PIMCO Capital Solutions BDC 10-Q 13 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Nov. 13, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2023
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Document Quarterly Report	true
Document Transition Report	false
Entity Registrant Name	PIMCO Capital Solutions BDC Corp.
Entity Central Index Key	0001905824
Securities Act File Number	814-01549
Entity Tax Identification Number	87-4705230
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	650 Newport Center Drive
Entity Address, City or Town	Newport Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92660
City Area Code	949
Local Phone Number	720-6000
Title of 12(g) Security	Common Stock, par value $0.001 per share
No Trading Symbol Flag	true
Entity Current Reporting Status	Yes
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		25,387,884

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Investments at fair value
Non-controlled, non-affiliated investments, at fair value (cost of $233,185 and $256,627, respectively)	$ 230,604	$ 230,202
Cash	418	800
Interest receivable	3,728	2,968
Receivable for paydowns of investments	305	830
Organizational costs paid by Advisor	703	1,004
Deferred offering costs	0	10
Deferred financing fee	2,353	0
Due from affiliate	0	2
Total Assets	238,111	235,816
Liabilities
Accrued administration fee	90	94
Accrued organizational costs	1,153	1,153
Accrued offering costs	20	20
Directors fee reimbursement to Advisor	131	192
Legal expenses payable	250	0
Valuation expenses payable	114	0
Other payable	235	127
Other liabilities	185
Total Liabilities	2,178	2,021
Commitments & Contingencies (Note 7)
Net Assets
Common stock, $0.001 par value, 250,000,000 shares authorized, 25,387,884 and 25,387,884 shares issued and outstanding, respectively	25	25
Paid-in-capital in excess of par	253,854	253,854
Distributable earnings (loss)	(17,946)	(20,084)
Total Net Assets	235,933	233,795
Total Liabilities and Net Assets	$ 238,111	$ 235,816
Net asset value per share	$ 9.29	$ 9.21
Related Party [Member]
Liabilities
Other liabilities	$ 0	$ 435

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Investment Owned, at Cost	[1]	$ 233,185	$ 256,627	[2]
Common Stock, Par Value Per Share		$ 0.001	$ 0.001
Common Stock, Shares Authorized		250,000,000	250,000,000
Common Stock, Shares, Issued		25,387,884	25,387,884
Common Stock, Shares, Outstanding		25,387,884	25,387,884
[1]All investments are U.S. domiciled.[2]All debt investments are income-producing, unless otherwise noted.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		4 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023
Income Statement [Abstract]
Interest income	$ 4,003	$ 3,025	$ 3,161	$ 14,053
Payment in-kind interest	2,952	1,624	1,633	6,327
Other income	45			54
Total investment income	7,000	4,649	4,794	20,434
Expenses
Management fee	753	798	806	2,233
Directors fee	61	131	131	184
Administration fee	90	97	97	268
Interest expense	63			70
Organizational costs	101	497	1,010	300
Tax expense	21			22
Offering costs		5	5	10
Legal expenses	65			250
Other expenses	160	116	117	241
Total expenses	1,314	1,644	2,166	3,578
Less: Waivers (Note 3)	(753)	(1,236)	(1,756)	(2,233)
Net expenses	561	408	410	1,345
Net investment income (loss)	6,439	4,241	4,384	19,089
Net realized and unrealized gains (losses) on investment transactions:
Non-controlled/non-affiliated investments	(15,073)	(22)	(22)	(32,995)
Non-controlled/non-affiliated investments	7,109	(3,835)	(4,878)	23,844
Net realized and unrealized gains (losses)	(7,964)	(3,857)	(4,900)	(9,151)
Net Increase (Decrease) in Net Assets Resulting from Operations	$ (1,525)	$ 384	$ (516)	$ 9,938
Weighted average shares outstanding, Basic	25,387,884	25,387,884	20,894,719	25,387,884
Weighted average shares outstanding, Diluted	25,387,884	25,387,884	20,894,719	25,387,884
Net Investment income (loss) per share (basic and diluted)	$ 0.25	$ 0.17	$ 0.21	$ 0.75
Earnings (loss) per share, Basic	(0.06)	0.02	(0.02)	0.39
Earnings (loss) per share, Diluted	$ (0.06)	$ 0.02	$ (0.02)	$ 0.39

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets - USD ($) $ in Thousands	3 Months Ended		4 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023
Investment Company, Financial Highlights [Line Items]
Net investment income	$ 6,439	$ 4,241	$ 4,384	$ 19,089
Net realized gain (loss)	(15,073)	(22)	(22)	(32,995)
Net change in unrealized appreciation (depreciation)	7,109	(3,835)	(4,878)	23,844
Net Increase (Decrease) in Net Assets Resulting from Operations	(1,525)	384	(516)	9,938
Distributions to stockholders from:
Distributable earnings	(4,800)			(7,800)
Total distributions to stockholders	(4,800)			(7,800)
Capital Share Transactions
Issuance of common shares			253,879
Net Increase (Decrease) in Net Assets Resulting from Capital Share Transactions			253,879
Total Increase (Decrease) in Net Assets	(6,325)	384	253,363	2,138
Net Assets
Beginning of period	242,258	252,979		233,795
End of period	$ 235,933	$ 253,363	$ 253,363	$ 235,933
Capital Share Activity
Shares issued			25,387,884
Net Increase (Decrease) in Shares Outstanding			25,387,884

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	4 Months Ended	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2023
Cash Flows From Operating Activities:
Net Increase (Decrease) in Net Assets from Operations	$ (516)	$ 9,938
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used for) operating activities:
Purchases of long-term securities	(6,790)	(35,907)
Proceeds from sales of long-term securities	380	20,821
Sales (Purchases) of short-term portfolio investments, net	(104,011)	14,586
Net change in unrealized (appreciation) depreciation on investments	4,878	(23,844)
Net realized (gain) loss on investments	22	32,995
Payment in-kind interest	(1,633)	(6,327)
Net (accretion) on investments	(628)	(2,105)
Paydown (gain)	(12)	(96)
Amortization of deferred financing cost		70
Amortization of deferred offering costs	5	10
Increase/(decrease) in operating assets and liabilities:
(Increase) decrease in interest receivable	(1,479)	(760)
(Increase) decrease in organizational costs paid by Advisor	(950)	301
(Increase) decrease in deferred offering costs	(20)
(Increase) decrease in due from affiliate	(2)	2
Increase (decrease) in due to affiliate	97	(435)
Increase (decrease) in accrued administration fee		(4)
Increase (decrease) in accrued organizational costs	1,010
Increase (decrease) in accrued offering costs	20
Increase (decrease) in directors fee reimbursement to Advisor	131	(61)
Increase (decrease) in legal expenses payable		250
Increase (decrease) in valuation expenses payable		114
Increase (decrease) in other payable	116	108
Increase (decrease) in other liabilities		185
Net cash provided by (used for) operating activities	(109,382)	9,841
Cash Flows From Financing Activities:
Proceeds from issuance of common shares	110,015
Distributions paid		(7,800)
Deferred financiang fees paid		(2,423)
Net cash provided by (used for) financing activities	110,015	(10,223)
Net increase (decrease) in cash	633	(382)
Cash, beginning of period		800
Cash, end of period	633	418
Supplemental and Cash Flow Information:
Tax expenses paid during the period		22
Supplemental and Non-Cash Information:
Contributions of securities, at net fair value	$ 143,864
Exchange of investments		$ 12,900

