Overland Advantage 10-Q 14 Aug 24 2024 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2024	Aug. 14, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q2
Entity Registrant Name	Overland Advantage
Entity Incorporation, State or Country Code	DE
Entity Central Index Key	0001965934
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Shell Company	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity File Number	814-01698
Entity Tax Identification Number	92-6424189
Entity Address, Address Line One	375 Park Avenue
Entity Address, Address Line Two	11th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10152-0002
City Area Code	212
Local Phone Number	672-5088
Entity Common Stock, Shares Outstanding		8,171,547

Consolidated Statements of Asse

Consolidated Statements of Assets and Liabilities - USD ($) $ in Thousands	Jun. 30, 2024	Mar. 31, 2024	Dec. 31, 2023
Assets
Non-controlled/non-affiliated investments, at fair value (amortized cost of $346,841 and $0, respectively)	$ 344,676
Cash and cash equivalents	11,255		$ 10
Deferred offering costs	4,004		3,665
Deferred financing costs	3,042
Interest receivable on investments	2,171
Other assets	644		151
Prepaid Insurance	451
Receivable for paydowns of investments	140
Total Assets	366,383		3,826
Liabilities
Payable for unsettled purchases	166,210
Payable to affiliates	5,913		3,816
Interest payable	493
Management fee payable	345		0
Total Liabilities	172,961		3,816
Commitments and contingencies (Note 8)
Net Assets
Common shares of beneficial interest, $0.001 par value, unlimited shares authorized, 7,760,000 issued and outstanding	8
Paid-in-capital in excess of par value	193,992		10
Distributable earnings (loss)	(578)
Total net assets	193,422		10
Total liabilities and net assets	$ 366,383		$ 3,826
Net asset value per share	$ 24.93		$ 25

Consolidated Statements of As_2

Consolidated Statements of Assets and Liabilities (Parenthetical) - USD ($)	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Amortized cost	$ 346,841,000	$ 0
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	Unlimited	Unlimited
Common stock, issued	7,760,000	400
Common stock, outstanding	7,760,000	400
Common stock value	$ 8,000
Maximum
Common stock value		$ 1,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Income Statement [Abstract]
Interest income	$ 3,393	$ 3,393
Total investment income	3,393	3,393
Expenses
Interest and debt financing costs	779	779
Amortization of offering costs	713	713
Management fees	345	345
Organization expenses	0	33
Other general and administrative expenses	2,707	2,897
Professional fees	404	904
Trustees' fees	163	325
Total expenses	5,111	5,996
Less advisor expense support (Note 4)	(3,305)	(4,190)
Net expenses	1,806	1,806
Net investment income (loss)	1,587	1,587
Net change in unrealized appreciation (depreciation):
Non-controlled/non-affiliated investments	(2,165)	(2,165)
Net change in unrealized appreciation(depreciation)	(2,165)	(2,165)
Net realized and unrealized gain (loss)	(2,165)	(2,165)
Net increase (decrease) in net assets from operations	$ (578)	$ (578)

Consolidated Statements of Chan

Consolidated Statements of Changes in Net Assets (Unaudited) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Statement of Stockholders' Equity [Abstract]
Net assets at beginning of period		$ 10
Operations:
Net investment income (loss)	$ 1,587	1,587
Net change in unrealized appreciation (depreciation)	(2,165)	(2,165)
Net increase (decrease) in net assets from operations	(578)	(578)
Capital share transactions:
Issuance of common shares	193,990	193,990
Net increase (decrease) in net assets from capital transactions	193,990	193,990
Net increase (decrease) in net assets for the period	193,412	193,412
Net assets at end of period	$ 193,422	$ 193,422

Consolidated Statement of Cash

Consolidated Statement of Cash Flows (Unaudited) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Cash flows from operating activities:
Net increase (decrease) in net assets from operations	$ (578)
Adjustments to reconcile net increase (decrease) in net assets resulting from operations to net cash provided by (used in) operating activities:
Purchase of investments	(349,843)
Proceeds from sales of investments and principal repayments	3,002
Net change in unrealized (appreciation) depreciation	2,165
Amortization of debt issuance costs	287
Amortization of deferred financing costs	713
Changes in operating assets and liabilities:
(Increase) decrease in prepaid insurance	(451)
(Increase) decrease in other assets	(493)
(Increase) decrease in interest receivable on investments	(2,171)
(Increase) decrease in receivable for paydowns of investments	(140)
Increase (decrease) in management fees payable	345
Increase (decrease) in payable to affiliates	911	[1]
Increase (decrease) in payable for unsettled purchases	166,210
Increase (decrease) in interest payable	493
Net cash provided by (used in) operating activities	(179,550)
Cash flows from financing activities:
Proceeds from issuance of common shares	193,990
Deferred financing costs	(3,195)
Net cash provided by (used in) financing activities	190,795
Net increase (decrease) in cash and cash equivalents	11,245
Cash and cash equivalents, beginning of period	10
Cash and cash equivalents, end of period	11,255
Supplemental and Non-Cash Financing Activites
Accrued but unpaid deferred financing costs	134
Accrued but unpaid deferred offering costs	$ 1,052
[1] Increases in payable to affiliates is reduced by the accrued but unpaid deferred financing and offering costs.

