468,588  
Ending Balance 1,296,416 [3] 1,468,588 [5]
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[21],[30] 0  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[23],[31] 101,315  
Ending Balance [5],[15],[18],[23],[31]   101,315
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[21],[30] 60,889  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[23],[31] 1,367,273  
Ending Balance [5],[15],[18],[23],[31]   1,367,273
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[21],[30] 1,235,527  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment    
Schedule Of Investments [Line Items]    
Ending Balance [3] 10,991,724  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (53,793)  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,072,414  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (26,897)  
Investment, Identifier [Axis]: Debt Investments Health Care Technology    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 73,370,356  
Ending Balance 71,927,822 [3] 73,370,356 [5]
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 7,932,642  
Ending Balance [5],[15]   7,932,642
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,795,373  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (10,346)  
Ending Balance [5],[15],[25]   (10,346)
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 20,839,559  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 13,492,416  
Ending Balance [5],[15]   13,492,416
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (16,071)  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (12,146)  
Ending Balance [5],[15],[25]   (12,146)
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 23,159,415  
Ending Balance [5],[15]   23,159,415
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 31,860,837  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,002,909  
Ending Balance [5],[15]   1,002,909
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,632,914  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,815,210  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 5,584,624  
Ending Balance [5],[15]   5,584,624
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 860,842  
Ending Balance [5],[15]   860,842
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 20,169,000  
Ending Balance [5],[15]   20,169,000
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,191,000  
Ending Balance [5],[15]   1,191,000
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 40,555,869  
Ending Balance 56,857,079 [3] 40,555,869 [5]
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22],[32] 3,599,837  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 3,830,823  
Ending Balance [5],[15],[20]   3,830,823
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,149,891  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 584,359  
Ending Balance [5],[15]   584,359
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,547,409  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 9,956,190  
Ending Balance [5],[15]   9,956,190
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,493,656  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 34,066,286  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 26,184,497  
Ending Balance [5],[15],[16]   26,184,497
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 55,385,793  
Ending Balance 8,734,760 [3] 55,385,793 [5]
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18] 12,089,579  
Ending Balance [5],[15],[18]   12,089,579
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 25,374,376  
Ending Balance [5],[15]   25,374,376
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (47,562)  
Ending Balance [5],[15],[25]   (47,562)
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 225,296  
Ending Balance [5],[15],[23]   225,296
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 5,312,260  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 3,316,482  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 18,252  
Ending Balance [5],[15],[23]   18,252
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 106,018  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (18,704)  
Ending Balance [5],[15],[25]   (18,704)
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 17,767,936  
Ending Balance [5],[15]   17,767,936
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (23,380)  
Ending Balance [5],[15],[25]   (23,380)
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,114,236  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 640,000  
Ending Balance [5]   640,000
Investment, Identifier [Axis]: Debt Investments IT Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 45,761,281  
Ending Balance 48,469,607 [3] 45,761,281 [5]
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,720,250  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 456,750  
Ending Balance [5],[15]   456,750
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,590,219  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 777,057  
Ending Balance [5],[15]   777,057
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (818)  
Ending Balance [5],[15],[25]   (818)
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 14,610,000  
Ending Balance [5],[15],[16]   14,610,000
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 1,872,703  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (8,750)  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,767,639  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (5,833)  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 18,907,492  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 14,382,509  
Ending Balance [5],[15]   14,382,509
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (29,959)  
Ending Balance [5],[15],[25]   (29,959)
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (29,341)  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 894,600  
Ending Balance [5],[15]   894,600
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,014,600  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.83% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (540)  
Ending Balance [5],[15],[25]   (540)
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 14,642,338  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 14,671,682  
Ending Balance [5],[15]   14,671,682
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (1,710)  
Investment, Identifier [Axis]: Debt Investments Insurance    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 20,277,509  
Ending Balance 38,955,543 [3] 20,277,509 [5]
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 370,601  
Ending Balance [5],[15]   370,601
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,782,000  
Ending Balance [5],[15]   1,782,000
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,281,424  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (2,273)  
Ending Balance [5],[15],[25]   (2,273)
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 4,540,774  
Ending Balance [5],[15]   4,540,774
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 488,958  
Ending Balance [5],[15]   488,958
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,629,659  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,114,413  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 875,000  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,214,390  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 10,152,275  
Ending Balance [5],[15]   10,152,275
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] 0  
Ending Balance [5],[15],[25]   0
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,945,174  
Ending Balance [5],[15]   2,945,174
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,840,657  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 215,228,103  
Ending Balance 241,827,922 [3] 215,228,103 [5]
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 25,299,736  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 25,299,736  
Ending Balance [5],[15]   25,299,736
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,059,141  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 930,531  
Ending Balance [5],[15]   930,531
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 5,609,300  
Ending Balance [5],[15]   5,609,300
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 390,318  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 12,429,023  
Ending Balance [5],[15],[16]   12,429,023
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14],[21] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 15,551,592  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 10,687,950  
Ending Balance [5],[15],[23]   10,687,950
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[25] (15,170)  
Ending Balance [5],[15],[23],[25]   (15,170)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 4,290,094  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 2,948,400  
Ending Balance [5],[15],[23]   2,948,400
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14],[21] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[25] (4,180)  
Ending Balance [5],[15],[23],[25]   (4,180)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 59,930,639  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 57,452,947  
Ending Balance [5],[15],[20]   57,452,947
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,445,537  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 3,269,001  
Ending Balance [5],[15]   3,269,001
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[32] 7,843,476  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,850,750  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,640,384  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 530,257  
Ending Balance [5],[15]   530,257
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 13,044,057  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 7,520,422  
Ending Balance [5],[15]   7,520,422
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[16] 3,252,122  
Ending Balance [5],[16]   3,252,122
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 891,275  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,144,542  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,297,258  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[16] 8,000,000  
Ending Balance [5],[16]   8,000,000
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 5,388,220  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,046,612  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 9,947,217  
Ending Balance [5],[15]   9,947,217
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,228,096  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] 0  
Ending Balance [5],[15],[25]   0
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 11,209,829  
Ending Balance [5],[15],[20]   11,209,829
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 15,401,028  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,874,302  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,753,313  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,031,905  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 31,768,301  
Ending Balance [5],[15]   31,768,301
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,817,680  
Ending Balance [5],[15]   1,817,680
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 9,903,019  
Ending Balance [5],[15]   9,903,019
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[32],[33] 7,472,513  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20],[23],[34] 8,017,274  
Ending Balance [5],[15],[20],[23],[34]   8,017,274
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 462,092  
Ending Balance [5],[15]   462,092
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,991,914  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (83)  
Ending Balance [5],[15],[25]   (83)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 4,885,018  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[35] 536,431  
Ending Balance [5],[15],[23],[35]   536,431
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 9,610,149  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14],[21] (2,039)  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,208,352  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,380,678  
Ending Balance [5],[15]   2,380,678
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 649,740  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 383,359  
Ending Balance [5],[15]   383,359
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,610,000  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 894,025  
Ending Balance [5],[15]   894,025
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (2,058)  
Ending Balance [5],[15],[25]   (2,058)
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 11,998,106  
Ending Balance 16,584,131 [3] 11,998,106 [5]
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 888,295  
Ending Balance [5],[15]   888,295
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 11,109,811  
Ending Balance [5],[15],[16]   11,109,811
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 16,584,131  
Investment, Identifier [Axis]: Debt Investments Leisure Products    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 2,190,448  
Ending Balance 2,334,035 [3] 2,190,448 [5]
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 76,673  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.92% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 68,713  
Ending Balance [5],[15]   68,713
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,104,485  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,885,579  
Ending Balance [5],[15]   1,885,579
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 152,877  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 136,942  
Ending Balance [5],[15]   136,942
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[16],[36] 99,214  
Ending Balance [5],[16],[36]   99,214
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 6,630,353  
Ending Balance 16,978,521 [3] 6,630,353 [5]
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 636,026  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] 10,925  
Ending Balance [5],[15],[25]   10,925
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 6,619,428  
Ending Balance [5],[15]   6,619,428
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,642,420  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 87,575  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,115,625  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,496,875  
Investment, Identifier [Axis]: Debt Investments Machinery    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,865,137  
Ending Balance 19,027,029 [3] 13,865,137 [5]
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 195,230  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 18,794,399  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 13,865,137  
Ending Balance [5],[15]   13,865,137
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 37,400  
Investment, Identifier [Axis]: Debt Investments Media    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 44,908,121  
Ending Balance 48,932,372 [3] 44,908,121 [5]
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 23,666,304  
Ending Balance [5],[15]   23,666,304
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 8,031,364  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 612,743  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 14,350,930  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[16] 11,672,500  
Ending Balance [5],[16]   11,672,500
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 28,490  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 355,131  
Ending Balance [5],[15]   355,131
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 43,644  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 43,644  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 446,716  
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,900,000  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,474,841  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 9,214,186  
Ending Balance [5],[15]   9,214,186
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 2,299,151  
Ending Balance 4,122,647 [3] 2,299,151 [5]
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[26] 842,642  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27] 1,324,151  
Ending Balance [5],[15],[27]   1,324,151
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,280,005  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 975,000  
Ending Balance [5],[15]   975,000
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 29,607,194  
Ending Balance 41,064,614 [3] 29,607,194 [5]
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 27,026,848  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 19,467,247  
Ending Balance [5],[15]   19,467,247
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 254,588  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 101,300  
Ending Balance [5],[15]   101,300
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 10,038,647  
Ending Balance [5],[15]   10,038,647
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,783,178  
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 20,508,871  
Ending Balance [5],[15]   20,508,871
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[32] 21,533,210  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21],[32] 32,719,855  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,735,685  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 956,541  
Investment, Identifier [Axis]: Debt Investments Professional Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 86,017,409  
Ending Balance 105,632,356 [3] 86,017,409 [5]
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,828,725  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 15,127,466  
Ending Balance [5],[15]   15,127,466
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (24,847)  
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[24] 1,710,739  
Ending Balance [5],[15],[24]   1,710,739
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[22] 57,025  
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 6,562,500  
Ending Balance [5],[15],[16]   6,562,500
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 10,000,000  
Ending Balance [5],[15],[16]   10,000,000
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (1,290)  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,466,851  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (774)  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (5,760)  
Ending Balance [5],[15],[25]   (5,760)
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,393,167  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 8,728,775  
Ending Balance [5],[15]   8,728,775
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,928,750  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 250,008  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 12.10% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 63,690  
Ending Balance [5],[15]   63,690
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 18,107,231  
Ending Balance [5],[15],[23]   18,107,231
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 25,722,768  
Ending Balance [5],[15],[23]   25,722,768
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (72,834)  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (29,134)  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 12,750,364  
Ending Balance 20,836,164 [3] 12,750,364 [5]
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,547,590  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (6,501)  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[37] 6,526,800  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[35] 4,634,000  
Ending Balance [5],[15],[35]   4,634,000
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 8,116,364  
Ending Balance 12,768,275 [3],[4] 8,116,364 [5],[15]
Investment, Identifier [Axis]: Debt Investments Road and Rail    
Schedule Of Investments [Line Items]    
Ending Balance [3] 54,725,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 1,990,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 52,735,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 39,840,000  
Ending Balance [5],[15]   39,840,000
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 6,039,299  
Ending Balance 6,780,308 [3] 6,039,299 [5]
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 5,613,753  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 4,872,975  
Ending Balance [5],[15],[16]   4,872,975
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 1,166,555  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[16] 1,166,324  
Ending Balance [5],[15],[16]   1,166,324
Investment, Identifier [Axis]: Debt Investments Software    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 141,028,833  
Ending Balance 248,294,478 [3] 141,028,833 [5]
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[20] 9,878,595  
Ending Balance [5],[15],[20]   9,878,595
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,951,263  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 25,165,879  
Ending Balance [5],[15]   25,165,879
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 17,870,448  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 12,653,162  
Ending Balance [5],[15]   12,653,162
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 449,774  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 728,107  
Ending Balance [5],[15]   728,107
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 11,412,201  
Ending Balance [5],[15]   11,412,201
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,285,940  
Ending Balance [5],[15]   1,285,940
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 894,782  
Ending Balance [5],[15]   894,782
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,318,360  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (1,526)  
Ending Balance [5],[15],[25]   (1,526)
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 854,668  
Ending Balance [5],[15]   854,668
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,982,127  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,779,628  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 416,567  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 2,842,277  
Ending Balance [5],[15]   2,842,277
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 350,500  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 76,278  
Ending Balance [5],[15]   76,278
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 25,935,000  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,773,441  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 294,118  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,246,577  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 910,909  
Ending Balance [5],[15]   910,909
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (51,086)  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (46,441)  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 268,187  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,045,688  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (18,577)  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 3,748,633  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 2,738,734  
Ending Balance [5],[15],[23]   2,738,734
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 7,384,050  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 5,394,754  
Ending Balance [5],[15],[23]   5,394,754
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,585,104  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 890,941  
Ending Balance [5],[15]   890,941
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (9,643)  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (2,250)  
Ending Balance [5],[15],[25]   (2,250)
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 270,464  
Ending Balance [5],[15]   270,464
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 208,996  
Ending Balance [5],[15]   208,996
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,822,217  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 404,859  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,355,975  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (10,331)  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolver Ref PRIME(Q) Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 4,583  
Ending Balance [5],[15]   4,583
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 17,568,306  
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14],[21] (30,588)  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 4,075,764  
Ending Balance [5],[15]   4,075,764
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] 312,567  
Ending Balance [5],[15],[25]   312,567
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 289,135  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,783,983  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 445,230  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,890,543  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 985,100  
Ending Balance [5],[15]   985,100
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 5,652  
Ending Balance [5],[15]   5,652
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 108,233  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 34,368  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,641,684  
Ending Balance [5],[15]   1,641,684
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 9,228,521  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 24,767  
Ending Balance [5],[15]   24,767
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 140,251  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,034,578  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 6,392,284  
Ending Balance [5],[15]   6,392,284
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 400,985  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (625)  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,220,542  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 5,315,138  
Ending Balance [5],[15]   5,315,138
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (2,318)  
Ending Balance [5],[15],[25]   (2,318)
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 4,628,001  
Ending Balance [5],[15]   4,628,001
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 24,897,224  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 16,636,667  
Ending Balance [5],[15],[23]   16,636,667
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 0.065 Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[25] (6,727)  
Ending Balance [5],[15],[23],[25]   (6,727)
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 723,680  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 10,687,685  
Ending Balance [5],[15],[23]   10,687,685
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 16,224,718  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 1,143,500  
Ending Balance [5],[15],[23]   1,143,500
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14],[21] (5,724)  
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 9,993,186  
Ending Balance [5],[15]   9,993,186
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (10,048)  
Ending Balance [5],[15],[25]   (10,048)
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (93,157)  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,232,994  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,672,010  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 768,358  
Ending Balance [5],[15]   768,358
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 55,473  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 15,635  
Ending Balance [5],[15]   15,635
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] 478  
Ending Balance [5],[15],[25]   478
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,931  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 393,922  
Ending Balance [5],[15]   393,922
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,760,626  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] 0  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[32] 3,865,840  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 1,827,303  
Ending Balance [5],[15]   1,827,303
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[14] (13,037)  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[25] (7,259)  
Ending Balance [5],[15],[25]   (7,259)
Investment, Identifier [Axis]: Debt Investments Specialty Retail    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 24,497,619  
Ending Balance 35,223,830 [3] 24,497,619 [5]
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 24,782,510  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[16] 20,170,600  
Ending Balance [5],[16]   20,170,600
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,441,320  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 4,327,019  
Ending Balance [5],[15]   4,327,019
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 35,150,390  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23] 31,612,114  
Ending Balance [5],[15],[23]   31,612,114
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 38,251,306  
Ending Balance 49,317,544 [3] 38,251,306 [5]
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 15,555,556  
Ending Balance [5],[15]   15,555,556
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 25,417,903  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 410,030  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15] 22,695,750  
Ending Balance [5],[15]   22,695,750
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 23,388,625  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 100,986  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[21] 14,417,008  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[25] 9,679,205  
Ending Balance [5],[25]   9,679,205
Investment, Identifier [Axis]: Equity Securities    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 165,750,754  
Ending Balance 152,185,337 165,750,754 [5]
Investment, Identifier [Axis]: Equity Securities Automobiles AA Acquisition Aggregator, LLC (AutoAlert) Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[29],[30] 9,513,635  
Investment, Identifier [Axis]: Equity Securities Automobiles AutoAlert LLC Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28],[31] 9,985,207  
Ending Balance [5],[15],[18],[28],[31]   9,985,207
Investment, Identifier [Axis]: Equity Securities Capital Markets Pico Quantitative Trading Holdings, LLC Warrants to Purchase Membership Units Expiration 2/7/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 1,438,087  
Ending Balance 1,182,309 [4],[29],[30] 1,438,087 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Chemicals    
Schedule Of Investments [Line Items]    
Ending Balance 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class A Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class B Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class C Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies    
Schedule Of Investments [Line Items]    
Ending Balance 61,128  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 0  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 61,128  
Investment, Identifier [Axis]: Equity Securities Communications Equipment Plate Newco 1Limited (Avanti) (United Kingdom) Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30],[33] 0  
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Global LLC Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[26],[29],[30] 298,333  
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Novellus LLC Class A Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27],[28],[31] 2,827,373  
Ending Balance [5],[15],[27],[28],[31]   2,827,373
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 52,264,743  
Ending Balance 35,876,822 52,264,743 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 308,983  
Ending Balance [5],[15],[28],[31]   308,983
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 1,230,810  
Ending Balance [5],[15],[28],[31]   1,230,810
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services MXP Prime Platform GmbH (SellerX) (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 293,563  
