KKR Private Equity Conglomerate 10-K 25 Mar 24 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2023	Feb. 29, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2023
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	000-56540
Entity Registrant Name	KKR Private Equity Conglomerate LLC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	88-4368033
Entity Address, Address Line One	30 Hudson Yards,
Entity Address, City	New York,
Entity Address, State	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	750-8300
Title of 12(b) Security	None
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Documents Incorporated by Reference	None.
No Trading Symbol	true
Entity Public Float			$ 0
Entity Central Index Key	0001957845
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Class S Shares
Document Information [Line Items]
Title of 12(g) Security	Class S Shares
Class D Shares
Document Information [Line Items]
Title of 12(g) Security	Class D Shares
Class U Shares
Document Information [Line Items]
Title of 12(g) Security	Class U Shares
Class I Shares
Document Information [Line Items]
Title of 12(g) Security	Class I Shares
Entity Common Stock, Shares Outstanding		386
Class R-S Shares
Document Information [Line Items]
Title of 12(g) Security	Class R-S Shares
Class R-D Shares
Document Information [Line Items]
Title of 12(g) Security	Class R-D Shares
Entity Common Stock, Shares Outstanding		398,456
Class R-U Shares
Document Information [Line Items]
Title of 12(g) Security	Class R-U Shares
Entity Common Stock, Shares Outstanding		32,046,537
Class R-I Shares
Document Information [Line Items]
Title of 12(g) Security	Class R-I Shares
Entity Common Stock, Shares Outstanding		7,491,059
Class F Shares
Document Information [Line Items]
Title of 12(g) Security	Class F Shares
Entity Common Stock, Shares Outstanding		3,710
Class G Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		40
Class H Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		40

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2023
Audit Information [Abstract]
Auditor Name	Deloitte & Touche LLP
Auditor Firm ID	34
Auditor Location	San Francisco, CA

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Assets
Investments at fair value (cost of $703,790)	$ 713,610,000	$ 0
Cash and cash equivalents	18,007,000	1,000
Prepaids and other assets	243,000	0
Deferred offering costs	815,000	158,000
Due from Manager	$ 13,451,000	$ 3,635,000
Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration]	Manager	Manager
Dividends receivable	$ 307,000	$ 0
Unrealized appreciation on foreign currency forward contracts	103,000	0
Total assets	746,536,000	3,794,000
Liabilities
Line of Credit	19,200,000	0
Accrued performance participation allocation	1,508,000	0
Accrued shareholder servicing fees and distribution fees	40,309,000	0
Directors’ fees and expenses payable	137,000	0
Other accrued expenses and liabilities	2,133,000	0
Unrealized depreciation on foreign currency forward contracts	742,000	0
Due to Manager	$ 14,471,000	$ 0
Accounts Payable, Related Party, Type [Extensible Enumeration]	Manager	Manager
Organization costs payable	$ 0	$ 3,635,000
Offering costs payable	0	158,000
Total liabilities	78,500,000	3,793,000
Commitments and contingencies (Note 8)
Net assets	668,036,000	1,000
Class I Shares
Liabilities
Net assets	1,804,000	0
Class R-I Shares
Liabilities
Net assets	115,196,000	0
Class R-U Shares
Liabilities
Net assets	550,983,000	0
Class F Shares
Liabilities
Net assets	51,000	0
Class G Shares
Liabilities
Net assets	1,000	1,000
Class H Shares
Liabilities
Net assets	$ 1,000	$ 0

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments at cost	$ 703,790
Class I Shares
Common stock, shares authorized (in shares)	69,695
Common stock, shares issued (in shares)	69,695
Common stock, shares outstanding (in shares)	69,695
Class R-I Shares
Common stock, shares authorized (in shares)	4,452,158
Common stock, shares issued (in shares)	4,452,158
Common stock, shares outstanding (in shares)	4,452,158
Class R-U Shares
Common stock, shares authorized (in shares)	22,941,060
Common stock, shares issued (in shares)	22,941,060
Common stock, shares outstanding (in shares)	22,941,060
Class F Shares
Common stock, shares authorized (in shares)	1,967
Common stock, shares issued (in shares)	1,967
Common stock, shares outstanding (in shares)	1,967
Class G Shares
Common stock, shares authorized (in shares)	40	40
Common stock, shares issued (in shares)	40	40
Common stock, shares outstanding (in shares)	40	40
Class H Shares
Common stock, shares authorized (in shares)	40
Common stock, shares issued (in shares)	40
Common stock, shares outstanding (in shares)	40

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	1 Months Ended		12 Months Ended
	Dec. 31, 2022	[1]	Dec. 31, 2023
Investment income
Dividend income	$ 0		$ 4,148,000
Total investment income	0		4,148,000
Operating expenses
Organization costs	3,635,000		4,589,000
General and administrative	0		6,001,000
Directors’ fees and expenses	0		214,000
Deferred offering costs amortization	0		581,000
Management fee expense, net	0		459,000
Performance participation allocation	0		1,508,000
Interest expense	0		52,000
Total operating expenses	3,635,000		13,404,000
Less: Expenses reimbursed by Manager	(3,635,000)		(9,816,000)
Less: Interest expense waived by Manager	0		(52,000)
Net operating expenses	0		3,536,000
Net investment income before taxes	0		612,000
Provision for (benefit from) income taxes	0		0
Net investment income	0		612,000
Net change in unrealized appreciation (depreciation) on:
Investments	0		8,523,000
Foreign currency translation	0		1,297,000
Foreign currency forward contracts	0		(639,000)
Total net change in unrealized appreciation on investments, foreign currency translation and foreign currency forward contracts	0		9,181,000
Net increase in net assets resulting from operations	$ 0		$ 9,793,000
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Consolidated Statement of Chang

Consolidated Statement of Changes in Net Assets - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Dec. 31, 2022		Dec. 31, 2023
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			$ 1
Consideration from the issuance of shares			807,054
Repurchases of shares			(107,863)
Accrued shareholder servicing fees and distribution fees			(40,949)
Net investment income	$ 0	[1]	612
Net change in unrealized appreciation on investments	0	[1]	8,523
Net change in unrealized appreciation on foreign currency translation	0	[1]	1,297
Net change in unrealized depreciation on foreign currency forward contracts	0	[1]	(639)
Ending balance	1		668,036
Class I Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			1,775
Repurchases of shares			0
Net investment income			6
Net change in unrealized appreciation on investments			21
Net change in unrealized appreciation on foreign currency translation			3
Net change in unrealized depreciation on foreign currency forward contracts			(1)
Ending balance	0		1,804
Class R-I Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			113,974
Repurchases of shares			0
Net investment income			237
Net change in unrealized appreciation on investments			881
Net change in unrealized appreciation on foreign currency translation			268
Net change in unrealized depreciation on foreign currency forward contracts			(164)
Ending balance	0		115,196
Class R-U Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			583,390
Repurchases of shares			0
Accrued shareholder servicing fees and distribution fees			(40,949)
Net investment income			369
Net change in unrealized appreciation on investments			7,621
Net change in unrealized appreciation on foreign currency translation			1,026
Net change in unrealized depreciation on foreign currency forward contracts			(474)
Ending balance	0		550,983
Class E Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			107,863
Repurchases of shares			(107,863)
Ending balance	0		0
Class F Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			51
Repurchases of shares			0
Ending balance	0		51
Class G Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			1
Ending balance	1		1
Class H Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance			0
Consideration from the issuance of shares			1
Repurchases of shares			0
Ending balance	$ 0		$ 1
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Consolidated Statement of Cash

Consolidated Statement of Cash Flows $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Operating activities
Net increase in net assets from operations	$ 9,793
Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities:
Net change in unrealized appreciation on investments	(8,523)
Net change in unrealized appreciation on foreign currency translation	(1,297)
Net change in unrealized depreciation on foreign currency forward	639
Deferred offering costs amortization	581
Class F Shares issued as payment of directors’ fees and expenses	51
Acquisition of portfolio companies	(595,928)
Changes in operating assets and liabilities:
Increase in prepaids and other assets	(243)
Increase in deferred offering costs	(1,238)
Increase in due from Manager	(9,816)
Increase in dividends receivable	(307)
Increase in accrued performance participation allocation	1,508
Increase in other accrued expenses and liabilities	2,133
Increase in directors’ fees and expenses payable	137
Increase in due to Manager	13,832
Decrease in organization costs payable	(3,635)
Decrease in offering costs payable	(158)
Net cash used in operating activities	(592,471)
Financing activities
Proceeds from issuance of shares	699,140
Payment on repurchases of shares	(107,863)
Proceeds from Line of Credit	19,200
Net cash provided by financing activities	610,477
Net increase in cash and cash equivalents	18,006
Cash and cash equivalents, beginning of period	1
Cash and cash equivalents, end of period	18,007
Supplemental disclosure of cash flow information
Shares issued in exchange for interests in portfolio companies	$ 107,863

Condensed Consolidated Schedule

Condensed Consolidated Schedule of Investments € in Thousands	Dec. 31, 2023 USD ($)		Dec. 31, 2023 EUR (€)
Income Statement [Abstract]
Portfolio companies, cost	$ 703,790,000
Investments in money market funds, cost	18,007,000
Investments and cash equivalents, cost	721,797,000
Portfolio Companies, Estimated Fair Value	$ 713,610,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	106.80%		106.80%
Foreign Currency Forward Contracts, Estimated Fair Value	$ 103,000
Foreign Currency Forward Contracts, Estimated Fair Value	(742,000)
Total Foreign Currency Forward Contracts	$ (639,000)
Foreign Currency Forward Contracts, Estimated Fair Value as a Percentage of Net Assets	(0.10%)		(0.10%)
Investments in Money Market Funds, Estimated Fair Value	$ 18,007,000
Investments in Money Market Funds, Estimated Fair Value as a Percentage of Net Assets	2.70%		2.70%
Total Investments	$ 730,978,000
Total Investments, Estimated Fair Value as Percentage of Net Assets	109.40%		109.40%
Goldman Sachs
Notional | €			€ 35,700
Foreign Currency Forward Contracts, Estimated Fair Value	$ (652,000)
Foreign Currency Forward Contracts, Estimated Fair Value as a Percentage of Net Assets	(0.10%)		(0.10%)
Barclays Bank PLC
Notional | €			€ 32,900
Foreign Currency Forward Contracts, Estimated Fair Value	$ 103,000
Foreign Currency Forward Contracts, Estimated Fair Value as a Percentage of Net Assets	0%		0%
Nomura International plc
Notional | €			€ 1,700
Foreign Currency Forward Contracts, Estimated Fair Value	$ (90,000)
Foreign Currency Forward Contracts, Estimated Fair Value as a Percentage of Net Assets	0%		0%
Industrials
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	37.60%		37.60%
Health Care
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	28.70%		28.70%
Financials
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	28.60%		28.60%
Consumer Discretionary
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	5.10%		5.10%
Materials
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	4.60%		4.60%
Communication Services
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	1.90%		1.90%
Information Technology
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	0.30%		0.30%
CIRCOR International, Inc. | Industrials | Americas
Portfolio Companies, Estimated Fair Value	$ 132,500,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	19.80%		19.80%
Potter Electrical Signal Company, LLC | Industrials | Americas
Portfolio Companies, Estimated Fair Value	$ 85,500,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	12.80%		12.80%
Other investment in portfolio company | Industrials | Americas
Portfolio Companies, Estimated Fair Value	$ 33,660,000	[1]
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	5%	[1]	5%	[1]
Other investment in portfolio company | Health Care | Americas
Portfolio Companies, Estimated Fair Value	$ 1,770,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	0.30%		0.30%
Other investment in portfolio company | Health Care | EMEA
Portfolio Companies, Estimated Fair Value	$ 3,542,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	0.50%		0.50%
Other investment in portfolio company | Materials | Americas
Portfolio Companies, Estimated Fair Value	$ 30,400,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	4.60%		4.60%
Other investment in portfolio company | Communication Services | Americas
Portfolio Companies, Estimated Fair Value	$ 13,000,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	1.90%		1.90%
Other investment in portfolio company | Information Technology | Americas
Portfolio Companies, Estimated Fair Value	$ 1,900,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	0.30%		0.30%
PetVet Care Centers, LLC | Health Care | Americas
Portfolio Companies, Estimated Fair Value	$ 127,453,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	19.10%		19.10%
IVI Rma Global SL | Health Care | EMEA
Portfolio Companies, Estimated Fair Value	$ 58,877,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	8.80%		8.80%
USI Insurance Services LLC | Financials | Americas
Portfolio Companies, Estimated Fair Value	$ 142,500,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	21.30%		21.30%
April SAS | Financials | EMEA
Portfolio Companies, Estimated Fair Value	$ 48,508,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	7.30%		7.30%
Groundworks, LLC | Consumer Discretionary | Americas
Portfolio Companies, Estimated Fair Value	$ 34,000,000
Portfolio Companies, Estimated Fair Value as a Percentage of Net Assets	5.10%		5.10%
Morgan Stanley Institutional Liquidity Funds Government Portfolio
Investments in Money Market Funds, Estimated Fair Value	$ 18,007,000
Investments in Money Market Funds, Estimated Fair Value as a Percentage of Net Assets	2.70%		2.70%
[1]There were no single investments included in this category, which exceeded 5% of net assets.