Consolidated Schedule of Invest

Consolidated Schedule of Investments (Unaudited) $ in Thousands	Jun. 30, 2024 USD ($)
Schedule of Investments [Line Items]
Amortized Cost	$ 346,841
Fair Value	$ 344,676
Percentage of Net Assets	178%
Investment, Identifier [Axis]: Cash Equivalents BlackRock Liquidity FedFund - Institutional
Schedule of Investments [Line Items]
Amortized Cost	$ 11,226	[1],[2],[3],[4]
Fair Value	$ 11,226	[1],[3],[4],[5]
Percentage of Net Assets	5.80%	[1],[3],[4]
Investment, Identifier [Axis]: Investments
Schedule of Investments [Line Items]
Amortized Cost	$ 346,841	[1],[2],[3],[4]
Fair Value	$ 344,676	[1],[3],[4],[5]
Percentage of Net Assets	178.22%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Automobile Components
Schedule of Investments [Line Items]
Amortized Cost	$ 15,051	[1],[2],[3],[4]
Fair Value	$ 14,935	[1],[3],[4],[5]
Percentage of Net Assets	7.73%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Automobile Components LS Group OpCo Acquistion LLC First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 4/23/2031
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[6]
Maturity Date	Apr. 23, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 7,000	[1],[3],[4],[6]
Amortized Cost	7,044	[1],[2],[3],[4],[6]
Fair Value	$ 6,994	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.62%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Automobile Components Realtruck Group Inc First lien senior secured term loan Interest Rate SOFR + 3.50% Maturity Date 1/31/2028
Schedule of Investments [Line Items]
Interest rate	3.50%	[1],[3],[4],[6]
Maturity Date	Jan. 31, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 7,979	[1],[3],[4],[6]
Amortized Cost	8,007	[1],[2],[3],[4],[6]
Fair Value	$ 7,941	[1],[3],[4],[5],[6]
Percentage of Net Assets	4.11%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Building Products Chariot Buyer LLC First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 11/03/2028
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[6]
Maturity Date	Nov. 03, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 5,985	[1],[3],[4],[6]
Amortized Cost	5,997	[1],[2],[3],[4],[6]
Fair Value	$ 5,977	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Chemicals Lummus Technology Holdings V LLC First lien senior secured term loan Interest Rate SOFR + 3.50% Maturity Date 12/31/2029
Schedule of Investments [Line Items]
Interest rate	3.50%	[1],[3],[4],[6]
Maturity Date	Dec. 31, 2029	[1],[3],[4],[6]
Principal/Par Amount	$ 6,983	[1],[3],[4],[6]
Amortized Cost	7,034	[1],[2],[3],[4],[6]
Fair Value	$ 7,005	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.62%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Commercial Services & Supplies
Schedule of Investments [Line Items]
Amortized Cost	$ 15,868	[1],[2],[3],[4]
Fair Value	$ 15,754	[1],[3],[4],[5]
Percentage of Net Assets	8.15%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Commercial Services & Supplies Asurion LLC First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 12/23/2026
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[6]
Maturity Date	Dec. 23, 2026	[1],[3],[4],[6]
Principal/Par Amount	$ 7,979	[1],[3],[4],[6]
Amortized Cost	7,948	[1],[2],[3],[4],[6]
Fair Value	$ 7,906	[1],[3],[4],[5],[6]
Percentage of Net Assets	4.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Commercial Services & Supplies CoreLogic Inc First lien senior secured term loan Interest Rate SOFR + 3.50% Maturity Date 6/02/2028
Schedule of Investments [Line Items]
Interest rate	3.50%	[1],[3],[4],[7]
Maturity Date	Jun. 02, 2028	[1],[3],[4],[7]
Principal/Par Amount	$ 7,979	[1],[3],[4],[7]
Amortized Cost	7,920	[1],[2],[3],[4],[7]
Fair Value	$ 7,848	[1],[3],[4],[5],[7]
Percentage of Net Assets	4.06%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Construction & Engineering Oscar Acquisitionco LLC First lien senior secured term loan Interest Rate SOFR + 4.25% Maturity Date 4/29/2029
Schedule of Investments [Line Items]
Interest rate	4.25%	[1],[3],[4],[7]
Maturity Date	Apr. 29, 2029	[1],[3],[4],[7]
Principal/Par Amount	$ 8,977	[1],[3],[4],[7]
Amortized Cost	9,011	[1],[2],[3],[4],[7]
Fair Value	$ 8,966	[1],[3],[4],[5],[7]
Percentage of Net Assets	4.64%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Construction Materia
Schedule of Investments [Line Items]
Interest rate	2.50%	[1],[3],[4],[7],[8]
Maturity Date	Jan. 12, 2029	[1],[3],[4],[7],[8]
Principal/Par Amount	$ 3,990	[1],[3],[4],[7],[8]
Amortized Cost	4,026	[1],[2],[3],[4],[7],[8]
Fair Value	$ 4,015	[1],[3],[4],[5],[7],[8]
Percentage of Net Assets	2.08%	[1],[3],[4],[7],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Construction Material
Schedule of Investments [Line Items]
Amortized Cost	$ 10,035	[1],[2],[3],[4]
Fair Value	$ 10,009	[1],[3],[4],[5]
Percentage of Net Assets	5.18%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Construction Material Quikrete Holdings Inc First lien senior secured term loan Interest Rate SOFR + 2.50% Maturity Date 4/14/2031
Schedule of Investments [Line Items]
Interest rate	2.50%	[1],[3],[4],[6]
Maturity Date	Apr. 14, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 5,985	[1],[3],[4],[6]
Amortized Cost	6,009	[1],[2],[3],[4],[6]
Fair Value	$ 5,994	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.10%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Diversified Consumer Services Wand NewCo 3 Inc First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 1/30/2031
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[6]
Maturity Date	Jan. 30, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 5,000	[1],[3],[4],[6]
Amortized Cost	5,052	[1],[2],[3],[4],[6]
Fair Value	$ 5,030	[1],[3],[4],[5],[6]
Percentage of Net Assets	2.60%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Diversified Financial Services Boost Newco Borrower LLC First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 1/31/2031
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[6]
Maturity Date	Jan. 31, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 6,000	[1],[3],[4],[6]
Amortized Cost	6,052	[1],[2],[3],[4],[6]
Fair Value	$ 5,999	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.10%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Electrical Utilities Wec US Holdings Ltd First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 1/27/2031
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Jan. 27, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 7,000	[1],[3],[4],[6]
Amortized Cost	7,042	[1],[2],[3],[4],[6]
Fair Value	$ 7,002	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.62%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Electronic Equipment Emrld Borrower LP First lien senior secured term loan Interest Rate SOFR + 2.50% Maturity Date 5/31/2030
Schedule of Investments [Line Items]
Interest rate	2.50%	[1],[3],[4],[6]
Maturity Date	May 31, 2030	[1],[3],[4],[6]
Principal/Par Amount	$ 3,990	[1],[3],[4],[6]
Amortized Cost	4,020	[1],[2],[3],[4],[6]
Fair Value	$ 3,986	[1],[3],[4],[5],[6]
Percentage of Net Assets	2.06%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Electronic Equipment Madison IAQ LLC First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 6/21/2028
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Jun. 21, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 5,985	[1],[3],[4],[6]
Amortized Cost	6,026	[1],[2],[3],[4],[6]
Fair Value	$ 5,985	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Financial Services
Schedule of Investments [Line Items]
Amortized Cost	$ 10,046	[1],[2],[3],[4]
Fair Value	$ 9,971	[1],[3],[4],[5]
Percentage of Net Assets	5.15%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Equipment & Supplies Medline Borrower LP First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 10/23/2028
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Oct. 23, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 4,988	[1],[3],[4],[6]
Amortized Cost	5,023	[1],[2],[3],[4],[6]
Fair Value	$ 4,994	[1],[3],[4],[5],[6]
Percentage of Net Assets	2.58%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services
Schedule of Investments [Line Items]
Amortized Cost	$ 77,398	[1],[2],[3],[4]
Fair Value	$ 77,191	[1],[3],[4],[5]
Percentage of Net Assets	39.92%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Electron Bidco Inc First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 11/1/2028
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[6]
Maturity Date	Nov. 01, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,023	[1],[2],[3],[4],[6]
Fair Value	$ 6,976	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.61%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Heartland Dental LLC First lien senior secured term loan Interest Rate SOFR + 4.50% Maturity Date 4/28/2028
Schedule of Investments [Line Items]
Interest rate	4.50%	[1],[3],[4],[6]
Maturity Date	Apr. 28, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 8,978	[1],[3],[4],[6]
Amortized Cost	9,038	[1],[2],[3],[4],[6]
Fair Value	$ 8,989	[1],[3],[4],[5],[6]
Percentage of Net Assets	4.65%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Select Medical Corp First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 3/6/2027
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[6],[8]
Maturity Date	Mar. 06, 2027	[1],[3],[4],[6],[8]
Principal/Par Amount	$ 7,000	[1],[3],[4],[6],[8]
Amortized Cost	7,056	[1],[2],[3],[4],[6],[8]
Fair Value	$ 6,997	[1],[3],[4],[5],[6],[8]
Percentage of Net Assets	3.62%	[1],[3],[4],[6],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Triwest Healthcare Alliance Corp First lien senior secured delayed draw term loan Interest Rate SOFR + 5.50% Maturity Date 11/1/2024
Schedule of Investments [Line Items]
Interest rate	5.50%	[1],[3],[4],[9],[10],[11],[12]
Maturity Date	Nov. 01, 2024	[1],[3],[4],[9],[10],[11],[12]
Principal/Par Amount	$ 50,000	[1],[3],[4],[9],[10],[11],[12]
Amortized Cost	(873)	[1],[2],[3],[4],[9],[10],[11],[12]
Fair Value	$ (875)	[1],[3],[4],[5],[9],[10],[11],[12]
Percentage of Net Assets	(0.45%)	[1],[3],[4],[9],[10],[11],[12]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Triwest Healthcare Alliance Corp First lien senior secured term loan Interest Rate SOFR + 5.50% Maturity Date 12/27/2027
Schedule of Investments [Line Items]
Interest rate	5.50%	[1],[3],[4],[6],[12]
Maturity Date	Dec. 27, 2027	[1],[3],[4],[6],[12]
Principal/Par Amount	$ 50,000	[1],[3],[4],[6],[12]
Amortized Cost	49,127	[1],[2],[3],[4],[6],[12]
Fair Value	$ 49,125	[1],[3],[4],[5],[6],[12]
Percentage of Net Assets	25.40%	[1],[3],[4],[6],[12]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Providers & Services Zelis Payments Buyer Inc First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 9/28/2029
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Sep. 28, 2029	[1],[3],[4],[6]
Principal/Par Amount	$ 5,985	[1],[3],[4],[6]
Amortized Cost	6,027	[1],[2],[3],[4],[6]
Fair Value	$ 5,979	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Technology
Schedule of Investments [Line Items]
Amortized Cost	$ 20,108	[1],[2],[3],[4]
Fair Value	$ 19,919	[1],[3],[4],[5]
Percentage of Net Assets	10.30%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Technology AthenaHealth Group Inc First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 2/15/2029
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[6]
Maturity Date	Feb. 15, 2029	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,008	[1],[2],[3],[4],[6]
Fair Value	$ 6,952	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.59%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Technology Ensemble RCM LLC First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 8/1/2029
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[7]
Maturity Date	Aug. 01, 2029	[1],[3],[4],[7]
Principal/Par Amount	$ 4,988	[1],[3],[4],[7]
Amortized Cost	5,025	[1],[2],[3],[4],[7]
Fair Value	$ 4,967	[1],[3],[4],[5],[7]
Percentage of Net Assets	2.57%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Health Care Technology Waystar Technologies Inc First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 10/22/2029
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6],[8]
Maturity Date	Oct. 22, 2029	[1],[3],[4],[6],[8]
Principal/Par Amount	$ 8,000	[1],[3],[4],[6],[8]
Amortized Cost	8,075	[1],[2],[3],[4],[6],[8]
Fair Value	$ 8,000	[1],[3],[4],[5],[6],[8]
Percentage of Net Assets	4.14%	[1],[3],[4],[6],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Hotels, Restaurants & Leisure
Schedule of Investments [Line Items]
Amortized Cost	$ 23,151	[1],[2],[3],[4]
Fair Value	$ 22,957	[1],[3],[4],[5]
Percentage of Net Assets	11.87%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Hotels, Restaurants & Leisure Alterra Mountain Co First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 8/17/2028
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[6]
Maturity Date	Aug. 17, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 5,000	[1],[3],[4],[6]
Amortized Cost	5,055	[1],[2],[3],[4],[6]
Fair Value	$ 5,008	[1],[3],[4],[5],[6]
Percentage of Net Assets	2.59%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Hotels, Restaurants & Leisure Caesars Entertainment Inc First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 2/6/2031
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[7],[8]
Maturity Date	Feb. 06, 2031	[1],[3],[4],[7],[8]
Principal/Par Amount	$ 5,985	[1],[3],[4],[7],[8]
Amortized Cost	6,029	[1],[2],[3],[4],[7],[8]
Fair Value	$ 5,979	[1],[3],[4],[5],[7],[8]
Percentage of Net Assets	3.09%	[1],[3],[4],[7],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Hotels, Restaurants & Leisure Fertitta Entertainment LLC/NV First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 1/27/2029
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[6]
Maturity Date	Jan. 27, 2029	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,032	[1],[2],[3],[4],[6]
Fair Value	$ 6,986	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.61%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Hotels, Restaurants & Leisure Light & Wonder International Inc First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 4/16/2029
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6],[8]
Maturity Date	Apr. 16, 2029	[1],[3],[4],[6],[8]
Principal/Par Amount	$ 4,988	[1],[3],[4],[6],[8]
Amortized Cost	5,035	[1],[2],[3],[4],[6],[8]
Fair Value	$ 4,984	[1],[3],[4],[5],[6],[8]
Percentage of Net Assets	2.58%	[1],[3],[4],[6],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Household Durables RH First lien senior secured term loan Interest Rate SOFR + 2.50% Maturity Date 10/20/2028
Schedule of Investments [Line Items]
Interest rate	2.50%	[1],[3],[4],[6],[8]
Maturity Date	Oct. 20, 2028	[1],[3],[4],[6],[8]
Principal/Par Amount	$ 7,979	[1],[3],[4],[6],[8]
Amortized Cost	7,857	[1],[2],[3],[4],[6],[8]
Fair Value	$ 7,662	[1],[3],[4],[5],[6],[8]
Percentage of Net Assets	3.96%	[1],[3],[4],[6],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Household Products VC GB Holdings I Corp First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 7/21/2028
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[7]
Maturity Date	Jul. 21, 2028	[1],[3],[4],[7]
Principal/Par Amount	$ 7,980	[1],[3],[4],[7]
Amortized Cost	8,015	[1],[2],[3],[4],[7]
Fair Value	$ 7,946	[1],[3],[4],[5],[7]
Percentage of Net Assets	4.11%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments IT Services Go Daddy Operating Co LLC First lien senior secured term loan Interest Rate SOFR + 2.00% Maturity Date 11/9/2029
Schedule of Investments [Line Items]
Interest rate	2%	[1],[3],[4],[6],[8]
Maturity Date	Nov. 09, 2029	[1],[3],[4],[6],[8]
Principal/Par Amount	$ 3,355	[1],[3],[4],[6],[8]
Amortized Cost	3,377	[1],[2],[3],[4],[6],[8]
Fair Value	$ 3,358	[1],[3],[4],[5],[6],[8]
Percentage of Net Assets	1.74%	[1],[3],[4],[6],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Machinery Engineered Machinery Holdings Inc First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 5/19/2028
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[7]
Maturity Date	May 19, 2028	[1],[3],[4],[7]
Principal/Par Amount	$ 6,982	[1],[3],[4],[7]
Amortized Cost	7,026	[1],[2],[3],[4],[7]
Fair Value	$ 7,004	[1],[3],[4],[5],[7]
Percentage of Net Assets	3.62%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Oil, Gas & Consumable Fuels
Schedule of Investments [Line Items]
Amortized Cost	$ 13,091	[1],[2],[3],[4]
Fair Value	$ 12,977	[1],[3],[4],[5]
Percentage of Net Assets	6.71%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Oil, Gas & Consumable Fuels CQP Holdco LP First lien senior secured term loan Interest Rate SOFR + 2.25% Maturity Date 12/31/2030
Schedule of Investments [Line Items]
Interest rate	2.25%	[1],[3],[4],[7],[8]
Maturity Date	Dec. 31, 2030	[1],[3],[4],[7],[8]
Principal/Par Amount	$ 6,000	[1],[3],[4],[7],[8]
Amortized Cost	6,050	[1],[2],[3],[4],[7],[8]
Fair Value	$ 5,998	[1],[3],[4],[5],[7],[8]
Percentage of Net Assets	3.10%	[1],[3],[4],[7],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Oil, Gas & Consumable Fuels Oryx Midstream Services Permian Basin LLC First lien senior secured term loan Interest Rate SOFR + 3.00% Maturity Date 10/5/2028
Schedule of Investments [Line Items]
Interest rate	3%	[1],[3],[4],[6]
Maturity Date	Oct. 05, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,041	[1],[2],[3],[4],[6]
Fair Value	$ 6,979	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.61%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Professional Services OMNIA Partners LLC First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 7/25/2030
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[7]
Maturity Date	Jul. 25, 2030	[1],[3],[4],[7]
Principal/Par Amount	$ 6,000	[1],[3],[4],[7]
Amortized Cost	6,060	[1],[2],[3],[4],[7]
Fair Value	$ 6,000	[1],[3],[4],[5],[7]
Percentage of Net Assets	3.10%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Semiconductors & Semiconductor Equipment MKS Instruments Inc First lien senior secured term loan Interest Rate SOFR + 2.25% Maturity Date 8/17/2029
Schedule of Investments [Line Items]
Interest rate	2.25%	[1],[3],[4],[7],[8]
Maturity Date	Aug. 17, 2029	[1],[3],[4],[7],[8]
Principal/Par Amount	$ 4,161	[1],[3],[4],[7],[8]
Amortized Cost	4,185	[1],[2],[3],[4],[7],[8]
Fair Value	$ 4,160	[1],[3],[4],[5],[7],[8]
Percentage of Net Assets	2.15%	[1],[3],[4],[7],[8]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software
Schedule of Investments [Line Items]
Amortized Cost	$ 53,270	[1],[2],[3],[4]
Fair Value	$ 52,965	[1],[3],[4],[5]
Percentage of Net Assets	27.38%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software Boxer Parent Co Inc First lien senior secured term loan Interest Rate SOFR + 4.00% Maturity Date 12/29/2028
Schedule of Investments [Line Items]
Interest rate	4%	[1],[3],[4],[6]
Maturity Date	Dec. 29, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,055	[1],[2],[3],[4],[6]
Fair Value	$ 6,989	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.61%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software Cloud Software Group Inc First lien senior secured term loan Interest Rate SOFR + 4.00% Maturity Date 3/30/2029
Schedule of Investments [Line Items]
Interest rate	4%	[1],[3],[4],[7]
Maturity Date	Mar. 30, 2029	[1],[3],[4],[7]
Principal/Par Amount	$ 9,000	[1],[3],[4],[7]
Amortized Cost	9,028	[1],[2],[3],[4],[7]
Fair Value	$ 8,987	[1],[3],[4],[5],[7]
Percentage of Net Assets	4.65%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software Genesys Cloud Services Holdings II LLC First lien senior secured term loan Interest Rate SOFR + 3.50% Maturity Date 12/1/2027
Schedule of Investments [Line Items]
Interest rate	3.50%	[1],[3],[4],[6]
Maturity Date	Dec. 01, 2027	[1],[3],[4],[6]
Principal/Par Amount	$ 6,000	[1],[3],[4],[6]
Amortized Cost	6,050	[1],[2],[3],[4],[6]
Fair Value	$ 6,026	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.12%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software McAfee Corp First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 3/1/2029
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[7]
Maturity Date	Mar. 01, 2029	[1],[3],[4],[7]
Principal/Par Amount	$ 7,000	[1],[3],[4],[7]
Amortized Cost	7,047	[1],[2],[3],[4],[7]
Fair Value	$ 6,984	[1],[3],[4],[5],[7]
Percentage of Net Assets	3.61%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software Project Alpha Intermediate Holding Inc First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 10/28/2030
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[7]
Maturity Date	Oct. 28, 2030	[1],[3],[4],[7]
Principal/Par Amount	$ 8,978	[1],[3],[4],[7]
Amortized Cost	9,040	[1],[2],[3],[4],[7]
Fair Value	$ 8,998	[1],[3],[4],[5],[7]
Percentage of Net Assets	4.65%	[1],[3],[4],[7]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software Skopima Consilio Parent LLC First lien senior secured term loan Interest Rate SOFR + 4.00% Maturity Date 5/12/2028
Schedule of Investments [Line Items]
Interest rate	4%	[1],[3],[4],[6]
Maturity Date	May 12, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 8,977	[1],[3],[4],[6]
Amortized Cost	8,999	[1],[2],[3],[4],[6]
Fair Value	$ 8,961	[1],[3],[4],[5],[6]
Percentage of Net Assets	4.63%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Software UKG Inc First lien senior secured term loan Interest Rate SOFR + 3.25% Maturity Date 2/10/2031
Schedule of Investments [Line Items]
Interest rate	3.25%	[1],[3],[4],[6]
Maturity Date	Feb. 10, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 6,000	[1],[3],[4],[6]
Amortized Cost	6,051	[1],[2],[3],[4],[6]
Fair Value	$ 6,020	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.11%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Specialty Retail
Schedule of Investments [Line Items]
Amortized Cost	$ 15,031	[1],[2],[3],[4]
Fair Value	$ 14,934	[1],[3],[4],[5]
Percentage of Net Assets	7.72%	[1],[3],[4]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Specialty Retail Great Outdoors Group LLC First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 3/6/2028
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[6]
Maturity Date	Mar. 06, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 6,982	[1],[3],[4],[6]
Amortized Cost	7,021	[1],[2],[3],[4],[6]
Fair Value	$ 6,971	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.60%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Specialty Retail PetSmart LLC First lien senior secured term loan Interest Rate SOFR + 3.75% Maturity Date 2/11/2028
Schedule of Investments [Line Items]
Interest rate	3.75%	[1],[3],[4],[6]
Maturity Date	Feb. 11, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 8,000	[1],[3],[4],[6]
Amortized Cost	8,010	[1],[2],[3],[4],[6]
Fair Value	$ 7,963	[1],[3],[4],[5],[6]
Percentage of Net Assets	4.12%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Textiles, Apparel & Luxury Goods ABG Intermediate Holdings 2 LLC First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 12/21/2028
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Dec. 21, 2028	[1],[3],[4],[6]
Principal/Par Amount	$ 5,985	[1],[3],[4],[6]
Amortized Cost	6,043	[1],[2],[3],[4],[6]
Fair Value	$ 5,985	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments Non-controlled/non-affiliated senior secured debt Debt investments Transportation Infrastructure Brown Group Holding LLC First lien senior secured term loan Interest Rate SOFR + 2.75% Maturity Date 7/1/2031
Schedule of Investments [Line Items]
Interest rate	2.75%	[1],[3],[4],[6]
Maturity Date	Jul. 01, 2031	[1],[3],[4],[6]
Principal/Par Amount	$ 5,984	[1],[3],[4],[6]
Amortized Cost	6,018	[1],[2],[3],[4],[6]
Fair Value	$ 5,976	[1],[3],[4],[5],[6]
Percentage of Net Assets	3.09%	[1],[3],[4],[6]
Investment, Identifier [Axis]: Investments and Cash Equivalents
Schedule of Investments [Line Items]
Amortized Cost	$ 358,067	[1],[2],[3],[4]
Fair Value	$ 355,902	[1],[3],[4],[5]
Percentage of Net Assets	184.02%	[1],[3],[4]
[1] All debt investments are income producing unless otherwise indicated. The amortized cost represents the original cost adjusted for the amortization of discounts and premiums, as applicable, on debt investments using the effective interest method. Unless otherwise indicated, all investments are non-controlled, non-affiliated investments. Non-controlled, non-affiliated investments are defined as investments in which the Company owns less than 5 % of the portfolio company’s outstanding voting securities and does not have the power to exercise control over the management or policies of such portfolio company. Unless otherwise indicated, loan contains a variable rate structure, and may be subject to an interest rate floor. Variable rate loans bear interest at a rate that may be determined by reference to either the Secured Overnight Financing Rate (“SOFR”) (which can include one-, three-, six- or twelve-month SOFR), or an alternate base rate (which can include the Federal Funds Effective Rate or the Prime Rate (“Prime”)), at the borrower’s option, and which reset periodically based on the terms of the loan agreement. Fair value is determined in good faith by or under the direction of the Board of Trustees of the Company (see Note 6 “Fair Value Measurements”). The interest rate on these investments is subject to one-month month SOFR, which was 5.35 % as of June 30, 2024. The interest rate on these investments is subject to three-month SOFR, which was 5.28 % as of June 30, 2024. This portfolio company is not a qualifying asset under Section 55(a) of the Investment Company Act of 1940, as amended (the “1940 Act”). Under the 1940 Act, the Company may not acquire any non-qualifying asset unless, at the time such acquisition is made, qualifying assets represent at least 70 % of total assets. As of June 30, 2024, non-qualifying assets represented 14.0 % of total assets as calculated in accordance with the regulatory requirements. Position or portion thereof is an unfunded loan or equity commitment (see Note 8 “Commitments and Contingencies”). The date disclosed represents the commitment period of the unfunded term loan. Upon expiration of the commitment period, the funded portion of the term loan may be subject to a longer maturity date. The negative cost is the result of the capitalized discount being greater than the principal amount outstanding on the loan. The negative fair value is the result of the capitalized discount on the loan. These investments were valued using unobservable inputs and are considered Level 3 investments. Fair value was determined in good faith by or under the direction of the board of trustees of the Company pursuant to the Company’s valuation policy (see Note 6 “Fair Value Measurements”).

