Onex Falcon Direct Lending BDC Fund 10-Q 11 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
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	Onex Falcon Direct Lending BDC Fund
Trading Symbol	None
Entity Central Index Key	0001860424
Current Fiscal Year End Date	--12-31
Securities Act File Number	814-01405
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	00-0000000
Entity Address, Address Line One	21 Custom House Street
Entity Address, Address Line Two	10th Floor
Entity Address, City or Town	Boston
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02110
City Area Code	617
Local Phone Number	412-2700
Title of 12(b) Security	None
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		12,278,934

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities (Unaudited) - USD ($)	Mar. 31, 2023		Dec. 31, 2022
Assets:
Non-controlled/non-affiliated investments, at fair value (amortized cost of $533,412,766 and $510,803,850, respectively)	$ 526,177,088		$ 504,942,593
Cash and cash equivalents	27,042,779		6,395,756
Restricted cash	494,149		35,323
Interest and other receivables	6,114,305		10,168,492
Deferred financing costs (net of $1,206,380 and $928,463 in amortized expenses, respectively)	1,676,764		1,954,681
Prepaid expenses	125,298		175,075
Total Assets	561,630,383		523,671,920
Liabilities:
Credit facility (Note 5)	255,000,000		211,000,000
Management fee payable (Note 3)	1,646,178		1,629,663
Incentive fee payable (Note 3)	1,429,914		1,725,588
Administration fee payable (Note 3)	658,707		1,300,016
Interest payable	2,293,853		1,666,977
Accrued expenses and other liabilities	603,375		436,897
Total Liabilities	261,632,027		217,759,141
Commitments and Contingencies (Note 10)
Total Net Assets	299,998,356	[1],[2],[3]	305,912,779	[4],[5]
Net Assets:
Common shares, $0.001 par value (unlimited shares authorized, 12,260,748 and 12,455,723 shares issued and outstanding, respectively)	12,261		12,456
Additional paid-in capital	306,830,297		311,618,675
Accumulated distributable earnings (losses)	(6,844,202)		(5,718,352)
Net Assets	$ 299,998,356		$ 305,912,779
Net Asset Value Per Share	$ 24.47		$ 24.56
[1] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted as Canadian dollar ("CAD"). The amortized cost represents the initial cost adjusted for the accretion of discount or amortization of premium, as applicable, using the effective interest method. Unless otherwise noted, the fair value of the Company’s investments is determined using significant unobservable inputs (classified as Level 3 within the fair value hierarchy) by the Adviser in its role as "valuation designee" in accordance with Rule 2a-5 under the 1940 Act, pursuant to valuation policies and procedures that have been approved by the Company's board of trustees (the "Board"). Although the Board designated the Adviser as "valuation designee," the Board ultimately is responsible for fair value determinations under the 1940 Act. (See Note 2 to the consolidated financial statements) All of the Company’s investments are issued by eligible portfolio companies, as defined in the 1940 Act, unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted as Canadian dollar ("CAD"). Unless otherwise noted, the fair value of the Company’s investments is determined using significant unobservable inputs (classified as Level 3 within the fair value hierarchy) by the Adviser in its role as "valuation designee" in accordance with Rule 2a-5 under the 1940 Act, pursuant to valuation policies and procedures that have been approved by the Board. Although the Board designated the Adviser as "valuation designee," the Board ultimately is responsible for fair value determinations under the 1940 Act. (See Note 2 to the consolidated financial statements)

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Unaudited) (Parenthetical) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Amortized cost non-controlled/non-affiliated investments, at fair value	$ 533,412,766	$ 510,803,850
Amortized expenses of deferred financing costs	$ 1,206,380	$ 928,463
Common shares, par value	$ 0.001	$ 0.001
Common shares, shares authorized	unlimited	unlimited
Common shares, shares issued	12,260,748	12,455,723
Common shares, shares outstanding	12,260,748	12,455,723

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Non-controlled, non-affiliated investments:
Interest income	$ 15,212,889	$ 6,009,083
Other income	346,240
Total Investment Income	15,559,129	6,009,083
Expenses:
Management fee	1,646,178	1,102,855
Incentive fee	2,329,914	0
Administration fee	278,000	148,000
Organizational and offering costs (Note 2)		31,698
Professional fees	336,487	288,125
Trustees' fees	43,000	45,000
Interest and credit facility expense	4,404,196	598,745
Other general and administrative expense	221,329	284,148
Total Expenses	9,259,104	2,498,571
Incentive fee waiver	(900,000)
Net Expenses	8,359,104	2,498,571
Net Investment Income (Loss)	7,200,025	3,510,512
Net realized gains (losses) on investments:
Non-controlled, non-affiliated investments	56,032	20,020
Net change in unrealized appreciation/(depreciation) on investments:
Non-controlled, non-affiliated investments	(1,374,421)	(562,028)
Net realized and unrealized gain (loss)	(1,318,389)	(542,008)
Net Increase (Decrease) in Net Assets Resulting from Operations	$ 5,881,636	$ 2,968,504
Net investment income (loss) per common share - Basic and Diluted	$ 0.59	$ 0.35
Net increase (decrease) in net assets resulting from operations per common share - Basic and Diluted	$ 0.48	$ 0.29
Weighted Average Common Shares Outstanding - Basic	12,300,303	10,083,146
Weighted Average Common Shares Outstanding - Diluted	12,300,303	10,083,146

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Beginning balance	$ 305,912,779	$ 194,631,542
Net investment income (loss)	7,200,025	3,510,512
Net realized gain (loss) on investments	56,032	20,020
Net changes in unrealized appreciation depreciation on investments	$ (1,374,421)	$ (562,028)
Issuance of common shares, shares	44,339	2,514,909
Issuance of common shares	$ 1,088,965	$ 62,973,318
Redemption of common shares	(10,270,713)
Distributions to shareholders	(7,007,486)	$ (3,497,617)
Shares issued in connection with distribution reinvestment plan	$ 4,393,175
Ending balance, shares	12,260,748	10,287,109
Ending balance	$ 299,998,356	$ 257,075,747
Common Shares
Beginning balance, shares	12,455,723	7,772,200
Beginning balance	$ 12,456	$ 7,772
Issuance of common shares, shares	44,339	2,514,909
Issuance of common shares	$ 44	$ 2,515
Redemption of common shares, shares	(418,189)
Redemption of common shares	$ (418)
Shares issued in connection with distribution reinvestment plan, shares	178,875
Shares issued in connection with distribution reinvestment plan	$ 179
Ending balance, shares	12,260,748	10,287,109
Ending balance	$ 12,261	$ 10,287
Capital in Excess of Par
Beginning balance	311,618,675	194,861,143
Issuance of common shares	1,088,921	62,970,803
Redemption of common shares	(10,270,295)
Shares issued in connection with distribution reinvestment plan	4,392,996
Ending balance	306,830,297	257,831,946
Total Distributable Earnings (Losses)
Beginning balance	(5,718,352)	(237,373)
Net investment income (loss)	7,200,025	3,510,512
Net realized gain (loss) on investments	56,032	20,020
Net changes in unrealized appreciation depreciation on investments	(1,374,421)	(562,028)
Distributions to shareholders	(7,007,486)	(3,497,617)
Ending balance	$ (6,844,202)	$ (766,486)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities:
Net increase (decrease) in net assets resulting from operations	$ 5,881,636	$ 2,968,504
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Net realized (gains)/losses on investments	(56,032)	(20,020)
Net change in unrealized (appreciation) depreciation on investments	1,374,421	562,028
Net accretion of discount on investments	(633,295)	(670,762)
Amortization of deferred financing costs	277,917	118,403
Amortization of deferred offering costs		31,698
Payment-in-kind interest income	(340,667)
Purchases and drawdowns of investments	(24,846,991)	(114,746,073)
Sales and repayments of investments	3,268,069	4,152,204
(Increase) decrease in operating assets:
Interest and other receivables	4,054,187	(2,911,301)
Deferred offering costs		(110,940)
Prepaid expenses	49,777	52,903
Increase (decrease) in operating liabilities:
Management fee payable	16,515	341,222
Incentive fee payable	(295,674)
Administration fee payable	(641,309)	(1,075,968)
Interest payable	626,876	144,551
Payable for investments purchased		(14,893,750)
Accrued expenses and other liabilities	166,478	(80,550)
Net cash provided by (used in) operating activities	(11,098,092)	(126,256,254)
Cash Flows from Financing Activities:
Proceeds from issuance of common shares	1,088,965	62,973,318
Redemption of common shares	(10,270,713)
Distributions to shareholders	(2,614,311)
Borrowings on credit facility	44,000,000	110,000,000
Payments on credit facility		(103,000,000)
Net cash provided by (used in) financing activities	32,203,941	69,973,318
Net increase (decrease) in cash and cash equivalents	21,105,849	(56,282,936)
Cash and cash equivalents and restricted cash, beginning of period	6,431,079	85,376,644
Cash and cash equivalents and restricted cash, end of period	27,536,928	29,093,708
Supplemental and Non-Cash Information
Cash paid for interest	3,499,403	335,791
Reinvestments of distributions	4,393,175
Reconciliation of Cash and Cash Equivalents and Restricted Cash
Cash and cash equivalents	27,042,779	28,481,199
Restricted cash	494,149	612,509
Total cash and cash equivalents and restricted cash	$ 27,536,928	$ 29,093,708