Organization

Organization	12 Months Ended
	Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization KKR Private Equity Conglomerate LLC (“K-PEC” and the “Company”) was formed on December 6, 2022 as a limited liability company under the laws of the state of Delaware and the Company operates its business in a manner permitting it to be excluded from the definition of an “investment company” under the Investment Company Act of 1940, as amended. The Company is a holding company that primarily seeks to acquire, own and control portfolio companies with the objective of generating attractive risk-adjusted returns and achieving medium-to-long-term capital appreciation through joint ventures (“Joint Ventures”). The Company expects that its portfolio companies will operate principally in the following business lines: Business & Financial Services; Consumer & Retail; Healthcare; Impact; Industrials; and Technology, Media & Telecommunications. The Company commenced principal operations on August 1, 2023. K-PEC conducts a continuous private offering of its investor shares on a monthly basis: Class S Shares, Class D Shares, Class U Shares, Class I Shares, Class R-S Shares, Class R-D Shares, Class R-U Shares and Class R-I Shares (collectively, the “Investor Shares” and, collectively with the Class E Shares, Class F Shares, Class G Shares and Class H Shares, the “Shares”) in reliance on exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), including under Regulation D and Regulation S, to (i) accredited investors (as defined in Regulation D under the Securities Act) and (ii) in the case of shares sold outside of the United States, to persons that are not “U.S. persons” (as defined in Regulation S under the Securities Act). Holders of Investor Shares have equal rights and privileges with each other, except that Class D Shares, Class U Shares, Class I Shares, Class R-D Shares, Class R-U Shares and Class R-I Shares do not pay a sales load or dealer-manager fees and the Company does not pay any servicing or distribution fees with respect to Class I Shares or Class R-I Shares or any distribution fees with respect to the Class D Shares or Class R-D Shares. Holders of Class E Shares, Class F Shares, Class G Shares and Class H Shares (collectively, the “KKR Shares”) have equal rights and privileges with each other and, except for the Class G Shares, no class of shares will have any rights, powers or preferences with respect to determining the number of directors constituting the entire Board of Directors the (“Board”) or the appointment, election, or removal of any directors of officers of the Company. Kohlberg Kravis Roberts & Co. L.P. (together with its subsidiaries, “KKR”), through its ownership of all of the Company’s outstanding Class G Shares, hold, directly and indirectly, all of the voting power of the Company. The KKR Shares are not subject to the Management Fee (defined herein) or the Performance Participation Allocation (defined herein), and are not subject to any servicing or distribution fees.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and are stated in United States (“U.S.”) dollars. The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in these consolidated financial statements. Actual results could differ from those estimates. The Company’s consolidated financial statements are prepared using the accounting and reporting guidance under Accounting Standards Codification 946, Financial Services—Investment Companies (“ASC 946”). Basis of Consolidation As provided under Regulation S-X and ASC 946, the Company will generally not consolidate its investment in a company other than a wholly owned investment company or controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidates in its consolidated financial statements the accounts of certain wholly owned subsidiaries that meet the criteria. All significant intercompany balances and transactions have been eliminated in consolidation. Cash and Cash Equivalents Cash and cash equivalents consists solely of money market funds with financial institutions that invest in securities with maturities of three or fewer months. As of December 31, 2023, the Company was invested in the Morgan Stanley Institutional Liquidity Funds Government Portfolio. As of December 31, 2022, the Company was invested in the JPMorgan U.S. Government Money Market Fund. Foreign Currency Translation The accounting records of the Company are maintained in U.S. Dollars. The fair value of investments and other assets and liabilities denominated in non-U.S. currencies are translated into U.S. Dollars using the exchange rate at the end of each reporting period. Amounts related to the purchases and sales of investments, investment income and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions. Net unrealized currency gains and losses arising from valuing foreign currency-denominated investments and liabilities at the current exchange rate are reflected as part of net change in unrealized appreciation (depreciation) on foreign currency translation in the Statements of Operations. Foreign security and currency translations may involve certain considerations and risks not typically associated with investing in U.S. companies and U.S. government securities. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices to be more volatile than those of comparable U.S. companies or U.S. government securities. Organization and Offering Costs Organization costs are expensed as incurred. Organization costs consist of costs incurred to establish the Company and enable it legally to do business. For the year ended December 31, 2023 and from the date of formation through December 31, 2022, the Company incurred organization costs of $4,589 and $3,635, respectively. Offering costs include registration fees and legal fees regarding the preparation of the initial registration statement. Offering costs are accounted for as deferred costs until operations begin. Offering costs incurred prior to the Company’s Initial Offering (defined below) are amortized over the first twelve months of operations on a straight-line basis. As of December 31, 2023, the total amount of offering costs incurred by the Company was $1,396. For the year ended December 31, 2023, the Company amortized $581 in deferred offering costs. No such deferred offering costs were amortized from the date of formation through December 31, 2022. Valuation of Investments at Fair Value Accounting Standards Codification 820, Fair Value Measurement , defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosures about fair value. The Company recognizes and accounts for its investments at fair value. The fair value of the investments does not reflect transaction costs that may be incurred upon disposition of investments. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters, or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models are applied. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the price transparency for the instruments or market and the instruments’ complexity for disclosure purposes. Assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized based upon the level of judgment associated with the inputs used to measure their value. Hierarchical levels, as defined under GAAP, are directly related to the amount of subjectivity associated with the inputs to fair valuation of these assets and liabilities, and are as follows: Level I — Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date. Level II — Inputs other than quoted prices included in Level I that are observable for the asset or liability, either directly or indirectly. Level II inputs include quoted prices for similar instruments in active markets, and inputs other than quoted prices that are observable for the asset or liability. Level III — Inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The inputs into the determination of fair value require significant management judgment or estimation. The valuation of our Level III investments at December 31, 2023 represents management's best estimate of the amounts that we would anticipate realizing on the sale of these investments in an orderly transaction at such date. A significant decrease in the volume and level of activity for the asset or liability is an indication that transactions or quoted prices may not be representative of fair value because in such market conditions there may be increased instances of transactions that are not orderly. In those circumstances, further analysis of transactions or quoted prices is needed, and an adjustment to the transactions or quoted prices may be necessary to estimate fair value. The Board is responsible for overseeing the valuation of the Company's investments at fair value as determined in good faith pursuant to the Company’s valuation policy. The Board has designated the Manager as the Company's valuation designee, with day-to-day responsibility for implementing the portfolio valuation process set forth in the Company’s valuation policy. There is no single standard for determining fair values of holdings that do not have a readily available market price and, in many cases, such fair values may be best expressed as a range of fair values from which a single estimate may be derived in good faith. As a result, determining fair value requires that judgment be applied to the specific facts and circumstances of each acquisition while employing a valuation process that is consistently followed. Determinations of fair value involve subjective judgments and estimates. When making fair value determinations for portfolio companies that do not have readily available market prices, the Manager considers industry-accepted valuation methodologies, such as: (i) an income approach and (ii) a market approach. The income approach derives fair value based on the present value of cash flows that a business or asset is expected to generate in the future. The market approach relies upon valuations for comparable companies, transactions or assets, and includes making judgments about which companies, transactions or assets are comparable. In addition, when a definitive agreement has been executed to sell an investment, the Manager generally considers a significant determinant of fair value to be the consideration to be received pursuant to the executed definitive agreement. A blend of approaches may be relied upon in arriving at an estimate of fair value, though there may be instances where it is more appropriate to utilize one approach. The Manager also considers a range of additional factors that it deems relevant, including a potential sale of a portfolio company, macro and local market conditions, industry information and the portfolio company’s historical and projected financial data. Portfolio companies will generally be valued at transaction price initially; however, to the extent the Manager does not believe a portfolio company’s transaction price reflects the current market value, the Manager will adjust such valuation. When making fair value determinations for portfolio companies, the Manager will update the prior month-end valuations by incorporating the then current market comparables and discount rate inputs, any material changes to the portfolio companies’ financial performance since the valuation date, as well as any cash flow activity related to the portfolio companies during the month. The Manager values portfolio companies using the valuation methodology it deems most appropriate and consistent with widely recognized valuation methodologies and market conditions. When making fair value determinations for assets that do not have a reliable readily available market price, the Manager will engage one or more independent valuation firms to provide positive assurance regarding the reasonableness of such valuations as of the relevant measurement date. However, the Manager is ultimately responsible for determining the fair value of all applicable investments in good faith in accordance with the Company’s valuation policies and procedures. Because assets are valued as of a specified valuation date, events occurring subsequent to that date will not be reflected in the Company’s valuations. However, if information indicating a condition that existed at the valuation date becomes available subsequent to the valuation date and before financial information is publicly released, it will be evaluated to determine whether it would have a material impact requiring adjustment of the final valuation. At least annually, the Manager reviews the appropriateness of the Company’s valuation policies and procedures and will recommend any proposed changes to the Board. From time to time, the Board, and the Manager may adopt changes to the valuation policies and procedures if they determine that such changes are likely to result in a more accurate reflection of estimated fair value. Income Taxes The Company operates so that it will qualify to be treated as a partnership for U.S. federal income tax purposes under the Internal Revenue Code of 1986, as amended, and not as a publicly traded partnership taxable as a corporation. As such, it will not be subject to any U.S. federal and state income taxes. In any year, it is possible that the Company will be considered a publicly traded partnership and will not meet the qualifying income exception, which would result in the Company being treated as a publicly traded partnership and taxed as a corporation, rather than a partnership. In such case, the members would then be treated as shareholders in a corporation, and the Company would become taxable as a corporation for U.S. federal, state and/or local income tax purposes. The Company would be required to pay income tax at corporate rates on its net taxable income. In addition, the Company operates, in part, through subsidiaries that may be treated as corporations for U.S. and non-U.S. tax purposes and therefore may be subject to current and deferred U.S. federal, state and/or local income taxes at the subsidiary level. Deferred Income Taxes Income taxes are accounted for using the asset and liability method of accounting. Under this method, deferred tax assets and liabilities are recognized for the expected future tax consequences of differences between the carrying amounts of assets and liabilities and their respective tax basis, using tax rates in effect for the year in which the differences are expected to reverse. The effect on deferred assets and liabilities of a change in tax rates is recognized in the Consolidated Statements of Operations in the period when the change is enacted. Deferred tax assets, which are recorded in Prepaids and other assets within the Consolidated Statements of Assets and Liabilities, are reduced by a valuation allowance when, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. When evaluating the realizability of the deferred tax assets, all evidence, both positive and negative, is considered. Items considered when evaluating the need for a valuation allowance include the ability to carry back losses, future reversals of existing temporary differences, tax planning strategies, and expectations of future earnings. For a particular tax‑paying component of an entity and within a particular tax jurisdiction, deferred tax assets and liabilities are offset and presented as a single amount within Prepaids and other assets or Other accrued expenses and liabilities, as applicable. Uncertain Tax Positions The Company analyzes its tax filing positions in all of the U.S. federal, state and local tax jurisdictions and foreign tax jurisdictions where it is required to file income tax returns, as well as for all open tax years in these jurisdictions. If, based on this analysis, the Company determines that uncertainties in tax positions exist, a reserve is established and recorded in Other accrued expenses and liabilities. Accrued interest and penalties related to uncertain tax positions are recorded within the provision for income taxes, when applicable. The Company records uncertain tax positions on the basis of a two‑step process: (a) determination is made whether it is more likely than not that the tax positions will be sustained based on the technical merits of the position and (b) those tax positions that meet the more‑likely‑than‑not threshold are recognized as the largest amount of tax benefit that is greater than 50 percent likely to be realized upon ultimate settlement with the related tax authority. Calculation of Net Asset Value Net asset value (“NAV”) under GAAP by share class is calculated by subtracting total liabilities for each class from the total carrying amount of all assets for that class, which includes the fair value of investments. At the end of each month, any change in the Company’s NAV (whether an increase or decrease) is allocated among each Share class based on the relative percentage of the previous aggregate NAV for each share class, adjusted for issuances of shares that were effective on the first calendar day of such month and repurchases that were effective on the last calendar day of such month. NAV per share for each class is calculated by dividing the NAV for that class by the total number of outstanding shares of that class on the reporting date. The Manager is ultimately responsible for the Company’s NAV calculations. Revenue Recognition Dividend income from our portfolio companies is recorded on the ex-dividend date, or, in the absence of a formal declaration of a record date, on the date when cash is received from the relevant portfolio company, but excludes any portion of distributions that are treated as a return of capital. Each distribution received from a portfolio company is evaluated to determine if the distribution should be recorded as dividend income or a return of capital. Distributions that are classified as a return of capital are recorded as a reduction in the cost basis of the investment. Dividend income from money market funds with financial institutions is recorded on an accrual basis to the extent that the Company expects to collect such amounts. Net Realized Gains or Losses and Net Change in Unrealized Appreciation (Depreciation) on Investments Without regard to unrealized appreciation or depreciation previously recognized, realized gains or losses will be measured as the difference between the net proceeds from the sale, repayment, or disposal of an asset and the adjusted cost basis of the asset. Net change in unrealized appreciation or depreciation will reflect the change in investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized. Performance Participation Allocation Under the Amended and Restated Limited Liability Company Agreement of the Company (as amended from time to time, the “LLC Agreement”), so long as the Management Agreement has not been terminated, KKR will be entitled to receive a Performance Participation Allocation equal to 15.0% of the Total Return attributable to Investor Shares, subject to a 5.0% Hurdle Amount and a High Water Mark, with a 100% Catch-Up (each as defined in the LLC Agreement) (the “Performance Participation Allocation”). The Performance Participation Allocation will be measured and paid on an annual basis and accrued monthly. See Note 5 below for further detail. Such Performance Participation Allocation is calculated based on the Company’s transactional net asset value, which is the price at which the Company sells and repurchases its Shares. KKR may elect to receive the Performance Participation Allocation in cash and/or Class F Shares. If the Performance Participation Allocation is paid in Class F Shares, such Shares may be repurchased at KKR’s request and are subject to the repurchase limitations of our share repurchase plan. Derivative Instruments The Company enters into foreign currency forward contracts to hedge against foreign currency exchange rate risk on its non-U.S. dollar denominated securities or to facilitate settlement of foreign currency denominated transactions. A foreign currency forward contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. These contracts are marked-to-market by recognizing the difference between the contract forward exchange rate and the forward market exchange rate on the last day of the period as unrealized appreciation or depreciation. When a foreign currency forward contract is closed, through either delivery or offset by entering into another foreign currency forward contract, the Company recognizes realized appreciation or depreciation equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was closed. Foreign currency forward contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities. The Company’s primary risk related to hedging is the risk of an unfavorable change in the foreign exchange rate underlying the foreign currency forward contract.

