Kayne DL 2021 10-Q 15 May 23 2023 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2023	May 10, 2023
Document Information [Line Items]
Entity Registrant Name	Kayne DL 2021, Inc.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		26,231
Amendment Flag	false
Entity Central Index Key	0001850787
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
Document Quarterly Report	true
Document Transition Report	false
Securities Act File Number	814-01393
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	86-2440860
Entity Address, Address Line One	811 Main Street
Entity Address, Address Line Two	14th Floor
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77002
City Area Code	(713)
Local Phone Number	493-2020
Entity Interactive Data Current	Yes

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investments, at fair value:
Long-term investments (amortized cost of $128,530 and $105,083)	$ 131,248	$ 107,312
Short-term investments (amortized cost of $2,938)	2,938
Cash and cash equivalents	1,125	715
Receivable for principal payments on investments	24	22
Interest receivable	1,201	972
Prepaid expenses and other assets	72	101
Total Assets	136,608	109,122
Liabilities:
Subscription Credit Facility (Note 6)		750
Unamortized Subscription Credit Facility issuance costs	(50)	(35)
Payable for investments purchased		137
Distributions payable	2,952	1,768
Management fee payable	221	156
Accrued expenses and other liabilities	345	438
Total Liabilities	3,468	3,214
Commitments and contingencies (Note 8)
Net Assets:
Common Shares, $0.001 par value; 100,000 shares authorized; 25,668 and 20,554 as of March 31, 2023 and December 31, 2022, respectively, issued and outstanding
Additional paid-in capital	130,561	103,811
Total distributable earnings (deficit)	2,579	2,097
Total Net Assets	133,140	105,908
Total Liabilities and Net Assets	$ 136,608	$ 109,122
Net Asset Value Per Common Share (in Dollars per share)	$ 5,187	$ 5,153

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Long-term investments (amortized cost) (in Dollars)	$ 128,530	$ 105,083
Short-term investments (amortized cost) (in Dollars)	$ 2,938
Common Shares, par value (in Dollars per share)	$ 0.001	$ 0.001
Common Shares, shares authorized	100,000	100,000
Common Shares, shares issued	25,668	20,554
Common Shares, shares outstanding	25,668	20,554

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Investment income from investments:
Interest income		$ 3,499	$ 346
Total Investment Income		3,499	346
Expenses:
Interest expense		111	18
Management fees		221	33
Professional fees		85	99
Directors fees		35	27
Offering costs			35
Other general and administrative expenses		101	98
Total Expenses		553	310
Net Investment Income (Loss)		2,946	36
Net realized gains (losses):
Investments
Total net realized gains (losses)
Net change in unrealized gains (losses):
Investments		488	238
Total net change in unrealized gains (losses)		488	238
Total realized and unrealized gains (losses)		488	238
Net Increase (Decrease) in Net Assets Resulting from Operations		$ 3,434	$ 274
Per Common Share Data:
Basic and diluted net investment income per common share (in Dollars per share)	[1]	$ 131	$ 4
Basic and diluted net increase in net assets resulting from operations (in Dollars per share)		$ 152	$ 32
Weighted Average Common Shares Outstanding - Basic and Diluted (in Shares)		22,546	8,600
[1]The per common share data was derived by using weighted average shares outstanding.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Basic and diluted net investment income per common share (in Dollars per share)	$ 131	$ 4
Basic and diluted net increase in net assets resulting from operations (in Dollars per share)	$ 152	$ 32
Weighted Average Common Shares Outstanding - Basic and Diluted (in Shares) (in Shares)	22,546	8,600

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Increase (Decrease) in Net Assets Resulting from Operations:
Net investment income (loss)	$ 2,946	$ 36
Net realized gains (losses) on investments
Net change in unrealized gains (losses) on investments	488	238
Net Increase (Decrease) in Net Assets Resulting from Operations	3,434	274
Decrease in Net Assets Resulting from Stockholder Distributions
Dividends and distributions to stockholders	(2,952)
Net Decrease in Net Assets Resulting from Stockholder Distributions	(2,952)
Increase in Net Assets Resulting from Capital Share Transactions
Issuance of common shares	25,000
Reinvestment of distributions	1,750
Net Increase in Net Assets Resulting from Capital Share Transactions	26,750
Total Increase (Decrease) in Net Assets	27,232	274
Net Assets, Beginning of Period	105,908	42,879
Net Assets, End of Period	$ 133,140	$ 43,153

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities:
Net increase (decrease) in net assets resulting from operations	$ 3,434	$ 274
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash used in operating activities:
Net realized (gains)/losses on investments
Net change in unrealized (gains)/losses on investments	(488)	(238)
Net accretion of discount on investments	(194)	(26)
Sales (purchases) of short-term investments, net	(2,938)	12,293
Purchases of portfolio investments	(24,044)	(12,478)
Proceeds from sales of investments and principal repayments	790	94
Amortization of deferred financing cost	40	9
Increase/(decrease) in operating assets and liabilities:
(Increase)/decrease in interest and dividends receivable	(229)	(111)
(Increase)/decrease in deferred offering costs		36
(Increase)/decrease in receivable for principal payments on investments	(2)
(Increase)/decrease in prepaid expenses and other assets	29	33
Increase/(decrease) in payable for investments purchased	(137)
Increase/(decrease) in management fees payable	65	31
Increase/(decrease) in accrued organizational and offering costs, net		(460)
Increase/(decrease) in accrued other general and administrative expenses	(93)	155
Net cash used in operating activities	(23,767)	(388)
Cash Flows from Financing Activities:
Borrowings/(payments) on subscription credit facility, net	(750)	5,000
Payments of debt issuance costs	(55)	(95)
Distributions paid in cash	(18)
Proceeds from issuance of common shares	25,000
Net cash provided by financing activities	24,177	4,905
Net increase in cash and cash equivalents	410	4,517
Cash and cash equivalents, beginning of period	715	266
Cash and cash equivalents, end of period	1,125	4,783
Supplemental and Non-Cash Information:
Interest paid during the period	72
Non-cash financing activities not included herein consisted of reinvestment of dividends	$ 1,750