Consolidated Schedule of Invest

Consolidated Schedule of Investments - USD ($)		3 Months Ended		12 Months Ended
		Mar. 31, 2023		Dec. 31, 2022
Schedule of Investments [Line Items]
Amortized Cost		$ 533,412,766		$ 510,803,850
Fair Value		526,177,088		504,942,593
Liabilities in Excess of Other Assets		$ 226,178,732	[1],[2]	$ 199,029,814	[3],[4]
Liabilities in Excess of Other Assets, percentage		75.40%	[1]	65.10%	[3]
Total Net Assets		$ 299,998,356	[1],[2],[5]	$ 305,912,779	[3],[4]
Net assets, Percentage		100%	[1]	100%	[3]
Total Commitment		$ 70,974,177		$ 60,042,359
Funded Commitment		13,762,315		11,900,217
Expired Commitment		1,612,903		1,612,903
Unfunded Commitment		$ 55,598,959		$ 46,529,239
Prime
Schedule of Investments [Line Items]
Reference Rate and Spread %		0%		7.50%
Automotive
Schedule of Investments [Line Items]
Fair Value		$ 18,953,303		$ 18,641,767
Business Services
Schedule of Investments [Line Items]
Fair Value		70,981,491		71,864,705
Chemicals, Plastics & Rubber
Schedule of Investments [Line Items]
Fair Value		6,251,520		6,299,949
Construction & Building
Schedule of Investments [Line Items]
Fair Value		13,987,742		13,891,279
Consumer Goods: Durable
Schedule of Investments [Line Items]
Fair Value		51,834,111		52,528,261
Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Fair Value		41,570,363		42,386,720
Consumer Services
Schedule of Investments [Line Items]
Fair Value		9,293,031		9,694,347
Forest Products & Paper
Schedule of Investments [Line Items]
Fair Value		11,735,115		11,681,141
Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Fair Value		99,053,285		97,294,977
High Tech Industries
Schedule of Investments [Line Items]
Fair Value		89,511,780		85,401,792
Insurance
Schedule of Investments [Line Items]
Fair Value		19,065,681
Sovereign & Public Finance
Schedule of Investments [Line Items]
Fair Value		54,296,568		53,948,701
Transportation: Cargo
Schedule of Investments [Line Items]
Fair Value		20,889,482		20,953,208
Wholesale
Schedule of Investments [Line Items]
Fair Value		18,753,616		20,355,746
Delayed Draw Term Loan
Schedule of Investments [Line Items]
Unfunded Commitment		41,242,087		31,857,888
Delayed Draw Term Loan | Steele Solutions, Inc.
Schedule of Investments [Line Items]
Total Commitment		3,225,806		3,225,806
Expired Commitment		1,612,903		1,612,903
Unfunded Commitment		1,612,903		1,612,903
Delayed Draw Term Loan | Zips Car Wash, LLC.
Schedule of Investments [Line Items]
Total Commitment		25,000,000		25,000,000
Funded Commitment		9,765,625		9,765,625
Unfunded Commitment		15,234,375		15,234,375
Delayed Draw Term Loan | APT Opco, LLC.
Schedule of Investments [Line Items]
Total Commitment		4,761,905		4,761,905
Funded Commitment		1,547,619
Unfunded Commitment		3,214,286		4,761,905
Delayed Draw Term Loan | Celerion Buyer, Inc.
Schedule of Investments [Line Items]
Total Commitment		2,301,790		2,301,790
Unfunded Commitment		2,301,790		2,301,790
Delayed Draw Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.)
Schedule of Investments [Line Items]
Total Commitment		1,625,000
Unfunded Commitment		1,625,000
Delayed Draw Term Loan | Foundation Risk Partners, Corp.
Schedule of Investments [Line Items]
Total Commitment		9,306,818
Unfunded Commitment		9,306,818
Delayed Draw Term Loan | S4T Holdings Corp. (Vistria ESS Holdings, LLC)
Schedule of Investments [Line Items]
Total Commitment		4,545,455		4,545,455
Unfunded Commitment		4,545,455		4,545,455
Delayed Draw Term Loan | WSP Midco LLC
Schedule of Investments [Line Items]
Total Commitment		3,401,460		3,401,460
Unfunded Commitment		3,401,460		3,401,460
Revolver
Schedule of Investments [Line Items]
Unfunded Commitment		14,356,872		14,671,351
Revolver | Crash Champions Intermediate, LLC
Schedule of Investments [Line Items]
Total Commitment		930,233		930,233
Funded Commitment		255,814
Unfunded Commitment		674,419		930,233
Revolver | Milestone Technologies, Inc
Schedule of Investments [Line Items]
Total Commitment		1,551,724		1,551,724
Funded Commitment		517,241		724,138
Unfunded Commitment		1,034,483		827,586
Revolver | Montana Buyer Inc.
Schedule of Investments [Line Items]
Total Commitment		2,450,000		2,450,000
Unfunded Commitment		2,450,000		2,450,000
Revolver | Steele Solutions, Inc.
Schedule of Investments [Line Items]
Total Commitment		1,935,484		1,935,484
Unfunded Commitment		1,935,484		1,935,484
Revolver | Jackson Paper Manufacturing Company
Schedule of Investments [Line Items]
Total Commitment		1,333,333		1,333,333
Unfunded Commitment		1,333,333		1,333,333
Revolver | Amplity Parent, Inc.
Schedule of Investments [Line Items]
Total Commitment		2,227,032		2,227,032
Funded Commitment		1,113,516		1,410,454
Unfunded Commitment		1,113,516		816,578
Revolver | Celerion Buyer, Inc.
Schedule of Investments [Line Items]
Total Commitment		1,150,895		1,150,895
Unfunded Commitment		1,150,895		1,150,895
Revolver | Spark DSO, LLC.
Schedule of Investments [Line Items]
Total Commitment		2,500,000		2,500,000
Funded Commitment		562,500
Unfunded Commitment		1,937,500		2,500,000
Revolver | SailPoint Technologies Holdings Inc.
Schedule of Investments [Line Items]
Total Commitment		1,876,877		1,876,877
Unfunded Commitment		1,876,877		1,876,877
Revolver | WSP Midco LLC
Schedule of Investments [Line Items]
Total Commitment		850,365		850,365
Unfunded Commitment		850,365		850,365
Non-controlled/Non-affiliated Investments
Schedule of Investments [Line Items]
Amortized Cost		533,412,766	[1],[5]	510,803,850	[3],[6],[7]
Fair Value		$ 526,177,088	[1],[2]	$ 504,942,593	[3],[4],[6]
% of Net Assets		175.40%	[1]	165.10%	[3],[6]
Debt Investments | Non-controlled/Non-affiliated Investments
Schedule of Investments [Line Items]
Amortized Cost		$ 524,230,621	[1],[5]	$ 501,621,705	[3],[7]
Fair Value		$ 518,958,423	[1],[2]	$ 496,354,293	[3],[4]
% of Net Assets		173%	[1]	162.30%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Automotive
Schedule of Investments [Line Items]
Amortized Cost		$ 18,737,275	[1],[5]	$ 18,480,784	[3],[7]
Fair Value		$ 18,953,303	[1],[2]	$ 18,641,767	[3],[4]
% of Net Assets		6.30%	[1]	6.10%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Business Services
Schedule of Investments [Line Items]
Amortized Cost		$ 68,935,401	[1],[5]	$ 70,062,299	[3],[7]
Fair Value		$ 68,424,535	[1],[2]	$ 69,421,906	[3],[4]
% of Net Assets		22.80%	[1]	22.70%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Chemicals, Plastics & Rubber
Schedule of Investments [Line Items]
Amortized Cost		$ 6,423,784	[1],[5]	$ 6,429,265	[3],[7]
Fair Value		$ 6,251,520	[1],[2]	$ 6,299,949	[3],[4]
% of Net Assets		2.10%	[1]	2.10%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Construction & Building
Schedule of Investments [Line Items]
Amortized Cost		$ 13,712,707	[1],[5]	$ 13,728,928	[3],[7]
Fair Value		$ 13,987,742	[1],[2]	$ 13,891,279	[3],[4]
% of Net Assets		4.70%	[1]	4.50%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Consumer Goods: Durable
Schedule of Investments [Line Items]
Amortized Cost		$ 51,708,865	[1],[5]	$ 52,448,720	[3],[7]
Fair Value		$ 51,834,111	[1],[2]	$ 52,528,261	[3],[4]
% of Net Assets		17.30%	[1]	17.20%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Amortized Cost		$ 41,120,476	[1],[5]	$ 41,255,715	[3],[7]
Fair Value		$ 38,841,933	[1],[2]	$ 39,457,205	[3],[4]
% of Net Assets		12.90%	[1]	12.90%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Consumer Services
Schedule of Investments [Line Items]
Amortized Cost		$ 9,605,442	[1],[5]	$ 9,592,303	[3],[7]
Fair Value		$ 9,293,031	[1],[2]	$ 9,694,347	[3],[4]
% of Net Assets		3.10%	[1]	3.20%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Forest Products & Paper
Schedule of Investments [Line Items]
Amortized Cost		$ 11,844,457	[1],[5]	$ 11,888,761	[3],[7]
Fair Value		$ 11,735,115	[1],[2]	$ 11,681,141	[3],[4]
% of Net Assets		3.90%	[1]	3.80%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Amortized Cost		$ 99,801,588	[1],[5]	$ 98,132,260	[3],[7]
Fair Value		$ 99,053,285	[1],[2]	$ 97,294,977	[3],[4]
% of Net Assets		33%	[1]	31.80%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | High Tech Industries
Schedule of Investments [Line Items]
Amortized Cost		$ 90,134,267	[1],[5]	$ 86,530,720	[3],[7]
Fair Value		$ 89,511,780	[1],[2],[5]	$ 85,401,792	[3],[4]
% of Net Assets		29.80%	[1]	27.90%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Sovereign & Public Finance
Schedule of Investments [Line Items]
Amortized Cost		$ 53,648,588	[1],[5]	$ 53,680,098	[3],[7]
Fair Value		$ 54,009,739	[1],[2],[5]	$ 53,706,865	[3],[4]
% of Net Assets		18%	[1]	17.60%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Transportation: Cargo
Schedule of Investments [Line Items]
Amortized Cost		$ 20,925,446	[1],[5]	$ 20,963,123	[3],[7]
Fair Value		$ 20,889,482	[1],[2],[5]	$ 20,953,208	[3],[4]
% of Net Assets		7%	[1]	6.80%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Wholesale
Schedule of Investments [Line Items]
Amortized Cost		$ 18,414,228	[1],[5]	$ 18,428,729	[3],[7]
Fair Value		$ 17,107,166	[1],[2],[5]	$ 17,381,596	[3],[4]
% of Net Assets		5.70%	[1]	5.70%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Foundation Risk Partners, Corp. | Insurance
Schedule of Investments [Line Items]
Amortized Cost	[1],[5],[8]	$ 19,218,097
Fair Value	[1],[2]	$ 19,065,681
% of Net Assets	[1]	6.40%
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Crash Champions Intermediate, LLC | Automotive
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		11.81%	[1],[8]	11.32%	[3],[9]
Initial Acquisition Date		Aug. 08, 2022	[1]	Aug. 08, 2022	[3]
Maturity Date		Aug. 01, 2029	[1]	Aug. 01, 2029	[3]
Par/Shares		6,340,698	[1]	6,356,589	[3]
Amortized Cost		$ 6,223,824	[1],[5]	$ 6,233,650	[3],[7]
Fair Value		$ 6,229,735	[1],[2]	$ 6,220,558	[3],[4]
% of Net Assets		2.10%	[1]	2%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Crash Champions Intermediate, LLC | Automotive | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 7.00%	[1],[8]	1M SOFR + 7.00%	[3],[9]
Reference Rate and Spread %		7%	[1],[8]	7%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | BCP V Everise Acquisition LLC | Business Services
Schedule of Investments [Line Items]
Floor		0.75%	[1],[10],[11]	0.75%	[3],[12]
Interest Rate		11.14%	[1],[8],[10],[11]	10.83%	[3],[9],[12]
Initial Acquisition Date		May 12, 2022	[1],[10],[11]	May 12, 2022	[3],[12]
Maturity Date		May 03, 2027	[1],[10],[11]	May 03, 2027	[3],[12]
Par/Shares		23,779,762	[1],[10],[11]	24,687,500	[3],[12]
Amortized Cost		$ 23,271,104	[1],[5],[10],[11]	$ 24,126,447	[3],[7],[12]
Fair Value		$ 23,323,190	[1],[2],[10],[11]	$ 24,132,031	[3],[4],[12]
% of Net Assets		7.80%	[1],[10],[11]	7.90%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | BCP V Everise Acquisition LLC | Business Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.25%	[1],[8],[10],[11]	3M SOFR + 6.25%	[3],[9],[12]
Reference Rate and Spread %		6.25%	[1],[8],[10],[11]	6.25%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Montana Buyer Inc. | Business Services
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		10.57%	[1],[8]	8.69%	[3],[9]
Initial Acquisition Date		Jul. 22, 2022	[1]	Jul. 22, 2022	[3]
Maturity Date		Jul. 22, 2029	[1]	Jul. 22, 2029	[3]
Par/Shares		21,645,750	[1]	21,700,000	[3]
Amortized Cost		$ 21,245,181	[1],[5]	$ 21,278,109	[3],[7]
Fair Value		$ 21,215,000	[1],[2]	$ 21,266,000	[3],[4]
% of Net Assets		7.10%	[1]	7%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Montana Buyer Inc. | Business Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		6M SOFR + 5.75%	[1],[8]	6M SOFR + 5.75%	[3],[9]
Reference Rate and Spread %		5.75%	[1],[8]	5.75%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Steele Solutions, Inc. | Construction & Building
Schedule of Investments [Line Items]
Floor		0.50%	[1],[11]	0.50%	[3],[12]
Interest Rate		11.35%	[1],[8],[11]	10.32%	[3],[9],[12]
Initial Acquisition Date		Mar. 18, 2022	[1],[11]	Mar. 18, 2022	[3],[12]
Maturity Date		Mar. 18, 2027	[1],[11]	Mar. 18, 2027	[3],[12]
Par/Shares		13,987,742	[1],[11]	14,023,065	[3],[12]
Amortized Cost		$ 13,756,246	[1],[5],[11]	$ 13,775,204	[3],[7],[12]
Fair Value		$ 13,987,742	[1],[2],[11]	$ 13,917,892	[3],[4],[12]
% of Net Assets		4.70%	[1],[11]	4.50%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Steele Solutions, Inc. | Construction & Building | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8],[11]	3M SOFR + 6.50%	[3],[9],[12]
Reference Rate and Spread %		6.50%	[1],[8],[11]	6.50%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | BCDI Meteor Acquisition, LLC | Consumer Goods: Durable
Schedule of Investments [Line Items]
Floor		1%	[1]	1%	[3]
Interest Rate		11.91%	[1],[8]	11.66%	[3],[9]
Initial Acquisition Date		Dec. 29, 2022	[1]	Dec. 29, 2022	[3]
Maturity Date		Oct. 29, 2028	[1]	Oct. 29, 2028	[3]
Par/Shares		25,000,000	[1]	25,000,000	[3]
Amortized Cost		$ 24,405,837	[1],[5]	$ 24,376,008	[3],[7]
Fair Value		$ 24,490,000	[1],[2]	$ 24,437,500	[3],[4]
% of Net Assets		8.20%	[1]	8%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | BCDI Meteor Acquisition, LLC | Consumer Goods: Durable | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 7.00%	[1],[8]	3M SOFR + 7.00%	[3],[9]
Reference Rate and Spread %		7%	[1],[8]	7%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Jackson Paper Manufacturing Company | Forest Products & Paper
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		11.76%	[1],[8],[11]	10.75%	[3],[9],[12]
Initial Acquisition Date		Oct. 01, 2021	[1],[11]	Oct. 01, 2021	[3],[12]
Maturity Date		Aug. 26, 2026	[1],[11]	Aug. 26, 2026	[3],[12]
Par/Shares		12,063,333	[1],[11]	12,126,667	[3],[12]
Amortized Cost		$ 11,865,289	[1],[5],[11]	$ 11,911,102	[3],[7],[12]
Fair Value		$ 11,767,782	[1],[2],[11]	$ 11,725,274	[3],[4],[12]
% of Net Assets		3.90%	[1],[11]	3.80%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Jackson Paper Manufacturing Company | Forest Products & Paper | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 7.00%	[1],[8],[11]	3M LIBOR + 7.00%	[3],[9],[12]
Reference Rate and Spread %		7%	[1],[8],[11]	7%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | GS AcquisitionCo, Inc. | High Tech Industries
Schedule of Investments [Line Items]
Floor		1%	[1],[11],[13]	1%	[3],[12],[14],[15]
Interest Rate		10.80%	[1],[8],[11],[13]	9.92%	[3],[9],[12],[14],[15]
Initial Acquisition Date		Nov. 03, 2021	[1],[11],[13]	Nov. 03, 2021	[3],[12],[14],[15]
Maturity Date		May 25, 2026	[1],[11],[13]	May 25, 2026	[3],[12],[14],[15]
Par/Shares		12,345,158	[1],[11],[13]	12,376,985	[3],[12],[14],[15]
Amortized Cost		$ 12,317,608	[1],[5],[11],[13]	$ 12,346,485	[3],[7],[12],[14],[15]
Fair Value		$ 11,945,175	[1],[2],[11],[13]	$ 11,897,996	[3],[4],[12],[14],[15]
% of Net Assets		4%	[1],[11],[13]	3.90%	[3],[12],[14],[15]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | GS AcquisitionCo, Inc. | High Tech Industries | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 5.75%	[1],[8],[11],[13]	3M LIBOR + 5.75%	[3],[9],[12],[14],[15]
Reference Rate and Spread %		5.75%	[1],[8],[11],[13]	5.75%	[3],[9],[12],[14],[15]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Medallia, Inc. | High Tech Industries
Schedule of Investments [Line Items]
Floor		0.75%	[1],[11],[16]	0.75%	[3],[12],[14]
Interest Rate		10.91%	[1],[8],[11],[16]	10.46%	[3],[9],[12],[14]
Initial Acquisition Date		Oct. 29, 2021	[1],[11],[16]	Oct. 29, 2021	[3],[12],[14]
Maturity Date		Oct. 29, 2028	[1],[11],[16]	Oct. 29, 2028	[3],[12],[14]
Par/Shares		24,672,340	[1],[11],[16]	24,331,673	[3],[12],[14]
Amortized Cost		$ 24,328,219	[1],[5],[11],[16]	$ 23,967,363	[3],[7],[12],[14]
Fair Value		$ 24,139,417	[1],[2],[11],[16]	$ 23,845,040	[3],[4],[12],[14]
% of Net Assets		8%	[1],[11],[16]	7.80%	[3],[12],[14]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | Medallia, Inc. | High Tech Industries | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.50%	[1],[8],[11],[16]	1M LIBOR + 6.50%	[3],[9],[12],[14]
Reference Rate and Spread %		6.50%	[1],[8],[11],[16]	6.50%	[3],[9],[12],[14]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | PDFTron US Acquisition Corp. | High Tech Industries
Schedule of Investments [Line Items]
Floor	[3],[12],[17]			1%
Interest Rate	[3],[9],[12],[17]			9.82%
Initial Acquisition Date	[3],[12],[17]			Mar. 23, 2022
Maturity Date	[3],[12],[17]			Jul. 15, 2027
Par/Shares	[3],[12],[17]			12,977,047
Amortized Cost	[3],[7],[12],[17]			$ 12,745,286
Fair Value	[3],[4],[12],[17]			$ 12,934,223
% of Net Assets	[3],[12],[17]			4.20%
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | PDFTron US Acquisition Corp. | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[3],[9],[12],[17]			1M SOFR + 5.50%
Reference Rate and Spread %	[3],[9],[12],[17]			5.50%
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | SailPoint Technologies Holdings Inc. | High Tech Industries
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		10.99%	[1],[8]	10.58%	[3],[9]
Initial Acquisition Date		Aug. 16, 2022	[1]	Aug. 16, 2022	[3]
Maturity Date		Aug. 16, 2029	[1]	Aug. 16, 2029	[3]
Par/Shares		23,123,123	[1]	23,123,123	[3]
Amortized Cost		$ 22,703,352	[1],[5]	$ 22,679,369	[3],[7]
Fair Value		$ 22,563,544	[1],[2],[5]	$ 22,223,634	[3],[4]
% of Net Assets		7.50%	[1]	7.30%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | SailPoint Technologies Holdings Inc. | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 6.25%	[1],[8]	1M SOFR + 6.25%	[3],[9]
Reference Rate and Spread %		6.25%	[1],[8]	6.25%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | WSP Midco LLC | Wholesale
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		11.09%	[1],[8],[11]	10.63%	[3],[9],[12]
Initial Acquisition Date		Oct. 01, 2021	[1],[11]	Oct. 01, 2021	[3],[12]
Maturity Date		Apr. 27, 2027	[1],[11]	Apr. 27, 2027	[3],[12]
Par/Shares		18,714,832	[1],[11]	18,762,453	[3],[12]
Amortized Cost		$ 18,429,788	[1],[5],[11]	$ 18,455,841	[3],[7],[12]
Fair Value		$ 17,404,794	[1],[2],[5],[11]	$ 17,636,705	[3],[4],[12]
% of Net Assets		5.80%	[1],[11]	5.80%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan | WSP Midco LLC | Wholesale | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.25%	[1],[8],[11]	1M LIBOR + 6.25%	[3],[9],[12]
Reference Rate and Spread %		6.25%	[1],[8],[11]	6.25%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | 2022 Term Loan | Crash Champions Intermediate, LLC | Automotive
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		11.81%	[1],[8]	11.32%	[3],[9]
Initial Acquisition Date		Aug. 08, 2022	[1]	Nov. 11, 2022	[3]
Maturity Date		Aug. 01, 2029	[1]	Aug. 01, 2029	[3]
Par/Shares		10,000,000	[1]	10,000,000	[3]
Amortized Cost		$ 9,617,564	[1],[5]	$ 9,603,648	[3],[7]
Fair Value		$ 9,825,000	[1],[2]	$ 9,786,000	[3],[4]
% of Net Assets		3.30%	[1]	3.20%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | 2022 Term Loan | Crash Champions Intermediate, LLC | Automotive | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 7.00%	[1],[8]	1M SOFR + 7.00%	[3],[9]
Reference Rate and Spread %		7%	[1],[8]	7%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Crash Champions Intermediate, LLC | Automotive
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		11.81%	[1],[8]	11.32%	[3],[9]
Initial Acquisition Date		Aug. 08, 2022	[1]	Aug. 08, 2022	[3]
Maturity Date		Aug. 01, 2029	[1]	Aug. 01, 2029	[3]
Par/Shares		2,706,395	[1]	2,713,178	[3]
Amortized Cost		$ 2,656,668	[1],[5]	$ 2,660,848	[3],[7]
Fair Value		$ 2,659,033	[1],[2]	$ 2,655,116	[3],[4]
% of Net Assets		0.90%	[1]	0.90%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Crash Champions Intermediate, LLC | Automotive | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 7.00%	[1],[8]	1M SOFR + 7.00%	[3],[9]
Reference Rate and Spread %		7%	[1],[8]	7%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Steele Solutions, Inc. | Construction & Building
Schedule of Investments [Line Items]
Floor		0.50%	[1],[13],[18],[19],[20]	0.50%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Mar. 18, 2022	[1],[13],[18],[19],[20]	Mar. 18, 2022	[3],[15],[21],[22],[23]
Maturity Date		Mar. 18, 2027	[1],[13],[18],[19],[20]	Mar. 18, 2027	[3],[15],[21],[22],[23]
Amortized Cost		$ 12,864	[1],[5],[13],[18],[19],[20]	$ 13,693	[3],[7],[15],[21],[22],[23]
Fair Value	[3],[4],[15],[21],[22],[23]			$ (12,097)
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Steele Solutions, Inc. | Construction & Building | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8],[13],[18],[19],[20]	3M SOFR + 6.50%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.50%	[1],[8],[13],[18],[19],[20]	6.50%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Zips Car Wash, LLC. | Consumer Services
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[16],[18]	1%	[3],[14],[15],[21]
Interest Rate		12.07%	[1],[8],[13],[16],[18]	11.58%	[3],[9],[14],[15],[21]
Initial Acquisition Date		Jul. 13, 2022	[1],[13],[16],[18]	Jul. 13, 2022	[3],[14],[15],[21]
Maturity Date		Mar. 01, 2024	[1],[13],[16],[18]	Mar. 01, 2024	[3],[14],[15],[21]
Par/Shares		9,729,906	[1],[13],[16],[18]	9,754,320	[3],[14],[15],[21]
Amortized Cost		$ 9,605,442	[1],[5],[13],[16],[18]	$ 9,592,303	[3],[7],[14],[15],[21]
Fair Value		$ 9,293,031	[1],[2],[13],[16],[18]	$ 9,694,347	[3],[4],[14],[15],[21]
% of Net Assets		3.10%	[1],[13],[16],[18]	3.20%	[3],[14],[15],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Zips Car Wash, LLC. | Consumer Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 7.25%	[1],[8],[13],[16],[18]	1M SOFR + 7.25%	[3],[9],[14],[15],[21]
Reference Rate and Spread %		7.25%	[1],[8],[13],[16],[18]	7.25%	[3],[9],[14],[15],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | APT Opco, LLC. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19]	1%	[3],[15],[21],[22],[23]
Interest Rate	[1],[8],[13],[18],[19]	11.80%
Initial Acquisition Date		Dec. 28, 2021	[1],[13],[18],[19]	Dec. 28, 2021	[3],[15],[21],[22],[23]
Maturity Date		Dec. 28, 2026	[1],[13],[18],[19]	Dec. 28, 2026	[3],[15],[21],[22],[23]
Par/Shares	[1],[13],[18],[19]	1,547,619
Amortized Cost		$ 1,500,110	[1],[5],[13],[18],[19]	$ 37,996	[3],[7],[15],[21],[22],[23]
Fair Value		$ (1,435,714)	[1],[2],[13],[18],[19]	$ (153,333)	[3],[4],[15],[21],[22],[23]
% of Net Assets		(0.50%)	[1],[13],[18],[19]	(0.10%)	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | APT Opco, LLC. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 6.25%	[1],[8],[13],[18],[19]	3M LIBOR + 6.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.25%	[1],[8],[13],[18],[19]	6.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		0.75%	[1],[13],[18],[19],[20]	0.75%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Nov. 07, 2022	[1],[13],[18],[19],[20]	Nov. 07, 2022	[3],[15],[21],[22],[23]
Maturity Date		Nov. 03, 2029	[1],[13],[18],[19],[20]	Nov. 03, 2029	[3],[15],[21],[22],[23]
Amortized Cost		$ 53,804	[1],[5],[13],[18],[19],[20]	$ 56,126	[3],[7],[15],[21],[22],[23]
Fair Value		$ (42,583)	[1],[2],[13],[18],[19],[20]	$ (57,545)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR +6.50%	[1],[8],[13],[18],[19],[20]	3M SOFR +6.50%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.50%	[1],[8],[13],[18],[19],[20]	6.50%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Foundation Risk Partners, Corp. | Insurance
Schedule of Investments [Line Items]
Floor	[1],[13],[18],[19],[20],[24]	0.75%
Initial Acquisition Date	[1],[13],[18],[19],[20],[24]	Mar. 08, 2023
Maturity Date	[1],[13],[18],[19],[20],[24]	Oct. 29, 2028
Amortized Cost	[1],[5],[8],[13],[18],[19],[20],[24]	$ 130,562
Fair Value	[1],[2],[13],[18],[19],[20],[24]	$ (279,205)
% of Net Assets	[1],[13],[18],[19],[20],[24]	(0.10%)
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | Foundation Risk Partners, Corp. | Insurance | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[1],[8],[13],[18],[19],[20],[24]	3M SOFR + 6.75%
Reference Rate and Spread %	[1],[8],[13],[18],[19],[20],[24]	6.75%
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | S4T Holdings Corp. (Vistria ESS Holdings, LLC) | Sovereign & Public Finance
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19],[20]	1%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Dec. 27, 2021	[1],[13],[18],[19],[20]	Dec. 27, 2021	[3],[15],[21],[22],[23]
Maturity Date		Dec. 27, 2026	[1],[13],[18],[19],[20]	Dec. 27, 2026	[3],[15],[21],[22],[23]
Amortized Cost		$ 25,508	[1],[5],[13],[18],[19],[20]	$ 27,187	[3],[7],[15],[21],[22],[23]
Fair Value	[3],[4],[15],[21],[22],[23]			$ (50,455)
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | S4T Holdings Corp. (Vistria ESS Holdings, LLC) | Sovereign & Public Finance | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 6.00%	[1],[8],[13],[18],[19],[20]	1M SOFR + 6.00%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6%	[1],[8],[13],[18],[19],[20]	6%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | WSP Midco LLC | Wholesale
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19],[20]	1%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Oct. 01, 2021	[1],[13],[18],[19],[20]	Oct. 01, 2021	[3],[15],[21],[22],[23]
Maturity Date		Apr. 27, 2027	[1],[13],[18],[19],[20]	Apr. 27, 2027	[3],[15],[21],[22],[23]
Amortized Cost		$ 3,126	[1],[5],[13],[18],[19],[20]	$ 13,925	[3],[7],[15],[21],[22],[23]
Fair Value		$ (238,102)	[1],[2],[5],[13],[18],[19],[20]	$ (204,088)	[3],[4],[15],[21],[22],[23]
% of Net Assets		(0.10%)	[1],[13],[18],[19],[20]	(0.10%)	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Delayed Draw Term Loan | WSP Midco LLC | Wholesale | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.25%	[1],[8],[13],[18],[19],[20]	1M LIBOR + 6.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.25%	[1],[8],[13],[18],[19],[20]	6.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Credit Loan | Crash Champions Intermediate, LLC | Automotive
Schedule of Investments [Line Items]
Floor		0.75%	[1],[13],[18],[19]	0.75%	[3],[15],[21],[22],[23]
Interest Rate	[1],[8],[13],[18],[19]	13.25%
Initial Acquisition Date		Aug. 08, 2022	[1],[13],[18],[19]	Aug. 08, 2022	[3],[15],[21],[22],[23]
Maturity Date		Aug. 01, 2028	[1],[13],[18],[19]	Aug. 01, 2029	[3],[15],[21],[22],[23]
Par/Shares	[1],[13],[18],[19]	255,814
Amortized Cost		$ 239,219	[1],[5],[13],[18],[19]	$ 17,362	[3],[7],[15],[21],[22],[23]
Fair Value		$ (239,535)	[1],[2],[13],[18],[19]	$ (19,907)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0.10%	[1],[13],[18],[19]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Credit Loan | Crash Champions Intermediate, LLC | Automotive | Prime
Schedule of Investments [Line Items]
Reference Rate and Spread		PRIME + 5.25%	[1],[8],[13],[18],[19]	PRIME + 5.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		5.25%	[1],[8],[13],[18],[19]	5.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Closing Date Term Loan | KeyData Associates Inc. | Business Services
Schedule of Investments [Line Items]
Floor		1%	[1],[11],[25]	1%	[3],[12],[17]
Interest Rate		12.03%	[1],[8],[11],[25]	11.94%	[3],[9],[12],[17]
Initial Acquisition Date		Oct. 01, 2021	[1],[11],[25]	Oct. 01, 2021	[3],[12],[17]
Maturity Date		Jul. 16, 2026	[1],[11],[25]	Jul. 16, 2026	[3],[12],[17]
Par/Shares		14,036,250	[1],[11],[25]	14,036,250	[3],[12],[17]
Amortized Cost		$ 10,812,120	[1],[5],[11],[25]	$ 10,826,798	[3],[7],[12],[17]
Fair Value		$ 10,205,250	[1],[2],[11],[25]	$ 10,200,462	[3],[4],[12],[17]
% of Net Assets		3.40%	[1],[11],[25]	3.30%	[3],[12],[17]
Debt Investments | Non-controlled/Non-affiliated Investments | Closing Date Term Loan | KeyData Associates Inc. | Business Services | Canadian Dollar Offered Rate (CDOR)
Schedule of Investments [Line Items]
Reference Rate and Spread		3M CDOR + 7.00%	[1],[8],[11],[25]	3M CDOR + 7.00%	[3],[9],[12],[17]
Reference Rate and Spread %		7%	[1],[8],[11],[25]	7%	[3],[9],[12],[17]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | Milestone Technologies, Inc | Business Services
Schedule of Investments [Line Items]
Floor		1%	[1]	1%	[3]
Interest Rate		11.55%	[1],[8]	11.10%	[3],[9]
Initial Acquisition Date		Dec. 07, 2022	[1]	Dec. 07, 2022	[3]
Maturity Date		Dec. 07, 2028	[1]	Dec. 07, 2028	[3]
Par/Shares		13,414,655	[1]	13,448,276	[3]
Amortized Cost		$ 13,162,503	[1],[5]	$ 13,182,843	[3],[7]
Fair Value		$ 13,233,557	[1],[2]	$ 13,179,310	[3],[4]
% of Net Assets		4.40%	[1]	4.30%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | Milestone Technologies, Inc | Business Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8]	3M SOFR + 6.50%	[3],[9]
Reference Rate and Spread %		6.50%	[1],[8]	6.50%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		0.75%	[1]	0.75%	[3]
Interest Rate		11.18%	[1],[8]	10.64%	[3],[9]
Initial Acquisition Date		Nov. 07, 2022	[1]	Nov. 07, 2022	[3]
Maturity Date		Nov. 03, 2029	[1]	Nov. 03, 2029	[3]
Par/Shares		14,510,946	[1]	14,547,315	[3]
Amortized Cost		$ 14,169,084	[1],[5]	$ 14,188,364	[3],[7]
Fair Value		$ 14,242,494	[1],[2]	$ 14,183,632	[3],[4]
% of Net Assets		4.70%	[1]	4.60%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR +6.50%	[1],[8],[13],[18],[19],[20]	3M SOFR +6.50%	[3],[9]
Reference Rate and Spread %		6.50%	[1],[8],[13],[18],[19],[20]	6.50%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | MMS Bidco LLC. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1]	1%	[3]
Interest Rate		11.20%	[1],[8]	11.20%	[3],[9]
Initial Acquisition Date		Jun. 30, 2022	[1]	Jun. 30, 2022	[3]
Maturity Date		Jun. 30, 2027	[1]	Jun. 30, 2027	[3]
Par/Shares		24,875,000	[1]	24,937,500	[3]
Amortized Cost		$ 24,436,066	[1],[5]	$ 24,469,446	[3],[7]
Fair Value		$ 24,743,163	[1],[2]	$ 24,555,956	[3],[4]
% of Net Assets		8.20%	[1]	8%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | MMS Bidco LLC. | Healthcare & Pharmaceuticals | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8]	3M SOFR + 6.50%	[3],[9]
Reference Rate and Spread %		6.50%	[1],[8]	6.50%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | S4T Holdings Corp. (Vistria ESS Holdings, LLC) | Sovereign & Public Finance
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		10.92%	[1],[8],[11]	10.44%	[3],[9],[12]
Initial Acquisition Date		Dec. 27, 2021	[1],[11]	Dec. 27, 2021	[3],[12]
Maturity Date		Dec. 27, 2026	[1],[11]	Dec. 27, 2026	[3],[12]
Par/Shares		15,261,364	[1],[11]	15,300,000	[3],[12]
Amortized Cost		$ 15,058,107	[1],[5],[11]	$ 15,079,411	[3],[7],[12]
Fair Value		$ 15,261,364	[1],[2],[5],[11]	$ 15,130,170	[3],[4],[12]
% of Net Assets		5.10%	[1],[11]	4.90%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan (First Lien) | S4T Holdings Corp. (Vistria ESS Holdings, LLC) | Sovereign & Public Finance | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 6.00%	[1],[8],[11]	1M SOFR + 6.00%	[3],[9],[12]
Reference Rate and Spread %		6%	[1],[8],[11]	6%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Milestone Technologies, Inc | Business Services
Schedule of Investments [Line Items]
Floor		1%	[1],[16],[18]	1%	[3],[14],[21]
Interest Rate		11.55%	[1],[8],[16],[18]	11.12%	[3],[9],[14],[21]
Initial Acquisition Date		Dec. 07, 2022	[1],[16],[18]	Dec. 07, 2022	[3],[14],[21]
Maturity Date		Dec. 08, 2028	[1],[16],[18]	Dec. 08, 2028	[3],[14],[21]
Par/Shares		517,241	[1],[16],[18]	724,138	[3],[14],[21]
Amortized Cost		$ 487,835	[1],[5],[16],[18]	$ 693,457	[3],[7],[14],[21]
Fair Value		$ 496,293	[1],[2],[16],[18]	$ 693,103	[3],[4],[14],[21]
% of Net Assets		0.20%	[1],[16],[18]	0.20%	[3],[14],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Milestone Technologies, Inc | Business Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8],[16],[18]	3M SOFR + 6.50%	[3],[9],[14],[21]
Reference Rate and Spread %		6.50%	[1],[8],[16],[18]	6.50%	[3],[9],[14],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Montana Buyer Inc. | Business Services
Schedule of Investments [Line Items]
Floor		0.75%	[1],[13],[18],[19],[20]	0.75%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Jul. 22, 2022	[1],[13],[18],[19],[20]	Jul. 22, 2022	[3],[15],[21],[22],[23]
Maturity Date		Jul. 22, 2028	[1],[13],[18],[19],[20]	Jul. 22, 2028	[3],[15],[21],[22],[23]