Consolidated Schedule of Inve_2

Consolidated Schedule of Investments (Unaudited) (Parenthetical)	Jun. 30, 2024
Schedule of Investments [Line Items]
Percentage of qualifying assets to total assets	70%
Percentage of non-qualifying assets to total Assets	14%
One-month SOFR
Schedule of Investments [Line Items]
Investment owned interest rate	5.35%
Three-month SOFR
Schedule of Investments [Line Items]
Investment owned interest rate	5.28%
Investment, Identifier [Axis]: non-controlled, non-affiliaNon-controlled, Non-affiliated Investments | Maximum
Schedule of Investments [Line Items]
Percentage of outstanding voting securities owned	5%

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Pay vs Performance Disclosure
Net Income (Loss)	$ (578)	$ (578)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Organization and Business

Organization and Business	6 Months Ended
	Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	1. Organization and Business Overland Advantage, a Delaware statutory trust (the “Company”), was formed on February 10, 2023 to lend to U.S. middle market companies. The Company’s investment objective is to generate attractive risk-adjusted returns, predominantly in the form of current income, with select investments exhibiting the ability to capture long-term capital appreciation. The Company’s investment strategy is primarily focused on newly-originated, privately-negotiated senior secured term loans in middle market non-sponsor companies, which are companies that are not backed by a private equity firm or other professional equity investor, and sponsor-owned companies, which are companies backed by such a firm or person. The Company is structured as an externally managed, non-diversified closed-end management investment company. The Company has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company also has elected to be treated as a Regulated Investment Company (“RIC”) for U.S. federal income tax purposes under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). The Company is externally managed by Overland Advisors, LLC (the “Advisor”), an investment adviser registered with the U.S. Securities and Exchange Commission (the “SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), pursuant to an investment advisory agreement between the Company and the Advisor (“Investment Advisory Agreement”). The Advisor is a controlled affiliate of Centerbridge Partners, L.P., a Delaware limited partnership (together with its affiliates, as applicable, “Centerbridge”), that is registered as an investment adviser with the SEC under the Advisers Act. The Advisor has entered into an arrangement with a subsidiary of Wells Fargo & Company (together with its subsidiaries, “Wells Fargo”) pursuant to which Wells Fargo refers investment opportunities in middle market corporate loans to the Advisor that meet the Company’s designated investment criteria in accordance with the terms of the sourcing arrangement (the “Wells Fargo Sourcing Arrangement”). The Advisor is managed by Overland Advisors Holdings, LLC, a Delaware limited liability company, which is a controlled affiliate of Centerbridge and in which Wells Fargo has a significant, non-controlling minority equity investment. Centerbridge Services Group, LLC (the “Administrator”), a wholly-owned subsidiary of Centerbridge Partners, L.P., serves as the Company’s administrator pursuant to an administration agreement (the “Administration Agreement”). SEI Global Services, Inc. (the “Sub-Administrator”) will provide certain day-to-day administration activities for the Company. The Company has formed two wholly-owned financing subsidiaries, which are structured as Delaware limited liability companies. On December 20, 2023, an affiliate of the Advisor contributed $ 10 ($ 25 per share) to the Company in exchange for 400 shares of the Company’s common share of beneficial interest, par value $ 0.001 per share (the “Common Shares”). On May 7, 2024, the Company had its initial closing and received capital contributions of approximately $ 194,000 .