Consolidated Schedule of Invest

Consolidated Schedule of Investments - Debt Investments [Member] - USD ($) $ in Thousands		Mar. 31, 2023		Dec. 31, 2022
Aerospace & defense [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 4,868	[1]	$ 4,881	[3],[4]
Amortized Cost (in Dollars)	[2],[6]	$ 4,748	[1],[5]	$ 4,755	[3],[4],[7]
Percentage of Net Assets	[2]	3.70%	[1]	4.60%	[3],[4]
Principal / Par (in Dollars)	[2]	$ 4,872	[1]	$ 4,885	[3],[4]
Aerospace & defense [Member] | First lien senior secured revolving loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]		[1],[8]		[3],[4]
Amortized Cost (in Dollars)	[2],[6]		[1],[5],[8]		[3],[4],[7]
Percentage of Net Assets	[2]	0%	[1],[8]	0%	[3],[4]
Interest Rate	[2]	11.58%	[1],[8]	11.10%	[3],[4]
Principal / Par (in Dollars)	[2]		[1],[8]		[3],[4]
Maturity Date	[2]	Dec. 05, 2028	[1],[8]	Dec. 05, 2028	[3],[4]
Investment Interest Rate	[2]	6.50%	[1],[8]	6.50%	[3],[4]
Aerospace & defense [Member] | First lien senior secured loan [Member] | Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 4,589	[1],[8]	$ 4,601	[3],[4]
Amortized Cost (in Dollars)	[2],[6]	$ 4,471	[1],[5],[8]	$ 4,477	[3],[4],[7]
Percentage of Net Assets	[2]	3.50%	[1],[8]	4.30%	[3],[4]
Interest Rate	[2]	11.58%	[1],[8]	11.10%	[3],[4]
Principal / Par (in Dollars)	[2]	$ 4,589	[1],[8]	$ 4,601	[3],[4]
Maturity Date	[2]	Dec. 05, 2028	[1],[8]	Dec. 05, 2028	[3],[4]
Investment Interest Rate	[2]	6.50%	[1],[8]	6.50%	[3],[4]
Aerospace & defense [Member] | First lien senior secured loan [Member] | Precinmac (US) Holdings, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 279	[1]	$ 280	[3],[4]
Amortized Cost (in Dollars)	[2],[6]	$ 277	[1],[5]	$ 278	[3],[4],[7]
Percentage of Net Assets	[2]	0.20%	[1]	0.30%	[3],[4]
Interest Rate	[2]	10.91%	[1]	10.42%	[3],[4]
Principal / Par (in Dollars)	[2]	$ 283	[1]	$ 284	[3],[4]
Maturity Date	[2]	Aug. 31, 2027	[1]	Aug. 31, 2027	[3],[4]
Investment Interest Rate	[2]	6%	[1]	6%	[3],[4]
Asset management & custody banks [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 215	[1]	$ 212	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 193	[1],[5]	$ 187	[3],[7]
Percentage of Net Assets	[2]	0.20%	[1]	0.20%	[3]
Principal / Par (in Dollars)	[2]	$ 215	[1]	$ 216	[3]
Asset management & custody banks [Member] | First lien senior secured delayed draw loan [Member] | Atria Wealth Solutions, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	215	[1]	212	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 193	[1],[5]	$ 187	[3],[7]
Percentage of Net Assets	[2]	0.20%	[1]	0.20%	[3]
Interest Rate	[2]	11.16%	[1]	10.84%	[3]
Principal / Par (in Dollars)	[2]	$ 215	[1]	$ 216	[3]
Maturity Date	[2]	Feb. 29, 2024	[1]	Feb. 29, 2024	[3]
Investment Interest Rate	[2]	6%	[1]	6%	[3]
Auto components [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 2,693	[1]	$ 1,701	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 2,642	[1],[5]	$ 1,689	[3],[7]
Percentage of Net Assets	[2]	2%	[1]	1.60%	[3]
Principal / Par (in Dollars)	[2]	$ 2,693	[1]	$ 1,714	[3]
Auto components [Member] | First lien senior secured loan [Member] | Speedstar Holding LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1],[2]	796
Amortized Cost (in Dollars)	[1],[2],[5],[6]	$ 773
Percentage of Net Assets	[1],[2]	0.60%
Interest Rate	[1],[2]	12.16%
Principal / Par (in Dollars)	[1],[2]	$ 796
Maturity Date	[1],[2]	Jan. 22, 2027
Investment Interest Rate	[1],[2]	7.25%
Auto components [Member] | First lien senior secured loan [Member] | Vehicle Accessories, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 1,710	[1]	1,701	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 1,687	[1],[5]	$ 1,689	[3],[7]
Percentage of Net Assets	[2]	1.30%	[1]	1.60%	[3]
Interest Rate	[2]	10.66%	[1]	10.34%	[3]
Principal / Par (in Dollars)	[2]	$ 1,710	[1]	$ 1,714	[3]
Maturity Date	[2]	Nov. 30, 2026	[1]	Nov. 30, 2026	[3]
Investment Interest Rate	[2]	5.50%	[1]	5.50%	[3]
Auto components [Member] | First lien senior secured delayed draw loan [Member] | Speedstar Holding LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1],[2]	$ 187
Amortized Cost (in Dollars)	[1],[2],[5],[6]	$ 182
Percentage of Net Assets	[1],[2]	0.10%
Interest Rate	[1],[2]	12.31%
Principal / Par (in Dollars)	[1],[2]	$ 187
Maturity Date	[1],[2]	Jan. 22, 2027
Investment Interest Rate	[1],[2]	7.25%
Biotechnology [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 4,099	[1]	$ 4,069	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 3,932	[1],[5]	$ 3,935	[3],[7]
Percentage of Net Assets	[2]	3.10%	[1]	3.80%	[3]
Principal / Par (in Dollars)	[2]	$ 4,099	[1]	$ 4,110	[3]
Biotechnology [Member] | First lien senior secured revolving loan [Member] | Alcami Corporation (Alcami) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]		[1]		[3]
Amortized Cost (in Dollars)	[2],[6]		[1],[5]		[3],[7]
Percentage of Net Assets	[2]	0%	[1]	0%	[3]
Interest Rate	[2]	11.91%	[1]	11.42%	[3]
Principal / Par (in Dollars)	[2]		[1]		[3]
Maturity Date	[2]	Dec. 21, 2028	[1]	Dec. 21, 2028	[3]
Investment Interest Rate	[2]	7%	[1]	7%	[3]
Biotechnology [Member] | First lien senior secured loan [Member] | Alcami Corporation (Alcami) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 4,099	[1]	$ 4,069	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 3,932	[1],[5]	$ 3,935	[3],[7]
Percentage of Net Assets	[2]	3.10%	[1]	3.80%	[3]
Interest Rate	[2]	11.91%	[1]	11.42%	[3]
Principal / Par (in Dollars)	[2]	$ 4,099	[1]	$ 4,110	[3]
Maturity Date	[2]	Dec. 21, 2028	[1]	Dec. 21, 2028	[3]
Investment Interest Rate	[2]	7%	[1]	7%	[3]
Biotechnology [Member] | First lien senior secured delayed draw loan [Member] | Alcami Corporation (Alcami) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]
Amortized Cost (in Dollars)	[2],[3],[6],[7]
Percentage of Net Assets	[2],[3]			0%
Interest Rate	[2],[3]			11.42%
Principal / Par (in Dollars)	[2],[3]
Maturity Date	[2],[3]			Jun. 30, 2024
Investment Interest Rate	[2],[3]			7%
Biotechnology [Member] | First lien senior secured delayed draw loan [Member] | Alcami Corporation (Alcami) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1],[2]
Amortized Cost (in Dollars)	[1],[2],[5],[6]
Percentage of Net Assets	[1],[2]	0%
Interest Rate	[1],[2]	11.91%
Principal / Par (in Dollars)	[1],[2]
Maturity Date	[1],[2]	Jun. 30, 2024
Investment Interest Rate	[1],[2]	7%
Building products [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,265	[2]	$ 2,282
Amortized Cost (in Dollars)	[1],[6]	$ 2,233	[2],[5]	$ 2,237	[7]
Percentage of Net Assets	[1]	1.70%	[2]	2.20%
Principal / Par (in Dollars)	[1]	$ 2,265	[2]	$ 2,271
Building products [Member] | First lien senior secured revolving loan [Member] | BCI Burke Holding Corp. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]		[1]		[3]
Amortized Cost (in Dollars)	[2],[6]		[1],[5]		[3],[7]
Percentage of Net Assets	[2]	0%	[1]	0%	[3]
Interest Rate	[2]	10.66%	[1]	9.70%	[3]
Principal / Par (in Dollars)	[2]		[1]		[3]
Maturity Date	[2]	Jun. 14, 2027	[1]	Jun. 14, 2027	[3]
Investment Interest Rate	[2]	5.50%	[1]	5.50%	[3]
Building products [Member] | First lien senior secured loan [Member] | BCI Burke Holding Corp. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 2,180	[1]	$ 2,197	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 2,151	[1],[5]	$ 2,155	[3],[7]
Percentage of Net Assets	[2]	1.60%	[1]	2.10%	[3]
Interest Rate	[2]	10.66%	[1]	10.23%	[3]
Principal / Par (in Dollars)	[2]	$ 2,180	[1]	$ 2,186	[3]
Maturity Date	[2]	Dec. 14, 2027	[1]	Dec. 14, 2027	[3]
Investment Interest Rate	[2]	5.50%	[1]	5.50%	[3]
Building products [Member] | First lien senior secured delayed draw loan [Member] | BCI Burke Holding Corp. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2]	$ 85	[1]	$ 85	[3]
Amortized Cost (in Dollars)	[2],[6]	$ 82	[1],[5]	$ 82	[3],[7]
Percentage of Net Assets	[2]	0.10%	[1]	0.10%	[3]
Interest Rate	[2]	10.66%	[1]	9.70%	[3]
Principal / Par (in Dollars)	[2]	$ 85	[1]	$ 85	[3]
Maturity Date	[2]	Dec. 14, 2023	[1]	Dec. 14, 2027	[3]
Investment Interest Rate	[2]	5.50%	[1]	5.50%	[3]
Chemicals [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 3,216	[1]	$ 256	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 3,186	[1],[5]	$ 251	[2],[3],[7]
Percentage of Net Assets		2.40%	[1]	0.20%	[2],[3]
Principal / Par (in Dollars)		$ 3,216	[1]	$ 256	[2],[3]
Chemicals [Member] | First lien senior secured loan [Member] | Shrieve Chemical Company, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	254
Amortized Cost (in Dollars)	[1],[5],[6]	$ 250
Percentage of Net Assets	[1]	0.20%
Interest Rate	[1]	11.05%
Principal / Par (in Dollars)	[1]	$ 254
Maturity Date	[1]	Dec. 02, 2024
Investment Interest Rate	[1]	6.38%
Chemicals [Member] | First lien senior secured loan [Member] | Schrieve Chemical Company, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]			256
Amortized Cost (in Dollars)	[2],[3],[6],[7]			$ 251
Percentage of Net Assets	[2],[3]			0.20%
Interest Rate	[2],[3]			10.33%
Principal / Par (in Dollars)	[2],[3]			$ 256
Maturity Date	[2],[3]			Dec. 02, 2024
Investment Interest Rate	[2],[3]			6%
Chemicals [Member] | First lien senior secured loan [Member] | Schrieve Chemical Company, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,962
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,936
Percentage of Net Assets	[1]	2.20%
Interest Rate	[1]	11.20%
Principal / Par (in Dollars)	[1]	$ 2,962
Maturity Date	[1]	Dec. 02, 2024
Investment Interest Rate	[1]	6.38%
Commercial services & supplies [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 9,077
Amortized Cost (in Dollars)	[1],[5],[6]	$ 8,992
Percentage of Net Assets	[1]	6.80%
Principal / Par (in Dollars)	[1]	$ 9,186
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | Allentown, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		104	[1]	$ 103	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 104	[1],[5]	$ 102	[2],[3],[7]
Percentage of Net Assets		0.10%	[1]	0.10%	[2],[3]
Interest Rate		13%	[1]	12.50%	[2],[3]
Principal / Par (in Dollars)		$ 106	[1]	$ 106	[2],[3]
Maturity Date		Apr. 22, 2027	[1]	Apr. 22, 2027	[2],[3]
Investment Interest Rate		5%	[1]	5%	[2],[3]
Commercial services & supplies [Member] | First lien senior secured revolving loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 90	[1]	$ 90	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 88	[1],[5]	$ 87	[2],[3],[7]
Percentage of Net Assets		0.10%	[1]	0.10%	[2],[3]
Interest Rate		11.09%	[1]	10.67%	[2],[3]
Principal / Par (in Dollars)		$ 91	[1]	$ 91	[2],[3]
Maturity Date		Feb. 01, 2027	[1]	Feb. 01, 2027	[2],[3]
Investment Interest Rate		6.25%	[1]	6.25%	[2],[3]
Commercial services & supplies [Member] | First lien senior secured loan [Member] | Allentown, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,225	[1]	$ 2,214	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 2,250	[1],[5]	$ 2,256	[2],[3],[7]
Percentage of Net Assets		1.70%	[1]	2.10%	[2],[3]
Interest Rate		10.91%	[1]	10.42%	[2],[3]
Principal / Par (in Dollars)		$ 2,271	[1]	$ 2,276	[2],[3]
Maturity Date		Apr. 22, 2027	[1]	Apr. 22, 2027	[2],[3]
Investment Interest Rate		6%	[1]	6%	[2],[3]
Commercial services & supplies [Member] | First lien senior secured loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,970		$ 1,975	[2],[3]
Amortized Cost (in Dollars)	[1],[6]	$ 1,950	[5]	$ 1,952	[2],[3],[7]
Percentage of Net Assets	[1]	1.50%		1.90%	[2],[3]
Interest Rate	[1]	11.33%		10.21%	[2],[3]
Principal / Par (in Dollars)	[1]	$ 1,995		$ 2,000	[2],[3]
Maturity Date	[1]	Feb. 01, 2027		Feb. 01, 2027	[2],[3]
Investment Interest Rate	[1]	6.50%		6.50%	[2],[3]
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | Allentown, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)			[1]		[2],[3]
Amortized Cost (in Dollars)	[6]		[1],[5]		[2],[3],[7]
Percentage of Net Assets		0%	[1]	0%	[2],[3]
Interest Rate		10.91%	[1]	10.42%	[2],[3]
Principal / Par (in Dollars)			[1]		[2],[3]
Maturity Date		Oct. 22, 2023	[1]	Oct. 22, 2023	[2],[3]
Investment Interest Rate		6%	[1]	6%	[2],[3]
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | American Equipment Holdings LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,000
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,920
Percentage of Net Assets	[1]	1.40%
Interest Rate	[1]	11.24%
Principal / Par (in Dollars)	[1]	$ 2,000
Maturity Date	[1]	Nov. 05, 2026
Investment Interest Rate	[1]	6%
Commercial services & supplies [Member] | First lien senior secured delayed draw loan [Member] | American Equipment Holdings LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]
Amortized Cost (in Dollars)	[2],[3],[6],[7]			$ (61)
Percentage of Net Assets	[2],[3]			0%
Interest Rate	[2],[3]			10.88%
Principal / Par (in Dollars)	[2],[3]
Maturity Date	[2],[3]			Nov. 05, 2026
Investment Interest Rate	[2],[3]			6%
Commercial services & supplies [Member] | First lien senior secured loan [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,688
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,680
Percentage of Net Assets	[1]	2%
Interest Rate	[1]	11.08%
Principal / Par (in Dollars)	[1]	$ 2,723
Maturity Date	[1]	Feb. 01, 2027
Investment Interest Rate	[1]	6.25%
Commercial services & supplies [Member] | First lien senior secured loan One [Member] | BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]			$ 2,695
Amortized Cost (in Dollars)	[2],[3],[6],[7]			$ 2,683
Percentage of Net Assets	[2],[3]			2.50%
Interest Rate	[2],[3]			10.49%
Principal / Par (in Dollars)	[2],[3]			$ 2,729
Maturity Date	[2],[3]			Feb. 01, 2027
Investment Interest Rate	[2],[3]			6.25%
Containers & packaging [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 5,367	[1]	$ 5,538	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 5,289	[1],[5]	$ 5,428	[2],[3],[7]
Percentage of Net Assets		4%	[1]	5.20%	[2],[3]
Principal / Par (in Dollars)		$ 5,365	[1]	$ 5,513	[2],[3]
Containers & packaging [Member] | First lien senior secured revolving loan [Member] | FCA, LLC (FCA Packaging) [Member]
Aerospace & defense
Fair Value (in Dollars)			[1]		[2],[3]
Amortized Cost (in Dollars)	[6]		[1],[5]		[2],[3],[7]
Percentage of Net Assets		0%	[1]	0%	[2],[3]
Interest Rate		11.29%	[1]	9.46%	[2],[3]
Principal / Par (in Dollars)			[1]		[2],[3]
Maturity Date		Jul. 18, 2028	[1]	Jul. 18, 2028	[2],[3]
Investment Interest Rate		6.50%	[1]	6.50%	[2],[3]
Containers & packaging [Member] | First lien senior secured loan [Member] | Drew Foam Companies, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,963	[1]	$ 2,993	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 2,946	[1],[5]	$ 2,949	[2],[3],[7]
Percentage of Net Assets		2.20%	[1]	2.80%	[2],[3]
Interest Rate		11.55%	[1]	10.89%	[2],[3]
Principal / Par (in Dollars)		$ 2,985	[1]	$ 2,993	[2],[3]
Maturity Date		Nov. 05, 2025	[1]	Nov. 05, 2025	[2],[3]
Investment Interest Rate		6.75%	[1]	6.75%	[2],[3]
Containers & packaging [Member] | First lien senior secured loan [Member] | FCA, LLC (FCA Packaging) [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]			$ 2,545
Amortized Cost (in Dollars)	[2],[3],[6],[7]			$ 2,479
Percentage of Net Assets	[2],[3]			2.40%
Interest Rate	[2],[3]			9.46%
Principal / Par (in Dollars)	[2],[3]			$ 2,520
Maturity Date	[2],[3]			Jul. 18, 2028
Investment Interest Rate	[2],[3]			6.50%
Containers & packaging [Member] | First lien senior secured loan [Member] | FCA, LLC (FCA Packaging) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,404
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,343
Percentage of Net Assets	[1]	1.80%
Interest Rate	[1]	11.29%
Principal / Par (in Dollars)	[1]	$ 2,380
Maturity Date	[1]	Jul. 18, 2028
Investment Interest Rate	[1]	6.50%
Diversified telecommunication services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 1,767	[1]	$ 1,745	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 1,738	[1],[5]	$ 1,742	[2],[3],[7]
Percentage of Net Assets		1.30%	[1]	1.60%	[2],[3]
Principal / Par (in Dollars)		$ 1,767	[1]	$ 1,771	[2],[3]
Diversified telecommunication services [Member] | First lien senior secured loan [Member] | Pavion Corp., f/k/a Corbett Technology Solutions, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	930
Amortized Cost (in Dollars)	[1],[5],[6]	$ 915
Percentage of Net Assets	[1]	0.70%
Interest Rate	[1]	10.80%
Principal / Par (in Dollars)	[1]	$ 930
Maturity Date	[1]	Oct. 29, 2027
Investment Interest Rate	[1]	5.75%
Diversified telecommunication services [Member] | First lien senior secured loan [Member] | Pavion Corp., f/k/a Corbett Technology Solutions, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)	[2],[3]			918
Amortized Cost (in Dollars)	[2],[3],[6],[7]			$ 917
Percentage of Net Assets	[2],[3]			0.80%
Interest Rate	[2],[3]			8.70%
Principal / Par (in Dollars)	[2],[3]			$ 932
Maturity Date	[2],[3]			Oct. 29, 2027
Investment Interest Rate	[2],[3]			5%
Diversified telecommunication services [Member] | First lien senior secured loan One [Member] | Pavion Corp., f/k/a Corbett Technology Solutions, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 837	[1]	$ 827	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 823	[1],[5]	$ 825	[2],[3],[7]
Percentage of Net Assets		0.60%	[1]	0.80%	[2],[3]
Interest Rate		10.83%	[1]	9.58%	[2],[3]
Principal / Par (in Dollars)		$ 837	[1]	$ 839	[2],[3]
Maturity Date		Oct. 29, 2027	[1]	Oct. 29, 2027	[2],[3]
Investment Interest Rate		5.75%	[1]	5%	[2],[3]
Electronic equipment, instruments & components [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,469
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,446
Percentage of Net Assets	[1]	1.10%
Principal / Par (in Dollars)	[1]	$ 1,469
Electronic equipment, instruments & components [Member] | First lien senior secured loan [Member] | Process Insights, Inc. [Member]
Aerospace & defense
Fair Value (in Dollars)		1,469	[1]	$ 1,461	[2],[3]
Amortized Cost (in Dollars)	[6]	$ 1,446	[1],[5]	$ 1,448	[2],[3],[7]
Percentage of Net Assets		1.10%	[1]	1.40%	[2],[3]
Interest Rate		11.18%	[1]	10.49%	[2],[3]
Principal / Par (in Dollars)		$ 1,469	[1]	$ 1,472	[2],[3]
Maturity Date		Oct. 30, 2025	[1]	Oct. 30, 2025	[2],[3]
Investment Interest Rate		6%	[1]	6%	[2],[3]
Food products [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 17,376	[1]	$ 13,548	[3]
Amortized Cost (in Dollars)	[6]	$ 16,919	[1],[5]	$ 13,223	[3],[7]
Percentage of Net Assets		13.10%	[1]	12.80%	[3]
Principal / Par (in Dollars)		$ 17,390	[1]	$ 13,563	[3]
Food products [Member] | First lien senior secured revolving loan [Member] | Gulf Pacific Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		180	[1]	128	[3]
Amortized Cost (in Dollars)	[6]	$ 170	[1],[5]	$ 119	[3],[7]
Percentage of Net Assets		0.10%	[1]	0.10%	[3]
Interest Rate		10.98%	[1]	10.42%	[3]
Principal / Par (in Dollars)		$ 180	[1]	$ 128	[3]
Maturity Date		Sep. 30, 2028	[1]	Sep. 30, 2028	[3]
Investment Interest Rate		6%	[1]	6%	[3]
Food products [Member] | First lien senior secured revolving loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 254	[1],[9]	$ 195	[3],[10]
Amortized Cost (in Dollars)	[6]	$ 242	[1],[5],[9]	$ 184	[3],[7],[10]
Percentage of Net Assets		0.20%	[1],[9]	0.20%	[3],[10]
Interest Rate		10.45%	[1],[9]	8.91%	[3],[10]
Principal / Par (in Dollars)		$ 254	[1],[9]	$ 195	[3],[10]
Maturity Date		Oct. 03, 2028	[1],[9]	Oct. 03, 2028	[3],[10]
Investment Interest Rate		5.25%	[1],[9]	5.25%	[3],[10]
Food products [Member] | First lien senior secured revolving loan [Member] | Siegel Egg Co., LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 233
Amortized Cost (in Dollars)	[1],[5],[6]	$ 227
Percentage of Net Assets	[1]	0.20%
Interest Rate	[1]	10.26%
Principal / Par (in Dollars)	[1]	$ 235
Maturity Date	[1]	Dec. 29, 2026
Investment Interest Rate	[1]	5.50%
Food products [Member] | First lien senior secured revolving loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 155
Amortized Cost (in Dollars)	[1],[5],[6]	$ 143
Percentage of Net Assets	[1]	0.10%
Interest Rate	[1]	10.88%
Principal / Par (in Dollars)	[1]	$ 155
Maturity Date	[1]	Jan. 18, 2029
Investment Interest Rate	[1]	6.25%
Food products [Member] | First lien senior secured loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 4,760	[1]	$ 4,772	[3]
Amortized Cost (in Dollars)	[6]	$ 4,643	[1],[5]	$ 4,649	[3],[7]
Percentage of Net Assets		3.60%	[1]	4.50%	[3]
Interest Rate		10.99%	[1]	10.47%	[3]
Principal / Par (in Dollars)		$ 4,760	[1]	$ 4,772	[3]
Maturity Date		Nov. 14, 2027	[1]	Nov. 14, 2027	[3]
Investment Interest Rate		6.25%	[1]	6.25%	[3]
Food products [Member] | First lien senior secured loan [Member] | Gulf Pacific Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 1,743	[1]	$ 1,747	[3]
Amortized Cost (in Dollars)	[6]	$ 1,711	[1],[5]	$ 1,706	[3],[7]
Percentage of Net Assets		1.30%	[1]	1.70%	[3]