Investments

Investments	12 Months Ended
	Dec. 31, 2023
Investment Company [Abstract]
Investments	Investments Summarized Portfolio Company Financial Information The following tables presents unaudited summarized financial information for the above portfolio companies in the aggregate in which the Company has an indirect equity interest for the year ended December 31, 2023. Amounts provided do not represent the Company’s proportionate share: December 31, 2023 Cash $ 1,313,260 Other assets 27,990,566 Total assets 29,303,826 Debt 13,802,789 Other liabilities 5,891,753 Total liabilities 19,694,542 Members’ equity $ 9,609,284 For the Year Ended December 31, 2023 Revenues $ 2,465,287 Expenses 2,659,931 Loss before taxes (194,644) Income tax expense 18,206 Consolidated net loss (212,850) Net loss attributable to non-controlling interests (92) Net loss $ (212,942) The net loss above represents the aggregated net income attributable to the controlling interests in each of the Company’s portfolio companies and does not represent the Company’s proportionate share of income.

Fair Value Measurements - Inves

Fair Value Measurements - Investments	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements - Investments	Fair Value Measurements - Investments The following table presents fair value measurements of investments, by major class, as of December 31, 2023, according to the fair value hierarchy: Valuation Inputs Investments Level I Level II Level III Fair Value Portfolio companies $ — $ — $ 713,610 $ 713,610 Unrealized depreciation on foreign currency forward contracts — (742) — (742) Unrealized appreciation on foreign currency forward contracts 103 103 Investments in Money Market Funds 18,007 — — 18,007 Total $ 18,007 $ (639) $ 713,610 $ 730,978 The following table provides a reconciliation of the beginning and ending balances for investments that use Level III inputs for the year ended December 31, 2023: Investments Balance as of December 31, 2022 Purchases Net change in unrealized appreciation on investments Net change in unrealized appreciation on foreign currency translation Balance as of December 31, 2023 Portfolio companies $ — $ 703,790 $ 8,523 $ 1,297 $ 713,610 Total $ — $ 703,790 $ 8,523 $ 1,297 $ 713,610 The total change in unrealized appreciation (depreciation) included in the Statements of Operations within net change in unrealized appreciation (depreciation) for the year ended December 31, 2023 attributable to Level III investments and foreign currency translation still held at December 31, 2023 was $8,523 and $1,297, respectively. The following table presents the quantitative information about Level III fair value measurements of the Company’s portfolio companies as of December 31, 2023: Level III Assets Fair Value December 31, 2023 Valuation Methodology and Inputs Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Portfolio companies $713,610 Inputs to market comparables, discounted cash flow and transaction price/other Illiquidity Discount 7.4% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 25.0% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 40.2% 0.0% - 75.0% (5) Weight Ascribed to Transaction Price/Other 34.8% 0.0% - 100.0% (6) Market Comparables Enterprise Value / Forward EBITDA Multiple 14.6x 7.5x - 17.8x Increase Discounted Cash Flow Weighted Average Cost of Capital 11.6% 8.5% - 18.2% Decrease Enterprise Value / LTM EBITDA Exit Multiple 14.9x 8.5x - 17.5x Increase (1) In determining the inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies, and company-specific developments including exit strategies and realization opportunities. The Manager has determined that market participants would take these inputs into account when valuing the investments. “LTM” means Last Twelve Months. (2) Inputs are weighted based on fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The directional change from an increase in the weight ascribed to the market comparables approach would increase the fair value of the Level III investments if the market comparables approach results in a higher valuation than the discounted cash flow approach and transaction price approach. The opposite would be true if the market comparables approach results in a lower valuation than the discounted cash flow approach and transaction price approach. (5) The directional change from an increase in the weight ascribed to the discounted cash flow approach would increase the fair value of the Level III investments if the discounted cash flow approach results in a higher valuation than the market comparables approach and transaction price approach. The opposite would be true if the discounted cash flow approach results in a lower valuation than the market comparables approach and transaction price approach. (6) The directional change from an increase in the weight ascribed to the transaction price would increase the fair value of the Level III investments if the transaction price results in a higher valuation than the market comparables approach and discounted cash flow approach. The opposite would be true if the transaction price results in a lower valuation than the market comparables approach and discounted cash flow approach. Valuations involve subjective judgments and may not accurately reflect realizable value. The assumptions above are determined by the Manager and reviewed by the Manager’s independent valuation advisor. A change in these assumptions or factors would impact the calculation of the value of our assets.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Initial Capital Contribution On December 6, 2022, KKR made an initial capital contribution that resulted in the issuance of 40 Class G Shares of the Company at $25.00 per Class G Share for an aggregate purchase price of $1 to KKR Group Assets Holdings III L.P., an affiliate of the Manager. Class H Shares Issuance On July 27, 2023, the Company issued to K-PRIME GP LLC, an indirect subsidiary of KKR, a total of 40 Class H Shares of the Company at $25.00 per Class H Share for aggregate consideration of $1. For as long as the Management Agreement has not been terminated, the Class H Members (as defined in the LLC Agreement) may receive a Performance Participation Allocation from the Company. Issuance of Class E Shares to KKR On August 1, 2023, the Company issued to KKR Alternative Assets LLC, an indirect subsidiary of KKR, a total of 4,314,539 Class E Shares of the Company at $25.00 per Class E Share for aggregate consideration of $107,863 in exchange for the contribution to the Company of ownership interests in (i) April SAS, (ii) CoolIT Systems, Inc., (iii) Groundworks Intermediate Holding, LLC, (iv) Industrial Physics Holdings, LLC, and (v) Accuris. Repurchase of Class E Shares Held by KKR On August 31, 2023, pursuant to the Company's KKR Share Repurchase Arrangement, effective July 27, 2023 (the “KKR Share Repurchase Arrangement”), the Company repurchased 4,314,539 Class E Shares of the Company from KKR Alternative Assets LLC at a price of $25.00 per Class E Share, which was determined based on the most recent transactional net value per share on that date, for an aggregate purchase price of $107,863. Line of Credit On December 20, 2023, certain wholly-owned subsidiaries of the Company, as may be added and removed from time to time (the “Borrowers”), entered into an unsecured, uncommitted line of credit, which was further amended on March 21, 2024 (the “Line of Credit”) to provide for up to a maximum aggregate principal amount of $300,000 with KKR Alternative Assets LLC (the “Lender”), an affiliate of the Company. Each loan under the Line of Credit will (i) be subject to an interest rate per annum as set forth in the applicable loan request up to the then-current rate offered by a third party lender or, if no such rate is available, up to Secured Overnight Financing Rate applicable to such loan plus 3.50% and (ii) in the event that the interest rate is zero percent such loan will have a maximum maturity of 364 days following the borrowing of such loan (unless otherwise consented to by the Lender in its sole discretion). The Line of Credit expires on December 20, 2024, subject to six-month extension options requiring the Lender’s approval. Each advance under the Line of Credit is repayable on the earlier of the (i) 180th day following the earlier of (x) the Lender’s demand and (y) the expiration of the line of credit and (ii) if specified, the scheduled date of repayment for each such loan as set forth in the relevant loan request (the “Scheduled Repayment Date”), which date shall in no case be later than 364 days following the borrowing of such loan (unless the Lender, in its sole discretion, consents to a Scheduled Repayment Date that is later than 364 days following the borrowing of such loan). To the extent the Company has not repaid all loans and other obligations under the Line of Credit after a repayment event has occurred, the Company is obligated to apply excess available cash proceeds to the repayment of such loans and other obligations; provided that the Borrowers will be permitted to (w) make payments to fulfill any repurchase requests pursuant to the Company’s share repurchase plan or any excess tender offer on the terms described in the Company’s private placement memorandum, (x) use funds to close any acquisition of a portfolio company which the Company committed to prior to receiving a demand notice, (y) make elective distributions of an amount not to exceed amounts paid in the immediately preceding fiscal quarter and (z) pay any taxes when due. The Line of Credit also permits voluntary prepayment of principal and accrued interest without any penalty other than customary breakage costs subject to the Lender’s discretion. Each Borrower may withdraw from the Line of Credit at the time all such obligations held by such Borrower to the Lender under the Line of Credit have been repaid to the Lender in full. The Line of Credit contains customary events of default. As is customary in such financings, if an event of default occurs under the Line of Credit, the Lender may accelerate the repayment of amounts outstanding under the Line of Credit and exercise other remedies subject, in certain instances, to the expiration of an applicable cure period. The Lender and its assignees shall not have any recourse to any entities with interests in the Borrowers such as a general partner or investor, including the Company, or any of their respective assets for any indebtedness or other monetary obligation incurred under the Line of Credit. On December 21, 2023, the Company drew down $19,200 on the Line of Credit, all of which was subsequently repaid on January 4, 2024. For the period from December 21, 2023 to December 31, 2023, the Company incurred interest expense of $52 , which was waived by the Lender. Management Agreement On July 27, 2023, the Company entered into a management agreem ent with the Manager (“Management Agreement”). Pursuant to the Management Agreement, the Manager is responsible for sourcing, evaluating and monitoring the Company’s acquisition opportunities and making recommendations to the Company’s executive committee related to the acquisition, management, financing and disposition of the Company’s assets, in accordance with the Company’s objectives, guidelines, policies and limitations, subject to oversight by the Board. Pursuant to the Management Agreement, the Manager is entitled to receive a management fee (the “Management Fee”) from the Company in an amount equal to (i) 1.25% per annum of the month-end NAV attributable to Class S Shares, Class D Shares, Class U Shares and Class I Shares and (ii) 1.00% per annum of the month-end NAV for a 60-month period following August 1, 2023 (the “Initial Offering”) attributable to Class R-S Shares, Class R-D Shares, Class R-U Shares and Class R-I Shares (provided that such Class R-S Shares, Class R-U Shares and Class R-I Shares are purchased by an investor as part of an intermediary’s aggregate subscription for at least $100,000 in Shares and shares of any class of K-PRIME during the 12-month period following the Initial Offering) and 1.25% per annum of the month-end NAV attributable to Class R-S Shares, Class R-D Shares, Class R-U Shares and Class R-I Shares after the 60-month period following the Initial Offering, each before giving effect to any accruals for certain fees and expenses. Such Management Fee is calculated based on the Company’s transactional net asset value, which is the price at which the Company sells and repurchases its Shares. KKR or its affiliates (and in the case of directors’ fees, KKR executives) are expected to be paid transaction fees and monitoring fees in connection with the acquisition, ownership, control and exit of portfolio companies, and KKR or its affiliates are expected to be entitled to receive “break-up” or similar fees in connection with unconsummated transactions (“Other Fees”). The Management Fee payable in any monthly period is subject to reduction, but not below zero, by an amount equal to any Other Fees allocable to Investor Shares pursuant to the terms of the Management Agreement. For the year ended December 31, 2023, the Manager earned $1,927 in gross Management Fees, which were offset by $1,468, resulting in $459 of net Management Fees. As of December 31, 2023, there are unapplied credits of $12,403 to be carried forward that relate to Other Fees earned. As of December 31, 2023, the Company did not owe a net Management Fee to the Manager. Pursuant to the Management Agreement, such amounts earned may be offset by the Manager against amounts due to the Company from the Manager. Performance Participation Allocation KKR is allocated a “Performance Participation Allocation” equal to 15.0% of the Total Return attributable to Investor Shares subject to a 5.0% annual Hurdle Amount and a High Water Mark, with a 100% Catch-Up (each as defined in the LLC Agreement). Such allocation will be measured and allocated or paid annually and accrued monthly (subject to pro-rating for partial periods). KKR may elect to receive the Performance Participation Allocation in cash and/or Class F Shares. Specifically, promptly following the end of each Reference Period (and at other times as described below), KKR is allocated a Performance Participation Allocation in an amount equal to: • First, if the Total Return for the applicable period exceeds the sum of (i) the Hurdle Amount for that period and (ii) the Loss Carryforward Amount (any such excess, “Excess Profits”), 100% of such Excess Profits until the total amount allocated to KKR equals 15.0% of the sum of (x) the Hurdle Amount for that period and (y) any amount allocated to KKR pursuant to this clause (any such amount, the “Catch-Up”); and • Second, to the extent there are remaining Excess Profits, 15.0% of such remaining Excess Profits. KKR will also be allocated a Performance Participation Allocation with respect to all Investor Shares that are repurchased in connection with repurchases of Shares in an amount calculated as described above with the relevant period being the portion of the Reference Period (which is the applicable year beginning on October 1 and ending on September 30 of the next succeeding year, with the initial Reference Period being the period from August 1, 2023 to September 30, 2024) for which such Shares were outstanding, and proceeds for any such Share repurchases will be reduced by the amount of any such Performance Participation Allocation. Such Performance Participation Allocation is calculated based on the Company’s transactional net asset value, which is the price at which the Company sells and repurchases its Shares. If the Performance Participation Allocation is paid in Class F Shares, such Shares may be repurchased at KKR’s request and are subject to the repurchase limitations of our share repurchase plan. A Performance Participation Allocation accrual of $1,508 was recorded as of December 31, 2023 in the Statements of Assets and Liabilities. No Performance Participation Allocation accrual was recorded as of December 31, 2022. The Statements of Operations reflects a $1,508 Performance Participation Allocation for the year ended December 31, 2023. Distribution Fees and Servicing Fees The Company will pay KKR Capital Markets LLC ongoing distribution and servicing fees (a) of 0.85% of NAV per annum for Class S Shares, Class U Shares, Class R-S Shares and Class R-U Shares only (consisting of a 0.60% distribution fee (the “Distribution Fee”) and a 0.25% shareholder servicing fee (the “Servicing Fee”)), accrued and payable monthly and (b) of 0.25% for Class D Shares and Class R-D Shares only (all of which constitutes payment for shareholder services, with no payment for distribution services) in each case as accrued, and payable mo nthly. Such Distribution Fee and Servicing Fee are calculated based on the Company’s transactional net asset value, which is the price at which the Company sells and repurchases its Shares. None of the Class I Shares, Class R-I Shares, Class E Shares, Class F Shares, Class G Shares or Class H Shares incur the Distribution Fee or the Servicing Fee. The Dealer-Manager (defined below) generally expects to reallow the Distribution Fee and the Servicing Fee to participating broker dealers or other intermediaries. The Company may also pay for certain sub-transfer agency, platform, sub-accounting and administrative services outside of the Distribution Fee and the Servicing Fee. Under GAAP, the Company accrues the cost of the Servicing Fees and Distribution Fees, as applicable, for the estimated life of the shares as an offering cost at the time the Company sell Class S Shares, Class U Shares, Class D Shares, Class R-S Shares, Class R-U Shares and Class R-D Shares. As of December 31, 2023 , the Company has accrued $40,309 of Servicing Fees and Distribution Fees payable to the Dealer Manager related to the Class R-U shares sold. Expense Limitation and Reimbursement Agreement On December 6, 2022, the Company entered into an Expense Limitation and Reimbursement Agreement (the “Expense Limitation Agreement”) with the Manager. Pursuant to the Expense Limitation Agreement, the Manager will forgo an amount of its monthly management fee and/or pay, absorb or reimburse certain expenses of the Company, to the extent necessary so that, for any fiscal year, the Company’s annual Specified Expenses (defined below) do not exceed 0.60% of the Company’s net assets as of the end of each calendar month. “Specified Expenses” is defined to include all expenses incurred in the business of the Company, including organizational and offering costs, with the exception of (i) the management fee, (ii) the Performance Participation Allocation, (iii) the Servicing Fee, (iv) the Distribution Fee, (v) portfolio company level expenses, (vi) brokerage costs or other investment-related out-of-pocket expenses, including with respect to unconsummated transactions, (vii) dividend/interest payments (including any dividend payments, interest expenses, commitment fees, or other expenses related to any leverage incurred by the Company), (viii) taxes, (ix) ordinary corporate operating expenses (including costs and expenses related to hiring, retaining, and compensating employees and officers of the Company), (x) certain insurance costs and (xi) extraordinary expenses (as determined in the sole discretion of the Manager). The Expense Limitation Agreement remains in effect through and including June 30, 2024, but may be renewed by the mutual agreement of the Manager and the Company for successive terms. Under the Expense Limitation Agreement, the Company has agreed to carry forward the amount of the foregone management fees and/or expenses paid, absorbed or reimbursed by the Manager for a period not to exceed three years from the end of the month in which the Manager waived or reimbursed such fees or expenses and to reimburse the Manager for such fees or expenses in accordance with the Expense Limitation Agreement. As of December 31, 2023, the Manager agreed to reimburse expenses of $9,816 incurred by the Company for the year ended December 31, 2023, pursuant to the Expense Limitation Agreement. The amounts are subject to recoupment within a three year period. As of December 31, 2023, the Company recorded $13,451 as Due from Manager Due to Manager The following table reflects the amounts incurred by the Company and subject to recoupment pursuant to the Expense Limitation Agreement and the expiration for future possible recoupments by the Company: For the Three Months Ended Amount Last Expiration Date December 31, 2022 $ 3,635 December 31, 2025 March 31, 2023 1,838 March 31, 2026 June 30, 2023 1,938 June 30, 2026 September 30, 2023 3,269 September 30, 2026 December 31, 2023 2,771 December 31, 2026 Total $ 13,451 As of December 31, 2023, management believes that it is not probable for the Company to be required to reimburse the expenses waived by the Manager. Dealer-Manager Agreement On July 27, 2023, the Company entered into a Dealer-Manager Agreement (as amended from time to time, the “Dealer-Manager Agreement”) with KKR Capital Markets LLC (the “Dealer-Manager”). Pursuant to the Dealer-Manager Agreement, the Dealer-Manager solicits sales of the Company’s Shares authorized for issue in accordance with the Company’s confidential Private Placement Memorandum (the “PPM”) and provides certain administrative and shareholder services to the Company, subject to the terms and conditions set forth in the Dealer-Manager Agreement. The Dealer-Manager receives certain front-end sales charges, Distribution Fees, Servicing Fees and certain other fees as described in the PPM.