Amortized Cost		$ 43,342	[1],[5],[13],[18],[19],[20]	$ 45,355	[3],[7],[15],[21],[22],[23]
Fair Value		$ (48,755)	[1],[2],[13],[18],[19],[20]	$ (49,000)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Montana Buyer Inc. | Business Services | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		6M SOFR + 5.75%	[1],[8],[13],[18],[19],[20]	6M SOFR + 5.75%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		5.75%	[1],[8],[13],[18],[19],[20]	5.75%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Steele Solutions, Inc. | Construction & Building
Schedule of Investments [Line Items]
Floor		0.50%	[1],[13],[18],[19],[20]	0.50%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Mar. 18, 2022	[1],[13],[18],[19],[20]	Mar. 18, 2022	[3],[15],[21],[22],[23]
Maturity Date		Mar. 18, 2027	[1],[13],[18],[19],[20]	Mar. 18, 2027	[3],[15],[21],[22],[23]
Amortized Cost		$ 30,675	[1],[5],[13],[18],[19],[20]	$ 32,583	[3],[7],[15],[21],[22],[23]
Fair Value	[3],[4],[15],[21],[22],[23]			$ (14,516)
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Steele Solutions, Inc. | Construction & Building | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.50%	[1],[8],[13],[18],[19],[20]	3M SOFR + 6.50%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.50%	[1],[8],[13],[18],[19],[20]	6.50%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Jackson Paper Manufacturing Company | Forest Products & Paper
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19],[20]	1%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Oct. 01, 2021	[1],[13],[18],[19],[20]	Oct. 01, 2021	[3],[15],[21],[22],[23]
Maturity Date		Aug. 26, 2026	[1],[13],[18],[19],[20]	Aug. 26, 2026	[3],[15],[21],[22],[23]
Amortized Cost		$ 20,832	[1],[5],[13],[18],[19],[20]	$ 22,341	[3],[7],[15],[21],[22],[23]
Fair Value		$ (32,667)	[1],[2],[13],[18],[19],[20]	$ (44,133)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Jackson Paper Manufacturing Company | Forest Products & Paper | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 7.00%	[1],[8],[13],[18],[19],[20]	3M LIBOR + 7.00%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		7%	[1],[8],[13],[18],[19],[20]	7%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		0.75%	[1],[13],[18],[19],[20]	0.75%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Nov. 07, 2022	[1],[13],[18],[19],[20]	Nov. 07, 2022	[3],[15],[21],[22],[23]
Maturity Date		Nov. 03, 2028	[1],[13],[18],[19],[20]	Nov. 03, 2028	[3],[15],[21],[22],[23]
Amortized Cost		$ 26,866	[1],[5],[13],[18],[19],[20]	$ 28,049	[3],[7],[15],[21],[22],[23]
Fair Value		$ (21,292)	[1],[2],[13],[18],[19],[20]	$ (28,772)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | Celerion Buyer, Inc. | Healthcare & Pharmaceuticals | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR +6.50%	[1],[8],[13],[18],[19],[20]	3M SOFR +6.50%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.50%	[1],[8],[13],[18],[19],[20]	6.50%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | SailPoint Technologies Holdings Inc.
Schedule of Investments [Line Items]
% of Net Assets	[1],[13],[18],[19],[20]	0%
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | SailPoint Technologies Holdings Inc. | High Tech Industries
Schedule of Investments [Line Items]
Floor		0.75%	[1],[13],[18],[19],[20]	0.75%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Aug. 16, 2022	[1],[13],[18],[19],[20]	Aug. 16, 2022	[3],[15],[21],[22],[23]
Maturity Date		Aug. 16, 2028	[1],[13],[18],[19],[20]	Aug. 16, 2028	[3],[15],[21],[22],[23]
Amortized Cost		$ 33,618	[1],[5],[13],[18],[19],[20]	$ 35,158	[3],[7],[15],[21],[22],[23]
Fair Value		$ (45,420)	[1],[2],[5],[13],[18],[19],[20]	$ (73,011)	[3],[4],[15],[21],[22],[23]
% of Net Assets	[3],[15],[21],[22],[23]			0%
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | SailPoint Technologies Holdings Inc. | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M SOFR + 6.25%	[1],[8],[13],[18],[19],[20]	1M SOFR + 6.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.25%	[1],[8],[13],[18],[19],[20]	6.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | WSP Midco LLC | Wholesale
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19],[20]	1%	[3],[15],[21],[22],[23]
Initial Acquisition Date		Oct. 01, 2021	[1],[13],[18],[19],[20]	Oct. 01, 2021	[3],[15],[21],[22],[23]
Maturity Date		Apr. 27, 2027	[1],[13],[18],[19],[20]	Apr. 27, 2027	[3],[15],[21],[22],[23]
Amortized Cost		$ 12,434	[1],[5],[13],[18],[19],[20]	$ 13,187	[3],[7],[15],[21],[22],[23]
Fair Value		$ (59,526)	[1],[2],[5],[13],[18],[19],[20]	$ (51,021)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0%	[1],[13],[18],[19],[20]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Loan | WSP Midco LLC | Wholesale | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.25%	[1],[8],[13],[18],[19],[20]	1M LIBOR + 6.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.25%	[1],[8],[13],[18],[19],[20]	6.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | 2022 Incremental Term Loan | Atlas Intermediate III, L.L.C. | Chemicals, Plastics & Rubber
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		10.74%	[1],[8],[11]	10.48%	[3],[9],[12]
Initial Acquisition Date		Mar. 01, 2022	[1],[11]	Mar. 01, 2022	[3],[12]
Maturity Date		Apr. 29, 2025	[1],[11]	Apr. 29, 2025	[3],[12]
Par/Shares		6,512,000	[1],[11]	6,528,444	[3],[12]
Amortized Cost		$ 6,423,784	[1],[5],[11]	$ 6,429,265	[3],[7],[12]
Fair Value		$ 6,251,520	[1],[2],[11]	$ 6,299,949	[3],[4],[12]
% of Net Assets		2.10%	[1],[11]	2.10%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | 2022 Incremental Term Loan | Atlas Intermediate III, L.L.C. | Chemicals, Plastics & Rubber | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 5.75%	[1],[8],[11]	3M LIBOR + 5.75%	[3],[9],[12]
Reference Rate and Spread %		5.75%	[1],[8],[11]	5.75%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Hy Cite Enterprises, LLC | Consumer Goods: Durable
Schedule of Investments [Line Items]
Floor		1.50%	[1],[11]	1.50%	[3],[12]
Interest Rate		13.03%	[1],[8],[11]	12.49%	[3],[9],[12]
Initial Acquisition Date		Nov. 12, 2021	[1],[11]	Nov. 12, 2021	[3],[12]
Maturity Date		Nov. 12, 2026	[1],[11]	Nov. 12, 2026	[3],[12]
Par/Shares		27,936,362	[1],[11]	28,772,673	[3],[12]
Amortized Cost		$ 27,303,028	[1],[5],[11]	$ 28,072,712	[3],[7],[12]
Fair Value		$ 27,344,111	[1],[2],[11]	$ 28,090,761	[3],[4],[12]
% of Net Assets		9.10%	[1],[11]	9.20%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Hy Cite Enterprises, LLC | Consumer Goods: Durable | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 8.00%	[1],[8],[11]	3M LIBOR + 8.00%	[3],[9],[12]
Reference Rate and Spread %		8%	[1],[8],[11]	8%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Foundation Risk Partners, Corp. | Insurance
Schedule of Investments [Line Items]
Floor	[1],[24]	0.75%
Interest Rate	[1],[8],[24]	11.75%
Initial Acquisition Date	[1],[24]	Mar. 08, 2023
Maturity Date	[1],[24]	Oct. 29, 2028
Par/Shares	[1],[24]	19,943,182
Amortized Cost	[1],[5],[8],[24]	$ 19,348,659
Fair Value	[1],[2],[24]	$ 19,344,886
% of Net Assets	[1],[24]	6.40%
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Foundation Risk Partners, Corp. | Insurance | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[1],[8],[24]	3M SOFR + 6.75%
Reference Rate and Spread %	[1],[8],[24]	6.75%
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | IEC Corporation | Sovereign & Public Finance
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		12.66%	[1],[8],[11]	12.23%	[3],[9],[12]
Initial Acquisition Date		Dec. 17, 2021	[1],[11]	Dec. 17, 2021	[3],[12]
Maturity Date		Dec. 26, 2026	[1],[11]	Dec. 26, 2026	[3],[12]
Par/Shares		26,247,069	[1],[11]	26,317,069	[3],[12]
Amortized Cost		$ 25,726,102	[1],[5],[11]	$ 25,765,089	[3],[7],[12]
Fair Value		$ 25,748,375	[1],[2],[5],[11]	$ 25,593,350	[3],[4],[12]
% of Net Assets		8.60%	[1],[11]	8.40%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | IEC Corporation | Sovereign & Public Finance | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 7.50%	[1],[8],[11]	3M LIBOR + 7.50%	[3],[9],[12]
Reference Rate and Spread %		7.50%	[1],[8],[11]	7.50%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Keystone Purchaser, LLC. | Transportation: Cargo
Schedule of Investments [Line Items]
Floor		1%	[1],[11],[16]	1%	[3],[12],[14]
Interest Rate		10.62%	[1],[8],[11],[16]	9.70%	[3],[9],[12],[14]
Initial Acquisition Date		Feb. 01, 2022	[1],[11],[16]	Feb. 01, 2022	[3],[12],[14]
Maturity Date		May 07, 2027	[1],[11],[16]	May 07, 2027	[3],[12],[14]
Par/Shares		21,246,422	[1],[11],[16]	21,300,404	[3],[12],[14]
Amortized Cost		$ 20,925,446	[1],[5],[11],[16]	$ 20,963,123	[3],[7],[12],[14]
Fair Value		$ 20,889,482	[1],[2],[5],[11],[16]	$ 20,953,208	[3],[4],[12],[14]
% of Net Assets		7%	[1],[11],[16]	6.80%	[3],[12],[14]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Loan | Keystone Purchaser, LLC. | Transportation: Cargo | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 5.50%	[1],[8],[11],[16]	3M LIBOR + 5.50%	[3],[9],[12],[14]
Reference Rate and Spread %		5.50%	[1],[8],[11],[16]	5.50%	[3],[9],[12],[14]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Facility | Connect America.com, LLC | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		12.04%	[1],[8],[11]	12.04%	[3],[9],[12]
Initial Acquisition Date		Oct. 01, 2021	[1],[11]	Oct. 01, 2021	[3],[12]
Maturity Date		Jun. 30, 2026	[1],[11]	Jun. 30, 2026	[3],[12]
Par/Shares		21,041,793	[1],[11]	21,091,913	[3],[12]
Amortized Cost		$ 20,741,256	[1],[5],[11]	$ 20,763,795	[3],[7],[12]
Fair Value		$ 20,515,748	[1],[2],[11]	$ 20,511,886	[3],[4],[12]
% of Net Assets		6.80%	[1],[11]	6.70%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Term Facility | Connect America.com, LLC | Consumer Goods: Non-durable | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		6M SOFR + 7.00%	[1],[8],[11]	6M SOFR + 7.00%	[3],[9],[12]
Reference Rate and Spread %		7%	[1],[8],[11]	7%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan (First Lien) | Wellful Inc. | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Floor		0.75%	[1],[10],[11]	0.75%	[3],[12],[26]
Interest Rate		11.17%	[1],[8],[10],[11]	10.42%	[3],[9],[12],[26]
Initial Acquisition Date		Nov. 16, 2021	[1],[10],[11]	Nov. 16, 2021	[3],[12],[26]
Maturity Date		Apr. 21, 2027	[1],[10],[11]	Apr. 21, 2027	[3],[12],[26]
Par/Shares		14,437,500	[1],[10],[11]	14,531,250	[3],[12],[26]
Amortized Cost		$ 14,429,231	[1],[5],[10],[11]	$ 14,521,258	[3],[7],[12],[26]
Fair Value		$ 12,752,644	[1],[2],[10],[11]	$ 13,214,719	[3],[4],[12],[26]
% of Net Assets		4.30%	[1],[10],[11]	4.30%	[3],[12],[26]
Debt Investments | Non-controlled/Non-affiliated Investments | Initial Term Loan (First Lien) | Wellful Inc. | Consumer Goods: Non-durable | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		6M LIBOR + 6.25%	[1],[8],[10],[11]	6M LIBOR + 6.25%	[3],[9],[12],[26]
Reference Rate and Spread %		6.25%	[1],[8],[10],[11]	6.25%	[3],[9],[12],[26]
Debt Investments | Non-controlled/Non-affiliated Investments | Amendment No. 1 Incremental Term Loan | Wellful Inc. | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Floor		0.75%	[1],[10],[11]	0.75%	[3],[12],[26]
Interest Rate		11.17%	[1],[8],[10],[11]	10.50%	[3],[9],[12],[26]
Initial Acquisition Date		Nov. 16, 2021	[1],[10],[11]	Nov. 16, 2021	[3],[12],[26]
Maturity Date		Apr. 21, 2027	[1],[10],[11]	Apr. 21, 2027	[3],[12],[26]
Par/Shares		4,937,500	[1],[10],[11]	4,968,750	[3],[12],[26]
Amortized Cost		$ 4,735,936	[1],[5],[10],[11]	$ 4,756,000	[3],[7],[12],[26]
Fair Value		$ 4,361,294	[1],[2],[10],[11]	$ 4,518,581	[3],[4],[12],[26]
% of Net Assets		1.50%	[1],[10],[11]	1.50%	[3],[12],[26]
Debt Investments | Non-controlled/Non-affiliated Investments | Amendment No. 1 Incremental Term Loan | Wellful Inc. | Consumer Goods: Non-durable | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M SOFR + 6.25%	[1],[8],[10],[11]	3M SOFR + 6.25%	[3],[9],[12],[26]
Reference Rate and Spread %		6.25%	[1],[8],[10],[11]	6.25%	[3],[9],[12],[26]
Debt Investments | Non-controlled/Non-affiliated Investments | Restatement Date Term Loan (First Lien) | Amplity Parent, Inc. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1]	1%	[3]
Interest Rate		10.81%	[1],[8]	10.38%	[3],[9]
Initial Acquisition Date		Feb. 04, 2022	[1]	Feb. 04, 2022	[3]
Maturity Date		Jan. 31, 2027	[1]	Jan. 31, 2027	[3]
Par/Shares		22,488,306	[1]	22,545,238	[3]
Amortized Cost		$ 22,187,546	[1],[5]	$ 22,218,926	[3],[7]
Fair Value		$ 21,431,356	[1],[2]	$ 21,844,081	[3],[4]
% of Net Assets		7.10%	[1]	7.10%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | Restatement Date Term Loan (First Lien) | Amplity Parent, Inc. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.00%	[1],[8]	1M LIBOR + 6.00%	[3],[9]
Reference Rate and Spread %		6%	[1],[8]	6%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Senior Secured Term Loan | APT Opco, LLC. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		11.64%	[1],[8],[11]	10.97%	[3],[9],[12]
Initial Acquisition Date		Dec. 28, 2021	[1],[11]	Dec. 28, 2021	[3],[12]
Maturity Date		Dec. 28, 2026	[1],[11]	Dec. 28, 2026	[3],[12]
Par/Shares		19,985,119	[1],[11]	20,035,714	[3],[12]
Amortized Cost		$ 19,677,258	[1],[5],[11]	$ 19,703,269	[3],[7],[12]
Fair Value		$ 19,515,469	[1],[2],[11]	$ 19,390,564	[3],[4],[12]
% of Net Assets		6.50%	[1],[11]	6.30%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Senior Secured Term Loan | APT Opco, LLC. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 6.25%	[1],[8],[11]	3M LIBOR + 6.25%	[3],[9],[12]
Reference Rate and Spread %		6.25%	[1],[8],[11]	6.25%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Senior Secured Term Loan | Pansophic Learning Ltd. | Sovereign & Public Finance
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		11.92%	[1],[8],[11]	11.42%	[3],[9],[12]
Initial Acquisition Date		Mar. 25, 2022	[1],[11]	Mar. 25, 2022	[3],[12]
Maturity Date		Mar. 25, 2027	[1],[11]	Mar. 25, 2027	[3],[12]
Par/Shares		13,000,000	[1],[11]	13,000,000	[3],[12]
Amortized Cost		$ 12,889,887	[1],[5],[11]	$ 12,862,785	[3],[7],[12]
Fair Value		$ 13,000,000	[1],[2],[5],[11]	$ 13,033,800	[3],[4],[12]
% of Net Assets		4.30%	[1],[11]	4.30%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Senior Secured Term Loan | Pansophic Learning Ltd. | Sovereign & Public Finance | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 7.25%	[1],[8],[11]	1M LIBOR + 7.25%	[3],[9],[12]
Reference Rate and Spread %		7.25%	[1],[8],[11]	7.25%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Amendment No. 1 Term Loan | Bullhorn, Inc.
Schedule of Investments [Line Items]
% of Net Assets	[1],[11],[25]	4.90%
Debt Investments | Non-controlled/Non-affiliated Investments | Amendment No. 1 Term Loan | Bullhorn, Inc. | High Tech Industries
Schedule of Investments [Line Items]
Floor		1%	[1],[11],[25]	1%	[3],[12],[17]
Interest Rate		10.91%	[1],[8],[11],[25]	10.48%	[3],[9],[12],[17]
Initial Acquisition Date		Nov. 10, 2021	[1],[11],[25]	Nov. 10, 2021	[3],[12],[17]
Maturity Date		Sep. 30, 2026	[1],[11],[25]	Sep. 30, 2026	[3],[12],[17]
Par/Shares		14,829,597	[1],[11],[25]	14,868,303	[3],[12],[17]
Amortized Cost		$ 14,796,020	[1],[5],[11],[25]	$ 14,827,375	[3],[7],[12],[17]
Fair Value		$ 14,664,989	[1],[2],[11],[25]	$ 14,573,910	[3],[4],[12],[17]
% of Net Assets	[3],[12],[17]			4.80%
Debt Investments | Non-controlled/Non-affiliated Investments | Amendment No. 1 Term Loan | Bullhorn, Inc. | High Tech Industries | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		3M LIBOR + 5.75%	[1],[8],[11],[25]	3M LIBOR + 5.75%	[3],[9],[12],[17]
Reference Rate and Spread %		5.75%	[1],[8],[11],[25]	5.75%	[3],[9],[12],[17]
Debt Investments | Non-controlled/Non-affiliated Investments | Incremental Term Facility | Connect America.com, LLC | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Floor		1%	[1],[11]	1%	[3],[12]
Interest Rate		11.23%	[1],[8],[11]	11.23%	[3],[9],[12]
Initial Acquisition Date		Apr. 06, 2022	[1],[11]	Apr. 06, 2022	[3],[12]
Maturity Date		Jun. 30, 2026	[1],[11]	Jun. 30, 2026	[3],[12]
Par/Shares		1,243,331	[1],[11]	1,246,292	[3],[12]
Amortized Cost		$ 1,214,053	[1],[5],[11]	$ 1,214,662	[3],[7],[12]
Fair Value		$ 1,212,247	[1],[2],[11]	$ 1,212,019	[3],[4],[12]
% of Net Assets		0.40%	[1],[11]	0.40%	[3],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Incremental Term Facility | Connect America.com, LLC | Consumer Goods: Non-durable | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread		6M SOFR + 7.00%	[1],[8],[11]	6M SOFR + 7.00%	[3],[9],[12]
Reference Rate and Spread %		7%	[1],[8],[11]	7%	[3],[9],[12]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Credit Facility | Amplity Parent, Inc. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18]	1%	[3],[14],[15],[21]
Interest Rate		10.81%	[1],[8],[13],[18]	10.39%	[3],[9],[14],[15],[21]
Initial Acquisition Date		Feb. 04, 2022	[1],[13],[18]	Feb. 04, 2022	[3],[14],[15],[21]
Maturity Date		Jan. 31, 2027	[1],[13],[18]	Jan. 31, 2027	[3],[14],[15],[21]
Par/Shares		1,113,516	[1],[13],[18]	1,410,454	[3],[14],[15],[21]
Amortized Cost		$ 1,083,725	[1],[5],[13],[18]	$ 1,378,699	[3],[7],[14],[15],[21]
Fair Value		$ 1,008,846	[1],[2],[13],[18]	$ 1,341,193	[3],[4],[14],[15],[21]
% of Net Assets		0.30%	[1],[13],[18]	0.40%	[3],[14],[15],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolving Credit Facility | Amplity Parent, Inc. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.00%	[1],[8],[13],[16],[18]	1M LIBOR + 6.00%	[3],[9],[14],[15],[21]
Reference Rate and Spread %		6%	[1],[8],[13],[18]	6%	[3],[9],[14],[15],[21]
Debt Investments | Non-controlled/Non-affiliated Investments | First Lien Term Loan | Spark DSO, LLC. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1]	1%	[3]
Interest Rate		11.24%	[1],[8]	9.99%	[3],[9]
Initial Acquisition Date		Feb. 09, 2022	[1]	Feb. 09, 2022	[3]
Maturity Date		Apr. 19, 2026	[1]	Apr. 19, 2026	[3]
Par/Shares		16,400,645	[1]	16,446,560	[3]
Amortized Cost		$ 16,284,149	[1],[5]	$ 16,315,383	[3],[7]
Fair Value		$ 16,207,118	[1],[2]	$ 16,249,201	[3],[4]
% of Net Assets		5.40%	[1]	5.30%	[3]
Debt Investments | Non-controlled/Non-affiliated Investments | First Lien Term Loan | Spark DSO, LLC. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.25%	[1],[8]	1M LIBOR + 6.25%	[3],[9]
Reference Rate and Spread %		6.25%	[1],[8]	6.25%	[3],[9]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolver | Spark DSO, LLC. | Healthcare & Pharmaceuticals
Schedule of Investments [Line Items]
Floor		1%	[1],[13],[18],[19]	1%	[3],[15],[21],[22],[23]
Interest Rate	[1],[8],[13],[18],[19]	11.32%
Initial Acquisition Date		Feb. 09, 2022	[1],[13],[18],[19]	Feb. 09, 2022	[3],[15],[21],[22],[23]
Maturity Date		Apr. 19, 2026	[1],[13],[18],[19]	Apr. 19, 2026	[3],[15],[21],[22],[23]
Par/Shares	[1],[13],[18],[19]	562,500
Amortized Cost		$ 544,320	[1],[5],[13],[18],[19]	$ 19,656	[3],[7],[15],[21],[22],[23]
Fair Value		$ (533,000)	[1],[2],[13],[18],[19]	$ (30,000)	[3],[4],[15],[21],[22],[23]
% of Net Assets		0.20%	[1],[13],[18],[19]	0%	[3],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | Revolver | Spark DSO, LLC. | Healthcare & Pharmaceuticals | LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread		1M LIBOR + 6.25%	[1],[8],[13],[18],[19]	1M LIBOR + 6.25%	[3],[9],[15],[21],[22],[23]
Reference Rate and Spread %		6.25%	[1],[8],[13],[18],[19]	6.25%	[3],[9],[15],[21],[22],[23]
Debt Investments | Non-controlled/Non-affiliated Investments | 2022-1 Incremental Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries
Schedule of Investments [Line Items]
Floor	[1],[11],[25]	1%
Interest Rate	[1],[8],[11],[25]	10.31%
Initial Acquisition Date	[1],[11],[25]	Mar. 23, 2022
Maturity Date	[1],[11],[25]	Jul. 15, 2027
Par/Shares	[1],[11],[25]	12,944,442
Amortized Cost	[1],[5],[8],[11],[25]	$ 12,730,898
Fair Value	[1],[2],[11],[25]	$ 12,890,075
% of Net Assets	[1],[11],[25]	4.30%
Debt Investments | Non-controlled/Non-affiliated Investments | 2022-1 Incremental Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[1],[8],[11],[25]	1M SOFR + 5.50%
Reference Rate and Spread %	[1],[8],[11],[25]	5.50%
Debt Investments | Non-controlled/Non-affiliated Investments | 2023-1 Incremental Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries
Schedule of Investments [Line Items]
Floor	[1],[11],[25]	1%
Interest Rate	[1],[8],[11],[25]	10.81%
Initial Acquisition Date	[1],[11],[25]	Mar. 21, 2023
Maturity Date	[1],[11],[25]	Jul. 15, 2027
Par/Shares	[1],[25]	3,375,000
Amortized Cost	[1],[5],[8],[25]	$ 3,307,924
Fair Value	[1],[2],[25]	$ 3,360,825
% of Net Assets	[1],[25]	1.10%
Debt Investments | Non-controlled/Non-affiliated Investments | 2023-1 Incremental Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[1],[8],[11],[25]	1M SOFR + 6.00%
Reference Rate and Spread %	[1],[8],[11],[25]	6%
Debt Investments | Non-controlled/Non-affiliated Investments | 2023-1 Incremental Delayed Draw Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries
Schedule of Investments [Line Items]
Floor	[1],[11],[25]	1%
Initial Acquisition Date	[1],[11],[25]	Mar. 21, 2023
Maturity Date	[1],[11],[25]	Mar. 21, 2025
Amortized Cost	[1],[5],[8],[25]	$ 16,136
Fair Value	[1],[2],[25]	$ (6,825)
% of Net Assets	[1],[25]	0%
Debt Investments | Non-controlled/Non-affiliated Investments | 2023-1 Incremental Delayed Draw Term Loan | Apryse Software Corp (fka PDFTron US Acquisition Corp.) | High Tech Industries | SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread	[1],[8],[11],[25]	1M SOFR + 6.00%
Reference Rate and Spread %	[1],[8],[11],[25]	6%
Equity | Non-controlled/Non-affiliated Investments
Schedule of Investments [Line Items]
Amortized Cost		$ 9,182,145	[1],[5]	$ 9,182,145	[3],[7]
Fair Value		$ 7,218,665	[1],[2],[5]	$ 8,588,300	[3],[4]
% of Net Assets		2.40%	[1]	2.80%	[3]
Equity | Non-controlled/Non-affiliated Investments | Business Services
Schedule of Investments [Line Items]
Amortized Cost		$ 2,479,662	[1],[5]	$ 2,479,662	[3],[7]
Fair Value		$ 2,556,956	[1],[2],[5]	$ 2,442,799	[3],[4]
% of Net Assets		0.90%	[1]	0.80%	[3]
Equity | Non-controlled/Non-affiliated Investments | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Amortized Cost		$ 3,102,483	[1],[5]	$ 3,102,483	[3],[7]
Fair Value		$ 2,728,430	[1],[2],[5]	$ 2,929,515	[3],[4]
% of Net Assets		0.90%	[1]	1%	[3]
Equity | Non-controlled/Non-affiliated Investments | Sovereign & Public Finance
Schedule of Investments [Line Items]
Amortized Cost		$ 200,000	[1],[5]	$ 200,000	[3],[7]
Fair Value		$ 286,829	[1],[2],[5]	$ 241,836	[3],[4]
% of Net Assets		0.10%	[1]	0.10%	[3]
Equity | Non-controlled/Non-affiliated Investments | Wholesale
Schedule of Investments [Line Items]
Amortized Cost		$ 3,400,000	[1],[5]	$ 3,400,000	[3],[7]
Fair Value		$ 1,646,450	[1],[2],[5]	$ 2,974,150	[3],[4]
% of Net Assets		0.50%	[1]	1%	[3]
Equity | Non-controlled/Non-affiliated Investments | Class A Common Units | Wholesale Supplies Plus Holdings, LLC | Wholesale
Schedule of Investments [Line Items]
Initial Acquisition Date		Oct. 01, 2021	[1],[27]	Oct. 01, 2021	[3],[28]
Par/Shares		3,400	[1],[27]	3,400	[3],[28]
Amortized Cost		$ 3,400,000	[1],[5],[27]	$ 3,400,000	[3],[7],[28]
Fair Value		$ 1,646,450	[1],[2],[5],[27]	$ 2,974,150	[3],[4],[28]
% of Net Assets		0.50%	[1],[27]	1%	[3],[28]
Equity | Non-controlled/Non-affiliated Investments | Equity Units | S4T Holdings Corp. (Vistria ESS Holdings, LLC) | Sovereign & Public Finance
Schedule of Investments [Line Items]
Initial Acquisition Date		Dec. 27, 2021	[1]	Dec. 27, 2021	[3]
Par/Shares		200	[1]	200	[3]
Amortized Cost		$ 200,000	[1],[5]	$ 200,000	[3],[7]
Fair Value		$ 286,829	[1],[2],[5]	$ 241,836	[3],[4]
% of Net Assets		0.10%	[1]	0.10%	[3]
Equity | Non-controlled/Non-affiliated Investments | Common Equity | KeyData Associates Inc. | Business Services
Schedule of Investments [Line Items]
Initial Acquisition Date		Oct. 01, 2021	[1],[25]	Oct. 01, 2021	[3],[17]
Par/Shares		1,250,000	[1],[25]	1,250,000	[3],[17]
Amortized Cost		$ 979,662	[1],[5],[25]	$ 979,662	[3],[7],[17]
Fair Value		$ 906,056	[1],[2],[5],[25]	$ 942,799	[3],[4],[17]
% of Net Assets		0.30%	[1],[25]	0.30%	[3],[17]
Equity | Non-controlled/Non-affiliated Investments | Common Equity | Milestone Technologies, Inc | Business Services
Schedule of Investments [Line Items]
Initial Acquisition Date		Dec. 07, 2022	[1]	Dec. 07, 2022	[3]
Par/Shares		1,500,000	[1]	1,500,000	[3]
Amortized Cost		$ 1,500,000	[1],[5]	$ 1,500,000	[3],[7]
Fair Value		$ 1,650,900	[1],[2],[5]	$ 1,500,000	[3],[4]
% of Net Assets		0.60%	[1]	0.50%	[3]
Equity | Non-controlled/Non-affiliated Investments | Common Equity | Connect America.com, LLC | Consumer Goods: Non-durable
Schedule of Investments [Line Items]
Initial Acquisition Date		Dec. 15, 2022	[1],[29]	Dec. 15, 2022	[3],[30]
Par/Shares		23,825	[1],[29]	23,825	[3],[30]
Amortized Cost		$ 3,102,483	[1],[5],[29]	$ 3,102,483	[3],[7],[30]
Fair Value		$ 2,728,430	[1],[2],[5],[29]	$ 2,929,515	[3],[4],[30]
% of Net Assets		0.90%	[1],[29]	1%	[3],[30]
PIK | Non-controlled/Non-affiliated Investments | Initial Term Loan | Medallia, Inc. | High Tech Industries
Schedule of Investments [Line Items]
Interest Rate	[1],[8],[11],[16]	50%
Interest Rate, PIK	[3],[9],[12],[14]			50%
[1] All of the Company’s investments are issued by eligible portfolio companies, as defined in the Investment Company Act of 1940, as amended (the “1940 Act”), unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted as Canadian dollar ("CAD"). Unless otherwise noted, the fair value of the Company’s investments is determined using significant unobservable inputs (classified as Level 3 within the fair value hierarchy) by the Adviser in its role as "valuation designee" in accordance with Rule 2a-5 under the 1940 Act, pursuant to valuation policies and procedures that have been approved by the Company's board of trustees (the "Board"). Although the Board designated the Adviser as "valuation designee," the Board ultimately is responsible for fair value determinations under the 1940 Act. (See Note 2 to the consolidated financial statements) All of the Company’s investments are issued by eligible portfolio companies, as defined in the 1940 Act, unless otherwise noted. All of the Company’s investments are issued by U.S. portfolio companies unless otherwise noted as Canadian dollar ("CAD"). Unless otherwise noted, the fair value of the Company’s investments is determined using significant unobservable inputs (classified as Level 3 within the fair value hierarchy) by the Adviser in its role as "valuation designee" in accordance with Rule 2a-5 under the 1940 Act, pursuant to valuation policies and procedures that have been approved by the Board. Although the Board designated the Adviser as "valuation designee," the Board ultimately is responsible for fair value determinations under the 1940 Act. (See Note 2 to the consolidated financial statements) The amortized cost represents the initial cost adjusted for the accretion of discount or amortization of premium, as applicable, using the effective interest method. As of December 31, 2022, the estimated cost basis of investments for U.S. federal tax purposes was $ 510,803,850 , resulting in gross unrealized appreciation and depreciation of $ 1,070,929 and $ 6,932,186 , respectively. The amortized cost represents the initial cost adjusted for the accretion of discount or amortization of premium, as applicable, using the effective interest method. Represents the interest rate in effect as of the reporting date and 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”) or Secured Overnight Financing Rate (“SOFR” or “S”) or Canadian Dollar Offered Rate (“CDOR” or “C”) or alternative base rate (commonly known as the U.S. Prime Rate (“Prime” or “P”), unless otherwise noted), which reset periodically based on the terms of the loan agreement. As of March 31, 2023 , the 1-Month LIBOR or “1M LIBOR” was 4.86 %, the 3-Month LIBOR or “3M LIBOR” was 5.19 %, the 6-Month LIBOR or “6M LIBOR” was 5.31 %, the 1-Month SOFR or “1M SOFR” was 4.80 %, the 3-Month SOFR or “3M SOFR” was 4.91 %, the 6-Month SOFR or “6M SOFR” was 4.90 %, the 1-Month CDOR or "1M CDOR" was 4.95 % and the Prime was 8.0 0 %. Represents the interest rate in effect as of the reporting date and 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”) or Secured Overnight Financing Rate (“SOFR” or “S”) or Canadian Dollar Offered Rate (“CDOR” or “C”) or alternative base rate (commonly known as the U.S. Prime Rate (“Prime” or “P”), unless otherwise noted), which reset periodically based on the terms of the loan agreement. As of December 31, 2022, the 1-Month LIBOR or “1M LIBOR” was 4.39 %, the 3-Month LIBOR or “3M LIBOR” was 4.77 %, the 6-Month LIBOR or “6M LIBOR” was 5.14 %, the 1-Month SOFR or “1M SOFR” was 4.36 %, the 3-Month SOFR or “3M SOFR” was 4.59 %, the 6-Month SOFR or “6M SOFR” was 4.78 %, the 1-Month CDOR or "1M CDOR" was 4.74 % and the Prime was 7.50 %. Level 2 investment. Security, or a portion thereof, is held through Onex Falcon Direct Lending BDC SPV LLC, a wholly-owned subsidiary and a bankruptcy remote special purpose entity, and is pledged as collateral supporting the amounts outstanding under the Société Générale debt facility. Security, or a portion thereof, is held through Onex Falcon Direct Lending BDC SPV LLC, a wholly-owned subsidiary and a bankruptcy remote special purpose entity, and is pledged as collateral supporting the amounts outstanding under the Société Générale debt facility. The undrawn portion of these committed revolvers and delayed draw term loans includes a commitment and/or unused fee rate. The stated interest rate represents the weighted average interest rate of all contracts. The undrawn portion of these committed revolvers and delayed draw term loans includes a commitment and/or unused fee rate. The stated interest rate represents the weighted average interest rate of all contracts. This portfolio company is not a qualifying asset under Section 55(a) of the 1940 Act. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of total assets. Non-qualifying assets represented 7.4% of total assets as of December 31, 2022. As of March 31, 2023 , the Company had the following commitments to fund various revolving and delayed draw term loans. Such commitments are subject to certain conditions set forth in the documents governing these loans and there can be no assurance that such conditions will be satisfied. The maturity date disclosed represents the commitment period of the unfunded term loan or revolver. The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan. As of December 31, 2022, the Company had the following commitments to fund various revolving and delayed draw term loans. Such commitments are subject to certain conditions set forth in the documents governing these loans and there can be no assurance that such conditions will be satisfied. The maturity date disclosed represents the commitment period of the unfunded term loan or revolver. The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan. Represents co-investment made with the Company’s affiliates in accordance with the terms of the exemptive relief that the Company received from the SEC. See “Note 3. Related Party Transactions.” This portfolio company is not a qualifying asset under Section 55(a) of the 1940 Act. The status of these assets under the 1940 Act is subject to change. The Company monitors the status of these assets on an ongoing basis. Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of total assets. Non-qualifying assets represented 7.5 % of total assets as of March 31, 2023 . Level 2 investment. Security is held through Onex Falcon Direct Lending BDC Blocker LLC, a wholly-owned blocker subsidiary. Security is held through Onex Falcon Direct Lending BDC Blocker LLC, a wholly-owned blocker subsidiary. Security is held through Connect America OFDL BDC Holdings, LLC, a wholly-owned subsidiary. Security is held through Connect America OFDL BDC Holdings, LLC, a wholly-owned subsidiary.