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Financial Statement Presentation The accompanying unaudited interim consolidated financial statements of the Company and the related financial information have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with GAAP are omitted. In the opinion of management, the unaudited financial results included herein contain all adjustments, consisting solely of normal accruals, considered necessary for the fair statement of financial statements for the interim period included. The Company is an investment company following the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, “ Financial Services – Investment Companies .” For the period February 10, 2023 through June 30, 2023, the Company incurred organizational expenses, which were subsequently subject to the Expense Support and Conditional Reimbursement Agreement (the “Expense Support Agreement”) discussed in Note 4. Basis of Consolidation As provided under ASC 946, the Company will not consolidate its investment in a company other than an investment company subsidiary or controlled company whose business consists of providing services to the Company. The Company consolidates the results of its wholly-owned financing subsidiaries, Overland Financing MS, LLC and Overland Financing DB, LLC. There were no transactions by Overland Financing DB, LLC through June 30, 2024. All intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates and such differences could be material. Interest Income Interest income is recorded on an accrual basis and includes the accretion of discounts and amortizations of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including loan origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. Upon prepayment or partial prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts associated with the amount prepaid are recorded as interest income in the current period. PIK Income The Company may have loans in its portfolio that contain payment-in-kind ("PIK") provisions. PIK represents interest that is accrued and recorded as interest income at the contractual rates, increases the loan principal on the respective capitalization dates, and is generally due at maturity. Such income is included in interest income in the Company’s statement of operations. If at any point the Company believes PIK is not expected to be realized, the investment generating PIK will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest is generally reversed through interest income. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to Shareholders in the form of dividends, even though the Company has not yet collected cash. Non-Accrual Loans Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Additionally, any original issue discount and market discount are no longer accreted to interest income as of the date the loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. There were no loans on non-accrual status as of June 30, 2024. Dividend Income Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies . Other Income Other income may include income such as consent, waiver, amendment, unused, syndication and prepayment fees associated with the Company’s investment activities as well as any fees for managerial assistance services rendered by the Company to the portfolio companies. Such fees are recognized as income when earned or the services are rendered. The Company may receive fees for guaranteeing the outstanding debt of a portfolio company. Such fees are amortized into other income over the life of the guarantee. Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation Investment transactions will be recorded on the trade date. The Company will measure net realized gains or losses using the specific identification method as the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized, but considering unamortized upfront fees and prepayment penalties. Net change in unrealized appreciation or depreciation will reflect the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation and depreciation, when gains or losses are realized. Offering and Organizational Expenses Organizational expenses are charged as incurred and include, without limitation, the cost of formation, including legal fees related to the creation and organization of the Company and its subsidiaries, their related documents of organization and the Company’s election to be regulated as a BDC. During the three and six months ended June 30, 2024, organizational expenses incurred amounted to $ 0 and $ 33 , respectively. Offering expenses include, without limitation, legal, printing and other offering and marketing costs, including the fees of professional advisors, those associated with the preparation of the Company’s registration statement on Form 10 as well as the expenses of Centerbridge and Wells Fargo in negotiating and documenting other arrangements with the initial investors of the Company. Offering expenses of the Company are capitalized as a deferred charge and amortized to expense on a straight-line basis over 12 months from the commencement of operations. During the six months ended June 30, 2024, offering costs incurred amounted to $ 1,052 , all of which have been capitalized and deferred. The Company started amortizing the deferred costs from the date of commencement of operations. As of June 30, 2024, the Company had approximately $ 4,004 of unamortized deferred offering costs. The Company’s organizational and offering costs are the responsibility of the Company and have preliminarily been paid by an affiliate of the Advisor on the Company’s behalf. However, as discussed in Note 4, a portion of the Company’s expenses incurred through June 30, 2024 included on the Company’s consolidated statements of operations, including its organizational costs, have been assumed by the Advisor pursuant to the Expense Support Agreement. Deferred Financing Costs Deferred financing costs represent fees and other direct incremental costs incurred in connection with the Company’s borrowings. These expenses are deferred and amortized into interest expense over the period of time during which additional funding remains available under the related debt instrument using the straight-line method. Deferred financing costs related to revolving credit facilities are presented separately as an asset on the Company’s consolidated statements of assets and liabilities. Professional Fees Professional fees are expensed as incurred and include the legal expenses of Centerbridge and Wells Fargo in negotiating and documenting the Wells Fargo Sourcing Arrangement, legal expenses on borrowing facilities where the likelihood of a deal is remote, as well as consulting fees. Professional fees incurred by the Advisor and its affiliates on behalf of the Company have been subject to reimbursement by the Advisor pursuant to the Expense Support Agreement. Refer to Note 4 for more information on the Expense Support Agreement. Other Assets Other assets represent legal fees and other direct costs incurred in connection with the Company’s expected future borrowings. In addition, it includes the unamortized portion of other general and administrative costs. Cash and Cash Equivalents Cash and cash equivalents generally consist of demand deposits and highly liquid investments with original maturities of three months or less. Cash and cash equivalents are carried at cost, which approximates fair value. The Company deposits its cash and cash equivalents with financial institutions and at times, these deposits may exceed the Federal Deposit Insurance Corporation insured limit. Income Taxes The Company has elected to be treated as a RIC. So long as the Company maintains its status as a RIC, it generally will not be subject to any corporate-level U.S. federal income taxes on any ordinary income or capital gains that is distributed at least annually to its shareholders. Any tax liability related to income earned and distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company. To qualify and be subject to tax as a RIC for U.S. federal income tax purposes, the Company is required to ensure that (among other things) it satisfies certain sources of income and asset diversification requirements and distributes to its shareholders annually an amount equal to at least 90 % of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess, if any, of its realized net short-term capital gains over its realized net long-term capital losses. The Company will be subject to a nondeductible excise tax for any undistributed income. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. During the six months ended June 30, 2024, no tax expenses and no interest and penalties were incurred.

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements and Disclosures	3. Fair Value Measurements and Disclosures In accordance with the authoritative guidance on fair value measurements and disclosures under GAAP, the Company discloses the fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 investments) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (Level 3 investments). The guidance establishes three levels of the fair value hierarchy as follows: Level 1 Financial assets and liabilities whose values reflect unadjusted quoted prices that are available in active markets for identical investments as of the reporting date. Level 2 Financial assets and liabilities whose values are based upon pricing inputs, including certain broker dealer quotes that are generally those other than exchange quoted prices in active markets, which are either directly or indirectly observable as of the reporting date, and fair value is determined through the use of models or other valuation methodologies. Level 3 Financial assets and liabilities whose values are based on pricing inputs that are unobservable for the investment and include situations where i) there is minimal, if any, market activity for the investment, or ii) the inputs used in the determination of fair value require significant management judgment or estimation. On December 14, 2023, the board of trustees of the Company (the “Board”) appointed the Advisor as the Company's valuation designee in accordance with Rule 2a-5 under the 1940 Act. As the valuation designee, the Advisor determines fair values of the Company's investments pursuant to a valuation policy approved by the Board and pursuant to a consistently applied valuation process. Inputs are used in applying the various valuation techniques and broadly refer to the assumptions that market participants use to make valuation decisions, including assumptions about risk. Inputs may include price information, volatility statistics, specific and broad credit data, liquidity statistics and other factors. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant, individually or in the aggregate, to the fair value measurement. However, the determination of what constitutes “observable” requires significant judgment by the Advisor. The Advisor considers observable data to be that market data which is readily available, regularly distributed or updated, reliable and verifiable, not proprietary, and provided by independent sources that are actively involved in the relevant market. The categorization of a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Advisor’s perceived risk of that instrument. The valuation of investments classified within Level 3 of the fair value hierarchy is prepared on a quarterly basis and is subject to oversight and review. Each valuation is reviewed and approved by the Valuation & Allocation Committee which consists of senior members of the Advisor, including investment professionals and representatives from legal, compliance and finance. In connection with this process, valuation models are updated by the valuation team based on historical and projected financial information, observable market data, market liquidity and other factors and reviewed by the investment professionals. Valuation results are assessed in light of industry trends, general economic and market conditions and factors specific to each investment. The Advisor’ s valuation team intends to engage third-party valuation firms to perform independent valuation reviews of certain modeled Level 3 valuations where there is significant management judgment or estimation. These reviews are generally performed twice annually, including one review at year end. The Advisor ’ s Valuation & Allocation Committee is ultimately responsible for coordinating and implementing the Company’s valuation policies, guidelines and processes on behalf of the Company.