Interest Rate		11.05%	[1]	10.73%	[3]
Principal / Par (in Dollars)		$ 1,743	[1]	$ 1,747	[3]
Maturity Date		Sep. 30, 2028	[1]	Sep. 30, 2028	[3]
Investment Interest Rate		6%	[1]	6%	[3]
Food products [Member] | First lien senior secured loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 3,922	[1],[9]	$ 3,931	[3],[10]
Amortized Cost (in Dollars)	[6]	$ 3,818	[1],[5],[9]	$ 3,822	[3],[7],[10]
Percentage of Net Assets		2.90%	[1],[9]	3.70%	[3],[10]
Interest Rate		10.14%	[1],[9]	8.91%	[3],[10]
Principal / Par (in Dollars)		$ 3,922	[1],[9]	$ 3,931	[3],[10]
Maturity Date		Oct. 03, 2028	[1],[9]	Oct. 03, 2028	[3],[10]
Investment Interest Rate		5.25%	[1],[9]	5.25%	[3],[10]
Food products [Member] | First lien senior secured loan [Member] | Siegel Egg Co., LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,465
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,442
Percentage of Net Assets	[1]	1.90%
Interest Rate	[1]	10.26%
Principal / Par (in Dollars)	[1]	$ 2,477
Maturity Date	[1]	Dec. 29, 2026
Investment Interest Rate	[1]	5.50%
Food products [Member] | First lien senior secured loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,881
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,798
Percentage of Net Assets	[1]	2.20%
Interest Rate	[1]	10.88%
Principal / Par (in Dollars)	[1]	$ 2,881
Maturity Date	[1]	Jan. 18, 2029
Investment Interest Rate	[1]	6.25%
Food products [Member] | First lien senior secured delayed draw loan [Member] | BR PJK Produce, LLC (Keany) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	10.99%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	May 14, 2024
Investment Interest Rate	[1]	6.25%
Food products [Member] | First lien senior secured delayed draw loan [Member] | Gulf Pacific Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 147	[1]		[3]
Amortized Cost (in Dollars)	[6]	$ 139	[1],[5]		[3],[7]
Percentage of Net Assets		0.10%	[1]	0%	[3]
Interest Rate		11.11%	[1]	10.73%	[3]
Principal / Par (in Dollars)		$ 147	[1]		[3]
Maturity Date		Sep. 30, 2028	[1]	Sep. 30, 2024	[3]
Investment Interest Rate		6%	[1]	6%	[3]
Food products [Member] | First lien senior secured delayed draw loan [Member] | IF&P Foods, LLC (FreshEdge) [Member]
Aerospace & defense
Fair Value (in Dollars)			[1],[9]		[3],[10]
Amortized Cost (in Dollars)	[6]		[1],[5],[9]		[3],[7],[10]
Percentage of Net Assets		0%	[1],[9]	0%	[3],[10]
Interest Rate		10.14%	[1],[9]	8.91%	[3],[10]
Principal / Par (in Dollars)			[1],[9]		[3],[10]
Maturity Date		Oct. 03, 2024	[1],[9]	Oct. 03, 2024	[3],[10]
Investment Interest Rate		5.25%	[1],[9]	5.25%	[3],[10]
Food products [Member] | First lien senior secured delayed draw loan [Member] | Worldwide Produce Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 636
Amortized Cost (in Dollars)	[1],[5],[6]	$ 586
Percentage of Net Assets	[1]	0.50%
Interest Rate	[1]	11.15%
Principal / Par (in Dollars)	[1]	$ 636
Maturity Date	[1]	Jan. 18, 2029
Investment Interest Rate	[1]	6.25%
Food products [Member] | First lien senior secured loan [Member] | Siegel Egg Co., LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 2,471
Amortized Cost (in Dollars)	[3],[6],[7]			$ 2,445
Percentage of Net Assets	[3]			2.30%
Interest Rate	[3]			9.25%
Principal / Par (in Dollars)	[3]			$ 2,484
Maturity Date	[3]			Dec. 29, 2026
Investment Interest Rate	[3]			5.50%
Food products [Member] | First lien senior secured delayed draw loan one [Member] | Worldwide Produce Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	10.88%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Apr. 18, 2024
Investment Interest Rate	[1]	6.25%
Food products [Member] | First lien senior secured revolving loan [Member] | Siegel Egg Co., LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 304
Amortized Cost (in Dollars)	[3],[6],[7]			$ 298
Percentage of Net Assets	[3]			0.30%
Interest Rate	[3]			9.25%
Principal / Par (in Dollars)	[3]			$ 306
Maturity Date	[3]			Dec. 29, 2026
Investment Interest Rate	[3]			5.50%
Health care providers & services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 13,498	[1]	$ 13,494	[3]
Amortized Cost (in Dollars)	[6]	$ 13,356	[1],[5]	$ 13,328	[3],[7]
Percentage of Net Assets		10.10%	[1]	12.70%	[3]
Principal / Par (in Dollars)		$ 13,523	[1]	$ 13,518	[3]
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			56
Amortized Cost (in Dollars)	[3],[6],[7]			$ 55
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			11.32%
Principal / Par (in Dollars)	[3]			$ 56
Maturity Date	[3]			Dec. 31, 2023
Investment Interest Rate	[3]			6.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | Brightview, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 2,168
Amortized Cost (in Dollars)	[3],[6],[7]			$ 2,176
Percentage of Net Assets	[3]			2%
Interest Rate	[3]			10.13%
Principal / Par (in Dollars)	[3]			$ 2,190
Maturity Date	[3]			Dec. 14, 2026
Investment Interest Rate	[3]			5.75%
Health care providers & services [Member] | First lien senior secured loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,294
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,285
Percentage of Net Assets	[3]			1.20%
Interest Rate	[3]			11.32%
Principal / Par (in Dollars)	[3]			$ 1,294
Maturity Date	[3]			Dec. 31, 2023
Investment Interest Rate	[3]			6.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | OMH-HealthEdge Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 2,978
Amortized Cost (in Dollars)	[3],[6],[7]			$ 2,924
Percentage of Net Assets	[3]			2.80%
Interest Rate	[3]			10.03%
Principal / Par (in Dollars)	[3]			$ 2,978
Maturity Date	[3]			Oct. 24, 2025
Investment Interest Rate	[3]			5.25%
Health care providers & services [Member] | First lien senior secured loan [Member] | SGA Dental Partners Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,434
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,407
Percentage of Net Assets	[3]			1.40%
Interest Rate	[3]			9.93%
Principal / Par (in Dollars)	[3]			$ 1,434
Maturity Date	[3]			Dec. 30, 2026
Investment Interest Rate	[3]			6%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Brightview, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 290
Amortized Cost (in Dollars)	[3],[6],[7]			$ 289
Percentage of Net Assets	[3]			0.30%
Interest Rate	[3]			10.14%
Principal / Par (in Dollars)	[3]			$ 292
Maturity Date	[3]			Dec. 14, 2026
Investment Interest Rate	[3]			5.75%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Guardian Dentistry Partners [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,970
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,942
Percentage of Net Assets	[3]			1.90%
Interest Rate	[3]			10.94%
Principal / Par (in Dollars)	[3]			$ 1,970
Maturity Date	[3]			Aug. 20, 2026
Investment Interest Rate	[3]			6.50%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 956
Amortized Cost (in Dollars)	[3],[6],[7]			$ 944
Percentage of Net Assets	[3]			0.90%
Interest Rate	[3]			11.32%
Principal / Par (in Dollars)	[3]			$ 956
Maturity Date	[3]			Dec. 31, 2023
Investment Interest Rate	[3]			6.50%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | SGA Dental Partners Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,336
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,314
Percentage of Net Assets	[3]			1.30%
Interest Rate	[3]			9.93%
Principal / Par (in Dollars)	[3]			$ 1,336
Maturity Date	[3]			Dec. 30, 2026
Investment Interest Rate	[3]			6%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Brightview, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	289
Amortized Cost (in Dollars)	[1],[5],[6]	$ 289
Percentage of Net Assets	[1]	0.20%
Interest Rate	[1]	10.59%
Principal / Par (in Dollars)	[1]	$ 292
Maturity Date	[1]	Dec. 14, 2026
Investment Interest Rate	[1]	5.75%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Guardian Dentistry Partners [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,965
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,939
Percentage of Net Assets	[1]	1.50%
Interest Rate	[1]	11.42%
Principal / Par (in Dollars)	[1]	$ 1,965
Maturity Date	[1]	Aug. 20, 2026
Investment Interest Rate	[1]	6.50%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 953
Amortized Cost (in Dollars)	[1],[5],[6]	$ 944
Percentage of Net Assets	[1]	0.70%
Interest Rate	[1]	11.66%
Principal / Par (in Dollars)	[1]	$ 953
Maturity Date	[1]	Dec. 31, 2023
Investment Interest Rate	[1]	6.50%
Health care providers & services [Member] | First lien senior secured delayed draw loan [Member] | SGA Dental Partners Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,333
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,312
Percentage of Net Assets	[1]	1%
Interest Rate	[1]	10.39%
Principal / Par (in Dollars)	[1]	$ 1,333
Maturity Date	[1]	Dec. 30, 2026
Investment Interest Rate	[1]	5.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | Brightview, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,162
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,175
Percentage of Net Assets	[1]	1.60%
Interest Rate	[1]	10.59%
Principal / Par (in Dollars)	[1]	$ 2,184
Maturity Date	[1]	Dec. 14, 2026
Investment Interest Rate	[1]	5.75%
Health care providers & services [Member] | First lien senior secured loan [Member] | Guardian Dentistry Partners [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,010
Amortized Cost (in Dollars)	[1],[5],[6]	$ 991
Percentage of Net Assets	[1]	0.80%
Interest Rate	[1]	11.42%
Principal / Par (in Dollars)	[1]	$ 1,010
Maturity Date	[1]	Aug. 20, 2026
Investment Interest Rate	[1]	6.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,291
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,285
Percentage of Net Assets	[1]	0.90%
Interest Rate	[1]	11.66%
Principal / Par (in Dollars)	[1]	$ 1,291
Maturity Date	[1]	Dec. 31, 2023
Investment Interest Rate	[1]	6.50%
Health care providers & services [Member] | First lien senior secured loan [Member] | OMH-HealthEdge Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,970
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,921
Percentage of Net Assets	[1]	2.20%
Interest Rate	[1]	10.03%
Principal / Par (in Dollars)	[1]	$ 2,970
Maturity Date	[1]	Oct. 24, 2025
Investment Interest Rate	[1]	5.25%
Health care providers & services [Member] | First lien senior secured loan [Member] | SGA Dental Partners Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,430
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,405
Percentage of Net Assets	[1]	1.10%
Interest Rate	[1]	10.39%
Principal / Par (in Dollars)	[1]	$ 1,430
Maturity Date	[1]	Dec. 30, 2026
Investment Interest Rate	[1]	5.50%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Brightview, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 39	[1]		[3]
Amortized Cost (in Dollars)	[6]	$ 39	[1],[5]		[3],[7]
Percentage of Net Assets		0%	[1]	0%	[3]
Interest Rate		10.59%	[1]	10.13%	[3]
Principal / Par (in Dollars)		$ 39	[1]		[3]
Maturity Date		Dec. 14, 2026	[1]	Dec. 14, 2026	[3]
Investment Interest Rate		5.75%	[1]	5.75%	[3]
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | Light Wave Dental Management LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 56
Amortized Cost (in Dollars)	[1],[5],[6]	$ 56
Percentage of Net Assets	[1]	0.10%
Interest Rate	[1]	11.66%
Principal / Par (in Dollars)	[1]	$ 56
Maturity Date	[1]	Jan. 02, 2024
Investment Interest Rate	[1]	6.50%
Health care providers & services [Member] | First lien senior secured revolving loan [Member] | SGA Dental Partners Holdings, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)			[1]		[3]
Amortized Cost (in Dollars)	[6]		[1],[5]		[3],[7]
Percentage of Net Assets		0%	[1]	0%	[3]
Interest Rate		10.39%	[1]	9.93%	[3]
Principal / Par (in Dollars)			[1]		[3]
Maturity Date		Dec. 30, 2026	[1]	Dec. 30, 2026	[3]
Investment Interest Rate		5.50%	[1]	6%	[3]
Healthcare equipment & supplies [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,670
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,629
Percentage of Net Assets	[1]	1.30%
Principal / Par (in Dollars)	[1]	$ 1,687
Healthcare equipment & supplies [Member] | First lien senior secured revolving loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			10.90%
Principal / Par (in Dollars)	[3]
Maturity Date	[3]			Nov. 03, 2027
Investment Interest Rate	[3]			6.50%
Healthcare equipment & supplies [Member] | First lien senior secured loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,691
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,629
Percentage of Net Assets	[3]			1.60%
Interest Rate	[3]			10.90%
Principal / Par (in Dollars)	[3]			$ 1,691
Maturity Date	[3]			Nov. 03, 2027
Investment Interest Rate	[3]			6.50%
Healthcare equipment & supplies [Member] | First lien senior secured delayed draw loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			10.90%
Principal / Par (in Dollars)	[3]
Maturity Date	[3]			Nov. 03, 2024
Investment Interest Rate	[3]			6.50%
Healthcare equipment & supplies [Member] | First lien senior secured delayed draw loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	11.45%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 03, 2024
Investment Interest Rate	[1]	6.50%
Healthcare equipment & supplies [Member] | First lien senior secured loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,670
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,629
Percentage of Net Assets	[1]	1.30%
Interest Rate	[1]	11.45%
Principal / Par (in Dollars)	[1]	$ 1,687
Maturity Date	[1]	Nov. 03, 2027
Investment Interest Rate	[1]	6.50%
Healthcare equipment & supplies [Member] | First lien senior secured revolving loan [Member] | LSL Industries, LLC (LSL Healthcare) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	11.45%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Nov. 03, 2027
Investment Interest Rate	[1]	6.50%
Insurance [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,532	[1]	$ 1,272	[3]
Amortized Cost (in Dollars)	[6]	$ 2,480	[1],[5]	$ 1,230	[3],[7]
Percentage of Net Assets		1.90%	[1]	1.20%	[3]
Principal / Par (in Dollars)		$ 2,532	[1]	$ 1,272	[3]
Insurance [Member] | First lien senior secured revolving loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			142
Amortized Cost (in Dollars)	[3],[6],[7]			$ 136
Percentage of Net Assets	[3]			0.10%
Interest Rate	[3]			10.33%
Principal / Par (in Dollars)	[3]			$ 142
Maturity Date	[3]			Jul. 07, 2027
Investment Interest Rate	[3]			6%
Insurance [Member] | First lien senior secured loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 668
Amortized Cost (in Dollars)	[3],[6],[7]			$ 655
Percentage of Net Assets	[3]			0.60%
Interest Rate	[3]			10.41%
Principal / Par (in Dollars)	[3]			$ 668
Maturity Date	[3]			Jul. 07, 2027
Investment Interest Rate	[3]			6%
Insurance [Member] | First lien senior secured delayed draw loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 462
Amortized Cost (in Dollars)	[3],[6],[7]			$ 439
Percentage of Net Assets	[3]			0.50%
Interest Rate	[3]			10.24%
Principal / Par (in Dollars)	[3]			$ 462
Maturity Date	[3]			Jul. 07, 2027
Investment Interest Rate	[3]			6%
Insurance [Member] | First lien senior secured delayed draw loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	1,866
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,831
Percentage of Net Assets	[1]	1.40%
Interest Rate	[1]	10.77%
Principal / Par (in Dollars)	[1]	$ 1,866
Maturity Date	[1]	Jul. 07, 2027
Investment Interest Rate	[1]	6%
Insurance [Member] | First lien senior secured loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 666
Amortized Cost (in Dollars)	[1],[5],[6]	$ 649
Percentage of Net Assets	[1]	0.50%
Interest Rate	[1]	10.91%
Principal / Par (in Dollars)	[1]	$ 666
Maturity Date	[1]	Jul. 07, 2027
Investment Interest Rate	[1]	6%
Insurance [Member] | First lien senior secured revolving loan [Member] | Allcat Claims Service, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	10.91%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 07, 2027
Investment Interest Rate	[1]	6%
IT services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 9,615	[1]	$ 9,635	[3]
Amortized Cost (in Dollars)	[6]	$ 9,416	[1],[5]	$ 9,417	[3],[7]
Percentage of Net Assets		7.20%	[1]	9.10%	[3]
Principal / Par (in Dollars)		$ 9,615	[1]	$ 9,635	[3]
IT services [Member] | First lien senior secured revolving loan [Member] | Improving Acquisition LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			10.24%
Principal / Par (in Dollars)	[3]
Maturity Date	[3]			Jul. 26, 2027
Investment Interest Rate	[3]			6%
IT services [Member] | First lien senior secured loan [Member] | Domain Information Services Inc. (Integris) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 5,000
Amortized Cost (in Dollars)	[3],[6],[7]			$ 4,879
Percentage of Net Assets	[3]			4.70%
Interest Rate	[3]			10.63%
Principal / Par (in Dollars)	[3]			$ 5,000
Maturity Date	[3]			Sep. 30, 2025
Investment Interest Rate	[3]			6.25%
IT services [Member] | First lien senior secured loan [Member] | Improving Acquisition LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 4,635
Amortized Cost (in Dollars)	[3],[6],[7]			$ 4,538
Percentage of Net Assets	[3]			4.40%
Interest Rate	[3]			10.24%
Principal / Par (in Dollars)	[3]			$ 4,635
Maturity Date	[3]			Jul. 26, 2027
Investment Interest Rate	[3]			6%
IT services [Member] | First lien senior secured loan [Member] | Domain Information Services Inc. (Integris) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	4,992
Amortized Cost (in Dollars)	[1],[5],[6]	$ 4,883
Percentage of Net Assets	[1]	3.70%
Interest Rate	[1]	10.99%
Principal / Par (in Dollars)	[1]	$ 4,992
Maturity Date	[1]	Sep. 30, 2025
Investment Interest Rate	[1]	6.25%
IT services [Member] | First lien senior secured loan [Member] | Improving Acquisition LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 4,623
Amortized Cost (in Dollars)	[1],[5],[6]	$ 4,533
Percentage of Net Assets	[1]	3.50%
Interest Rate	[1]	10.45%
Principal / Par (in Dollars)	[1]	$ 4,623
Maturity Date	[1]	Jul. 26, 2027
Investment Interest Rate	[1]	6%
IT services [Member] | First lien senior secured revolving loan [Member] | Improving Acquisition LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	10.45%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Jul. 26, 2027
Investment Interest Rate	[1]	6%
Leisure products [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 4,328	[1]	$ 1,329	[3]
Amortized Cost (in Dollars)	[6]	$ 4,254	[1],[5]	$ 1,336	[3],[7]
Percentage of Net Assets		3.30%	[1]	1.30%	[3]
Principal / Par (in Dollars)		$ 4,354	[1]	$ 1,363	[3]
Leisure products [Member] | First lien senior secured revolving loan [Member] | MacNeill Pride Group [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			127
Amortized Cost (in Dollars)	[3],[6],[7]			$ 126
Percentage of Net Assets	[3]			0.10%
Interest Rate	[3]			11.09%
Principal / Par (in Dollars)	[3]			$ 130
Maturity Date	[3]			Apr. 22, 2026
Investment Interest Rate	[3]			6.25%
Leisure products [Member] | First lien senior secured delayed draw loan [Member] | MacNeill Pride Group [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,202
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,210
Percentage of Net Assets	[3]			1.20%
Interest Rate	[3]			11.09%
Principal / Par (in Dollars)	[3]			$ 1,233
Maturity Date	[3]			Apr. 22, 2026
Investment Interest Rate	[3]			6.25%
Leisure products [Member] | First lien senior secured delayed draw loan [Member] | MacNeill Pride Group [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	1,206
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,209
Percentage of Net Assets	[1]	0.90%
Interest Rate	[1]	11.66%
Principal / Par (in Dollars)	[1]	$ 1,230
Maturity Date	[1]	Apr. 22, 2026
Investment Interest Rate	[1]	6.50%
Leisure products [Member] | First lien senior secured loan [Member] | CTM Group, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 3,046
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,971
Percentage of Net Assets	[1]	2.30%
Interest Rate	[1]	11.79%
Principal / Par (in Dollars)	[1]	$ 3,046
Maturity Date	[1]	Nov. 30, 2026
Investment Interest Rate	[1]	6.75%
Leisure products [Member] | First lien senior secured revolving loan [Member] | MacNeill Pride Group [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 76
Amortized Cost (in Dollars)	[1],[5],[6]	$ 74
Percentage of Net Assets	[1]	0.10%
Interest Rate	[1]	11.66%
Principal / Par (in Dollars)	[1]	$ 78
Maturity Date	[1]	Apr. 22, 2026
Investment Interest Rate	[1]	6.50%
Machinery [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 3,030	[1]	$ 3,036	[3]
Amortized Cost (in Dollars)	[6]	$ 2,993	[1],[5]	$ 2,996	[3],[7]
Percentage of Net Assets		2.30%	[1]	2.90%	[3]
Principal / Par (in Dollars)		$ 3,030	[1]	$ 3,036	[3]