Consolidated Schedule of Invest

Consolidated Schedule of Investments - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 233,185	$ 256,627	[2]
Fair Value	[1]	$ 230,604	$ 230,202	[2]
Percentage of Net Assets	[1]	97.74%	98.46%	[2]
Investment, Identifier [Axis]: Common Stocks | Total Common Stocks
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 359
Fair Value	[1]	$ 262
Percentage of Net Assets	[1]	0.11%
Investment, Identifier [Axis]: Common Stocks | West Marine/Rising Tide Holdings Inc. | Retailers
Summary of Investment Holdings [Line Items]
Par Amount	[1],[3],[4]	$ 25,000
Cost	[1],[3],[4]	359
Fair Value	[1],[3],[4]	$ 262
Percentage of Net Assets	[1],[3],[4]	0.11%
Investment, Identifier [Axis]: Corporate Bonds | Rivian Holdings/Auto LLC 144A | Automotive | LIBOR + 5.625% | 10.164% | 10/15/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[5],[6]		5.625%
Interest Rate	[1],[2],[5],[7]		10.164%
Maturity Date	[1],[2],[5]		Oct. 15, 2026
Par Amount	[1],[2],[5]		$ 28,601
Cost	[1],[2],[5]		28,146
Fair Value	[1],[2],[5]		$ 27,743
Percentage of Net Assets	[1],[2],[5]		11.87%
Investment, Identifier [Axis]: Corporate Bonds | Rivian Holdings/Auto LLC 144A | Automotive | SOFR + 5.625% | 11.490% | 10/15/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[8],[9]	5.625%
Interest Rate	[1],[7]	11.49%
Maturity Date	[1],[8]	Oct. 15, 2026
Par Amount	[1],[8]	$ 28,601
Cost	[1],[8]	28,227
Fair Value	[1],[8]	$ 28,816
Percentage of Net Assets	[1],[8]	12.21%
Investment, Identifier [Axis]: Corporate Bonds | Total Corporate Bonds
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 28,227	$ 28,146	[2]
Fair Value	[1]	$ 28,816	$ 27,743	[2]
Percentage of Net Assets	[1]	12.21%	11.87%	[2]
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | AP Core Holdings II LLC Term B2 Loan | Entertainment | SOFR + 5.614% | 10.931% | 09/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	5.614%
Interest Rate	[1],[7]	10.931%
Maturity Date	[1]	Sep. 01, 2027
Par Amount	[1]	$ 3,458
Cost	[1]	3,416
Fair Value	[1]	$ 3,369
Percentage of Net Assets	[1]	1.43%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | AP Core Holdings II, LLC Term B-1 Loan | Entertainment | LIBOR + 5.500% | 9.884% | 09/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		5.50%
Interest Rate	[1],[2],[7]		9.884%
Maturity Date	[1],[2]		Sep. 01, 2027
Par Amount	[1],[2]		$ 3,683
Cost	[1],[2]		3,632
Fair Value	[1],[2]		$ 3,349
Percentage of Net Assets	[1],[2]		1.43%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | AP Core Holdings II, LLC Term B-2 Loan | Entertainment | LIBOR + 5.500% | 9.884% | 09/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		5.50%
Interest Rate	[1],[2],[7]		9.884%
Maturity Date	[1],[2]		Sep. 01, 2027
Par Amount	[1],[2]		$ 3,458
Cost	[1],[2]		3,409
Fair Value	[1],[2]		$ 3,128
Percentage of Net Assets	[1],[2]		1.34%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Alorica Inc Term Loan | IT Services | SOFR + 6.875% | 12.191% | 12/21/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[4],[9]	6.875%
Interest Rate	[1],[4],[7]	12.191%
Maturity Date	[1],[4]	Dec. 21, 2027
Par Amount	[1],[4]	$ 12,313
Cost	[1],[4]	12,194
Fair Value	[1],[4]	$ 12,195
Percentage of Net Assets	[1],[4]	5.17%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Assured Partners Inc 2020 February Refinancing Term Loan | Brokerage | SOFR + 3.614% | 8.931% | 02/12/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.614%
Interest Rate	[1],[7]	8.931%
Maturity Date	[1]	Feb. 12, 2027
Par Amount	[1]	$ 6,910
Cost	[1]	6,637
Fair Value	[1]	$ 6,901
Percentage of Net Assets	[1]	2.92%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | AssuredPartners, Inc. 2020 February Refinancing Term Loan | Brokerage | LIBOR + 3.500% | 7.884% | 02/12/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.50%
Interest Rate	[1],[2],[7]		7.884%
Maturity Date	[1],[2]		Feb. 12, 2027
Par Amount	[1],[2]		$ 6,964
Cost	[1],[2]		6,637
Fair Value	[1],[2]		$ 6,780
Percentage of Net Assets	[1],[2]		2.90%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Caesars Resort Collection LLC Term B Loan | Gaming | LIBOR + 2.750% | 7.134% | 12/23/2024
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		2.75%
Interest Rate	[1],[2],[7]		7.134%
Maturity Date	[1],[2]		Dec. 23, 2024
Par Amount	[1],[2]		$ 4,452
Cost	[1],[2]		4,382
Fair Value	[1],[2]		$ 4,448
Percentage of Net Assets	[1],[2]		1.90%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Clydesdale Acquisition Holdings Inc Seven Year Term Loan | Packaging | SOFR + 4.275% | 9.591% | 04/13/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	4.275%
Interest Rate	[1],[7]	9.591%
Maturity Date	[1]	Apr. 13, 2029
Par Amount	[1]	$ 6,913
Cost	[1]	6,642
Fair Value	[1]	$ 6,828
Percentage of Net Assets	[1]	2.89%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Clydesdale Acquisition Holdings Inc. Seven Year Term Loan | Packaging | SOFR + 4.275% | 8.598% | 04/13/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		4.275%
Interest Rate	[1],[2],[7]		8.598%
Maturity Date	[1],[2]		Apr. 13, 2029
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,665
Fair Value	[1],[2]		$ 6,651
Percentage of Net Assets	[1],[2]		2.84%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Cornerstone Building Brands Inc. Tranche B Term Loan | Building Materials | LIBOR + 3.250% | 7.568% | 04/12/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[5],[6]		3.25%
Interest Rate	[1],[2],[5],[7]		7.568%
Maturity Date	[1],[2],[5]		Apr. 12, 2028
Par Amount	[1],[2],[5]		$ 4,835
Cost	[1],[2],[5]		4,778
Fair Value	[1],[2],[5]		$ 4,361
Percentage of Net Assets	[1],[2],[5]		1.87%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Endurance International Group Holdings Inc Initial Term Loan | Technology | LIBOR + 3.500% | 8.792% | 02/10/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.50%
Interest Rate	[1],[7]	8.792%
Maturity Date	[1]	Feb. 10, 2028
Par Amount	[1]	$ 6,912
Cost	[1]	6,596
Fair Value	[1]	$ 6,733
Percentage of Net Assets	[1]	2.85%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Endurance International Group Holdings Inc. Initial Term Loan | Technology | LIBOR + 3.500% | 7.717% | 02/10/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.50%
Interest Rate	[1],[2],[7]		7.717%
Maturity Date	[1],[2]		Feb. 10, 2028
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,602
Fair Value	[1],[2]		$ 6,286
Percentage of Net Assets	[1],[2]		2.69%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Gainwell Acquisition Corp Term B Loan | Pharmaceuticals | SOFR + 4.100% | 9.490% | 10/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	4.10%
Interest Rate	[1],[7]	9.49%
Maturity Date	[1]	Oct. 01, 2027
Par Amount	[1]	$ 4,863
Cost	[1]	4,824
Fair Value	[1]	$ 4,756
Percentage of Net Assets	[1]	2.02%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Gainwell Acquisition Corp. Term B Loan | Pharmaceuticals | LIBOR + 4.000% | 8.730% | 10/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		4%
Interest Rate	[1],[2],[7]		8.73%
Maturity Date	[1],[2]		Oct. 01, 2027
Par Amount	[1],[2]		$ 4,900
Cost	[1],[2]		4,854
Fair Value	[1],[2]		$ 4,612
Percentage of Net Assets	[1],[2]		1.97%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Integrity Marketing Acquisition LLC Delayed Draw Term Loan | Insurance Life | SOFR + 6.000% | 11.337% | 08/27/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[4],[9],[10]	6%
Interest Rate	[1],[4],[7],[10]	11.337%
Maturity Date	[1],[4],[10]	Aug. 27, 2026
Par Amount	[1],[4],[10]	$ 3,700
Cost	[1],[4],[10]	1,400
Fair Value	[1],[4],[10]	$ 1,392
Percentage of Net Assets	[1],[4],[10]	0.59%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Integrity Marketing Acquisition LLC Incremental Term Loan | Insurance Life | SOFR + 6.000% | 11.422% | 08/27/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[4],[9]	6%
Interest Rate	[1],[4],[7]	11.422%
Maturity Date	[1],[4]	Aug. 27, 2026
Par Amount	[1],[4]	$ 5,542
Cost	[1],[4]	5,431
Fair Value	[1],[4]	$ 5,510
Percentage of Net Assets	[1],[4]	2.34%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | LBM Acquisition LLC Initial Term Loan | Retailers | LIBOR + 3.750% | 7.121% | 12/17/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.75%
Interest Rate	[1],[2],[7]		7.121%
Maturity Date	[1],[2]		Dec. 17, 2027
Par Amount	[1],[2]		$ 4,724
Cost	[1],[2]		4,683
Fair Value	[1],[2]		$ 4,116
Percentage of Net Assets	[1],[2]		1.76%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | LBM Acquisition LLC Initial Term Loan | Retailers | SOFR + 3.850% | 9.181% | 12/17/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.85%
Interest Rate	[1],[7]	9.181%
Maturity Date	[1]	Dec. 17, 2027
Par Amount	[1]	$ 4,688
Cost	[1]	4,654
Fair Value	[1]	$ 4,586
Percentage of Net Assets	[1]	1.94%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Mavenir Systems Inc Initial Term Loan | Technology | SOFR + 5.012% | 10.389% | 08/18/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[8],[9]	5.012%
Interest Rate	[1],[7],[8]	10.389%
Maturity Date	[1],[8]	Aug. 18, 2028
Par Amount	[1],[8]	$ 9,850
Cost	[1],[8]	9,768
Fair Value	[1],[8]	$ 7,858
Percentage of Net Assets	[1],[8]	3.33%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Mavenir Systems Inc. Initial Term Loan | Technology | LIBOR + 4.750% | 9.424% | 08/18/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[5],[6]		4.75%
Interest Rate	[1],[2],[5],[7]		9.424%
Maturity Date	[1],[2],[5]		Aug. 18, 2028
Par Amount	[1],[2],[5]		$ 9,925
Cost	[1],[2],[5]		9,833
Fair Value	[1],[2],[5]		$ 8,101
Percentage of Net Assets	[1],[2],[5]		3.47%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | McAfee Corp Term Loan | Technology | SOFR + 3.850% | 9.165% | 03/01/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.85%
Interest Rate	[1],[7]	9.165%
Maturity Date	[1]	Mar. 01, 2029
Par Amount	[1]	$ 6,913
Cost	[1]	6,577
Fair Value	[1]	$ 6,763
Percentage of Net Assets	[1]	2.87%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | McAfee Corp. Term Loan | Technology | SOFR + 3.850% | 7.974% | 03/01/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.85%
Interest Rate	[1],[2],[7]		7.974%
Maturity Date	[1],[2]		Mar. 01, 2029
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,593
Fair Value	[1],[2]		$ 6,502
Percentage of Net Assets	[1],[2]		2.78%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | PLNTF Holdings LLC Initial Term Loan | Entertainment | LIBOR + 8.000% | 12.753% | 03/22/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[4],[6]		8%
Interest Rate	[1],[2],[4],[7]		12.753%
Maturity Date	[1],[2],[4]		Mar. 22, 2026
Par Amount	[1],[2],[4]		$ 11,230
Cost	[1],[2],[4]		11,034
Fair Value	[1],[2],[4]		$ 10,725
Percentage of Net Assets	[1],[2],[4]		4.59%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | PLNTF Holdings LLC Initial Term Loan | Entertainment | SOFR + 8.263% | 13.659% | 03/22/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[4],[9]	8.263%
Interest Rate	[1],[4],[7]	13.659%
Maturity Date	[1],[4]	Mar. 22, 2026
Par Amount	[1],[4]	$ 11,144
Cost	[1],[4]	10,999
Fair Value	[1],[4]	$ 10,699
Percentage of Net Assets	[1],[4]	4.53%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Peraton Corp. Term B Loan | Technology | LIBOR + 3.750% | 8.134% | 02/01/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.75%
Interest Rate	[1],[2],[7]		8.134%
Maturity Date	[1],[2]		Feb. 01, 2028
Par Amount	[1],[2]		$ 3,087
Cost	[1],[2]		3,072
Fair Value	[1],[2]		$ 3,020
Percentage of Net Assets	[1],[2]		1.29%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | PetSmart LLC Initial Term Loan | Retailers | LIBOR + 3.750% | 8.130% | 02/11/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.75%
Interest Rate	[1],[2],[7]		8.13%
Maturity Date	[1],[2]		Feb. 11, 2028
Par Amount	[1],[2]		$ 6,982
Cost	[1],[2]		6,686
Fair Value	[1],[2]		$ 6,854
Percentage of Net Assets	[1],[2]		2.93%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | PetSmart LLC Initial Term Loan | Retailers | SOFR + 3.850% | 9.166% | 02/11/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.85%
Interest Rate	[1],[7]	9.166%
Maturity Date	[1]	Feb. 11, 2028
Par Amount	[1]	$ 6,929
Cost	[1]	6,672
Fair Value	[1]	$ 6,919
Percentage of Net Assets	[1]	2.93%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Planview Parent Inc Closing Date Term Loan | Technology | SOFR + 4.262% | 9.652% | 12/17/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	4.262%
Interest Rate	[1],[7]	9.652%
Maturity Date	[1]	Dec. 17, 2027
Par Amount	[1]	$ 6,911
Cost	[1]	6,768
Fair Value	[1]	$ 6,836
Percentage of Net Assets	[1]	2.90%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Planview Parent Inc. Closing Date Term Loan | Technology | LIBOR + 4.000% | 8.730% | 12/17/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		4%
Interest Rate	[1],[2],[7]		8.73%
Maturity Date	[1],[2]		Dec. 17, 2027
Par Amount	[1],[2]		$ 6,964
Cost	[1],[2]		6,801
Fair Value	[1],[2]		$ 6,504
Percentage of Net Assets	[1],[2]		2.78%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Polaris Newco LLC Dollar Term Loan | Technology | LIBOR + 4.000% | 8.730% | 06/02/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		4%
Interest Rate	[1],[2],[7]		8.73%
Maturity Date	[1],[2]		Jun. 02, 2028
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,741
Fair Value	[1],[2]		$ 6,373
Percentage of Net Assets	[1],[2]		2.73%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Polaris Newco LLC Dollar Term Loan | Technology | SOFR + 4.114% | 9.431% | 06/02/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	4.114%
Interest Rate	[1],[7]	9.431%
Maturity Date	[1]	Jun. 02, 2028
Par Amount	[1]	$ 6,912
Cost	[1]	6,715
Fair Value	[1]	$ 6,635
Percentage of Net Assets	[1]	2.81%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Rising Tide Holdings Inc FILO Term Loan | Retailers | SOFR + 9.000% | 14.316% | 06/01/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[4],[9]	9%
Interest Rate	[1],[4],[7]	14.316%
Maturity Date	[1],[4]	Jun. 01, 2026
Par Amount	[1],[4]	$ 4,570
Cost	[1],[4]	4,419
Fair Value	[1],[4]	$ 4,413
Percentage of Net Assets	[1],[4]	1.87%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Rising Tide Holdings, Inc. Initial Term Loan | Retailers | LIBOR + 4.750% | 9.485% | 06/01/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[4],[6]		4.75%
Interest Rate	[1],[2],[4],[7]		9.485%
Maturity Date	[1],[2],[4]		Jun. 01, 2028
Par Amount	[1],[2],[4]		$ 9,850
Cost	[1],[2],[4]		9,759
Fair Value	[1],[2],[4]		$ 4,679
Percentage of Net Assets	[1],[2],[4]		2%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Sophia L P Term Loan B | Technology | SOFR + 3.600% | 8.916% | 10/07/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.60%
Interest Rate	[1],[7]	8.916%
Maturity Date	[1]	Oct. 07, 2027
Par Amount	[1]	$ 6,912
Cost	[1]	6,713
Fair Value	[1]	$ 6,905
Percentage of Net Assets	[1]	2.93%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Sophia L.P. Term Loan B | Technology | LIBOR + 3.500% | 8.230% | 10/07/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.50%
Interest Rate	[1],[2],[7]		8.23%
Maturity Date	[1],[2]		Oct. 07, 2027
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,733
Fair Value	[1],[2]		$ 6,738
Percentage of Net Assets	[1],[2]		2.88%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Team Health Holdings Inc Non Extended Term Loan | Healthcare | SYN LIBOR + 2.750% | 8.181% | 02/06/2024
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	2.75%
Interest Rate	[1],[7]	8.181%
Maturity Date	[1]	Feb. 06, 2024
Par Amount	[1]	$ 6,908
Cost	[1]	6,761
Fair Value	[1]	$ 6,764
Percentage of Net Assets	[1]	2.87%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Team Health Holdings Inc. Non-Extended Term Loan | Healthcare | SOFR + 2.750% | 7.134% | 02/06/2024
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		2.75%
Interest Rate	[1],[2],[7]		7.134%
Maturity Date	[1],[2]		Feb. 06, 2024
Par Amount	[1],[2]		$ 6,963
Cost	[1],[2]		6,513
Fair Value	[1],[2]		$ 5,988
Percentage of Net Assets	[1],[2]		2.56%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Total First Lien Secured
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 137,957	$ 143,434	[2]
Fair Value	[1]	$ 137,221	$ 132,532	[2]
Percentage of Net Assets	[1]	58.16%	56.69%	[2]
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | U S Renal Care Inc Closing Date Term Loan | Healthcare | SOFR + 5.262% | 10.607% | 06/20/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	5.262%
Interest Rate	[1],[7]	10.607%
Maturity Date	[1]	Jun. 20, 2028
Par Amount	[1]	$ 1,595
Cost	[1]	963
Fair Value	[1]	$ 1,069
Percentage of Net Assets	[1]	0.45%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | U.S. Foods Inc. (aka U.S. Foodservice, Inc.) Incremental B-2019 Term Loan | Food and Beverage | LIBOR + 2.000% | 6.384% | 09/13/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		2%
Interest Rate	[1],[2],[7]		6.384%
Maturity Date	[1],[2]		Sep. 13, 2026
Par Amount	[1],[2]		$ 6,004
Cost	[1],[2]		5,858
Fair Value	[1],[2]		$ 5,957
Percentage of Net Assets	[1],[2]		2.55%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | U.S. Renal Care, Inc. Initial Term Loan | Healthcare | LIBOR + 5.000% | 9.438% | 06/26/2026
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		5%
Interest Rate	[1],[2],[7]		9.438%
Maturity Date	[1],[2]		Jun. 26, 2026
Par Amount	[1],[2]		$ 1,891
Cost	[1],[2]		1,857
Fair Value	[1],[2]		$ 1,067
Percentage of Net Assets	[1],[2]		0.46%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Univision Communications Inc Initial Term Loan | Broadcasting | SOFR + 3.364% | 8.681% | 01/31/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	3.364%
Interest Rate	[1],[7]	8.681%
Maturity Date	[1]	Jan. 31, 2029
Par Amount	[1]	$ 6,912
Cost	[1]	6,743
Fair Value	[1]	$ 6,847
Percentage of Net Assets	[1]	2.90%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Univision Communications Inc. Initial Term Loan | Broadcasting | LIBOR + 3.250% | 7.634% | 01/31/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		3.25%
Interest Rate	[1],[2],[7]		7.634%
Maturity Date	[1],[2]		Jan. 31, 2029
Par Amount	[1],[2]		$ 6,965
Cost	[1],[2]		6,775
Fair Value	[1],[2]		$ 6,780
Percentage of Net Assets	[1],[2]		2.90%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Victorias Secret & Co Initial Term Loan | Retailers | SOFR + 3.512% | 8.903% | 08/02/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[8],[9]	3.512%
Interest Rate	[1],[7],[8]	8.903%
Maturity Date	[1],[8]	Aug. 02, 2028
Par Amount	[1],[8]	$ 2,886
Cost	[1],[8]	2,863
Fair Value	[1],[8]	$ 2,828
Percentage of Net Assets	[1],[8]	1.20%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Victorias Secret & Co. Initial Term Loan | Retailers | LIBOR + 3.250% | 7.983% | 08/02/2028
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[5],[6]		3.25%
Interest Rate	[1],[2],[5],[7]		7.983%
Maturity Date	[1],[2],[5]		Aug. 02, 2028
Par Amount	[1],[2],[5]		$ 2,908
Cost	[1],[2],[5]		2,882
Fair Value	[1],[2],[5]		$ 2,835
Percentage of Net Assets	[1],[2],[5]		1.21%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Windstream Services LLC Incremental Term Loan | Wireless | SOFR + 4.100% | 8.423% | 02/28/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[4],[6]		4.10%
Interest Rate	[1],[2],[4],[7]		8.423%
Maturity Date	[1],[2],[4]		Feb. 28, 2027
Par Amount	[1],[2],[4]		$ 7,000
Cost	[1],[2],[4]		6,655
Fair Value	[1],[2],[4]		$ 6,678
Percentage of Net Assets	[1],[2],[4]		2.86%
Investment, Identifier [Axis]: Debt Investments | First Lien Senior Secured | Windstream Services LLC Incremental Term Loan | Wireless | SOFR + 4.100% | 9.416% | 02/23/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	4.10%
Interest Rate	[1],[7]	9.416%
Maturity Date	[1]	Feb. 23, 2027
Par Amount	[1]	$ 7,000
Cost	[1]	6,708
Fair Value	[1]	$ 6,930
Percentage of Net Assets	[1]	2.94%
Investment, Identifier [Axis]: Debt Investments | Second Lien Senior Secured | Altar BidCo Inc Initial Term Loan | Technology | SOFR + 5.600% | 10.492% | 02/01/2030
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	5.60%
Interest Rate	[1],[7]	10.492%
Maturity Date	[1]	Feb. 01, 2030
Par Amount	[1]	$ 2,900
Cost	[1]	2,875
Fair Value	[1]	$ 2,831
Percentage of Net Assets	[1]	1.20%
Investment, Identifier [Axis]: Debt Investments | Second Lien Senior Secured | Altar BidCo Inc. Initial Term Loan | Technology | SOFR + 5.619% | 10.512% | 02/01/2030
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		5.619%
Interest Rate	[1],[2],[7]		10.512%
Maturity Date	[1],[2]		Feb. 01, 2030
Par Amount	[1],[2]		$ 2,900
Cost	[1],[2]		2,872
Fair Value	[1],[2]		$ 2,489
Percentage of Net Assets	[1],[2]		1.06%
Investment, Identifier [Axis]: Debt Investments | Second Lien Senior Secured | KKR Apple Bidco LLC Initial Term Loan | Aviation Services | LIBOR + 5.750% | 10.134% | 09/21/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[6]		5.75%
Interest Rate	[1],[2],[7]		10.134%
Maturity Date	[1],[2]		Sep. 21, 2029
Par Amount	[1],[2]		$ 1,200
Cost	[1],[2]		1,194
Fair Value	[1],[2]		$ 1,164
Percentage of Net Assets	[1],[2]		0.50%
Investment, Identifier [Axis]: Debt Investments | Second Lien Senior Secured | Rising Tide Holdings Inc. Initial Term Loan | Retailers | LIBOR + 8.250% | 12.985% | 06/01/2029
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[2],[4],[6]		8.25%
Interest Rate	[1],[2],[4],[7]		12.985%
Maturity Date	[1],[2],[4]		Jun. 01, 2029
Par Amount	[1],[2],[4]		$ 21,500
Cost	[1],[2],[4]		19,839
Fair Value	[1],[2],[4]		$ 8,062
Percentage of Net Assets	[1],[2],[4]		3.45%
Investment, Identifier [Axis]: Debt Investments | Second Lien Senior Secured | Total Second Lien Secured
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 2,875	$ 23,905	[2]
Fair Value	[1]	$ 2,831	$ 11,715	[2]
Percentage of Net Assets	[1]	1.20%	5.01%	[2]
Investment, Identifier [Axis]: Debt Investments | Senior Unsecured | GCOM | Technology | 17.000% | 02/16/2029
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[4],[7],[11]	17%
Maturity Date	[1],[4],[11]	Feb. 16, 2029
Par Amount	[1],[4],[11]	$ 12,730
Cost	[1],[4],[11]	10,011
Fair Value	[1],[4],[11]	$ 9,938
Percentage of Net Assets	[1],[4],[11]	4.21%
Investment, Identifier [Axis]: Debt Investments | Senior Unsecured | LEAF Home Solutions Note | Consumer Services | 12.000% | 02/26/2027
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[4],[7],[11]	12%	12%	[2]
Maturity Date	[1],[4],[11]	Feb. 26, 2027	Feb. 26, 2027	[2]
Par Amount	[1],[4],[11]	$ 32,235	$ 28,689	[2]
Cost	[1],[4],[11]	32,073	28,502	[2]
Fair Value	[1],[4],[11]	$ 29,850	$ 25,562	[2]
Percentage of Net Assets	[1],[4],[11]	12.65%	10.93%	[2]
Investment, Identifier [Axis]: Debt Investments | Total Senior Unsecured
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 42,084	$ 28,502	[2]
Fair Value	[1]	$ 39,788	$ 25,562	[2]
Percentage of Net Assets	[1]	16.86%	10.93%	[2]
Investment, Identifier [Axis]: Investments Non-Controlled Non Affiliated Investments | Debt Investments | First Lien Senior Secured | AP Core Holdings II LLC Term B1 Loan | Entertainment | SOFR + 5.614% | 10.931% | 09/01/2027
Summary of Investment Holdings [Line Items]
Reference Rate Spread	[1],[9]	5.614%
Interest Rate	[1],[7]	10.931%
Maturity Date	[1]	Sep. 01, 2027
Par Amount	[1]	$ 3,536
Cost	[1]	3,494
Fair Value	[1]	$ 3,485
Percentage of Net Assets	[1]	1.48%
Investment, Identifier [Axis]: Short-Term Investments | Total U.S. Treasury Bills
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 19,192
Fair Value	[1]	$ 19,195
Percentage of Net Assets	[1]	8.14%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | Total U.S. Treasury Bills
Summary of Investment Holdings [Line Items]
Cost	[1],[2]		$ 32,640
Fair Value	[1],[2]		$ 32,650
Percentage of Net Assets	[1],[2]		13.96%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 3.44% | 01/26/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[2],[7]		3.44%
Maturity Date	[1],[2]		Jan. 26, 2023
Par Amount	[1],[2]		$ 8,000
Cost	[1],[2]		7,978
Fair Value	[1],[2]		$ 7,980
Percentage of Net Assets	[1],[2]		3.41%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 4.08% | 3/09/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[2],[7]		4.08%
Maturity Date	[1],[2]		Mar. 09, 2023
Par Amount	[1],[2]		$ 9,200
Cost	[1],[2]		9,128
Fair Value	[1],[2]		$ 9,130
Percentage of Net Assets	[1],[2]		3.91%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 4.12% | 03/23/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[2],[7]		4.12%
Maturity Date	[1],[2]		Mar. 23, 2023
Par Amount	[1],[2]		$ 600
Cost	[1],[2]		594
Fair Value	[1],[2]		$ 594
Percentage of Net Assets	[1],[2]		0.25%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 4.18% | 03/30/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[2],[7]		4.18%
Maturity Date	[1],[2]		Mar. 30, 2023
Par Amount	[1],[2]		$ 15,100
Cost	[1],[2]		14,940
Fair Value	[1],[2]		$ 14,946
Percentage of Net Assets	[1],[2]		6.39%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 4.21% | 10/10/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[7]	4.21%
Maturity Date	[1]	Oct. 10, 2023
Par Amount	[1]	$ 3,400
Cost	[1]	3,396
Fair Value	[1]	$ 3,396
Percentage of Net Assets	[1]	1.44%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 4.99% | 11/02/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[7]	4.99%
Maturity Date	[1]	Nov. 02, 2023
Par Amount	[1]	$ 6,600
Cost	[1]	6,569
Fair Value	[1]	$ 6,570
Percentage of Net Assets	[1]	2.79%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 5.05% | 11/09/2023
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[7]	5.05%
Maturity Date	[1]	Nov. 09, 2023
Par Amount	[1]	$ 7,600
Cost	[1]	7,556
Fair Value	[1]	$ 7,557
Percentage of Net Assets	[1]	3.20%
Investment, Identifier [Axis]: Short-Term Investments | U.S. Treasury Bills | U.S. Treasury Bill | 5.32% | 01/23/2024
Summary of Investment Holdings [Line Items]
Interest Rate	[1],[7]	5.32%
Maturity Date	[1]	Jan. 23, 2024
Par Amount	[1]	$ 1,700
Cost	[1]	1,671
Fair Value	[1]	$ 1,672
Percentage of Net Assets	[1]	0.71%
Investment, Identifier [Axis]: Total Debt Investments
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 182,916	$ 195,841	[2]
Fair Value	[1]	$ 179,840	$ 169,809	[2]
Percentage of Net Assets	[1]	76.22%	72.63%	[2]
Investment, Identifier [Axis]: Total Non-Controlled Non-Affiliated Investments
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 233,185	$ 256,627	[2]
Fair Value	[1]	$ 230,604	$ 230,202	[2]
Percentage of Net Assets	[1]	97.74%	98.46%	[2]
Investment, Identifier [Axis]: Total Short-Term Investments
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 19,192	$ 32,640	[2]
Fair Value	[1]	$ 19,195	$ 32,650	[2]
Percentage of Net Assets	[1]	8.14%	13.96%	[2]
Investment, Identifier [Axis]: Total Warrants
Summary of Investment Holdings [Line Items]
Cost	[1]	$ 2,491
Fair Value	[1]	$ 2,491
Percentage of Net Assets	[1]	1.06%
Investment, Identifier [Axis]: Warrants | GCOM | Technology | 8/11/2033
Summary of Investment Holdings [Line Items]
Maturity Date	[1],[3],[4]	Aug. 11, 2033
Par Amount	[1],[3],[4]	$ 2,491,250
Cost	[1],[3],[4]	2,491
Fair Value	[1],[3],[4]	$ 2,491
Percentage of Net Assets	[1],[3],[4]	1.06%
Investment, Identifier [Axis]: Warrants | West Marine/Rising Tide Holdings Inc | Retailers | 9/8/2028
Summary of Investment Holdings [Line Items]
Maturity Date	[1],[3],[4]	Sep. 08, 2028
Par Amount	[1],[3],[4]	$ 47,166
Percentage of Net Assets	[1],[3],[4]	0%
[1]All investments are U.S. domiciled.[2]All debt investments are income-producing, unless otherwise noted.[3]Non-income producing security.[4]The fair value of the investment was valued using significant unobservable inputs. See Note 6. Fair Value Measurements in the Notes to Unaudited Consolidated Financial Statements.[5]The investment is treated as a non-qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act’’). Under the 1940 Act, the Company cannot acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. As of December 31, 2022, total non-qualifying assets at fair value represented 18.4% of the Company’s total net assets calculated in accordance with the 1940 Act.[6]Unless otherwise indicated, the interest rate on the principal balance outstanding for all floating rate loans is indexed to the London Interbank Offered Rate (“LIBOR”) and/or the Term Secured Overnight Financing Rate (“SOFR”), which typically resets semiannually, quarterly, or monthly at the borrower’s option. The applicable base rate may be subject to a floor. The borrower may also elect to have multiple interest reset periods for each loan. For each of these loans, we have provided the applicable margin over the reference rate based on each respective credit agreement. As of December 31, 2022, the reference rates for the floating rate loans were the 1 Month LIBOR of 4.39%, 3 Month LIBOR of 4.77%, 6 Month LIBOR of 5.14%, 1 Month SOFR of 4.36%, 3 Month SOFR of 4.59% and 6 Month SOFR of 4.78%.[7]Interest rates on short-term investments are annualized.[8]The investment is treated as a non-qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act’’). Under the 1940 Act, the Company cannot acquire any non-qualifying asset unless, at the time the acquisition is made, qualifying assets represent at least 70% of the Company’s total assets. As of September 30, 2023, total non-qualifying assets at fair value represented 16.7% of the Company’s total net assets calculated in accordance with the 1940 Act.[9]Unless otherwise indicated, the interest rate on the principal balance outstanding for all floating rate loans is indexed to the London Interbank Offered Rate (“LIBOR”), Synthetic LIBOR (“SYN LIBOR”), and/or the Term Secured Overnight Financing Rate (“SOFR”), which typically resets semiannually, quarterly, or monthly at the borrower’s option. The applicable base rate may be subject to a floor. The borrower may also elect to have multiple interest reset periods for each loan. For each of these loans, we have provided the applicable margin over the reference rate based on each respective credit agreement. As of September 30, 2023, the reference rates for the floating rate loans were the 3 Month LIBOR of 5.66%, 1 Month SOFR of 5.32%, 3 Month SOFR of 5.40%, 6 Month SOFR of 5.47% and SYN LIBOR of 5.43%.[10]Position or portion thereof is an unfunded loan commitment, and no interest is being earned on the unfunded portion. The unfunded loan commitment may be subject to a commitment termination date that may expire prior to the maturity date stated. See Note 7. Commitments and Contingencies in the Notes to Unaudited Consolidated Financial Statements.[11]All or a portion of the interest on this position is paid-in-kind (PIK)