Ending Balance 0 [4],[21],[29],[30] 293,563 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Preferred Series A1 Shares Expiration 4/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 485,055  
Ending Balance 0 [4],[21],[29],[30] 485,055 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 12/23/2029    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 4/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 687,200  
Ending Balance [5],[15],[23],[28],[31]   687,200
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Class A Preferred Units Ref Fixed Total Coupon 3.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Common Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27],[28] 24,629,566  
Ending Balance [5],[15],[27],[28]   24,629,566
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units Ref Fixed Total Coupon 12.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[26],[29] 14,458,626  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-2 Common Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27],[28],[31] 24,629,566  
Ending Balance 14,458,626 [4],[26],[29],[30] 24,629,566 [5],[15],[27],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series C-2 Common Units Ref Fixed Total Coupon 15.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[26],[29] 6,959,570  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Thras.io, LLC Common Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 71,087,805  
Ending Balance 66,090,348 71,087,805 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services 36th Street Capital Partners Holdings, LLC Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28] 50,541,000  
Ending Balance 51,054,000 [4],[19],[29] 50,541,000 [5],[15],[18],[28]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Conventional Lending TCP Holdings, LLC Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28],[35] 16,376,544  
Ending Balance 14,543,083 [4],[19],[29] 16,376,544 [5],[15],[18],[28],[35]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP I, LP (Great American Capital) Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[35] 107,310  
Ending Balance [5],[15],[28],[35]   107,310
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP II, LP (Great American Capital) Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[35] 3,914,270  
Ending Balance [5],[15],[28],[35]   3,914,270
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[30] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Series X Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30] 395,762  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series D Stock Expiration 2/11/2031    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 148,681  
Ending Balance 97,445 [4],[21],[29],[30] 148,681 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series E Stock Expiration 8/17/2031    
Schedule Of Investments [Line Items]    
Ending Balance [4],[21],[29],[30] 58  
Investment, Identifier [Axis]: Equity Securities Electric Utilities    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 36,000  
Ending Balance 56,779 36,000 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Class B Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Ordinary Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Ordinary Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Series B Preferred Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[21],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 211  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-1 Preferred Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 2,000  
Ending Balance 6,425 [4],[29],[30] 2,000 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-2 Preferred Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 34,000  
Ending Balance 50,143 [4],[29],[30] 34,000 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Energy Equipment and Services GlassPoint, Inc. Warrants to Purchase Common Stock Expiration 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 2,055,657  
Ending Balance 1,610,592 [4],[29],[30] 2,055,657 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Healthcare Providers and Services INH Buyer, Inc. (IMA Health) Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Hotels, Restaurants and Leisure Fishbowl, Inc. Common Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28] 135,403  
Ending Balance [5],[15],[18],[28]   135,403
Investment, Identifier [Axis]: Equity Securities Household Durables Stitch Holdings, L.P. Limited Partnership/Limited Liability Company Interests    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities IT Services Fidelis (SVC), LLC Preferred Unit-C    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Internet Software and Service Fishbowl, Inc. Common Membership Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,487,892  
Ending Balance 20,768,046 13,487,892 [5]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28] 512,360  
Ending Balance 352,527 [30] 512,360 [5],[15],[28]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Class B Common Stock Expiration 2/17/2028    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 3,772,399  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Common Stock Expiration 2/17/2028    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 995,959  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Foursquare Labs, Inc. Warrants to Purchase Series E Preferred Stock Expiration 5/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 713,161  
Ending Balance 139,519 [4],[29],[30] 713,161 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Common Stock Expiration 8/15/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 3,112,163  
Ending Balance 2,246,381 [4],[21],[29],[30] 3,112,163 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 10/3/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 1,288,026  
Ending Balance 2,318,220 [4],[21],[29],[30] 1,288,026 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 9/18/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 2,491,582  
Ending Balance 1,815,871 [4],[21],[29],[30] 2,491,582 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Pluralsight, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 3,887,269  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services ResearchGate Corporation (Germany) Warrants to Purchase Series D Preferred Stock Expiration 10/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31],[34] 70,600  
Ending Balance 42,131 [4],[21],[29],[30],[33] 70,600 [5],[15],[23],[28],[31],[34]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SnapLogic, Inc. Warrants to Purchase Series Preferred Stock Expiration 3/19/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 5,300,000  
Ending Balance 5,197,770 [4],[29],[30] 5,300,000 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SuCo Investors, LP (Suited Connector) Warrants to Purchase Class A Units Expiration 03/06/2033    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Media    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 720,403  
Ending Balance 683,077 720,403 [5]
Investment, Identifier [Axis]: Equity Securities Media MBS Parent, LLC Limited Partnership/Limited Liability Company Interests    
Schedule Of Investments [Line Items]    
Ending Balance [4],[30] 41,695  
Investment, Identifier [Axis]: Equity Securities Media Quora, Inc. Warrants to Purchase Series D Preferred Stock Expiration 4/11/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28] 108,334  
Ending Balance 68,789 [4],[29],[30] 108,334 [5],[15],[28]
Investment, Identifier [Axis]: Equity Securities Media SoundCloud, Ltd. (United Kingdom) Warrants to Purchase Preferred Stock Expiration 4/29/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[23],[28],[31] 612,069  
Ending Balance 572,593 [4],[21],[29],[30] 612,069 [5],[15],[23],[28],[31]
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investment Holdings, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[26],[29],[30] 1,050,376  
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investments Holdings, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[27],[28],[31] 1,799,178  
Ending Balance [5],[15],[27],[28],[31]   1,799,178
Investment, Identifier [Axis]: Equity Securities Paper and Forest Products 48forty Intermediate Holdings, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Pharmaceuticals Inotiv, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[28],[31] 53,501  
Ending Balance 60,353 [29],[30] 53,501 [5],[28],[31]
Investment, Identifier [Axis]: Equity Securities Professional Services Anacomp, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[28],[31] 843,074  
Ending Balance 1,155,295 [4],[19],[29],[30] 843,074 [5],[15],[18],[28],[31]
Investment, Identifier [Axis]: Equity Securities Software    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,541  
Ending Balance 2,108 1,541 [5]
Investment, Identifier [Axis]: Equity Securities Software Grey Orange International Inc. Warrants to Purchase Common Stock Expiration 5/6/2032    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28],[31] 1,541  
Ending Balance 2,108 [4],[29],[30] 1,541 [5],[15],[28],[31]
Investment, Identifier [Axis]: Equity Securities Software Tradeshift, Inc. Warrants to Purchase Series D Preferred Stock Expiration 3/26/2027    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29],[30] 0  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[28] 9,014,890  
Ending Balance [5],[15],[28]   9,014,890
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Ref Fixed Total Coupon 12.50%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[29] 13,776,136  
Investment, Identifier [Axis]: Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,554,941,110  
Ending Balance 1,794,758,336 1,554,941,110 [5]
Investment, Identifier [Axis]: Non-Controlled Affiliates    
Schedule Of Investments [Line Items]    
Dividends or Interest 5,290,968 [1],[38] 4,154,686 [2],[39]
Beginning Balance [2]   69,089,697
Net realized gain or loss (12,810,138) [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation (12,395,543) [1] (28,656,798) [2]
Acquisitions 9,524,714 [1],[40] 25,121,341 [2],[41]
Dispositions (296,713) [1],[42] (131,865) [2],[43]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Global LLC, Parent Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[38] 0  
Beginning Balance [1] 0  
Net realized gain or loss [1] 0  
Net increase or decrease in unrealized appreciation or depreciation [1] (440,114)  
Acquisitions [1],[40] 738,447  
Dispositions [1],[42] 0  
Ending Balance [1] 298,333 0
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest 228,253 [1],[38] 581,023 [2],[39]
Beginning Balance [2] 5,232,821 [1] 0
Net realized gain or loss (184,796) [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation (146,321) [1] 104,575 [2]
Acquisitions (5,086,500) [1],[40] 5,260,111 [2],[41]
Dispositions (184,796) [1],[42] (131,865) [2],[43]
Ending Balance [1] 0 5,232,821 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[38] 990,675  
Beginning Balance [1] 0  
Net realized gain or loss [1] 0  
Net increase or decrease in unrealized appreciation or depreciation [1] (199,170)  
Acquisitions [1],[40] 11,575,692  
Dispositions [1],[42] 0  
Ending Balance [1] 11,376,522 0
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26    
Schedule Of Investments [Line Items]    
Dividends or Interest 176,882 [1],[38] 683,947 [2],[39]
Beginning Balance [2] 4,979,720 [1] 0
Net realized gain or loss 0 [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation 3,987 [1] 1,495 [2]
Acquisitions (4,983,707) [1],[40] 4,978,225 [2],[41]
Dispositions 0 [1],[42] 0 [2],[43]
Ending Balance [1] 0 4,979,720 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Novellus LLC, Class A Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [1],[38] 0 [2],[39]
Beginning Balance [1],[2] 2,827,373  
Net realized gain or loss (12,625,342) [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation 10,990,444 [1] (9,402,715) [2]
Acquisitions (1,192,475) [1],[40] 12,230,088 [2],[41]
Dispositions 0 [1],[42] 0 [2],[43]
Ending Balance [1] 0 2,827,373 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[39]   191,149
Beginning Balance [2] 1,324,151 1,324,140
Net realized gain or loss [2]   0
Net increase or decrease in unrealized appreciation or depreciation [2]   0
Acquisitions [2],[41]   11
Dispositions [2],[43]   0
Ending Balance [2]   1,324,151
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[38] 169,332  
Beginning Balance [1] 1,324,151  
Net realized gain or loss [1] 0  
Net increase or decrease in unrealized appreciation or depreciation [1] 0  
Acquisitions [1],[40] 0  
Dispositions [1],[42] (481,509)  
Ending Balance [1] 842,642 1,324,151
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore Investments Holdings, Inc., Class A Common Stock    
Schedule Of Investments [Line Items]    
Dividends or Interest 283,370 [1],[38] 0 [2],[39]
Beginning Balance [2] 1,799,178 [1] 2,983,163
Net realized gain or loss 0 [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation (748,802) [1] (1,183,985) [2]
Acquisitions 0 [1],[40] 0 [2],[41]
Dispositions 0 [1],[42] 0 [2],[43]
Ending Balance [1] 1,050,376 1,799,178 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series A Preferred Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[39]   45,650
Beginning Balance [2] 0 0
Net realized gain or loss [2]   0
Net increase or decrease in unrealized appreciation or depreciation [2]   0
Acquisitions [2],[41]   0
Dispositions [2],[43]   0
Ending Balance [2]   0
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-1 Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 2,985,869 [1],[38] 2,652,917 [2],[39]
Beginning Balance [2] 24,629,566 [1] 32,391,197
Net realized gain or loss 0 [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation (13,156,809) [1] (10,414,537) [2]
Acquisitions 2,985,869 [1],[40] 2,652,906 [2],[41]
Dispositions 0 [1],[42] 0 [2],[43]
Ending Balance [1] 14,458,626 24,629,566 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-2 Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [1],[38] 0 [2],[39]
Beginning Balance [2] 24,629,566 [1] 32,391,197
Net realized gain or loss 0 [1] 0 [2]
Net increase or decrease in unrealized appreciation or depreciation (10,170,940) [1] (7,761,631) [2]
Acquisitions 0 [1],[40] 0 [2],[41]
Dispositions 0 [1],[42] 0 [2],[43]
Ending Balance [1] 14,458,626 24,629,566 [2]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series C-2 Preferred Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[38] 456,587  
Beginning Balance [1] 0  
Net realized gain or loss [1] 0  
Net increase or decrease in unrealized appreciation or depreciation [1] 1,472,182  
Acquisitions [1],[40] 5,487,388  
Dispositions [1],[42] 0  
Ending Balance [1] 6,959,570 0
Investment, Identifier [Axis]: Total Cash and Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[44] 1,667,183,056  
Ending Balance 1,886,348,038 [45] 1,667,183,056 [5],[44]
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[15],[18],[23],[31] $ 0  
Ending Balance [5],[15],[18],[23],[31]   $ 0
[1] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[2] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[3] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[4] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[5] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[6] Also includes fee income as applicable.
[7] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[8] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[9] Dispositions include decreases in the cost basis from sales and paydowns.
[10] Also includes fee income as applicable.
[11] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[12] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[13] Dispositions include decreases in the cost basis from sales and paydowns.
[14] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[15] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[16] Investment has been segregated to collateralize certain unfunded commitments.
[17] Investment has been segregated to collateralize certain unfunded commitments.
[18] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[19] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[20] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[21] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[22] Non-accruing debt investment.
[23] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[24] Non-accruing debt investment.
[25] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[26] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[27] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[28] Restricted security. (See Note 2)
[29] Restricted security. (See Note 2)
[30] Other non-income producing investment.
[31] Other non-income producing investment.
[32] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[33] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[34] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[35] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[36] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[37] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[38] Also includes fee income as applicable.
[39] Also includes fee and lease income as applicable.
[40] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[41] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[42] Dispositions include decreases in the cost basis from sales and paydowns.
[43] Dispositions include decreases in the cost basis from sales and paydowns.
[44] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
[45] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Non-Controlled Affiliates (Parenthetical) (Details)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/1/25    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [3]   Nov. 01, 2025
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [4] Nov. 30, 2025  
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Spread 5.40% [4] 5.40% [3]
Floor [3]   1.00%
Debt instrument, maturity date Mar. 31, 2028 [4] Mar. 31, 2028 [3]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29    
Schedule Of Investments [Line Items]    
Spread 9.40% [4] 9.40% [3]
Floor 1.00% [4] 1.00% [3]
Debt instrument, maturity date Mar. 31, 2029 [4] Mar. 31, 2029 [3]
Investment, Identifier [Axis]: Controlled Affiliates, Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [4] Dec. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027    
Schedule Of Investments [Line Items]    
Spread [3]   5.00%
Floor [3]   1.00%
Debt instrument, maturity date [3]   May 27, 2027
Investment, Identifier [Axis]: Controlled Affiliates, Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Spread [4] 11.00%  
Debt instrument, maturity date [4] Oct. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [4] Dec. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [3]   Dec. 31, 2022
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Debt instrument, maturity date [3]   Dec. 31, 2022
Investment, Identifier [Axis]: Controlled Affiliates, Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Debt instrument, maturity date [4] May 27, 2027  
Investment, Identifier [Axis]: Controlled Affiliates,AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Investment, Identifier [Axis]: Controlled Affiliates,Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Investment, Identifier [Axis]: Controlled Affiliates,Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Spread [4] 5.00%  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 2.75%  
Floor [1],[2],[5] 2.50%  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 2.75%  
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.75%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.01%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.75%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.01%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   5.40%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11] 5.40%  
Floor [1],[2],[11] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   9.40%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[11] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.51%
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.51%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.51%
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.51%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 1.90%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 1.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) Sr Secured Revolver Ref ABR Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.40%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.26%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.26%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.26%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[18] 6.25%  
Floor [1],[2],[18] 2.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   8.00%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   10.00%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.65%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 9.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 9.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.65%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.15%  
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 3.50%  
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 15.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 4.50%  
Floor [1],[2],[13],[14] 2.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 4.50%  
Floor [1],[2],[13],[14] 2.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien B Delayed Draw Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[17]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 5.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 9.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026    
Schedule Of Investments [Line Items]    
Spread [6],[16]   9.26%
Floor [6],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.50%
Floor [6],[7]   0.50%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.10%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[20] 12.00%  
Floor [1],[2],[11],[20] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 11.26%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[14] 11.00%  
Floor [1],[2],[11],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.62%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.62%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 5.00%  
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.85%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 11.63% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12],[15]   9.40%
Floor [6],[7],[12],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6]   8.25%
Floor [6]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.90%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.90%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.85%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.35%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.85%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14],[23] 7.00%  
Floor [1],[2],[14],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 9.11%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   9.00%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   5.26%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   5.75%
Floor [6],[7],[15]   0.75%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   5.75%
Floor [6],[7],[15]   0.75%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.60%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.60%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.60%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029    
Schedule Of Investments [Line Items]    
Spread [6]   6.00%
Floor [6]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.25%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.75%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.75%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   8.11%
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.75%  
Floor [1],[2],[9] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.83% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.50%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.35%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   5.75%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.11%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14] 9.14%  
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   9.14%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.00%  
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.00%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.25%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   7.25%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.00%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.25%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.00%  
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   7.25%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 1.50%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[11],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [6],[8]   12.00%
Floor [6],[8]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.01%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029    
Schedule Of Investments [Line Items]    
Spread [6],[8]   8.51%
Floor [6],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.75%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.75%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.50%
Floor [6],[7],[12]   1.80%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.50%  
Floor [1],[2],[23] 1.80%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.10%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23],[24] 8.55%  
Floor [1],[2],[13],[23],[24] 0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12],[15],[25]   8.55%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[26]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.90%  
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.90%  
Floor [1],[2],[5],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.40%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   8.00%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 8.26%  
Floor [1],[2],[9] 0.75%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.92% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027    
Schedule Of Investments [Line Items]    
Spread [6],[8],[27]   7.10%
Floor [6],[8],[27]   0.50%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 3.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 3.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.65%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.65%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.90%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.00%  
Floor [1],[2],[9] 0.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Spread [6],[8]   7.11%
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 4.73%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[18] 9.15%  
Floor [1],[2],[18] 1.00%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   9.15%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   1.25%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.65%  
Floor [1],[2] 1.25%  
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.50%
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23] 8.86%  
Floor [1],[2],[13],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23] 8.86%  
Floor [1],[2],[13],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.50%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   5.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14] 6.75%  
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   7.75%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   7.50%
Floor [6],[7],[8]   0.50%
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 12.10% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   8.86%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   8.86%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.75%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[28] 6.43%  
Floor [1],[2],[28] 1.25%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[26]   6.43%
Floor [6],[7],[26]   1.25%
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027    
Schedule Of Investments [Line Items]    
Spread 6.61% [1],[2] 6.61% [6],[7]
Floor 1.50% [1],[2] 1.50% [6],[7]
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.36%  
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.36%  
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.68%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.35%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.40%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.10%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.10%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.50%
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 2.00%  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.75%  
Floor [1],[2],[23] 1.50%  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 7.76%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.76%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 7.76%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.76%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolver Ref PRIME(Q) Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.15%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.50%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 0.065 Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   0.065%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.15%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.15%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.13%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.13%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[9] 2.00%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029    
Schedule Of Investments [Line Items]    
Spread [6],[8]   6.75%
Floor [6],[8]   2.00%
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.60%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   6.75%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.50%  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Spread [6],[17]   6.51%
Floor [6],[17]   0.00%
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%    
Schedule Of Investments [Line Items]    
Floor [2],[11],[21] 13.50%  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%    
Schedule Of Investments [Line Items]    
Spread [6],[7],[29]   12.50%
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027    
Schedule Of Investments [Line Items]    
Spread 10.00% [30] 10.00% [31]
Floor 1.00% [30] 1.00% [31]
Debt instrument, maturity date Mar. 11, 2027 [30] Mar. 11, 2027 [31]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29    
Schedule Of Investments [Line Items]    
Spread [30] 6.25%  
Floor [30] 2.00%  
Debt instrument, maturity date [30] Apr. 05, 2029  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26    
Schedule Of Investments [Line Items]    
Spread 8.00% [30] 8.00% [31]
Floor 1.00% [30] 1.00% [31]
Debt instrument, maturity date Feb. 22, 2026 [30] Feb. 22, 2026 [31]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24    
Schedule Of Investments [Line Items]    
Spread [31]   9.00%
Floor [31]   1.00%
Debt instrument, maturity date [31]   Apr. 12, 2024
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26    
Schedule Of Investments [Line Items]    
Spread [30] 9.00%  
Floor [30] 1.00%  
Debt instrument, maturity date [30] Apr. 12, 2026  
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Non Controlled Affiliates | Minimum    
Schedule Of Investments [Line Items]    
Percentage of outstanding voting securities 5.00% 5.00%
Non Controlled Affiliates | Maximum    
Schedule Of Investments [Line Items]    
Percentage of outstanding voting securities 25.00% 25.00%
[1] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[2] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[3] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[4] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[5] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[6] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[7] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[8] Investment has been segregated to collateralize certain unfunded commitments.