Machinery [Member] | First lien senior secured loan [Member] | Pennsylvania Machine Works, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			968
Amortized Cost (in Dollars)	[3],[6],[7]			$ 959
Percentage of Net Assets	[3]			0.90%
Interest Rate	[3]			11.09%
Principal / Par (in Dollars)	[3]			$ 968
Maturity Date	[3]			Mar. 06, 2027
Investment Interest Rate	[3]			6.25%
Machinery [Member] | First lien senior secured loan [Member] | PVI Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 2,068
Amortized Cost (in Dollars)	[3],[6],[7]			$ 2,037
Percentage of Net Assets	[3]			2%
Interest Rate	[3]			10.12%
Principal / Par (in Dollars)	[3]			$ 2,068
Maturity Date	[3]			Jul. 18, 2027
Investment Interest Rate	[3]			6.38%
Machinery [Member] | First lien senior secured loan [Member] | Pennsylvania Machine Works, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	966
Amortized Cost (in Dollars)	[1],[5],[6]	$ 958
Percentage of Net Assets	[1]	0.70%
Interest Rate	[1]	11.16%
Principal / Par (in Dollars)	[1]	$ 966
Maturity Date	[1]	Mar. 06, 2027
Investment Interest Rate	[1]	6%
Machinery [Member] | First lien senior secured loan [Member] | PVI Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 2,064
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,035
Percentage of Net Assets	[1]	1.60%
Interest Rate	[1]	10.57%
Principal / Par (in Dollars)	[1]	$ 2,064
Maturity Date	[1]	Jul. 18, 2027
Investment Interest Rate	[1]	5.94%
Professional services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 8,117	[1]	$ 8,205	[3]
Amortized Cost (in Dollars)	[6]	$ 7,875	[1],[5]	$ 7,966	[3],[7]
Percentage of Net Assets		6.10%	[1]	7.70%	[3]
Principal / Par (in Dollars)		$ 8,117	[1]	$ 8,224	[3]
Professional services [Member] | First lien senior secured revolving loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			9
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			9.82%
Principal / Par (in Dollars)	[3]			$ 9
Maturity Date	[3]			Sep. 09, 2028
Investment Interest Rate	[3]			5.50%
Professional services [Member] | First lien senior secured revolving loan [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 147
Amortized Cost (in Dollars)	[3],[6],[7]			$ 129
Percentage of Net Assets	[3]			0.10%
Interest Rate	[3]			12.14%
Principal / Par (in Dollars)	[3]			$ 147
Maturity Date	[3]			Dec. 05, 2027
Investment Interest Rate	[3]			7.50%
Professional services [Member] | First lien senior secured loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 3,412
Amortized Cost (in Dollars)	[3],[6],[7]			$ 3,328
Percentage of Net Assets	[3]			3.20%
Interest Rate	[3]			9.72%
Principal / Par (in Dollars)	[3]			$ 3,429
Maturity Date	[3]			Sep. 09, 2028
Investment Interest Rate	[3]			5.50%
Professional services [Member] | First lien senior secured loan [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 4,265
Amortized Cost (in Dollars)	[3],[6],[7]			$ 4,160
Percentage of Net Assets	[3]			4%
Interest Rate	[3]			12.10%
Principal / Par (in Dollars)	[3]			$ 4,265
Maturity Date	[3]			Dec. 05, 2027
Investment Interest Rate	[3]			7.50%
Professional services [Member] | First lien senior secured delayed draw loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 372
Amortized Cost (in Dollars)	[3],[6],[7]			$ 349
Percentage of Net Assets	[3]			0.40%
Interest Rate	[3]			9.73%
Principal / Par (in Dollars)	[3]			$ 374
Maturity Date	[3]			Sep. 09, 2028
Investment Interest Rate	[3]			5.50%
Professional services [Member] | First lien senior secured delayed draw loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	374
Amortized Cost (in Dollars)	[1],[5],[6]	$ 350
Percentage of Net Assets	[1]	0.30%
Interest Rate	[1]	10.16%
Principal / Par (in Dollars)	[1]	$ 374
Maturity Date	[1]	Sep. 09, 2028
Investment Interest Rate	[1]	5.50%
Professional services [Member] | First lien senior secured loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 3,420
Amortized Cost (in Dollars)	[1],[5],[6]	$ 3,316
Percentage of Net Assets	[1]	2.60%
Interest Rate	[1]	10.16%
Principal / Par (in Dollars)	[1]	$ 3,420
Maturity Date	[1]	Sep. 09, 2028
Investment Interest Rate	[1]	5.50%
Professional services [Member] | First lien senior secured loan [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 4,176
Amortized Cost (in Dollars)	[1],[5],[6]	$ 4,079
Percentage of Net Assets	[1]	3.10%
Interest Rate	[1]	12.58%
Principal / Par (in Dollars)	[1]	$ 4,176
Maturity Date	[1]	Dec. 05, 2027
Investment Interest Rate	[1]	7.50%
Professional services [Member] | First lien senior secured revolving loan [Member] | DISA Holdings Corp. (DISA) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	10.16%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Sep. 09, 2028
Investment Interest Rate	[1]	5.50%
Professional services [Member] | First lien senior secured revolving loan [Member] | Universal Marine Medical Supply International, LLC (Unimed) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 147
Amortized Cost (in Dollars)	[1],[5],[6]	$ 130
Percentage of Net Assets	[1]	0.10%
Interest Rate	[1]	13.14%
Principal / Par (in Dollars)	[1]	$ 147
Maturity Date	[1]	Dec. 05, 2027
Investment Interest Rate	[1]	7.50%
Software [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,967	[1]	$ 2,997	[3]
Amortized Cost (in Dollars)	[6]	$ 2,876	[1],[5]	$ 2,878	[3],[7]
Percentage of Net Assets		2.20%	[1]	2.80%	[3]
Principal / Par (in Dollars)		$ 2,990	[1]	$ 2,997	[3]
Software [Member] | First lien senior secured loan [Member] | AIDC Intermediate Co 2, LLC (Peak Technologies) [Member]
Aerospace & defense
Fair Value (in Dollars)		2,967	[1]	2,997	[3]
Amortized Cost (in Dollars)	[6]	$ 2,876	[1],[5]	$ 2,878	[3],[7]
Percentage of Net Assets		2.20%	[1]	2.80%	[3]
Interest Rate		11.06%	[1]	10.44%	[3]
Principal / Par (in Dollars)		$ 2,990	[1]	$ 2,997	[3]
Maturity Date		Jul. 22, 2027	[1]	Jul. 22, 2027	[3]
Investment Interest Rate		6.25%	[1]	6.25%	[3]
Textiles, Apparel & Luxury Goods [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,778	[1]	$ 2,744	[3]
Amortized Cost (in Dollars)	[6]	$ 2,718	[1],[5]	$ 2,681	[3],[7]
Percentage of Net Assets		2.10%	[1]	2.60%	[3]
Principal / Par (in Dollars)		$ 2,778	[1]	$ 2,744	[3]
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured revolving loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			162
Amortized Cost (in Dollars)	[3],[6],[7]			$ 154
Percentage of Net Assets	[3]			0.20%
Interest Rate	[3]			11.91%
Principal / Par (in Dollars)	[3]			$ 162
Maturity Date	[3]			Jul. 20, 2027
Investment Interest Rate	[3]			7.25%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 2,582
Amortized Cost (in Dollars)	[3],[6],[7]			$ 2,527
Percentage of Net Assets	[3]			2.40%
Interest Rate	[3]			11.98%
Principal / Par (in Dollars)	[3]			$ 2,582
Maturity Date	[3]			Jul. 20, 2027
Investment Interest Rate	[3]			7.25%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	2,575
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,523
Percentage of Net Assets	[1]	1.90%
Interest Rate	[1]	11.55%
Principal / Par (in Dollars)	[1]	$ 2,575
Maturity Date	[1]	Jul. 20, 2027
Investment Interest Rate	[1]	6.50%
Textiles, Apparel & Luxury Goods [Member] | First lien senior secured revolving loan [Member] | American Soccer Company, Incorporated (SCORE) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 203
Amortized Cost (in Dollars)	[1],[5],[6]	$ 195
Percentage of Net Assets	[1]	0.20%
Interest Rate	[1]	11.29%
Principal / Par (in Dollars)	[1]	$ 203
Maturity Date	[1]	Jul. 20, 2027
Investment Interest Rate	[1]	6.50%
Trading companies & distributors [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 26,680	[1]	$ 16,490	[3]
Amortized Cost (in Dollars)	[6]	$ 26,022	[1],[5]	$ 16,109	[3],[7]
Percentage of Net Assets		20%	[1]	15.60%	[3]
Principal / Par (in Dollars)		$ 26,767	[1]	$ 16,553	[3]
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			11.34%
Principal / Par (in Dollars)	[3]
Maturity Date	[3]			Dec. 17, 2026
Investment Interest Rate	[3]			6.50%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | Krayden Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	11%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Mar. 01, 2029
Investment Interest Rate	[1]	6%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | BCDI Meteor Acquisition, LLC (Meteor) [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 5,000
Amortized Cost (in Dollars)	[3],[6],[7]			$ 4,875
Percentage of Net Assets	[3]			4.70%
Interest Rate	[3]			11.66%
Principal / Par (in Dollars)	[3]			$ 5,000
Maturity Date	[3]			Jun. 29, 2028
Investment Interest Rate	[3]			7%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,517
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,476
Percentage of Net Assets	[3]			1.40%
Interest Rate	[3]			11.34%
Principal / Par (in Dollars)	[3]			$ 1,517
Maturity Date	[3]			Dec. 17, 2026
Investment Interest Rate	[3]			6.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Genuine Cable Group, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 4,925
Amortized Cost (in Dollars)	[3],[6],[7]			$ 4,824
Percentage of Net Assets	[3]			4.70%
Interest Rate	[3]			10.17%
Principal / Par (in Dollars)	[3]			$ 4,988
Maturity Date	[3]			Nov. 01, 2026
Investment Interest Rate	[3]			5.75%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | I.D. Images Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 3,085
Amortized Cost (in Dollars)	[3],[6],[7]			$ 3,026
Percentage of Net Assets	[3]			2.90%
Interest Rate	[3]			10.67%
Principal / Par (in Dollars)	[3]			$ 3,085
Maturity Date	[3]			Jul. 30, 2026
Investment Interest Rate	[3]			6.25%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Krayden Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 3,188
Amortized Cost (in Dollars)	[1],[5],[6]	$ 3,039
Percentage of Net Assets	[1]	2.40%
Interest Rate	[1]	11%
Principal / Par (in Dollars)	[1]	$ 3,188
Maturity Date	[1]	Mar. 01, 2029
Investment Interest Rate	[1]	6%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,267
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,222
Percentage of Net Assets	[3]			1.20%
Interest Rate	[3]			11.34%
Principal / Par (in Dollars)	[3]			$ 1,267
Maturity Date	[3]			Dec. 17, 2026
Investment Interest Rate	[3]			6.50%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,259
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,222
Percentage of Net Assets	[1]	0.90%
Interest Rate	[1]	12.16%
Principal / Par (in Dollars)	[1]	$ 1,259
Maturity Date	[1]	Dec. 17, 2026
Investment Interest Rate	[1]	7%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan [Member] | Krayden Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	11%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Mar. 01, 2025
Investment Interest Rate	[1]	6%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | I.D. Images Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 695
Amortized Cost (in Dollars)	[1],[5],[6]	$ 685
Percentage of Net Assets	[1]	0.50%
Interest Rate	[1]	11.30%
Principal / Par (in Dollars)	[1]	$ 695
Maturity Date	[1]	Jul. 30, 2026
Investment Interest Rate	[1]	6.25%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | BCDI Meteor Acquisition, LLC (Meteor) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 5,000
Amortized Cost (in Dollars)	[1],[5],[6]	$ 4,881
Percentage of Net Assets	[1]	3.80%
Interest Rate	[1]	11.91%
Principal / Par (in Dollars)	[1]	$ 5,000
Maturity Date	[1]	Jun. 29, 2028
Investment Interest Rate	[1]	7%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 1,508
Amortized Cost (in Dollars)	[1],[5],[6]	$ 1,462
Percentage of Net Assets	[1]	1.10%
Interest Rate	[1]	12.16%
Principal / Par (in Dollars)	[1]	$ 1,508
Maturity Date	[1]	Dec. 17, 2026
Investment Interest Rate	[1]	7%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Engineered Fastener Company, LLC (EFC International) [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 7,000
Amortized Cost (in Dollars)	[1],[5],[6]	$ 6,828
Percentage of Net Assets	[1]	5.30%
Interest Rate	[1]	11.56%
Principal / Par (in Dollars)	[1]	$ 7,000
Maturity Date	[1]	Nov. 01, 2027
Investment Interest Rate	[1]	6.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | Genuine Cable Group, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 4,888
Amortized Cost (in Dollars)	[1],[5],[6]	$ 4,822
Percentage of Net Assets	[1]	3.70%
Interest Rate	[1]	10.41%
Principal / Par (in Dollars)	[1]	$ 4,975
Maturity Date	[1]	Nov. 01, 2026
Investment Interest Rate	[1]	5.50%
Trading companies & distributors [Member] | First lien senior secured loan [Member] | I.D. Images Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 3,078
Amortized Cost (in Dollars)	[1],[5],[6]	$ 3,023
Percentage of Net Assets	[1]	2.30%
Interest Rate	[1]	11.16%
Principal / Par (in Dollars)	[1]	$ 3,078
Maturity Date	[1]	Jul. 30, 2026
Investment Interest Rate	[1]	6.25%
Trading companies & distributors [Member] | First lien senior secured loan One [Member] | I.D. Images Acquisition, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 696
Amortized Cost (in Dollars)	[3],[6],[7]			$ 686
Percentage of Net Assets	[3]			0.70%
Interest Rate	[3]			10.98%
Principal / Par (in Dollars)	[3]			$ 696
Maturity Date	[3]			Jul. 30, 2026
Investment Interest Rate	[3]			6.25%
Trading companies & distributors [Member] | First lien senior secured delayed draw loan one [Member] | Krayden Holdings, Inc [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]
Amortized Cost (in Dollars)	[1],[5],[6]
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	11%
Principal / Par (in Dollars)	[1]
Maturity Date	[1]	Mar. 01, 2025
Investment Interest Rate	[1]	6%
Trading companies & distributors [Member] | First lien senior secured revolving loan [Member] | CGI Automated Manufacturing, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 64
Amortized Cost (in Dollars)	[1],[5],[6]	$ 60
Percentage of Net Assets	[1]	0%
Interest Rate	[1]	12.15%
Principal / Par (in Dollars)	[1]	$ 64
Maturity Date	[1]	Dec. 17, 2026
Investment Interest Rate	[1]	7%
Wireless telecommunication services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 3,621	[1]	$ 3,649	[3]
Amortized Cost (in Dollars)	[6]	$ 3,593	[1],[5]	$ 3,599	[3],[7]
Percentage of Net Assets		2.70%	[1]	3.40%	[3]
Principal / Par (in Dollars)		$ 3,658	[1]	$ 3,667	[3]
Wireless telecommunication services [Member] | First lien senior secured loan [Member] | Centerline Communications, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		662	[1]	667	[3]
Amortized Cost (in Dollars)	[6]	$ 650	[1],[5]	$ 651	[3],[7]
Percentage of Net Assets		0.50%	[1]	0.60%	[3]
Interest Rate		10.95%	[1]	9.93%	[3]
Principal / Par (in Dollars)		$ 669	[1]	$ 670	[3]
Maturity Date		Aug. 10, 2027	[1]	Aug. 10, 2027	[3]
Investment Interest Rate		6%	[1]	5.50%	[3]
Wireless telecommunication services [Member] | First lien senior secured delayed draw loan [Member] | Centerline Communications, LLC [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 2,959	[1]	$ 2,982	[3]
Amortized Cost (in Dollars)	[6]	$ 2,943	[1],[5]	$ 2,948	[3],[7]
Percentage of Net Assets		2.20%	[1]	2.80%	[3]
Interest Rate		10.95%	[1]	9.93%	[3]
Principal / Par (in Dollars)		$ 2,989	[1]	$ 2,997	[3]
Maturity Date		Aug. 10, 2027	[1]	Aug. 10, 2027	[3]
Investment Interest Rate		6%	[1]	5.50%	[3]
Total Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	$ 131,248
Amortized Cost (in Dollars)	[1],[5],[6]	$ 128,530
Percentage of Net Assets	[1]	98.60%
Principal / Par (in Dollars)	[1]	$ 131,588
Total Debt Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	131,248
Amortized Cost (in Dollars)	[1],[5],[6]	$ 128,530
Percentage of Net Assets	[1]	98.60%
Principal / Par (in Dollars)	[1]	$ 131,588
First American Treasury Obligations Fund - Institutional Class Z, 4.66% [Member]
Aerospace & defense
Fair Value (in Dollars)	[1],[11]	2,938
Amortized Cost (in Dollars)	[1],[5],[6],[11]	$ 2,938
Percentage of Net Assets	[1],[11]	2.20%
Principal / Par (in Dollars)	[1],[11]	$ 2,938
Total Short-Term Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]	2,938
Amortized Cost (in Dollars)	[1],[5],[6]	$ 2,938
Percentage of Net Assets	[1]	2.20%
Principal / Par (in Dollars)	[1]	$ 2,938
Total Investments [Member]
Aerospace & defense
Fair Value (in Dollars)		134,186	[1]	$ 107,312	[3]
Amortized Cost (in Dollars)	[6]	$ 131,468	[1],[5]	$ 105,083	[3],[7]
Percentage of Net Assets		100.80%	[1]	101.20%	[3]
Liabilities in Excess of Other Assets [Member]
Aerospace & defense
Fair Value (in Dollars)		$ (1,046)	[1]	$ (1,404)	[3]
Percentage of Net Assets		(0.80%)	[1]	(1.20%)	[3]
Net Assets [Member]
Aerospace & defense
Fair Value (in Dollars)		$ 133,140	[1]	$ 105,908	[3]
Percentage of Net Assets		100%	[1]	100%	[3]
Bishop Lifting Products [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[1]			$ 7,077
Amortized Cost (in Dollars)	[1],[6],[7]			$ 7,019
Percentage of Net Assets	[1]			6.70%
Principal / Par (in Dollars)	[1]			$ 7,202
Consumer durables & apparel [Member] | First lien senior secured delayed draw loan [Member] | BCI Burke Holding Corp. [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]
Amortized Cost (in Dollars)	[3],[6],[7]
Percentage of Net Assets	[3]			0%
Interest Rate	[3]			10.47%
Principal / Par (in Dollars)	[3]
Maturity Date	[3]			May 14, 2024
Investment Interest Rate	[3]			6.25%
Health care equipment & services [Member] | Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 1,691
Amortized Cost (in Dollars)	[3],[6],[7]			$ 1,629
Percentage of Net Assets	[3]			1.60%
Principal / Par (in Dollars)	[3]			$ 1,691
Health care equipment & services [Member] | First lien senior secured loan [Member] | Guardian Dentistry Partners [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			1,012
Amortized Cost (in Dollars)	[3],[6],[7]			$ 992
Percentage of Net Assets	[3]			0.90%
Interest Rate	[3]			10.94%
Principal / Par (in Dollars)	[3]			$ 1,012
Maturity Date	[3]			Aug. 20, 2026
Investment Interest Rate	[3]			6.50%
Total Private Credit Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			$ 107,312
Amortized Cost (in Dollars)	[3],[6],[7]			$ 105,083
Percentage of Net Assets	[3]			101.20%
Principal / Par (in Dollars)	[3]			$ 107,673
Total Debt Investments [Member]
Aerospace & defense
Fair Value (in Dollars)	[3]			107,312
Amortized Cost (in Dollars)	[3],[6],[7]			$ 105,083
Percentage of Net Assets	[3]			101.20%
Principal / Par (in Dollars)	[3]			$ 107,673
[1] As of March 31, 2023, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company. Loan contains a variable rate structure, that may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to the London Interbank Offered Rate (“LIBOR” or “L”) (which can include one-, two-, three- or six-month LIBOR), the Secured Overnight Funding Rate (“SOFR” or “S”) (which can include one-, three- or six-month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate or “P”). As of December 31, 2022, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5% of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company. Non-qualifying investment as defined by Section 55(a) of the Investment Company Act of 1940. The Company may not acquire any non-qualifying asset unless, at the time of acquisition, qualifying assets represent at least 70% of the Company’s total assets. As of December 31, 2022, 4.2% of the Company’s total assets were in non-qualifying investments. As of March 31, 2023, the tax cost of the Company’s investments approximates their amortized cost. The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method. As of December 31, 2022, the tax cost of the Company’s investments approximates their amortized cost. Non-qualifying investment as defined by Section 55(a) of the Investment Company Act of 1940. The Company may not acquire any non-qualifying asset unless, at the time of acquisition, qualifying assets represent at least 70% of the Company’s total assets. As of March 31, 2023, 3.4% of the Company’s total assets were in non-qualifying investments. The Company may be entitled to receive additional interest as a result of an arrangement with other lenders in the syndication. In exchange for the higher interest rate, the “last-out” portion is at a greater risk of loss. Certain lenders represent a “first out” portion of the investment and have priority to the “last out” portion with respect to payments of principal and interest. The Company may be entitled to receive additional interest as a result of an arrangement with other lenders in the syndication. In exchange for the higher interest rate, the “last-out” portion is at a greater risk of loss. Certain lenders represent a “first out” portion of the investment and have priority to the “last-out” portion with respect to payments of principal and interest. The indicated rate is the yield as of March 31, 2023.