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Parenthetical)	Sep. 30, 2023	Dec. 31, 2022
Summary of Investment Holdings [Line Items]
Percentage of qualifying assets to the total assets	70%	70%
1 Month LIBOR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate		4.39%
3 Month LIBOR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate	5.66%	4.77%
6 Month LIBOR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate		5.14%
1 Month SOFR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate	5.32%	4.36%
3 Month SOFR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate	5.40%	4.59%
6 Month SOFR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate	5.47%	4.78%
SYN LIBOR [Member]
Summary of Investment Holdings [Line Items]
Investment, Basis Spread, Variable Rate	5.43%
Minimum [Member]
Summary of Investment Holdings [Line Items]
Percentage of qualifying assets to the total assets	16.70%	18.40%

N-2

N-2 - $ / shares	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 09, 2022
Cover [Abstract]
Entity Central Index Key	0001905824
Amendment Flag	false
Securities Act File Number	814-01549
Document Type	10-Q
Entity Registrant Name	PIMCO Capital Solutions BDC Corp.
Entity Address, Address Line One	650 Newport Center Drive
Entity Address, City or Town	Newport Beach
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92660
City Area Code	949
Local Phone Number	720-6000
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
General Description of Registrant [Abstract]
NAV Per Share	$ 9.29	$ 9.21	$ 9.98	$ 0

Organization

Organization	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization PIMCO Capital Solutions BDC Corp. (collectively with its consolidated subsidiaries, the “Company,” “we,” “our,” and “us”), is an externally managed, non-diversified, closed-end The Company intends to invest primarily in privately negotiated loans and equity investments to middle market companies generally with annual revenues greater than $20 million and earnings before interest, taxes, depreciation and amortization (“EBITDA”) of less than $50 million. Pacific Investment Management Company LLC (“PIMCO” or the “Advisor”) serves as the Company’s external investment advisor pursuant to an investment management agreement (the “Advisory Agreement”). PIMCO is an investment advisor registered with the U.S. Securities and Exchange Commission (the “SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). PIMCO also serves as the Company’s administrator (in such capacity, the “Administrator”) pursuant to an administration agreement (the “Administration Agreement”). The Administrator may retain a sub-administrator The Company is conducting private offerings (each a “Private Offering”) of its common stock to investors in reliance on an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). At the closing of any Private Offering, each investor makes a capital commitment (a “Capital Commitment”) to purchase Shares (as defined below) pursuant to a subscription agreement (“Subscription Agreement”) entered into with the Company or PIMCO Capital Solutions US Feeder LP, a feeder fund established by the Advisor to invest in Shares of the Company (“Feeder Fund”). The Company is a perpetual-life investment vehicle, without a fixed termination date or commitment period. Investors will be required to fund drawdowns to purchase Shares up to the amount of their respective Capital Commitment on an as-needed The initial meeting of the Board of Directors (the “Board”) of the Company was held on June 22, 2022. There were no operations prior to June 10, 2022 (date of inception). Effective June 10, 2022, affiliated entities of the Advisor (the “PIMCO Entities”) indirectly contributed $15 (amount in thousands) of capital to the Company by investing in interests of the Feeder Fund. In exchange for this contribution, the PIMCO Entities, through their interest in the Feeder Fund, each indirectly received common stock of the Company, par value $0.001 (“Shares”). On June 29, 2022, the PIMCO Entities made an additional capital contribution and, pursuant to Transfer Agreements entered into on June 30, 2022, the PIMCO Entities contributed additional assets to the Company with a fair market value of $143,864 and unrealized loss of $6,588 (amounts in thousands). As a result of these foregoing transactions, the Company issued and sold a total of 25,387,884 Shares at an aggregate purchase price of $253,879 (amount in thousands). As of September 30, 2023, the Company had total Capital Commitments of $253,879 (amount in thousands), of which 0% is unfunded. Capital Commitments may be drawn down by the Company on a pro rata basis, as needed (including follow-on The Company’s fiscal year ends December 31.