[9] Investment has been segregated to collateralize certain unfunded commitments.
[10] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[11] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[12] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[13] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[14] Non-accruing debt investment.
[15] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[16] Non-accruing debt investment.
[17] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[18] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[19] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[20] Restricted security. (See Note 2)
[21] Other non-income producing investment.
[22] Other non-income producing investment.
[23] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[24] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[25] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[26] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[27] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[28] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[29] Restricted security. (See Note 2)
[30] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[31] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Controlled Affiliates (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Schedule Of Investments [Line Items]    
Beginning Balance $ 1,554,941,110  
Ending Balance 1,794,758,336 $ 1,554,941,110
Controlled Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [1] 171,827,192  
Ending Balance 179,709,888 [2] 171,827,192 [1]
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,891,418  
Investment, Identifier [Axis]: Cash and Cash Equivalents    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 112,241,946  
Ending Balance 91,589,702 112,241,946 [5]
Investment, Identifier [Axis]: Controlled Affiliates    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   10,712,927
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   (5,741,106)
Acquisitions [1],[7]   5,935,496
Dispositions [1],[8]   33,899,517
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,359,774 [2],[9] (680,883) [1],[6]
Beginning Balance [1] 50,541,000 [2] 56,272,000
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation (549,500) [2] (6,043,500) [1]
Acquisitions 1,062,500 [2],[10] 312,500 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 51,054,000 50,541,000 [1]
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25    
Schedule Of Investments [Line Items]    
Dividends or Interest 6,643,097 [2],[9] 5,937,130 [1],[6]
Beginning Balance [1] 52,318,937 [2] 50,131,437
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation 0 [2] 0 [1]
Acquisitions 7,437,501 [2],[10] 2,187,500 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 59,756,438 52,318,937 [1]
Investment, Identifier [Axis]: Controlled Affiliates, AA Acquisition Aggregator, LLC, Ordinary Shares    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [2],[9] 0 [1],[6]
Beginning Balance [1] 9,985,207 [2] 0
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation (541,338) [2] 969,054 [1]
Acquisitions 69,766 [2],[10] 9,016,153 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 9,513,635 9,985,207 [1]
Investment, Identifier [Axis]: Controlled Affiliates, Anacomp, Inc., Class A Common Stock    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [2],[9] 0 [1],[6]
Beginning Balance [1] 843,074 [2] 552,432
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation 312,221 [2] 290,642 [1]
Acquisitions 0 [2],[10] 0 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 1,155,295 843,074 [1]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Class A Common Interest    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   0
Beginning Balance [1] 0 0
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   0
Acquisitions [1],[7]   (4,713,886)
Dispositions [1],[8]   4,713,886
Ending Balance [1]   0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Preferred Equity    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   0
Beginning Balance [1] 0 0
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   0
Acquisitions [1],[7]   (4,302,264)
Dispositions [1],[8]   4,302,264
Ending Balance [1]   0
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Dividends or Interest 2,015,428 [2],[9] 1,522,939 [1],[6]
Beginning Balance [1] 18,812,631 [2] 0
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation 0 [2] 0 [1]
Acquisitions 0 [2],[10] 2,533,793 [1],[7]
Dispositions 0 [2],[11] 16,278,838 [1],[8]
Ending Balance [2] 18,812,631 18,812,631 [1]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,499,820 [2],[9] 997,865 [1],[6]
Beginning Balance [1] 9,256,229 [2] 0
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation 0 [2] 0 [1]
Acquisitions 1,462,668 [2],[10] 651,700 [1],[7]
Dispositions 0 [2],[11] 8,604,529 [1],[8]
Ending Balance [2] 10,718,897 9,256,229 [1]
Investment, Identifier [Axis]: Controlled Affiliates, Conventional Lending TCP Holdings, LLC, Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 1,456,847 [2],[9] 1,674,050 [1],[6]
Beginning Balance [1] 16,376,544 [2] 16,146,544
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation (1,833,461) [2] (20,000) [1]
Acquisitions 0 [2],[10] 250,000 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 14,543,083 16,376,544 [1]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl INC., Common Membership Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [2],[9] 0 [1],[6]
Beginning Balance [1] 135,403 [2] 577,277
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation (135,403) [2] (441,874) [1]
Acquisitions 0 [2],[10] 0 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 0 135,403 [1]
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[9] 1,753,658  
Beginning Balance [2] 12,089,579  
Net realized gain or loss [2] 0  
Net increase or decrease in unrealized appreciation or depreciation [2] (4,567,088)  
Acquisitions [2],[10] 320,985  
Dispositions [2],[11] 0  
Ending Balance [2] 7,843,476 12,089,579
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   1,261,826
Beginning Balance [1] 12,089,579 12,089,579
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   0
Acquisitions [1],[7]   0
Dispositions [1],[8]   0
Ending Balance [1]   12,089,579
Investment, Identifier [Axis]: Controlled Affiliates, Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Net increase or decrease in unrealized appreciation or depreciation [2] (8,098,235)  
Acquisitions [2],[10] 13,114,252  
Ending Balance [2] 5,016,017  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[9] 0  
Beginning Balance [2] 101,315  
Net realized gain or loss [2] 0  
Net increase or decrease in unrealized appreciation or depreciation [2] (40,426)  
Acquisitions [2],[10] 0  
Dispositions [2],[11] 0  
Ending Balance [2] 60,889 101,315
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   0
Beginning Balance [1] 101,315 101,315
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   0
Acquisitions [1],[7]   0
Dispositions [1],[8]   0
Ending Balance [1]   101,315
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Ordinary Shares    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [2],[9] 0 [1],[6]
Beginning Balance [1] 0 [2] 0
Net realized gain or loss 0 [2] 0 [1]
Net increase or decrease in unrealized appreciation or depreciation 0 [2] 0 [1]
Acquisitions 0 [2],[10] 0 [1],[7]
Dispositions 0 [2],[11] 0 [1],[8]
Ending Balance [2] 0 0 [1]
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[9] 0  
Beginning Balance [2] 1,367,273  
Net realized gain or loss [2] 0  
Net increase or decrease in unrealized appreciation or depreciation [2] (131,746)  
Acquisitions [2],[10] 0  
Dispositions [2],[11] 0  
Ending Balance [2] 1,235,527 1,367,273
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Dividends or Interest [1],[6]   0
Beginning Balance [1] 1,367,273 1,862,701
Net realized gain or loss [1]   0
Net increase or decrease in unrealized appreciation or depreciation [1]   (495,428)
Acquisitions [1],[7]   0
Dispositions [1],[8]   0
Ending Balance [1]   1,367,273
Investment, Identifier [Axis]: Controlled Affiliates,Total    
Schedule Of Investments [Line Items]    
Dividends or Interest [2],[9] 14,728,624  
Beginning Balance [2] 171,827,192  
Net realized gain or loss [2] 0  
Net increase or decrease in unrealized appreciation or depreciation [2] (15,584,976)  
Acquisitions [2],[10] 23,467,672  
Dispositions [2],[11] 0  
Ending Balance [2]   171,827,192
Investment, Identifier [Axis]: ControlledAffiliatesMember    
Schedule Of Investments [Line Items]    
Beginning Balance [1]   137,733,285
Investment, Identifier [Axis]: Debt Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,389,190,356  
Ending Balance 1,642,572,999 [3] 1,389,190,356 [5]
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense    
Schedule Of Investments [Line Items]    
Ending Balance [3] 12,862,500  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (131,250)  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,993,750  
Investment, Identifier [Axis]: Debt Investments Automobiles    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 34,533,867  
Ending Balance 38,111,113 [3] 34,533,867 [5]
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 5,817,281  
Ending Balance [5],[13],[14]   5,817,281
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 7,688,560  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 647,726  
Ending Balance [5],[13],[14]   647,726
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 891,025  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16] 18,812,631  
Ending Balance [5],[13],[16]   18,812,631
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 18,812,631  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16] 9,256,229  
Ending Balance [5],[13],[16]   9,256,229
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17] 10,718,897  
Investment, Identifier [Axis]: Debt Investments Building Products    
Schedule Of Investments [Line Items]    
Ending Balance [3] 12,031,895  
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,976,416  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,422,107  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 6,554,755  
Ending Balance [5],[13]   6,554,755
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,633,372  
Investment, Identifier [Axis]: Debt Investments Capital Markets    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 46,356,790  
Ending Balance 44,645,885 [3] 46,356,790 [5]
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,247,349  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 24,391,455  
Ending Balance [5],[13],[18]   24,391,455
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 17,129,820  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 21,965,335  
Ending Balance [5],[13],[18]   21,965,335
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,268,716  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 8,041,435  
Ending Balance 16,724,411 [3] 8,041,435 [5]
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 490,000  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,333,891  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 588,214  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,159,247  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 678,788  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,671,292  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 419,925  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 244,383  
Ending Balance [5],[13]   244,383
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 352,349  
Ending Balance [5],[13]   352,349
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) Sr Secured Revolver Ref ABR Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 18,684  
Ending Balance [5],[13]   18,684
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,383,054  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 7,426,019  
Ending Balance [5],[13]   7,426,019
Investment, Identifier [Axis]: Debt Investments Communications Equipment    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 0  
Ending Balance 0 [3] 0 [5]
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[22] 0  
Ending Balance [5],[13],[21],[22]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[22] 0  
Ending Balance [5],[13],[21],[22]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[22] 0  
Ending Balance [5],[13],[21],[22]   0
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 0  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[22] 0  
Ending Balance [5],[13],[21],[22]   0
Investment, Identifier [Axis]: Debt Investments Construction and Engineering    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 30,723,481  
Ending Balance 44,531,150 [3] 30,723,481 [5]
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (73,029)  
Ending Balance [5],[13],[23]   (73,029)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 8,604,754  
Ending Balance [5],[13]   8,604,754
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (36,515)  
Ending Balance [5],[13],[23]   (36,515)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,643,302  
Ending Balance [5],[13]   2,643,302
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,352,577  
Ending Balance [5],[13]   2,352,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 654,577  
Ending Balance [5],[13]   654,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 2,323,466  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 3,193,859  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 822,292  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,802,075  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,008,793  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 367,667  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 750,429  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[24] 11,376,522  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25] 4,979,720  
Ending Balance [5],[13],[25]   4,979,720
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25] 5,232,821  
Ending Balance [5],[13],[25]   5,232,821
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,793,231  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 784,845  
Ending Balance [5],[13]   784,845
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,823,509  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 5,050,043  
Ending Balance [5],[13]   5,050,043
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (12,565)  
Ending Balance [5],[13],[23]   (12,565)
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,621,826  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (17,333)  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 349  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,857,670  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,268,367  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 210,358  
Ending Balance [5],[13]   210,358
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,524,580  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 324,577  
Ending Balance [5],[13]   324,577
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,848  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 8,016  
Ending Balance [5],[13]   8,016
Investment, Identifier [Axis]: Debt Investments Consumer Finance    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 18,481,342  
Ending Balance 28,772,279 [3] 18,481,342 [5]
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,412,500  
Ending Balance [5],[13]   2,412,500
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,022,200  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 7,237,500  
Ending Balance [5],[13]   7,237,500
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,066,601  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,193,741  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,121,323  
Ending Balance [5],[13]   2,121,323
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 322,806  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (4,947)  
Ending Balance [5],[13],[23]   (4,947)
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,166,931  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 6,714,966  
Ending Balance [5],[13]   6,714,966
Investment, Identifier [Axis]: Debt Investments Containers & Packaging    
Schedule Of Investments [Line Items]    
Ending Balance [3] 20,191,800  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 11,667,224  
Ending Balance [5],[13]   11,667,224
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,116,800  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,075,000  
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 6,389,637  
Ending Balance [5],[13],[18]   6,389,637
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 114,758,161  
Ending Balance 85,522,076 [3] 114,758,161 [5]
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,528,788  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 453,477  
Ending Balance [5],[13]   453,477
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (4,085)  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (385)  
Ending Balance [5],[13],[23]   (385)
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 41,632,537  
Ending Balance [5],[13],[21]   41,632,537
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Sr Secured Convertible Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 4,659,545  
Ending Balance [5],[13],[21]   4,659,545
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 23,230,290  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 0  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 2,018,756  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 16,206,511  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 18,235,905  
Ending Balance [5],[13],[21]   18,235,905
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[20] 18,594,234  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 20,583,842  
Ending Balance [5],[13],[21]   20,583,842
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien B Delayed Draw Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[23] (55,380)  
Ending Balance [5],[13],[21],[23]   (55,380)
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 807,613  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 1,346,022  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[22] 16,076,839  
Ending Balance [5],[22]   16,076,839
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,701,730  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 14,092,217  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 997,500  
Ending Balance [5],[13]   997,500
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[22] 13,171,781  
Ending Balance [5],[13],[22]   13,171,781
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 123,441,009  
Ending Balance 134,540,299 [3] 123,441,009 [5]
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 7,952,405  
Ending Balance [5],[13]   7,952,405
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (11,651)  
Ending Balance [5],[13],[23]   (11,651)
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26] 52,318,937  
Ending Balance [5],[13],[16],[26]   52,318,937
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[27] 59,756,438  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (4,921)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 102,239  
Ending Balance [5],[13]   102,239
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 155,919  
Ending Balance [5],[13]   155,919
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,876,190  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,276,376  
Ending Balance [5],[13]   1,276,376
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (3,281)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 18,185  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,058,085  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,096,774  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,115,675  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 189,690  
Ending Balance [5],[13]   189,690
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,616,430  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 682,883  
Ending Balance [5],[13]   682,883
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[20] 5,016,017  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,543,010  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 17,280,873  
Ending Balance [5],[13]   17,280,873
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 4,950,000  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (1,724)  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 802,742  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,700,679  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 393,271  
Ending Balance [5],[13]   393,271
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 11.63% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (335)  
Ending Balance [5],[13],[23]   (335)
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18],[21] 42,102,902  
Ending Balance [5],[13],[18],[21]   42,102,902
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,831,626  
Ending Balance [5]   13,831,626
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 1,044,055  
Investment, Identifier [Axis]: Debt Investments Electric Utilities    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,468,588  
Ending Balance 1,296,416 [3] 1,468,588 [5]
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[19],[28] 0  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[21],[29] 101,315  
Ending Balance [5],[13],[16],[21],[29]   101,315
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[19],[28] 60,889  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[21],[29] 1,367,273  
Ending Balance [5],[13],[16],[21],[29]   1,367,273
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[19],[28] 1,235,527  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment    
Schedule Of Investments [Line Items]    
Ending Balance [3] 10,991,724  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (53,793)  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,072,414  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (26,897)  
Investment, Identifier [Axis]: Debt Investments Health Care Technology    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 73,370,356  
Ending Balance 71,927,822 [3] 73,370,356 [5]
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 7,932,642  
Ending Balance [5],[13]   7,932,642
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,795,373  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (10,346)  
Ending Balance [5],[13],[23]   (10,346)
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 20,839,559  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 13,492,416  
Ending Balance [5],[13]   13,492,416
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (16,071)  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (12,146)  
Ending Balance [5],[13],[23]   (12,146)
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 23,159,415  
Ending Balance [5],[13]   23,159,415
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 31,860,837  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,002,909  
Ending Balance [5],[13]   1,002,909
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,632,914  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,815,210  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 5,584,624  
Ending Balance [5],[13]   5,584,624
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 860,842  
Ending Balance [5],[13]   860,842
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 20,169,000  
Ending Balance [5],[13]   20,169,000
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,191,000  
Ending Balance [5],[13]   1,191,000
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 40,555,869  
Ending Balance 56,857,079 [3] 40,555,869 [5]
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20],[30] 3,599,837  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 3,830,823  
Ending Balance [5],[13],[18]   3,830,823
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,149,891  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 584,359  
Ending Balance [5],[13]   584,359
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,547,409  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 9,956,190  