N-2

N-2 - $ / shares	3 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Cover [Abstract]
Entity Central Index Key	0001850787
Amendment Flag	false
Securities Act File Number	814-01393
Document Type	10-Q
Entity Registrant Name	Kayne DL 2021, Inc.
Entity Address, Address Line One	811 Main Street
Entity Address, Address Line Two	14th Floor
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77002
City Area Code	(713)
Local Phone Number	493-2020
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Financial Highlights [Abstract]
Senior Securities [Table Text Block]	Item 3. Default Upon Senior Securities. None.
General Description of Registrant [Abstract]
Investment Objectives and Practices [Text Block]	Our investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through debt investments in middle-market companies. We define “middle-market companies” as U.S.-based companies that, in general, generate between $10 million and $150 million of annual earnings before interest, taxes, depreciation and amortization, or EBITDA. We refer to companies that generate between $10 million and $50 million of annual EBITDA as “core middle-market companies” and companies that generate between $50 million and $150 million of annual EBITDA as “upper middle-market companies.” We intend to achieve our investment objective by investing primarily in first lien senior secured, unitranche and split-lien loans (collectively, “secured middle market loans”) to privately held middle-market companies. Similar to first lien senior secured loans, unitranche loans typically have a first lien on all assets of the borrower, but provide leverage at levels similar to a combination of first lien and second lien and/or subordinated loans. Split-lien loans are loans that otherwise satisfy the criteria of a first lien loan but which have been structured with a credit facility that is senior in right of payment with respect to working capital assets of the borrower and a term loan that is collateralized by all other assets of the borrower. Depending on market conditions, we expect that at least 90% of our portfolio (including investments purchased with proceeds from borrowings, if any) will be invested in secured middle market loans. It is anticipated that most of these investments will be in core middle market companies, with the remainder in upper middle market companies. The remaining 10% of our portfolio may be invested in higher-returning investments, including, but not limited to, equity securities purchased in conjunction with secured middle market loans and other opportunistic investments (collectively “Opportunistic Investments”), including junior debt, real estate debt and infrastructure credit investments. We expect that the secured middle market loans we invest in will generally have stated maturities of no more than six years. We intend to execute on our investment objective by (1) accessing the established loan sourcing channels developed by Kayne Anderson’s middle market private credit team, which includes an extensive network of private equity firms, other middle-market lenders, financial advisors and intermediaries, and management teams, (2) selecting investments within our middle-market company focus, (3) implementing Kayne Anderson’s middle market private credit team’s proven underwriting process, and (4) drawing upon the experience and resources of our Advisor’s investment team and the broader Kayne Anderson network.
Risk Factors [Table Text Block]	Item 1A. Risk Factors. In addition to the other information set forth in this report, you should carefully consider the risk factors described below and in Part I, “Item 1A. Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, which could materially affect our business, financial condition and/or operating results. The risks described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially and adversely affect our business, financial condition and/or operating results. Our business is dependent on bank relationships and recent strain on the banking system may adversely impact us. The financial markets recently have encountered volatility associated with concerns about the balance sheets of banks, especially small and regional banks, which may have significant losses associated with investments that make it difficult to fund demands to withdraw deposits and other liquidity needs. Although the federal government has announced measures to assist these banks and protect depositors, some banks have already been impacted and others may be materially and adversely impacted. Our business is dependent on bank relationships and we are proactively monitoring the financial health of such bank relationships. Continued strain on the banking system may adversely impact our business, financial condition and results of operations.
NAV Per Share	$ 5,187	$ 5,153