Significant Accounting Policies

Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Significant Accounting Policies	2. Significant Accounting Policies Basis of Accounting The Company’s consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. These consolidated financial statements reflect adjustments that in the opinion of management are necessary for the fair statement of the financial position and results of operations for the periods presented herein. The functional and reporting currency for the Company is the U.S. dollar. The interim consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q S-X. Use of Estimates The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that may affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates. Basis of Consolidation As provided under ASC Topic 946 and Regulation S-X, Fair Value of Investments The Company applies fair value to all of its financial instruments in accordance with ASC Topic 820—Fair Value Measurement (“ASC Topic 820”). ASC Topic 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements. In accordance with ASC Topic 820, the Company has categorized its financial instruments carried at fair value, based on the priority of the valuation technique, into a three-level fair value hierarchy. Fair value is a market-based measure considered from the perspective of the market participant who holds the financial instrument rather than an entity-specific measure. Therefore, when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that management believes market participants would use in pricing the financial instrument at the measurement date. Revenue Recognition Securities transactions are recorded as of the trade date for financial reporting purposes. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled 15 days or more after the trade date. Realized gains and losses from securities sold are recorded on the identified cost basis. Dividend income is recorded on the ex-dividend ex-dividend Investments are placed on non-accrual non-accrual Non-accrual Interest income and interest expense are recognized on an accrual basis. Interest income on debt instruments is accrued and recognized for those issuers who are currently paying in full or expected to pay in full. For those issuers who are in default or expected to default, interest is not accrued and is only recognized when received or applied to principal depending upon management’s judgement. Interest income and expense include discounts accreted and premiums amortized on certain debt instruments as determined in good faith by the Company and calculated using the effective interest method. Loan origination fees, original issue discounts and market discounts or premiums are capitalized as part of the underlying cost of the investments and accreted or amortized over the life of the investment as interest income. Paydown gains and losses on investments in debt instruments are reported in Interest income on the Consolidated Statements of Operations. The Company records dividend income from private securities pursuant to the terms of the respective investments. The Company may earn various fees during the life of the loans. Such fees include, but are not limited to, syndication, commitment, administration, prepayment and amendment fees, some of which are paid to the Company on an ongoing basis. These fees and any other income are recognized as earned as a component of Other income, if applicable, on the Consolidated Statements of Operations. Certain commitment fees are deferred and included in Other Liabilities on the Consolidated Statement of Assets and Liabilities. The commitment fees are amortized over the life of the investment as other income. Deferred Financing Fees Deferred financing fees represent fees and other direct incremental costs incurred in connection with the Company’s borrowings. As of September 30, 2023 and December 31, 2022, the Company had deferred financing costs of $2,353 and $0, respectively (amount in thousands). These amounts are amortized and included in interest expense in the Consolidated Statements of Operations over the life of the borrowings. Payment In-Kind The Company may have investments that contain Payment-In-Kind in-kind Organizational Costs Organizational costs to establish the Company are charged to expense as incurred. These expenses consist primarily of legal fees and other costs of organizing the Company. The Advisor may elect to pay certain organizational costs of the Company on the Company’s behalf and for which the Company reimburses the Advisor. If the Company is dissolved prior to the full reimbursement of the organizational costs, the Advisor shall not seek reimbursement of any remaining amounts upon dissolution. The Company has entered into an Expense Support and Conditional Reimbursement Agreement (the “Expense Reimbursement Agreement”) with the Advisor pursuant to which the Advisor may elect to pay certain expenses on the Company’s behalf and the Company may be required to repay the Advisor from its excess operating funds until such time as all expenses made by the Advisor on behalf of the Company within three years have been reimbursed. These expenses consist primarily of legal fees and other costs of organizing the Company. As of September 30, 2023 and December 31, 2022, $703 and $1,004, respectively (amounts in thousands), were recoverable by the Advisor for organizational expenses Offering Costs Offering costs in connection with the offering of common stock of the Company are capitalized as a deferred charge and amortized to expense on a straight-line basis over 12 months from the commencement of operations. The Advisor may elect to pay certain offering costs of the Company on the Company’s behalf and for which the Company may reimburse the Advisor pursuant to the Expense Reimbursement Agreement between the Company and Advisor. If the Company is dissolved prior to the full reimbursement of the offering costs, the Advisor shall not seek reimbursement of any remaining amounts upon dissolution. As of September 30, 2023 and December 31, 2022, there were $0 and $10, respectively (amounts in thousands), recoverable by the Advisor for offering costs paid on the Company’s behalf and were recorded as “Deferred offering costs” on the Consolidated Statements of Assets and Liabilities. Other Expenses All costs associated with consummated investments are included in the cost of such investments. Broken deal expenses incurred in connection with investment transactions which are not successfully consummated are expensed as a component of Other expenses on the Consolidated Statements of Operations. In addition, valuation, insurance, filing, research, consulting, subscriptions, directors’ out-of-pocket expenses and other costs, are included as components of Other expenses on the Consolidated Statements of Operations and Other payables on the Statement of Assets and Liabilities. Legal Expense Legal expenses are related to ongoing reviews of and legal advice on filings, board materials and financing facility and regulatory matters of the Company. These expenses are included as Legal expenses on the Consolidated Statement of Operations and Legal expenses payable on the Consolidated Statement of Assets and Liabilities. Cash and Foreign Currency Cash is comprised of cash at the custodian bank. The consolidated financial statements of the Company are presented using the currency of the primary economic environment in which it operates. The functional and reporting currency for the Company is the U.S. dollar. Income Taxes The Company has elected, as of August 1, 2022, to be treated as a RIC under the Code and intends each year to qualify and be eligible to be treated as such, so that it generally will not be subject to U.S. federal income tax on its net investment income or net short-term or long-term capital gains, that are distributed (or deemed distributed, as described below) to stockholders. In order to qualify and be eligible for such treatment, the Company must meet certain asset diversification tests, derive at least 90% of its gross income for such year from certain types of qualifying income, and distribute to its stockholders at least 90% of its “investment company taxable income” as that term is defined in the Code (which includes, among other things, dividends, taxable interest and the excess of any net short-term capital gains over net long-term capital losses, as reduced by certain deductible expenses). The Company’s investment strategy will potentially be limited by its intention to continue qualifying for treatment as a RIC and can limit the Company’s ability to continue qualifying as such. The tax treatment of certain of the Company’s investments under one or more of the qualification or distribution tests applicable to RICs is uncertain. An adverse determination or future guidance by the IRS or a change in law might affect the Company’s ability to qualify or be eligible for such treatment. If, in any year, the Company were to fail to qualify for treatment as a RIC under the Code and were ineligible to or did not otherwise cure such failure, the Company would be subject to tax on its taxable income at corporate rates and, when such income is distributed, stockholders would be subject to further tax on such distributions to the extent of the Company’s current or accumulated earnings and profits. The Company accounts for income taxes in conformity with ASC Topic 740—Income Taxes (“ASC Topic 740”). ASC Topic 740 provides guidelines for how uncertain tax positions should be recognized, measured, presented and disclosed in financial statements. ASC Topic 740 requires the evaluation of tax positions taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” more-likely-than-not Distributions Income distributions and capital gain distributions are determined in accordance with income tax regulations which may differ from U.S. GAAP. Differences between tax regulations and U.S. GAAP may cause timing differences between income and capital gain recognition. Further, the character of investment income and capital gains may be different for certain transactions under the two methods of accounting. As a result, income distributions and capital gain distributions declared during a fiscal period may differ significantly from the net investment income (loss) and realized gains (losses) reported on the Company’s financial statements presented under U.S. GAAP. The Company has adopted an “opt out” distribution reinvestment plan (“DRIP”). As a result, unless stockholders elect to “opt out” of the DRIP, stockholders will have their cash dividends or distributions automatically reinvested in additional Shares, rather than receiving cash. Shareholders who receive distributions in the form of Shares will generally be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions; however, those stockholders will not receive cash with which to pay any applicable taxes. New Accounting Pronouncement In March 2020, the FASB issued Accounting Standards Update (“ASU”), ASU 2020-04, 2020-04 2022-06, 2020-04

Related Party Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	3. Related Party Transactions Advisory Agreement On June 30, 2022, the Company entered into an Advisory Agreement, pursuant to which the Company will pay the Advisor, quarterly in arrears, a base management fee calculated at an annual rate of 1.25%. The base management fee is calculated based on the average of the Company’s total net assets (including cash or cash equivalents but excluding assets purchased with borrowed amounts) as of the end of the two most recently completed calendar quarters. The base management fee for any partial month or quarter is appropriately prorated. The Advisor has agreed to waive all management fees payable pursuant to the Advisory Agreement for so long as the only stockholders of the Company are PIMCO Entities. The Advisory Agreement does not provide for the payment of incentive fees. For the three month period ended September 30, 2023 and September 30, 2022, the Company incurred a management fee of $753 and $798, respectively (amounts in thousands), of which 100% was waived by the Advisor. For the nine month period ended September 30, 2023 and for the period from June 10, 2022 (date of inception) to September 30, 2022, the Company incurred a management fee of $2,233 and $806, respectively (amount in thousands), of which 100% was waived by the Advisor. Administration Agreement On June 30, 2022, the Company entered into an Administration Agreement with PIMCO in its capacity as Administrator. Under the Administration Agreement, the Administrator provides or causes to be furnished certain supervisory and administrative and other services reasonably necessary for the operation of the Company. Pursuant to the Administration Agreement, the Company pays the Administrator an annual fee calculated and payable quarterly in arrears on the last business day of calendar quarter in an amount equal to 0.15% of the Company’s total net assets. For the three month period ended September 30, 2023 and September 30, 2022, the Company incurred an administration fee of $90 and $97, respectively (amounts in thousands). For the nine month period ended September 30, 2023 and the period from June 10, 2022 (date of inception) to September 30, 2022, the Company incurred an administration fee of $268 and $97, respectively (amount in thousands). Expense Reimbursement Agreement The Company has entered into an Expense Reimbursement Agreement with the Advisor. The Advisor may elect to make certain Expense Payments on the Company’s behalf, provided that no portion of the payment will be used to pay any of the Company’s interest expense. The Advisor has agreed to make Expense Payments on the Company’s behalf through June 30, 2025. During the nine month period ended September 30, 2023 and period ended December 31, 2022, the Advisor paid directors fees on behalf of the Company. As of September 30, 2023 and period ended December 31, 2022, $131 and $192, respectively (amount in thousands), are reimbursable to the Advisor for directors fees and are recorded as “Directors fee reimbursement to Advisor” on the Consolidated Statements of Assets and Liabilities. Following any calendar year in which Available Operating Funds (defined below) exceed the cumulative distributions accrued to the Company’s stockholders based on distributions declared with respect to record dates occurring in such calendar year (the amount of such excess, “Excess Operating Funds”), the Company shall pay Excess Operating Funds, or a portion thereof, to the Advisor until such time as all Expense Payments made by the Advisor to or on behalf of the Company within three years prior to the last business day of such calendar year have been reimbursed. Any payments required to be made by the Company shall be referred to herein as a “Reimbursement Payment.” “Available Operating Funds” means the sum of (i) the Company’s net “investment company taxable income”, as defined by the Code, which generally includes net ordinary income and net short-term taxable 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) distributions and other distributions paid to 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). No Reimbursement Payment for any calendar year will be made if the Company’s Operating Expense Ratio (defined below) at the time of such Reimbursement Payment is greater than the Operating Expense Ratio at the time the expense payment was made to which such Reimbursement Payment relates. The “Operating Expense Ratio” is calculated by dividing all of the Company’s operating costs and expenses incurred, as determined in accordance with U.S. GAAP for investment companies, less organizational and offering expenses, base management fees owed to the Advisor, and interest expense, by the Company’s average net assets. The Expense Reimbursement Agreement may require the Company to repay the Advisor for previously waived reimbursement of Expense Payments under certain circumstances. The previously waived expenses are potentially subject to repayment by the Company, if at all, within a period not to exceed three years from the date of the relevant waiver. For the three month period ended September 30, 2023 and September 30, 2022, the Company waived organization costs of $0 and $438, respectively (amount in thousands). For the nine month period ended September 30, 2023 and for the period from June 10, 2022 (date of inception) to September 30, 2022, the Company waived organization costs of $0 and $950, respectively (amount in thousands). Due to/from Affiliate As of September 30, 2023 and December 31, 2022, the Company has $0 and $2, respectively (amounts in thousands), receivable from an affiliate and are included in “Due from affiliate” on the Consolidated Statements of Assets and Liabilities. As of September 30, 2023 and December 31, 2022, the Company has $0 and $435, respectively (amounts in thousands), payable to an affiliate and are included in “Due to affiliate” on the Consolidated Statements of Assets and Liabilities. Directors Fee The Company compensates each of its Independent Directors for their services. Their compensation is included in Directors fee on the Consolidated Statements of Operations. The Independent Directors also receive reimbursement of reasonable out-of-pocket expenses Co-Investment The Company has received exemptive relief from the SEC that, to the extent the Company relies on such relief, permits it to (among other things) co-invest co-investments co-investments See Note 1. Organization for other related party transactions.

