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Financial report summary
?Management Discussion
- Net increase (decrease) in net assets from operations can vary from period to period as a result of various factors, including acquisitions, the level of new investment commitments, the recognition of realized gains and losses and changes in unrealized appreciation and depreciation in the investment portfolio.
- For the period from July 17, 2023 (commencement of operations) to December 31, 2023, total investment income was driven by the Fund’s deployment of capital and invested balance of investments. The size of the Fund’s investment portfolio at fair value was approximately $67.3 million as of December 31, 2023 and, as of such date, all of the Fund’s debt investments were income- producing.
- Interest income on the Fund’s debt investments is dependent on the composition and credit quality of the portfolio. Generally, the Fund expects the portfolio to generate predictable quarterly interest income based on the terms stated in each loan’s credit agreement. As of December 31, 2023, all of the Fund’s debt investments were performing and current on their interest payments.