Shareholders_ Equity

Shareholders’ Equity	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Shareholders’ Equity	Shareholders’ Equity The following table is a summary of the Shares issued and repurchased during the year ended December 31, 2023 and shares outstanding as of December 31, 2023: Shares Outstanding as of December 31, 2022 Shares Issued During the Period Shares Repurchased During the Period Shares Outstanding as of December 31, 2023 Class I Shares — 69,695 — 69,695 Class R-I Shares — 4,452,158 — 4,452,158 Class R-U Shares — 22,941,060 — 22,941,060 Class E Shares — 4,314,539 (4,314,539) — Class F Shares 1,967 — 1,967 Class G Shares 40 — — 40 Class H Shares — 40 — 40 Total 40 31,779,459 (4,314,539) 27,464,960 The consideration from Shares sold and the aggregate purchase price of Shares repurchased pursuant to the Share Repurchase Plan or the KKR Share Repurchase Arrangement for each class of Shares for the year ended December 31, 2023 were as follows: Class I Shares Class R-I Shares Class R-U Shares Class E Shares Class F Shares Class H Share Total Consideration for Shares Issued $ 1,775 $ 113,974 $ 583,390 $ 107,863 $ 51 $ 1 $ 807,054 Aggregate purchase price of Shares repurchased $ — $ — $ — $ (107,863) $ — $ — $ (107,863) Distribution Reinvestment Plan The Company adopted a Distribution Reinvestment Plan (the “DRIP”) in which cash distributions to holders of our Shares will automatically be reinvested in additional whole and fractional Shares attributable to the class of Shares that a Shareholder owns unless such holders elect to receive distributions in cash. Shareholders may terminate their participation in the DRIP with prior written notice to us. Under the DRIP, Shareholders’ distributions are reinvested in Shares of the same class owned by the Shareholder for a purchase price equal to the most recently available NAV per Share. Shareholders will not pay a sales load when purchasing Shares under our DRIP; however, all outstanding Class S Shares, Class U Shares, Class R-S Shares and Class R-U Shares, including those purchased under our DRIP, will be subject to ongoing Distribution Fees, and Class S Shares, Class D Shares, Class U Shares, Class R-S Shares, Class R-D Shares and Class R-U Shares, including those purchased under our DRIP, will be subject to ongoing Servicing Fees. As of December 31, 2023, the Company has not issued any Shares under the DRIP. Share Repurchases The Company offers a share repurchase plan pursuant to which, on a quarterly basis, Shareholders may request that we repurchase all or any portion of their Shares. The Company may repurchase fewer Shares than have been requested in any particular quarter to be repurchased under our share repurchase plan, or none at all, in our discretion at any time. In addition, the aggregate NAV of total repurchases of Class S Shares, Class D Shares, Class U Shares, Class I Shares, Class R-S Shares, Class R-D Shares, Class R-U Shares, Class R-I Shares or Class F Shares under our share repurchase plan will be limited to no more than 5% of our aggregate NAV per calendar quarter (measured using the average aggregate NAV attributable to Shareholders as of the end of the immediately preceding calendar quarter). As of December 31, 2023, the Company has not repurchased any Shares under the share repurchase plan. Repurchase Arrangement for Class E Shares held by KKR On the last calendar day of each month the Company offers to repurchase Class E Shares from KKR having an aggregate NAV (the “Monthly Repurchase Amount”) equal to (i) the net proceeds from new subscriptions accepted during such month less (ii) the aggregate repurchase amount (excluding any amount of the aggregate repurchase price paid using Excess Operating Cash Flow (defined below)) of Shares repurchased by the Company during such month pursuant to our share repurchase plan. In addition to the Monthly Repurchase Amount for the applicable month, the Company will offer to repurchase any Monthly Repurchase Amounts from prior months that have not yet been repurchased. The price per Class E Share for repurchases from KKR will be the transaction price in effect for the Class E Shares at the time of repurchase. This repurchase arrangement is not subject to any time limit and will continue until the Company has repurchased all of KKR’s Class E Shares. Other than the Monthly Repurchase Amount limitation, the share repurchase arrangement for KKR is not subject to the repurchase limitations in our share repurchase plan. “Excess Operating Cash Flow” means, for any given quarter, the Company’s net cash provided by operating activities, if any, less any amounts of such cash used, or designated for use, to pay distributions to Shareholders. Notwithstanding the foregoing, no repurchase offer will be made to KKR during any month in which (1) the 5% quarterly repurchase limitation of its share repurchase plan has been decreased or (2) the full amount of all Shares requested to be repurchased under our share repurchase plan is not repurchased. Additionally, the Company may elect not to offer to repurchase shares from KKR, or may offer to purchase less than the Monthly Repurchase Amount, if, in the Company’s judgment, the Company determines that offering to repurchase the full Monthly Repurchase Amount would place an undue burden on the Company’s liquidity, adversely affect its operations or risk having an adverse impact on the Company as a whole. Further, the Board may modify, suspend or terminate this share repurchase arrangement if it deems such action to be in the Company’s best interests and the best interests of its Shareholders. KKR will not request that its Class E Shares be repurchased under our share repurchase plan. On August 31, 2023, pursuant to the KKR Share Repurchase Arrangement, the Company repurchased 4,314,539 Class E Shares of the Company from KKR Alternative Assets LLC at a price of $25.00 per Class E Share, which was determined based on the most recent transactional net asset value per share on that date, for an aggregate purchase price of $107,863. The Company did not declare or pay any distributions during the year ended December 31, 2023.