Organization

Organization	3 Months Ended
	Mar. 31, 2023
Organization [Abstract]
Organization	Note 1. Organization Organization Kayne DL 2021, Inc. (the “Company”) is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). In addition, for U.S. federal income tax purposes, the Company intends to qualify as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company was formed as a Delaware corporation to make investments in middle-market companies and commenced operations on December 16, 2021. As of March 31, 2023, the Company has entered into subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of the Company’s common stock. KA Credit Advisors II, LLC (the “Advisor”) is an indirect subsidiary of Kayne Anderson Capital Advisors, L.P. (“KACALP” or “Kayne Anderson”). The Advisor is registered with the Securities and Exchange Commission (“SEC”) as an investment advisor under the Investment Advisory Act of 1940, as amended. Subject to the overall supervision of the Company’s board of directors (the “Board”), the Advisor is responsible for originating prospective investments, conducting research and due diligence investigations on potential investments, analyzing investment opportunities, negotiating and structuring investments, determining the value of the investments and monitoring its investments and portfolio companies on an ongoing basis. The Board consists of five directors, four of whom are independent (including the Board’s chairperson). The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through debt investments in middle-market companies. The Company conducts private offerings of its Common Stock to investors in reliance on exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). At the closing of any private offering, each investor will make a capital commitment (a “Capital Commitment”) to purchase shares of its Common Stock (“Shares”) pursuant to a subscription agreement entered into with the Company. Investors will be required to fund drawdowns to purchase Shares up to the amount of their respective Capital Commitments each time the Company delivers a notice to the investors. The Company commenced its loan origination and investment activities on December 16, 2021 contemporaneously with the initial drawdown from investors in the private offering.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Organization [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies A. Basis of Presentation B. Consolidation C. Use of Estimates D. Cash and Cash Equivalents E. Investment Valuation, Fair Value Fair Value Measurement and Disclosures Pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Advisor as the “valuation designee” to perform fair value determinations of the Company’s portfolio holdings, subject to oversight by and periodic reporting to the Board. The valuation designee performs fair valuation of the Company’s portfolio holdings in accordance with the Company’s Valuation Program, as approved by the Board. Traded Investments (Level 1 or Level 2) Investments for which market quotations are readily available will typically be valued at those market quotations. Traded investments such as corporate bonds, preferred stock, bank notes, loans or loan participations are valued by using the bid price provided by an independent pricing service, by an independent broker, the agent bank, syndicate bank or principal market maker. When price quotes for investments are not available, or such prices are stale or do not represent fair value in the judgment of the Company’s Advisor, fair market value will be determined using the Advisor’s valuation process for investments that are privately issued or otherwise restricted as to resale. The Company may also invest, to a lesser extent, in equity securities purchased in conjunction with debt investments. While the Company anticipates these equity securities to be issued by privately held companies, the Company may hold equity securities that are publicly traded. Equity securities listed on any exchange other than the NASDAQ Stock Market, Inc. (“NASDAQ”) are valued, except as indicated below, at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities admitted to trade on the NASDAQ are valued at the NASDAQ official closing price. Equity securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Equity securities traded in the over-the-counter market, but excluding securities admitted to trading on the NASDAQ, are valued at the closing bid prices. Non-Traded Investments (Level 3) Investments that are privately issued or otherwise restricted as to resale, as well as any security for which (a) reliable market quotations are not available in the judgment of the Company’s Advisor, or (b) the independent pricing service or independent broker does not provide prices or provides a price that in the judgment of the Company’s Advisor is stale or does not represent fair value, shall each be valued in a manner that most fairly reflects fair value of the security on the valuation date. The Company expects that a significant majority of its investments will be Level 3 investments. Unless otherwise determined by the Advisor, the following valuation process is used for the Company’s Level 3 investments: ● Valuation Designee ● Valuation Firm ● Oversight Determination of fair value involves subjective judgments and estimates. Accordingly, the notes to the Company’s financial statements will express the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the Company’s financial statements. F. Interest Income Recognition Loans are generally placed on non-accrual status when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected in full. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon the Company’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest are paid or there is no longer any reasonable doubt that such principal or interest will be collected in full and, in the Company’s judgment, principal and interest are likely to remain current. The Company may make exceptions to this policy if the loan has sufficient collateral value (i.e., typically measured as enterprise value of the portfolio company) or is in the process of collection. As of March 31, 2023 and December 31, 2022, the Company did not have any investments in portfolio companies on non-accrual status. G. Debt Issuance Costs H. Dividends to Common Stockholders I. Organizational Costs J. Offering Costs offering costs include costs and expenses incurred in connection with the offering of the Company’s common stock. These costs were capitalized as deferred offering expenses and included in prepaid expenses and other assets on the Statement of Assets and Liabilities. These costs were amortized over a twelve-month period beginning with the commencement of operations. These expenses consist primarily of legal fees and other costs incurred in connection with the Company’s share offerings, the preparation of the Company’s registration statement and registration fees. The Company reimbursed the Advisor for these costs. K. Income Taxes The Company must pay distributions equal to 90% of its investment company taxable income (ordinary income and short-term capital gains) to qualify as a RIC and it must distribute all of its taxable income (ordinary income, short-term capital gains and long-term capital gains) to avoid federal income taxes. The Company will be subject to federal income tax on any undistributed portion of income. For purposes of the distribution test, the Company may elect to treat as paid on the last day of its taxable year all or part of any distributions that are declared after the end of its taxable year if such distributions are declared before the due date of its tax return, including any extensions. All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax. A distribution will be treated as paid during the calendar year if it is paid during the calendar year or declared by the Company in October, November or December of such year, payable to stockholders of record on a date during such months and paid by the Company no later than January of the following year. Any such distributions paid during January of the following year will be deemed to be received by stockholders on December 31 of the year the distributions are declared, rather than when the distributions are actually received. The Company evaluates tax positions taken or expected to be taken in the course of preparing its financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. L. LIBOR Transition M. Commitments and Contingencies

Agreements and Related Party Tr

Agreements and Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Agreements and Related Party Transactions	Note 3. Agreements and Related Party Transactions A. Administration Agreement The Company will reimburse the Administrator for its costs and expenses incurred in performing its obligations under the Administration Agreement. As the Company reimburses the Administrator for its expenses, the Company will indirectly bear such cost. The Administration Agreement may be terminated by either party with 60 days’ written notice. B. Investment Advisory Agreement Management Fee The management fee will be calculated at an annual rate of 0.75% of the fair market value of the Company’s investments including, in each case, assets purchased with borrowed funds or other forms of leverage, but excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. The management fee will be payable quarterly in arrears and calculated based on the average of the Company’s fair market value of investments, at the end of the two most recently completed calendar quarters, including, in each case, assets purchased with borrowed funds or other forms of leverage, but excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase. Management fees for any partial quarter will be appropriately pro-rated. For the three months ended March 31, 2023 and 2022, the Company incurred management fees of $221 and $33, respectively. C. Other

Investments

Investments	3 Months Ended
	Mar. 31, 2023
Investments [Abstract]
Investments	Note 4. Investments The following table presents the composition of the Company’s investment portfolio at amortized cost and fair value as of March 31, 2023 and December 31, 2022. March 31, 2023 December 31, 2022 Amortized Fair Amortized Fair Cost Value Cost Value First-lien senior secured debt investments $ 128,530 $ 131,248 $ 105,083 $ 107,312 Short-term investments 2,938 2,938 - - Total Investments $ 131,468 $ 134,186 $ 105,083 $ 107,312 As of March 31, 2023 and December 31, 2022, $4,589 and $4,601, respectively, of the Company’s total assets were non-qualifying assets as defined by Section 55(a) of the 1940 Act. The Company uses Global Industry Classification Standards (GICS), Level 3 – Industry, for classifying the industry groupings of its portfolio companies. The industry composition of long-term investments based on fair value as of March 31, 2023 and December 31, 2022 was as follows: March 31, December 31, Trading companies & distributors 20.3 % 15.4 % Food products 13.2 % 12.6 % Health care providers & services 10.3 % 12.6 % IT services 7.3 % 9.0 % Commercial services & supplies 6.9 % 6.6 % Professional services 6.2 % 7.6 % Containers & packaging 4.1 % 5.2 % Aerospace & defense 3.7 % 4.5 % Leisure products 3.3 % 1.2 % Biotechnology 3.1 % 3.8 % Wireless telecommunication services 2.8 % 3.4 % Chemicals 2.5 % 0.2 % Machinery 2.3 % 2.8 % Software 2.3 % 2.8 % Textiles, apparel & luxury goods 2.1 % 2.6 % Auto components 2.1 % 1.6 % Insurance 1.9 % 1.2 % Building products 1.7 % 2.1 % Diversified telecommunication services 1.4 % 1.6 % Healthcare equipment & supplies 1.2 % 1.6 % Electronic equipment, instruments & components 1.1 % 1.4 % Asset management & custody banks 0.2 % 0.2 % Total 100.0 % 100.0 %

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value	Note 5. Fair Value The Fair Value Measurement Topic of the FASB Accounting Standards Codification (ASC 820) defines fair value as the price at which an orderly transaction to sell an asset or to transfer a liability would take place between market participants under current market conditions at the measurement date. As required by ASC 820, the Company has performed an analysis of all investments measured at fair value to determine the significance and character of all inputs to their fair value determination. Inputs are the assumptions, along with considerations of risk, that a market participant would use to value an asset or a liability. In general, observable inputs are based on market data that is readily available, regularly distributed and verifiable that the Company obtains from independent, third-party sources. Unobservable inputs are developed by the Company based on its own assumptions of how market participants would value an asset or a liability. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into the following three broad categories. Level 1 — Valuations based on quoted unadjusted prices for identical instruments in active markets traded on a national exchange to which the Company has access at the date of measurement. Level 2 — Valuations based on quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets. Level 2 inputs are those in markets for which there are few transactions, the prices are not current, little public information exists or instances where prices vary substantially over time or among brokered market makers. Level 3 — Model derived valuations in which one or more significant inputs or significant value drivers are unobservable. Unobservable inputs are those inputs that reflect the Company’s own assumptions that market participants would use to price the asset or liability based on the best available information. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, the determination of which category within the fair value hierarchy is appropriate for any given financial instrument is based on the lowest level of input that is significant to the fair value measurement. Assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment and considers factors specific to the financial instrument. The following tables present the fair value hierarchy of investments as of March 31, 2023 and December 31, 2022. Note that the valuation levels below are not necessarily an indication of the risk or liquidity associated with the underlying investment. Fair Value Hierarchy as of March 31, 2023 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 131,248 $ 131,248 Short-term investments 2,938 - - 2,938 Total Investments $ 2,938 $ - $ 131,248 $ 134,186 Fair Value Hierarchy as of December 31, 2022 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 107,312 $ 107,312 Short-term investments - - - - Total Investments $ - $ - $ 107,312 $ 107,312 The following tables present changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the three months ended March 31, 2023 and 2022. First-lien senior secured debt investments For the three months ended March 31, 2023 Fair value, beginning of period $ 107,312 Purchases of investments 24,044 Proceeds from sales of investments and principal repayments (790 ) Net change in unrealized gain (loss) 488 Net realized gain (loss) - Net accretion of discount on investments 194 Transfers into (out of) Level 3 - Fair value, end of period $ 131,248 First-lien senior secured debt investments For the three months ended March 31, 2022 Fair value, beginning of period $ 11,761 Purchases of investments 12,478 Proceeds from sales of investments and principal repayments (94 ) Net change in unrealized gain (loss) 238 Net accretion of discount on investments 26 Transfers into (out of) Level 3 - Fair value, end of period $ 24,409 For the three months ended March 31, 2023 and 2022, the Company did not recognize any transfers to or from Level 3. The increase in unrealized gain (loss) relates to investments that were held during the period. The Company includes these unrealized gains and losses on the Statement of Operations – Net Change in Unrealized Gains (Losses). Valuation Techniques and Unobservable Inputs Non-traded debt investments are typically valued using either a market yield analysis or an enterprise value analysis. For debt investments that are not considered to be credit impaired, the Advisor uses a market yield analysis to determine fair value. If the debt investment is considered to be credit impaired (which is determined by performing an enterprise value analysis), the Advisor will use the enterprise value analysis or a liquidation basis analysis to determine fair value. To determine fair value using a market yield analysis, the Advisor discounts the contractual cash flows of each investment at an appropriate discount rate (the market yield). To determine the estimated market yield for its debt investments, the Advisor analyzes changes in the risk/reward (measured by yields and leverage) of middle market indices as compared to changes in risk/reward for the underlying investment and estimates the appropriate discount rate for such debt investment. In this context, the discount rate and fair market value of the investment is impacted by the structure and pricing of the security relative to current market yields for similar investments in similar businesses as well as the financial performance of such business. In performing this analysis, the Advisor considers data sources including, but not limited to: (i) industry publications, such as S&P Global’s High-End Middle Market Lending Review; Thomson Reuter’s Refinitiv Middle Market Monthly Stats; CapitalIQ; Pitchbook News; The Lead Left, and other data sources; (ii) comparable investments reviewed or completed by affiliates of the Advisor, and (iii) information obtained and provided by the Advisor’s independent valuation managers. To determine if a debt investment is credit impaired, the Advisor estimates the enterprise value of the business and compares such estimate to the outstanding indebtedness of such business. The Advisor utilizes the following valuation methodologies to determine the estimated enterprise value of the company: (i) analysis of valuations of publicly traded companies in a similar line of business (“public company comparable analysis”), (ii) analysis of valuations of M&A transaction valuations for companies in a similar line of business (“precedent transaction analysis”), (iii) discounted cash flows (“DCF analysis”) and (iv) other valuation methodologies. In determining the non-traded debt investment valuations, the following factors are considered, where relevant: the nature and realizable value of any collateral; the company’s ability to make interest payments, amortization payments (if any) and other fixed charges; call features, put features and other relevant terms of the debt security; the company’s historical and projected financial results; the markets in which the company does business; changes in the interest rate environment and the credit markets generally that may affect the price at which similar investments may be valued; and other relevant factors. Equity investments in private companies are typically valued using one of or a combination of the following valuation techniques: (i) public company comparable analysis, (ii) precedent transaction analysis and (iii) DCF analysis. Under all of these valuation techniques, the Advisor estimates operating results of the companies in which it invests, including earnings before interest expense, income tax expense, depreciation and amortization (“EBITDA”) and free cash flow. These estimates utilize unobservable inputs such as historical operating results, which may be unaudited, and projected operating results, which will be based on operating assumptions for such company. Investment performance data utilized will be the most recently available as of the measurement date which in many cases may reflect up to a one quarter lag in information. These estimates will be sensitive to changes in assumptions specific to such company as well as general assumptions for the industry. Other unobservable inputs utilized in the valuation techniques outlined above include: discounts for lack of marketability, selection of publicly traded companies, selection of similar precedent transactions, selected ranges for valuation multiples and expected required rates of return (discount rates). Quantitative Table for Valuation Techniques The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 investments as of March 31, 2023 and December 31, 2022. The tables are not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Advisor’s determination of fair value. As of March 31, 2023 Fair Value Valuation Unobservable Range Weighted First-lien senior secured debt investments $ 131,248 Discounted cash Discount rate 8.2% - 12.0% 9.5 % As of December 31, 2022 Fair Value Valuation Unobservable Range Weighted First-lien senior secured debt investments $ 107,312 Discounted cash Discount rate 8.7% - 15.0% 9.8 %

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt	Note 6. Debt On February 25, 2022, the Company entered into a senior secured revolving credit facility (the “Subscription Credit Facility”), that has a total commitment of $25,000 and a maturity date of February 22, 2024. The Subscription Credit Facility permits the Company to borrow up to $25,000, subject to availability under the borrowing base which is calculated based on the unused capital commitments of the investors meeting various eligibility requirements. The interest rate on the Subscription Credit Facility is equal to SOFR plus an applicable spread of 1.975% with no floor. The Company is also required to pay a commitment fee of 0.25% per annum on any unused portion of the Subscription Credit Facility. Debt obligations consisted of the following as of March 31, 2023 and December 31, 2022. March 31, 2023 Aggregate Principal Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 (1) The amount available reflects any limitations related to the Subscription Credit Facility’s borrowing base as of March 31, 2023. December 31, 2022 Aggregate Principal Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ 750 $ 24,250 Total debt $ 25,000 $ 750 $ 24,250 (1) The amount available reflects any limitations related to the Subscription Credit Facility’s borrowing base as of December 31, 2022. For the three months ended March 31, 2023 and 2022, the weighted average interest rate of borrowings outstanding was 6.5% and 5.7%, respectively. As of March 31, 2023, the Company did not have any amounts outstanding under its Subscription Credit Facility. The Company does not routinely use leverage, and there are many days when there are no borrowings outstanding under its Subscription Credit Facility.