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Parenthetical) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Qualifying assets minimum percentage of total assets	70%	70%
Non-qualifying Assets Percentage of Assets	7.50%
Estimated cost basis of investments for U.S. federal tax purposes		$ 510,803,850
Gross unrealized appreciation		1,070,929
Gross unrealized depreciation		$ 6,932,186
1-Month LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread %	4.86%	4.39%
3-Month LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread %	5.19%	4.77%
6-Month LIBOR
Schedule of Investments [Line Items]
Reference Rate and Spread %	5.31%	5.14%
1-Month SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread %	4.80%	4.36%
3-Month SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread %	4.91%	4.59%
6-Month SOFR
Schedule of Investments [Line Items]
Reference Rate and Spread %	4.90%	4.78%
1-Month CDOR
Schedule of Investments [Line Items]
Reference Rate and Spread %	4.95%	4.74%
Prime
Schedule of Investments [Line Items]
Reference Rate and Spread %	0%	7.50%

Organization

Organization	3 Months Ended
	Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Note 1. Organization Onex Falcon Direct Lending BDC Fund (the “Company”), a Delaware statutory trust formed on April 27, 2021, is a non-diversified, closed-end management investment company that has elected to be treated as a business development company (“BDC”) under the 1940 Act. The Company also elected to be treated as a regulated investment company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company commenced operations on October 1, 2021. On August 25, 2021, the Company formed a wholly-owned blocker entity, Onex Falcon Direct Lending BDC Blocker LLC (the “OFDL Blocker”), which holds certain of the Company’s portfolio equity investments. On September 21, 2021, the Company formed a wholly-owned, special-purpose, bankruptcy-remote subsidiary, Onex Falcon Direct Lending BDC SPV, LLC (the “OFDL SPV”), which holds certain of the Company’s portfolio loan investments that are used as collateral for the debt financing facility provided by Société Générale. On December 13, 2022, the Company formed a wholly-owned entity, Connect America OFDL BDC Holdings, LLC (the “OFDL Holdings”), which holds certain of the Company's portfolio equity investments. The Company is managed by Onex Falcon Investment Advisors, LLC, (the “Adviser”). The Adviser, subject to the overall supervision of the Board provides investment advisory services to the Company. The Adviser also provides administrative services necessary for the Company to operate. The Company’s investment objective is to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns. The Company invests primarily in senior and subordinated debt and, to a lesser extent, equity including warrants, options, and convertible instruments, of middle market companies. The Company’s fiscal year ends on December 31.