Ending Balance [5],[13]   9,956,190
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,493,656  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 34,066,286  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 26,184,497  
Ending Balance [5],[13],[14]   26,184,497
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 55,385,793  
Ending Balance 8,734,760 [3] 55,385,793 [5]
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16] 12,089,579  
Ending Balance [5],[13],[16]   12,089,579
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 25,374,376  
Ending Balance [5],[13]   25,374,376
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (47,562)  
Ending Balance [5],[13],[23]   (47,562)
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 225,296  
Ending Balance [5],[13],[21]   225,296
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 5,312,260  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 3,316,482  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 18,252  
Ending Balance [5],[13],[21]   18,252
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 106,018  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (18,704)  
Ending Balance [5],[13],[23]   (18,704)
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 17,767,936  
Ending Balance [5],[13]   17,767,936
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (23,380)  
Ending Balance [5],[13],[23]   (23,380)
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,114,236  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 640,000  
Ending Balance [5]   640,000
Investment, Identifier [Axis]: Debt Investments IT Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 45,761,281  
Ending Balance 48,469,607 [3] 45,761,281 [5]
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,720,250  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 456,750  
Ending Balance [5],[13]   456,750
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,590,219  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 777,057  
Ending Balance [5],[13]   777,057
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (818)  
Ending Balance [5],[13],[23]   (818)
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 14,610,000  
Ending Balance [5],[13],[14]   14,610,000
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 1,872,703  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (8,750)  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,767,639  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (5,833)  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 18,907,492  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 14,382,509  
Ending Balance [5],[13]   14,382,509
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (29,959)  
Ending Balance [5],[13],[23]   (29,959)
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (29,341)  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 894,600  
Ending Balance [5],[13]   894,600
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,014,600  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.83% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (540)  
Ending Balance [5],[13],[23]   (540)
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 14,642,338  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 14,671,682  
Ending Balance [5],[13]   14,671,682
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (1,710)  
Investment, Identifier [Axis]: Debt Investments Insurance    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 20,277,509  
Ending Balance 38,955,543 [3] 20,277,509 [5]
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 370,601  
Ending Balance [5],[13]   370,601
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,782,000  
Ending Balance [5],[13]   1,782,000
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,281,424  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (2,273)  
Ending Balance [5],[13],[23]   (2,273)
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 4,540,774  
Ending Balance [5],[13]   4,540,774
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 488,958  
Ending Balance [5],[13]   488,958
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,629,659  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,114,413  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 875,000  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,214,390  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 10,152,275  
Ending Balance [5],[13]   10,152,275
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] 0  
Ending Balance [5],[13],[23]   0
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,945,174  
Ending Balance [5],[13]   2,945,174
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,840,657  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 215,228,103  
Ending Balance 241,827,922 [3] 215,228,103 [5]
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 25,299,736  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 25,299,736  
Ending Balance [5],[13]   25,299,736
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,059,141  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 930,531  
Ending Balance [5],[13]   930,531
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 5,609,300  
Ending Balance [5],[13]   5,609,300
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 390,318  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 12,429,023  
Ending Balance [5],[13],[14]   12,429,023
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12],[19] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 15,551,592  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 10,687,950  
Ending Balance [5],[13],[21]   10,687,950
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[23] (15,170)  
Ending Balance [5],[13],[21],[23]   (15,170)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 4,290,094  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 2,948,400  
Ending Balance [5],[13],[21]   2,948,400
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12],[19] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[23] (4,180)  
Ending Balance [5],[13],[21],[23]   (4,180)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 59,930,639  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 57,452,947  
Ending Balance [5],[13],[18]   57,452,947
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,445,537  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 3,269,001  
Ending Balance [5],[13]   3,269,001
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[17],[30] 7,843,476  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,850,750  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,640,384  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 530,257  
Ending Balance [5],[13]   530,257
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 13,044,057  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 7,520,422  
Ending Balance [5],[13]   7,520,422
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[14] 3,252,122  
Ending Balance [5],[14]   3,252,122
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 891,275  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,144,542  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,297,258  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[14] 8,000,000  
Ending Balance [5],[14]   8,000,000
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 5,388,220  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,046,612  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 9,947,217  
Ending Balance [5],[13]   9,947,217
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,228,096  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] 0  
Ending Balance [5],[13],[23]   0
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 11,209,829  
Ending Balance [5],[13],[18]   11,209,829
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 15,401,028  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,874,302  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,753,313  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,031,905  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 31,768,301  
Ending Balance [5],[13]   31,768,301
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,817,680  
Ending Balance [5],[13]   1,817,680
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 9,903,019  
Ending Balance [5],[13]   9,903,019
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[30],[31] 7,472,513  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18],[21],[32] 8,017,274  
Ending Balance [5],[13],[18],[21],[32]   8,017,274
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 462,092  
Ending Balance [5],[13]   462,092
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,991,914  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (83)  
Ending Balance [5],[13],[23]   (83)
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 4,885,018  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[33] 536,431  
Ending Balance [5],[13],[21],[33]   536,431
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 9,610,149  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12],[19] (2,039)  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,208,352  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,380,678  
Ending Balance [5],[13]   2,380,678
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 649,740  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 383,359  
Ending Balance [5],[13]   383,359
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,610,000  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 894,025  
Ending Balance [5],[13]   894,025
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (2,058)  
Ending Balance [5],[13],[23]   (2,058)
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 11,998,106  
Ending Balance 16,584,131 [3] 11,998,106 [5]
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 888,295  
Ending Balance [5],[13]   888,295
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 11,109,811  
Ending Balance [5],[13],[14]   11,109,811
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 16,584,131  
Investment, Identifier [Axis]: Debt Investments Leisure Products    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 2,190,448  
Ending Balance 2,334,035 [3] 2,190,448 [5]
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 76,673  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.92% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 68,713  
Ending Balance [5],[13]   68,713
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,104,485  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,885,579  
Ending Balance [5],[13]   1,885,579
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 152,877  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 136,942  
Ending Balance [5],[13]   136,942
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[14],[34] 99,214  
Ending Balance [5],[14],[34]   99,214
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 6,630,353  
Ending Balance 16,978,521 [3] 6,630,353 [5]
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 636,026  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] 10,925  
Ending Balance [5],[13],[23]   10,925
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 6,619,428  
Ending Balance [5],[13]   6,619,428
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 8,642,420  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 87,575  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,115,625  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 6,496,875  
Investment, Identifier [Axis]: Debt Investments Machinery    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,865,137  
Ending Balance 19,027,029 [3] 13,865,137 [5]
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 195,230  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 18,794,399  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 13,865,137  
Ending Balance [5],[13]   13,865,137
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 37,400  
Investment, Identifier [Axis]: Debt Investments Media    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 44,908,121  
Ending Balance 48,932,372 [3] 44,908,121 [5]
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 23,666,304  
Ending Balance [5],[13]   23,666,304
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 8,031,364  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 612,743  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 14,350,930  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[14] 11,672,500  
Ending Balance [5],[14]   11,672,500
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 28,490  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 355,131  
Ending Balance [5],[13]   355,131
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 43,644  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 43,644  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 446,716  
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,900,000  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,474,841  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 9,214,186  
Ending Balance [5],[13]   9,214,186
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 2,299,151  
Ending Balance 4,122,647 [3] 2,299,151 [5]
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[24] 842,642  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25] 1,324,151  
Ending Balance [5],[13],[25]   1,324,151
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,280,005  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 975,000  
Ending Balance [5],[13]   975,000
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 29,607,194  
Ending Balance 41,064,614 [3] 29,607,194 [5]
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 27,026,848  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 19,467,247  
Ending Balance [5],[13]   19,467,247
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 254,588  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 101,300  
Ending Balance [5],[13]   101,300
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 10,038,647  
Ending Balance [5],[13]   10,038,647
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,783,178  
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 20,508,871  
Ending Balance [5],[13]   20,508,871
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[30] 21,533,210  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19],[30] 32,719,855  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 3,735,685  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 956,541  
Investment, Identifier [Axis]: Debt Investments Professional Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 86,017,409  
Ending Balance 105,632,356 [3] 86,017,409 [5]
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 12,828,725  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 15,127,466  
Ending Balance [5],[13]   15,127,466
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (24,847)  
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[22] 1,710,739  
Ending Balance [5],[13],[22]   1,710,739
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[20] 57,025  
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 6,562,500  
Ending Balance [5],[13],[14]   6,562,500
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 10,000,000  
Ending Balance [5],[13],[14]   10,000,000
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (1,290)  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,466,851  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (774)  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (5,760)  
Ending Balance [5],[13],[23]   (5,760)
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 4,393,167  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 8,728,775  
Ending Balance [5],[13]   8,728,775
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,928,750  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 250,008  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 12.10% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 63,690  
Ending Balance [5],[13]   63,690
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 18,107,231  
Ending Balance [5],[13],[21]   18,107,231
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 25,722,768  
Ending Balance [5],[13],[21]   25,722,768
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (72,834)  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (29,134)  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 12,750,364  
Ending Balance 20,836,164 [3] 12,750,364 [5]
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,547,590  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (6,501)  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[35] 6,526,800  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[33] 4,634,000  
Ending Balance [5],[13],[33]   4,634,000
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 8,116,364  
Ending Balance 12,768,275 [3],[4] 8,116,364 [5],[13]
Investment, Identifier [Axis]: Debt Investments Road and Rail    
Schedule Of Investments [Line Items]    
Ending Balance [3] 54,725,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 1,990,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 52,735,000  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 39,840,000  
Ending Balance [5],[13]   39,840,000
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 6,039,299  
Ending Balance 6,780,308 [3] 6,039,299 [5]
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 5,613,753  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 4,872,975  
Ending Balance [5],[13],[14]   4,872,975
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 1,166,555  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[14] 1,166,324  
Ending Balance [5],[13],[14]   1,166,324
Investment, Identifier [Axis]: Debt Investments Software    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 141,028,833  
Ending Balance 248,294,478 [3] 141,028,833 [5]
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[18] 9,878,595  
Ending Balance [5],[13],[18]   9,878,595
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 22,951,263  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 25,165,879  
Ending Balance [5],[13]   25,165,879
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 17,870,448  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 12,653,162  
Ending Balance [5],[13]   12,653,162
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 449,774  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 728,107  
Ending Balance [5],[13]   728,107
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 11,412,201  
Ending Balance [5],[13]   11,412,201
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,285,940  
Ending Balance [5],[13]   1,285,940
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 894,782  
Ending Balance [5],[13]   894,782
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 11,318,360  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (1,526)  
Ending Balance [5],[13],[23]   (1,526)
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 854,668  
Ending Balance [5],[13]   854,668
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,982,127  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,779,628  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 416,567  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 2,842,277  
Ending Balance [5],[13]   2,842,277
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 350,500  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 76,278  
Ending Balance [5],[13]   76,278
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 25,935,000  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,773,441  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 294,118  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,246,577  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 910,909  
Ending Balance [5],[13]   910,909
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (51,086)  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (46,441)  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 268,187  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 15,045,688  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (18,577)  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 3,748,633  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 2,738,734  
Ending Balance [5],[13],[21]   2,738,734
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 7,384,050  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 5,394,754  
Ending Balance [5],[13],[21]   5,394,754
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,585,104  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 890,941  
Ending Balance [5],[13]   890,941
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (9,643)  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (2,250)  
Ending Balance [5],[13],[23]   (2,250)
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 270,464  
Ending Balance [5],[13]   270,464
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 208,996  
Ending Balance [5],[13]   208,996
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 1,822,217  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 404,859  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,355,975  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (10,331)  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolver Ref PRIME(Q) Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 4,583  
Ending Balance [5],[13]   4,583
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 17,568,306  
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12],[19] (30,588)  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 4,075,764  
Ending Balance [5],[13]   4,075,764
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] 312,567  
Ending Balance [5],[13],[23]   312,567
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 289,135  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,783,983  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 445,230  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,890,543  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 985,100  
Ending Balance [5],[13]   985,100
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 5,652  
Ending Balance [5],[13]   5,652
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 108,233  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 34,368  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,641,684  
Ending Balance [5],[13]   1,641,684
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 9,228,521  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 24,767  
Ending Balance [5],[13]   24,767
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 140,251  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,034,578  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 6,392,284  
Ending Balance [5],[13]   6,392,284
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 400,985  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (625)  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 7,220,542  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 5,315,138  
Ending Balance [5],[13]   5,315,138
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (2,318)  
Ending Balance [5],[13],[23]   (2,318)
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 4,628,001  
Ending Balance [5],[13]   4,628,001
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 24,897,224  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 16,636,667  
Ending Balance [5],[13],[21]   16,636,667
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 0.065 Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[23] (6,727)  
Ending Balance [5],[13],[21],[23]   (6,727)
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 723,680  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 10,687,685  
Ending Balance [5],[13],[21]   10,687,685
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 16,224,718  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 1,143,500  
Ending Balance [5],[13],[21]   1,143,500
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12],[19] (5,724)  
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 9,993,186  
Ending Balance [5],[13]   9,993,186
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (10,048)  