Share Transactions

Share Transactions	3 Months Ended
	Mar. 31, 2023
Share Transactions [Abstract]
Share Transactions	Note 7. Share Transactions Common Stock Issuances The following table summarizes the number of common stock shares issued and aggregate proceeds received from such issuances related to the Company’s capital call notices pursuant to subscription agreements with investors for the three months ended March 31, 2023. There were no common stock shares issued during the three months ended March 31, 2022 related to the Company’s subscription agreements with investors. Offering Common stock Aggregate Common stock issue date share shares issued amount February 28, 2023 $ 5,236 4,775 $ 25,000 4,775 $ 25,000 As of March 31, 2023, the Company had subscription agreements with investors for an aggregate capital commitment of $353,535 to purchase shares of common stock. Of this amount, the Company had $225,535 of undrawn commitments at March 31, 2023. Dividends and Dividend Reinvestment The following table summarizes the dividends declared and payable by the Company for the three months ended March 31, 2023. There were no dividends declared and payable by the Company for the three months ended March 31, 2022. See Note 12 - Subsequent Events. Dividend Dividend Dividend payment per Dividend declaration date record date date share March 7, 2023 March 31, 2023 April 14, 2023 $ 115.00 $ 115.00 The following table summarizes the amounts received and shares of common stock issued to shareholders pursuant to the Company’s dividend reinvestment plan (“DRIP”) for the three months ended March 31, 2023. There were no amounts received and shares of common stock issued to shareholders pursuant to the Company’s DRIP for the three months ended March 31, 2022. See Note 11 – Subsequent Events. DRIP Dividend shares DRIP Dividend record date payment date issued value December 29, 2022 January 13, 2023 340 $ 1,750 340 $ 1,750 For the dividend declared on March 7, 2023 and paid on April 14, 2023, there were 564 shares issued with a DRIP value of $2,923. These shares are excluded from the table above, as the DRIP shares were issued after March 31, 2023.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8. Commitments and Contingencies The Company had an aggregate of $20,730 and $21,148, respectively, of unfunded commitments to provide debt financing to its portfolio companies as of March 31, 2023 and December 31, 2022. Such commitments are generally subject to the satisfaction of certain financial and nonfinancial covenants and certain operational metrics. The commitment period for these amounts may be shorter than the maturity date if drawn or funded. These commitments are not reflected in the Company’s consolidated statements of assets and liabilities. Consequently, such commitments result in an element of credit risk in excess of the amount recognized in the Company’s consolidated statements of assets and liabilities. A summary of the composition of the unfunded commitments as of March 31, 2023 and December 31, 2022 is shown in the table below. As of As of Alcami Corporation (Alcami) $ 890 $ 890 Allcat Claims Service, LLC 460 1,723 Allentown, LLC 606 606 American Equipment Holdings LLC 3,000 5,000 American Soccer Company, Incorporated (SCORE) 203 243 Atria Wealth Solutions, Inc. 2,784 2,784 Basel U.S. Acquisition Co., Inc. (IAC) 399 399 BCI Burke Holding Corp. 618 618 BLP Buyer, Inc. (Bishop Lifting Products) 159 159 BR PJK Produce, LLC (Keany) 228 228 Brightview, LLC 450 489 CGI Automated Manufacturing, LLC 96 160 DISA Holdings Corp. (DISA) 1,198 1,189 FCA, LLC (FCA Packaging) 288 288 Gulf Pacific Holdings, LLC 922 1,120 IF&P Foods, LLC (FreshEdge) 815 874 Improving Acquisition LLC 327 354 Krayden Holdings, Inc. 1,813 - Light Wave Dental Management LLC 677 677 LSL Industries, LLC (LSL Healthcare) 1,305 1,305 MacNeill Pride Group 1,106 1,055 SGA Dental Partners Holdings, LLC 207 207 Siegel Egg Co., LLC 263 192 Universal Marine Medical Supply International, LLC (Unimed) 588 588 Worldwide Produce Acquisition, LLC 1,328 - Total unfunded commitments $ 20,730 $ 21,148 From time to time, the Company may become a party to certain legal proceedings incidental to the normal course of its business. As of March 31, 2023 and December 31, 2022, management was not aware of any material pending or threatened litigation that would require accounting recognition or financial statement disclosure.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 9. Earnings Per Share In accordance with the provisions of ASC Topic 260, Earnings per Share The following table sets forth the computation of basic and diluted earnings per share of common stock for the three months ended March 2023 and 2022. For the three months ended March 31, 2023 March 31, 2022 Net increase (decrease) in net assets resulting from operations $ 3,434 $ 274 Weighted average shares of common stock outstanding - basic and diluted 22,546 8,600 Earnings (loss) per share of common stock - basic and diluted $ 152 $ 32

Financial Highlights

Financial Highlights	3 Months Ended
	Mar. 31, 2023
Financial Highlights [Abstract]
Financial Highlights	Note 10. Financial Highlights The following per share of common stock data has been derived from information provided in the unaudited financial statements. The following is a schedule of financial highlights for the three months ended March 31, 2023 and 2022. For the three months ended 2023 (amounts in thousands, 2022 (amounts in thousands, except share and Per Common Share Operating Performance (1) Net Asset Value, Beginning of Period $ 5,153 $ 4,986 Results of Operations: Net Investment Income 131 4 Net Realized and Unrealized Gain (Loss) on Investments (2) 18 28 Net Increase (Decrease) in Net Assets Resulting from Operations 149 32 Distributions to Common Stockholders Distributions from Net Investment Income (115 ) - Net Decrease in Net Assets Resulting from Distributions (115 ) - Net Asset Value, End of Period $ 5,187 $ 5,018 Shares Outstanding, End of Period 25,668 8,600 Ratio/Supplemental Data Net assets, end of period $ 133,140 $ 43,153 Weighted-average shares outstanding 22,546 8,600 Total Return (3) 2.9 % 0.6 % Portfolio turnover 0.7 % 0.5 % Ratio of operating expenses to average net assets 1.9 % 2.9 % Ratio of net investment income (loss) to average net assets 10.0 % 0.3 % (1) The per common share data was derived by using weighted average shares outstanding. (2) Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to share transactions during the period. (3) Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events The Company’s management has evaluated subsequent events through the date of issuance of the financial statements included herein. There have been no subsequent events that require recognition or disclosure in these financial statements except as described below. On April 14, 2023, the Company paid a distribution of $115.00 per share to each common stockholder of record as of March 31, 2023. The total distribution was $2,952 and $2,923 was reinvested into the Company through the purchase of 564 shares of common stock. On May 10, 2023, the Board declared a distribution of $

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
	Mar. 31, 2023
Organization [Abstract]
Basis of Presentation	A. Basis of Presentation
Consolidation	B. Consolidation
Use of Estimates	C. Use of Estimates
Cash and Cash Equivalent	D. Cash and Cash Equivalents
Investment Valuation, Fair Value	E. Investment Valuation, Fair Value Fair Value Measurement and Disclosures Pursuant to Rule 2a-5 under the 1940 Act, the Board of Directors has designated the Advisor as the “valuation designee” to perform fair value determinations of the Company’s portfolio holdings, subject to oversight by and periodic reporting to the Board. The valuation designee performs fair valuation of the Company’s portfolio holdings in accordance with the Company’s Valuation Program, as approved by the Board. Traded Investments (Level 1 or Level 2) Investments for which market quotations are readily available will typically be valued at those market quotations. Traded investments such as corporate bonds, preferred stock, bank notes, loans or loan participations are valued by using the bid price provided by an independent pricing service, by an independent broker, the agent bank, syndicate bank or principal market maker. When price quotes for investments are not available, or such prices are stale or do not represent fair value in the judgment of the Company’s Advisor, fair market value will be determined using the Advisor’s valuation process for investments that are privately issued or otherwise restricted as to resale. The Company may also invest, to a lesser extent, in equity securities purchased in conjunction with debt investments. While the Company anticipates these equity securities to be issued by privately held companies, the Company may hold equity securities that are publicly traded. Equity securities listed on any exchange other than the NASDAQ Stock Market, Inc. (“NASDAQ”) are valued, except as indicated below, at the last sale price on the business day as of which such value is being determined. If there has been no sale on such day, the securities are valued at the mean of the most recent bid and ask prices on such day. Securities admitted to trade on the NASDAQ are valued at the NASDAQ official closing price. Equity securities traded on more than one securities exchange are valued at the last sale price on the business day as of which such value is being determined at the close of the exchange representing the principal market for such securities. Equity securities traded in the over-the-counter market, but excluding securities admitted to trading on the NASDAQ, are valued at the closing bid prices. Non-Traded Investments (Level 3) Investments that are privately issued or otherwise restricted as to resale, as well as any security for which (a) reliable market quotations are not available in the judgment of the Company’s Advisor, or (b) the independent pricing service or independent broker does not provide prices or provides a price that in the judgment of the Company’s Advisor is stale or does not represent fair value, shall each be valued in a manner that most fairly reflects fair value of the security on the valuation date. The Company expects that a significant majority of its investments will be Level 3 investments. Unless otherwise determined by the Advisor, the following valuation process is used for the Company’s Level 3 investments: ● Valuation Designee ● Valuation Firm ● Oversight Determination of fair value involves subjective judgments and estimates. Accordingly, the notes to the Company’s financial statements will express the uncertainty with respect to the possible effect of such valuations, and any change in such valuations, on the Company’s financial statements.
Interest Income Recognition	F. Interest Income Recognition Loans are generally placed on non-accrual status when principal or interest payments are past due 30 days or more or when there is reasonable doubt that principal or interest will be collected in full. Accrued and unpaid interest is generally reversed when a loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon the Company’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest are paid or there is no longer any reasonable doubt that such principal or interest will be collected in full and, in the Company’s judgment, principal and interest are likely to remain current. The Company may make exceptions to this policy if the loan has sufficient collateral value (i.e., typically measured as enterprise value of the portfolio company) or is in the process of collection. As of March 31, 2023 and December 31, 2022, the Company did not have any investments in portfolio companies on non-accrual status.
Debt Issuance Costs	G. Debt Issuance Costs
Dividends to Common Stockholders	H. Dividends to Common Stockholders
Organizational Costs	I. Organizational Costs
Offering Costs	J. Offering Costs offering costs include costs and expenses incurred in connection with the offering of the Company’s common stock. These costs were capitalized as deferred offering expenses and included in prepaid expenses and other assets on the Statement of Assets and Liabilities. These costs were amortized over a twelve-month period beginning with the commencement of operations. These expenses consist primarily of legal fees and other costs incurred in connection with the Company’s share offerings, the preparation of the Company’s registration statement and registration fees. The Company reimbursed the Advisor for these costs.
Income Taxes	K. Income Taxes The Company must pay distributions equal to 90% of its investment company taxable income (ordinary income and short-term capital gains) to qualify as a RIC and it must distribute all of its taxable income (ordinary income, short-term capital gains and long-term capital gains) to avoid federal income taxes. The Company will be subject to federal income tax on any undistributed portion of income. For purposes of the distribution test, the Company may elect to treat as paid on the last day of its taxable year all or part of any distributions that are declared after the end of its taxable year if such distributions are declared before the due date of its tax return, including any extensions. All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax. A distribution will be treated as paid during the calendar year if it is paid during the calendar year or declared by the Company in October, November or December of such year, payable to stockholders of record on a date during such months and paid by the Company no later than January of the following year. Any such distributions paid during January of the following year will be deemed to be received by stockholders on December 31 of the year the distributions are declared, rather than when the distributions are actually received. The Company evaluates tax positions taken or expected to be taken in the course of preparing its financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof.
LIBOR Transition	L. LIBOR Transition
Commitments and Contingencies	M. Commitments and Contingencies

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2023
Investments [Abstract]
Schedule of investment portfolio at amortized cost and fair value	March 31, 2023 December 31, 2022 Amortized Fair Amortized Fair Cost Value Cost Value First-lien senior secured debt investments $ 128,530 $ 131,248 $ 105,083 $ 107,312 Short-term investments 2,938 2,938 - - Total Investments $ 131,468 $ 134,186 $ 105,083 $ 107,312
Schedule of industry composition of long-term investments based on fair value	March 31, December 31, Trading companies & distributors 20.3 % 15.4 % Food products 13.2 % 12.6 % Health care providers & services 10.3 % 12.6 % IT services 7.3 % 9.0 % Commercial services & supplies 6.9 % 6.6 % Professional services 6.2 % 7.6 % Containers & packaging 4.1 % 5.2 % Aerospace & defense 3.7 % 4.5 % Leisure products 3.3 % 1.2 % Biotechnology 3.1 % 3.8 % Wireless telecommunication services 2.8 % 3.4 % Chemicals 2.5 % 0.2 % Machinery 2.3 % 2.8 % Software 2.3 % 2.8 % Textiles, apparel & luxury goods 2.1 % 2.6 % Auto components 2.1 % 1.6 % Insurance 1.9 % 1.2 % Building products 1.7 % 2.1 % Diversified telecommunication services 1.4 % 1.6 % Healthcare equipment & supplies 1.2 % 1.6 % Electronic equipment, instruments & components 1.1 % 1.4 % Asset management & custody banks 0.2 % 0.2 % Total 100.0 % 100.0 %

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of fair value hierarchy of investments	Fair Value Hierarchy as of March 31, 2023 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 131,248 $ 131,248 Short-term investments 2,938 - - 2,938 Total Investments $ 2,938 $ - $ 131,248 $ 134,186 Fair Value Hierarchy as of December 31, 2022 Investments: Level 1 Level 2 Level 3 Total First-lien senior secured debt investments $ - $ - $ 107,312 $ 107,312 Short-term investments - - - - Total Investments $ - $ - $ 107,312 $ 107,312
Schedule of fair value of investments for which Level 3 inputs	First-lien senior secured debt investments For the three months ended March 31, 2023 Fair value, beginning of period $ 107,312 Purchases of investments 24,044 Proceeds from sales of investments and principal repayments (790 ) Net change in unrealized gain (loss) 488 Net realized gain (loss) - Net accretion of discount on investments 194 Transfers into (out of) Level 3 - Fair value, end of period $ 131,248 First-lien senior secured debt investments For the three months ended March 31, 2022 Fair value, beginning of period $ 11,761 Purchases of investments 12,478 Proceeds from sales of investments and principal repayments (94 ) Net change in unrealized gain (loss) 238 Net accretion of discount on investments 26 Transfers into (out of) Level 3 - Fair value, end of period $ 24,409
Schedule of significant unobservable inputs of the Company’s Level 3 investments	As of March 31, 2023 Fair Value Valuation Unobservable Range Weighted First-lien senior secured debt investments $ 131,248 Discounted cash Discount rate 8.2% - 12.0% 9.5 % As of December 31, 2022 Fair Value Valuation Unobservable Range Weighted First-lien senior secured debt investments $ 107,312 Discounted cash Discount rate 8.7% - 15.0% 9.8 %

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of debt obligations	March 31, 2023 Aggregate Principal Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ - $ 25,000 Total debt $ 25,000 $ - $ 25,000 December 31, 2022 Aggregate Principal Outstanding Principal Amount Available (1) Subscription Credit Facility $ 25,000 $ 750 $ 24,250 Total debt $ 25,000 $ 750 $ 24,250

Share Transactions (Tables)

Share Transactions (Tables)	3 Months Ended
	Mar. 31, 2023
Share Transactions [Abstract]
Schedule of common stock shares issued and aggregate proceeds	Offering Common stock Aggregate Common stock issue date share shares issued amount February 28, 2023 $ 5,236 4,775 $ 25,000 4,775 $ 25,000
Schedule of dividends declared and payable by the company	Dividend Dividend Dividend payment per Dividend declaration date record date date share March 7, 2023 March 31, 2023 April 14, 2023 $ 115.00 $ 115.00
Schedule of amounts received and shares of common stock issued to shareholder	DRIP Dividend shares DRIP Dividend record date payment date issued value December 29, 2022 January 13, 2023 340 $ 1,750 340 $ 1,750