Distributions

Distributions	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Distributions	Shareholders’ Equity The following table is a summary of the Shares issued and repurchased during the year ended December 31, 2023 and shares outstanding as of December 31, 2023: Shares Outstanding as of December 31, 2022 Shares Issued During the Period Shares Repurchased During the Period Shares Outstanding as of December 31, 2023 Class I Shares — 69,695 — 69,695 Class R-I Shares — 4,452,158 — 4,452,158 Class R-U Shares — 22,941,060 — 22,941,060 Class E Shares — 4,314,539 (4,314,539) — Class F Shares 1,967 — 1,967 Class G Shares 40 — — 40 Class H Shares — 40 — 40 Total 40 31,779,459 (4,314,539) 27,464,960 The consideration from Shares sold and the aggregate purchase price of Shares repurchased pursuant to the Share Repurchase Plan or the KKR Share Repurchase Arrangement for each class of Shares for the year ended December 31, 2023 were as follows: Class I Shares Class R-I Shares Class R-U Shares Class E Shares Class F Shares Class H Share Total Consideration for Shares Issued $ 1,775 $ 113,974 $ 583,390 $ 107,863 $ 51 $ 1 $ 807,054 Aggregate purchase price of Shares repurchased $ — $ — $ — $ (107,863) $ — $ — $ (107,863) Distribution Reinvestment Plan The Company adopted a Distribution Reinvestment Plan (the “DRIP”) in which cash distributions to holders of our Shares will automatically be reinvested in additional whole and fractional Shares attributable to the class of Shares that a Shareholder owns unless such holders elect to receive distributions in cash. Shareholders may terminate their participation in the DRIP with prior written notice to us. Under the DRIP, Shareholders’ distributions are reinvested in Shares of the same class owned by the Shareholder for a purchase price equal to the most recently available NAV per Share. Shareholders will not pay a sales load when purchasing Shares under our DRIP; however, all outstanding Class S Shares, Class U Shares, Class R-S Shares and Class R-U Shares, including those purchased under our DRIP, will be subject to ongoing Distribution Fees, and Class S Shares, Class D Shares, Class U Shares, Class R-S Shares, Class R-D Shares and Class R-U Shares, including those purchased under our DRIP, will be subject to ongoing Servicing Fees. As of December 31, 2023, the Company has not issued any Shares under the DRIP. Share Repurchases The Company offers a share repurchase plan pursuant to which, on a quarterly basis, Shareholders may request that we repurchase all or any portion of their Shares. The Company may repurchase fewer Shares than have been requested in any particular quarter to be repurchased under our share repurchase plan, or none at all, in our discretion at any time. In addition, the aggregate NAV of total repurchases of Class S Shares, Class D Shares, Class U Shares, Class I Shares, Class R-S Shares, Class R-D Shares, Class R-U Shares, Class R-I Shares or Class F Shares under our share repurchase plan will be limited to no more than 5% of our aggregate NAV per calendar quarter (measured using the average aggregate NAV attributable to Shareholders as of the end of the immediately preceding calendar quarter). As of December 31, 2023, the Company has not repurchased any Shares under the share repurchase plan. Repurchase Arrangement for Class E Shares held by KKR On the last calendar day of each month the Company offers to repurchase Class E Shares from KKR having an aggregate NAV (the “Monthly Repurchase Amount”) equal to (i) the net proceeds from new subscriptions accepted during such month less (ii) the aggregate repurchase amount (excluding any amount of the aggregate repurchase price paid using Excess Operating Cash Flow (defined below)) of Shares repurchased by the Company during such month pursuant to our share repurchase plan. In addition to the Monthly Repurchase Amount for the applicable month, the Company will offer to repurchase any Monthly Repurchase Amounts from prior months that have not yet been repurchased. The price per Class E Share for repurchases from KKR will be the transaction price in effect for the Class E Shares at the time of repurchase. This repurchase arrangement is not subject to any time limit and will continue until the Company has repurchased all of KKR’s Class E Shares. Other than the Monthly Repurchase Amount limitation, the share repurchase arrangement for KKR is not subject to the repurchase limitations in our share repurchase plan. “Excess Operating Cash Flow” means, for any given quarter, the Company’s net cash provided by operating activities, if any, less any amounts of such cash used, or designated for use, to pay distributions to Shareholders. Notwithstanding the foregoing, no repurchase offer will be made to KKR during any month in which (1) the 5% quarterly repurchase limitation of its share repurchase plan has been decreased or (2) the full amount of all Shares requested to be repurchased under our share repurchase plan is not repurchased. Additionally, the Company may elect not to offer to repurchase shares from KKR, or may offer to purchase less than the Monthly Repurchase Amount, if, in the Company’s judgment, the Company determines that offering to repurchase the full Monthly Repurchase Amount would place an undue burden on the Company’s liquidity, adversely affect its operations or risk having an adverse impact on the Company as a whole. Further, the Board may modify, suspend or terminate this share repurchase arrangement if it deems such action to be in the Company’s best interests and the best interests of its Shareholders. KKR will not request that its Class E Shares be repurchased under our share repurchase plan. On August 31, 2023, pursuant to the KKR Share Repurchase Arrangement, the Company repurchased 4,314,539 Class E Shares of the Company from KKR Alternative Assets LLC at a price of $25.00 per Class E Share, which was determined based on the most recent transactional net asset value per share on that date, for an aggregate purchase price of $107,863. The Company did not declare or pay any distributions during the year ended December 31, 2023.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation The Company was not subject to any material litigation nor was the Company aware of any material litigation threatened against it. Funding Commitments and Others As of December 31, 2023, the Company had $8,833 unfunded commitments in portfolio companies. Indemnification Under the LLC Agreement and organizational documents, the members of the Board, officers of the Company, the Manager, KKR, and their respective affiliates, directors, officers, representatives, agents and employees are indemnified against certain liabilities arising out of the performance of their duties to the Company. In the normal course of business, the Company enters into contracts that contain a variety of representations and that provide general indemnifications. The Company’s maximum liability exposure under these arrangements is unknown, as future claims that have not yet occurred may be made against the Company.

Financial Highlights

Financial Highlights	12 Months Ended
	Dec. 31, 2023
Investment Company [Abstract]
Financial Highlights	Financial Highlights The following is a schedule of the financial highlights of the Company attributed to each class of Shares for the period from August 1, 2023 (commencement of principal operations) through December 31, 2023: Class I Shares Class R-I Shares Class R-U Shares Class F Shares Class G Shares Class H Shares Per share data attributed to shares (1) Net asset value per share at beginning of period (August 1, 2023) $ — $ — $ — $ — $ 25.00 $ 25.00 Consideration from the issuance of shares, net 25.47 25.60 25.43 25.90 — — Repurchases of shares (2) — — — — — — Accrued shareholder servicing fees and distribution fees (2) — — (2.67) — — — Net investment income (2) 0.09 0.10 0.02 — — — Net change in unrealized appreciation (2) 0.32 0.17 1.30 0.12 1.02 1.02 Net increase in net assets attributed to shareholders $ 0.41 $ 0.27 $ (1.35) $ 0.12 $ 1.02 $ 1.02 Net asset value per share at the end of period (December 31, 2023) $ 25.88 $ 25.87 $ 24.08 $ 26.02 $ 26.02 $ 26.02 Net assets at end of period (December 31, 2023) 1,804 115,196 550,983 51 1 1 Shares outstanding at end of period (December 31, 2023) 69,695 4,452,158 22,941,060 1,967 40 40 Weighted average shares outstanding at end of period (December 31, 2023) 67,962 2,347,885 15,336,045 1,957 40 40 Ratio/Supplemental data for Shares (not annualized): Ratios to net asset value (3) : Total operating expenses before Performance Participation Allocation (4) 0.32 % 0.41 % 0.48 % 0.19 % 0.40 % 0.40 % Total operating expenses before expenses reimbursed by Manager (4) (5) 1.21 % 1.46 % 2.11 % 0.68 % 1.81 % 1.81 % Total operating expenses after expenses reimbursed by Manager (4) (5) 0.37 % 0.41 % 0.88 % 0.19 % 0.40 % 0.40 % Total operating expenses after Performance Participation Allocation (4) (6) 0.37 % 0.41 % 0.88 % 0.19 % 0.40 % 0.40 % Net investment income (4) 0.35 % 0.39 % 0.10 % 0.25 % 0.76 % 0.76 % Total GAAP return attributed to Shares based on net asset value (4) (7) 1.63 % 2.02 % (8.72) % 0.47 % 3.97 % 3.97 % (1) Per share data may be rounded in order to recompute the ending net asset value per share. (2) The per share data was derived by using the weighted average shares outstanding during the applicable period. (3) Actual results may not be indicative of future results. Additionally, an individual Shareholder’s ratios may vary from the ratios presented for a share class as a whole. (4) Weighted average net assets during the applicable period are used for this calculation. (5) Ratios presented after accounting for the accrual of the Performance Participation Allocation. (6) Ratios presented after expenses reimbursed by Manager. (7) The Total return is calculated for each share class as the change in the net asset value for such share class during the period plus any distributions per share declared in the period, and assumes any distributions are reinvested in accordance with our distributio n reinvestment plan. Amounts are not annualized and are not representative of total return as calculated for purposes of the Performance Participation Allocation as described in Note 5 . The Company’s performance changes over time and currently may be different than that shown above. Past performance is no guarantee of future results. Investment performance is presented without regard to sales load that may be incurred by Shareholders in the purchase of the Company’s Shares. The Company did not declare or pay any distributions for the period from August 1, 2023 (commencement of principal operations) through December 31, 2023.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Unregistered Sales of Equity Securities On January 2, 2024, the Company sold the following Investor Shares of the Company (with the final number of shares determined on January 19, 2024) to third party investors for cash: Class Number of Shares Sold Consideration Class R-I Shares 1,298,057 $ 33,586 Class R-U Shares 4,590,083 118,153 Class I Shares 386 10 On February 1, 2024, the Company sold the following Investor Shares of the Company (with the final number of shares determined on February 23, 2024) to third party investors for cash: Class Number of Shares Sold Consideration Class R-D Shares 400,379 $ 10,409 Class R-I Shares 1,620,974 42,140 Class R-U Shares 4,567,769 118,195

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and are stated in United States (“U.S.”) dollars. The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures in these consolidated financial statements. Actual results could differ from those estimates. The Company’s consolidated financial statements are prepared using the accounting and reporting guidance under Accounting Standards Codification 946, Financial Services—Investment Companies (“ASC 946”).
Basis of Consolidation	Basis of Consolidation As provided under Regulation S-X and ASC 946, the Company will generally not consolidate its investment in a company other than a wholly owned investment company or controlled operating company whose business consists of providing services to the Company. Accordingly, the Company consolidates in its consolidated financial statements the accounts of certain wholly owned subsidiaries that meet the criteria. All significant intercompany balances and transactions have been eliminated in consolidation.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consists solely of money market funds with financial institutions that invest in securities with maturities of three or fewer months. As of December 31, 2023, the Company was invested in the Morgan Stanley Institutional Liquidity Funds Government Portfolio. As of December 31, 2022, the Company was invested in the JPMorgan U.S. Government Money Market Fund.
Foreign Currency Translation	Foreign Currency Translation The accounting records of the Company are maintained in U.S. Dollars. The fair value of investments and other assets and liabilities denominated in non-U.S. currencies are translated into U.S. Dollars using the exchange rate at the end of each reporting period. Amounts related to the purchases and sales of investments, investment income and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions. Net unrealized currency gains and losses arising from valuing foreign currency-denominated investments and liabilities at the current exchange rate are reflected as part of net change in unrealized appreciation (depreciation) on foreign currency translation in the Statements of Operations. Foreign security and currency translations may involve certain considerations and risks not typically associated with investing in U.S. companies and U.S. government securities. These risks include, but are not limited to, currency fluctuations and revaluations and future adverse political, social and economic developments, which could cause investments in foreign markets to be less liquid and prices to be more volatile than those of comparable U.S. companies or U.S. government securities.
Organization Costs	Organization costs are expensed as incurred. Organization costs consist of costs incurred to establish the Company and enable it legally to do business.
Offering Costs	Offering costs include registration fees and legal fees regarding the preparation of the initial registration statement. Offering costs are accounted for as deferred costs until operations begin. Offering costs incurred prior to the Company’s Initial Offering (defined below) are amortized over the first twelve months of operations on a straight-line basis.
Valuation of Investments at Fair Value	Valuation of Investments at Fair Value Accounting Standards Codification 820, Fair Value Measurement , defines fair value, establishes a framework for measuring fair value in accordance with GAAP and expands disclosures about fair value. The Company recognizes and accounts for its investments at fair value. The fair value of the investments does not reflect transaction costs that may be incurred upon disposition of investments. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Where available, fair value is based on observable market prices or parameters, or derived from such prices or parameters. Where observable prices or inputs are not available, valuation models are applied. These valuation techniques involve some level of management estimation and judgment, the degree of which is dependent on the price transparency for the instruments or market and the instruments’ complexity for disclosure purposes. Assets and liabilities recorded at fair value on the Statements of Assets and Liabilities are categorized based upon the level of judgment associated with the inputs used to measure their value. Hierarchical levels, as defined under GAAP, are directly related to the amount of subjectivity associated with the inputs to fair valuation of these assets and liabilities, and are as follows: Level I — Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date. Level II — Inputs other than quoted prices included in Level I that are observable for the asset or liability, either directly or indirectly. Level II inputs include quoted prices for similar instruments in active markets, and inputs other than quoted prices that are observable for the asset or liability. Level III — Inputs are unobservable inputs for the asset or liability, and include situations where there is little, if any, market activity for the asset or liability. The inputs into the determination of fair value require significant management judgment or estimation. The valuation of our Level III investments at December 31, 2023 represents management's best estimate of the amounts that we would anticipate realizing on the sale of these investments in an orderly transaction at such date. A significant decrease in the volume and level of activity for the asset or liability is an indication that transactions or quoted prices may not be representative of fair value because in such market conditions there may be increased instances of transactions that are not orderly. In those circumstances, further analysis of transactions or quoted prices is needed, and an adjustment to the transactions or quoted prices may be necessary to estimate fair value. The Board is responsible for overseeing the valuation of the Company's investments at fair value as determined in good faith pursuant to the Company’s valuation policy. The Board has designated the Manager as the Company's valuation designee, with day-to-day responsibility for implementing the portfolio valuation process set forth in the Company’s valuation policy. There is no single standard for determining fair values of holdings that do not have a readily available market price and, in many cases, such fair values may be best expressed as a range of fair values from which a single estimate may be derived in good faith. As a result, determining fair value requires that judgment be applied to the specific facts and circumstances of each acquisition while employing a valuation process that is consistently followed. Determinations of fair value involve subjective judgments and estimates. When making fair value determinations for portfolio companies that do not have readily available market prices, the Manager considers industry-accepted valuation methodologies, such as: (i) an income approach and (ii) a market approach. The income approach derives fair value based on the present value of cash flows that a business or asset is expected to generate in the future. The market approach relies upon valuations for comparable companies, transactions or assets, and includes making judgments about which companies, transactions or assets are comparable. In addition, when a definitive agreement has been executed to sell an investment, the Manager generally considers a significant determinant of fair value to be the consideration to be received pursuant to the executed definitive agreement. A blend of approaches may be relied upon in arriving at an estimate of fair value, though there may be instances where it is more appropriate to utilize one approach. The Manager also considers a range of additional factors that it deems relevant, including a potential sale of a portfolio company, macro and local market conditions, industry information and the portfolio company’s historical and projected financial data. Portfolio companies will generally be valued at transaction price initially; however, to the extent the Manager does not believe a portfolio company’s transaction price reflects the current market value, the Manager will adjust such valuation. When making fair value determinations for portfolio companies, the Manager will update the prior month-end valuations by incorporating the then current market comparables and discount rate inputs, any material changes to the portfolio companies’ financial performance since the valuation date, as well as any cash flow activity related to the portfolio companies during the month. The Manager values portfolio companies using the valuation methodology it deems most appropriate and consistent with widely recognized valuation methodologies and market conditions. When making fair value determinations for assets that do not have a reliable readily available market price, the Manager will engage one or more independent valuation firms to provide positive assurance regarding the reasonableness of such valuations as of the relevant measurement date. However, the Manager is ultimately responsible for determining the fair value of all applicable investments in good faith in accordance with the Company’s valuation policies and procedures. Because assets are valued as of a specified valuation date, events occurring subsequent to that date will not be reflected in the Company’s valuations. However, if information indicating a condition that existed at the valuation date becomes available subsequent to the valuation date and before financial information is publicly released, it will be evaluated to determine whether it would have a material impact requiring adjustment of the final valuation. At least annually, the Manager reviews the appropriateness of the Company’s valuation policies and procedures and will recommend any proposed changes to the Board. From time to time, the Board, and the Manager may adopt changes to the valuation policies and procedures if they determine that such changes are likely to result in a more accurate reflection of estimated fair value.
Income Taxes	Income Taxes The Company operates so that it will qualify to be treated as a partnership for U.S. federal income tax purposes under the Internal Revenue Code of 1986, as amended, and not as a publicly traded partnership taxable as a corporation. As such, it will not be subject to any U.S. federal and state income taxes. In any year, it is possible that the Company will be considered a publicly traded partnership and will not meet the qualifying income exception, which would result in the Company being treated as a publicly traded partnership and taxed as a corporation, rather than a partnership. In such case, the members would then be treated as shareholders in a corporation, and the Company would become taxable as a corporation for U.S. federal, state and/or local income tax purposes. The Company would be required to pay income tax at corporate rates on its net taxable income. In addition, the Company operates, in part, through subsidiaries that may be treated as corporations for U.S. and non-U.S. tax purposes and therefore may be subject to current and deferred U.S. federal, state and/or local income taxes at the subsidiary level. Deferred Income Taxes Income taxes are accounted for using the asset and liability method of accounting. Under this method, deferred tax assets and liabilities are recognized for the expected future tax consequences of differences between the carrying amounts of assets and liabilities and their respective tax basis, using tax rates in effect for the year in which the differences are expected to reverse. The effect on deferred assets and liabilities of a change in tax rates is recognized in the Consolidated Statements of Operations in the period when the change is enacted. Deferred tax assets, which are recorded in Prepaids and other assets within the Consolidated Statements of Assets and Liabilities, are reduced by a valuation allowance when, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax assets will not be realized. When evaluating the realizability of the deferred tax assets, all evidence, both positive and negative, is considered. Items considered when evaluating the need for a valuation allowance include the ability to carry back losses, future reversals of existing temporary differences, tax planning strategies, and expectations of future earnings. For a particular tax‑paying component of an entity and within a particular tax jurisdiction, deferred tax assets and liabilities are offset and presented as a single amount within Prepaids and other assets or Other accrued expenses and liabilities, as applicable. Uncertain Tax Positions
Calculation of Net Asset Value	Calculation of Net Asset Value Net asset value (“NAV”) under GAAP by share class is calculated by subtracting total liabilities for each class from the total carrying amount of all assets for that class, which includes the fair value of investments. At the end of each month, any change in the Company’s NAV (whether an increase or decrease) is allocated among each Share class based on the relative percentage of the previous aggregate NAV for each share class, adjusted for issuances of shares that were effective on the first calendar day of such month and repurchases that were effective on the last calendar day of such month. NAV per share for each class is calculated by dividing the NAV for that class by the total number of outstanding shares of that class on the reporting date. The Manager is ultimately responsible for the Company’s NAV calculations.
Revenue Recognition	Revenue Recognition Dividend income from our portfolio companies is recorded on the ex-dividend date, or, in the absence of a formal declaration of a record date, on the date when cash is received from the relevant portfolio company, but excludes any portion of distributions that are treated as a return of capital. Each distribution received from a portfolio company is evaluated to determine if the distribution should be recorded as dividend income or a return of capital. Distributions that are classified as a return of capital are recorded as a reduction in the cost basis of the investment. Dividend income from money market funds with financial institutions is recorded on an accrual basis to the extent that the Company expects to collect such amounts.
Net Realized Gains or Losses and Net Change in Unrealized Appreciation (Depreciation) on Investments	Net Realized Gains or Losses and Net Change in Unrealized Appreciation (Depreciation) on Investments Without regard to unrealized appreciation or depreciation previously recognized, realized gains or losses will be measured as the difference between the net proceeds from the sale, repayment, or disposal of an asset and the adjusted cost basis of the asset. Net change in unrealized appreciation or depreciation will reflect the change in investment values during the reporting period, including any reversal of previously recorded unrealized appreciation or depreciation when gains or losses are realized.
Derivative Instruments	Derivative Instruments The Company enters into foreign currency forward contracts to hedge against foreign currency exchange rate risk on its non-U.S. dollar denominated securities or to facilitate settlement of foreign currency denominated transactions. A foreign currency forward contract is an agreement between two parties to buy and sell a currency at a set price with delivery and settlement at a future date. These contracts are marked-to-market by recognizing the difference between the contract forward exchange rate and the forward market exchange rate on the last day of the period as unrealized appreciation or depreciation. When a foreign currency forward contract is closed, through either delivery or offset by entering into another foreign currency forward contract, the Company recognizes realized appreciation or depreciation equal to the difference between the value of the contract at the time it was opened and the value of the contract at the time it was closed. Foreign currency forward contracts involve elements of market risk in excess of the amounts reflected on the Statements of Assets and Liabilities. The Company’s primary risk related to hedging is the risk of an unfavorable change in the foreign exchange rate underlying the foreign currency forward contract.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2023
Investment Company [Abstract]
Summarized Infrastructure Assets Financial Information	The following tables presents unaudited summarized financial information for the above portfolio companies in the aggregate in which the Company has an indirect equity interest for the year ended December 31, 2023. Amounts provided do not represent the Company’s proportionate share: December 31, 2023 Cash $ 1,313,260 Other assets 27,990,566 Total assets 29,303,826 Debt 13,802,789 Other liabilities 5,891,753 Total liabilities 19,694,542 Members’ equity $ 9,609,284 For the Year Ended December 31, 2023 Revenues $ 2,465,287 Expenses 2,659,931 Loss before taxes (194,644) Income tax expense 18,206 Consolidated net loss (212,850) Net loss attributable to non-controlling interests (92) Net loss $ (212,942)