Ending Balance [5],[13],[23]   (10,048)
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (93,157)  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,232,994  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 2,672,010  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 768,358  
Ending Balance [5],[13]   768,358
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 55,473  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 15,635  
Ending Balance [5],[13]   15,635
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] 478  
Ending Balance [5],[13],[23]   478
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 13,931  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 393,922  
Ending Balance [5],[13]   393,922
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 5,760,626  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] 0  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[30] 3,865,840  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 1,827,303  
Ending Balance [5],[13]   1,827,303
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[12] (13,037)  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[23] (7,259)  
Ending Balance [5],[13],[23]   (7,259)
Investment, Identifier [Axis]: Debt Investments Specialty Retail    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 24,497,619  
Ending Balance 35,223,830 [3] 24,497,619 [5]
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[15] 24,782,510  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[14] 20,170,600  
Ending Balance [5],[14]   20,170,600
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 10,441,320  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 4,327,019  
Ending Balance [5],[13]   4,327,019
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 35,150,390  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21] 31,612,114  
Ending Balance [5],[13],[21]   31,612,114
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 38,251,306  
Ending Balance 49,317,544 [3] 38,251,306 [5]
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 15,555,556  
Ending Balance [5],[13]   15,555,556
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 25,417,903  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 410,030  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13] 22,695,750  
Ending Balance [5],[13]   22,695,750
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 23,388,625  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4] 100,986  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Ending Balance [3],[4],[19] 14,417,008  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[23] 9,679,205  
Ending Balance [5],[23]   9,679,205
Investment, Identifier [Axis]: Equity Securities    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 165,750,754  
Ending Balance 152,185,337 165,750,754 [5]
Investment, Identifier [Axis]: Equity Securities Automobiles AA Acquisition Aggregator, LLC (AutoAlert) Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[27],[28] 9,513,635  
Investment, Identifier [Axis]: Equity Securities Automobiles AutoAlert LLC Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26],[29] 9,985,207  
Ending Balance [5],[13],[16],[26],[29]   9,985,207
Investment, Identifier [Axis]: Equity Securities Capital Markets Pico Quantitative Trading Holdings, LLC Warrants to Purchase Membership Units Expiration 2/7/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 1,438,087  
Ending Balance 1,182,309 [4],[27],[28] 1,438,087 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Chemicals    
Schedule Of Investments [Line Items]    
Ending Balance 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class A Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class B Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Chemicals AGY Equity, LLC Class C Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies    
Schedule Of Investments [Line Items]    
Ending Balance 61,128  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 0  
Investment, Identifier [Axis]: Equity Securities Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 61,128  
Investment, Identifier [Axis]: Equity Securities Communications Equipment Plate Newco 1Limited (Avanti) (United Kingdom) Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28],[31] 0  
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Global LLC Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[24],[27],[28] 298,333  
Investment, Identifier [Axis]: Equity Securities Construction & Engineering Hylan Novellus LLC Class A Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25],[26],[29] 2,827,373  
Ending Balance [5],[13],[25],[26],[29]   2,827,373
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 52,264,743  
Ending Balance 35,876,822 52,264,743 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 308,983  
Ending Balance [5],[13],[26],[29]   308,983
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Elevate Brands Holdco, Inc. Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 1,230,810  
Ending Balance [5],[13],[26],[29]   1,230,810
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services MXP Prime Platform GmbH (SellerX) (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 293,563  
Ending Balance 0 [4],[19],[27],[28] 293,563 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Preferred Series A1 Shares Expiration 4/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 485,055  
Ending Balance 0 [4],[19],[27],[28] 485,055 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 12/23/2029    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor Group GmbH (Germany) Warrants to Purchase Series C Shares Expiration 4/28/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 687,200  
Ending Balance [5],[13],[21],[26],[29]   687,200
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Class A Preferred Units Ref Fixed Total Coupon 3.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Razor US LP Common Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Common Stock Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services SellerX Germany GMBH & Co. KG (Germany) Warrants to Purchase Preferred New Super Senior Shares Expiration 7/25/2030    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25],[26] 24,629,566  
Ending Balance [5],[13],[25],[26]   24,629,566
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-1 Common Units Ref Fixed Total Coupon 12.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[24],[27] 14,458,626  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series B-2 Common Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25],[26],[29] 24,629,566  
Ending Balance 14,458,626 [4],[24],[27],[28] 24,629,566 [5],[13],[25],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services TVG-Edmentum Holdings, LLC Series C-2 Common Units Ref Fixed Total Coupon 15.00%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[24],[27] 6,959,570  
Investment, Identifier [Axis]: Equity Securities Diversified Consumer Services Thras.io, LLC Common Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 71,087,805  
Ending Balance 66,090,348 71,087,805 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services 36th Street Capital Partners Holdings, LLC Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26] 50,541,000  
Ending Balance 51,054,000 [4],[17],[27] 50,541,000 [5],[13],[16],[26]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Conventional Lending TCP Holdings, LLC Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26],[33] 16,376,544  
Ending Balance 14,543,083 [4],[17],[27] 16,376,544 [5],[13],[16],[26],[33]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP I, LP (Great American Capital) Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[33] 107,310  
Ending Balance [5],[13],[26],[33]   107,310
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services GACP II, LP (Great American Capital) Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[33] 3,914,270  
Ending Balance [5],[13],[26],[33]   3,914,270
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[28] 0  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Series X Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28] 395,762  
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series D Stock Expiration 2/11/2031    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 148,681  
Ending Balance 97,445 [4],[19],[27],[28] 148,681 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Worldremit Group Limited (United Kingdom) Warrants to Purchase Series E Stock Expiration 8/17/2031    
Schedule Of Investments [Line Items]    
Ending Balance [4],[19],[27],[28] 58  
Investment, Identifier [Axis]: Equity Securities Electric Utilities    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 36,000  
Ending Balance 56,779 36,000 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Class B Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Conergy Asia Holdings Limited (United Kingdom) Ordinary Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Ordinary Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Series B Preferred Shares    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[19],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 211  
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-1 Preferred Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 2,000  
Ending Balance 6,425 [4],[27],[28] 2,000 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Electric Utilities Utilidata, Inc. Series A-2 Preferred Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 34,000  
Ending Balance 50,143 [4],[27],[28] 34,000 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Energy Equipment and Services GlassPoint, Inc. Warrants to Purchase Common Stock Expiration 9/12/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 2,055,657  
Ending Balance 1,610,592 [4],[27],[28] 2,055,657 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Healthcare Providers and Services INH Buyer, Inc. (IMA Health) Preferred Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Hotels, Restaurants and Leisure Fishbowl, Inc. Common Membership Units    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26] 135,403  
Ending Balance [5],[13],[16],[26]   135,403
Investment, Identifier [Axis]: Equity Securities Household Durables Stitch Holdings, L.P. Limited Partnership/Limited Liability Company Interests    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities IT Services Fidelis (SVC), LLC Preferred Unit-C    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Internet Software and Service Fishbowl, Inc. Common Membership Units    
Schedule Of Investments [Line Items]    
Ending Balance [4],[17],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 13,487,892  
Ending Balance 20,768,046 13,487,892 [5]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26] 512,360  
Ending Balance 352,527 [28] 512,360 [5],[13],[26]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Class B Common Stock Expiration 2/17/2028    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 3,772,399  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Domo, Inc. Warrants to Purchase Common Stock Expiration 2/17/2028    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 995,959  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Foursquare Labs, Inc. Warrants to Purchase Series E Preferred Stock Expiration 5/4/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 713,161  
Ending Balance 139,519 [4],[27],[28] 713,161 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Common Stock Expiration 8/15/2027    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 3,112,163  
Ending Balance 2,246,381 [4],[19],[27],[28] 3,112,163 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 10/3/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 1,288,026  
Ending Balance 2,318,220 [4],[19],[27],[28] 1,288,026 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services InMobi, Inc. (Singapore) Warrants to Purchase Series E Preferred Stock Expiration 9/18/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 2,491,582  
Ending Balance 1,815,871 [4],[19],[27],[28] 2,491,582 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services Pluralsight, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 3,887,269  
Investment, Identifier [Axis]: Equity Securities Internet Software and Services ResearchGate Corporation (Germany) Warrants to Purchase Series D Preferred Stock Expiration 10/30/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29],[32] 70,600  
Ending Balance 42,131 [4],[19],[27],[28],[31] 70,600 [5],[13],[21],[26],[29],[32]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SnapLogic, Inc. Warrants to Purchase Series Preferred Stock Expiration 3/19/2028    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 5,300,000  
Ending Balance 5,197,770 [4],[27],[28] 5,300,000 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Internet Software and Services SuCo Investors, LP (Suited Connector) Warrants to Purchase Class A Units Expiration 03/06/2033    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Media    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 720,403  
Ending Balance 683,077 720,403 [5]
Investment, Identifier [Axis]: Equity Securities Media MBS Parent, LLC Limited Partnership/Limited Liability Company Interests    
Schedule Of Investments [Line Items]    
Ending Balance [4],[28] 41,695  
Investment, Identifier [Axis]: Equity Securities Media Quora, Inc. Warrants to Purchase Series D Preferred Stock Expiration 4/11/2029    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26] 108,334  
Ending Balance 68,789 [4],[27],[28] 108,334 [5],[13],[26]
Investment, Identifier [Axis]: Equity Securities Media SoundCloud, Ltd. (United Kingdom) Warrants to Purchase Preferred Stock Expiration 4/29/2025    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[21],[26],[29] 612,069  
Ending Balance 572,593 [4],[19],[27],[28] 612,069 [5],[13],[21],[26],[29]
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investment Holdings, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[24],[27],[28] 1,050,376  
Investment, Identifier [Axis]: Equity Securities Oil, Gas and Consumable Fuels Iracore Investments Holdings, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[25],[26],[29] 1,799,178  
Ending Balance [5],[13],[25],[26],[29]   1,799,178
Investment, Identifier [Axis]: Equity Securities Paper and Forest Products 48forty Intermediate Holdings, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Pharmaceuticals Inotiv, Inc. Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[26],[29] 53,501  
Ending Balance 60,353 [27],[28] 53,501 [5],[26],[29]
Investment, Identifier [Axis]: Equity Securities Professional Services Anacomp, Inc. Class A Common Stock    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[26],[29] 843,074  
Ending Balance 1,155,295 [4],[17],[27],[28] 843,074 [5],[13],[16],[26],[29]
Investment, Identifier [Axis]: Equity Securities Software    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,541  
Ending Balance 2,108 1,541 [5]
Investment, Identifier [Axis]: Equity Securities Software Grey Orange International Inc. Warrants to Purchase Common Stock Expiration 5/6/2032    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26],[29] 1,541  
Ending Balance 2,108 [4],[27],[28] 1,541 [5],[13],[26],[29]
Investment, Identifier [Axis]: Equity Securities Software Tradeshift, Inc. Warrants to Purchase Series D Preferred Stock Expiration 3/26/2027    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27],[28] 0  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[26] 9,014,890  
Ending Balance [5],[13],[26]   9,014,890
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Ref Fixed Total Coupon 12.50%    
Schedule Of Investments [Line Items]    
Ending Balance [4],[27] 13,776,136  
Investment, Identifier [Axis]: Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5] 1,554,941,110  
Ending Balance 1,794,758,336 1,554,941,110 [5]
Investment, Identifier [Axis]: Non-Controlled Affiliates    
Schedule Of Investments [Line Items]    
Dividends or Interest 5,290,968 [36],[37] 4,154,686 [38],[39]
Beginning Balance [39]   69,089,697
Net realized gain or loss (12,810,138) [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation (12,395,543) [37] (28,656,798) [39]
Acquisitions 9,524,714 [37],[40] 25,121,341 [39],[41]
Dispositions (296,713) [37],[42] (131,865) [39],[43]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Global LLC, Parent Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [36],[37] 0  
Beginning Balance [37] 0  
Net realized gain or loss [37] 0  
Net increase or decrease in unrealized appreciation or depreciation [37] (440,114)  
Acquisitions [37],[40] 738,447  
Dispositions [37],[42] 0  
Ending Balance [37] 298,333 0
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027    
Schedule Of Investments [Line Items]    
Dividends or Interest 228,253 [36],[37] 581,023 [38],[39]
Beginning Balance [39] 5,232,821 [37] 0
Net realized gain or loss (184,796) [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation (146,321) [37] 104,575 [39]
Acquisitions (5,086,500) [37],[40] 5,260,111 [39],[41]
Dispositions (184,796) [37],[42] (131,865) [39],[43]
Ending Balance [37] 0 5,232,821 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29    
Schedule Of Investments [Line Items]    
Dividends or Interest [36],[37] 990,675  
Beginning Balance [37] 0  
Net realized gain or loss [37] 0  
Net increase or decrease in unrealized appreciation or depreciation [37] (199,170)  
Acquisitions [37],[40] 11,575,692  
Dispositions [37],[42] 0  
Ending Balance [37] 11,376,522 0
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26    
Schedule Of Investments [Line Items]    
Dividends or Interest 176,882 [36],[37] 683,947 [38],[39]
Beginning Balance [39] 4,979,720 [37] 0
Net realized gain or loss 0 [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation 3,987 [37] 1,495 [39]
Acquisitions (4,983,707) [37],[40] 4,978,225 [39],[41]
Dispositions 0 [37],[42] 0 [39],[43]
Ending Balance [37] 0 4,979,720 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Novellus LLC, Class A Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [36],[37] 0 [38],[39]
Beginning Balance [37],[39] 2,827,373  
Net realized gain or loss (12,625,342) [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation 10,990,444 [37] (9,402,715) [39]
Acquisitions (1,192,475) [37],[40] 12,230,088 [39],[41]
Dispositions 0 [37],[42] 0 [39],[43]
Ending Balance [37] 0 2,827,373 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24    
Schedule Of Investments [Line Items]    
Dividends or Interest [38],[39]   191,149
Beginning Balance [39] 1,324,151 1,324,140
Net realized gain or loss [39]   0
Net increase or decrease in unrealized appreciation or depreciation [39]   0
Acquisitions [39],[41]   11
Dispositions [39],[43]   0
Ending Balance [39]   1,324,151
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26    
Schedule Of Investments [Line Items]    
Dividends or Interest [36],[37] 169,332  
Beginning Balance [37] 1,324,151  
Net realized gain or loss [37] 0  
Net increase or decrease in unrealized appreciation or depreciation [37] 0  
Acquisitions [37],[40] 0  
Dispositions [37],[42] (481,509)  
Ending Balance [37] 842,642 1,324,151
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore Investments Holdings, Inc., Class A Common Stock    
Schedule Of Investments [Line Items]    
Dividends or Interest 283,370 [36],[37] 0 [38],[39]
Beginning Balance [39] 1,799,178 [37] 2,983,163
Net realized gain or loss 0 [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation (748,802) [37] (1,183,985) [39]
Acquisitions 0 [37],[40] 0 [39],[41]
Dispositions 0 [37],[42] 0 [39],[43]
Ending Balance [37] 1,050,376 1,799,178 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series A Preferred Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [38],[39]   45,650
Beginning Balance [39] 0 0
Net realized gain or loss [39]   0
Net increase or decrease in unrealized appreciation or depreciation [39]   0
Acquisitions [39],[41]   0
Dispositions [39],[43]   0
Ending Balance [39]   0
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-1 Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 2,985,869 [36],[37] 2,652,917 [38],[39]
Beginning Balance [39] 24,629,566 [37] 32,391,197
Net realized gain or loss 0 [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation (13,156,809) [37] (10,414,537) [39]
Acquisitions 2,985,869 [37],[40] 2,652,906 [39],[41]
Dispositions 0 [37],[42] 0 [39],[43]
Ending Balance [37] 14,458,626 24,629,566 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series B-2 Common Units    
Schedule Of Investments [Line Items]    
Dividends or Interest 0 [36],[37] 0 [38],[39]
Beginning Balance [39] 24,629,566 [37] 32,391,197
Net realized gain or loss 0 [37] 0 [39]
Net increase or decrease in unrealized appreciation or depreciation (10,170,940) [37] (7,761,631) [39]
Acquisitions 0 [37],[40] 0 [39],[41]
Dispositions 0 [37],[42] 0 [39],[43]
Ending Balance [37] 14,458,626 24,629,566 [39]
Investment, Identifier [Axis]: Non-Controlled Affiliates, TVG-Edmentum Holdings, LLC, Series C-2 Preferred Units    
Schedule Of Investments [Line Items]    
Dividends or Interest [36],[37] 456,587  
Beginning Balance [37] 0  
Net realized gain or loss [37] 0  
Net increase or decrease in unrealized appreciation or depreciation [37] 1,472,182  
Acquisitions [37],[40] 5,487,388  
Dispositions [37],[42] 0  
Ending Balance [37] 6,959,570 0
Investment, Identifier [Axis]: Total Cash and Investments    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[44] 1,667,183,056  
Ending Balance 1,886,348,038 [45] 1,667,183,056 [5],[44]
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024    
Schedule Of Investments [Line Items]    
Beginning Balance [5],[13],[16],[21],[29] $ 0  
Ending Balance [5],[13],[16],[21],[29]   $ 0
[1] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[2] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[3] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[4] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[5] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[6] Also includes fee income as applicable.
[7] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[8] Dispositions include decreases in the cost basis from sales and paydowns.
[9] Also includes fee income as applicable.
[10] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[11] Dispositions include decreases in the cost basis from sales and paydowns.
[12] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[13] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[14] Investment has been segregated to collateralize certain unfunded commitments.
[15] Investment has been segregated to collateralize certain unfunded commitments.
[16] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[17] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[18] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[19] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[20] Non-accruing debt investment.
[21] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[22] Non-accruing debt investment.
[23] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[24] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[25] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[26] Restricted security. (See Note 2)
[27] Restricted security. (See Note 2)
[28] Other non-income producing investment.
[29] Other non-income producing investment.
[30] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[31] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[32] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[33] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[34] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[35] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[36] Also includes fee income as applicable.
[37] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[38] Also includes fee and lease income as applicable.
[39] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[40] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[41] Acquisitions include new purchases, PIK income and amortization of original issue and market discounts.
[42] Dispositions include decreases in the cost basis from sales and paydowns.
[43] Dispositions include decreases in the cost basis from sales and paydowns.