Significant Accounting Policies

Significant Accounting Policies	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	Note 2. Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) pursuant to the requirements for reporting on Form 10-Q and Regulation S-X, as appropriate. These unaudited consolidated financial statements (“consolidated financial statements”) reflect adjustments that in the opinion of the Company are necessary for the fair presentation of the financial position and results of operations as of and for the periods presented herein and notes thereto should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Form 10-K for the year ended December 31, 2022, as filed with the SEC. The Company is considered an investment company under U.S. GAAP and therefore applies the accounting and reporting guidance applicable to investment companies. Certain comparative figures have been reclassified to conform to the current year’s presentation, specifically: Income statement reclassifications: • “Deferred financing costs” were combined with “Interest and credit facility expense”; and • “Administration fee” was broken out from “Other general and administration expenses”. Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates, and such differences could be material. Consolidation In accordance with U.S. GAAP guidance on consolidation, the Company will generally not consolidate its investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidated the accounts of the Company’s wholly-owned subsidiaries, OFDL SPV, OFDL Blocker and OFDL Holdings, in its consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation. Segments In accordance with U.S. GAAP guidance on segment reporting, the Company has determined that its operations comprise a single reporting segment. Cash and Cash Equivalents and Restricted Cash Cash consists of deposits held at a custodian bank. Cash equivalents consists of money market investments. Restricted cash consists of deposits pledged as collateral. Cash, cash equivalents and restricted cash are held at major financial institutions and, at times, may exceed the insured limits under applicable law. Investments Investment transactions are recorded on the trade date. Realized gains or losses on investments are calculated using the specific identification method as the difference between the net proceeds received (excluding prepayment fees, if any) and the amortized cost basis of the investment without regard to unrealized appreciation or depreciation previously recognized, and include investments charged off during the period, net of recoveries. Net change in unrealized appreciation or depreciation reflects the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation when gains or losses are recognized. Valuation Procedures The Board has designated the Adviser as its “valuation designee” pursuant to Rule 2a-5 under the 1940 Act, and in that role the Adviser is responsible for performing fair value determinations relating to all of the Company’s investments, including periodically assessing and managing any material valuation risks and establishing and applying fair value methodologies, in accordance with valuation policies and procedures that have been approved by the Board. Although the Board designated the Adviser as “valuation designee,” the Board ultimately is responsible for fair value determinations under the 1940 Act. Investments for which market quotations are readily available are valued at such market quotations, which are generally obtained from independent pricing services, broker-dealers or market makers. To validate market quotations, the Company will utilize a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities for which market quotations are not readily available or are deemed not to represent fair value, are valued at fair value as determined in good faith by the Adviser, in accordance with a valuation policy approved by the Board and a consistently applied valuation process. Accordingly, such investments go through the Company’s multi-step valuation process as described below. Investments purchased within the quarter before the valuation date and debt investments with remaining maturities of 60 days or less may each be valued at cost with interest accrued or discount accreted/premium amortized to the date of maturity (although they are typically valued at available market quotations), unless such valuation, in the judgment of the Adviser, does not represent fair value. The Adviser undertakes a multi-step valuation process, which includes, among other procedures, the following: • The valuation process begins with each portfolio company or investment being initially valued using certain inputs, among others, provided by the Adviser's investment professionals that are responsible for the portfolio investment; • Preliminary valuation conclusions are then documented and discussed with the Adviser's senior investment team; • At least once annually, the valuation for each portfolio investment is reviewed by an independent valuation firm. In each case, the Company’s independent third party valuation firm considers observable market inputs together with significant unobservable inputs in arriving at their valuation recommendations for such investments; and • The Adviser then reviews the valuations and determines the fair value of each investment. As part of the valuation process, the Adviser may consider other information and may use valuation methods including but not limited to (i) market quotations for similar investments, (ii) recent trading activity, (iii) discounting forecasted cash flows of the investment, (iv) models that consider the implied yields from comparable debt, (v) third party appraisals, (vi) sale negotiations and purchase offers received from independent parties and (vii) estimated value of underlying assets to be received in any liquidation or restructuring. A determination of fair value involves subjective judgments and estimates and depends on the facts and circumstances present at each valuation date. Due to the inherent uncertainty of determining fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company was required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material. In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein. Financial Accounting Standards Board Accounting Standards Codification Topic 820: Fair Value Measurements and Disclosures (“ASC 820”) specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. ASC 820 also provides guidance regarding a fair value hierarchy, which prioritizes information used to measure fair value and the effect of fair value measurements on earnings and provides for enhanced disclosures determined by the level of information used in the valuation. The Company classifies the inputs used to measure fair values into the following hierarchy: • Level 1—Valuations are based on quoted prices in active markets for identical assets or liabilities that are accessible to the Company at the measurement date. • Level 2—Valuations are based on similar assets or liabilities in active markets, or quoted prices identical or similar assets or liabilities in markets that are not active or for which all significant inputs are observable, either directly or indirectly and model-based valuation techniques for which all significant inputs are observable. • Level 3—Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models incorporating significant unobservable inputs, such as discounted cash flow models and other similar valuation techniques. The valuation of Level 3 assets and liabilities generally requires significant management judgment due to the inability to observe inputs to valuation. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of observable input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and it considers factors specific to the investment. Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. In addition to using the above inputs in investment valuations, the Company applies the valuation policy approved by its Board that is consistent with ASC 820. Consistent with the valuation policy, the Company evaluates the source of inputs, including any markets in which its investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When a security is valued based on prices provided by reputable dealers or pricing services (that is, broker quotes), the Company subjects those prices to various additional criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, the Company reviews pricing provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs. Some additional factors considered include the number of prices obtained as well as an assessment as to their quality, such as the depth of the relevant market relative to the size of the Company’s position. Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material. In addition, changes in the market environment, including the impact of changes in broader market indices and credit spreads, and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein. Revenue Recognition Interest income is recorded on an accrual basis and includes the accretion of discounts and amortization of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. The Company considers many factors relevant to an investment when placing it on or removing it from non-accrual status including, but not limited to, the delinquency status of the investment, economic and business conditions, the overall financial condition of the underlying investment, the value of the underlying collateral, bankruptcy status, if any, and any other facts or circumstances relevant to the investment. Accrued interest is generally reversed when a loan is placed on non-accrual status. Payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability of the outstanding principal and interest. Non-accrual loans may be restored to accrual status when past due principal and interest is paid current and are likely to remain current based on management’s judgment. Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies. Loan origination fees, original issue discount and market discount are capitalized, and the Company amortizes such amounts as interest income over the respective term of the loan or security. Upon the prepayment of a loan or security, any unamortized loan origination fees and original issue discount are recorded as interest income. The Company records prepayment premiums on loans and securities as fee income when it receives such amounts. Payment-in-Kind Interest Payment-in-kind (“PIK”) interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income and generally becomes due at maturity. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to shareholders in the form of distributions, even though the Company has not yet collected the cash. Deferred Financing Costs Origination and other expenses related to the Company’s revolving credit facility are recorded as deferred financing costs and amortized as part of interest expense using the straight-line method over the stated life of the debt instrument. Organization and Offering Costs Organization costs include, among other things, the cost of incorporating, including the cost of legal services, printing, consulting services and other fees pertaining to the Company’s organization. Costs associated with the organization of the Company are expensed as incurred. Offering costs include legal expenses related to the preparation of the Company’s private placement memorandum in connection with the Company's offering of common shares. Offering costs are capitalized as deferred offering expenses and are amortized over twelve months from incurrence. Earnings per Share Basic earnings per share is calculated by dividing net income or loss attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated in the same manner, with further adjustments to reflect the dilutive effect of common share equivalents outstanding. Income Taxes The Company has elected to be regulated as a BDC under the 1940 Act. The Company has elected to be treated for U.S. federal income tax purposes, and intends to qualify annually, as a RIC. So long as the Company maintains its status as a RIC, it generally will not pay corporate-level U.S. federal income or excise taxes on any ordinary income or capital gains that it distributes at least annually to its shareholders as distributions. Rather, any tax liability related to income earned and distributed would represent obligations of the Company’s investors and would not be reflected in the consolidated financial statements of the Company. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more likely than not” to be sustained by the applicable tax authority. 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, ongoing analyses of tax laws, regulations and interpretations thereof. To qualify for and maintain qualification as a RIC, the Company must, among other things, meet certain source of income and asset diversification requirements. In addition, to qualify for RIC tax treatment, the Company must distribute to its shareholders, for each taxable year, at least 90 % of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess, if any, of its realized net short-term capital gains over its realized net long-term capital losses. In addition, based on the excise tax distribution requirements, the Company is subject to a 4 % nondeductible federal excise tax on undistributed income unless the Company distributes in a timely manner in each taxable year an amount at least equal to the sum of (1) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (2) 98.2% of capital gains in excess of capital losses (both long-term and short-term) for the one-year period ending October 31 in that calendar year and (3) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. For this purpose, however, any net ordinary income or capital gains retained by the Company that is subject to corporate income tax is considered to have been distributed. The Company, at its discretion, may carry forward taxable income in excess of calendar year distributions and pay a 4 % nondeductible U.S. federal excise tax on this income. The Company has analyzed the tax positions taken on federal and state income tax returns for all open tax years and has concluded that no provision for income tax for uncertain tax positions is required in the Company’s consolidated financial statements. The Company’s major tax jurisdictions are U.S. federal, New York State, and foreign jurisdictions where the Company makes significant investments. The Company’s federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue. Distributions to Common Shareholders Distributions to the Company’s shareholders are recorded on the record date. The amount to be paid out as a distribution is determined by the Board and is generally based upon earnings estimated by the Adviser. Net realized capital gains, if any, would generally be distributed at least annually, although the Company may decide to retain such capital gains. The Company has adopted an “opt out” distribution reinvestment plan (“DRP”) for its shareholders. As a result, if the Company makes a cash distribution, its shareholders will have their cash distributions reinvested in additional shares of the Company including fractional shares as necessary, unless they specifically “opt out” of the DRP to receive the distribution in cash. Under the DRP, cash distributions to participating shareholders will be reinvested in additional shares of the Company at a purchase price equal to the net asset value per share as of the last day of the calendar quarter immediately preceding the date such distribution was declared. The Company may distribute taxable distributions that are payable in cash or shares at the election of each shareholder. Under certain applicable provisions of the Code and the U.S. Treasury regulations, distributions payable in cash or in common shares at the election of shareholders are treated as taxable distributions. As a result, a U.S. shareholder may be required to pay tax with respect to such distributions in excess of any cash received. If a U.S. shareholder sells the shares it receives in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the distribution, depending on the market price of the Company’s shares at the time of the sale. Furthermore, with respect to non-U.S. shareholders, the Company may be required to withhold U.S. tax with respect to such distributions, including in respect of all or a portion of such distribution that is payable in shares. Foreign Currency Translation Amounts denominated in foreign currencies are translated into U.S. dollars on the following basis: (1) all assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates effective on the date of valuation; and (2) purchases and sales of investments, borrowings and repayments of such borrowings, and income and expense items denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates prevailing on the transaction dates. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments. Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices more volatile than those of comparable U.S. companies or U.S. government securities.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Note 3. Related Party Transactions Administration Agreement Pursuant to an agreement between the Company and the Adviser effective September 16, 2021 (the “Administration Agreement”), the Adviser performs, oversees, or arranges for, the performance of administrative and compliance services necessary for the operations of the Company, which includes office facilities, equipment, bookkeeping and recordkeeping services and such other services as the Adviser, subject to review by the Board, shall from time to time determine to be necessary or useful to perform its obligations under the Administration Agreement. Under the Administration Agreement, the Adviser also provides managerial assistance on the Company’s behalf to those companies that have accepted the Company’s offer to provide such assistance. In addition, pursuant to the Administration Agreement, the Adviser may pay third-party providers of goods or services and the Company will pay or reimburse the Adviser for certain expenses incurred by any such third parties for work done on its behalf. The Company reimburses the Adviser for the allocable portion of the Adviser’s overhead and other expenses incurred by the Adviser and requested to be reimbursed by the Adviser in performing its obligations under the Administration Agreement, including rent and the allocable portion of the cost of the Company’s Chief Compliance Officer and Chief Financial Officer and their respective staffs. In addition, if requested to provide significant managerial assistance to our portfolio companies, the Adviser is paid an additional amount based on the services provided, which shall not exceed the amount the Company receives from such companies for providing this assistance. No person who is an officer, trustee or employee of the Adviser or its affiliates and who serves as a trustee of the Company receives any compensation from the Company for his or her services as a trustee. For the three months ended March 31, 2023 and 2022, the Company incurred administrative fees of $ 0.3 million and $ 0.1 million , respectively. Investment Advisory Agreement The Adviser serves as the Company’s investment adviser pursuant to an investment advisory agreement between the Company and the Adviser effective September 16, 2021 (the “Investment Advisory Agreement”). Pursuant to the Investment Advisory Agreement, the Adviser provides overall investment advisory services for the Company and in accordance with the terms of the Investment Advisory Agreement and the Company’s investment objective, policies and restrictions as in effect from time to time: determines the composition of the Company’s portfolio, the nature and timing of the changes to, the portfolio and the manner of implementing such changes; identifies investment opportunities and makes investment decisions for the Company; monitors investments; performs due diligence on prospective portfolio companies; exercises voting rights in respect of portfolio securities and other investments; serve on, and exercise observer rights for, boards of directors and similar committees of the Company’s portfolio companies; negotiates, obtains and manages financing facilities and other forms of leverage; and provides the Company with such other investment advisory and related services as the Fund may, from time to time, reasonably require for the investment of capital. The Investment Advisory Agreement will be in effect for a period of two years from its effective date and will remain in effect from year-to-year thereafter if approved annually by (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company, and (ii) the vote of a majority of the Company’s Board who are not parties to the Investment Advisory Agreement or “interested persons” of the Company, of the Adviser or of any of their respective affiliates, as defined in the 1940 Act. The Investment Advisory Agreement may be terminated at any time, without the payment of any penalty, upon 60 days’ written notice and, in certain circumstances, upon 120 days’ written notice, by the vote of a majority of the outstanding voting shares of the Company or by the vote of the Board or by the Adviser. Under the terms of the Investment Advisory Agreement, the Company will pay the Adviser a base management fee and a performance-based incentive fee. The base management fee is payable quarterly in arrears at an annual rate of 1.25 % of the Company’s total assets (excluding cash and cash equivalents) at the end of the most recently completed calendar quarter. For the three months ended March 31, 2023 and 2022, management fees were $ 1.6 million and $ 1.1 million , respectively. The incentive fee consists of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on the Company’s income (such fee referred to herein as the “Subordinated Incentive Fee on Income”) and a portion is based on the Company’s capital gains (such fee referred to herein as the “Incentive Fee on Capital Gains”) , each as described below. (1) Subordinated Incentive Fee on Income The Subordinated Incentive Fee on Income will be determined and paid quarterly in arrears based on the amount by which (x) the “Pre-Incentive Fee Net Investment Income” (as defined below) in respect of the current calendar quarter and the eleven preceding calendar quarters beginning with the calendar quarter that commences on or after July 1, 2021, as the case may be (or the appropriate portion thereof in the case of any of the Company’s first eleven calendar quarters that commences on or after July 1, 2021) (in either case, the “Trailing Twelve Quarters”) exceeds (y) the Preferred Return Amount (as defined below) in respect of the Trailing Twelve Quarters. The Preferred Return Amount will be determined on a quarterly basis, and will be calculated by multiplying 1.75% by the Company’s NAV at the beginning of each applicable calendar quarter comprising the relevant Trailing Twelve Quarters. The Preferred Return Amount will be calculated after making appropriate adjustments to the Company’s NAV at the beginning of each applicable calendar quarter for Company subscriptions and distributions during the applicable calendar quarter. The amount of the Subordinated Incentive Fee on Income that will be paid to the Adviser for a particular quarter will equal the excess of the Subordinated Incentive Fee on Income so calculated less the aggregate Subordinated Incentive Fees on Income that were paid to the Adviser and/or earned, but waived, by the Adviser, in the preceding eleven calendar quarters (or portion thereof) comprising the relevant Trailing Twelve Quarters. For this purpose, “Pre-Incentive Fee Net Investment Income” means interest income, dividend income and any other income (including, without limitation, any accrued income that the Company has not yet received in cash and any other fees such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) (the “Ordinary Income”) accrued during the calendar quarter, minus the Company’s operating expenses accrued during the calendar quarter (including, without limitation, the Management Fee, administration expenses and any interest expense and distributions paid on any issued and outstanding preferred shares, but excluding the Subordinated Incentive Fee on Income and the Incentive Fee on Capital Gains). For the avoidance of doubt, Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. “Net Capital Loss” in respect of a particular period means the difference, if positive, between (i) aggregate capital losses, whether realized or unrealized, in such period and (ii) aggregate capital gains, whether realized or unrealized, in such period. The calculation of the Subordinated Incentive Fee on Income for each quarter is as follows: (A) No Subordinated Incentive Fee on Income shall be payable to the Adviser in any calendar quarter in which the Company’s Pre-Incentive Fee Net Investment Income for the Trailing Twelve Quarters does not exceed the Preferred Return Amount; (B) 100 % of the Company’s Pre-Incentive Fee Net Investment Income for the Trailing Twelve Quarters, if any, that exceeds the Preferred Return Amount but is less than or equal to an amount (the “Catch-Up Amount”) determined on a quarterly basis by multiplying 2.0588% by the Company’s NAV at the beginning of each applicable calendar quarter comprising the relevant Trailing Twelve Quarters. The Catch-Up Amount is intended to provide the Adviser with an incentive fee of 15 % on all of the Company’s Pre-Incentive Fee Net Investment Income when the Company’s Pre-Incentive Fee Net Investment Income reaches 2.0588% per quarter during the Trailing Twelve Quarters; and (C) For any quarter in which the Company’s Pre-Incentive Fee Net Investment Income for the Trailing Twelve Quarters exceeds the Catch-Up Amount, the Subordinated Incentive Fee on Income shall equal 15.0 % of the amount of the Company’s Pre-Incentive Fee Net Investment Income for such Trailing Twelve Quarters, as the Preferred Return Amount and Catch-Up Amount will have been achieved. The Subordinated Incentive Fee on Income is subject to a cap (the “Incentive Fee Cap”). The Incentive Fee Cap in any quarter is an amount equal to (a) 15.0 % of the Cumulative Pre-Incentive Fee Net Return (as defined below) during the relevant Trailing Twelve Quarters less (b) the aggregate Subordinated Incentive Fees on Income that were paid to the Adviser and/or earned, but waived, by the Adviser in the preceding eleven calendar quarters (or portion thereof) comprising the relevant Trailing Twelve Quarters. For this purpose, “Cumulative Pre-Incentive Fee Net Return” during the relevant Trailing Twelve Quarters means (x) Pre-Incentive Fee Net Investment Income in respect of the Trailing Twelve Quarters less (y) any Net Capital Loss, if any, in respect of the Trailing Twelve Quarters. If, in any quarter, the Incentive Fee Cap is zero or a negative value, the Company shall pay no Subordinated Incentive Fee on Income to the Adviser in that quarter. If, in any quarter, the Incentive Fee Cap is a positive value but is less than the Subordinated Incentive Fee on Income calculated in accordance with Section 4(b)(i) above, the Company shall pay the Adviser the Incentive Fee Cap for such quarter. If, in any quarter, the Incentive Fee Cap is equal to or greater than the Subordinated Incentive Fee on Income calculated in accordance with Section 4(b)(i) above, the Company shall pay the Adviser the Subordinated Incentive Fee on Income for such quarter. (2) Incentive Fee on Capital Gains The Incentive Fee on Capital Gains shall be determined and payable in arrears as of the end of each calendar year (or upon termination of this Agreement). This fee shall equal 15.0 % of the Company’s realized capital gains on a cumulative basis from inception, calculated as of the end of each calendar year, computed net of all realized capital losses and unrealized capital depreciation on a cumulative basis, less the aggregate amount of any Incentive Fees on Capital Gains previously paid to the Adviser. The aggregate unrealized capital depreciation of the Company shall be calculated as the sum of the differences, if negative, between (a) the valuation of each investment in the Company’s portfolio as of the applicable calculation date and (b) the accreted or amortized cost basis of such investment. For accounting purposes only, the Company accrues, but does not pay, a capital gains incentive fee with respect to unrealized capital appreciation. The accrual of this theoretical capital gains incentive fee assumes all unrealized capital appreciation is realized in order to reflect a theoretical capital gains incentive fee that would be payable to the Investment Adviser at each measurement date. It should be noted that a fee so calculated and accrued would not be payable under the Investment Advisers Act of 1940 (the “Advisers Act”) or the Investment Advisory Agreement, and would not be paid based upon such computation of capital gains incentive fees in subsequent periods. Amounts actually paid to the Adviser will be consistent with the Advisers Act and formula reflected in the Investment Advisory Agreement which specifically excludes consideration of unrealized capital gain. For the three months ended March 31, 2023 and 2022, incentive fees were $ 2.3 million and $ 0.0 , respectively, of which the Adviser voluntarily waived $ 0.9 million for the three months ended March 31, 2023. Revolving Loan Agreement On September 8, 2022, the Company entered into an unsecured revolving loan agreement (the “Revolving Onex Loan”) with Onex Credit Finance Corporation, a subsidiary of the ultimate parent entity of the Adviser (the “Onex Entity”), whereby the Onex Entity may advance amounts to the Company (each such amount, an “Onex Loan”) with a maximum outstanding principal amount of $ 80.0 million and a maturity date with respect to each Onex Loan of the day falling two years after the funding of such Onex Loan. The Company is required to meet certain criteria, including a leverage ratio threshold, before the Onex Entity is obligated to make a loan to the Company. The Revolving Onex Loan is intended to provide the Company with the ability to fund investments, related costs and expenses, and general corporate purposes. Amounts drawn under an Onex Loan will bear interest at the secured overnight financing rate (“SOFR”) plus a spread of 2.60 % . Co-investment Exemptive Relief As a BDC, the Company is subject to certain regulatory restrictions in making its investments. For example, BDCs generally are not permitted to co-invest with certain affiliated entities in transactions originated by the BDC or its affiliates in the absence of an exemptive order from the SEC. However, BDCs are permitted to, and may, simultaneously co-invest in transactions where price is the only negotiated term. On March 29, 2022, the SEC issued an order granting the Company's application for exemptive relief to co-invest in portfolio companies with certain other funds managed by the Adviser or its affiliates (“Affiliated Funds”) and, subject to satisfaction of certain conditions, proprietary accounts of the Adviser or its affiliates (“Proprietary Accounts”) in a manner consistent with the Company’s investment objective, positions, policies, strategies and restrictions as well as regulatory requirements and other pertinent factors, subject to compliance with certain conditions (the “Order”). Pursuant to the Order, the Company is permitted to co-invest with Affiliated Funds and/or Proprietary Accounts if, among other things, a “required majority” (as defined in Section 57(o) of the 1940 Act) of its independent trustees make certain conclusions in connection with a co-investment transaction, including that (1) the terms of the transactions, including the consideration to be paid, are reasonable and fair to the Company and its shareholders and do not involve overreaching of the Company or its shareholders on the part of any person concerned, and (2) the transaction is consistent with the interests of the Company’s shareholders and is consistent with its investment objective and strategies. Organization and Offering Costs Under the Investment Advisory Agreement and the Administrative Agreement, the Company, either directly or through reimbursements to the Adviser or its affiliates, is responsible for its organization and offering costs. Prior to the Company’s commencement of operations, the Adviser funded the Company’s organization and offering costs in the amount of $ 0.8 million, which has been reimbursed by the Company or offset against the Expense Payment due from the Adviser in connection with the Expense Support Agreement (described below). Expense Support Agreement On September 15, 2021, the Company entered into the Expense Support Agreement with the Adviser. Commencing with the fourth quarter of 2021 and on a quarterly basis thereafter, the Adviser may elect to pay certain expenses of the Company from time to time, which the Company will be obligated to reimburse to the Adviser at a later date if certain conditions are met. Any payment so required to be made by the Adviser is referred to herein as an “Expense Payment.” The Adviser’s obligation to make an Expense Payment becomes a liability of the Adviser, and the right to such Expense Payment becomes an asset of the Company, no later than the last business day of the applicable calendar quarter. The Expense Payment for any calendar quarter shall, as promptly as possible, be: (i) paid by the Adviser to the Company in any combination of cash or other immediately available funds, and/or (ii) offset against amounts due from the Company to the Adviser. Pursuant to the Expense Support Agreement, “Available Operating Funds” means the sum of (i) the Company’s net investment company taxable income (including net short-term capital gains reduced by net long-term capital losses), (ii) the Company’s net capital gains (including the excess of net long-term capital gains over net short-term capital losses), and (iii) dividends and other distributions paid to or otherwise earned by the Company on account of investments in portfolio companies (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above.) Following any calendar quarter in which Available Operating Funds exceed the cumulative distributions paid to the Company’s shareholders in such calendar quarter (the amount of such excess being hereinafter referred to as “Excess Operating funds”), the Company shall pay such Excess Operating Funds, or a portion thereof in accordance with the stipulation below, as applicable, to the Adviser until such time as all Expense Payments made by the Adviser to the Company within three years prior to the last business day of such calendar quarter have been reimbursed or waived. Any payments required to be made by the Company pursuant to the preceding sentence are referred to herein as a “Reimbursement Payment.” The amount of the Reimbursement Payment for any calendar quarter will be equal to the lesser of (i) the Excess Operating Funds in such calendar quarter, and (ii) the aggregate amount of all Expense Payments made by the Adviser to the Company within three years prior to the last business day of such calendar quarter that have not been previously reimbursed by the Company to the Adviser. No Reimbursement Payment shall be made if: (1) the Effective Rate of Distributions Per Share declared by the Company at the time of such proposed Reimbursement Payment is less than the Effective Rate of Distributions Per Share (defined below) at the time the Expense Payment was made to which such Reimbursement Payment relates, or (2) the Company’s Operating Expense Ratio at the time of such proposed Reimbursement Payment is greater than the Operating Expense Ratio at the time the Expense Payment was made to which such Reimbursement Payment relates. For purposes of the Expense Support Agreement, “Effective Rate of Distributions Per Share” means the annualized rate (based on a 365 day year) of regular cash distributions per share exclusive of returns of capital, distribution rate reductions due to distribution and shareholder fees, and declared special dividends or special distributions, if any. The “Operating Expense Ratio” is calculated by dividing Operating Expenses, less organizational and offering expenses, base management and incentive fees owed to the Adviser, and interest expense, by the Company’s net assets. The Company’s obligation to make a Reimbursement Payment becomes a liability to the Company, and the right to such Reimbursement Payment becomes an asset of the Adviser, no later than the last business day of the applicable calendar quarter. The Reimbursement Payment for any calendar quarter shall, as promptly as possible, be paid by the Company to the Adviser in any combination of cash or other immediately available funds. Any Reimbursement Payments shall be deemed to have reimbursed the Adviser for Expense Payments in chronological order beginning with the oldest Expense Payment eligible for reimbursement. The Expense Support Agreement may be terminated at any time, without penalty, by the Company or the Adviser, with or without notice. The Expense Support Agreement automatically terminates in the event of (a) the termination by the Company of the Investment Advisory Agreement, or (b) the Board determines to dissolve or liquidate the Company. The Company may or may not reimburse remaining expense support in the future. Management believes that the Reimbursement Payments by the Company to the Adviser are not probable under the terms of the Expense Support Agreement as of March 31, 2023 . The following table summarizes the Expense Payments that may be subject to reimbursement pursuant to the Expense Support Agreement: Quarter Ended Expense Reimbursement Unreimbursed Eligible for December 31, 2021 $ 2,858,000 $ 1,459,766 $ 1,398,234 December 31, 2024 Shares held by Affiliated Accounts As of March 31, 2023 , certain entities affiliated with the Company held shares of the Company. Onex Falcon Investment Advisors, LLC held 67 shares, approximately 0.001 % of the Company’s outstanding shares. Potential Conflicts of Interest The members of the senior management and investment teams of the Adviser serve or may serve as officers, trustees or principals of entities that operate in the same, related or an unrelated line of business as the Company does. In serving in these multiple and other capacities, they may have obligations to other clients or investors in those entities, the fulfillment of which may or may not be in the Company’s best interests or in the best interest of the Company’s shareholders. The Company’s investment objectives may overlap with the investment objectives of such investment funds, accounts or other investment vehicles.