Borrowings

Borrowings	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Borrowings	4. Borrowings The Company is permitted to borrow amounts such that its asset coverage ratio, as defined in the 1940 Act, is at least 150% after such borrowing (if certain requirements are met). As of September 30, 2023 and December 31, 2022, the Company did not have any borrowings outstanding and, therefore, the asset coverage ratio is not applicable. Credit Facility On June 19, 2023, Amber CS LLC (the “Subsidiary”), as borrower and portfolio asset servicer, a wholly-owned financing subsidiary of the Company, Topaz CS LLC, as equity holder of Subsidiary, and Opal CS LLC and Quartz CS LLC, as Subsidiary guarantors, entered into a loan servicing agreement (the “Credit Facility”) with Massachusetts Mutual Life Insurance Company, as initial lender, administrative agent, facility servicer, and collateral custodian, and MassMutual Ascend Life Insurance Company, as initial lender. Under the Credit Facility, the maximum aggregate committed borrowing amount is $150,000 (amount in thousands) (the “Maximum Facility Amount”) with a scheduled maturity date of June 19, 2032. The facility bears interest at a rate of the applicable Benchmark plus (a) 2.85% for SOFR advances, and (b) 1.85% for an advance bearing interest at the alternate base rate which is a rate of interest per annum equal to the higher of (a) the Prime Rate in effect on such day; and (b) the Federal Funds Rate in effect on such day plus 0.5% per annum. The facility bears an Unused Commitment Fee on the average daily unused amount in excess of the Minimum Usage Amount, if any, at a rate of .40% per annum. The Minimum Usage Amount is (a) zero prior to June 19, 2024, and (b) an amount equal to 70% of the Maximum Facility Amount any date on or after June 19, 2024. The Subsidiary also pays a Facility Servicer Fee in an aggregate amount equal to 0.03% per annum of the Maximum Facility Amount, an annual Collateral Custodian Fee of $5, an Agent Fee in an annual amount of $25, and a Rating fee of $175 for the initial rating and an annual fee of $45 thereafter (amounts in thousands). The Credit Facility contains certain covenants including: (i) the Subsidiary acquiring a Debt Rating of BBB-, In connection with the establishment of the loan facility, the Company paid upfront fees and incurred legal expenses of $2,423 (amount in thousands), which are being amortized into interest expense through the scheduled maturity date. The Company had $0 of outstanding borrowings as of September 30, 2023. Interest expense related to the borrowings and amortization of deferred financing costs are disclosed as a component of interest expense on the Consolidated Statements of Operations. For the three month period ended September 30, 2023 and September 30, 2022, the Company had interest expense of $63 and $0, respectively, inclusive of amortization expense for deferred financing fees of $63 and $0, respectively (amounts in thousands). For the nine month period ended September 30, 2023 and for the period from June 10, 2022 (date of inception) to September 30, 2022, the Company had interest expense of $70 and $0, respectively, inclusive of amortization expense for deferred financing fees of $70 and $0, respectively (amounts in thousands).

Investments

Investments	9 Months Ended
	Sep. 30, 2023
Schedule of Investments [Abstract]
Investments	5. Investments Under the 1940 Act, the Company is required to separately identify non-controlled “non-affiliated non-controlled, non-affiliated; non-controlled, non-controlled, non-affiliated; non-controlled, Investments at fair value and cost consisted of the following as of September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 (Amounts in thousands) Cost Fair Value Cost Fair Value First Lien Secured $ 137,957 $ 137,221 $ 143,434 $ 132,532 Second Lien Secured 2,875 2,831 23,905 11,715 Senior Unsecured 42,084 39,788 28,502 25,562 Corporate Bonds 28,227 28,816 28,146 27,743 Common Stocks 359 262 — — Warrants 2,491 2,491 — — Short-Term Investments 19,192 19,195 32,640 32,650 Total investments $ 233,185 $ 230,604 $ 256,627 $ 230,202 The industry composition of investments as a percentage of total investments based on fair value as of September 30, 2023 and December 31, 2022 was as follows: September 30, December 31, Automotive 12.5 % 12.1 % Aviation Services — 0.5 % Broadcasting 3.0 % 2.9 % Brokerage 3.0 % 2.9 % Building Materials — 1.9 % Consumer Service 12.9 % 11.1 % Entertainment 7.6 % 7.5 % Food and Beverage — 2.6 % Gaming — 1.9 % Healthcare 3.4 % 3.1 % Insurance Life 3.0 % — Packaging 3.0 % 2.9 % Pharmaceuticals 2.1 % 2.0 % Retailers 8.2 % 11.5 % Technology 24.7 % 20.0 % Treasury Bills 8.3 % 14.2 % IT Services 5.3 % — Wireless 3.0 % 2.9 % Total 100.0 % 100.0 %

Fair Value Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair value disclosures	6. Fair Value Measurement In accordance with ASC Topic 820, fair value is defined as the price that the Company would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820 also establishes a framework for measuring fair value and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability as of the reporting date. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s own assumptions about the assumptions that market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below: • Level 1 – Quoted prices in active markets for identical investments. • Level 2 – Other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.). • Level 3 – Significant unobservable inputs (including the Company’s own assumptions in determining the fair value of investments at the reporting date). The level in the fair value hierarchy within which the fair value measurement is categorized in its entirety is determined on the basis of the lowest level input that is significant to the fair value measurement in its entirety. For this purpose, the significance of an input is assessed against the fair value measurement in its entirety. If a fair value measurement uses observable inputs that require significant adjustment based on unobservable inputs, that measurement is a Level 3 measurement. If a fair value measurement uses price data vendors or observable market price quotations, that measurement may be a Level 2 or Level 3 measurement depending on the source of the base price. Assessing the significance of a particular input to the fair value measurement in its entirety requires judgment, considering factors specific to the asset or liability. The determination of what constitutes “observable” requires significant judgment by the Company. The Company considers observable data to be that market data that is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. Valuation of Investments Investments are valued at fair value as determined in good faith by the Advisor, subject to the oversight of the Board, based on input from management and independent valuation firms that have been engaged to assist in the valuation of portfolio investments without readily available market quotations. This valuation process is conducted at the end of each fiscal quarter. Common stocks, warrants and financial derivative instruments, such as futures contracts or options on futures that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy. Investments for which market quotations are not readily available are valued at fair value as determined in good faith pursuant to Rule 2a-5 2a-5, The fair values of loan investments based upon pricing data vendors or observable market price quotations are generally categorized as Level 2 or Level 3. Loan investments priced using internal models with significant unobservable inputs are categorized as Level 3. Short-term debt instruments (such as commercial paper) held by the Company having a remaining maturity of 60 days or less may be valued at amortized cost, so long as the amortized cost value of such short-term debt instruments is approximately the same as the fair value of the instrument as determined without the use of amortized cost valuation. These securities are categorized as Level 2 or Level 3 of the fair value hierarchy depending on the source of the base price. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter (absent unusual circumstances) assuming a constant amortization to maturity of any discount or premium, regardless of the impact of fluctuations in general market rates of interest on the value of the instrument. If third-party evaluated vendor pricing is not available or not deemed to be indicative of fair value, the Company may elect to obtain Broker Quotes directly from the broker-dealer or passed through from a third-party vendor. In the event that fair value is based upon a single sourced Broker Quote, these securities are categorized as Level 3 of the fair value hierarchy. Broker Quotes are typically received from established market participants. Although independently received, the Company does not have the transparency to view the underlying inputs which support the market quotation. Significant changes in the Broker Quote would have direct and proportional changes in the fair value of the security. Discounted cash flow valuation uses an internal analysis based on the Advisor’s expectation of future income and expenses, capital structure, exit multiples of a security, and other unobservable inputs which may include contractual and factual loan factors, estimated future payments and credit rating. Significant changes in the unobservable inputs of the models would result in direct and proportional changes in the fair value of the security. These securities are categorized as Level 3 of the fair value hierarchy. Proxy pricing procedures set the base price of a fixed income security and subsequently adjust the price proportionally to market value changes of a pre-determined The market approach generally involves multiplying a key performance metric of the company, such as earnings before interest, taxes, depreciation and amortization (“EBITDA”), by a valuation multiple observed in a range of comparable companies or transactions. The selection of a population of comparable companies requires judgment, including qualitative and quantitative analysis of the comparability of the companies. The Advisor may also adjust the valuation multiple for differences between the investment and the referenced comparable. A cost approach is generally used when a recent transaction price for a specific asset is indicative of fair value. Due to the inherent uncertainty of valuations, however, estimated fair values may differ from the values that would have been used had a readily available market for the securities existed and the differences could be material. The following tables summarize the fair value of the Company’s investments as of September 30, 2023 and December 31, 2022 (amounts in thousands): September 30, 2023 Assets Level 1 Level 2 Level 3 Total First Lien Secured $ — $ 103,012 $ 34,209 $ 137,221 Second Lien Secured — 2,831 — 2,831 Senior Unsecured — — 39,788 39,788 Corporate Bonds — 28,816 — 28,816 Common Stocks — — 262 262 Warrants — — 2,491 2,491 Short-Term Investments — 19,195 — 19,195 Total assets $ — $ 153,854 $ 76,750 $ 230,604 December 31, 2022 Assets Level 1 Level 2 Level 3 Total First Lien Secured $ — $ 110,450 $ 22,082 $ 132,532 Second Lien Secured — 3,653 8,062 11,715 Senior Unsecured — — 25,562 25,562 Corporate Bonds — 27,743 — 27,743 Short-Term Investments — 32,650 — 32,650 Total assets $ — $ 174,496 $ 55,706 $ 230,202 Assets or liabilities categorized as Level 2 or Level 3 as of period end have been transferred between Level 2 and 3 since the prior period due to changes in the method utilized in valuing the investments. Transfers from Level 2 to Level 3 are a result of a change, in the normal course of business, from the use of methods used by Pricing Services (Level 2) to the use of a Broker Quote or valuation technique which utilizes significant unobservable inputs due to an absence of current or reliable market-based data (Level 3). Transfers from Level 3 to Level 2 are a result of the availability of current and reliable market-based data provided by Pricing Services or other valuation techniques which utilize significant observable inputs. In accordance with the requirements of U.S. GAAP, the amounts of transfers into and out of Level 3, if material, are disclosed in the tables below. The below tables present a summary of changes in fair value of Level 3 assets by investment type (amounts in thousands) for the nine months ended September 30, 2023 and the period June 10, 2022 (date of inception) to September 30, 2022: Net Net Change in Beginning Purchases Net Sales Accrued Realized Unrealized Transfers Transfers Ending Balance at and In-Kind and Discounts/ Gain/ Appreciation/ into out of Balance at 12/31/2022 Drawdowns (1) Contributions Paydowns (2) (Premiums) (Loss) (Depreciation) Level 3 Level 3 9/30/23 Term Loans First Lien Secured $ 22,082 $ 18,195 $ 0 ($ 849 ) $ 115 ($ 3,758 ) $ 5,354 $ 0 ($ 6,930 ) $ 34,209 Term Loans Second Lien Secured 8,062 0 0 (5,945 ) 36 (13,930 ) 11,777 0 0 0 Term Loans Senior Unsecured 25,562 13,535 0 0 47 0 644 0 0 39,788 Common Stocks 0 359 0 0 0 0 (97 ) 0 0 262 Unlisted Warrants 0 2,491 0 0 0 0 0 0 0 2,491 Totals $ 55,706 $ 34,580 $ 0 ($ 6,794 ) $ 198 ($ 17,688 ) $ 17,678 $ 0 ($ 6,930 ) $ 76,750 (1) Purchases and Drawdowns may include securities received in corporate actions and restructurings. (2) Sales and Paydowns may include securities delivered in corporate actions and restructuring of investments. Net Net Change in Beginning Purchases Net Sales Accrued Realized Unrealized Transfers Transfers Ending Balance at and In-Kind and Discounts/ Gain/ Appreciation/ into out of Balance at 6/10/2022 Drawdowns Contributions Paydowns (Premiums) (Loss) (Depreciation) Level 3 Level 3 9/30/22 Term Loans First Lien Secured $ 0 $ 0 $ 31,354 ($ 54 ) $ 62 $ 1 ($ 947 ) $ 0 $ 0 $ 30,416 Term Loans Second Lien Secured 0 5,021 13,875 0 5 0 (1,916 ) 0 0 16,985 Term Loans Senior Unsecured 0 1,624 26,981 0 37 0 (352 ) 0 0 28,290 Totals $ 0 $ 6,645 $ 72,210 ($ 54 ) $ 104 $ 1 ($ 3,215 ) $ 0 $ 0 $ 75,691 The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 financial instruments. The tables are not intended to be all-inclusive Fair Value Valuation Unobservable Range Weighted Average (3) Term Loans $ 53,360 Discounted Cash Flow Discount Rate 11.53% – 16.97% 14.05% Term Loans 10,699 Third Party Vendor Broker Quote $96.00 $96.00 Senior Unsecured 9,938 Recent Transaction Purchase Price n/a n/a Common Stocks 262 Comparable Multiple Revenue Multiple 0.55x 0.55x Warrants 2,491 Comparable Multiple EBITDA Multiple 10.00x 10.00x Total Assets $ 76,750 Fair Value Valuation Unobservable Range Weighted Average (3) Term Loans $ 25,562 Discounted Cash Flow Discount Rate n/a 15.41% Term Loans 6,678 Proxy Pricing Base Price n/a $95.29 Term Loans 23,466 Third Party Vendor Broker Quote $37.50 – $95.50 $66.00 Total Assets $ 55,706 (3) Weighted average is calculated by weighing the significant unobservable input by the relative fair value of each investment in the category.