[44] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
[45] All cash and investments, except those referenced in Note G above, are pledged as collateral under certain debt as described in Note 4 to the Consolidated Financial Statements.
v3.25.0.1
Consolidated Schedule of Changes in Investments in Controlled Affiliates (Parenthetical) (Details)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/1/25    
Schedule Of Investments [Line Items]    
Rate [3]   12.00%
Debt instrument, maturity date [3]   Nov. 01, 2025
Investment, Identifier [Axis]: Controlled Affiliates, 36th Street Capital Partners Holdings, LLC, Senior Note, 12%, due 11/30/25    
Schedule Of Investments [Line Items]    
Rate [4] 12.00%  
Debt instrument, maturity date [4] Nov. 30, 2025  
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Spread 5.40% [4] 5.40% [3]
Floor [3]   1.00%
Debt instrument, maturity date Mar. 31, 2028 [4] Mar. 31, 2028 [3]
Investment, Identifier [Axis]: Controlled Affiliates, AutoAlert, LLC, Senior Secured 2nd Lien Term Loan, SOFR + 9.4%, 1% SOFR Floor, PIK toggle, due 3/31/29    
Schedule Of Investments [Line Items]    
Spread 9.40% [4] 9.40% [3]
Floor 1.00% [4] 1.00% [3]
Debt instrument, maturity date Mar. 31, 2029 [4] Mar. 31, 2029 [3]
Investment, Identifier [Axis]: Controlled Affiliates, Conergy Asia & ME Pte. Ltd., 1st Lien Term Loan, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Rate [4] 0.00%  
Debt instrument, maturity date [4] Dec. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Fishbowl, Inc., Senior Secured 1st Lien Term Loan, SOFR + 5%, 1% SOFR Floor, due 05/27/2027    
Schedule Of Investments [Line Items]    
Spread [3]   5.00%
Floor [3]   1.00%
Debt instrument, maturity date [3]   May 27, 2027
Investment, Identifier [Axis]: Controlled Affiliates, Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Spread [4] 11.00%  
Debt instrument, maturity date [4] Oct. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Rate [4] 0.00%  
Debt instrument, maturity date [4] Dec. 31, 2021  
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Rate [3]   0.00%
Debt instrument, maturity date [3]   Dec. 31, 2022
Investment, Identifier [Axis]: Controlled Affiliates, Kawa Solar Holdings Limited, Revolving Credit Facility, 0%, due 12/31/22    
Schedule Of Investments [Line Items]    
Rate [3]   0.00%
Debt instrument, maturity date [3]   Dec. 31, 2022
Investment, Identifier [Axis]: Controlled Affiliates, Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Debt instrument, maturity date [4] May 27, 2027  
Investment, Identifier [Axis]: Controlled Affiliates,AutoAlert, LLC, Senior Secured 1st Lien Term Loan, SOFR + 5.4%, 1% SOFR Floor, PIK toggle, due 3/31/28    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Investment, Identifier [Axis]: Controlled Affiliates,Gordon Brothers Finance Company, Unsecured Term Loan, SOFR +11%, 1% SOFR Floor, due 10/31/2021    
Schedule Of Investments [Line Items]    
Floor [4] 1.00%  
Investment, Identifier [Axis]: Controlled Affiliates,Kawa Solar Holdings Limited, Bank Guarantee Credit Facility, 0%, due 12/31/21    
Schedule Of Investments [Line Items]    
Rate [4] 0.00%  
Investment, Identifier [Axis]: Controlled Affiliates,Term Loan, SOFR + 5%, 1% SOFR Floor, 7.50% EOT, due 05/27/2027    
Schedule Of Investments [Line Items]    
Spread [4] 5.00%  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Delayed Draw Term Loan B Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 2.75%  
Floor [1],[2],[5] 2.50%  
Investment, Identifier [Axis]: Debt Investments Aerospace & Defense Skydio, Inc First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 2.75% Cash + 2.75% PIK Total Coupon 10.02% Maturity 12/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 2.75%  
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.75%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.01%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.39% Maturity 4/15/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.75%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles ALCV Purchaser, Inc. (AutoLenders) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.01% Total Coupon 11.34% Maturity 2/25/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.01%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 10.79% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   5.40%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.40% Total Coupon 9.99% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11] 5.40%  
Floor [1],[2],[11] 1.00%  
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40% Total Coupon 14.79% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   9.40%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Automobiles AutoAlert, LLC Second Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.40%PIK Total Coupon 13.99% Maturity 3/31/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[11] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Air Distribution Technologies Inc First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.55% Maturity 8/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 10.43% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Building Products Porcelain Acquisition Corporation (Paramount) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.45% Maturity 4/30/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Building Products Trulite Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.59% Maturity 2/22/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Capital Markets PMA Parent Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 1/31/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.89% Maturity 2/7/2025 One    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.51%
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.10% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.51%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan (1.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.88% Maturity 2/7/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.51%
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Capital Markets Pico Quantitative Trading, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 7.51% Total Coupon 12.17% Maturity 2/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.51%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Apollo Group Holdco, LLC (Topsail) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.33% Maturity 12/26/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.90% Cash + 3.50% PIK% Total Coupon 9.99% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 1.90%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Kellermeyer Bergensons Services, LLC Subordinated Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.15% Cash + 7.00% PIK Total Coupon 12.74% Maturity 11/6/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 1.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (Pueblo) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 10.83% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.63% Maturity 8/23/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Modigent, LLC (fka Pueblo Mechanical and Controls, LLC) Sr Secured Revolver Ref ABR Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 8/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.10% Total Coupon 11.91% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Commercial Services & Supplies Thermostat Purchaser III, Inc. (Reedy Industries) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.40% Total Coupon 12.79% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.40%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E1 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated E2 Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated F Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 04/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref Fixed Spread 12.50% PIK Total Coupon 12.50% Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Communications Equipment Plate Newco 1 Limited (Avanti) (United Kingdom) Subordinated G Term Loan Ref LIBOR(Q) Spread 12.50% PIK Total Coupon 12.50% Maturity 10/13/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[16]   0.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.26%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.26%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering CSG Buyer, Inc. (Core States) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.26% Total Coupon 11.61% Maturity 3/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.26%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.18% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Project Dream) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.19% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.96% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.10% PIK Total Coupon 13.44% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.44% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 11.10% PIK Total Coupon 15.46% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) First Lien Term Loan Ref SOFR(M) Floor 2.50% Spread 9.10% PIK Total Coupon 13.54% Maturity 3/13/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Homerenew Buyer, Inc. (Renovo) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 8.60% PIK Total Coupon 12.94% Maturity 11/23/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.80% Maturity 4/5/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[18] 6.25%  
Floor [1],[2],[18] 2.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 8.00% Total Coupon 13.47% Maturity 2/22/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   8.00%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Hylan Intermediate Holding II, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 10.00% Total Coupon 15.47% Maturity 3/11/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   10.00%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.51% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.00% Total Coupon 9.53% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering LJ Avalon Holdings, LLC (Ardurra) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 2/1/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.65%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering PlayPower, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 8/28/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Titan Home Improvement, LLC (Renuity) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Total Coupon 10.26% Maturity 5/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.00% Total Coupon 9.36% Maturity 9/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Construction and Engineering Vortex Companies, LLC Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 11.36% Maturity 9/04/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.64% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.66% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 9.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.50% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Freedom Financial Network Funding, LLC First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.25% Total Coupon 13.53% Maturity 9/21/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 9.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 11.83% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Lucky US BuyerCo, LLC (Global Payments) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 12.92% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Consumer Finance Money Transfer Acquisition Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.35% Total Coupon 13.71% Maturity 12/14/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 13.04% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Containers & Packaging BW Holding, Inc. (Brook & Whittle) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.65% Total Coupon 12.16% Maturity 12/14/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.65%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Containers & Packaging PVHC Holding Corp. First Lien Term Loan Ref SOFR(Q) Floor 2.50% Spread 6.15% Cash + 0.75% PIK Total Coupon 11.18% Maturity 2/17/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.15%  
Floor [1],[2] 2.50%  
Investment, Identifier [Axis]: Debt Investments Distributors Colony Display, LLC First Lien Term Loan (15% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 6.76% Cash + 3.00% PIK Total Coupon 15.11% Maturity 6/30/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Fusion Holding Corp. (Finalsite) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.72% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group GmbH (Germany) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 2.00% Spread 5.00% Cash + 5.00% PIK Total Coupon 15.37% Maturity 4/30/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien A Term Loan Ref Fixed Spread 2.50% Cash + 5.00% PIK Total Coupon 7.50% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Lien C Term Loan Ref Fixed Spread 3.50% Cash + 3.50% PIK Total Coupon 7.00% Maturity 9/30/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 3.50%  
Floor [1],[2],[13],[14] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Razor Group Holdings II, Inc. (Germany) First Out Delayed Draw Term Loan Ref Fixed Floor 0.00% Spread 15.00% Total Coupon 15.00% Maturity 9/15/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 15.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 4.50%  
Floor [1],[2],[13],[14] 2.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A1 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.33% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[14] 4.50%  
Floor [1],[2],[13],[14] 2.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien A2 Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) First Lien B Delayed Draw Term Loan Ref SOFR(Q) Floor 2.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.35% Maturity 5/23/2026    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[17]   2.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 5.00% Total Coupon 9.57% Maturity 10/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 5.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services SellerX Germany GmbH (Germany) Sr Secured Revolver Ref SOFR(Q) Floor 0.00% Spread 9.00% Total Coupon 13.49% Maturity 11/22/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 9.00%  
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.26% Total Coupon 14.61% Maturity 12/18/2026    
Schedule Of Investments [Line Items]    
Spread [6],[16]   9.26%
Floor [6],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC First Out Term Loan Ref SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Thras.io, LLC Second Out Term Loan SOFR(Q) Floor 1.00% Spread 10.26% PIK Total Coupon 14.55% Maturity 6/18/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services TransNetwork, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.87% Maturity 11/20/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.50%
Floor [6],[7]   0.50%
Investment, Identifier [Axis]: Debt Investments Diversified Consumer Services Whele, LLC (PerchHQ) First Lien Incremental Term Loan Ref SOFR(M) Floor 1.00% Spread 11.50%PIK Total Coupon 13.82% Maturity 10/15/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 2-10 Holdco, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.10% Total Coupon 11.46% Maturity 3/26/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.10%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services 36th Street Capital Partners Holdings, LLC Senior Note Ref Fixed(Q) Spread 12.00% Total Coupon 12.00% Maturity 11/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[20] 12.00%  
Floor [1],[2],[11],[20] 0.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 11.60% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.38% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.58% Maturity 11/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accordion Partners LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.35% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Accuserve Solutions, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.25% Total Coupon 10.03% Maturity 3/15/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Callodine Commercial Finance, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 11.26% Total Coupon 15.59% Maturity 11/3/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 11.26%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.87% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services GC Champion Acquisition LLC (Numerix) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.25% Total Coupon 11.71% Maturity 8/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Gordon Brothers Finance Company Unsecured Debt Ref LIBOR(M) Floor 1.00% Spread 11.00% Total Coupon 15.36% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[14] 11.00%  
Floor [1],[2],[11],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 12.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.62%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Libra Solutions Intermediate Holdco, LLC et al (fka Oasis Financial, LLC) Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 8.62% Total Coupon 13.97% Maturity 7/5/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.62%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 5.00%  
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Rialto Management Group, LLC Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.53% Maturity 12/5/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan B Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 6/28/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services SitusAMC Holdings Corporation First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.60% Total Coupon 9.93% Maturity 11/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.58% Total Coupon 11.23% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.85%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Wealth Enhancement Group, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 11.63% Maturity 10/4/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Financial Services Worldremit Group Limited (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 9.40% Total Coupon 14.78% Maturity 2/11/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12],[15]   9.40%
Floor [6],[7],[12],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 8.25% Total Coupon 14.26% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6]   8.25%
Floor [6]   1.00%
Investment, Identifier [Axis]: Debt Investments Diversified Telecommunication Services Aventiv Technologies, Inc. (Securus) Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 1.26% Cash + 8.05% PIK Total Coupon 13.92% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Bank Guarantee Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 12/31/2023    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Investment, Identifier [Axis]: Debt Investments Electric Utilities Kawa Solar Holdings Limited (Conergy) (Cayman Islands) Revolving Credit Facility Ref Fixed Maturity 6/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[11],[13],[21] 0.00%  
Floor [1],[2],[11],[13],[21] 0.00%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Electrical Equipment Spark Buyer, LLC (Sparkstone) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.25% Total Coupon 9.77% Maturity 10/15/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.90%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.32% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.90%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Appriss Health, LLC (PatientPing) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.08% Maturity 5/6/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.85%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 11.70% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.35%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology CareATC, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.85% Total Coupon 13.23% Maturity 3/14/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.85%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.27% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.36% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology ESO Solutions, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.28% Maturity 5/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 12.68% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 8.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Health Care Technology Gainwell Acquisition Corp. Second Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.10% Total Coupon 13.52% Maturity 10/2/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.51% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC First Lien Term Loan Ref SOFR(Q) Spread 6.15% Total Coupon 11.50% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Health Care Technology Sandata Technologies, LLC Sr Secured Revolver Ref SOFR(Q) Spread 6.15% Total Coupon 11.52% Maturity 7/23/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMA Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 11.43% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14],[23] 7.00%  
Floor [1],[2],[14],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services INH Buyer, Inc. (IMS Health) First Lien Term Loan (1.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.50% PIK Total Coupon 12.45% Maturity 6/28/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.51% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services PHC Buyer, LLC (Patriot Home Care) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.50% Maturity 5/4/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services RecordXTechnologies, LLC (Ontellus) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 5/20/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref Prime Floor 1.00% Spread 9.11% Total Coupon 13.47% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 9.11%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Healthcare Providers and Services Team Services Group, LLC Second Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 9.00% Total Coupon 14.88% Maturity 11/13/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   9.00%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Fishbowl, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.26% Total Coupon 10.61% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10]   5.26%
Floor [6],[7],[10]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.10% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Mesquite Bidco, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.48% Maturity 11/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   5.75%
Floor [6],[7],[15]   0.75%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Second Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.69% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 11.11% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   5.75%
Floor [6],[7],[15]   0.75%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure OCM Luxembourg Baccarat BidCo S.À R.L. (Interblock) (Slovenia) Sr Secured Revolver Ref SOFR(M) Floor 2.00% Spread 6.25% Total Coupon 10.78% Maturity 6/3/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.25%  
Floor [1],[2],[13] 2.00%  
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% . Spread 7.60% Total Coupon 12.97% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.60%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.60%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Hotels, Restaurants and Leisure Showtime Acquisition, L.L.C. (World Choice) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.60% Total Coupon 12.98% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.60%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.45% Maturity 11/9/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Household Durables Bad Boy Mowers JV Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 11.37% Maturity 11/09/2029    
Schedule Of Investments [Line Items]    
Spread [6]   6.00%
Floor [6]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.58% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Avalara, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 10/19/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.25%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 11.35% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.75%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Crewline Buyer, Inc. (New Relic) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.10% Maturity 11/8/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.75%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Ensono, Inc Second Lien Term Loan B Ref SOFR(M) Spread 8.11% Total Coupon 13.47% Maturity 5/28/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   8.11%
Investment, Identifier [Axis]: Debt Investments IT Services Idera, Inc. Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 11.47% Maturity 2/4/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.75%  
Floor [1],[2],[9] 0.75%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Intercept Bidco, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.47% Maturity 6/3/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.59% Cash + 1.51% PIK Total Coupon 11.84% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/29/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.00% Total Coupon 12.35% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Madison Logic Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 11.84% Maturity 12/30/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.88% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.83% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.50%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments IT Services Serrano Parent, LLC (Sumo Logic) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.50% Total Coupon 10.92% Maturity 5/13/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.35% Total Coupon 10.86% Maturity 7/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.35%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments IT Services Xactly Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.35% Total Coupon 12.74% Maturity 7/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 11.14% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   5.75%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance AmeriLife Holdings, LLC Sr Secured Revolver Ref SOFR(S) Floor 0.75% Spread 5.00% Total Coupon 9.70% Maturity 8/31/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.71% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC (Insurance Technologies) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 11.70% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.35%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.60% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC First Lien Term Loan Ref SOFR(A) Floor 1.00% Spread 6.35% Total Coupon 10.67% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.35%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance IT Parent, LLC Sr Secured Revolver Ref Prime Floor 1.00% Spread 5.25% Total Coupon 12.75% Maturity 10/1/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.50% Total Coupon 11.89% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.51% Maturity 8/25/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Insurance Integrity Marketing Acquisition, LLC Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 11.39% Maturity 8/27/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 6.11% Total Coupon 11.47% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.11%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Insurance Peter C. Foy & Associates Insurance Services, LLC (PCF Insurance) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 11/1/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.73% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.74% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.75% Maturity 11/1/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Acquia, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 10/31/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Anaconda, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.85% Maturity 8/22/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 13.47% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14] 9.14%  
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Astra Acquisition Corp. (Anthology) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 9.14% Total Coupon 14.48% Maturity 10/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   9.14%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco ,B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.00%  
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.00%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) First Lien Term Loan B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.25%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco B.V. (Netherlands) Sr Secured Revolver B Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   7.25%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.00%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) First Lien Term Loan A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.25%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.62% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.00%  
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Bynder Bidco, Inc. (Netherlands) Sr Secured Revolver A Ref SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 12.63% Maturity 1/26/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   7.25%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 3.00% Cash + 5.00% PIK Total Coupon 12.49% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 1.50%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien Delayed Draw Term Loan (7.0% Exit Fee) Ref SOFR(Q) Floor 1.50% Spread 5.76% Cash + 2.50% PIK Total Coupon 13.64% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[12]   1.50%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed (M) Spread 9.50% PIK Total Coupon 9.50% Maturity 8/19/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Domo, Inc. First Lien PIK Term Loan Ref Fixed Spread 9.50% PIK Total Coupon 9.50% Maturity 4/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Fishbowl, Inc. First Lien Term Loan (7.5% Exit Fee) Ref SOFR(Q) Floor 1.00% Spread 2.63% Cash + 2.63% PIK Total Coupon 9.59% Maturity 5/27/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[11],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 3.25% Cash + 3.25% PIK Total Coupon 10.97% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Gympass US, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 4.00% Cash + 4.00% PIK Total Coupon 13.47% Maturity 7/8/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 11.95% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services InMoment, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Cash + 2.50% PIK Total Coupon 12.96% Maturity 6/8/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Incremental Term Loan Ref Fixed Spread 12.00% Total Coupon 12.00% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [6],[8]   12.00%
Floor [6],[8]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.84% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.01% Total Coupon 11.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.01%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Second Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 6.25% PIK Total Coupon 12.60% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.51% Total Coupon 13.89% Maturity 7/27/2029    
Schedule Of Investments [Line Items]    
Spread [6],[8]   8.51%