Investments and Fair Value Meas

Investments and Fair Value Measurements	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Investments and Fair Value Measurements	Note 4. Investments and Fair Value Measurements The following table summarizes 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 Cost Fair Value Amortized Cost Fair Value Senior Secured Loans $ 524,230,621 $ 518,958,423 $ 501,621,705 $ 496,354,293 Equity 9,182,145 7,218,665 9,182,145 8,588,300 Total Investments $ 533,412,766 $ 526,177,088 $ 510,803,850 $ 504,942,593 Generally, under the 1940 Act, the Company would be presumed to “control” a portfolio company if it owned more than 25% of its voting securities or it had the power to exercise control over the management or policies of such portfolio company, and would be an “affiliated person” of a portfolio company if it owned 5% or more of its voting securities. As of March 31, 2023 and December 31, 2022, the Company did not “control” and was not an “affiliated person” of any of its portfolio companies, each as defined in the 1940 Act. The following tables summarize the industry and geographic composition of the Company’s investment portfolio based on fair value as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 Fair Value Percentage Fair Value Percentage Automotive $ 18,953,303 3.6 % $ 18,641,767 3.7 % Business Services 70,981,491 13.5 % 71,864,705 14.2 % Chemicals, Plastics & Rubber 6,251,520 1.2 % 6,299,949 1.2 % Construction & Building 13,987,742 2.7 % 13,891,279 2.8 % Consumer Goods: Durable 51,834,111 9.9 % 52,528,261 10.4 % Consumer Goods: Non-durable 41,570,363 7.9 % 42,386,720 8.4 % Consumer Services 9,293,031 1.8 % 9,694,347 1.9 % Forest Products & Paper 11,735,115 2.2 % 11,681,141 2.3 % Healthcare & Pharmaceuticals 99,053,285 18.8 % 97,294,977 19.4 % High Tech Industries 89,511,780 16.9 % 85,401,792 16.9 % Insurance 19,065,681 3.6 % — — % Sovereign & Public Finance 54,296,568 10.3 % 53,948,701 10.7 % Transportation: Cargo 20,889,482 4.0 % 20,953,208 4.1 % Wholesale 18,753,616 3.6 % 20,355,746 4.0 % Total Investments $ 526,177,088 100.0 % $ 504,942,593 100.0 % March 31, 2023 December 31, 2022 Fair Value Percentage Fair Value Percentage United States $ 515,065,782 97.9 % $ 493,799,332 97.8 % Canada 11,111,306 2.1 % 11,143,261 2.2 % Total Investments $ 526,177,088 100.0 % $ 504,942,593 100.0 % The following table summarizes the fair value hierarchy of the Company’s investment portfolio as of March 31, 2023: Level 1 Level 2 Level 3 Total Senior Secured Loans $ — $ 40,437,128 $ 478,521,295 $ 518,958,423 Equity — — 7,218,665 7,218,665 Total Investments $ — $ 40,437,128 $ 485,739,960 $ 526,177,088 The following table summarizes the fair value hierarchy of the Company’s investment portfolio as of December 31, 2022: Level 1 Level 2 Level 3 Total Senior Secured Loans $ — $ 17,733,300 $ 478,620,993 $ 496,354,293 Equity — — 8,588,300 8,588,300 Total Investments $ — $ 17,733,300 $ 487,209,293 $ 504,942,593 The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the three months ended March 31, 2023: Senior Secured Loans Equity Total Balance as of January 1, 2023 $ 478,620,993 $ 8,588,300 $ 487,209,293 Purchases of investments 24,846,991 — 24,846,991 Proceeds from principal pre-payments and sales of investments ( 2,235,331 ) — ( 2,235,331 ) Payment-in-kind 340,667 — 340,667 Net accretion of discount on investments 584,139 — 584,139 Net change in unrealized appreciation (depreciation) on investments 455,984 ( 1,369,635 ) ( 913,651 ) Net realized gain (loss) on investments 39,883 — 39,883 Transfers into Level 3 (1) — — — Transfers out of Level 3 (1) ( 24,132,031 ) — ( 24,132,031 ) Balance as of March 31, 2023 $ 478,521,295 $ 7,218,665 $ 485,739,960 Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ 455,984 $ ( 1,369,635 ) $ ( 913,651 ) (1) Transfers into Level 3, if any, are due to a decrease in the quantity and reliability of broker quotes obtained and transfers out of Level 3, if any, are due to an increase in the quantity and reliability of broker quotes obtained as assessed by the Adviser. Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the three months ended March 31, 2022: Senior Secured Loans Equity Total Balance as of January 1, 2022 $ 221,562,845 $ 4,585,750 $ 226,148,595 Purchases of investments (1) 114,698,455 — 114,698,455 Proceeds from principal pre-payments and sales of investments (1) ( 4,058,453 ) — ( 4,058,453 ) Net accretion of discount on investments 716,198 — 716,198 Net change in unrealized appreciation (depreciation) on investments ( 461,316 ) ( 54,014 ) ( 515,330 ) Net realized gain (loss) on investments 20,783 — 20,783 Transfers into Level 3 — — — Transfers out of Level 3 — — — Balance as of March 31, 2022 $ 332,478,512 $ 4,531,736 $ 337,010,248 Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ ( 461,316 ) $ ( 54,014 ) $ ( 515,330 ) (1) In connection with the preparation of the Company’s interim consolidated financial statements for the three months ended March 31, 2023, the reported subtotal amounts in the “Total” column for the three months ended March 31, 2022 were revised to correct the prior disclosures, as they were not properly summating to the correct subtotal. The valuation techniques and significant unobservable inputs used in the valuation of Level 3 investments as of March 31, 2023 were as follows: Investment type Fair Value Valuation Technique Unobservable Range (Weighted Average) Impact to Valuation from an Increase in Input Senior Secured Loans $ 373,037,078 Discounted cash flow Discount rate 7.1 % - 13.3 % ( 9.7 %) Decrease 86,418,535 Yield analysis Market yield 10.8 % - 12.5 % ( 12.0 %) Decrease 19,065,682 Recent transactions Transaction price 97.0 ( 97.0 ) N/A Equity 7,218,665 Enterprise value waterfall EBITDA multiple 8.9 x - 15.0 x ( 12.7 x) Increase $ 485,739,960 The valuation techniques and significant unobservable inputs used in the valuation of Level 3 investments as of December 31, 2022 were as follows: Investment type Fair Value Valuation Technique Unobservable Range (Weighted Average) Impact to Valuation from an Increase in Input Senior Secured Loans $ 280,648,742 Discounted cash flow Discount rate 6.9 % - 12.0 % ( 9.5 %) Decrease 145,565,023 Yield analysis Market yield 10.2 % - 12.3 % ( 11.4 %) Decrease 52,407,228 Recent transactions Transaction price 97.5 - 98.0 ( 97.75 ) N/A Equity 7,088,300 Enterprise value waterfall EBITDA multiple 13.5 x - 16.2 x ( 15.3 x) Increase 1,500,000 Recent transactions Transaction price 100.0 ( 100.0 ) N/A $ 487,209,293

Debt

Debt	3 Months Ended
	Mar. 31, 2023
Debt Instruments [Abstract]
Debt	Note 5. Debt On October 4, 2021, the OFDL SPV, as borrower, and the Company, solely in its capacities as equity holder and collateral manager, entered into a Loan and Servicing Agreement with Société Générale, as initial lender and agent, and certain financial institutions (the “Lenders”), and U.S. Bank National Association as collateral agent and collateral custodian (the “SPV Facility”), as amended on December 27, 2021, as further amended on March 31, 2022, July 14, 2022 and on April 4, 2023, pursuant to which the amount made available to OFDL SPV was increased from $ 100.0 million to $ 340.0 million. Borrowings under the SPV Facility will bear interest at SOFR plus a spread of 1.75 % or 2.40 % based on certain conditions (or an alternative rate of interest for certain loans denominated in Canadian Dollars, Euros or Sterling). OFDL SPV will also pay an unused commitment fee at rate of (1) 1.00 % if the amount drawn under the SPV Facility is less than the minimum commitment usage (the “Minimum Commitment Usage”) and (2) 0.40 % if the amount drawn under the SPV Revolver is greater than or equal to the Minimum Commitment Usage. The Minimum Commitment Usage is equal to (1) 0.0 % for the first six months ended April 4, 2022; (2) 37.5 % for the period from April 5, 2022 through June 27, 2022; (3) 75 % for the period from June 28, 2022 through July 13, 2022; (4) $ 150.0 million for the period from July 14, 2022 through January 13, 2023; and (5) $ 255.0 million thereafter. The Company also pays a fee of 0.20 % per annum on the outstanding balance under the SPV Facility beginning on July 14, 2022. The SPV Facility terminates on October 2, 2026. In connection with the SPV Facility, on October 4, 2021, the Company entered into a sale and contribution agreement with the OFDL SPV, which provides for the sale and contribution of certain loans to the OFDL SPV and for future sales from the Company to the OFDL SPV on an ongoing basis. Such loans sold and contributed to OFDL SPV constitute part of the initial portfolio of assets securing the SPV Facility. The SPV Facility includes customary covenants, including certain financial maintenance covenants, limitation on the activities of OFDL SPV, including limitations on incurrence of incremental indebtedness, and customary events of default. The SPV Facility is secured by a lien on assets held by the OFDL SPV and on any payments received by OFDL SPV in respect of those assets. Further, as discussed in Note 3 above, on September 8, 2022, the Company entered into the Revolving Onex Loan with the Onex Entity. Debt obligations consisted of the following as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 Total Borrowing Capacity Principal Outstanding Total Borrowing Capacity Principal Outstanding SPV Facility $ 340,000,000 $ 255,000,000 $ 340,000,000 $ 211,000,000 Revolving Onex Loan 80,000,000 — 80,000,000 — $ 420,000,000 $ 255,000,000 $ 420,000,000 $ 211,000,000 Due to the short-term nature of the SPV Facility, the outstanding principal balance approximates fair value. The fair value of the credit facility would be categorized as Level 3. For the three months ended March 31, 2023 and 2022, the components of interest expense were as follows: Three Months Ended March 31, 2023 2022 Interest expense $ 4,126,279 $ 480,342 Amortization of deferred financing costs 277,917 118,403 Total interest expense $ 4,404,196 $ 598,745 Average debt outstanding $ 220,901,099 $ 52,766,667 Weighted average interest rate 6.4 % 2.7 %

Share Transactions

Share Transactions	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
Share Transactions	Note 6. Share Transactions The Company is authorized to issue an unlimited number of common shares at $ 0.001 par value per share. The following table summarizes the total shares issued and proceeds received during the three months ended March 31, 2023: Period Ended Shares Issued Proceeds Received March 31, 2023 44,339 $ 1,088,965 44,339 $ 1,088,965 The following table summarizes the total shares issued and proceeds received during the three months ended March 31, 2022: Period Ended Shares Issued Proceeds Received March 31, 2022 2,514,909 $ 62,973,318 2,514,909 $ 62,973,318 Distributions The Company may fund its cash distributions to shareholders from any sources of funds available to it, including offering proceeds, borrowings, net investment income from operations, capital gains proceeds from the sale of assets, non-capital gains proceeds from the sale of assets, dividends or other distributions paid to the Company on account of preferred and common equity investments in portfolio companies and fee and expense reimbursement waivers from the Adviser or the Administrator, if any. The Company has not established limits on the amount of funds it may use from available sources to make distributions. During certain periods, the Company’s distributions may exceed its taxable earnings. As a result, it is possible that a portion of the distributions the Company makes may represent a return of capital. A return of capital generally is a return of a shareholder’s investment rather than a return of earnings or gains derived from the Company’s investment activities. With respect to distributions, the Company has adopted an “opt out” distribution reinvestment plan (“DRP”) for common shareholders. As a result, in the event of a declared distribution, each shareholder that has not “opted out” of the DRP will have their distributions automatically reinvested in additional common shares rather than receiving cash distributions. Shareholders who receive distributions in the form of common shares will be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions. The following table summarizes the distribution declarations and common shares issued pursuant to the distribution reinvestment plan for the three months ended March 31, 2023: Date Declared Record Date Payment Date Amount Per Share Distribution Declared DRP Shares Issued March 2, 2023 March 2, 2023 March 23, 2023 $ 0.58 $ 7,007,486 178,875 $ 0.58 $ 7,007,486 178,875 The following table summarizes the distribution declarations and common shares issued pursuant to the distribution reinvestment plan for the three months ended March 31, 2022: Date Declared Record Date Payment Date Amount Per Share Distribution Declared DRP Shares Issued March 29, 2022 March 29, 2022 April 29, 2022 $ 0.34 $ 3,497,617 — $ 0.34 $ 3,497,617 —

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Note 7. Earnings Per Share The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Net increase in net assets resulting from operations $ 5,881,636 $ 2,968,504 Weighted average common shares outstanding—basic and diluted 12,300,303 10,083,146 Net increase in net assets resulting from operations per common share—basic and diluted $ 0.48 $ 0.29

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Note 8. Income Taxes The Company has elected to be treated as a RIC under the Code, and intends to operate in a manner so as to continue to qualify for the tax treatment applicable to RICs. As a RIC, the Company is not subject to federal income tax on the portion of its taxable income and gains distributed currently to its shareholders as a distribution. The Company’s quarterly distributions, if any, are determined by the Board. The Company anticipates distributing substantially all of its taxable income and gains, within the Subchapter M rules, and thus the Company anticipates that it will not incur any federal or state income tax at the RIC level. As a RIC, the Company is also subject to a federal excise tax based on distributive requirements of its taxable income on a calendar year basis. Depending on the level of taxable income earned in a tax year, the Company may choose to carry forward taxable income in excess of current year distributions into the next tax year and pay a 4 % excise tax on such income, to the extent required. Taxable Subsidiaries Certain of the Company's subsidiaries are subject to U.S. federal and state corporate-level income taxes. As of March 31, 2023 , there was deferred tax assets of $ 0.4 million, offset by valuation allowances of $ 0.4 million, for taxable subsidiaries. The cumulative deferred tax asset has been fully offset by a valuation allowance due to uncertainty about the Company's ability to utilize these net operating losses in future years.