Commitments And Contingencies

Commitments And Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies	7. Commitments & Contingencies Commitments The Company may enter into commitments to fund investments. As of September 30, 2023, the Advisor believed that the Company had adequate financial resources to satisfy its unfunded commitments, if any. The amounts associated with unfunded commitments to provide funds to portfolio companies are not recorded in the Company’s Consolidated Statements of Assets and Liabilities. Since these commitments and the associated amounts may expire without being drawn upon, the total commitment amount does not necessarily represent a future cash requirement. As of September 30, 2023, the Company had the following outstanding commitments to fund investments in current portfolio companies (amounts in thousands): Portfolio Company Investment Type September 30, 2023 Integrity Marketing Acquisition, LLC Revolver $ 709 Integrity Marketing Acquisition, LLC Delayed Draw Term Loan $ 2,300 Contingencies In the normal course of business, the Company enters into contracts that provide a variety of general indemnifications. Any exposure to the Company under these arrangements could involve future claims that may be made against the Company. Currently, no such claims exist or are expected to arise and, accordingly, the Company has not accrued any liability in connection with such indemnifications. Litigation As of the issuance date of this report, the Company is not named as a defendant in any material litigation or arbitration proceedings and is not aware of any material litigation or claim pending or threatened against it.

Net Assets

Net Assets	9 Months Ended
	Sep. 30, 2023
Net Assets [Abstract]
Net Assets	8. Net Assets Equity Issuance The Company’s authorized stock consists of 250,000,000 Shares of common stock, par value $0.001 per share, and 1,000,000 shares of preferred stock, par value $0.001 per share. The Company did not hold a closing of the continuous Private Offering for the three month period or nine month period ended September 30, 2023. Distributions For the nine month period and three month period ended September 30, 2023, the Board declared the following distributions: On May 24, 2023, the Company paid a dividend of $0.12 per share to stockholders of record as of May 22, 2023. On August 24, 2023, the Company paid a dividend of $0.19 per share to stockholders of record as of August 22, 2023. Share Repurchase Program At the discretion of the Board, the Company may repurchase Shares (either by number of Shares or aggregate net asset value) as of such quarter end pursuant to a quarterly share repurchase program. Repurchases of Shares will be made at the current net offering price per Share on the date of such repurchase. In the event the amount of Shares tendered exceeds the repurchase offer amount, Shares will be repurchased on a pro rata basis. All unsatisfied repurchase requests must be resubmitted in the next quarterly tender offer, or upon the recommencement of the Share repurchase program, as applicable. For the three month period and nine month period ended September 30, 2023, no Share repurchase was offered or requested and no Shares were repurchased.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	9. Earnings Per Share The following tables set forth the computation of basic and diluted earnings (loss) per common share for the three month period ended September 30, 2023 and September 30, 2022, nine month period ended September 30, 2023 and June 10, 2022 (date of inception) to September 30, 2022: June 10, 2022 (date of Three Months Ended Nine Months Ended inception) to September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Net increase (decrease) in net assets resulting from operations $ (1,525 ) $ 384 $ 9,938 $ (516 ) Weighted average shares of common stock outstanding - basic and diluted 25,387,884 25,387,884 25,387,884 20,894,719 Earnings (loss) per common share (basic and diluted) $ (0.06 ) $ 0.02 $ 0.39 $ (0.02 )

Financial Highlights

Financial Highlights	9 Months Ended
	Sep. 30, 2023
Investment Company, Financial Highlights [Abstract]
Financial Highlights	10. Financial Highlights June 10, 2022 (date Nine Months Ended of inception) to September 30, 2023 September 30, 2022 Per share data: Net asset value, beginning of period $ 9.21 $ — Net investment income (loss) (1) 0.75 0.21 Net realized and unrealized gain (loss) on investment transactions (2) (0.36 ) (0.23 ) Net increase (decrease) in net assets from operations (1) 0.39 (0.02 ) Impact of issuance of common stock — 10.00 Distributions declared (1) (0.31 ) — Total increase (decrease) in net assets 0.08 9.98 Net asset value, end of period $ 9.29 $ 9.98 Shares Outstanding, end of period 25,387,884 25,387,884 Total Return (3) 4.26 % (0.20 )% Ratios / supplemental data Ratio of expenses to average net assets, gross of (4)(5) 1.97 % 2.27 % Ratio of expenses to average net assets, net of waivers (4)(5) 0.72 % 0.56 % Ratio of net investment income (loss) to average net (4)(5) 10.74 % 6.87 % Net Assets, end of period $ 235,933 $ 253,363 Weighted average shares outstanding 25,387,884 20,894,719 Total capital commitments, end of period $ 253,879 $ 253,879 Portfolio turnover rate (6) 10.30 % 0.35 % (1) Per share amounts are calculated based on the weighted average shares outstanding during the period. (2) Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value (“NAV”) per share for the period, and may not reconcile with the aggregate gains and losses in the Consolidated Statements of Operations due to share transactions during the period. (3) Total return is calculated as the change in NAV per share during the period, plus distributions per share, if any, divided by the NAV per share at the beginning of the period. Total return is for the period indicated and has not been annualized. (4) All expenses are annualized with the exception of organizational expenses. (5) Average net assets are computed using the average balance of net assets at the end of each month of the reporting period. (6) Not annualized.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	11. Subsequent Events Subsequent events after the Consolidated Statements of Assets and Liabilities date have been evaluated through the date the consolidated financial statements were issued. The Company has concluded that there are no events requiring adjustment or disclosure in the consolidated financial statements except as discussed below. On November 7, 2023, the Company’s board of directors declared a dividend of $0.14 per share which is payable on November 21, 2023 to stockholders of record as of November 17, 2023.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Accounting	Basis of Accounting The Company’s consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company is an investment company and accordingly follows the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 946, Financial Services – Investment Companies. These consolidated financial statements reflect adjustments that in the opinion of management are necessary for the fair statement of the financial position and results of operations for the periods presented herein. The functional and reporting currency for the Company is the U.S. dollar. The interim consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q S-X.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that may affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates.
Basis of Consolidation	Basis of Consolidation As provided under ASC Topic 946 and Regulation S-X,
Fair Value of Investments	Fair Value of Investments The Company applies fair value to all of its financial instruments in accordance with ASC Topic 820—Fair Value Measurement (“ASC Topic 820”). ASC Topic 820 defines fair value, establishes a framework used to measure fair value and requires disclosures for fair value measurements. In accordance with ASC Topic 820, the Company has categorized its financial instruments carried at fair value, based on the priority of the valuation technique, into a three-level fair value hierarchy. Fair value is a market-based measure considered from the perspective of the market participant who holds the financial instrument rather than an entity-specific measure. Therefore, when market assumptions are not readily available, the Company’s own assumptions are set to reflect those that management believes market participants would use in pricing the financial instrument at the measurement date.
Revenue Recognition	Revenue Recognition Securities transactions are recorded as of the trade date for financial reporting purposes. Securities purchased or sold on a when-issued or delayed-delivery basis may be settled 15 days or more after the trade date. Realized gains and losses from securities sold are recorded on the identified cost basis. Dividend income is recorded on the ex-dividend ex-dividend Investments are placed on non-accrual non-accrual Non-accrual Interest income and interest expense are recognized on an accrual basis. Interest income on debt instruments is accrued and recognized for those issuers who are currently paying in full or expected to pay in full. For those issuers who are in default or expected to default, interest is not accrued and is only recognized when received or applied to principal depending upon management’s judgement. Interest income and expense include discounts accreted and premiums amortized on certain debt instruments as determined in good faith by the Company and calculated using the effective interest method. Loan origination fees, original issue discounts and market discounts or premiums are capitalized as part of the underlying cost of the investments and accreted or amortized over the life of the investment as interest income. Paydown gains and losses on investments in debt instruments are reported in Interest income on the Consolidated Statements of Operations. The Company records dividend income from private securities pursuant to the terms of the respective investments. The Company may earn various fees during the life of the loans. Such fees include, but are not limited to, syndication, commitment, administration, prepayment and amendment fees, some of which are paid to the Company on an ongoing basis. These fees and any other income are recognized as earned as a component of Other income, if applicable, on the Consolidated Statements of Operations. Certain commitment fees are deferred and included in Other Liabilities on the Consolidated Statement of Assets and Liabilities. The commitment fees are amortized over the life of the investment as other income.
Deferred Financing Fees	Deferred Financing Fees Deferred financing fees represent fees and other direct incremental costs incurred in connection with the Company’s borrowings. As of September 30, 2023 and December 31, 2022, the Company had deferred financing costs of $2,353 and $0, respectively (amount in thousands). These amounts are amortized and included in interest expense in the Consolidated Statements of Operations over the life of the borrowings.
Payment In-Kind Interest	Payment In-Kind The Company may have investments that contain Payment-In-Kind in-kind
Organizational Costs	Organizational Costs Organizational costs to establish the Company are charged to expense as incurred. These expenses consist primarily of legal fees and other costs of organizing the Company. The Advisor may elect to pay certain organizational costs of the Company on the Company’s behalf and for which the Company reimburses the Advisor. If the Company is dissolved prior to the full reimbursement of the organizational costs, the Advisor shall not seek reimbursement of any remaining amounts upon dissolution. The Company has entered into an Expense Support and Conditional Reimbursement Agreement (the “Expense Reimbursement Agreement”) with the Advisor pursuant to which the Advisor may elect to pay certain expenses on the Company’s behalf and the Company may be required to repay the Advisor from its excess operating funds until such time as all expenses made by the Advisor on behalf of the Company within three years have been reimbursed. These expenses consist primarily of legal fees and other costs of organizing the Company. As of September 30, 2023 and December 31, 2022, $703 and $1,004, respectively (amounts in thousands), were recoverable by the Advisor for organizational expenses
Offering Costs	Offering Costs Offering costs in connection with the offering of common stock of the Company are capitalized as a deferred charge and amortized to expense on a straight-line basis over 12 months from the commencement of operations. The Advisor may elect to pay certain offering costs of the Company on the Company’s behalf and for which the Company may reimburse the Advisor pursuant to the Expense Reimbursement Agreement between the Company and Advisor. If the Company is dissolved prior to the full reimbursement of the offering costs, the Advisor shall not seek reimbursement of any remaining amounts upon dissolution. As of September 30, 2023 and December 31, 2022, there were $0 and $10, respectively (amounts in thousands), recoverable by the Advisor for offering costs paid on the Company’s behalf and were recorded as “Deferred offering costs” on the Consolidated Statements of Assets and Liabilities.
Other Expenses	Other Expenses All costs associated with consummated investments are included in the cost of such investments. Broken deal expenses incurred in connection with investment transactions which are not successfully consummated are expensed as a component of Other expenses on the Consolidated Statements of Operations. In addition, valuation, insurance, filing, research, consulting, subscriptions, directors’ out-of-pocket expenses and other costs, are included as components of Other expenses on the Consolidated Statements of Operations and Other payables on the Statement of Assets and Liabilities.
Legal Expense	Legal Expense Legal expenses are related to ongoing reviews of and legal advice on filings, board materials and financing facility and regulatory matters of the Company. These expenses are included as Legal expenses on the Consolidated Statement of Operations and Legal expenses payable on the Consolidated Statement of Assets and Liabilities.
Cash and Foreign Currency	Cash and Foreign Currency Cash is comprised of cash at the custodian bank. The consolidated financial statements of the Company are presented using the currency of the primary economic environment in which it operates. The functional and reporting currency for the Company is the U.S. dollar.
Income Taxes	Income Taxes The Company has elected, as of August 1, 2022, to be treated as a RIC under the Code and intends each year to qualify and be eligible to be treated as such, so that it generally will not be subject to U.S. federal income tax on its net investment income or net short-term or long-term capital gains, that are distributed (or deemed distributed, as described below) to stockholders. In order to qualify and be eligible for such treatment, the Company must meet certain asset diversification tests, derive at least 90% of its gross income for such year from certain types of qualifying income, and distribute to its stockholders at least 90% of its “investment company taxable income” as that term is defined in the Code (which includes, among other things, dividends, taxable interest and the excess of any net short-term capital gains over net long-term capital losses, as reduced by certain deductible expenses). The Company’s investment strategy will potentially be limited by its intention to continue qualifying for treatment as a RIC and can limit the Company’s ability to continue qualifying as such. The tax treatment of certain of the Company’s investments under one or more of the qualification or distribution tests applicable to RICs is uncertain. An adverse determination or future guidance by the IRS or a change in law might affect the Company’s ability to qualify or be eligible for such treatment. If, in any year, the Company were to fail to qualify for treatment as a RIC under the Code and were ineligible to or did not otherwise cure such failure, the Company would be subject to tax on its taxable income at corporate rates and, when such income is distributed, stockholders would be subject to further tax on such distributions to the extent of the Company’s current or accumulated earnings and profits. The Company accounts for income taxes in conformity with ASC Topic 740—Income Taxes (“ASC Topic 740”). ASC Topic 740 provides guidelines for how uncertain tax positions should be recognized, measured, presented and disclosed in financial statements. ASC Topic 740 requires the evaluation of tax positions taken in the course of preparing the Company’s tax returns to determine whether the tax positions are “more-likely-than-not” more-likely-than-not
Distributions	Distributions Income distributions and capital gain distributions are determined in accordance with income tax regulations which may differ from U.S. GAAP. Differences between tax regulations and U.S. GAAP may cause timing differences between income and capital gain recognition. Further, the character of investment income and capital gains may be different for certain transactions under the two methods of accounting. As a result, income distributions and capital gain distributions declared during a fiscal period may differ significantly from the net investment income (loss) and realized gains (losses) reported on the Company’s financial statements presented under U.S. GAAP. The Company has adopted an “opt out” distribution reinvestment plan (“DRIP”). As a result, unless stockholders elect to “opt out” of the DRIP, stockholders will have their cash dividends or distributions automatically reinvested in additional Shares, rather than receiving cash. Shareholders who receive distributions in the form of Shares will generally be subject to the same U.S. federal, state and local tax consequences as if they received cash distributions; however, those stockholders will not receive cash with which to pay any applicable taxes.
New Accounting Pronouncement	New Accounting Pronouncement In March 2020, the FASB issued Accounting Standards Update (“ASU”), ASU 2020-04, 2020-04 2022-06, 2020-04