Floor [6],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Magenta Buyer, LLC (McAfee) Second Lien Third Out Term Loan Ref SOFR(Q) Floor 0.75% Spread 1.76% Cash + 5.50% PIK Total Coupon 11.85% Maturity 7/27/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Incremental Term Loan SOFR(Q) Floor 1.00% Spread 7.25% Total Coupon 11.82% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.88% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 12.32% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.75%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Oranje Holdco, Inc. (KnowBe4) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.13% Maturity 2/1/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.75%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) Ref SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.84% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.50%
Floor [6],[7],[12]   1.80%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Persado, Inc. First Lien Term Loan (6.575% Exit Fee) SOFR(M) Floor 1.80% Spread 7.50% Total Coupon 12.05% Maturity 6/10/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.50%  
Floor [1],[2],[23] 1.80%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 12.01% PIK Total Coupon 12.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 1.50% PIK Total Coupon 9.01% Maturity 8/22/2029 One    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Pluralsight, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 8.15% Total Coupon 13.56% Maturity 4/6/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.15%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Quartz Holding Company (Quick Base) Second Lien Term Loan Ref SOFR(M) Spread 8.10% Total Coupon 13.46% Maturity 4/2/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.10%
Floor [6],[7]   0.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) EURIBOR(M) Spread 8.55% Total Coupon 11.49% Maturity 10/30/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23],[24] 8.55%  
Floor [1],[2],[13],[23],[24] 0.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services ResearchGate GmBH (Germany) First Lien Term Loan (4.0% Exit Fee) Ref EURIBOR(M) Spread 8.55% Total Coupon 12.55% Maturity 10/1/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12],[15],[25]   8.55%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. First Lien Term Loan SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 6.00% Total Coupon 11.36% Maturity 8/16/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.00%
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Sailpoint Technologies Holdings, Inc. Sr Secured Revolver SOFR(Q) Floor 0.75% Spread 6.00% Total Coupon 10.52% Maturity 8/16/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 11.78% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 0.90% Cash + 6.25% PIK Total Coupon 12.53% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15],[26]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). First Lien Term Loan SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 6.90%  
Floor [1],[2],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Spartan Bidco Pty Ltd (StarRez) (Australia). Sr Secured Revolver SOFR(M) Floor 0.75% Spread 6.90% Total Coupon 11.25% Maturity 1/24/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5],[13] 6.90%  
Floor [1],[2],[5],[13] 0.75%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 12.72% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.57% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 1.00% PIK Total Coupon 11.63% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services Suited Connector, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.20% Cash + 2.00% PIK Total Coupon 13.53% Maturity 12/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.76% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Internet Software and Services e-Discovery Acquireco, LLC (Reveal) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.89% Maturity 8/29/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail CommerceHub, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.40%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 8.00% Total Coupon 13.48% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   8.00%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Internet and Catalog Retail Syndigo, LLC Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.26% Total Coupon 12.89% Maturity 12/14/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 8.26%  
Floor [1],[2],[9] 0.75%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.92% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.92% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.99% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.95% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.90% Cash + 3.50% PIK Total Coupon 13.39% Maturity 6/15/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Leisure Products Blue Star Sports Holdings, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 6.00% cash + 3.50% PIK Total Coupon 14.94% Maturity 6/15/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Leisure Products Peloton Interactive, Inc. First Lien Term Loan Ref SOFR(S) Floor 0.50% Spread 7.10% Total Coupon 12.48% Maturity 5/25/2027    
Schedule Of Investments [Line Items]    
Spread [6],[8],[27]   7.10%
Floor [6],[8],[27]   0.50%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.55% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 11.66% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.15%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 11.44% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.10%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services Alcami Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 7.10% Total Coupon 12.46% Maturity 12/21/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 3.00%  
Investment, Identifier [Axis]: Debt Investments Life Sciences Tools & Services DNAnexus, Inc First Lien First Lien Term Loan Ref SOFR(M) Floor 3.00% Spread 5.25% Total Coupon 9.62% Maturity 12/20/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 3.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.65%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.65% Total Coupon 10.17% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.65%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.90% Total Coupon 12.28% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.90%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Machinery Sonny’s Enterprises, LLC Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.60% Total Coupon 10.05% Maturity 8/5/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 14.39% Maturity 1/3/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Media Khoros, LLC (Lithium) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.50% Cash + 4.50% PIK Total Coupon 15.59% Maturity 1/3/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al First Lien Term Loan (2.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 3.36% Cash + 1.50% PIK Total Coupon 9.22% Maturity 8/19/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.00% Total Coupon 11.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 7.00%  
Floor [1],[2],[9] 0.00%  
Investment, Identifier [Axis]: Debt Investments Media NEP Group, Inc. et al Second Lien Term Loan Ref SOFR(M) Spread 7.11% Total Coupon 12.47% Maturity 10/19/2026    
Schedule Of Investments [Line Items]    
Spread [6],[8]   7.11%
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.01% Cash + 0.50% PIK Total Coupon 12.89% Maturity 12/31/2024    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 One    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Streamland Media Midco LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.76% PIK Total Coupon 14.09% Maturity 3/31/2025 Two    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media TL Voltron Purchaser, LLC (GES) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.61% Maturity 12/31/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.73% Total Coupon 10.98% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 4.73%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Media Terraboost Media Operating Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.00% Maturity 8/23/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 13.48% Maturity 4/12/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[18] 9.15%  
Floor [1],[2],[18] 1.00%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Iracore International Holdings, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 9.15% Total Coupon 14.50% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[19]   9.15%
Floor [6],[7],[19]   1.00%
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% Total Coupon 11.23% Maturity 10/2/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.75%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Oil, Gas and Consumable Fuels Palmdale Oil Company, LLC First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.06% Maturity 4/12/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 1.00% Cash + 5.33% PIK Total Coupon 10.65% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products Alpine Acquisition Corp II (48Forty) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.44% Maturity 11/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.15% Total Coupon 11.56% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.15%
Floor [6],[7]   1.25%
Investment, Identifier [Axis]: Debt Investments Paper and Forest Products FSK Pallet Holding Corp. (Kamps) First Lien Term Loan Ref SOFR(Q) Floor 1.25% Spread 6.65% Total Coupon 11.33% Maturity 12/23/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.65%  
Floor [1],[2] 1.25%  
Investment, Identifier [Axis]: Debt Investments Pharmaceuticals Nephron Pharmaceuticals Corp. et al First Lien Term Loan B Ref SOFR(Q) Floor 1.50% Spread 9.00% Total Coupon 16.57% Maturity 9/11/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   9.00%
Floor [6],[7]   1.50%
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23] 8.86%  
Floor [1],[2],[13],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 13.22% Maturity 8/17/2025    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13],[23] 8.86%  
Floor [1],[2],[13],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Service TLE Holdings, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.60% Total Coupon 9.96% Maturity 6/28/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.60%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.50%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.50% Spread 6.00% Total Coupon 10.33% Maturity 10/24/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.00%  
Floor [1],[2],[5] 1.50%  
Investment, Identifier [Axis]: Debt Investments Professional Services Applause App Quality, Inc. Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.00% Total Coupon 10.40% Maturity 9/20/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   5.00%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref LIBOR(Q) Floor 1.00% Spread 1.00% Cash + 6.75% PIK Total Coupon 7.75% Maturity 6/1/2025    
Schedule Of Investments [Line Items]    
Floor [6],[7],[16]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services CIBT Solutions, Inc. Second Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.75% PIK Total Coupon 11.11% Maturity 12/31/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[14] 6.75%  
Floor [1],[2],[14] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services DTI Holdco, Inc. (Epiq Systems, Inc.) Second Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% Total Coupon 13.13% Maturity 4/26/2030    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   7.75%
Floor [6],[7],[8]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services GI Consilio Parent, LLC Second Lien Term Loan Ref SOFR(M) Floor 0.50% Spread 7.5O% Total Coupon 12.97% Maturity 5/14/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   7.50%
Floor [6],[7],[8]   0.50%
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services Huckabee Acquisition, LLC (MOREgroup) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 1/16/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 6.25% Total Coupon 10.88% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.38% Cash + 3.38.% PIK Total Coupon 12.62% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.38% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.75% Total Coupon 10.34% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services ICIMS, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 6.75% Total Coupon 12.10% Maturity 8/18/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.75%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Delayed Draw Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   8.86%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services JobandTalent USA, Inc. (United Kingdom) First Lien Term Loan (3.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 8.86% Total Coupon 14.22% Maturity 2/17/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   8.86%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) First Lien Delayed Draw Term Loan Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Professional Services Lighthouse Parent Holdings, Inc (Aperture) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.00% Total Coupon 9.37% Maturity 12/20/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.00%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.75%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Community Merger Sub Debt LLC (CINC Systems) Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 5.75% Total Coupon 10.11% Maturity 1/18/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.75%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.57% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[28] 6.43%  
Floor [1],[2],[28] 1.25%  
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Affordable Housing Initiatives, LLC, First Lien Delayed Draw Term Loan Ref SOFR(S) Floor 1.25% Spread 6.43% Total Coupon 11.84% Maturity 3/2/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[26]   6.43%
Floor [6],[7],[26]   1.25%
Investment, Identifier [Axis]: Debt Investments Real Estate Management and Development Greystone Select Company II, LLC (Passco) First Lien Term Loan Ref SOFR(M) Floor 1.50% Spread 6.61% Total Coupon 11.97% Maturity 3/21/2027    
Schedule Of Investments [Line Items]    
Spread 6.61% [1],[2] 6.61% [6],[7]
Floor 1.50% [1],[2] 1.50% [6],[7]
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Incremental 3 Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.36%  
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (Keep Trucking) First Lien Term Loan (1.0% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.36% Total Coupon 11.72% Maturity 4/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.36%  
Floor [1],[2],[23] 1.00%  
Investment, Identifier [Axis]: Debt Investments Road and Rail Motive Technologies, Inc. (fka Keep Truckin, Inc.) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.68% Total Coupon 13.18% Maturity 4/8/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.68%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.35%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.40% Total Coupon 11.79% Maturity 12/29/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.40%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 10.44% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[9] 6.10%  
Floor [1],[2],[9] 1.00%  
Investment, Identifier [Axis]: Debt Investments Semiconductors and Semiconductor Equipment Emerald Technologies (U.S.) AcquisitionCo, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.10% Total Coupon 11.46% Maturity 12/29/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[8]   6.10%
Floor [6],[7],[8]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aerospike, Inc. First Lien Term Loan (0.50% Exit Fee) Ref SOFR(M) Floor 1.00% Spread 7.50% Total Coupon 12.97% Maturity 12/29/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7],[12]   7.50%
Floor [6],[7],[12]   1.00%
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc. First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.25% Total Coupon 10.58% Maturity 6/27/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 2.00%  
Investment, Identifier [Axis]: Debt Investments Software AlphaSense, Inc.. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.00% Total Coupon 12.47% Maturity 31/11/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.00%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.65% Cash + 3.25% PIK Total Coupon 12.20% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.25% Total Coupon 9.59% Maturity 4/13/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Aras Corporation Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 4/13/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.19% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Backoffice Associates Holdings, LLC (Syniti) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.75% Total Coupon 13.14% Maturity 4/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.75%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR (S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.25%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.25% Total Coupon 10.64% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 6.25%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Bluefin Holding, LLC (Allvue) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 7.25% Total Coupon 12.72% Maturity 9/12/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Amendment 4 Term Loan Ref SOFR(Q) Floor 0.75% Spread 8.00% PIK Total Coupon 13.35% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Incremental Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.75% PIK Total Coupon 12.08% Maturity 9/27/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.43% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.00% Total Coupon 11.33% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.00%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Bonterra LLC (fka CyberGrants Holdings, LLC) Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 7.25% Total Coupon 12.60% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Cart.Com, Inc. First Lien Term Loan (2.5% Exit Fee) Ref SOFR(M) Floor 1.50% Spread 7.75% Total Coupon 12.11% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[23] 7.75%  
Floor [1],[2],[23] 1.50%  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.66% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Clever Devices Ltd. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.00% Total Coupon 10.36% Maturity 6/12/2030    
Schedule Of Investments [Line Items]    
Spread [1],[2] 6.00%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.01% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 7.50%  
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Disco Parent, Inc. (Duck Creek Technologies) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.50% Total Coupon 12.89% Maturity 3/30/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   7.50%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan A Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Delayed Draw Term Loan B Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien PIK Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Douglas Holdings, Inc (Docupace) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 5.75% Cash + 0.38% PIK Total Coupon 10.45% Maturity 8/27/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.28% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 7.76%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.15% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.76%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 12.35% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [1],[2],[13] 7.76%  
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Elastic Path Software, Inc. (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.76% Total Coupon 13.18% Maturity 1/6/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.76%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.08% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Fusion Risk Management, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 3.50% Cash + 3.75% PIK Total Coupon 12.62% Maturity 5/22/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc, First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.58% Cash + 4.30% PIK Total Coupon 12.22% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 2.67% Cash + 4.55% PIK Total Coupon 11.68% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolve Ref SOFR(Q) Floor 1.00% Spread 2.58% Cash + 4.30% PIK Total Coupon 11.21% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software GTY Technology Holdings Inc. Sr Secured Revolver Ref PRIME(Q) Floor 0.75% Spread 5.25% Total Coupon 13.75% Maturity 7/9/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   5.25%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Honey Intermediate, Inc. (iLobby) (Canada) Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 2.88% Cash + 3.38% PIK Total Coupon 10.61% Maturity 9/26/2030    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 3.25% Cash + 3.00% PIK Total Coupon 11.43% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. (Infinity Data, Inc.) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.15% Total Coupon 11.52% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.15%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.56% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Integrate.com, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 4.65% Cash + 2.25% PIK Total Coupon 11.23% Maturity 12/17/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 7.50% Total Coupon 12.02% Maturity 8/5/2028    
Schedule Of Investments [Line Items]    
Spread [1],[2] 7.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software JOBVITE, Inc. (Employ, Inc.) First Lien Term Loan Ref SOFR(S) Floor 0.75% Spread 8.00% Total Coupon 13.43% Maturity 8/7/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7]   8.00%
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 10.09% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 3.50%Cash + 2.50% PIK Total Coupon 11.38% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Kaseya, Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.83% Maturity 6/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 13.42% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Kong Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50%Cash + 3.25% PIK Total Coupon 14.21% Maturity 11/1/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2] 5.50%  
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Logicmonitor, Inc Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.50% Total Coupon 9.99% Maturity 11/19/2031    
Schedule Of Investments [Line Items]    
Spread [1],[2],[5] 5.50%  
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 12.50% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Nvest, Inc. (SigFig) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 7.50% Total Coupon 13.40% Maturity 9/15/2025    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.10%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Oversight Systems, Inc. First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.10% Total Coupon 11.48% Maturity 9/24/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.10%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.02% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 3.00%Cash + 3.50% PIK Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 0.065 Total Coupon 11.87% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15],[17]   0.065%
Floor [6],[7],[15],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Eiger BidCo Ltd. (Beqom) (Switzerland) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.00% Total Coupon 10.52% Maturity 5/9/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.50% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.15%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 7.15% Total Coupon 12.51% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   7.15%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Software SEP Raptor Acquisition, Inc. (Loopio) (Canada) Sr Secured Revolver Ref SOFR(S) Floor 1.00% Spread 5.50% Total Coupon 9.93% Maturity 3/31/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) First Lien Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.13%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Superman Holdings, LLC (Foundation Software) Sr Secured Revolver Ref SOFR(Q) Floor 1.00% Spread 6.13% Total Coupon 11.47% Maturity 8/31/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.13%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Thunder Purchaser, Inc. (Vector Solutions) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 5.25% Total Coupon 9.58% Maturity 6/30/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 5.50% Total Coupon 9.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Software Trintech, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.50% Total Coupon 11.86% Maturity 7/25/2029    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.50%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 3.00% + Cash 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. First Lien Term Loan Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 3.00% Cash + 3.25% PIK Total Coupon 11.61% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zendesk Inc. Sr Secured Revolver Ref SOFR(Q) Floor 0.75% Spread 5.00% Total Coupon 9.33% Maturity 11/22/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan (0.25% Exit Fee) Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[23] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated First Lien Term Loan Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7]   0.75%
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.00% Cash + 5.00% PIK Total Coupon 11.36% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2],[5] 0.75%  
Investment, Identifier [Axis]: Debt Investments Software Zilliant Incorporated Sr Secured Revolver Ref SOFR(M) Floor 0.75% Spread 2.10% Cash + 4.50% PIK Total Coupon 11.96% Maturity 12/21/2027    
Schedule Of Investments [Line Items]    
Floor [6],[7],[17]   0.75%
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 11.08% Maturity 8/15/2028    
Schedule Of Investments [Line Items]    
Floor [1],[2],[9] 2.00%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Calceus Acquisition, Inc. (Cole Haan) First Lien Term Loan Ref SOFR(Q) Floor 2.00% Spread 6.75% Total Coupon 12.10% Maturity 8/15/2029    
Schedule Of Investments [Line Items]    
Spread [6],[8]   6.75%
Floor [6],[8]   2.00%
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.35% Total Coupon 10.71% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Specialty Retail Hanna Andersson, LLC First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 7.60% Total Coupon 12.96% Maturity 7/2/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   7.60%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (Luxembourg) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.50% Total Coupon 11.01% Maturity 4/25/2031    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 1.00%  
Investment, Identifier [Axis]: Debt Investments Technology Hardware, Storage & Peripherals SumUp Holdings Luxembourg S.A.R.L. (United Kingdom) First Lien Delayed Draw Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.75% Total Coupon 12.27% Maturity 2/17/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7],[15]   6.75%
Floor [6],[7],[15]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.25%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. First Lien Term Loan Ref SOFR(S) Floor 1.00% Spread 6.35% Total Coupon 10.50% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(A) Floor 1.00% Spread 6.25% Total Coupon 10.34% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods James Perse Enterprises, Inc. Sr Secured Revolver Ref SOFR(M) Floor 1.00% Spread 6.25% Total Coupon 11.61% Maturity 9/8/2027    
Schedule Of Investments [Line Items]    
Spread [6],[7],[17]   6.25%
Floor [6],[7],[17]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(Q) Floor 1.00% Spread 6.65% Total Coupon 12.04% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Spread [6],[7]   6.65%
Floor [6],[7]   1.00%
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods PSEB, LLC (Eddie Bauer) First Lien Incremental Term Loan Ref SOFR(S) Floor 1.00% Spread 6.75% Total Coupon 11.49% Maturity 12/30/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2] 1.00%  
Investment, Identifier [Axis]: Debt Investments Textiles, Apparel and Luxury Goods WH Borrower, LLC First Lien Term Loan Ref SOFR(Q) Floor 0.50% Spread 5.50% Total Coupon 10.15% Maturity 2/15/2027    
Schedule Of Investments [Line Items]    
Floor [1],[2] 0.50%  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 10.84% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Floor [1],[2],[13] 0.00%  
Investment, Identifier [Axis]: Debt Investments Wireless Telecommunication Services OpenMarket, Inc. (Infobip) (United Kingdom) First Lien Term Loan Ref SOFR(Q) Floor 0.00% Spread 6.51% Total Coupon 11.86% Maturity 9/17/2026    
Schedule Of Investments [Line Items]    
Spread [6],[17]   6.51%
Floor [6],[17]   0.00%
Investment, Identifier [Axis]: Equity Securities Diversified Financial Services Gordon Brothers Finance Company Preferred Stock Ref Fixed Total Coupon 13.50%    
Schedule Of Investments [Line Items]    
Floor [2],[11],[21] 13.50%  
Investment, Identifier [Axis]: Equity Securities Trading Companies & Distributors Blackbird Holdco, Inc. (Ohio Transmission Corp.) Preferred Stock Fixed 12.50%    
Schedule Of Investments [Line Items]    
Spread [6],[7],[29]   12.50%
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, 2nd Lien Term Loan, SOFR + 10%, 1% SOFR Floor, due 3/11/2027    
Schedule Of Investments [Line Items]    
Spread 10.00% [30] 10.00% [31]
Floor 1.00% [30] 1.00% [31]
Debt instrument, maturity date Mar. 11, 2027 [30] Mar. 11, 2027 [31]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Incremental Term Loan, SOFR + 6.25%, 2% SOFR Floor, due 4/5/29    
Schedule Of Investments [Line Items]    
Spread [30] 6.25%  
Floor [30] 2.00%  
Debt instrument, maturity date [30] Apr. 05, 2029  
Investment, Identifier [Axis]: Non-Controlled Affiliates, Hylan Intermediate Holdings II LLC, Senior Secured 1st Lien Term Loan, SOFR + 8%, 1% SOFR Floor, due 2/22/26    
Schedule Of Investments [Line Items]    
Spread 8.00% [30] 8.00% [31]
Floor 1.00% [30] 1.00% [31]
Debt instrument, maturity date Feb. 22, 2026 [30] Feb. 22, 2026 [31]
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, LIBOR + 9%, 1% LIBOR Floor, due 4/12/24    
Schedule Of Investments [Line Items]    
Spread [31]   9.00%
Floor [31]   1.00%
Debt instrument, maturity date [31]   Apr. 12, 2024
Investment, Identifier [Axis]: Non-Controlled Affiliates, Iracore International Holdings, Inc., Senior Secured 1st Lien Term Loan, SOFR + 9%, 1% SOFR Floor, due 4/12/26    
Schedule Of Investments [Line Items]    
Spread [30] 9.00%  
Floor [30] 1.00%  
Debt instrument, maturity date [30] Apr. 12, 2026  
Investment, Identifier [Axis]: ebt Investments Electric Utilities Conergy Asia & ME Pte. Ltd. (Singapore) First Lien Term Loan Ref Fixed Maturity 06/30/2024    
Schedule Of Investments [Line Items]    
Spread [6],[7],[10],[15],[22]   0.00%
Floor [6],[7],[10],[15],[22]   0.00%
Controlled Investments | Maximum    
Schedule Of Investments [Line Items]    
Percentage of outstanding voting securities 25.00%  
[1] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act of 1933 (the “Securities Act”). Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[2] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[3] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[4] The issuers of the securities listed on this schedule are considered controlled affiliates under the 1940 Act due to the ownership by the Company of more than 25% of the issuers' voting securities.