Agreements and Related Party Tr

Agreements and Related Party Transactions	6 Months Ended
	Jun. 30, 2024
Related Party Transactions [Abstract]
Agreements and Related Party Transactions	4. Agreements and Related Party Transactions Investment Advisory Agreement The Company is managed by the Advisor pursuant to an Investment Advisory Agreement between the Company and the Advisor. Subject to the overall supervision of the Board, the Advisor is responsible for the overall management and affairs of the Company and has full discretion to invest the assets of the Company in a manner consistent with the Company’s investment objectives. Under the Investment Advisory Agreement, the Company pays the Advisor (i) a quarterly asset-based fee (the “Management Fee”) for management services and (ii) an Incentive Fee (as defined below) as compensation for the investment advisory and management services it provides to the Company thereunder. The fees that are payable under the Investment Advisory Agreement for any partial period will be appropriately prorated. Management Fee The Management Fee is payable quarterly in arrears at an annual rate of 1.25 % of the average value of the Company’s net assets as of the last day of the most recently completed calendar quarter and the last day of the immediately preceding calendar quarter, excluding cash and cash equivalents. The Management Fee for any partial quarter will be appropriately prorated and adjusted for any share issuances or repurchases. No management fee will be charged on committed but undrawn Capital Commitments (as defined below). For the three and six months ended June 30, 2024, the Management Fee was $ 345 and $ 345 , respectively. As of June 30, 2024 and December 31, 2023, $ 345 and $ 0 , respectively, remained payable and is recorded in management fee payable on the consolidated statements of assets and liabilities. Incentive Fee The Company will pay the Advisor an incentive fee (“Incentive Fee”) as set forth below. The Incentive Fee consists of two parts. Investment Income Incentive Fee The investment income incentive fee will be calculated and payable on a quarterly basis, in arrears, and is earned on pre-incentive fee net investment income of the Company. For purposes of computing the initial installment of the investment income incentive fee, if the inception does not fall on the first day of a calendar quarter, then the initial payment of the investment income incentive fee shall be payable for the period that commences on the date of inception through the last day of the first complete calendar quarter immediately following the incentive commencement date and, thereafter, at the end of each subsequent calendar quarter as described below. Pre-incentive fee net investment income shall be compared to a “Hurdle Rate” of 1.625 % per quarter ( 6.5 % annualized). The Company shall pay the Advisor an incentive fee with respect to its pre-incentive fee net investment income as follows: (i) no incentive fee based on pre-incentive fee net investment income in any calendar quarter in which the Company’s pre-incentive fee net investment income does not exceed the Hurdle Rate; (ii) 100 % of pre-incentive fee net investment income with respect to that portion of such pre-incentive fee net investment income, if any, that exceeds the Hurdle Rate but is less than 1.91 % in any calendar quarter ( 7.64 % annualized). This portion of the pre-incentive fee net investment income (which exceeds the Hurdle Rate but is less than 1.91 %) is referred to as the “catch-up”. The “catch-up” is meant to provide the Advisor with approximately 15 % of the Company’s pre-incentive fee net investment income as if a Hurdle Rate did not apply if pre-incentive fee net investment income exceeds 1.91 % in any calendar quarter; and (iii) 15 % of the pre-incentive fee net investment income, if any, that exceeds 1.91 % in any calendar quarter ( 7.64 % annualized), which reflects that once the Hurdle Rate is reached and the catch-up is achieved, 15 % of all pre-incentive fee net investment income is paid to the Advisor. The “pre-incentive fee net investment income” means interest income, dividend income and any other income accrued during the calendar quarter, minus operating expenses for the quarter, including the Management Fee, expenses payable to the Administrator under the Administration Agreement, any interest expense and distributions paid on any issued and outstanding preferred shares, but excluding (x) the Incentive Fee and (y) any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation. Pre-incentive fee net investment income includes, in the case of investments with a deferred interest feature (such as debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash For the three and six months ended June 30, 2024, there was no incentive fee incurred by the Company. Capital Gains Incentive Fee The Company shall pay the Advisor a capital gains incentive fee calculated and payable in arrears in cash as of the end of each calendar year or upon the termination of the Investment Advisory Agreement in an amount equal to 15 % of the Company’s realized capital gains, if any, on a cumulative basis from inception through the end of a given calendar year or upon the termination of the Investment Advisory Agreement, computed net of all realized capital losses and unrealized capital depreciation on a cumulative basis, less the aggregate amount of any previously paid capital gain incentive fees. The Company will accrue, but will not pay, a capital gains incentive fee with respect to unrealized appreciation because a capital gains incentive fee would be owed to the Advisor if the Company were to sell the relevant investment and realize a capital gain. For the three and six months ended June 30, 2024, there were no accrued or realized capital gains incentive fees incurred by the Company. Administration Agreement The Company has entered into the Administration Agreement pursuant to which the Administrator has agreed to provide the administrative services necessary for the Company to operate. The Company utilizes the Administrator’s office facilities, personnel, equipment and recordkeeping services. Pursuant to the Administration Agreement, the Administrator oversees the Company’s public reporting requirements and tax reporting and monitors the Company’s expenses and the performance of professional services rendered to the Company by others. The Administrator has hired the Sub-Administrator to assist in the provision of certain administrative services. There is no fee paid by the Company in connection with the services provided under the Administration Agreement. The Company will reimburse the Administrator for its costs and expenses, which may include an allocable portion of overhead incurred by the Administrator in performing its obligations under the Administration Agreement, including but not limited to rent, the fees and expenses associated with performing compliance functions, and the Company's allocable portion of the costs of its Chief Financial Officer, Chief Compliance Officer, any of their respective staff who provide services to the Company operations staff who provide services to the Company, and any internal audit staff, to the extent internal audit performs a role in the Company's internal control assessment. The reimbursement shall be an amount equal to the Administrator's actual cost; and provided, further, that such costs are reasonably allocated to the Company on the basis of assets, revenues, estimates, time records or other method conforming with generally accepted accounting principles. The Sub-Administrator will separately be compensated for performing sub-administrative services under the sub-administration agreement and the cost of such compensation, and any other costs or expenses under such agreement, will be in addition to the cost of any other services borne by the Company under the Administration Agreement. Expense Support and Conditional Reimbursement Agreement The Company has entered into the Expense Support Agreement with the Advisor, pursuant to which the Advisor has contractually agreed to pay Other Operating Expenses (as defined below) of the Company on the Company’s behalf (each such payment, a “Required Expense Payment”) such that Other Operating Expenses of the Company do not exceed 0.375 % ( 1.50 % on an annualized basis) of the Company’s applicable quarter-end net asset value. “Other Operating Expenses” means the Company’s organizational and offering expenses, professional fees, trustee fees, administration fees, and other general and administrative expenses (including the Company’s allocable portion of compensation and overhead (including rent, office equipment and utilities) and other expenses incurred by the Administrator in performing its administrative obligations under the Administration Agreement), excluding the Company’s Management Fee and Incentive Fees owed to the Advisor, financing fees and costs, brokerage commissions, placement agent fees, costs and expenses of distributing and placing the Common Shares, extraordinary expenses and any interest expenses owed by the Company, all as determined in accordance with GAAP. At such times as the Advisor determines, the Advisor may elect to pay certain additional expenses of the Company on the Company’s behalf (each such payment, a “Voluntary Expense Payment” and together with a Required Expense Payment, the “Expense Payments”). In making a Voluntary Expense Payment, the Advisor will designate, as it deems necessary or advisable, what type of expense it is paying (including, whether it is paying organizational or offering expenses); provided that no portion of a Voluntary Expense Payment will be used to pay any interest expense of the Company. Under the Expense Support Agreement, following any calendar quarter in which the Company’s Available Operating Funds (as defined below) exceed the cumulative distributions accrued to the Company’s shareholders based on distributions declared with respect to record dates occurring in such calendar quarter (the amount of such excess referred to herein as “Excess Operating Funds”), the Company will pay such Excess Operating Funds, or a portion thereof, to the Advisor until such time as all Expense Payments made by the Advisor to the Company within three years prior to the last business day of such calendar quarter have been reimbursed. Any payments required to be made by the Company under the Expense Support Agreement are referred to as a “Reimbursement Payment.” “Available Operating Funds” means the sum of (i) the Company’s net investment company taxable income (including net short-term capital gains reduced by net long-term capital losses), (ii) the Company’s net capital gains (including the excess of net long-term capital gains over net short-term capital losses) and (iii) dividends and other distributions paid to the Company on account of investments in portfolio companies (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above). The amount of the Reimbursement Payment for any calendar quarter will equal the lesser of (i) the Excess Operating Funds in such quarter and (ii) the aggregate amount of all Expense Payments made by the Advisor to the Company within three years prior to the last business day of such calendar quarter that have not been previously reimbursed by the Company to the Advisor; provided that the Advisor may waive its right to receive all or a portion of any Reimbursement Payment in any particular calendar quarter, in which case such waived amount will remain unreimbursed Expense Payments reimbursable in future quarters pursuant to the terms of the Expense Support Agreement. No Reimbursement Payment for any calendar quarter shall be made if: (i) the Effective Rate of Distributions Per Share (as defined below) declared by the Company at the time of such Reimbursement Payment is less than the Effective Rate of Distributions Per Share (as defined below) at the time the Expense Payment was made to which such Reimbursement Payment relates, (ii) the Company’s Operating Expense Ratio at the time of such Reimbursement Payment is greater than the Operating Expense Ratio at the time the Expense Payment was made to which such Reimbursement Payment relate, or (iii) the Company’s Other Operating Expenses at the time of such Reimbursement Payment exceeds 1.50 % of the Company’s net asset value. For purposes of the Expense Support Agreement, “Effective Rate of Distributions Per Share” means the annualized rate (based on a 365 day year) of regular cash distributions per share exclusive of returns of capital, distribution rate reductions due to distribution and shareholder servicing fees, and declared special dividends or special distributions, if any. The “Operating Expense Ratio” is calculated by dividing Operating Expenses (as defined below), less organizational and offering expenses, management and incentive fees owed to the Advisor, shareholder servicing and/or distribution fees, and interest expense, by the Company’s net assets. “Operating Expenses” means all of the Company’s operating costs and expenses incurred, as determined in accordance with generally accepted accounting principles for investment companies. Either the Company or the Advisor may terminate the Expense Support Agreement at any time, with or without notice, without the payment of any penalty, provided that any Expense Payments that have not been reimbursed by the Company to the Advisor will remain the obligation of the Company following any such termination, subject to the terms of the Expense Support Agreement.

Investments

Investments	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investments	5. Investments Investments at fair value and amortized cost consisted of the below as of the following period: June 30, 2024 ($ in thousands) Amortized Cost Fair Value First lien senior secured debt investments $ 346,841 $ 344,676 Total Investments $ 346,841 $ 344,676 The industry composition of investments based on fair value consisted of the below as of the following period: June 30, 2024 Automobile Components 4.3 % Building Products 1.7 Chemicals 2.0 Commercial Services & Supplies 4.6 Construction & Engineering 2.6 Construction Materials 2.9 Diversified Consumer Services 1.5 Diversified Financial Services 1.7 Electric Utilities 2.0 Electrical Equipment 2.9 Health Care Equipment & Supplies 1.5 Health Care Providers & Services 22.4 Health Care Technology 5.8 Hotels, Restaurants & Leisure 6.7 Household Durables 2.2 Household Products 2.3 IT Services 1.0 Machinery 2.0 Oil, Gas & Consumable Fuels 3.8 Professional Services 1.7 Semiconductors & Semiconductor Equipment 1.2 Software 15.4 Specialty Retail 4.4 Textiles, Apparel & Luxury Goods 1.7 Transportation Infrastructure 1.7 Total 100 % The geographic composition of investments at cost and on fair value consisted of the below as of the following period: June 30, 2024 ($ in thousands) Amortized Cost Fair Value % of Total Investments at Fair Value Fair Value as % of Net Assets North America $ 346,841 $ 344,676 100 % 178 % Total $ 346,841 $ 344,676 100 % 178 %

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Fair Value Measurements	6. Fair Value Measurements The following table presents the fair value hierarchy of cash equivalents and investments as of the following period: Fair Value Hierarchy as of June 30, 2024 ($ in thousands) Level 1 Level 2 Level 3 Total Investments: First lien senior secured debt investments $ — $ 296,426 $ 48,250 $ 344,676 Cash equivalents 11,226 — — 11,226 Total investments at fair value $ 11,226 $ 296,426 $ 48,250 $ 355,902 The following tables present changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the following periods: For the Three Months Ended June 30, 2024 ($ in thousands) First lien Total Fair value, beginning of period $ — $ — Purchases of investments, net 48,250 48,250 Payment-in-kind — — Proceeds from investments, net — — Net change in unrealized appreciation (depreciation) ( 4 ) ( 4 ) Net realized gains (losses) — — Net amortization/accretion of premium/discount on 4 4 Transfers between investment types — — Transfers into (out of) Level 3 (1) — — Fair value, end of period $ 48,250 $ 48,250 Net change in unrealized appreciation (depreciation) still ( 4 ) ( 4 ) (1) Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the three months ended June 30, 2024, there were no transfers into (out of) Level 3. For the Six Months Ended June 30, 2024 ($ in thousands) First lien Total Fair value, beginning of period $ — $ — Purchases of investments, net 48,250 48,250 Payment-in-kind — — Proceeds from investments, net — — Net change in unrealized appreciation (depreciation) ( 4 ) ( 4 ) Net realized gains (losses) — — Net amortization/accretion of premium/discount on 4 4 Transfers between investment types — — Transfers into (out of) Level 3 (1) — — Fair value, end of period $ 48,250 $ 48,250 Net change in unrealized appreciation (depreciation) still ( 4 ) ( 4 ) (1) Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the six months ended June 30, 2024, there were no transfers into (out of) Level 3. The following table presents quantitative information about the significant unobservable inputs of the Company’s Level 3 assets as of the following period. The table is not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Company’s determination of fair value. As of June 30, 2024 ($ in thousands) Fair Value Valuation Unobservable Range Impact to First lien senior secured debt investments $ 48,250 Recent Transaction Transaction Price N/A N/A $ 48,250