Fair Value Measurements - Inv_2

Fair Value Measurements - Investments (Tables)	12 Months Ended
	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value Measurements of Investments, by Major Class	The following table presents fair value measurements of investments, by major class, as of December 31, 2023, according to the fair value hierarchy: Valuation Inputs Investments Level I Level II Level III Fair Value Portfolio companies $ — $ — $ 713,610 $ 713,610 Unrealized depreciation on foreign currency forward contracts — (742) — (742) Unrealized appreciation on foreign currency forward contracts 103 103 Investments in Money Market Funds 18,007 — — 18,007 Total $ 18,007 $ (639) $ 713,610 $ 730,978
Schedule of Reconciliation of Infrastructure Assets, Level III Inputs	The following table provides a reconciliation of the beginning and ending balances for investments that use Level III inputs for the year ended December 31, 2023: Investments Balance as of December 31, 2022 Purchases Net change in unrealized appreciation on investments Net change in unrealized appreciation on foreign currency translation Balance as of December 31, 2023 Portfolio companies $ — $ 703,790 $ 8,523 $ 1,297 $ 713,610 Total $ — $ 703,790 $ 8,523 $ 1,297 $ 713,610
Schedule of Fair Value Measurement Inputs and Valuation Techniques	The following table presents the quantitative information about Level III fair value measurements of the Company’s portfolio companies as of December 31, 2023: Level III Assets Fair Value December 31, 2023 Valuation Methodology and Inputs Unobservable Input(s) (1) Weighted Average (2) Range Impact to Valuation from an Increase in Input (3) Portfolio companies $713,610 Inputs to market comparables, discounted cash flow and transaction price/other Illiquidity Discount 7.4% 5.0% - 15.0% Decrease Weight Ascribed to Market Comparables 25.0% 0.0% - 50.0% (4) Weight Ascribed to Discounted Cash Flow 40.2% 0.0% - 75.0% (5) Weight Ascribed to Transaction Price/Other 34.8% 0.0% - 100.0% (6) Market Comparables Enterprise Value / Forward EBITDA Multiple 14.6x 7.5x - 17.8x Increase Discounted Cash Flow Weighted Average Cost of Capital 11.6% 8.5% - 18.2% Decrease Enterprise Value / LTM EBITDA Exit Multiple 14.9x 8.5x - 17.5x Increase (1) In determining the inputs, management evaluates a variety of factors including economic conditions, industry and market developments, market valuations of comparable companies, and company-specific developments including exit strategies and realization opportunities. The Manager has determined that market participants would take these inputs into account when valuing the investments. “LTM” means Last Twelve Months. (2) Inputs are weighted based on fair value of the investments included in the range. (3) Unless otherwise noted, this column represents the directional change in the fair value of the Level III investments that would result from an increase to the corresponding unobservable input. A decrease to the unobservable input would have the opposite effect. Significant increases and decreases in these inputs in isolation could result in significantly higher or lower fair value measurements. (4) The directional change from an increase in the weight ascribed to the market comparables approach would increase the fair value of the Level III investments if the market comparables approach results in a higher valuation than the discounted cash flow approach and transaction price approach. The opposite would be true if the market comparables approach results in a lower valuation than the discounted cash flow approach and transaction price approach. (5) The directional change from an increase in the weight ascribed to the discounted cash flow approach would increase the fair value of the Level III investments if the discounted cash flow approach results in a higher valuation than the market comparables approach and transaction price approach. The opposite would be true if the discounted cash flow approach results in a lower valuation than the market comparables approach and transaction price approach. (6) The directional change from an increase in the weight ascribed to the transaction price would increase the fair value of the Level III investments if the transaction price results in a higher valuation than the market comparables approach and discounted cash flow approach. The opposite would be true if the transaction price results in a lower valuation than the market comparables approach and discounted cash flow approach. Valuations involve subjective judgments and may not accurately reflect realizable value. The assumptions above are determined by the Manager and reviewed by the Manager’s independent valuation advisor. A change in these assumptions or factors would impact the calculation of the value of our assets.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2023
Related Party Transactions [Abstract]
Schedule of Subject to Recoupment Pursuant to the Expense Limitation Agreement	The following table reflects the amounts incurred by the Company and subject to recoupment pursuant to the Expense Limitation Agreement and the expiration for future possible recoupments by the Company: For the Three Months Ended Amount Last Expiration Date December 31, 2022 $ 3,635 December 31, 2025 March 31, 2023 1,838 March 31, 2026 June 30, 2023 1,938 June 30, 2026 September 30, 2023 3,269 September 30, 2026 December 31, 2023 2,771 December 31, 2026 Total $ 13,451

Shareholders_ Equity (Tables)

Shareholders’ Equity (Tables)	12 Months Ended
	Dec. 31, 2023
Equity [Abstract]
Schedule of Stock by Class	The following table is a summary of the Shares issued and repurchased during the year ended December 31, 2023 and shares outstanding as of December 31, 2023: Shares Outstanding as of December 31, 2022 Shares Issued During the Period Shares Repurchased During the Period Shares Outstanding as of December 31, 2023 Class I Shares — 69,695 — 69,695 Class R-I Shares — 4,452,158 — 4,452,158 Class R-U Shares — 22,941,060 — 22,941,060 Class E Shares — 4,314,539 (4,314,539) — Class F Shares 1,967 — 1,967 Class G Shares 40 — — 40 Class H Shares — 40 — 40 Total 40 31,779,459 (4,314,539) 27,464,960 The consideration from Shares sold and the aggregate purchase price of Shares repurchased pursuant to the Share Repurchase Plan or the KKR Share Repurchase Arrangement for each class of Shares for the year ended December 31, 2023 were as follows: Class I Shares Class R-I Shares Class R-U Shares Class E Shares Class F Shares Class H Share Total Consideration for Shares Issued $ 1,775 $ 113,974 $ 583,390 $ 107,863 $ 51 $ 1 $ 807,054 Aggregate purchase price of Shares repurchased $ — $ — $ — $ (107,863) $ — $ — $ (107,863)

Financial Highlights (Tables)

Financial Highlights (Tables)	12 Months Ended
	Dec. 31, 2023
Investment Company [Abstract]
Schedule of Financial Highlights	The following is a schedule of the financial highlights of the Company attributed to each class of Shares for the period from August 1, 2023 (commencement of principal operations) through December 31, 2023: Class I Shares Class R-I Shares Class R-U Shares Class F Shares Class G Shares Class H Shares Per share data attributed to shares (1) Net asset value per share at beginning of period (August 1, 2023) $ — $ — $ — $ — $ 25.00 $ 25.00 Consideration from the issuance of shares, net 25.47 25.60 25.43 25.90 — — Repurchases of shares (2) — — — — — — Accrued shareholder servicing fees and distribution fees (2) — — (2.67) — — — Net investment income (2) 0.09 0.10 0.02 — — — Net change in unrealized appreciation (2) 0.32 0.17 1.30 0.12 1.02 1.02 Net increase in net assets attributed to shareholders $ 0.41 $ 0.27 $ (1.35) $ 0.12 $ 1.02 $ 1.02 Net asset value per share at the end of period (December 31, 2023) $ 25.88 $ 25.87 $ 24.08 $ 26.02 $ 26.02 $ 26.02 Net assets at end of period (December 31, 2023) 1,804 115,196 550,983 51 1 1 Shares outstanding at end of period (December 31, 2023) 69,695 4,452,158 22,941,060 1,967 40 40 Weighted average shares outstanding at end of period (December 31, 2023) 67,962 2,347,885 15,336,045 1,957 40 40 Ratio/Supplemental data for Shares (not annualized): Ratios to net asset value (3) : Total operating expenses before Performance Participation Allocation (4) 0.32 % 0.41 % 0.48 % 0.19 % 0.40 % 0.40 % Total operating expenses before expenses reimbursed by Manager (4) (5) 1.21 % 1.46 % 2.11 % 0.68 % 1.81 % 1.81 % Total operating expenses after expenses reimbursed by Manager (4) (5) 0.37 % 0.41 % 0.88 % 0.19 % 0.40 % 0.40 % Total operating expenses after Performance Participation Allocation (4) (6) 0.37 % 0.41 % 0.88 % 0.19 % 0.40 % 0.40 % Net investment income (4) 0.35 % 0.39 % 0.10 % 0.25 % 0.76 % 0.76 % Total GAAP return attributed to Shares based on net asset value (4) (7) 1.63 % 2.02 % (8.72) % 0.47 % 3.97 % 3.97 % (1) Per share data may be rounded in order to recompute the ending net asset value per share. (2) The per share data was derived by using the weighted average shares outstanding during the applicable period. (3) Actual results may not be indicative of future results. Additionally, an individual Shareholder’s ratios may vary from the ratios presented for a share class as a whole. (4) Weighted average net assets during the applicable period are used for this calculation. (5) Ratios presented after accounting for the accrual of the Performance Participation Allocation. (6) Ratios presented after expenses reimbursed by Manager. (7) The Total return is calculated for each share class as the change in the net asset value for such share class during the period plus any distributions per share declared in the period, and assumes any distributions are reinvested in accordance with our distributio n reinvestment plan. Amounts are not annualized and are not representative of total return as calculated for purposes of the Performance Participation Allocation as described in Note 5 . The Company’s performance changes over time and currently may be different than that shown above. Past performance is no guarantee of future results. Investment performance is presented without regard to sales load that may be incurred by Shareholders in the purchase of the Company’s Shares. The Company did not declare or pay any distributions for the period from August 1, 2023 (commencement of principal operations) through December 31, 2023.