Financial Highlights

Financial Highlights	3 Months Ended
	Mar. 31, 2023
Investment Company, Financial Highlights [Abstract]
Financial Highlights	Note 9. Financial Highlights The following is a schedule of financial highlights for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Per share data: Net asset value, beginning of period $ 24.56 $ 25.04 Results of operations: Net investment income (loss) (1) 0.59 0.35 Net realized and unrealized gain (loss) (6) ( 0.10 ) ( 0.06 ) Net increase (decrease) in net assets resulting from operations (1) 0.49 0.29 Shareholder distributions: (2) Distributions from net investment income ( 0.58 ) ( 0.34 ) Net decrease in net assets resulting from shareholder distributions ( 0.58 ) ( 0.34 ) Net asset value, end of period $ 24.47 $ 24.99 Shares outstanding, end of period 12,260,748 10,287,109 Total return based on net asset value (3) 1.99 % 1.16 % Ratio/Supplemental Data: Net assets, end of period $ 299,998,356 $ 257,075,747 Ratio of net investment income (loss) to average net assets (4) 11.03 % 6.35 % Ratio of total expenses to average net assets (4) 10.00 % 4.44 % Ratio of net expenses to average net assets (4) 9.70 % 4.44 % Average debt outstanding $ 220,901,099 $ 52,766,667 Portfolio turnover 1 % 1 % Total amount of senior securities outstanding $ 255,000,000 $ 124,000,000 Asset coverage per unit (5) $ 2,176 $ 3,073 (1) The per share data was derived using weighted average shares outstanding during the period. (2) The per share data for distributions reflects the actual amount of distributions paid during the period. (3) Total return based on net asset value is calculated as the change in net asset value per share during the period, and reflects reinvestment of any distributions to common shareholders. Total return is not annualized. (4) The computation of average net assets during the period is based on averaging net assets for the period reported. Ratio, excluding incentive fees, and nonrecurring expenses, such as organization and offering costs, is annualized. (5) Asset coverage per unit is the ratio of the carrying value of the Company’s consolidated total assets, less liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $ 1,000 of indebtedness and is calculated on a consolidated basis. (6) The amount shown at this caption is the balancing figure derived from the other figures in the schedule. The amount shown at this caption is derived from total change in net asset value during the period and differs from the amount calculated using average shares because of the timing of issuances of the Company’s shares in relation to changes in net asset value during the period.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 10. Commitments and Contingencies In the normal course of its business, the Company may enter into contracts that require it to make certain representations and warranties and which provide for general indemnifications. Given that these would involve future claims against the Company that have not yet been made, the Company’s potential exposure under these arrangements is unknown. Based upon past experience, management expects the risk of loss under these indemnification provisions to be remote. From time to time, the Company may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of the Company’s rights under contracts with its portfolio companies. As of March 31, 2023, the Company is not aware of any pending or threatened litigation. See Note 3 for a discussion of the Company's conditional reimbursement to the Adviser under the Expense Support Agreement. The Company may, from time to time, enter into commitments to fund investments. As of March 31, 2023 and December 31, 2022, the Company had the following outstanding commitments to fund investments in current portfolio companies: March 31, 2023 December 31, 2022 Unfunded delayed draw term loan commitments $ 41,242,087 $ 31,857,888 Unfunded revolver obligations 14,356,872 14,671,351 $ 55,598,959 $ 46,529,239 The Company maintains sufficient capacity to cover outstanding unfunded portfolio company commitments that the Company may be required to fund.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events Management has evaluated subsequent events through the date of issuance of these financial statements and has determined that there are no subsequent events outside the ordinary scope of business that require adjustment to, or disclosure in, the financial statements other than those disclosed below. On April 3, 2023, the Company issued, in connection with its private placement of its common shares, 18,186 common shares for an aggregate amount of $ 0.4 million. On May 5, 2023, the Company terminated the Revolving Onex Loan and entered into an unsecured revolving loan agreement with Onex Credit Finance II Corporation (“OCF II”) (the “Revolving OCF II Loan”), a subsidiary of the ultimate parent entity of the Adviser, whereby OCF II may advance amounts to the Company (each such amount, an “Onex Loan II”) with a maximum outstanding principal amount of $ 80.0 million and a maturity date with respect to each Onex Loan II of the day falling two years after the funding of such Onex Loan II. The Company is required to meet certain criteria, including a leverage ratio threshold, before OCF II is obligated to make a loan to the Company. The Revolving OCF II Loan is intended to provide the Company with the ability to fund investments, related costs and expenses, and general corporate purposes. Amounts drawn under an Onex Loan II will bear interest at SOFR plus a spread of 2.60 % . On May 11, 2023, the Adviser agreed to permanently waive a portion of the base management fee payable by the Company under the Investment Advisory Agreement pursuant to a fee waiver letter (the “Fee Waiver Letter”). Pursuant to the Fee Waiver Letter, beginning on July 1, 2023, the Adviser has agreed to waive the base management fee in excess of 1.25 % of the Company’s net assets as of the end of the most recently completed calendar quarter; provided that the base management fee shall not be greater than 1.25 % of the Company’s total assets (excluding cash and cash equivalents) at the end of the most recently completed calendar quarter. Also on May 11, 2023 , the Board declared a quarterly dividend of $ 0.60 per share for the Company’s shareholders of record as of May 16, 2023 , payable on June 22, 2023 . Also on May 11, 2023, the Board appointed Zachary Drozd, born in 1985, as Deputy General Counsel of the Company, effective May 11, 2023. Zachary Drozd is Deputy General Counsel and Chief Compliance Officer of Onex Credit Partners, LLC (“Onex Credit”) and Chief Compliance Officer of the Company. Prior to joining Onex Credit, Mr. Drozd practiced corporate law at Proskauer Rose LLP, with an emphasis on the representation of private investment fund sponsors. Mr. Drozd holds a J.D. from Columbia Law School and a Bachelor of Arts degree from Rutgers College.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) pursuant to the requirements for reporting on Form 10-Q and Regulation S-X, as appropriate. These unaudited consolidated financial statements (“consolidated financial statements”) reflect adjustments that in the opinion of the Company are necessary for the fair presentation of the financial position and results of operations as of and for the periods presented herein and notes thereto should be read in conjunction with the consolidated financial statements and notes thereto in the Company's Form 10-K for the year ended December 31, 2022, as filed with the SEC. The Company is considered an investment company under U.S. GAAP and therefore applies the accounting and reporting guidance applicable to investment companies. Certain comparative figures have been reclassified to conform to the current year’s presentation, specifically: Income statement reclassifications: • “Deferred financing costs” were combined with “Interest and credit facility expense”; and • “Administration fee” was broken out from “Other general and administration expenses”.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Actual results could differ from those estimates, and such differences could be material.
Consolidation	Consolidation In accordance with U.S. GAAP guidance on consolidation, the Company will generally not consolidate its investment in a portfolio company other than an investment company subsidiary or a controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidated the accounts of the Company’s wholly-owned subsidiaries, OFDL SPV, OFDL Blocker and OFDL Holdings, in its consolidated financial statements. All intercompany balances and transactions have been eliminated in consolidation.
Segments	Segments In accordance with U.S. GAAP guidance on segment reporting, the Company has determined that its operations comprise a single reporting segment.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash consists of deposits held at a custodian bank. Cash equivalents consists of money market investments. Restricted cash consists of deposits pledged as collateral. Cash, cash equivalents and restricted cash are held at major financial institutions and, at times, may exceed the insured limits under applicable law.
Investments	Investments Investment transactions are recorded on the trade date. Realized gains or losses on investments are calculated using the specific identification method as the difference between the net proceeds received (excluding prepayment fees, if any) and the amortized cost basis of the investment without regard to unrealized appreciation or depreciation previously recognized, and include investments charged off during the period, net of recoveries. Net change in unrealized appreciation or depreciation reflects the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation when gains or losses are recognized.
Valuation Procedures	Valuation Procedures The Board has designated the Adviser as its “valuation designee” pursuant to Rule 2a-5 under the 1940 Act, and in that role the Adviser is responsible for performing fair value determinations relating to all of the Company’s investments, including periodically assessing and managing any material valuation risks and establishing and applying fair value methodologies, in accordance with valuation policies and procedures that have been approved by the Board. Although the Board designated the Adviser as “valuation designee,” the Board ultimately is responsible for fair value determinations under the 1940 Act. Investments for which market quotations are readily available are valued at such market quotations, which are generally obtained from independent pricing services, broker-dealers or market makers. To validate market quotations, the Company will utilize a number of factors to determine if the quotations are representative of fair value, including the source and number of the quotations. Debt and equity securities for which market quotations are not readily available or are deemed not to represent fair value, are valued at fair value as determined in good faith by the Adviser, in accordance with a valuation policy approved by the Board and a consistently applied valuation process. Accordingly, such investments go through the Company’s multi-step valuation process as described below. Investments purchased within the quarter before the valuation date and debt investments with remaining maturities of 60 days or less may each be valued at cost with interest accrued or discount accreted/premium amortized to the date of maturity (although they are typically valued at available market quotations), unless such valuation, in the judgment of the Adviser, does not represent fair value. The Adviser undertakes a multi-step valuation process, which includes, among other procedures, the following: • The valuation process begins with each portfolio company or investment being initially valued using certain inputs, among others, provided by the Adviser's investment professionals that are responsible for the portfolio investment; • Preliminary valuation conclusions are then documented and discussed with the Adviser's senior investment team; • At least once annually, the valuation for each portfolio investment is reviewed by an independent valuation firm. In each case, the Company’s independent third party valuation firm considers observable market inputs together with significant unobservable inputs in arriving at their valuation recommendations for such investments; and • The Adviser then reviews the valuations and determines the fair value of each investment. As part of the valuation process, the Adviser may consider other information and may use valuation methods including but not limited to (i) market quotations for similar investments, (ii) recent trading activity, (iii) discounting forecasted cash flows of the investment, (iv) models that consider the implied yields from comparable debt, (v) third party appraisals, (vi) sale negotiations and purchase offers received from independent parties and (vii) estimated value of underlying assets to be received in any liquidation or restructuring. A determination of fair value involves subjective judgments and estimates and depends on the facts and circumstances present at each valuation date. Due to the inherent uncertainty of determining fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may differ significantly from the values that would have been used had a readily available market value existed for such investments, and the differences could be material from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company was required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material. In addition, changes in the market environment and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein. Financial Accounting Standards Board Accounting Standards Codification Topic 820: Fair Value Measurements and Disclosures (“ASC 820”) specifies a hierarchy of valuation techniques based on whether the inputs to those valuation techniques are observable or unobservable. ASC 820 also provides guidance regarding a fair value hierarchy, which prioritizes information used to measure fair value and the effect of fair value measurements on earnings and provides for enhanced disclosures determined by the level of information used in the valuation. The Company classifies the inputs used to measure fair values into the following hierarchy: • Level 1—Valuations are based on quoted prices in active markets for identical assets or liabilities that are accessible to the Company at the measurement date. • Level 2—Valuations are based on similar assets or liabilities in active markets, or quoted prices identical or similar assets or liabilities in markets that are not active or for which all significant inputs are observable, either directly or indirectly and model-based valuation techniques for which all significant inputs are observable. • Level 3—Valuations are based on inputs that are unobservable and significant to the overall fair value measurement. Level 3 assets and liabilities include financial instruments whose value is determined using pricing models incorporating significant unobservable inputs, such as discounted cash flow models and other similar valuation techniques. The valuation of Level 3 assets and liabilities generally requires significant management judgment due to the inability to observe inputs to valuation. In certain cases, the inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, an investment’s level within the fair value hierarchy is based on the lowest level of observable input that is significant to the fair value measurement. The Company’s assessment of the significance of a particular input to the fair value measurement in its entirety requires judgment, and it considers factors specific to the investment. Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. In addition to using the above inputs in investment valuations, the Company applies the valuation policy approved by its Board that is consistent with ASC 820. Consistent with the valuation policy, the Company evaluates the source of inputs, including any markets in which its investments are trading (or any markets in which securities with similar attributes are trading), in determining fair value. When a security is valued based on prices provided by reputable dealers or pricing services (that is, broker quotes), the Company subjects those prices to various additional criteria in making the determination as to whether a particular investment would qualify for treatment as a Level 2 or Level 3 investment. For example, the Company reviews pricing provided by dealers or pricing services in order to determine if observable market information is being used, versus unobservable inputs. Some additional factors considered include the number of prices obtained as well as an assessment as to their quality, such as the depth of the relevant market relative to the size of the Company’s position. Due to the inherent uncertainty of determining the fair value of investments that do not have a readily available market value, the fair value of the Company’s investments may fluctuate from period to period. Additionally, the fair value of such investments may differ significantly from the values that would have been used had a ready market existed for such investments and may differ materially from the values that may ultimately be realized. Further, such investments are generally less liquid than publicly traded securities and may be subject to contractual and other restrictions on resale. If the Company were required to liquidate a portfolio investment in a forced or liquidation sale, it could realize amounts that are different from the amounts presented and such differences could be material. In addition, changes in the market environment, including the impact of changes in broader market indices and credit spreads, and other events that may occur over the life of the investments may cause the gains or losses ultimately realized on these investments to be different than the unrealized gains or losses reflected herein.
Revenue Recognition	Revenue Recognition Interest income is recorded on an accrual basis and includes the accretion of discounts and amortization of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. The Company considers many factors relevant to an investment when placing it on or removing it from non-accrual status including, but not limited to, the delinquency status of the investment, economic and business conditions, the overall financial condition of the underlying investment, the value of the underlying collateral, bankruptcy status, if any, and any other facts or circumstances relevant to the investment. Accrued interest is generally reversed when a loan is placed on non-accrual status. Payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability of the outstanding principal and interest. Non-accrual loans may be restored to accrual status when past due principal and interest is paid current and are likely to remain current based on management’s judgment. Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies. Loan origination fees, original issue discount and market discount are capitalized, and the Company amortizes such amounts as interest income over the respective term of the loan or security. Upon the prepayment of a loan or security, any unamortized loan origination fees and original issue discount are recorded as interest income. The Company records prepayment premiums on loans and securities as fee income when it receives such amounts.
Payment-in-Kind Interest	Payment-in-Kind Interest Payment-in-kind (“PIK”) interest, computed at the contractual rate specified in each loan agreement, is added to the principal balance of the loan and recorded as interest income and generally becomes due at maturity. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to shareholders in the form of distributions, even though the Company has not yet collected the cash.
Deferred Financing Costs	Deferred Financing Costs Origination and other expenses related to the Company’s revolving credit facility are recorded as deferred financing costs and amortized as part of interest expense using the straight-line method over the stated life of the debt instrument.
Organization and Offering Costs	Organization and Offering Costs Organization costs include, among other things, the cost of incorporating, including the cost of legal services, printing, consulting services and other fees pertaining to the Company’s organization. Costs associated with the organization of the Company are expensed as incurred. Offering costs include legal expenses related to the preparation of the Company’s private placement memorandum in connection with the Company's offering of common shares. Offering costs are capitalized as deferred offering expenses and are amortized over twelve months from incurrence.
Earnings per Share	Earnings per Share Basic earnings per share is calculated by dividing net income or loss attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share is calculated in the same manner, with further adjustments to reflect the dilutive effect of common share equivalents outstanding.
Income Taxes	Income Taxes The Company has elected to be regulated as a BDC under the 1940 Act. The Company has elected to be treated for U.S. federal income tax purposes, and intends to qualify annually, as a RIC. So long as the Company maintains its status as a RIC, it generally will not pay corporate-level U.S. federal income or excise taxes on any ordinary income or capital gains that it distributes at least annually to its shareholders as distributions. Rather, any tax liability related to income earned and distributed would represent obligations of the Company’s investors and would not be reflected in the consolidated financial statements of the Company. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more likely than not” to be sustained by the applicable tax authority. 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, ongoing analyses of tax laws, regulations and interpretations thereof. To qualify for and maintain qualification as a RIC, the Company must, among other things, meet certain source of income and asset diversification requirements. In addition, to qualify for RIC tax treatment, the Company must distribute to its shareholders, for each taxable year, at least 90 % of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess, if any, of its realized net short-term capital gains over its realized net long-term capital losses. In addition, based on the excise tax distribution requirements, the Company is subject to a 4 % nondeductible federal excise tax on undistributed income unless the Company distributes in a timely manner in each taxable year an amount at least equal to the sum of (1) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (2) 98.2% of capital gains in excess of capital losses (both long-term and short-term) for the one-year period ending October 31 in that calendar year and (3) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. For this purpose, however, any net ordinary income or capital gains retained by the Company that is subject to corporate income tax is considered to have been distributed. The Company, at its discretion, may carry forward taxable income in excess of calendar year distributions and pay a 4 % nondeductible U.S. federal excise tax on this income. The Company has analyzed the tax positions taken on federal and state income tax returns for all open tax years and has concluded that no provision for income tax for uncertain tax positions is required in the Company’s consolidated financial statements. The Company’s major tax jurisdictions are U.S. federal, New York State, and foreign jurisdictions where the Company makes significant investments. The Company’s federal and state income and federal excise tax returns for tax years for which the applicable statutes of limitations have not expired are subject to examination by the Internal Revenue Service and state departments of revenue.
Distributions to Common Shareholders	Distributions to Common Shareholders Distributions to the Company’s shareholders are recorded on the record date. The amount to be paid out as a distribution is determined by the Board and is generally based upon earnings estimated by the Adviser. Net realized capital gains, if any, would generally be distributed at least annually, although the Company may decide to retain such capital gains. The Company has adopted an “opt out” distribution reinvestment plan (“DRP”) for its shareholders. As a result, if the Company makes a cash distribution, its shareholders will have their cash distributions reinvested in additional shares of the Company including fractional shares as necessary, unless they specifically “opt out” of the DRP to receive the distribution in cash. Under the DRP, cash distributions to participating shareholders will be reinvested in additional shares of the Company at a purchase price equal to the net asset value per share as of the last day of the calendar quarter immediately preceding the date such distribution was declared. The Company may distribute taxable distributions that are payable in cash or shares at the election of each shareholder. Under certain applicable provisions of the Code and the U.S. Treasury regulations, distributions payable in cash or in common shares at the election of shareholders are treated as taxable distributions. As a result, a U.S. shareholder may be required to pay tax with respect to such distributions in excess of any cash received. If a U.S. shareholder sells the shares it receives in order to pay this tax, the sales proceeds may be less than the amount included in income with respect to the distribution, depending on the market price of the Company’s shares at the time of the sale. Furthermore, with respect to non-U.S. shareholders, the Company may be required to withhold U.S. tax with respect to such distributions, including in respect of all or a portion of such distribution that is payable in shares.
Foreign Currency Translation	Foreign Currency Translation Amounts denominated in foreign currencies are translated into U.S. dollars on the following basis: (1) all assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates effective on the date of valuation; and (2) purchases and sales of investments, borrowings and repayments of such borrowings, and income and expense items denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates prevailing on the transaction dates. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments. Investments denominated in foreign currencies and foreign currency transactions may involve certain considerations and risks not typically associated with those of domestic origin. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices more volatile than those of comparable U.S. companies or U.S. government securities.

Related Party Transaction (Tabl

Related Party Transaction (Tables)	3 Months Ended
	Mar. 31, 2023
Related Party Transactions [Abstract]
Summary of Expense Payment Subject to Reimbursement	The following table summarizes the Expense Payments that may be subject to reimbursement pursuant to the Expense Support Agreement: Quarter Ended Expense Reimbursement Unreimbursed Eligible for December 31, 2021 $ 2,858,000 $ 1,459,766 $ 1,398,234 December 31, 2024

Investments and Fair Value Me_2

Investments and Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Investment Portfolio at Amortized Cost and Fair Value	The following table summarizes 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 Cost Fair Value Amortized Cost Fair Value Senior Secured Loans $ 524,230,621 $ 518,958,423 $ 501,621,705 $ 496,354,293 Equity 9,182,145 7,218,665 9,182,145 8,588,300 Total Investments $ 533,412,766 $ 526,177,088 $ 510,803,850 $ 504,942,593
Schedule of Investment Portfolio by Industry and Geographic Composition	The following tables summarize the industry and geographic composition of the Company’s investment portfolio based on fair value as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 Fair Value Percentage Fair Value Percentage Automotive $ 18,953,303 3.6 % $ 18,641,767 3.7 % Business Services 70,981,491 13.5 % 71,864,705 14.2 % Chemicals, Plastics & Rubber 6,251,520 1.2 % 6,299,949 1.2 % Construction & Building 13,987,742 2.7 % 13,891,279 2.8 % Consumer Goods: Durable 51,834,111 9.9 % 52,528,261 10.4 % Consumer Goods: Non-durable 41,570,363 7.9 % 42,386,720 8.4 % Consumer Services 9,293,031 1.8 % 9,694,347 1.9 % Forest Products & Paper 11,735,115 2.2 % 11,681,141 2.3 % Healthcare & Pharmaceuticals 99,053,285 18.8 % 97,294,977 19.4 % High Tech Industries 89,511,780 16.9 % 85,401,792 16.9 % Insurance 19,065,681 3.6 % — — % Sovereign & Public Finance 54,296,568 10.3 % 53,948,701 10.7 % Transportation: Cargo 20,889,482 4.0 % 20,953,208 4.1 % Wholesale 18,753,616 3.6 % 20,355,746 4.0 % Total Investments $ 526,177,088 100.0 % $ 504,942,593 100.0 % March 31, 2023 December 31, 2022 Fair Value Percentage Fair Value Percentage United States $ 515,065,782 97.9 % $ 493,799,332 97.8 % Canada 11,111,306 2.1 % 11,143,261 2.2 % Total Investments $ 526,177,088 100.0 % $ 504,942,593 100.0 %
Summary of Fair Value Hierarchy of Investment Portfolio	The following table summarizes the fair value hierarchy of the Company’s investment portfolio as of March 31, 2023: Level 1 Level 2 Level 3 Total Senior Secured Loans $ — $ 40,437,128 $ 478,521,295 $ 518,958,423 Equity — — 7,218,665 7,218,665 Total Investments $ — $ 40,437,128 $ 485,739,960 $ 526,177,088 The following table summarizes the fair value hierarchy of the Company’s investment portfolio as of December 31, 2022: Level 1 Level 2 Level 3 Total Senior Secured Loans $ — $ 17,733,300 $ 478,620,993 $ 496,354,293 Equity — — 8,588,300 8,588,300 Total Investments $ — $ 17,733,300 $ 487,209,293 $ 504,942,593
Summary of Changes in Fair Value of Investments for Which Level 3 Inputs Were Used to Determine Fair Value	The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the three months ended March 31, 2023: Senior Secured Loans Equity Total Balance as of January 1, 2023 $ 478,620,993 $ 8,588,300 $ 487,209,293 Purchases of investments 24,846,991 — 24,846,991 Proceeds from principal pre-payments and sales of investments ( 2,235,331 ) — ( 2,235,331 ) Payment-in-kind 340,667 — 340,667 Net accretion of discount on investments 584,139 — 584,139 Net change in unrealized appreciation (depreciation) on investments 455,984 ( 1,369,635 ) ( 913,651 ) Net realized gain (loss) on investments 39,883 — 39,883 Transfers into Level 3 (1) — — — Transfers out of Level 3 (1) ( 24,132,031 ) — ( 24,132,031 ) Balance as of March 31, 2023 $ 478,521,295 $ 7,218,665 $ 485,739,960 Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ 455,984 $ ( 1,369,635 ) $ ( 913,651 ) (1) Transfers into Level 3, if any, are due to a decrease in the quantity and reliability of broker quotes obtained and transfers out of Level 3, if any, are due to an increase in the quantity and reliability of broker quotes obtained as assessed by the Adviser. Transfers between levels, if any, are recognized at the beginning of the period in which the transfer occurs. The following table presents changes in the fair value of investments for which Level 3 inputs were used to determine the fair value for the three months ended March 31, 2022: Senior Secured Loans Equity Total Balance as of January 1, 2022 $ 221,562,845 $ 4,585,750 $ 226,148,595 Purchases of investments (1) 114,698,455 — 114,698,455 Proceeds from principal pre-payments and sales of investments (1) ( 4,058,453 ) — ( 4,058,453 ) Net accretion of discount on investments 716,198 — 716,198 Net change in unrealized appreciation (depreciation) on investments ( 461,316 ) ( 54,014 ) ( 515,330 ) Net realized gain (loss) on investments 20,783 — 20,783 Transfers into Level 3 — — — Transfers out of Level 3 — — — Balance as of March 31, 2022 $ 332,478,512 $ 4,531,736 $ 337,010,248 Net change in unrealized appreciation (depreciation) on Level 3 investments still held $ ( 461,316 ) $ ( 54,014 ) $ ( 515,330 )
Summary of Valuation Techniques and Significant Unobservable Inputs Used in Valuation of Level 3 Investments	The valuation techniques and significant unobservable inputs used in the valuation of Level 3 investments as of March 31, 2023 were as follows: Investment type Fair Value Valuation Technique Unobservable Range (Weighted Average) Impact to Valuation from an Increase in Input Senior Secured Loans $ 373,037,078 Discounted cash flow Discount rate 7.1 % - 13.3 % ( 9.7 %) Decrease 86,418,535 Yield analysis Market yield 10.8 % - 12.5 % ( 12.0 %) Decrease 19,065,682 Recent transactions Transaction price 97.0 ( 97.0 ) N/A Equity 7,218,665 Enterprise value waterfall EBITDA multiple 8.9 x - 15.0 x ( 12.7 x) Increase $ 485,739,960 The valuation techniques and significant unobservable inputs used in the valuation of Level 3 investments as of December 31, 2022 were as follows: Investment type Fair Value Valuation Technique Unobservable Range (Weighted Average) Impact to Valuation from an Increase in Input Senior Secured Loans $ 280,648,742 Discounted cash flow Discount rate 6.9 % - 12.0 % ( 9.5 %) Decrease 145,565,023 Yield analysis Market yield 10.2 % - 12.3 % ( 11.4 %) Decrease 52,407,228 Recent transactions Transaction price 97.5 - 98.0 ( 97.75 ) N/A Equity 7,088,300 Enterprise value waterfall EBITDA multiple 13.5 x - 16.2 x ( 15.3 x) Increase 1,500,000 Recent transactions Transaction price 100.0 ( 100.0 ) N/A $ 487,209,293

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2023
Debt Instruments [Abstract]
Summary of Debt Obligations	Debt obligations consisted of the following as of March 31, 2023 and December 31, 2022: March 31, 2023 December 31, 2022 Total Borrowing Capacity Principal Outstanding Total Borrowing Capacity Principal Outstanding SPV Facility $ 340,000,000 $ 255,000,000 $ 340,000,000 $ 211,000,000 Revolving Onex Loan 80,000,000 — 80,000,000 — $ 420,000,000 $ 255,000,000 $ 420,000,000 $ 211,000,000
Schedule of Components of Interest Expense	For the three months ended March 31, 2023 and 2022, the components of interest expense were as follows: Three Months Ended March 31, 2023 2022 Interest expense $ 4,126,279 $ 480,342 Amortization of deferred financing costs 277,917 118,403 Total interest expense $ 4,404,196 $ 598,745 Average debt outstanding $ 220,901,099 $ 52,766,667 Weighted average interest rate 6.4 % 2.7 %

Share Transactions (Tables)

Share Transactions (Tables)	3 Months Ended
	Mar. 31, 2023
Stockholders' Equity Note [Abstract]
Summery of Total Shares Issued and Proceeds Received	The following table summarizes the total shares issued and proceeds received during the three months ended March 31, 2023: Period Ended Shares Issued Proceeds Received March 31, 2023 44,339 $ 1,088,965 44,339 $ 1,088,965 The following table summarizes the total shares issued and proceeds received during the three months ended March 31, 2022: Period Ended Shares Issued Proceeds Received March 31, 2022 2,514,909 $ 62,973,318 2,514,909 $ 62,973,318
Summery of Distribution Declarations and Common Shares Issued Pursuant to Distribution Reinvestment Plan	The following table summarizes the distribution declarations and common shares issued pursuant to the distribution reinvestment plan for the three months ended March 31, 2023: Date Declared Record Date Payment Date Amount Per Share Distribution Declared DRP Shares Issued March 2, 2023 March 2, 2023 March 23, 2023 $ 0.58 $ 7,007,486 178,875 $ 0.58 $ 7,007,486 178,875 The following table summarizes the distribution declarations and common shares issued pursuant to the distribution reinvestment plan for the three months ended March 31, 2022: Date Declared Record Date Payment Date Amount Per Share Distribution Declared DRP Shares Issued March 29, 2022 March 29, 2022 April 29, 2022 $ 0.34 $ 3,497,617 — $ 0.34 $ 3,497,617 —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2023
Earnings Per Share [Abstract]
Summary of Computation of Basic and Diluted Earnings Per Common Share	The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Net increase in net assets resulting from operations $ 5,881,636 $ 2,968,504 Weighted average common shares outstanding—basic and diluted 12,300,303 10,083,146 Net increase in net assets resulting from operations per common share—basic and diluted $ 0.48 $ 0.29

Financial Highlights (Tables)