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2023
Schedule of Investments [Abstract]
Summary of Investments at Fair Value and Cost	Investments at fair value and cost consisted of the following as of September 30, 2023 and December 31, 2022: September 30, 2023 December 31, 2022 (Amounts in thousands) Cost Fair Value Cost Fair Value First Lien Secured $ 137,957 $ 137,221 $ 143,434 $ 132,532 Second Lien Secured 2,875 2,831 23,905 11,715 Senior Unsecured 42,084 39,788 28,502 25,562 Corporate Bonds 28,227 28,816 28,146 27,743 Common Stocks 359 262 — — Warrants 2,491 2,491 — — Short-Term Investments 19,192 19,195 32,640 32,650 Total investments $ 233,185 $ 230,604 $ 256,627 $ 230,202
Summary of Industry Composition of Investments as a Percentage of Total Investments Based on Fair Value	The industry composition of investments as a percentage of total investments based on fair value as of September 30, 2023 and December 31, 2022 was as follows: September 30, December 31, Automotive 12.5 % 12.1 % Aviation Services — 0.5 % Broadcasting 3.0 % 2.9 % Brokerage 3.0 % 2.9 % Building Materials — 1.9 % Consumer Service 12.9 % 11.1 % Entertainment 7.6 % 7.5 % Food and Beverage — 2.6 % Gaming — 1.9 % Healthcare 3.4 % 3.1 % Insurance Life 3.0 % — Packaging 3.0 % 2.9 % Pharmaceuticals 2.1 % 2.0 % Retailers 8.2 % 11.5 % Technology 24.7 % 20.0 % Treasury Bills 8.3 % 14.2 % IT Services 5.3 % — Wireless 3.0 % 2.9 % Total 100.0 % 100.0 %

Fair Value Disclosures (Tables)

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair value, investments, entities that calculate net asset value per share	The following tables summarize the fair value of the Company’s investments as of September 30, 2023 and December 31, 2022 (amounts in thousands): September 30, 2023 Assets Level 1 Level 2 Level 3 Total First Lien Secured $ — $ 103,012 $ 34,209 $ 137,221 Second Lien Secured — 2,831 — 2,831 Senior Unsecured — — 39,788 39,788 Corporate Bonds — 28,816 — 28,816 Common Stocks — — 262 262 Warrants — — 2,491 2,491 Short-Term Investments — 19,195 — 19,195 Total assets $ — $ 153,854 $ 76,750 $ 230,604 December 31, 2022 Assets Level 1 Level 2 Level 3 Total First Lien Secured $ — $ 110,450 $ 22,082 $ 132,532 Second Lien Secured — 3,653 8,062 11,715 Senior Unsecured — — 25,562 25,562 Corporate Bonds — 27,743 — 27,743 Short-Term Investments — 32,650 — 32,650 Total assets $ — $ 174,496 $ 55,706 $ 230,202
Fair value, assets measured on recurring basis, unobservable input reconciliation	The below tables present a summary of changes in fair value of Level 3 assets by investment type (amounts in thousands) for the nine months ended September 30, 2023 and the period June 10, 2022 (date of inception) to September 30, 2022: Net Net Change in Beginning Purchases Net Sales Accrued Realized Unrealized Transfers Transfers Ending Balance at and In-Kind and Discounts/ Gain/ Appreciation/ into out of Balance at 12/31/2022 Drawdowns (1) Contributions Paydowns (2) (Premiums) (Loss) (Depreciation) Level 3 Level 3 9/30/23 Term Loans First Lien Secured $ 22,082 $ 18,195 $ 0 ($ 849 ) $ 115 ($ 3,758 ) $ 5,354 $ 0 ($ 6,930 ) $ 34,209 Term Loans Second Lien Secured 8,062 0 0 (5,945 ) 36 (13,930 ) 11,777 0 0 0 Term Loans Senior Unsecured 25,562 13,535 0 0 47 0 644 0 0 39,788 Common Stocks 0 359 0 0 0 0 (97 ) 0 0 262 Unlisted Warrants 0 2,491 0 0 0 0 0 0 0 2,491 Totals $ 55,706 $ 34,580 $ 0 ($ 6,794 ) $ 198 ($ 17,688 ) $ 17,678 $ 0 ($ 6,930 ) $ 76,750 (1) Purchases and Drawdowns may include securities received in corporate actions and restructurings. (2) Sales and Paydowns may include securities delivered in corporate actions and restructuring of investments. Net Net Change in Beginning Purchases Net Sales Accrued Realized Unrealized Transfers Transfers Ending Balance at and In-Kind and Discounts/ Gain/ Appreciation/ into out of Balance at 6/10/2022 Drawdowns Contributions Paydowns (Premiums) (Loss) (Depreciation) Level 3 Level 3 9/30/22 Term Loans First Lien Secured $ 0 $ 0 $ 31,354 ($ 54 ) $ 62 $ 1 ($ 947 ) $ 0 $ 0 $ 30,416 Term Loans Second Lien Secured 0 5,021 13,875 0 5 0 (1,916 ) 0 0 16,985 Term Loans Senior Unsecured 0 1,624 26,981 0 37 0 (352 ) 0 0 28,290 Totals $ 0 $ 6,645 $ 72,210 ($ 54 ) $ 104 $ 1 ($ 3,215 ) $ 0 $ 0 $ 75,691
Disclosure in tabular form of significant unobservable inputs used in measuring fair value of investments	The following tables present quantitative information about the significant unobservable inputs of the Company’s Level 3 financial instruments. The tables are not intended to be all-inclusive Fair Value Valuation Unobservable Range Weighted Average (3) Term Loans $ 53,360 Discounted Cash Flow Discount Rate 11.53% – 16.97% 14.05% Term Loans 10,699 Third Party Vendor Broker Quote $96.00 $96.00 Senior Unsecured 9,938 Recent Transaction Purchase Price n/a n/a Common Stocks 262 Comparable Multiple Revenue Multiple 0.55x 0.55x Warrants 2,491 Comparable Multiple EBITDA Multiple 10.00x 10.00x Total Assets $ 76,750 Fair Value Valuation Unobservable Range Weighted Average (3) Term Loans $ 25,562 Discounted Cash Flow Discount Rate n/a 15.41% Term Loans 6,678 Proxy Pricing Base Price n/a $95.29 Term Loans 23,466 Third Party Vendor Broker Quote $37.50 – $95.50 $66.00 Total Assets $ 55,706 (3) Weighted average is calculated by weighing the significant unobservable input by the relative fair value of each investment in the category.

Commitments And Contingencies (

Commitments And Contingencies (Tables)	9 Months Ended
	Sep. 30, 2023
Other Commitments [Abstract]
Summary of outstanding commitments to fund investments	As of September 30, 2023, the Company had the following outstanding commitments to fund investments in current portfolio companies (amounts in thousands): Portfolio Company Investment Type September 30, 2023 Integrity Marketing Acquisition, LLC Revolver $ 709 Integrity Marketing Acquisition, LLC Delayed Draw Term Loan $ 2,300

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Summary of of basic and diluted earnings (loss) per common share	The following tables set forth the computation of basic and diluted earnings (loss) per common share for the three month period ended September 30, 2023 and September 30, 2022, nine month period ended September 30, 2023 and June 10, 2022 (date of inception) to September 30, 2022: June 10, 2022 (date of Three Months Ended Nine Months Ended inception) to September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Net increase (decrease) in net assets resulting from operations $ (1,525 ) $ 384 $ 9,938 $ (516 ) Weighted average shares of common stock outstanding - basic and diluted 25,387,884 25,387,884 25,387,884 20,894,719 Earnings (loss) per common share (basic and diluted) $ (0.06 ) $ 0.02 $ 0.39 $ (0.02 )

Financial Highlights (Tables)

Financial Highlights (Tables)	9 Months Ended
	Sep. 30, 2023
Investment Company, Financial Highlights [Abstract]
Schedule Of Financial Highlights	June 10, 2022 (date Nine Months Ended of inception) to September 30, 2023 September 30, 2022 Per share data: Net asset value, beginning of period $ 9.21 $ — Net investment income (loss) (1) 0.75 0.21 Net realized and unrealized gain (loss) on investment transactions (2) (0.36 ) (0.23 ) Net increase (decrease) in net assets from operations (1) 0.39 (0.02 ) Impact of issuance of common stock — 10.00 Distributions declared (1) (0.31 ) — Total increase (decrease) in net assets 0.08 9.98 Net asset value, end of period $ 9.29 $ 9.98 Shares Outstanding, end of period 25,387,884 25,387,884 Total Return (3) 4.26 % (0.20 )% Ratios / supplemental data Ratio of expenses to average net assets, gross of (4)(5) 1.97 % 2.27 % Ratio of expenses to average net assets, net of waivers (4)(5) 0.72 % 0.56 % Ratio of net investment income (loss) to average net (4)(5) 10.74 % 6.87 % Net Assets, end of period $ 235,933 $ 253,363 Weighted average shares outstanding 25,387,884 20,894,719 Total capital commitments, end of period $ 253,879 $ 253,879 Portfolio turnover rate (6) 10.30 % 0.35 % (1) Per share amounts are calculated based on the weighted average shares outstanding during the period. (2) Realized and unrealized gains and losses per share in this caption are balancing amounts necessary to reconcile the change in net asset value (“NAV”) per share for the period, and may not reconcile with the aggregate gains and losses in the Consolidated Statements of Operations due to share transactions during the period. (3) Total return is calculated as the change in NAV per share during the period, plus distributions per share, if any, divided by the NAV per share at the beginning of the period. Total return is for the period indicated and has not been annualized. (4) All expenses are annualized with the exception of organizational expenses. (5) Average net assets are computed using the average balance of net assets at the end of each month of the reporting period. (6) Not annualized.

Organization - Additional Infor

Organization - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands		4 Months Ended	7 Months Ended	9 Months Ended
	Jun. 30, 2022	Sep. 30, 2022	Dec. 31, 2022	Sep. 30, 2023	Jun. 10, 2022
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from issuance of common stock		$ 110,015
Common stock par value			$ 0.001	$ 0.001
Number of new stock issued during the period.		25,387,884
Aggregate purchase price		$ 253,879
Capital commitments				$ 253,879
Unfunded capital commitments percentage				0%
PIMCO Entities [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Proceeds from issuance of common stock			$ 15
Common stock par value					$ 0.001
Non-cash additional assets contributed by related party fair value	$ 143,864
Non-cash additional assets contributed by related party unrealized loss	$ 6,588
Number of new stock issued during the period.				25,387,884
Aggregate purchase price				$ 253,879
Privately Negotiated Loans and Equity Investments [Member]
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Minimum aggregate revenue				20,000
Maximum earnings before interest taxes depreciation and amortization				$ 50,000

Significant Accounting Polici_3

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Accounting Policies [Line Items]
Deferred offering costs	$ 0	$ 10
Regulated investment company qualification description	least 90% of its gross income for such year from certain types of qualifying income, and distribute to its stockholders at least 90% of its “investment company taxable income” as that term is defined in the Code (which includes, among other things, dividends, taxable interest and the excess of any net short-term capital gains over net long-term capital losses, as reduced by certain deductible expenses).
Deferred Financing Fees	$ 2,353	0
Advisor [Member]
Accounting Policies [Line Items]
Deferred offering costs	0	10
Advisor [Member] | Organizational costs [Member]
Accounting Policies [Line Items]
Accounts payable to related parties	$ 703	$ 1,004
Accounts Payable, Related Party, Type [Extensible Enumeration]	Related Party [Member]	Related Party [Member]

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		4 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Related Party Transaction [Line Items]
Investment company organization cost waiver	$ 0	$ 438	$ 950	$ 0
Due to affiliate	185			185
Related Party [Member]
Related Party Transaction [Line Items]
Due from affiliates	0			0	$ 2
Due to affiliate	$ 0			$ 0	435
Advisory Agreement [Member]
Related Party Transaction [Line Items]
Percentage of base management fee						1.25%
Investment company management fee waiver	100%	100%	100%	100%
Advisory Agreement [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Related party costs	$ 753	$ 798	$ 806	$ 2,233
Administration Agreement [Member]
Related Party Transaction [Line Items]
Investment company administrator fee to net assets	0.15%			0.15%
Administration Agreement [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Related party costs	$ 90	$ 97	$ 97	$ 268
Directors fee [Member] | Related Party [Member]
Related Party Transaction [Line Items]
Related party costs				$ 131	$ 192

Borrowings - Addtional Informat

Borrowings - Addtional Information (Detail) - USD ($) $ in Thousands			3 Months Ended		4 Months Ended	9 Months Ended
	Jun. 30, 2023	Jun. 19, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Short-Term Debt [Line Items]
Maximum amount borrowed under the credit facility		$ 150,000
Date the credit facility terminates		Jun. 19, 2032
Line of Credit [Member]
Short-Term Debt [Line Items]
Permitted borrowings over asset coverage ratio percentage		150%
Line of credit			$ 0			$ 0	$ 0
Line of credit facility, unused capacity, commitment fee percentage		40%
Line Of credit facility servicer fee percentage		0.03%
Line of credit facility aggregate collateral custodian fee		$ 5
Line of credit facility aggregate agent fee		25
Payment of upfront fees and incurred legal expenses	$ 2,423
Interest expense			63	$ 0	$ 0	70
Interest expense, debt, excluding amortization			$ 63	$ 0	$ 0	$ 70
Line of credit intial rating fee payable		175
Line of credit annual fee payable thereafter		$ 45
Line of Credit [Member] | Prior to June 19, 2024 [Member]
Short-Term Debt [Line Items]
Line of credit facility, maximum usage amount percentage		0%
Line of Credit [Member] | Post June 19, 2024 [Member]
Short-Term Debt [Line Items]
Line of credit facility, maximum usage amount percentage		70%
Line of Credit [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Short-Term Debt [Line Items]
Debt instrument, basis spread on variable rate		2.85%
Line of Credit [Member] | Base Rate [Member]
Short-Term Debt [Line Items]
Debt instrument, basis spread on variable rate		1.85%
Description of reference rate used for variable rate of debt instrument		(a) the Prime Rate in effect on such day; and (b) the Federal Funds Rate in effect on such day plus 0.5% per annum.

Investments - Summary of Invest

Investments - Summary of Investments at Fair Value and Cost (Detail) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost	[1]	$ 233,185	$ 256,627	[2]
Fair Value	[1]	230,604	230,202	[2]
First Lien Secured Investments [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		137,957	143,434
Fair Value		137,221	132,532
Second Lien Secured Investments [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		2,875	23,905
Fair Value		2,831	11,715
Senior Unsecured Notes [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		42,084	28,502
Fair Value		39,788	25,562
Corporate Bond Securities [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		28,227	28,146
Fair Value		28,816	27,743
Common Stocks [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		359	0
Fair Value		262	0
Warrants [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		2,491	0
Fair Value		2,491	0
Short-Term Investments [Member]
Disclosure In Tabular Form Of Investments Held At Fair Value And Cost [Line Items]
Cost		19,192	32,640
Fair Value		$ 19,195	$ 32,650
[1]All investments are U.S. domiciled.[2]All debt investments are income-producing, unless otherwise noted.