Subsequent Events (Tables)

Subsequent Events (Tables)	12 Months Ended
	Dec. 31, 2023
Subsequent Events [Abstract]
Schedule of Subsequent Events	On January 2, 2024, the Company sold the following Investor Shares of the Company (with the final number of shares determined on January 19, 2024) to third party investors for cash: Class Number of Shares Sold Consideration Class R-I Shares 1,298,057 $ 33,586 Class R-U Shares 4,590,083 118,153 Class I Shares 386 10 On February 1, 2024, the Company sold the following Investor Shares of the Company (with the final number of shares determined on February 23, 2024) to third party investors for cash: Class Number of Shares Sold Consideration Class R-D Shares 400,379 $ 10,409 Class R-I Shares 1,620,974 42,140 Class R-U Shares 4,567,769 118,195

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details) - USD ($)	1 Months Ended		12 Months Ended
	Dec. 31, 2022		Dec. 31, 2023
Accounting Policies [Abstract]
Organization costs	$ 3,635,000	[1]	$ 4,589,000
Offering cost amortization (in months)			12 months
Offering costs			$ 1,396,000
Deferred offering costs amortization	0	[1]	581,000
Unrealized depreciation on foreign currency forward contracts	0		103,000
Unrealized gain (loss) on derivatives, after tax	0	[1]	(639,000)
Derivative liability	$ 0		$ 742,000
Performance Participation Allocation, Total Return Percentage
Related Party Transaction [Line Items]
Expenses rate ( as percent)			15%
Performance Participation Allocation, Total Return Percentage | Class H Shares
Related Party Transaction [Line Items]
Expenses rate ( as percent)			15%
Performance Participation Allocation, Percentage of Annual Hurdle Amount | Class H Shares
Related Party Transaction [Line Items]
Expenses rate ( as percent)			5%
Performance Participation Allocation, Catch-Up Percentage | Class H Shares
Related Party Transaction [Line Items]
Expenses rate ( as percent)			100%
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Investments (Details)

Investments (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Dec. 31, 2022		Dec. 31, 2023
Investment Company, Nonconsolidated Subsidiary [Line Items]
Total assets	$ 3,794		$ 746,536
Total liabilities	3,793		78,500
Members’ equity	1		668,036
Net increase in net assets from operations	$ 0	[1]	9,793
Investment Company, Nonconsolidated Subsidiaries
Investment Company, Nonconsolidated Subsidiary [Line Items]
Cash			1,313,260
Other assets			27,990,566
Total assets			29,303,826
Debt			13,802,789
Other liabilities			5,891,753
Total liabilities			19,694,542
Members’ equity			9,609,284
Revenues			2,465,287
Expenses			2,659,931
Loss before taxes			(194,644)
Income tax expense			18,206
Consolidated net loss			(212,850)
Net loss attributable to non-controlling interests			(92)
Net increase in net assets from operations			$ (212,942)
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Fair Value Measurements - Inv_3

Fair Value Measurements - Investments - Schedule of Fair Value Measurements of Investments by Major Class (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Portfolio companies	$ 713,610,000	$ 0
Unrealized depreciation on foreign currency forward contracts	(742,000)	0
Unrealized appreciation on foreign currency forward contracts	103,000	$ 0
Investments in Money Market Funds	18,007,000
Total Investments	730,978,000
Level I
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Portfolio companies	0
Unrealized depreciation on foreign currency forward contracts	0
Unrealized appreciation on foreign currency forward contracts
Investments in Money Market Funds	18,007,000
Total Investments	18,007,000
Level II
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Portfolio companies	0
Unrealized depreciation on foreign currency forward contracts	(742,000)
Unrealized appreciation on foreign currency forward contracts	103,000
Investments in Money Market Funds	0
Total Investments	(639,000)
Level III
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Portfolio companies	713,610,000
Unrealized depreciation on foreign currency forward contracts	0
Unrealized appreciation on foreign currency forward contracts
Investments in Money Market Funds	0
Total Investments	$ 713,610,000

Fair Value Measurements - Inv_4

Fair Value Measurements - Investments - Schedule of Investment Holdings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Infrastructure Assets [Roll Forward]
Balance as of December 31, 2022	$ 0
Purchases	703,790
Net change in unrealized appreciation on investments	8,523
Net change in unrealized appreciation on foreign currency translation	1,297
Balance as of December 31, 2023	713,610
Portfolio companies
Infrastructure Assets [Roll Forward]
Balance as of December 31, 2022	0
Purchases	703,790
Net change in unrealized appreciation on investments	8,523
Net change in unrealized appreciation on foreign currency translation	1,297
Balance as of December 31, 2023	$ 713,610

Fair Value Measurements - Inv_5

Fair Value Measurements - Investments - Narratives (Details) - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Dec. 31, 2022	[1]	Dec. 31, 2023
Fair Value Disclosures [Abstract]
Investments	$ 0		$ 8,523
Foreign currency translation	$ 0		$ 1,297
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Fair Value Measurements - Inv_6

Fair Value Measurements - Investments - Quantitative Information (Details) $ in Thousands	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Portfolio companies	$ 713,610	$ 0
Level III
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Portfolio companies	$ 713,610
Weighted Average | Level III | Illiquidity Discount
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.074
Weighted Average | Level III | Weight Ascribed to Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.250
Weighted Average | Level III | Weight Ascribed to Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.402
Weighted Average | Level III | Weight Ascribed to Transaction Price/Other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.348
Weighted Average | Level III | Enterprise Value / Forward EBITDA Multiple | Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	14.6
Weighted Average | Level III | Weighted Average Cost of Capital | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.116
Weighted Average | Level III | Enterprise Value / LTM EBITDA Exit Multiple | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	14.9
Minimum | Level III | Illiquidity Discount
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.050
Minimum | Level III | Weight Ascribed to Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0
Minimum | Level III | Weight Ascribed to Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0
Minimum | Level III | Weight Ascribed to Transaction Price/Other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0
Minimum | Level III | Enterprise Value / Forward EBITDA Multiple | Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	7.5
Minimum | Level III | Weighted Average Cost of Capital | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.085
Minimum | Level III | Enterprise Value / LTM EBITDA Exit Multiple | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	8.5
Maximum | Level III | Illiquidity Discount
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.150
Maximum | Level III | Weight Ascribed to Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.500
Maximum | Level III | Weight Ascribed to Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.750
Maximum | Level III | Weight Ascribed to Transaction Price/Other
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	1
Maximum | Level III | Enterprise Value / Forward EBITDA Multiple | Market Comparables
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	17.8
Maximum | Level III | Weighted Average Cost of Capital | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	0.182
Maximum | Level III | Enterprise Value / LTM EBITDA Exit Multiple | Discounted Cash Flow
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Investments, measurement input (as a percent)	17.5

Related Party Transactions - Na

Related Party Transactions - Narratives (Details) - USD ($)

1 Months Ended

3 Months Ended

12 Months Ended

15 Months Ended

Dec. 31, 2023

Dec. 21, 2023

Dec. 20, 2023

Aug. 31, 2023

Aug. 01, 2023

Jul. 27, 2023

Dec. 06, 2022

Dec. 31, 2022

Dec. 31, 2023

Sep. 30, 2023

Jun. 30, 2023

Mar. 31, 2023

Dec. 31, 2022

Dec. 31, 2023

Dec. 31, 2023

Related Party Transaction [Line Items]

Number of shares sold

31,779,459

Consideration from the issuance of shares

$ 807,054,000

Number of shares repurchased (in shares)

4,314,539

Aggregate purchase price of shares repurchased

$ 107,863,000

Drawings from line of credit

19,200,000

Interest expense

$ 0

[1]

52,000

Management fee expense, net

0

[1]

459,000

Accrued performance participation allocation

$ 1,508,000

0

$ 1,508,000

$ 0

1,508,000

$ 1,508,000

Performance participation allocation

0

[1]

1,508,000

Accrued shareholder servicing fees and distribution fees

40,309,000

0

40,309,000

0

40,309,000

40,309,000

Reimbursed expenses

3,635,000

[1]

9,816,000

Due from Manager

$ 13,451,000

$ 3,635,000

$ 13,451,000

$ 3,635,000

$ 13,451,000

$ 13,451,000

Other Receivable, after Allowance for Credit Loss, Related Party, Type [Extensible Enumeration]

Manager

Manager

Manager

Manager

Manager

Manager

Due to Manager

$ 14,471,000

$ 0

$ 14,471,000

$ 0

$ 14,471,000

$ 14,471,000

Accounts Payable, Related Party, Type [Extensible Enumeration]

Manager

Manager

Manager

Manager

Manager

Manager

Performance Participation Allocation, Total Return Percentage

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

15%

Performance Participation Allocation, Percentage of Excess Profits

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

100%

Performance Participation Allocation, Percentage of Remaining Excess Profits

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

15%

Class G Shares

Related Party Transaction [Line Items]

Number of shares sold

0

Number of shares repurchased (in shares)

0

Class H Shares

Related Party Transaction [Line Items]

Number of shares sold

40

Consideration from the issuance of shares

$ 1,000

Number of shares repurchased (in shares)

0

Aggregate purchase price of shares repurchased

$ 0

Class H Shares | Performance Participation Allocation, Total Return Percentage

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

15%

Class H Shares | Performance Participation Allocation, Percentage of Annual Hurdle Amount

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

5%

Class H Shares | Performance Participation Allocation, Catch-Up Percentage

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

100%

Class E Shares

Related Party Transaction [Line Items]

Number of shares sold

4,314,539

Consideration from the issuance of shares

$ 107,863,000

Number of shares repurchased (in shares)

4,314,539

Aggregate purchase price of shares repurchased

$ 107,863,000

Class R-U Shares

Related Party Transaction [Line Items]

Number of shares sold

22,941,060

Consideration from the issuance of shares

$ 583,390,000

Number of shares repurchased (in shares)

0

Aggregate purchase price of shares repurchased

$ 0

Class R-U Shares | Distribution Fees and Servicing Fees

Related Party Transaction [Line Items]

Accrued shareholder servicing fees and distribution fees

$ 40,309,000

$ 40,309,000

$ 40,309,000

$ 40,309,000

Class I Shares

Related Party Transaction [Line Items]

Number of shares sold

69,695

Consideration from the issuance of shares

$ 1,775,000

Number of shares repurchased (in shares)

0

Aggregate purchase price of shares repurchased

$ 0

Class R-I Shares

Related Party Transaction [Line Items]

Number of shares sold

4,452,158

Consideration from the issuance of shares

$ 113,974,000

Number of shares repurchased (in shares)

0

Aggregate purchase price of shares repurchased

$ 0

Class F Shares

Related Party Transaction [Line Items]

Number of shares sold

1,967

Consideration from the issuance of shares

$ 51,000

Number of shares repurchased (in shares)

0

Aggregate purchase price of shares repurchased

$ 0

Affiliated Entity

Related Party Transaction [Line Items]

Initial offering period

60 months

Minimum aggregate subscriptions required

$ 100,000,000

Minimum aggregate subscription, purchase period (in months)

12 months

Gross management fee

1,927,000

Management fee offset

1,468,000

Management fee expense, net

459,000

Unapplied credits

12,403,000

12,403,000

$ 12,403,000

12,403,000

Reimbursed expenses

$ 2,771,000

$ 3,269,000

$ 1,938,000

$ 1,838,000

$ 3,635,000

$ 13,451,000

Affiliated Entity | Management Fee Percentage Attributable to Class S, D, U and I Shares

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

1.25%

Affiliated Entity | Management Fee Percentage Attributable to Class R-S, R-D, Class R-U and R-I Shares Following Acceptance of Initial Subscription of Shares