Financial Highlights (Tables)	3 Months Ended
	Mar. 31, 2023
Investment Company, Financial Highlights [Abstract]
Schedule of Financial Highlights	The following is a schedule of financial highlights for the three months ended March 31, 2023 and 2022: Three Months Ended March 31, 2023 2022 Per share data: Net asset value, beginning of period $ 24.56 $ 25.04 Results of operations: Net investment income (loss) (1) 0.59 0.35 Net realized and unrealized gain (loss) (6) ( 0.10 ) ( 0.06 ) Net increase (decrease) in net assets resulting from operations (1) 0.49 0.29 Shareholder distributions: (2) Distributions from net investment income ( 0.58 ) ( 0.34 ) Net decrease in net assets resulting from shareholder distributions ( 0.58 ) ( 0.34 ) Net asset value, end of period $ 24.47 $ 24.99 Shares outstanding, end of period 12,260,748 10,287,109 Total return based on net asset value (3) 1.99 % 1.16 % Ratio/Supplemental Data: Net assets, end of period $ 299,998,356 $ 257,075,747 Ratio of net investment income (loss) to average net assets (4) 11.03 % 6.35 % Ratio of total expenses to average net assets (4) 10.00 % 4.44 % Ratio of net expenses to average net assets (4) 9.70 % 4.44 % Average debt outstanding $ 220,901,099 $ 52,766,667 Portfolio turnover 1 % 1 % Total amount of senior securities outstanding $ 255,000,000 $ 124,000,000 Asset coverage per unit (5) $ 2,176 $ 3,073 (1) The per share data was derived using weighted average shares outstanding during the period. (2) The per share data for distributions reflects the actual amount of distributions paid during the period. (3) Total return based on net asset value is calculated as the change in net asset value per share during the period, and reflects reinvestment of any distributions to common shareholders. Total return is not annualized. (4) The computation of average net assets during the period is based on averaging net assets for the period reported. Ratio, excluding incentive fees, and nonrecurring expenses, such as organization and offering costs, is annualized. (5) Asset coverage per unit is the ratio of the carrying value of the Company’s consolidated total assets, less liabilities and indebtedness not represented by senior securities, to the aggregate amount of senior securities representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $ 1,000 of indebtedness and is calculated on a consolidated basis. (6) The amount shown at this caption is the balancing figure derived from the other figures in the schedule. The amount shown at this caption is derived from total change in net asset value during the period and differs from the amount calculated using average shares because of the timing of issuances of the Company’s shares in relation to changes in net asset value during the period.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Schedule of Outstanding Commitments to Fund Investments	As of March 31, 2023 and December 31, 2022, the Company had the following outstanding commitments to fund investments in current portfolio companies: March 31, 2023 December 31, 2022 Unfunded delayed draw term loan commitments $ 41,242,087 $ 31,857,888 Unfunded revolver obligations 14,356,872 14,671,351 $ 55,598,959 $ 46,529,239

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) Segment
Accounting Policies [Abstract]
Number of reporting segment | Segment	1
Minimum percentage of investment company taxable income distribute to shareholders for each taxable year to qualify for RIC tax treatment	90%
Percentage of nondeductible federal excise tax on undistributed income	4%
Description of excise tax distribution requirements	Company is subject to a 4% nondeductible federal excise tax on undistributed income unless the Company distributes in a timely manner in each taxable year an amount at least equal to the sum of (1) 98% of its net ordinary income (taking into account certain deferrals and elections) for the calendar year, (2) 98.2% of capital gains in excess of capital losses (both long-term and short-term) for the one-year period ending October 31 in that calendar year and (3) any net ordinary income and capital gains in excess of capital losses for preceding years that were not distributed during such years. For this purpose, however, any net ordinary income or capital gains retained by the Company that is subject to corporate income tax is considered to have been distributed. The Company, at its discretion, may carry forward taxable income in excess of calendar year distributions and pay a 4% nondeductible U.S. federal excise tax on this income.
Provision for income tax for uncertain tax positions | $	$ 0
Foreign currency translation, description	Amounts denominated in foreign currencies are translated into U.S. dollars on the following basis: (1) all assets and liabilities denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates effective on the date of valuation; and (2) purchases and sales of investments, borrowings and repayments of such borrowings, and income and expense items denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates prevailing on the transaction dates. The portion of gains and losses on foreign investments resulting from fluctuations in foreign currencies is included in net realized and unrealized gain or loss from investments.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)		3 Months Ended
	Sep. 08, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Related Party Transaction [Line Items]
Administrative fees		$ 278,000	$ 148,000
Percentage of incentive fee on capital gains		15%
Management fee		$ 1,646,178	1,102,855
Subordinated incentive fee		0%
Percentage of pre incentive fee net investment income		100%
Incentive fee percentage of pre incentive net fee investment income		15%
Incentive fees		$ 2,329,914	0
Incentive fee waiver		900,000
Maximum outstanding principal amount of loan		$ 420,000,000		$ 420,000,000
Onex Falcon Investment Advisors, LLC
Related Party Transaction [Line Items]
Number of shares held by affiliated entity		67
Percentage of shares held by affiliated entitie		0.001%
Onex Credit Finance Corporation
Related Party Transaction [Line Items]
Maximum outstanding principal amount of loan	$ 80,000,000
Line of credit term	2 years
SOFR | Onex Credit Finance Corporation
Related Party Transaction [Line Items]
Interest on loan	2.60%
Line of credit, Interest rate description		secured overnight financing rate (“SOFR”) plus a spread of 2.60%
Administration Agreement
Related Party Transaction [Line Items]
Administrative fees		$ 300,000	100,000
Investment Advisory Agreement
Related Party Transaction [Line Items]
Investment advisory agreement terms		The Investment Advisory Agreement will be in effect for a period of two years from its effective date and will remain in effect from year-to-year thereafter if approved annually by (i) the vote of the Board, or by the vote of a majority of the outstanding voting securities of the Company, and (ii) the vote of a majority of the Company’s Board who are not parties to the Investment Advisory Agreement or “interested persons” of the Company, of the Adviser or of any of their respective affiliates, as defined in the 1940 Act.
Investment advisory agreement terms of termination		The Investment Advisory Agreement may be terminated at any time, without the payment of any penalty, upon 60 days’ written notice and, in certain circumstances, upon 120 days’ written notice, by the vote of a majority of the outstanding voting shares of the Company or by the vote of the Board or by the Adviser.
Annual Rate of Percentage of Assets		1.25%
Management fee		$ 1,600,000	$ 1,100,000
Incentive Fee, Description		The incentive fee consists of two components that are independent of each other, with the result that one component may be payable even if the other is not. A portion of the incentive fee is based on the Company’s income (such fee referred to herein as the “Subordinated Incentive Fee on Income”) and a portion is based on the Company’s capital gains (such fee referred to herein as the “Incentive Fee on Capital Gains”)
Organization and offering costs		$ 800,000

Related Party Transaction - Sum

Related Party Transaction - Summary of Expense Payment Subject to Reimbursement (Details)	12 Months Ended
	Dec. 31, 2021 USD ($)
Noninterest Expense [Abstract]
Advisor Expense Payment	$ 2,858,000
Reimbursement payment made to adviser	1,459,766
Unreimbursed expense payment	$ 1,398,234
Eligible Reimbursement Period	Dec. 31, 2024

Investments and Fair Value Me_3

Investments and Fair Value Measurements - Schedule of Investment Portfolio at Amortized cost and Fair Value (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Amortized Cost	$ 533,412,766	$ 510,803,850
Fair Value	526,177,088	504,942,593
Senior Secured Loans
Summary of Investment Holdings [Line Items]
Amortized Cost	524,230,621	501,621,705
Fair Value	518,958,423	496,354,293
Equity
Summary of Investment Holdings [Line Items]
Amortized Cost	9,182,145	9,182,145
Fair Value	$ 7,218,665	$ 8,588,300

Investments and Fair Value Me_4

Investments and Fair Value Measurements - Schedule of Investment Portfolio by Industry (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Fair Value	$ 526,177,088	$ 504,942,593
Percentage	100%	100%
Automotive
Summary of Investment Holdings [Line Items]
Fair Value	$ 18,953,303	$ 18,641,767
Percentage	3.60%	3.70%
Business Services
Summary of Investment Holdings [Line Items]
Fair Value	$ 70,981,491	$ 71,864,705
Percentage	13.50%	14.20%
Chemicals, Plastics & Rubber
Summary of Investment Holdings [Line Items]
Fair Value	$ 6,251,520	$ 6,299,949
Percentage	1.20%	1.20%
Construction & Building
Summary of Investment Holdings [Line Items]
Fair Value	$ 13,987,742	$ 13,891,279
Percentage	2.70%	2.80%
Consumer Goods: Durable
Summary of Investment Holdings [Line Items]
Fair Value	$ 51,834,111	$ 52,528,261
Percentage	9.90%	10.40%
Consumer Goods: Non-durable
Summary of Investment Holdings [Line Items]
Fair Value	$ 41,570,363	$ 42,386,720
Percentage	7.90%	8.40%
Consumer Services
Summary of Investment Holdings [Line Items]
Fair Value	$ 9,293,031	$ 9,694,347
Percentage	1.80%	1.90%
Forest Products & Paper
Summary of Investment Holdings [Line Items]
Fair Value	$ 11,735,115	$ 11,681,141
Percentage	2.20%	2.30%
Healthcare & Pharmaceuticals
Summary of Investment Holdings [Line Items]
Fair Value	$ 99,053,285	$ 97,294,977
Percentage	18.80%	19.40%
High Tech Industries
Summary of Investment Holdings [Line Items]
Fair Value	$ 89,511,780	$ 85,401,792
Percentage	16.90%	16.90%
Insurance
Summary of Investment Holdings [Line Items]
Fair Value	$ 19,065,681
Percentage	3.60%
Sovereign & Public Finance
Summary of Investment Holdings [Line Items]
Fair Value	$ 54,296,568	$ 53,948,701
Percentage	10.30%	10.70%
Transportation: Cargo
Summary of Investment Holdings [Line Items]
Fair Value	$ 20,889,482	$ 20,953,208
Percentage	4%	4.10%
Wholesale
Summary of Investment Holdings [Line Items]
Fair Value	$ 18,753,616	$ 20,355,746
Percentage	3.60%	4%

Investments and Fair Value Me_5

Investments and Fair Value Measurements - Schedule of Investment Portfolio by Geographic Composition (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Fair Value	$ 526,177,088	$ 504,942,593
Percentage	100%	100%
United States
Summary of Investment Holdings [Line Items]
Fair Value	$ 515,065,782	$ 493,799,332
Percentage	97.90%	97.80%
Canada
Summary of Investment Holdings [Line Items]
Fair Value	$ 11,111,306	$ 11,143,261
Percentage	2.10%	2.20%

Investments and Fair Value Me_6

Investments and Fair Value Measurements - Summary of Fair Value Hierarchy of Investment Portfolio (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Total Investments	$ 526,177,088	$ 504,942,593
Level 2
Summary of Investment Holdings [Line Items]
Total Investments	40,437,128	17,733,300
Level 3
Summary of Investment Holdings [Line Items]
Total Investments	485,739,960	487,209,293
Senior Secured Loans
Summary of Investment Holdings [Line Items]
Total Investments	518,958,423	496,354,293
Senior Secured Loans | Level 2
Summary of Investment Holdings [Line Items]
Total Investments	40,437,128	17,733,300
Senior Secured Loans | Level 3
Summary of Investment Holdings [Line Items]
Total Investments	478,521,295	478,620,993
Equity
Summary of Investment Holdings [Line Items]
Total Investments	7,218,665	8,588,300
Equity | Level 3
Summary of Investment Holdings [Line Items]
Total Investments	$ 7,218,665	$ 8,588,300

Investments and Fair Value Me_7

Investments and Fair Value Measurements - Summary of Changes in Fair Value of Investments for Which Level 3 Inputs Were Used to Determine Fair Value (Details) - Level 3 - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1	$ 487,209,293	$ 226,148,595
Purchases of investments	24,846,991	114,698,455
Proceeds from principal pre-payments and sales of investments	(2,235,331)	(4,058,453)
Payment-in-kind	340,667
Net accretion of discount on investments	584,139	716,198
Net change in unrealized appreciation (depreciation) on investments	(913,651)	(515,330)
Net realized gain (loss) on investments	39,883	20,783
Transfers out of Level 3	(24,132,031)
Balance as of March 31	485,739,960	337,010,248
Net change in unrealized appreciation (depreciation) on Level 3 investments still held	(913,651)	(515,330)
Senior Secured Loans
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1	478,620,993	221,562,845
Purchases of investments	24,846,991	114,698,455
Proceeds from principal pre-payments and sales of investments	(2,235,331)	(4,058,453)
Payment-in-kind	340,667
Net accretion of discount on investments	584,139	716,198
Net change in unrealized appreciation (depreciation) on investments	455,984	(461,316)
Net realized gain (loss) on investments	39,883	20,783
Transfers out of Level 3	(24,132,031)
Balance as of March 31	478,521,295	332,478,512
Net change in unrealized appreciation (depreciation) on Level 3 investments still held	455,984	(461,316)
Equity
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance as of January 1	8,588,300	4,585,750
Net change in unrealized appreciation (depreciation) on investments	(1,369,635)	(54,014)
Balance as of March 31	7,218,665	4,531,736
Net change in unrealized appreciation (depreciation) on Level 3 investments still held	$ (1,369,635)	$ (54,014)

Investments and Fair Value Me_8

Investments and Fair Value Measurements - Summary of Valuation Techniques and Significant Unobservable Inputs Used in Valuation of Level 3 Investments (Details) - Level 3	3 Months Ended	12 Months Ended
	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 485,739,960	$ 487,209,293
Senior Secured Loans | Discounted Cash Flow | Discount Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 373,037,078	$ 280,648,742
Impact to valuation from an increase in input	Decrease	Decrease
Senior Secured Loans | Discounted Cash Flow | Discount Rate | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	7.1	6.9
Senior Secured Loans | Discounted Cash Flow | Discount Rate | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	13.3	12
Senior Secured Loans | Discounted Cash Flow | Discount Rate | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	9.7	9.5
Senior Secured Loans | Yield Analysis | Market Yield
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 86,418,535	$ 145,565,023
Impact to valuation from an increase in input	Decrease	Decrease
Senior Secured Loans | Yield Analysis | Market Yield | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	10.8	10.2
Senior Secured Loans | Yield Analysis | Market Yield | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	12.5	12.3
Senior Secured Loans | Yield Analysis | Market Yield | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	12	11.4
Senior Secured Loans | Recent Transactions | Transaction Price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 19,065,682	$ 52,407,228
Range	97
Senior Secured Loans | Recent Transactions | Transaction Price | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		97.5
Senior Secured Loans | Recent Transactions | Transaction Price | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		98
Senior Secured Loans | Recent Transactions | Transaction Price | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	97	97.75
Equity | Recent Transactions | Transaction Price
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 1,500,000
Range		100
Equity | Recent Transactions | Transaction Price | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range		100
Equity | Enterprise Value Waterfall | EBITDA Multiple
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 7,218,665	$ 7,088,300
Impact to valuation from an increase in input	Increase	Increase
Equity | Enterprise Value Waterfall | EBITDA Multiple | Minimum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	8.9	13.5
Equity | Enterprise Value Waterfall | EBITDA Multiple | Maximum
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	15	16.2
Equity | Enterprise Value Waterfall | EBITDA Multiple | Weighted Average
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Range	12.7	15.3

Debt - Additional Information (

Debt - Additional Information (Details) - SPV Facility - Onex Falcon Direct Lending BDC SPV LLC - USD ($) $ in Millions			1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 14, 2022	Oct. 04, 2021	Jul. 13, 2022	Mar. 31, 2023	Jun. 27, 2022	Jan. 13, 2023	Apr. 04, 2022	Apr. 04, 2023
Debt Instrument [Line Items]
Amount available under credit facility		$ 100
Minimum commitment fee percentage	0.20%		75%		37.50%		0%
Line of credit facility, Commitment fee description				OFDL SPV will also pay an unused commitment fee at rate of (1) 1.00% if the amount drawn under the SPV Facility is less than the minimum commitment usage (the “Minimum Commitment Usage”) and (2) 0.40% if the amount drawn under the SPV Revolver is greater than or equal to the Minimum Commitment Usage. The Minimum Commitment Usage is equal to (1) 0.0% for the first six months ended April 4, 2022; (2) 37.5% for the period from April 5, 2022 through June 27, 2022; (3) 75% for the period from June 28, 2022 through July 13, 2022; (4) $150.0 million for the period from July 14, 2022 through January 13, 2023; and (5) $255.0 million thereafter. The Company also pays a fee of 0.20% per annum on the outstanding balance under the SPV Facility beginning on July 14, 2022. The SPV Facility terminates on October 2, 2026.
Commitment fee amount				$ 255		$ 150
Subsequent Event
Debt Instrument [Line Items]
Amount available under credit facility								$ 340
Minimum
Debt Instrument [Line Items]
Unused commitment fee percentage		0.40%
Maximum
Debt Instrument [Line Items]
Unused commitment fee percentage		1%
SOFR
Debt Instrument [Line Items]
Debt instrument interest rate description				SOFR plus a spread of 1.75%
SOFR | Minimum
Debt Instrument [Line Items]
Interest on loan		1.75%
SOFR | Maximum
Debt Instrument [Line Items]
Interest on loan		2.40%

Debt - Summary of Debt Obligati

Debt - Summary of Debt Obligations (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022
Debt Instrument [Line Items]
Total Borrowing Capacity	$ 420,000,000	$ 420,000,000
Principal Outstanding	255,000,000	211,000,000	$ 124,000,000
SPV Facility
Debt Instrument [Line Items]
Total Borrowing Capacity	340,000,000	340,000,000
Principal Outstanding	255,000,000	211,000,000
Revolving Onex Loan
Debt Instrument [Line Items]
Total Borrowing Capacity	$ 80,000,000	$ 80,000,000

Debt - Schedule of Components o

Debt - Schedule of Components of Interest Expense (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Interest Expense, Debt [Abstract]
Interest expense	$ 4,126,279	$ 480,342
Amortization of Debt Issuance Costs	277,917	118,403
Total interest expense	4,404,196	598,745
Average debt outstanding	$ 220,901,099	$ 52,766,667
Weighted average interest rate	6.40%	2.70%

Share Transactions - Additional

Share Transactions - Additional Information (Details) - $ / shares	Mar. 31, 2023	Dec. 31, 2022
Deferred Compensation Arrangement with Individual, Share-Based Payments [Line Items]
Common shares, par value	$ 0.001	$ 0.001

Share Transactions - Summery of

Share Transactions - Summery of Total Shares Issued and Proceeds (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Share Transactions [Abstract]
Common shares issued	44,339	2,514,909
Proceeds Received	$ 1,088,965	$ 62,973,318

Share Transactions - Summery _2

Share Transactions - Summery of Distribution Declarations and Common Shares Issued Pursuant to the Distribution Reinvestment Plan (Details) - Cash Distribution - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Distribution Made to Limited Liability Company (LLC) Member [Line Items]
Date Declared	Mar. 02, 2023	Mar. 29, 2022
Record Date	Mar. 02, 2023	Mar. 29, 2022
Payment Date	Mar. 23, 2023	Apr. 29, 2022
Amount Per Share	$ 0.58	$ 0.34
Distribution Declared	$ 7,007,486	$ 3,497,617
DRP Shares Issued	178,875

Earnings Per Share - Summary of

Earnings Per Share - Summary of Computation of Basic and Diluted Earnings Per Common Share (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share [Abstract]
Net increase in net assets resulting from operations	$ 5,881,636	$ 2,968,504
Weighted average common shares outstanding - basic	12,300,303	10,083,146
Weighted average common shares outstanding - diluted	12,300,303	10,083,146
Net increase in net assets resulting from operations per common share - basic	$ 0.48	$ 0.29
Net increase in net assets resulting from operations per common share - diluted	$ 0.48	$ 0.29

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Income Tax Contingency [Line Items]
Excise tax rate on taxable income carry forward	4%
Deferred tax assets	$ 0.4
Deferred tax assets valuation allowance	$ 0.4

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares $ / Indebtedness shares	Mar. 31, 2022 USD ($) $ / shares $ / Indebtedness shares	Dec. 31, 2022 USD ($)
Investment Company, Financial Highlights [Roll Forward]
Net asset value, beginning of period	$ 24.56	$ 25.04
Results of operations:
Net investment income (loss)	0.59	0.35
Net realized and unrealized gain (loss)	(0.10)	(0.06)
Net increase (decrease) in net assets resulting from operations	0.49	0.29
Shareholder distributions:
Distributions from net investment income	(0.58)	(0.34)
Net decrease in net assets resulting from shareholder distributions	(0.58)	(0.34)
Net asset value, end of period	$ 24.47	$ 24.99
Ending balance, shares | shares	12,260,748	10,287,109
Total return based on net asset value	1.99%	1.16%
Ratio/Supplemental Data:
Ending balance | $	$ 299,998,356	$ 257,075,747
Ratio of net investment income (loss) to average net assets	11.03%	6.35%
Ratio of total expenses to average net assets	10%	4.44%
Ratio of net expenses to average net assets	9.70%	4.44%
Average debt outstanding | $	$ 220,901,099	$ 52,766,667
Portfolio turnover	1%	1%
Total amount of senior securities outstanding | $	$ 255,000,000	$ 124,000,000	$ 211,000,000
Asset coverage per unit | $ / Indebtedness	2,176	3,073

Financial Highlights - Schedu_2

Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Investment Company, Financial Highlights [Abstract]
Asset coverage per unit expressed in terms of dollar amounts per indebtedness	$ 1,000	$ 1,000

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Outstanding Commitments to Fund Investments (Details) - USD ($)	Mar. 31, 2023	Dec. 31, 2022
Other Commitments [Line Items]
Unfunded commitment	$ 55,598,959	$ 46,529,239
Delayed Draw Term Loan
Other Commitments [Line Items]
Unfunded commitment	41,242,087	31,857,888
Revolver
Other Commitments [Line Items]
Unfunded commitment	$ 14,356,872	$ 14,671,351

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($)				3 Months Ended
	May 11, 2023	May 05, 2023	Apr. 03, 2023	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Subsequent Event [Line Items]
Common shares issued				44,339	2,514,909
Maximum outstanding principal amount of loan				$ 420,000,000		$ 420,000,000
Subsequent Event
Subsequent Event [Line Items]
Dividend declared per share	$ 0.60
Percentage of management fee to be payable on net assets	1.25%
Dividends payable, date declared	May 11, 2023
Dividends payable, date of record	May 16, 2023
Dividends payable, date to be paid	Jun. 22, 2023
Maximum outstanding principal amount of loan		$ 80,000,000
Line of credit term		2 years
Subsequent Event | Onex Credit Finance II Corporation
Subsequent Event [Line Items]
Line of credit, Interest rate description		SOFR plus a spread of 2.60%
Interest on loan		2.60%
Subsequent Event | Maximum [Member]
Subsequent Event [Line Items]
Percentage of management fee to be payable on net assets	1.25%
Common Shares
Subsequent Event [Line Items]
Common shares issued				44,339	2,514,909
Private Placement | Common Shares | Subsequent Event
Subsequent Event [Line Items]
Common shares issued			18,186
Proceeds from issuance of common shares			$ 400,000