Borrowings

Borrowings	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Borrowings	7. Borrowings In accordance with the 1940 Act, with certain limitations, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150 % after such borrowing. As of June 30, 2024, the Company did no t have any borrowings outstanding. The Company's outstanding debt obligations as of June 30, 2024 were as follows: June 30, 2024 ($ in thousands) Aggregate Outstanding Net Carrying Unused Committed Principal Value Portion (1) MS Revolving Credit Facility $ 300,000 $ — $ — $ 300,000 (1) The unused portion is the amount upon which unused fees are based, if any. The components of interest expense for the three and six months ended June 30, 2024 were as follows: ($ in thousands) For the Three Months Ended June 30, 2024 For the Six Months Ended June 30, 2024 Stated interest expense $ — $ — Unused/undrawn fees 379 379 Amortization of debt issuance costs 287 287 Administration fees 113 113 Total Interest Expense $ 779 $ 779 Average interest rate 1.03 % 1.03 % Average daily borrowings $ — $ — MS Revolving Credit Facility On February 22, 2024, Overland Financing MS, LLC, a wholly-owned financing subsidiary of the Company, entered into a senior secured revolving credit facility (the “MS Revolving Credit Facility”) with Morgan Stanley Senior Funding Inc. (“MS”). MS serves as the administrative agent, Wilmington Trust, National Association, serves as collateral agent, account bank and collateral custodian and the Company serves as a servicer under the MS Revolving Credit Facility. On June 6, 2024, certain terms, including the applicable margins, in the MS Revolving Credit Facility were amended. Such amendment is filed as Exhibit 10.1 to this quarterly report on Form 10-Q. Under the MS Revolving Credit Facility, MS has agreed to make available to Overland Financing MS, LLC, a revolving loan facility in the maximum principal amount of up to $ 300 million. The initial commitment amount under the MS Revolving Credit Facility will remain undrawn until the earlier of (i) the day following the date that the investors in the Company have fully funded the first capital call made by the Company and (ii) April 1, 2024. As of June 30, 2024, no amounts had been drawn under the MS Revolving Credit Facility. Advances under the MS Revolving Credit Facility will initially bear interest at a per annum rate equal to an applicable benchmark (which is initially the forward-looking term rate based on the Secured Overnight Financing Rate (“SOFR”), for a tenor of three (3) months, as such rate is published by the CME Group Benchmark Administration Limited (CBA)), plus an applicable margin. As amended on June 6, 2024, the applicable margin on advances is (i) for the first six (6) months after February 22, 2024, 1.70 % per annum, (ii) after the six (6) month anniversary of February 22, 2024, for the next three (3) months, 2.10 % per annum, (iii) after the nine (9) month anniversary of February 22, 2024 and during the revolving period, which is scheduled to end three years after February 22, 2024, 2.35 % per annum, and (iv) after the end of the revolving period, 2.85 % per annum. The period during which Overland Financing MS, LLC may make borrowings under the MS Revolving Credit Facility expires on February 22, 2027 and the MS Revolving Credit Facility is scheduled to mature on February 22, 2029 . As of June 30, 2024, the Company had recorded $ 3,328 of deferred financing costs in connection with the MS Revolving Credit Facility.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies In the normal course of business, the Company may enter into contracts that provide a variety of general indemnifications. Any exposure to the Company under these arrangements could involve future claims that may be made against the Company. Currently, no such claims exist or are expected to arise, and accordingly, the Company has no t accrued any liability in connection with such indemnifications. The Company and the Advisor have entered into an Expense Support Agreement. For the period February 10, 2023 through June 30, 2024, in addition to the amounts included in payable to affiliates on the consolidated statements of assets and liabilities, $ 8,123 has been paid by an affiliate of the Advisor and subject to potential reimbursement to the Advisor by the Company. The Company may be obligated to make a Reimbursement Payment to the Advisor for such expenses through March 31, 2027. Refer to Note 4 for more information on the Expense Support Agreement. The Company’s investment portfolio may contain debt investments that are in the form of revolving lines of credit and unfunded delayed draw commitments, which require the Company to provide funding when requested by portfolio companies in accordance with the terms of the underlying loan agreements. Unfunded portfolio company commitments and funded debt investments are presented on the consolidated schedule of investments at fair value. Unrealized appreciation or depreciation, if any, is included in the consolidated statements of assets and liabilities and the change in unrealized appreciation or depreciation, if any, is included in net change in unrealized appreciation (depreciation) in the consolidated statements of operations. The Company had the following outstanding commitments to investments as of the following period: ($ in thousands) Commitment Type Commitment Unfunded Fair Value as of Triwest Healthcare Alliance Corp Delayed Draw Term Loan 11/1/2024 $ 50,000 $ ( 875 ) Total Unfunded Portfolio Company $ 50,000 $ ( 875 )

Net Assets

Net Assets	6 Months Ended
	Jun. 30, 2024
Investment Company [Abstract]
Net Assets	9. Net Assets The Company is offering Common Shares on a continuous basis (the “Private Offering”) pursuant to the terms set forth in subscription agreements that it expects to enter into with investors in connection with the Private Offering (each, a “Subscription Agreement”). Although the Common Shares in the Private Offering are being sold under the exemption provided by Section 4(a)(2) of the Securities Act of 1933 (the “Securities Act”) only to investors that are “accredited investors” in accordance with Rule 506 of Regulation D promulgated under the Securities Act, and other exemptions of similar import in the laws of the states and jurisdictions where the offering will be made, there can be no assurance that it will not need to suspend the continuous offering for various reasons, including but not limited to regulatory review from the SEC and various state regulators, to the extent applicable. Each investor in the Private Offering will make a capital commitment (a “Capital Commitment”) to purchase Common Shares pursuant to a Subscription Agreement. During the Commitment Period, investors in the Private Offering will be required to fund drawdowns to purchase Common Shares up to the amount of their respective Capital Commitment on an as-needed basis each time the Company delivers a drawdown notice to its investors. The Commitment Period will continue until the five-year anniversary of the date on which holders of the Common Shares are required to fund their initial drawdown (the “Commencement Date”). The Commencement Date occurred during the second quarter of 2024. The Company is authorized to issue an unlimited number of Common Shares. As of June 30, 2024, the Company had issued 7,760,000 shares and all are outstanding. Also, as of June 30, 2024, the Company had executed subscription agreements for approximately $ 2.1 billion of Capital Commitments (of which $ 1.9 billion remained unfunded as of June 30, 2024). The following table summarizes the total shares issued and aggregate offering proceeds related to the Company's capital drawdowns delivered pursuant to the Subscription Agreement as of June 30, 2024. ($ in thousands, except shares) Number of Aggregate Share Issuance Date Shares Issued Offering Proceeds 31-Dec-23 400 $ 10 7-May-24 7,759,600 193,990 Total 7,760,000 $ 194,000

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	10. Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share during the three and six months ended June 30, 2024: ($ in thousands, except shares and per share data) For the Three Months Ended June 30, 2024 For the Six Months Ended Net increase (decrease) in net assets from operations $ ( 578 ) $ ( 578 ) Weighted average shares outstanding 4,690,268 2,345,334 Earnings per share $ ( 0.12 ) $ ( 0.25 )