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of summary of the composition of the unfunded commitments	As of As of Alcami Corporation (Alcami) $ 890 $ 890 Allcat Claims Service, LLC 460 1,723 Allentown, LLC 606 606 American Equipment Holdings LLC 3,000 5,000 American Soccer Company, Incorporated (SCORE) 203 243 Atria Wealth Solutions, Inc. 2,784 2,784 Basel U.S. Acquisition Co., Inc. (IAC) 399 399 BCI Burke Holding Corp. 618 618 BLP Buyer, Inc. (Bishop Lifting Products) 159 159 BR PJK Produce, LLC (Keany) 228 228 Brightview, LLC 450 489 CGI Automated Manufacturing, LLC 96 160 DISA Holdings Corp. (DISA) 1,198 1,189 FCA, LLC (FCA Packaging) 288 288 Gulf Pacific Holdings, LLC 922 1,120 IF&P Foods, LLC (FreshEdge) 815 874 Improving Acquisition LLC 327 354 Krayden Holdings, Inc. 1,813 - Light Wave Dental Management LLC 677 677 LSL Industries, LLC (LSL Healthcare) 1,305 1,305 MacNeill Pride Group 1,106 1,055 SGA Dental Partners Holdings, LLC 207 207 Siegel Egg Co., LLC 263 192 Universal Marine Medical Supply International, LLC (Unimed) 588 588 Worldwide Produce Acquisition, LLC 1,328 - Total unfunded commitments $ 20,730 $ 21,148

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Schedule of computation of basic and diluted earnings per share of common stock	For the three months ended March 31, 2023 March 31, 2022 Net increase (decrease) in net assets resulting from operations $ 3,434 $ 274 Weighted average shares of common stock outstanding - basic and diluted 22,546 8,600 Earnings (loss) per share of common stock - basic and diluted $ 152 $ 32

Financial Highlights (Tables)

Financial Highlights (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Company, Financial Highlights [Abstract]
Schedule of financial highlights	For the three months ended 2023 (amounts in thousands, 2022 (amounts in thousands, except share and Per Common Share Operating Performance (1) Net Asset Value, Beginning of Period $ 5,153 $ 4,986 Results of Operations: Net Investment Income 131 4 Net Realized and Unrealized Gain (Loss) on Investments (2) 18 28 Net Increase (Decrease) in Net Assets Resulting from Operations 149 32 Distributions to Common Stockholders Distributions from Net Investment Income (115 ) - Net Decrease in Net Assets Resulting from Distributions (115 ) - Net Asset Value, End of Period $ 5,187 $ 5,018 Shares Outstanding, End of Period 25,668 8,600 Ratio/Supplemental Data Net assets, end of period $ 133,140 $ 43,153 Weighted-average shares outstanding 22,546 8,600 Total Return (3) 2.9 % 0.6 % Portfolio turnover 0.7 % 0.5 % Ratio of operating expenses to average net assets 1.9 % 2.9 % Ratio of net investment income (loss) to average net assets 10.0 % 0.3 %

Organization (Details)

Organization (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($)
Organization [Abstract]
Aggregate capital commitment	$ 353,535

Significant Accounting Polici_2

Significant Accounting Policies (Details)	3 Months Ended
	Mar. 31, 2023
Organization [Abstract]
Investments percentage	25%
Distributions percentage	90%
Non-deductible excise tax, description	All RICs are subject to a non-deductible 4% excise tax on income that is not distributed on a timely basis in accordance with the calendar year distribution requirements. To avoid the tax, the Company must distribute during each calendar year an amount at least equal to the sum of (i) 98% of its ordinary income for the calendar year, (ii) 98.2% of its net capital gains for the one-year period ending on December 31, the last day of our taxable year, and (iii) undistributed amounts from previous years on which the Company paid no U.S. federal income tax.

Agreements and Related Party _2

Agreements and Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Related Party Transactions [Abstract]
Management fee, description	The management fee will be calculated at an annual rate of 0.75% of the fair market value of the Company’s investments including, in each case, assets purchased with borrowed funds or other forms of leverage, but excluding cash, U.S. government securities and commercial paper instruments maturing within one year of purchase.
Management fees expenses	$ 221	$ 33
Equity contributions	$ 250

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investments [Abstract]
Non-qualifying assets	$ 4,589	$ 4,601

Investments (Details) - Schedul

Investments (Details) - Schedule of investment portfolio at amortized cost and fair value - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investments (Details) - Schedule of investment portfolio at amortized cost and fair value [Line Items]
Amortized Cost	$ 131,468	$ 105,083
Fair Value	134,186	107,312
First-lien senior secured debt investments [Member]
Investments (Details) - Schedule of investment portfolio at amortized cost and fair value [Line Items]
Amortized Cost	128,530	105,083
Fair Value	131,248	107,312
Short-term investments [Member]
Investments (Details) - Schedule of investment portfolio at amortized cost and fair value [Line Items]
Amortized Cost	2,938
Fair Value	$ 2,938

Investments (Details) - Sched_2

Investments (Details) - Schedule of industry composition of long-term investments based on fair value	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	100%	100%
Trading companies & distributors [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	20.30%	15.40%
Food products [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	13.20%	12.60%
Health care providers & services [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	10.30%	12.60%
IT services [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	7.30%	9%
Commercial services & supplies [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	6.90%	6.60%
Professional services [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	6.20%	7.60%
Containers & packaging [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	4.10%	5.20%
Aerospace & defense [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	3.70%	4.50%
Leisure products [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	3.30%	1.20%
Biotechnology [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	3.10%	3.80%
Wireless telecommunication services [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.80%	3.40%
Chemicals [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.50%	0.20%
Machinery [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.30%	2.80%
Software [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.30%	2.80%
Textiles, Apparel & Luxury Goods [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.10%	2.60%
Auto components [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	2.10%	1.60%
Insurance [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	1.90%	1.20%
Building products [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	1.70%	2.10%
Diversified telecommunication services [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	1.40%	1.60%
Healthcare equipment & supplies [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	1.20%	1.60%
Electronic equipment, instruments & components [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	1.10%	1.40%
Asset management & custody banks [Member]
Investments (Details) - Schedule of industry composition of long-term investments based on fair value [Line Items]
Long-term investments fair value percentage	0.20%	0.20%

Fair Value (Details) - Schedule

Fair Value (Details) - Schedule of fair value hierarchy of investments - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	$ 134,186	$ 107,312
First-lien senior secured debt investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	131,248	107,312
Short-term investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	2,938
Level 1 [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	2,938
Level 1 [Member] | First-lien senior secured debt investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments
Level 1 [Member] | Short-term investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	2,938
Level 2 [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments
Level 2 [Member] | First-lien senior secured debt investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments
Level 2 [Member] | Short-term investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments
Level 3 [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	131,248	107,312
Level 3 [Member] | First-lien senior secured debt investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments	131,248	107,312
Level 3 [Member] | Short-term investments [Member]
Fair Value (Details) - Schedule of fair value hierarchy of investments [Line Items]
Total Investments

Fair Value (Details) - Schedu_2

Fair Value (Details) - Schedule of fair value of investments for which Level 3 inputs - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule of Fair Value of Investments for which Level 3 Inputs [Abstract]
Fair value, beginning of period	$ 107,312	$ 11,761
Purchases of investments	24,044	12,478
Proceeds from sales of investments and principal repayments	(790)	(94)
Net change in unrealized gain (loss)	488	238
Net realized gain (loss)
Net accretion of discount on investments	194	26
Transfers into (out of) Level 3
Fair value, end of period	$ 131,248	$ 24,409

Fair Value (Details) - Schedu_3

Fair Value (Details) - Schedule of significant unobservable inputs of the company’s Level 3 investments - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value (in Dollars)	$ 131,248	$ 107,312
Valuation Technique	Discounted cash flow analysis	Discounted cash flow analysis
Unobservable Input	Discount rate	Discount rate
Range	12%
Weighted Average	9.50%	9.80%
Minimum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	8.20%	8.70%
Maximum [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		15%

Debt (Details)

Debt (Details) - USD ($) $ in Thousands	Feb. 25, 2022	Mar. 31, 2023	Mar. 31, 2022
Debt (Details) [Line Items]
Total commitment (in Dollars)	$ 25,000
Maturity date	Feb. 22, 2024
Subject to availability amount (in Dollars)	$ 25,000
Commitment fee, percentage	0.25%
Weighted average interest rate of borrowings outstanding		6.50%	5.70%
Subscription Credit Agreement [Member]
Debt (Details) [Line Items]
SOFR plus percentage	1.975%

Debt (Details) - Schedule of de

Debt (Details) - Schedule of debt obligations - USD ($) $ in Thousands		Mar. 31, 2023	Dec. 31, 2022
Subscription Credit Facility [Member]
Debt (Details) - Schedule of debt obligations [Line Items]
Aggregate Principal Committed		$ 25,000
Outstanding Principal
Amount Available	[1]	$ 25,000
Credit Facility [Member]
Debt (Details) - Schedule of debt obligations [Line Items]
Aggregate Principal Committed			$ 25,000
Outstanding Principal			750
Amount Available	[2]		$ 24,250
[1]The amount available reflects any limitations related to the Subscription Credit Facility’s borrowing base as of March 31, 2023.[2]The amount available reflects any limitations related to the Subscription Credit Facility’s borrowing base as of December 31, 2022.

Share Transactions (Details)

Share Transactions (Details) - USD ($) $ in Thousands		3 Months Ended
	Apr. 14, 2023	Mar. 31, 2023
Share Transactions (Details) [Line Items]
Aggregate capital commitment		$ 353,535
Undrawn commitments		$ 225,535
Share issued (in Shares)		340
Subsequent Event [Member]
Share Transactions (Details) [Line Items]
Share issued (in Shares)	564
DRIP value	$ 2,923

Share Transactions (Details) -

Share Transactions (Details) - Schedule of common stock shares issued and aggregate proceeds $ / shares in Units, $ in Thousands	Feb. 28, 2023 USD ($) $ / shares shares
Share Transactions (Details) - Schedule of common stock shares issued and aggregate proceeds [Line Items]
Common stock shares issued | shares	4,775
Aggregate offering amount | $	$ 25,000
February 28, 2023 [Member]
Share Transactions (Details) - Schedule of common stock shares issued and aggregate proceeds [Line Items]
Offering price per share | $ / shares	$ 5,236
Common stock shares issued | shares	4,775
Aggregate offering amount | $	$ 25,000

Share Transactions (Details) _2

Share Transactions (Details) - Schedule of dividends declared and payable by the company	3 Months Ended
	Mar. 31, 2023 $ / shares
Share Transactions (Details) - Schedule of dividends declared and payable by the company [Line Items]
Dividend per share	$ 115
March 27, 2023 [Member]
Share Transactions (Details) - Schedule of dividends declared and payable by the company [Line Items]
Dividend record date	Mar. 31, 2023
Dividend payment date	Apr. 14, 2023
Dividend per share	$ 115

Share Transactions (Details) _3

Share Transactions (Details) - Schedule of amounts received and shares of common stock issued to shareholder $ in Thousands	3 Months Ended
	Mar. 31, 2023 USD ($) shares
Share Transactions (Details) - Schedule of amounts received and shares of common stock issued to shareholder [Line Items]
DRIP shares issued | shares	340
DRIP value | $	$ 1,750
December 29, 2022 [Member]
Share Transactions (Details) - Schedule of amounts received and shares of common stock issued to shareholder [Line Items]
Dividend payment date	Jan. 13, 2023
DRIP shares issued | shares	340
DRIP value | $	$ 1,750

Commitments and Contingencies_2

Commitments and Contingencies (Details) - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Unfunded commitments	$ 20,730	$ 21,148

Commitments and Contingencies_3

Commitments and Contingencies (Details) - Schedule of summary of the composition of the unfunded commitments - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	$ 20,730	$ 21,148
Alcami Corporation (Alcami) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	890	890
Allcat Claims Service, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	460	1,723
Allentown, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	606	606
American Equipment Holdings LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	3,000	5,000
American Soccer Company, Incorporated (SCORE) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	203	243
Atria Wealth Solutions, Inc. [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	2,784	2,784
Basel U.S. Acquisition Co., Inc. (IAC) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	399	399
BCI Burke Holding Corp. [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	618	618
BLP Buyer, Inc. (Bishop Lifting Products) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	159	159
BR PJK Produce, LLC (Keany) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	228	228
Brightview, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	450	489
CGI Automated Manufacturing, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	96	160
DISA Holdings Corp. (DISA) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	1,198	1,189
FCA, LLC (FCA Packaging) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	288	288
Gulf Pacific Holdings, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	922	1,120
IF&P Foods, LLC (FreshEdge) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	815	874
Improving Acquisition LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	327	354
Krayden Holdings, Inc.[Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	1,813
Light Wave Dental Management LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	677	677
LSL Industries, LLC (LSL Healthcare) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	1,305	1,305
MacNeill Pride Group [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	1,106	1,055
SGA Dental Partners Holdings, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	207	207
Siegel Egg Co., LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	263	192
Universal Marine Medical Supply International, LLC (Unimed) [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	588	588
Worldwide Produce Acquisition, LLC [Member]
Schedule of Summary of the Composition of the Unfunded Commitments [Abstract]
Total unfunded commitments	$ 1,328

Earnings Per Share (Details) -

Earnings Per Share (Details) - Schedule of computation of basic and diluted earnings per share of common stock - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule of computation of basic and diluted earnings per share of common stock [Abstract]
Net increase (decrease) in net assets resulting from operations	$ 3,434	$ 274
Weighted average shares of common stock outstanding - basic	22,546	8,600
Earnings (loss) per share of common stock - basic	$ 152	$ 32

Earnings Per Share (Details) _2

Earnings Per Share (Details) - Schedule of computation of basic and diluted earnings per share of common stock (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Schedule of computation of basic and diluted earnings per share of common stock [Abstract]
Weighted average shares of common stock outstanding - diluted	22,546	8,600
Earnings (loss) per share of common stock - diluted	$ 152	$ 32

Financial Highlights (Details)

Financial Highlights (Details) - Schedule of financial highlights - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Per Common Share Operating Performance (1)
Net Asset Value, Beginning of Period	[1]	$ 5,153	$ 4,986
Results of Operations:
Net Investment Income	[1]	131	4
Net Realized and Unrealized Gain (Loss) on Investments	[1],[2]	18	28
Net Increase (Decrease) in Net Assets Resulting from Operations	[1]	149	32
Distributions to Common Stockholders
Distributions from Net Investment Income	[1]	(115)
Net Decrease in Net Assets Resulting from Distributions	[1]	(115)
Net Asset Value, End of Period	[1]	$ 5,187	$ 5,018
Shares Outstanding, End of Period (in Shares)		25,668	8,600
Ratio/Supplemental Data
Net assets, end of period (in Dollars)		$ 133,140	$ 43,153
Weighted-average shares outstanding (in Shares)		22,546	8,600
Total Return	[3]	2.90%	0.60%
Portfolio turnover		0.70%	0.50%
Ratio of operating expenses to average net assets		1.90%	2.90%
Ratio of net investment income (loss) to average net assets		10%	0.30%
[1]The per common share data was derived by using weighted average shares outstanding.[2]Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with the aggregate gains and losses in the Consolidated Statement of Operations due to share transactions during the period.[3]Total return is calculated as the change in net asset value (“NAV”) per share during the period, plus distributions per share (if any), divided by the beginning NAV per share. The calculation also assumes reinvestment of dividends at actual prices pursuant to the Company’s dividend reinvestment plan. Total return is not annualized.

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands				3 Months Ended
	Jun. 30, 2023	May 10, 2023	Apr. 14, 2023	Mar. 31, 2023	Mar. 31, 2022
Subsequent Events (Details) [Line Items]
Distribution per share	$ 136
Total distribution (in Dollars)				$ 2,952
Subsequent Event [Member]
Subsequent Events (Details) [Line Items]
Distribution per share			$ 115
Total distribution (in Dollars)			$ 2,952
Proceeds from Issuance of Common Stock, Dividend Reinvestment Plan (in Dollars)			$ 2,923
Purchase of common stock shares (in Shares)			564