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

1%

Affiliated Entity | Management Fee Percentage Attributable to Class R-S, R-D, R-U and R-I Shares Following Acceptance of Initial Subscription of Shares

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

1.25%

Affiliated Entity | KKR Group Asset Holdings III L.P. | Class G Shares

Related Party Transaction [Line Items]

Number of shares sold

40

Consideration from the issuance of shares

$ 1,000

Price per share (in dollars per share)

$ 25

Affiliated Entity | KKR Alternative Assets LLC

Related Party Transaction [Line Items]

Line of credit facility, maximum borrowing capacity

$ 300,000,000

Line of credit facility, extension option, period

6 months

Drawings from line of credit

$ 19,200,000

Interest expense

$ 52,000

Affiliated Entity | KKR Alternative Assets LLC | Line of Credit

Related Party Transaction [Line Items]

Interest rate

0%

Affiliated Entity | KKR Alternative Assets LLC | Maximum | Line of Credit

Related Party Transaction [Line Items]

Debt term

364 days

Scheduled repayment period

364 days

Affiliated Entity | KKR Alternative Assets LLC | Minimum | Line of Credit

Related Party Transaction [Line Items]

Scheduled repayment period

180 days

Affiliated Entity | KKR Alternative Assets LLC | SOFR | Line of Credit

Related Party Transaction [Line Items]

Basis spread on variable rate (as a percent)

3.50%

Affiliated Entity | KKR Alternative Assets LLC | Class E Shares

Related Party Transaction [Line Items]

Number of shares sold

4,314,539

Consideration from the issuance of shares

$ 107,863,000

Price per share (in dollars per share)

$ 25

Number of shares repurchased (in shares)

4,314,539

Repurchase price per share (in dollars per share)

$ 25

Aggregate purchase price of shares repurchased

$ 107,863,000

Affiliated Entity | KKR Capital Markets LLC | Class S, U, R-S and R-U Shares | Distribution Fees and Servicing Fees

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0.85%

Affiliated Entity | KKR Capital Markets LLC | Class S, U, R-S and R-U Shares | Distribution Fee

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0.60%

Affiliated Entity | KKR Capital Markets LLC | Class S, U, R-S and R-U Shares | Shareholder Servicing Fee

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0.25%

Affiliated Entity | KKR Capital Markets LLC | Class D And R-D Shares | Shareholder Servicing Fee

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0.25%

Affiliated Entity | KKR Capital Markets LLC | Class I, Class R-I, Class E, Class Fs, Class G Or Class H Shares | Distribution Fees and Servicing Fees

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0%

Subsidiaries | K-Prime GP LLC | Class H Shares

Related Party Transaction [Line Items]

Number of shares sold

40

Consideration from the issuance of shares

$ 1,000

Price per share (in dollars per share)

$ 25

Manager | Expense Limitation and Reimbursement Agreement

Related Party Transaction [Line Items]

Related party transaction, term

3 years

Manager | Expense Limitation and Reimbursement Agreement | Maximum

Related Party Transaction [Line Items]

Related party transaction rate (as a percent)

0.60%

[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Related Party Transactions - Sc

Related Party Transactions - Schedule of Subject to Recoupment Pursuant to the Expense Limitation Agreement (Details) - USD ($) $ in Thousands	1 Months Ended		3 Months Ended					12 Months Ended	15 Months Ended
	Dec. 31, 2022	[1]	Dec. 31, 2023	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Reimbursed expenses	$ 3,635							$ 9,816
Affiliated Entity
Related Party Transaction [Line Items]
Reimbursed expenses			$ 2,771	$ 3,269	$ 1,938	$ 1,838	$ 3,635		$ 13,451
[1]Represents the period from December 6, 2022 (date of formation) to December 31, 2022

Shareholders_ Equity - Schedule

Shareholders’ Equity - Schedule of Shares Issued and Repurchased (Details)	12 Months Ended
	Dec. 31, 2023 shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	40
Shares Issued During the Period (in shares)	31,779,459
Shares Repurchased During the Period (in shares)	(4,314,539)
Shares Outstanding as of End of Period (in shares)	27,464,960
Class I Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	0
Shares Issued During the Period (in shares)	69,695
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	69,695
Class R-I Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	0
Shares Issued During the Period (in shares)	4,452,158
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	4,452,158
Class R-U Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	0
Shares Issued During the Period (in shares)	22,941,060
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	22,941,060
Class E Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	0
Shares Issued During the Period (in shares)	4,314,539
Shares Repurchased During the Period (in shares)	(4,314,539)
Shares Outstanding as of End of Period (in shares)	0
Class F Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)
Shares Issued During the Period (in shares)	1,967
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	1,967
Class G Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	40
Shares Issued During the Period (in shares)	0
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	40
Class H Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Shares Outstanding as of Beginning of Period (in shares)	0
Shares Issued During the Period (in shares)	40
Shares Repurchased During the Period (in shares)	0
Shares Outstanding as of End of Period (in shares)	40

Shareholders_ Equity - Schedu_2

Shareholders’ Equity - Schedule of Shares Sold and Aggregate Purchase Price of Shares Repurchased (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Class of Stock [Line Items]
Consideration for Shares Issued	$ 807,054
Aggregate purchase price of Shares repurchased	(107,863)
Class I Shares
Class of Stock [Line Items]
Consideration for Shares Issued	1,775
Aggregate purchase price of Shares repurchased	0
Class R-I Shares
Class of Stock [Line Items]
Consideration for Shares Issued	113,974
Aggregate purchase price of Shares repurchased	0
Class R-U Shares
Class of Stock [Line Items]
Consideration for Shares Issued	583,390
Aggregate purchase price of Shares repurchased	0
Class E Shares
Class of Stock [Line Items]
Consideration for Shares Issued	107,863
Aggregate purchase price of Shares repurchased	(107,863)
Class F Shares
Class of Stock [Line Items]
Consideration for Shares Issued	51
Aggregate purchase price of Shares repurchased	0
Class H Shares
Class of Stock [Line Items]
Consideration for Shares Issued	1
Aggregate purchase price of Shares repurchased	$ 0

Shareholders_ Equity - Narrativ

Shareholders’ Equity - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
	Aug. 31, 2023	Dec. 31, 2023
Class of Stock [Line Items]
Number of shares repurchased (in shares)		4,314,539
Aggregate purchase price of shares repurchased		$ 107,863
Class S, Class D, Class U, Class I, Class R-S, Class R-D, Class R-U, Class R-I or Class F Shares
Class of Stock [Line Items]
Share repurchase limitation, maximum percentage		5%
Class E Shares
Class of Stock [Line Items]
Number of shares repurchased (in shares)		4,314,539
Aggregate purchase price of shares repurchased		$ 107,863
Class E Shares | KKR Alternative Assets LLC | Affiliated Entity
Class of Stock [Line Items]
Number of shares repurchased (in shares)	4,314,539
Repurchase price per share (in dollars per share)	$ 25
Aggregate purchase price of shares repurchased	$ 107,863

Commitments and Contingencies (

Commitments and Contingencies (Details)	Dec. 31, 2023 USD ($)
Unfunded Commitment
Other Commitments [Line Items]
Other commitment	$ 8,833,000

Financial Highlights (Details)

Financial Highlights (Details) - USD ($) $ / shares in Units, $ in Thousands	5 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Per share data attributed to shares
Net assets at end of period (December 31, 2023)	$ 668,036	$ 1
Shares outstanding (in shares)	27,464,960	40
Class I Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 0
Consideration from the issuance of shares, net (in usd per share)	25.47
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	0
Net investment income (in usd per share)	0.09
Net change in unrealized appreciation (in usd per share)	0.32
Net increase in net assets attributed to shareholders (in usd per share)	0.41
Net asset value per share at end of period (in usd per share)	$ 25.88
Net assets at end of period (December 31, 2023)	$ 1,804	$ 0
Shares outstanding (in shares)	69,695	0
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.32%
Total operating expenses before expenses reimbursed by Manager (as a percent)	1.21%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.37%
Total operating expenses after Performance Participation Allocation (as a percent)	0.37%
Net investment income (as a percent)	0.35%
Total GAAP return attributed to Shares based on net asset value (as a percent)	1.63%
Class I Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	67,962
Class R-I Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 0
Consideration from the issuance of shares, net (in usd per share)	25.60
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	0
Net investment income (in usd per share)	0.10
Net change in unrealized appreciation (in usd per share)	0.17
Net increase in net assets attributed to shareholders (in usd per share)	0.27
Net asset value per share at end of period (in usd per share)	$ 25.87
Net assets at end of period (December 31, 2023)	$ 115,196	$ 0
Shares outstanding (in shares)	4,452,158	0
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.41%
Total operating expenses before expenses reimbursed by Manager (as a percent)	1.46%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.41%
Total operating expenses after Performance Participation Allocation (as a percent)	0.41%
Net investment income (as a percent)	0.39%
Total GAAP return attributed to Shares based on net asset value (as a percent)	2.02%
Class R-I Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	2,347,885
Class R-U Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 0
Consideration from the issuance of shares, net (in usd per share)	25.43
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	(2.67)
Net investment income (in usd per share)	0.02
Net change in unrealized appreciation (in usd per share)	1.30
Net increase in net assets attributed to shareholders (in usd per share)	(1.35)
Net asset value per share at end of period (in usd per share)	$ 24.08
Net assets at end of period (December 31, 2023)	$ 550,983	$ 0
Shares outstanding (in shares)	22,941,060	0
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.48%
Total operating expenses before expenses reimbursed by Manager (as a percent)	2.11%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.88%
Total operating expenses after Performance Participation Allocation (as a percent)	0.88%
Net investment income (as a percent)	0.10%
Total GAAP return attributed to Shares based on net asset value (as a percent)	(8.72%)
Class R-U Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	15,336,045
Class F Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 0
Consideration from the issuance of shares, net (in usd per share)	25.90
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	0
Net investment income (in usd per share)	0
Net change in unrealized appreciation (in usd per share)	0.12
Net increase in net assets attributed to shareholders (in usd per share)	0.12
Net asset value per share at end of period (in usd per share)	$ 26.02
Net assets at end of period (December 31, 2023)	$ 51	$ 0
Shares outstanding (in shares)	1,967
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.19%
Total operating expenses before expenses reimbursed by Manager (as a percent)	0.68%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.19%
Total operating expenses after Performance Participation Allocation (as a percent)	0.19%
Net investment income (as a percent)	0.25%
Total GAAP return attributed to Shares based on net asset value (as a percent)	0.47%
Class F Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	1,957
Class G Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 25
Consideration from the issuance of shares, net (in usd per share)	0
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	0
Net investment income (in usd per share)	0
Net change in unrealized appreciation (in usd per share)	1.02
Net increase in net assets attributed to shareholders (in usd per share)	1.02
Net asset value per share at end of period (in usd per share)	$ 26.02
Net assets at end of period (December 31, 2023)	$ 1	$ 1
Shares outstanding (in shares)	40	40
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.40%
Total operating expenses before expenses reimbursed by Manager (as a percent)	1.81%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.40%
Total operating expenses after Performance Participation Allocation (as a percent)	0.40%
Net investment income (as a percent)	0.76%
Total GAAP return attributed to Shares based on net asset value (as a percent)	3.97%
Class G Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	40
Class H Shares
Per share data attributed to shares
Net asset value per share at beginning of period (in usd per share)	$ 25
Consideration from the issuance of shares, net (in usd per share)	0
Repurchases of shares (in usd per share)	0
Accrued shareholder servicing fees and distribution fees (in usd per share)	0
Net investment income (in usd per share)	0
Net change in unrealized appreciation (in usd per share)	1.02
Net increase in net assets attributed to shareholders (in usd per share)	1.02
Net asset value per share at end of period (in usd per share)	$ 26.02
Net assets at end of period (December 31, 2023)	$ 1	$ 0
Shares outstanding (in shares)	40	0
Ratios to net asset value:
Total operating expenses before Performance Participation Allocation (as a percent)	0.40%
Total operating expenses before expenses reimbursed by Manager (as a percent)	1.81%
Total operating expenses after expenses reimbursed by Manager (as a percent)	0.40%
Total operating expenses after Performance Participation Allocation (as a percent)	0.40%
Net investment income (as a percent)	0.76%
Total GAAP return attributed to Shares based on net asset value (as a percent)	3.97%
Class H Shares | Weighted Average
Per share data attributed to shares
Shares outstanding (in shares)	40

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Thousands			12 Months Ended
	Feb. 01, 2024	Jan. 02, 2024	Dec. 31, 2023
Subsequent Event [Line Items]
Number of shares sold			31,779,459
Consideration			$ 807,054
Class R-I Shares
Subsequent Event [Line Items]
Number of shares sold			4,452,158
Consideration			$ 113,974
Class R-U Shares
Subsequent Event [Line Items]
Number of shares sold			22,941,060
Consideration			$ 583,390
Class I Shares
Subsequent Event [Line Items]
Number of shares sold			69,695
Consideration			$ 1,775
Subsequent Event | Class R-I Shares
Subsequent Event [Line Items]
Number of shares sold	1,620,974	1,298,057
Consideration	$ 42,140	$ 33,586
Subsequent Event | Class R-U Shares
Subsequent Event [Line Items]
Number of shares sold	4,567,769	4,590,083
Consideration	$ 118,195	$ 118,153
Subsequent Event | Class I Shares
Subsequent Event [Line Items]
Number of shares sold		386
Consideration		$ 10
Subsequent Event | Class R-D Shares
Subsequent Event [Line Items]
Number of shares sold	400,379
Consideration	$ 10,409