Financial Highlights

Financial Highlights	6 Months Ended
	Jun. 30, 2024
Investment Company, Financial Highlights [Abstract]
Financial Highlights	11. Financial Highlights The following are the financial highlights for the six months ended June 30, 2024: ($ in thousands, except share and per share data) For the Six Months Ended June 30, 2024 Per Share Data: Net assets, beginning of period $ 25.00 Net investment income (1) 0.68 Net realized gains (losses) and change in unrealized appreciation (depreciation) (2) ( 0.75 ) Net increase (decrease) in net assets from operations ( 0.07 ) Distributions declared from net investment income (3) — Issuance of shares in connection with our DRP program — Total increase (decrease) in net assets — Net assets, end of period $ 24.93 Shares outstanding, end of period 7,760,000 Total return based on NAV (4) ( 0.28 ) % Ratios: Expenses before expense support to average net assets (5)(6) 38.58 % Expenses after expense support to average net assets (5)(6) 10.08 % Net investment income to average net assets (6) 28.52 % Portfolio turnover rate (7) 0.93 % Supplemental Data: Net assets, end of period $ 193,422 Total capital commitments, end of period $ 2,060,000 Ratios of total contributed capital to total committed capital, 9.42 % Average debt outstanding $ — Asset coverage ratio (8) N/A (1) The per share data was derived by using the weighted average shares outstanding during the period. (2) For the six months ended June 30, 2024, the amount shown does not correspond with the aggregate amount for the period as it includes the effect of the timing of capital transactions. (3) The per share data was derived using the actual shares outstanding at the date of the relevant transaction (see Note 9). (4) Total return (not annualized) is calculated as the change in net assets per share during the period, plus distributions per share (assuming distributions are reinvested in accordance with the Company's distribution reinvestment plan), divided by the net assets per share at the beginning of the period. (5) Operating expenses may vary in the future based on the amount of capital raised, the Adviser’s election to continue expense support, and other unpredictable variables. Amounts are annualized except for organization costs. (6) Investment income and offering expenses are annualized from May 7, 2024 (commencement of operations) through June 30, 2024. The results may not be meaningful. (7) Portfolio turnover rate is calculated using the lesser of the year-to-date sales or year-to-date purchases over the average of the invested assets at fair value for the period reported. Average invested assets at fair value is being calculated from commencement of operations. (8) In accordance with the 1940 Act, with certain, limitations, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150 % after such borrowing. There were no borrowings outstanding as of June 30, 2024.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	12. Subsequent Events There have been no subsequent events that occurred during such period that would require disclosure in, or would be required to be recognized in, the consolidated financial statements as of June 30, 2024, except as discussed below. Pursuant to a capital drawdown notice, the Company issued and sold approximately 411,547 Common Shares on July 1, 2024 for an aggregate offering price of approximately $ 10.3 million. After the drawdown, the Company had approximately $ 1.9 billion in unfunded Capital Commitments. On July 10, 2024, the Company entered into a Revolving Credit Agreement (together with the exhibits and schedules thereto, the “SMTB Credit Agreement”) among the Company, as the initial borrower, Overland Advantage Feeder Fund, L.P., as the guarantor (the “Guarantor”), Overland Advantage Feeder Fund GP Ltd., as the general partner of the Guarantor, Sumitomo Mitsui Trust Bank, Limited, New York Branch (“SMTB”), as administrative agent, arranger and a lender, and NatWest Markets PLC, as a lender, which is structured as a revolving credit facility secured by a first-priority interest in the capital commitments of the Company’s shareholders (including the Guarantor) and the Guarantor’s shareholders, and certain related assets (the “SMTB Credit Facility”), which is filed as Exhibit 10.2 to this quarterly report on Form 10-Q . Under the SMTB Credit Facility, the Company may borrow up to a maximum of $ 100 million. Subsequent to the end of the quarter, the Company used the MS Facility to fund purchases of investments and had $ 170 million in borrowings outstanding as of August 14, 2024.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2024
Accounting Policies [Abstract]
Basis of Financial Statement Presentation	Basis of Financial Statement Presentation The accompanying unaudited interim consolidated financial statements of the Company and the related financial information have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with GAAP are omitted. In the opinion of management, the unaudited financial results included herein contain all adjustments, consisting solely of normal accruals, considered necessary for the fair statement of financial statements for the interim period included. The Company is an investment company following the accounting and reporting guidance in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 946, “ Financial Services – Investment Companies .” For the period February 10, 2023 through June 30, 2023, the Company incurred organizational expenses, which were subsequently subject to the Expense Support and Conditional Reimbursement Agreement (the “Expense Support Agreement”) discussed in Note 4.
Basis of Consolidation	Basis of Consolidation As provided under ASC 946, the Company will not consolidate its investment in a company other than an investment company subsidiary or controlled company whose business consists of providing services to the Company. The Company consolidates the results of its wholly-owned financing subsidiaries, Overland Financing MS, LLC and Overland Financing DB, LLC. There were no transactions by Overland Financing DB, LLC through June 30, 2024. All intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimate	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates and such differences could be material.
Interest Income	Interest Income Interest income is recorded on an accrual basis and includes the accretion of discounts and amortizations of premiums. Discounts from and premiums to par value on debt investments purchased are accreted/amortized into interest income over the life of the respective security using the effective interest method. The amortized cost of debt investments represents the original cost, including loan origination fees and upfront fees received that are deemed to be an adjustment to yield, adjusted for the accretion of discounts and amortization of premiums, if any. Upon prepayment or partial prepayment of a loan or debt security, any prepayment premiums, unamortized upfront loan origination fees and unamortized discounts associated with the amount prepaid are recorded as interest income in the current period.
PIK Income	PIK Income The Company may have loans in its portfolio that contain payment-in-kind ("PIK") provisions. PIK represents interest that is accrued and recorded as interest income at the contractual rates, increases the loan principal on the respective capitalization dates, and is generally due at maturity. Such income is included in interest income in the Company’s statement of operations. If at any point the Company believes PIK is not expected to be realized, the investment generating PIK will be placed on non-accrual status. When a PIK investment is placed on non-accrual status, the accrued, uncapitalized interest is generally reversed through interest income. To maintain the Company’s status as a RIC, this non-cash source of income must be paid out to Shareholders in the form of dividends, even though the Company has not yet collected cash.
Non-Accrual Loans	Non-Accrual Loans Loans are generally placed on non-accrual status when there is reasonable doubt that principal or interest will be collected in full. Accrued interest is generally reversed when a loan is placed on non-accrual status. Additionally, any original issue discount and market discount are no longer accreted to interest income as of the date the loan is placed on non-accrual status. Interest payments received on non-accrual loans may be recognized as income or applied to principal depending upon management’s judgment regarding collectability. Non-accrual loans are restored to accrual status when past due principal and interest is paid current and, in management’s judgment, are likely to remain current. Management may make exceptions to this treatment and determine to not place a loan on non-accrual status if the loan has sufficient collateral value and is in the process of collection. There were no loans on non-accrual status as of June 30, 2024.
Dividend Income	Dividend Income Dividend income on preferred equity securities is recorded on the accrual basis to the extent that such amounts are payable by the portfolio company and are expected to be collected. Dividend income on common equity securities is recorded on the record date for private portfolio companies or on the ex-dividend date for publicly-traded portfolio companies .
Other Income	Other Income Other income may include income such as consent, waiver, amendment, unused, syndication and prepayment fees associated with the Company’s investment activities as well as any fees for managerial assistance services rendered by the Company to the portfolio companies. Such fees are recognized as income when earned or the services are rendered. The Company may receive fees for guaranteeing the outstanding debt of a portfolio company. Such fees are amortized into other income over the life of the guarantee.
Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation	Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation Investment transactions will be recorded on the trade date. The Company will measure net realized gains or losses using the specific identification method as the difference between the net proceeds from the repayment or sale and the amortized cost basis of the investment, without regard to unrealized appreciation or depreciation previously recognized, but considering unamortized upfront fees and prepayment penalties. Net change in unrealized appreciation or depreciation will reflect the change in portfolio investment values during the reporting period, including any reversal of previously recorded unrealized appreciation and depreciation, when gains or losses are realized.
Offering and Organizational Expenses	Offering and Organizational Expenses Organizational expenses are charged as incurred and include, without limitation, the cost of formation, including legal fees related to the creation and organization of the Company and its subsidiaries, their related documents of organization and the Company’s election to be regulated as a BDC. During the three and six months ended June 30, 2024, organizational expenses incurred amounted to $ 0 and $ 33 , respectively. Offering expenses include, without limitation, legal, printing and other offering and marketing costs, including the fees of professional advisors, those associated with the preparation of the Company’s registration statement on Form 10 as well as the expenses of Centerbridge and Wells Fargo in negotiating and documenting other arrangements with the initial investors of the Company. Offering expenses of the Company are capitalized as a deferred charge and amortized to expense on a straight-line basis over 12 months from the commencement of operations. During the six months ended June 30, 2024, offering costs incurred amounted to $ 1,052 , all of which have been capitalized and deferred. The Company started amortizing the deferred costs from the date of commencement of operations. As of June 30, 2024, the Company had approximately $ 4,004 of unamortized deferred offering costs. The Company’s organizational and offering costs are the responsibility of the Company and have preliminarily been paid by an affiliate of the Advisor on the Company’s behalf. However, as discussed in Note 4, a portion of the Company’s expenses incurred through June 30, 2024 included on the Company’s consolidated statements of operations, including its organizational costs, have been assumed by the Advisor pursuant to the Expense Support Agreement.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs represent fees and other direct incremental costs incurred in connection with the Company’s borrowings. These expenses are deferred and amortized into interest expense over the period of time during which additional funding remains available under the related debt instrument using the straight-line method. Deferred financing costs related to revolving credit facilities are presented separately as an asset on the Company’s consolidated statements of assets and liabilities.
Professional Fees	Professional Fees Professional fees are expensed as incurred and include the legal expenses of Centerbridge and Wells Fargo in negotiating and documenting the Wells Fargo Sourcing Arrangement, legal expenses on borrowing facilities where the likelihood of a deal is remote, as well as consulting fees. Professional fees incurred by the Advisor and its affiliates on behalf of the Company have been subject to reimbursement by the Advisor pursuant to the Expense Support Agreement. Refer to Note 4 for more information on the Expense Support Agreement.
Other Assets	Other Assets Other assets represent legal fees and other direct costs incurred in connection with the Company’s expected future borrowings. In addition, it includes the unamortized portion of other general and administrative costs.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents generally consist of demand deposits and highly liquid investments with original maturities of three months or less. Cash and cash equivalents are carried at cost, which approximates fair value. The Company deposits its cash and cash equivalents with financial institutions and at times, these deposits may exceed the Federal Deposit Insurance Corporation insured limit.
Income Taxes	Income Taxes The Company has elected to be treated as a RIC. So long as the Company maintains its status as a RIC, it generally will not be subject to any corporate-level U.S. federal income taxes on any ordinary income or capital gains that is distributed at least annually to its shareholders. Any tax liability related to income earned and distributed by the Company represents obligations of the Company’s investors and will not be reflected in the consolidated financial statements of the Company. To qualify and be subject to tax as a RIC for U.S. federal income tax purposes, the Company is required to ensure that (among other things) it satisfies certain sources of income and asset diversification requirements and distributes to its shareholders annually an amount equal to at least 90 % of its “investment company taxable income” for that year, which is generally its ordinary income plus the excess, if any, of its realized net short-term capital gains over its realized net long-term capital losses. The Company will be subject to a nondeductible excise tax for any undistributed income. The Company evaluates tax positions taken or expected to be taken in the course of preparing its consolidated financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold are reserved and recorded as a tax benefit or expense in the current year. All penalties and interest associated with income taxes are included in income tax expense. Conclusions regarding tax positions are subject to review and may be adjusted at a later date based on factors including, but not limited to, on-going analyses of tax laws, regulations and interpretations thereof. During the six months ended June 30, 2024, no tax expenses and no interest and penalties were incurred.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]
Investments at Fair Value and Amortized Cost	Investments at fair value and amortized cost consisted of the below as of the following period: June 30, 2024 ($ in thousands) Amortized Cost Fair Value First lien senior secured debt investments $ 346,841 $ 344,676 Total Investments $ 346,841 $ 344,676
Industry Composition of Investments Based on Fair Value	The industry composition of investments based on fair value consisted of the below as of the following period: June 30, 2024 Automobile Components 4.3 % Building Products 1.7 Chemicals 2.0 Commercial Services & Supplies 4.6 Construction & Engineering 2.6 Construction Materials 2.9 Diversified Consumer Services 1.5 Diversified Financial Services 1.7 Electric Utilities 2.0 Electrical Equipment 2.9 Health Care Equipment & Supplies 1.5 Health Care Providers & Services 22.4 Health Care Technology 5.8 Hotels, Restaurants & Leisure 6.7 Household Durables 2.2 Household Products 2.3 IT Services 1.0 Machinery 2.0 Oil, Gas & Consumable Fuels 3.8 Professional Services 1.7 Semiconductors & Semiconductor Equipment 1.2 Software 15.4 Specialty Retail 4.4 Textiles, Apparel & Luxury Goods 1.7 Transportation Infrastructure 1.7 Total 100 %
Geographic Composition of Investments at Cost And on Fair Value	The geographic composition of investments at cost and on fair value consisted of the below as of the following period: June 30, 2024 ($ in thousands) Amortized Cost Fair Value % of Total Investments at Fair Value Fair Value as % of Net Assets North America $ 346,841 $ 344,676 100 % 178 % Total $ 346,841 $ 344,676 100 % 178 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2024
Fair Value Disclosures [Abstract]
Summary of Fair Value Hierarchy of Cash Equivalents and Investments	The following table presents the fair value hierarchy of cash equivalents and investments as of the following period: Fair Value Hierarchy as of June 30, 2024 ($ in thousands) Level 1 Level 2 Level 3 Total Investments: First lien senior secured debt investments $ — $ 296,426 $ 48,250 $ 344,676 Cash equivalents 11,226 — — 11,226 Total investments at fair value $ 11,226 $ 296,426 $ 48,250 $ 355,902
Summary of Changes in Fair Value of Investments for Level 3 Inputs	The following tables present changes in the fair value of investments for which Level 3 inputs were used to determine the fair value as of and for the following periods: For the Three Months Ended June 30, 2024 ($ in thousands) First lien Total Fair value, beginning of period $ — $ — Purchases of investments, net 48,250 48,250 Payment-in-kind — — Proceeds from investments, net — — Net change in unrealized appreciation (depreciation) ( 4 ) ( 4 ) Net realized gains (losses) — — Net amortization/accretion of premium/discount on 4 4 Transfers between investment types — — Transfers into (out of) Level 3 (1) — — Fair value, end of period $ 48,250 $ 48,250 Net change in unrealized appreciation (depreciation) still ( 4 ) ( 4 ) (1) Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the three months ended June 30, 2024, there were no transfers into (out of) Level 3. For the Six Months Ended June 30, 2024 ($ in thousands) First lien Total Fair value, beginning of period $ — $ — Purchases of investments, net 48,250 48,250 Payment-in-kind — — Proceeds from investments, net — — Net change in unrealized appreciation (depreciation) ( 4 ) ( 4 ) Net realized gains (losses) — — Net amortization/accretion of premium/discount on 4 4 Transfers between investment types — — Transfers into (out of) Level 3 (1) — — Fair value, end of period $ 48,250 $ 48,250 Net change in unrealized appreciation (depreciation) still ( 4 ) ( 4 ) (1) Transfers between levels, if any, are recognized at the beginning of the period in which the transfers occur. For the six months ended June 30, 2024, there were no transfers into (out of) Level 3.
Schedule of Quantitative Information About Significant Unobservable Inputs of Level 3 Assets	The following table presents quantitative information about the significant unobservable inputs of the Company’s Level 3 assets as of the following period. The table is not intended to be all-inclusive but instead capture the significant unobservable inputs relevant to the Company’s determination of fair value. As of June 30, 2024 ($ in thousands) Fair Value Valuation Unobservable Range Impact to First lien senior secured debt investments $ 48,250 Recent Transaction Transaction Price N/A N/A $ 48,250

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Jun. 30, 2024
Debt Disclosure [Abstract]
Summary of Outstanding Debt Obligations	The Company's outstanding debt obligations as of June 30, 2024 were as follows: June 30, 2024 ($ in thousands) Aggregate Outstanding Net Carrying Unused Committed Principal Value Portion (1) MS Revolving Credit Facility $ 300,000 $ — $ — $ 300,000 (1) The unused portion is the amount upon which unused fees are based, if any.
Schedule of Interest Expense	The components of interest expense for the three and six months ended June 30, 2024 were as follows: ($ in thousands) For the Three Months Ended June 30, 2024 For the Six Months Ended June 30, 2024 Stated interest expense $ — $ — Unused/undrawn fees 379 379 Amortization of debt issuance costs 287 287 Administration fees 113 113 Total Interest Expense $ 779 $ 779 Average interest rate 1.03 % 1.03 % Average daily borrowings $ — $ —

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Summary of Outstanding Commitments to Investments	The Company had the following outstanding commitments to investments as of the following period: ($ in thousands) Commitment Type Commitment Unfunded Fair Value as of Triwest Healthcare Alliance Corp Delayed Draw Term Loan 11/1/2024 $ 50,000 $ ( 875 ) Total Unfunded Portfolio Company $ 50,000 $ ( 875 )

Net Assets (Tables)