[5] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[6] Debt investments include investments in bank debt that generally are bought and sold among institutional investors in transactions not subject to registration under the Securities Act. Such transactions are generally subject to contractual restrictions, such as approval of the agent or borrower.
[7] Inputs in the valuation of this investment included certain unobservable inputs that were significant to the valuation as a whole.
[8] Investment has been segregated to collateralize certain unfunded commitments.
[9] Investment has been segregated to collateralize certain unfunded commitments.
[10] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[11] Controlled issuer – as defined under the 1940 Act (ownership of 25% or more of the outstanding voting securities of this issuer). Investment is not more than 50% of the outstanding voting securities of the issuer nor deemed to be a significant subsidiary. See Consolidated Schedule of Changes in Investments in Affiliates.
[12] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[13] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[14] Non-accruing debt investment.
[15] Non-U.S. company or principal place of business outside the U.S. and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[16] Non-accruing debt investment.
[17] Negative balances relate to an unfunded commitment that was acquired and/or valued at a discount.
[18] Non-controlled affiliate – as defined under the Investment Company Act of 1940 (the "1940 Act") (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[19] Non-controlled affiliate – as defined under the 1940 Act (ownership of between 5% and 25% of the outstanding voting securities of this issuer). See Consolidated Schedule of Changes in Investments in Affiliates.
[20] Restricted security. (See Note 2)
[21] Other non-income producing investment.
[22] Other non-income producing investment.
[23] In addition to the stated coupon, investment has an exit fee payable upon repayment of the loan in an amount equal to the percentage of the original principal amount shown.
[24] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[25] Investment denominated in foreign currency. Amortized cost and fair value converted from foreign currency to U.S. dollars. Foreign currency denominated investments are generally hedged for currency exposure.
[26] Deemed not an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[27] Publicly traded company with a market capitalization greater than $250 million and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[28] Deemed an investment company under Section 3(c) of the 1940 Act and as a result the investment is not a qualifying asset under Section 55(a) of the 1940 Act. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70% of the Company's total assets.
[29] Restricted security. (See Note 2)
[30] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
[31] The issuers of the securities listed on this schedule are considered non-controlled affiliates under the 1940 Act due to the ownership by the Company of 5% to 25% of the issuers' voting securities.
v3.25.0.1
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers - Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Details)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
48forty Intermediate Holdings, Inc. (Alpine Acquisition) | Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Nov. 05, 2024  
AGY Equity, LLC | Class A Preferred Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Sep. 03, 2020 Sep. 03, 2020
AGY Equity, LLC | Class B Preferred Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Sep. 03, 2020 Sep. 03, 2020
AGY Equity, LLC | Class C Common Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Sep. 03, 2020 Sep. 03, 2020
Blackbird Purchaser, Inc. (Ohio Transmission Corp.) | Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Dec. 14, 2021 Dec. 14, 2021
Elevate Brands OpCo, LLC | Warrants to Purchase Elevate Common Shares in MXP    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Jul. 26, 2023
Elevate Brands OpCo, LLC | Warrants to Purchase SellerX Common Shares in MXP    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Jul. 26, 2023
Fidelis (SVC), LLC | Series C Preferred Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Dec. 31, 2019 Dec. 31, 2019
Foursquare Labs, Inc. | Warrants to Purchase Series E Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date May 04, 2017 May 04, 2017
GACP I, LP (Great American Capital) | Membership Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Oct. 01, 2015
GACP II, LP (Great American Capital) | Membership Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Jan. 12, 2018
GlassPoint, Inc. | Warrants to Purchase Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Feb. 07, 2017 Feb. 07, 2017
Grey Orange International Inc | Warrants to Purchase Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date May 05, 2022 May 05, 2022
INH Buyer, Inc. (IMS Health) | Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Dec. 16, 2024  
InMobi, Inc. (Singapore) | Warrants to Purchase Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Aug. 22, 2017 Aug. 22, 2017
InMobi, Inc. (Singapore) | Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Sep. 18, 2015 Sep. 18, 2015
InMobi, Inc. (Singapore) | Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Oct. 01, 2018 Oct. 01, 2018
Inotiv, Inc. | Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 30, 2022 Mar. 30, 2022
PerchHQ | Warrants for Common Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Sep. 30, 2022
Pluralsight, Inc. | Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Aug. 22, 2024  
Plate Newco 1 Limited (Avanti) (United Kingdom) | Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Apr. 13, 2022 Apr. 13, 2022
Pico Quantitative Trading Holdings, LLC | Warrants to Purchase Membership Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Feb. 07, 2020 Feb. 07, 2020
Quora, Inc. | Warrants to Purchase Series D Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Apr. 12, 2019 Apr. 12, 2019
Razor Group GmbH (Germany) | Warrants to Purchase Series C Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Dec. 23, 2022  
Razor Group GmbH (Germany) | Warrants to Purchase Preferred Series A1 Shares    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Apr. 28, 2021 Apr. 28, 2021
Razor | Warrants to Purchase Series C Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Dec. 23, 2022
Razor US LP | Class A Preferred Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Feb. 28, 2024  
ResearchGate Corporation (Germany) | Warrants to Purchase Series D Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Nov. 07, 2019 Nov. 07, 2019
Elevate Brands HoldCo Inc | Warrants to Purchase Elevate Common Shares in MXP    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jul. 26, 2023  
Elevate Brands HoldCo Inc | Warrants to Purchase Elevate Preferred New Super Senior Shares    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jul. 26, 2023  
SellerX Germany GmbH (Germany) | Warrants to Purchase SellerX Common Shares in MXP    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Nov. 23, 2021 Nov. 23, 2021
SnapLogic, Inc. | Warrants to Purchase Series Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 20, 2018 Mar. 20, 2018
Soraa, Inc. | Warrants to Purchase Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date   Aug. 29, 2014
SoundCloud, Ltd. | Warrants to Purchase Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Apr. 30, 2015 Apr. 30, 2015
Stitch Holdings, L.P. | LP Units [Member]    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 15, 2024  
Suited Connector, LLC, (Suco Investors, LP) | Warrants to Purchase Class A Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 06, 2023 Mar. 06, 2023
Thras.io, LLC | Common Units    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jun. 18, 2024  
Tradeshift, Inc. | Warrants to Purchase Series D Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 09, 2017 Mar. 09, 2017
Utilidata, Inc. | Common Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jul. 06, 2020 Jul. 06, 2020
Utilidata, Inc. | Series A-1 Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jul. 06, 2020 Jul. 06, 2020
Utilidata, Inc. | Series A-2 Preferred Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jul. 06, 2020 Jul. 06, 2020
WorldRemit Group Limited | Series X Shares    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Jun. 24, 2024  
WorldRemit Group Limited | Warrants to Purchase Series D Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Feb. 11, 2021 Feb. 11, 2021
WorldRemit Group Limited | Warrants To Purchase Series E Stock    
Summary Of Investment Holdings [Line Items]    
Acquisition Date Mar. 15, 2024  
v3.25.0.1
Consolidated Schedule of Restricted Securities of Unaffiliated Issuers - Consolidated Schedule of Restricted Securities of Unaffiliated Issuers (Parenthetical) (Details) - $ / shares
Dec. 31, 2024
Dec. 31, 2023
Warrants to Purchase Series E Preferred Stock (Strike Price $20.01)    
Summary Of Investment Holdings [Line Items]    
Strike price 20.01 20.01
Warrants to Purchase Series E Preferred Stock (Strike Price $28.58)    
Summary Of Investment Holdings [Line Items]    
Strike price 28.58 28.58
v3.25.0.1
Supplementary Data (Unaudited) - Schedule of Financial Highlights (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Investment Company, Financial Highlights [Line Items]                    
Per share NAV at beginning of period $ 11.9 $ 12.93 $ 14.36 $ 13.24 $ 13.21          
Net investment income before excise taxes 1.66 1.85 1.53 1.26 1.43          
Excise taxes 0 (0.01) 0 0 0          
Net investment income [1] 1.66 1.84 1.53 1.26 1.43          
Net realized and unrealized gain (loss) [1] (2.6) (1.18) (1.69) 1.17 (0.16)          
Issuance of convertible debt 0 0 0 0 0          
Repurchase of preferred interests 0.01 0 0 0 0.12          
Per share NAV at end of period $ 9.23 $ 11.9 $ 12.93 $ 14.36 $ 13.24 $ 13.21        
Total return based on market value [2] (11.90%) 2.20% 5.20% 30.90% (10.60%)          
Total return based on net asset value [3] (10.20%) 5.10% (1.10%) 17.50% 10.20%          
Balance (Shares) 85,080,447 57,767,264 57,767,264 57,767,264 57,767,264          
Ending common shareholder equity $ 785,123,667 $ 687,601,546 $ 746,753,790 $ 829,456,636 $ 764,986,578          
Weighted-average leverage outstanding $ 1,234,022,372 $ 1,001,667,440 $ 1,023,880,532 $ 985,506,056 $ 936,157,021          
Weighted-average interest rate on leverage 5.40% 4.40% 3.50% 3.60% 3.90%          
Weighted-average number of common shares 79,670,868 57,767,264 57,767,264 57,767,264 57,991,233          
Weighted Average Debt Per Share $ 15.49 $ 17.34 $ 17.72 $ 17.06 $ 16.14          
Asset Coverage:                    
Debt outstanding [4] $ 1,126,314,826 $ 988,555,830 $ 949,062,241 $ 1,019,339,449 $ 856,324,371          
Asset coverage per $1,000 of debt outstanding $ 1,789 [5] $ 1,643 [5] $ 1,929 [5] $ 1,948 [5] $ 2,058 [5] $ 1,992 $ 2,157 $ 2,335 $ 2,352 $ 2,429
Supplementary Data                    
Investment Company, Financial Highlights [Line Items]                    
Per share NAV at beginning of period         $ 13.21 $ 14.13 $ 14.8 $ 14.91 $ 14.78 $ 15.01
Net investment income before excise taxes           1.61 1.59 1.99 1.88 2.07
Excise taxes           0 0 0 (0.01) (0.02)
Net investment income           1.61 1.59 1.99 1.87 2.05
Net realized and unrealized gain (loss)           (1.09) (0.82) (0.4) 0 (0.45)
Incentive allocation reserve and distributions               (0.4) (0.37) (0.41)
Total from investment operations           0.52 0.77 1.19 1.5 1.18
Issuance of common stock           0 0 0.14 0.01 0
Issuance of convertible debt           0 0 0 0.06 0
Repurchase of preferred interests           0 0 0 0 0.03
Net investment income           (1.44) (1.44) (1.44) (1.44) (1.44)
Per share NAV at end of period           13.21 14.13 14.8 14.91 14.78
Per share market price at end of period           $ 14.05 $ 13.04 $ 15.28 $ 16.9 $ 13.93
Total return based on market value           18.80% (5.20%) (1.10%) 31.70% (8.40%)
Total return based on net asset value           3.70% 5.20% 8.90% 10.60% 8.10%
Balance (Shares)           58,766,426 58,774,607 58,847,256 53,041,900 48,834,734
Net investment income           11.60% 10.80% 10.60% 10.10% 10.90%
Expenses           9.80% 8.50% 7.30% 6.90% 6.20%
Expenses and Incentive Compensation           12.30% 11.20% 9.90% 9.40% 8.90%
Ending common shareholder equity           $ 776,318,386 $ 830,474,727 $ 870,728,126 $ 790,935,991 $ 721,977,017
Portfolio turnover rate           35.90% 32.30% 45.90% 37.90% 37.80%
Weighted-average leverage outstanding           $ 902,977,493 $ 769,065,775 $ 623,666,655 $ 542,421,190 $ 513,312,510
Weighted-average interest rate on leverage           4.60% 4.60% 4.50% 3.90% 3.20%
Weighted-average number of common shares           58,766,362 58,815,216 57,000,658 50,948,035 48,863,188
Weighted Average Debt Per Share           $ 15.37 $ 13.08 $ 10.94 $ 10.65 $ 10.51
Asset Coverage:                    
Debt outstanding           $ 915,514,071 $ 812,007,389 $ 733,824,353 $ 579,906,288 $ 502,410,321
Asset coverage per $1,000 of debt outstanding           $ 1,992 $ 2,157 $ 2,335 $ 2,344 $ 2,423
Series A preferred equity | Supplementary Data                    
Investment Company, Financial Highlights [Line Items]                    
Dividends on preferred equity facility           $ 0 $ 0 $ 0 $ 0 $ (0.01)
[1] Amounts shown reflect the impact of the purchase discount recorded in connection with the Merger and were computed based on the actual amounts earned or incurred by the Company divided by the actual shares outstanding in the respective accounting periods before and after the closing of the Merger on March 18, 2024.
[2] Total return based on market value is calculated by determining the percentage change in market value per share during the period.
[3] Total return based on net asset value is calculated by determining the percentage change in net asset value per share during the period, including incentive compensation and all Company expenses including interest and other debt costs.
[4] Excludes unamortized debt issuance costs which are netted in the Consolidated Statements of Assets and Liabilities.
[5] Excludes SBA Debentures.
v3.25.0.1
Supplementary Data (Unaudited) - Schedule of Financial Highlights (Details) (Parenthetical) - USD ($)
Dec. 31, 2024
Dec. 31, 2019
Investment Company, Financial Highlights [Line Items]    
Amount to determine asset coverage per unit $ 1,000  
Supplementary Data    
Investment Company, Financial Highlights [Line Items]    
Amount to determine asset coverage per unit   $ 1,000