Investments - Summary of Indust

Investments - Summary of Industry Composition of Investments as a Percentage of Total Investments Based on Fair Value (Detail)	Sep. 30, 2023	Dec. 31, 2022
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	100%	100%
Automotive Industry [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	12.50%	12.10%
Aviation Services [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	0%	0.50%
Broadcasting [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3%	2.90%
Brokerage [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3%	2.90%
Building Materials [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	0%	1.90%
Consumer Service [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	12.90%	11.10%
Entertainment [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	7.60%	7.50%
Food and Beverage [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	0%	2.60%
Gaming [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	0%	1.90%
Healthcare Sector [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3.40%	3.10%
Insurance Life [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3%	0%
Packaging [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3%	2.90%
Pharmaceuticals [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	2.10%	2%
Retailers [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	8.20%	11.50%
Technology Sector [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	24.70%	20%
Treasury Bills [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	8.30%	14.20%
IT Serives [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	5.30%	0%
Wireless [Member]
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	3%	2.90%

Investments - Summary of Indu_2

Investments - Summary of Industry Composition of Investments as a Percentage of Total Investments Based on Fair Value (Parenthetical) (Detail)	Sep. 30, 2023	Dec. 31, 2022
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	100%	100%
US
Disclosure In Tabular Form Of Composition Of Investments Industry Wise [Line Items]
Percentage Of Investments	100%	100%

Investments - Additional Inform

Investments - Additional Information (Detail)	Sep. 30, 2023
Schedule of Investments [Abstract]
Non controlled investments percentage of total outstanding securities minimum threshold affiliated companies	5%
Controlled investments percentage of total outstanding securities minimum threshold	25%

Fair Value Measurement - Summar

Fair Value Measurement - Summary Of Fair Value, Investments, Entities That Calculate Net Asset Value Per Share (Detail) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022
Schedule of Investments [Line Items]
Investment owned, at fair value	[1]	$ 230,604	$ 230,202	[2]
First lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		137,221	132,532
Second lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		2,831	11,715
Senior unsecured notes [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		39,788	25,562
Corporate bond securities [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		28,816	27,743
Common Stock [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		262	0
Warrant [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		2,491	0
Short-term investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		19,195	32,650
Fair Value, Inputs, Level 1 [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | First lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | Second lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | Senior unsecured notes [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | Corporate bond securities [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 1 [Member] | Common Stock [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0
Fair Value, Inputs, Level 1 [Member] | Warrant [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0
Fair Value, Inputs, Level 1 [Member] | Short-term investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 2 [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		153,854	174,496
Fair Value, Inputs, Level 2 [Member] | First lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		103,012	110,450
Fair Value, Inputs, Level 2 [Member] | Second lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		2,831	3,653
Fair Value, Inputs, Level 2 [Member] | Senior unsecured notes [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 2 [Member] | Corporate bond securities [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		28,816	27,743
Fair Value, Inputs, Level 2 [Member] | Common Stock [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0
Fair Value, Inputs, Level 2 [Member] | Warrant [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0
Fair Value, Inputs, Level 2 [Member] | Short-term investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		19,195	32,650
Fair Value, Inputs, Level 3 [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		76,750	55,706
Fair Value, Inputs, Level 3 [Member] | First lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		34,209	22,082
Fair Value, Inputs, Level 3 [Member] | Second lien secured investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	8,062
Fair Value, Inputs, Level 3 [Member] | Senior unsecured notes [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		39,788	25,562
Fair Value, Inputs, Level 3 [Member] | Corporate bond securities [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		0	0
Fair Value, Inputs, Level 3 [Member] | Common Stock [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		262
Fair Value, Inputs, Level 3 [Member] | Warrant [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		2,491
Fair Value, Inputs, Level 3 [Member] | Short-term investments [Member]
Schedule of Investments [Line Items]
Investment owned, at fair value		$ 0	$ 0
[1]All investments are U.S. domiciled.[2]All debt investments are income-producing, unless otherwise noted.

Fair Value Measurement - Summ_2

Fair Value Measurement - Summary Of Fair Value Assets Measured On Recurring Basis Unobservable Input Reconciliation (Detail) - USD ($) $ in Thousands		3 Months Ended		4 Months Ended	9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Realized gain (loss)		$ (15,073)	$ (22)	$ (22)	$ (32,995)
Net Change in Unrealized Appreciation/ (Depreciation)		7,109	(3,835)	(4,878)	23,844
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance				0	55,706
Net Purchases and Drawdowns				6,645	34,580	[1]
In-Kind Contributions				72,210	0
Net Sales and Paydowns				(54)	(6,794)	[2]
Accrued Discounts/ (Premiums)				104	198
Realized gain (loss)				1	(17,688)
Net Change in Unrealized Appreciation/ (Depreciation)				(3,215)	17,678
Transfers into Level 3				0	0
Tranfers out of Level 3				0	(6,930)
Ending balance		76,750	75,691	75,691	76,750
Investments term loans first lien secured [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance				0	22,082
Net Purchases and Drawdowns				0	18,195	[1]
In-Kind Contributions				31,354	0
Net Sales and Paydowns				(54)	(849)	[2]
Accrued Discounts/ (Premiums)				62	115
Realized gain (loss)				1	(3,758)
Net Change in Unrealized Appreciation/ (Depreciation)				(947)	5,354
Transfers into Level 3				0	0
Tranfers out of Level 3				0	(6,930)
Ending balance		34,209	30,416	30,416	34,209
Investments term loans second lien secured [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance				0	8,062
Net Purchases and Drawdowns				5,021	0	[1]
In-Kind Contributions				13,875	0
Net Sales and Paydowns				0	(5,945)	[2]
Accrued Discounts/ (Premiums)				5	36
Realized gain (loss)				0	(13,930)
Net Change in Unrealized Appreciation/ (Depreciation)				(1,916)	11,777
Transfers into Level 3				0	0
Tranfers out of Level 3				0	0
Ending balance		0	16,985	16,985	0
Investments term loans senior secured [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance				0	25,562
Net Purchases and Drawdowns				1,624	13,535	[1]
In-Kind Contributions				26,981	0
Net Sales and Paydowns				0	0	[2]
Accrued Discounts/ (Premiums)				37	47
Realized gain (loss)				0	0
Net Change in Unrealized Appreciation/ (Depreciation)				(352)	644
Transfers into Level 3				0	0
Tranfers out of Level 3				0	0
Ending balance		39,788	$ 28,290	$ 28,290	39,788
Common Stock [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance					0
Net Purchases and Drawdowns	[1]				359
In-Kind Contributions					0
Net Sales and Paydowns	[2]				0
Accrued Discounts/ (Premiums)					0
Realized gain (loss)					0
Net Change in Unrealized Appreciation/ (Depreciation)					(97)
Transfers into Level 3					0
Tranfers out of Level 3					0
Ending balance		262			262
Warrant [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance					0
Net Purchases and Drawdowns	[1]				2,491
In-Kind Contributions					0
Net Sales and Paydowns	[2]				0
Accrued Discounts/ (Premiums)					0
Realized gain (loss)					0
Net Change in Unrealized Appreciation/ (Depreciation)					0
Transfers into Level 3					0
Tranfers out of Level 3					0
Ending balance		$ 2,491			$ 2,491
[1]Purchases and Drawdowns may include securities received in corporate actions and restructurings.[2]Sales and Paydowns may include securities delivered in corporate actions and restructuring of investments.

Fair Value Measurement - Summ_3

Fair Value Measurement - Summary Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments (Detail) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2023	Dec. 31, 2022
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 230,604	$ 230,202
Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		76,750	55,706
Measurement Input, Discount Rate [Member] | Valuation technique, discounted cash flow [Member] | Term Loans One [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 53,360	$ 25,562
Valuation techniques		Discounted Cash Flow	Discounted Cash Flow
Unobservable Input		Discount Rate	Discount Rate
Significant unobservable input used in the valuation of investment	[1]	14.05	15.41
Measurement Input, Discount Rate [Member] | Valuation technique, discounted cash flow [Member] | Term Loans One [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Significant unobservable input used in the valuation of investment		16.97
Measurement Input, Discount Rate [Member] | Valuation technique, discounted cash flow [Member] | Term Loans One [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Significant unobservable input used in the valuation of investment		11.53
Measurement input price [Member] | Proxy Pricing [Member] | Term Loans Two [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures			$ 6,678
Valuation techniques			Proxy Pricing
Unobservable Input			Base Price
Significant unobservable input used in the valuation of investment	[1]		95.29
Measurement input broker quote [Member] | Third party vendor [Member] | Term Loans Two [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 10,699
Valuation techniques		Third Party Vendor
Unobservable Input		Broker Quote
Significant unobservable input used in the valuation of investment	[1]	96.00
Measurement input broker quote [Member] | Third party vendor [Member] | Term Loans Three [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures			$ 23,466
Valuation techniques			Third Party Vendor
Unobservable Input			Broker Quote
Significant unobservable input used in the valuation of investment	[1]		66.00
Measurement input broker quote [Member] | Third party vendor [Member] | Term Loans Three [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Significant unobservable input used in the valuation of investment			95.50
Measurement input broker quote [Member] | Third party vendor [Member] | Term Loans Three [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Significant unobservable input used in the valuation of investment			37.50
Measurement Input Purchase Price [Member] | Valuation, Recent Transaction [Member] | Senior Unsecured [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 9,938
Valuation techniques		Recent Transaction
Unobservable Input		Purchase Price
Measurement Input, Revenue Multiple [Member] | Valuation Comparable Multiple [Member] | Common Stocks [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 262
Valuation techniques		Comparable Multiple
Unobservable Input		Revenue Multiple
Significant unobservable input used in the valuation of investment	[1]	0.55
Measurement Input, EBITDA Multiple [Member] | Valuation Comparable Multiple [Member] | Warrants [Member] | Fair Value, Inputs, Level 3 [Member]
Disclosure In Tabular Form Of Significant Unobservable Inputs Used In Measuring Fair Value Of Investments [Line Items]
Fair value disclosures		$ 2,491
Valuation techniques		Comparable Multiple
Unobservable Input		EBITDA Multiple
Significant unobservable input used in the valuation of investment	[1]	10.00
[1]Weighted average is calculated by weighing the significant unobservable input by the relative fair value of each investment in the category.

Commitments And Contingencies -

Commitments And Contingencies - Summary Of Outstanding Commitments To Fund Investments (Detail) $ in Thousands	Sep. 30, 2023 USD ($)
Other Commitments [Line Items]
Capital commitments	$ 253,879
Integrity Marketing Acquisition, LLC [Member] | Revolver [Member]
Other Commitments [Line Items]
Capital commitments	709
Integrity Marketing Acquisition, LLC [Member] | Delayed Draw Term Loan [Member]
Other Commitments [Line Items]
Capital commitments	$ 2,300

Net Assets - Additional Informa

Net Assets - Additional Information (Detail) - $ / shares			3 Months Ended	4 Months Ended	9 Months Ended
	Aug. 24, 2023	May 24, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Dec. 31, 2022
Net Assets [Abstract]
Common stock, shares authorized			250,000,000		250,000,000	250,000,000
Common stock, par value | $ / shares			$ 0.001		$ 0.001	$ 0.001
Preferred stock, shares authorized			1,000,000		1,000,000
Preferred stock, par value | $ / shares			$ 0.001		$ 0.001
Number of shares repurchased during the period			0		0
Distributions declared	$ 0.19	$ 0.12		$ 0	$ 0.31

Earnings Per Share - Summary of

Earnings Per Share - Summary of of basic and diluted earnings (loss) per common share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		4 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023
Earnings Per Share [Abstract]
Net increase (decrease) in net assets resulting from operations	$ (1,525)	$ 384	$ (516)	$ 9,938
Weighted Average Number of Shares Outstanding, Basic	25,387,884	25,387,884	20,894,719	25,387,884
Weighted Average Number of Shares Outstanding, Diluted	25,387,884	25,387,884	20,894,719	25,387,884
Earnings Per Share, Basic	$ (0.06)	$ 0.02	$ (0.02)	$ 0.39
Earnings Per Share, Diluted	$ (0.06)	$ 0.02	$ (0.02)	$ 0.39

Financial Highlights - Schedule

Financial Highlights - Schedule Of Financial Highlights (Detail) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended		4 Months Ended	9 Months Ended
	Aug. 24, 2023	May 24, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2022	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Investment Company, Financial Highlights [Abstract]
Net asset value, beginning of period					$ 0	$ 9.21
Net investment income (loss)			$ 0.25	$ 0.17	0.21	0.75
Net realized and unrealized gain (loss) on investment transactions					(0.23)	(0.36)
Net increase (decrease) in net assets from operations					(0.02)	0.39
Impact of issuance of common stock					10	0
Distributions declared	$ (0.19)	$ (0.12)			0	(0.31)
Total increase (decrease) in net assets					9.98	0.08
Net asset value, end of period			$ 9.29	$ 9.98	$ 9.98	$ 9.29
Shares Outstanding, end of period			25,387,884	25,387,884	25,387,884	25,387,884
Total Return					(0.20%)	4.26%
Ratios / supplemental data
Ratio of expenses to average net assets, gross of waivers					2.27%	1.97%
Ratio of expenses to average net assets, net of waivers					0.56%	0.72%
Ratio of net investment income (loss) to average net assets					6.87%	10.74%
Net Assets, end of period			$ 235,933	$ 253,363	$ 253,363	$ 235,933	$ 242,258	$ 233,795	$ 252,979
Weighted average shares outstanding, Basic			25,387,884	25,387,884	20,894,719	25,387,884
Weighted average shares outstanding, Diluted			25,387,884	25,387,884	20,894,719	25,387,884
Total capital commitments, end of period					$ 253,879	$ 253,879
Portfolio turnover rate					0.35	10.3

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member]	Nov. 07, 2023 $ / shares
Subsequent Event [Line Items]
Dividend payable date declared	Nov. 07, 2023
Dividend payable amount per share	$ 0.14
Dividend payable date	Nov. 21, 2023
Dividends payable, date of record	Nov. 17, 2023