Net Assets (Tables)	6 Months Ended
	Jun. 30, 2024
Investment Company [Abstract]
Summary of Shares Issued and Aggregate Offering Proceeds	The following table summarizes the total shares issued and aggregate offering proceeds related to the Company's capital drawdowns delivered pursuant to the Subscription Agreement as of June 30, 2024. ($ in thousands, except shares) Number of Aggregate Share Issuance Date Shares Issued Offering Proceeds 31-Dec-23 400 $ 10 7-May-24 7,759,600 193,990 Total 7,760,000 $ 194,000

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2024
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	The following table sets forth the computation of basic and diluted earnings per share during the three and six months ended June 30, 2024: ($ in thousands, except shares and per share data) For the Three Months Ended June 30, 2024 For the Six Months Ended Net increase (decrease) in net assets from operations $ ( 578 ) $ ( 578 ) Weighted average shares outstanding 4,690,268 2,345,334 Earnings per share $ ( 0.12 ) $ ( 0.25 )

Financial Highlights (Tables)

Financial Highlights (Tables)	6 Months Ended
	Jun. 30, 2024
Investment Company, Financial Highlights [Abstract]
Schedule of Financial Highlights	The following are the financial highlights for the six months ended June 30, 2024: ($ in thousands, except share and per share data) For the Six Months Ended June 30, 2024 Per Share Data: Net assets, beginning of period $ 25.00 Net investment income (1) 0.68 Net realized gains (losses) and change in unrealized appreciation (depreciation) (2) ( 0.75 ) Net increase (decrease) in net assets from operations ( 0.07 ) Distributions declared from net investment income (3) — Issuance of shares in connection with our DRP program — Total increase (decrease) in net assets — Net assets, end of period $ 24.93 Shares outstanding, end of period 7,760,000 Total return based on NAV (4) ( 0.28 ) % Ratios: Expenses before expense support to average net assets (5)(6) 38.58 % Expenses after expense support to average net assets (5)(6) 10.08 % Net investment income to average net assets (6) 28.52 % Portfolio turnover rate (7) 0.93 % Supplemental Data: Net assets, end of period $ 193,422 Total capital commitments, end of period $ 2,060,000 Ratios of total contributed capital to total committed capital, 9.42 % Average debt outstanding $ — Asset coverage ratio (8) N/A (1) The per share data was derived by using the weighted average shares outstanding during the period. (2) For the six months ended June 30, 2024, the amount shown does not correspond with the aggregate amount for the period as it includes the effect of the timing of capital transactions. (3) The per share data was derived using the actual shares outstanding at the date of the relevant transaction (see Note 9). (4) Total return (not annualized) is calculated as the change in net assets per share during the period, plus distributions per share (assuming distributions are reinvested in accordance with the Company's distribution reinvestment plan), divided by the net assets per share at the beginning of the period. (5) Operating expenses may vary in the future based on the amount of capital raised, the Adviser’s election to continue expense support, and other unpredictable variables. Amounts are annualized except for organization costs. (6) Investment income and offering expenses are annualized from May 7, 2024 (commencement of operations) through June 30, 2024. The results may not be meaningful. (7) Portfolio turnover rate is calculated using the lesser of the year-to-date sales or year-to-date purchases over the average of the invested assets at fair value for the period reported. Average invested assets at fair value is being calculated from commencement of operations. (8) In accordance with the 1940 Act, with certain, limitations, the Company is allowed to borrow amounts such that its asset coverage, as defined in the 1940 Act, is at least 150 % after such borrowing. There were no borrowings outstanding as of June 30, 2024.

Organization and Business - Add

Organization and Business - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	May 07, 2024	Jun. 30, 2024	Dec. 31, 2023	Dec. 20, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Advisor contribution				$ 10
Advisor contribution price per share				$ 25
Exchange for number shares of common share of beneficial interest				400
Common stock, par value		$ 0.001	$ 0.001	$ 0.001
Capital contributions received	$ 194,000

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Additional Information (Details)	3 Months Ended	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)
Accounting Policies [Abstract]
Organization expense	$ 0	$ 33,000
Capitalized and deferred offering costs		$ 1,052,000
Amortization period	12 months	12 months
Unamortized deferred offering costs	$ 4,004,000	$ 4,004,000
Distribution mandate percentage to qualify as RIC		90%
Tax expenses		$ 0
Interest and penalties		0
Loans on non-accrual status	$ 0	$ 0

Agreements and Related Party _2

Agreements and Related Party Transactions - Additional Information (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024	Dec. 31, 2023
Related Party Transaction [Line Items]
Management fee	$ 345,000	$ 345,000
Management fee payable	345,000	345,000	$ 0
Incentive fees on net investment income	0	0
Accrued or realized capital gains incentive fees	$ 0	$ 0
Investment Advisory Agreement
Related Party Transaction [Line Items]
Management fee, annual rate		1.25%
Management fee, description		The Management Fee is payable quarterly in arrears at an annual rate of 1.25% of the average value of the Company’s net assets as of the last day of the most recently completed calendar quarter and the last day of the immediately preceding calendar quarter, excluding cash and cash equivalents. The Management Fee for any partial quarter will be appropriately prorated and adjusted for any share issuances or repurchases. No management fee will be charged on committed but undrawn Capital Commitments
Management fee		$ 0
Incentive fee, Description		The Company will pay the Advisor an incentive fee (“Incentive Fee”) as set forth below. The Incentive Fee consists of two parts.
Hurdle rate		1.625%
Hurdle rate annualized		6.50%
Percentage of pre-incentive fee net investment income payable upon catch-up		100%
Pre-incentive fee net investment income maximum percentage considered per quarter		1.91%
Pre-incentive fee net investment income maximum percentage considered per annum		7.64%
Percentage of pre-incentive fee net investment income to adviser upon catch-up		15%
Capital gains incentive fee percentage upon realized capital gains		15%
Administration Agreement
Related Party Transaction [Line Items]
Administration fee paid		$ 0
Expense Support and Conditional Reimbursement Agreement
Related Party Transaction [Line Items]
Percentage of applicable quarter-end net asset value considered for required expense payment		0.375%
Percentage of applicable quarter-end net asset value considered for required expense payment, Annualized basis		1.50%
Adviser expense payments period considered for reimbursement		3 years
Percentage of net asset value considered for reimbursement payment		1.50%

Investments - Investments at Fa

Investments - Investments at Fair Value and Amortized Cost (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Amortized Cost	$ 346,841	$ 0
Fair Value	344,676
First-Lien Senior Secured Debt Investments
Schedule of Investments [Line Items]
Amortized Cost	346,841
Fair Value	$ 344,676

Investments - Industry Composit

Investments - Industry Composition of Investments Based on Fair Value (Details)	Jun. 30, 2024
Schedule of Investments [Line Items]
Total	100%
Automobile Components
Schedule of Investments [Line Items]
Total	4.30%
Building Products
Schedule of Investments [Line Items]
Total	1.70%
Chemicals
Schedule of Investments [Line Items]
Total	2%
Commercial Services & Supplies
Schedule of Investments [Line Items]
Total	4.60%
Construction & Engineering
Schedule of Investments [Line Items]
Total	2.60%
Construction Materials
Schedule of Investments [Line Items]
Total	2.90%
Diversified Consumer Services
Schedule of Investments [Line Items]
Total	1.50%
Diversified Financial Services
Schedule of Investments [Line Items]
Total	1.70%
Electric Utilities
Schedule of Investments [Line Items]
Total	2%
Electrical Equipment
Schedule of Investments [Line Items]
Total	2.90%
Health Care Equipment & Supplies
Schedule of Investments [Line Items]
Total	1.50%
Health Care Providers & Services
Schedule of Investments [Line Items]
Total	22.40%
Health Care Technology
Schedule of Investments [Line Items]
Total	5.80%
Hotels, Restaurants & Leisure
Schedule of Investments [Line Items]
Total	6.70%
Household Durables
Schedule of Investments [Line Items]
Total	2.20%
Household Products
Schedule of Investments [Line Items]
Total	2.30%
IT Services
Schedule of Investments [Line Items]
Total	1%
Machinery
Schedule of Investments [Line Items]
Total	2%
Oil, Gas & Consumable Fuels
Schedule of Investments [Line Items]
Total	3.80%
Professional Services
Schedule of Investments [Line Items]
Total	1.70%
Semiconductors & Semiconductor Equipment
Schedule of Investments [Line Items]
Total	1.20%
Software
Schedule of Investments [Line Items]
Total	15.40%
Specialty Retail
Schedule of Investments [Line Items]
Total	4.40%
Textiles, Apparel & Luxury Goods
Schedule of Investments [Line Items]
Total	1.70%
Transportation Infrastructure
Schedule of Investments [Line Items]
Total	1.70%

Investments - Geographic Compos

Investments - Geographic Composition of Investments at Cost And on Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Schedule of Investments [Line Items]
Amortized Cost	$ 346,841	$ 0
Fair Value	$ 344,676
% of Total Investments at Fair Value	100%
Fair Value as % of Net Assets	178%
North America
Schedule of Investments [Line Items]
Amortized Cost	$ 346,841
Fair Value	$ 344,676
% of Total Investments at Fair Value	100%
Fair Value as % of Net Assets	178%

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Value Hierarchy of Cash Equivalents and Investments (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	$ 355,902
First Lien Senior Secured Debt Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	344,676
Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	11,226
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	11,226
Level 1 | Cash Equivalents
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	11,226
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	296,426
Level 2 | First Lien Senior Secured Debt Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	296,426
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	48,250
Level 3 | First Lien Senior Secured Debt Investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investments at fair value	$ 48,250

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Changes in Fair Value of Investments for Level 3 Inputs (Details) - Level 3 - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Purchases of investments, net	$ 48,250,000	$ 48,250,000
Net change in unrealized appreciation (depreciation)	(4,000)	(4,000)
Net amortization/accretion of premium/discount on investments	4,000	4,000
Transfers into (out of) Level 3	0	0
Fair value, end of period	48,250,000	48,250,000
Net change in unrealized appreciation (depreciation) still held	(4,000)	(4,000)
First-Lien Senior Secured Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Purchases of investments, net	48,250,000	48,250,000
Net change in unrealized appreciation (depreciation)	(4,000)	(4,000)
Net amortization/accretion of premium/discount on investments	4,000	4,000
Fair value, end of period	48,250,000	48,250,000
Net change in unrealized appreciation (depreciation) still held	$ (4,000)	$ (4,000)

Fair Value Measurements - Sum_3

Fair Value Measurements - Summary of Changes in Fair Value of Investments for Level 3 Inputs (Parenthetical) (Details) - USD ($)	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Level 3
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Transfers into (out of) Level 3	$ 0	$ 0

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Quantitative Information About Significant Unobservable Inputs of Level 3 Assets (Details) - Level 3 $ in Thousands	Jun. 30, 2024 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 48,250
Recent Transaction | Transaction Price | First-Lien Senior Secured Debt Investments
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 48,250

Borrowings - Additional Informa

Borrowings - Additional Information (Details) - USD ($)		6 Months Ended
	Feb. 22, 2024	Jun. 30, 2024
Debt Instrument [Line Items]
Minimum percentage of asset coverage		150%
Borrowings outstanding		$ 0
Deferred financing costs		3,042,000
MS Revolving Credit Facility
Debt Instrument [Line Items]
Revolving loan facility, maximum principal amount	$ 300,000,000	$ 300,000,000
Interest rate description		Advances under the MS Revolving Credit Facility will initially bear interest at a per annum rate equal to an applicable benchmark (which is initially the forward-looking term rate based on the Secured Overnight Financing Rate (“SOFR”), for a tenor of three (3) months, as such rate is published by the CME Group Benchmark Administration Limited (CBA)), plus an applicable margin. As amended on June 6, 2024, the applicable margin on advances is (i) for the first six (6) months after February 22, 2024, 1.70% per annum, (ii) after the six (6) month anniversary of February 22, 2024, for the next three (3) months, 2.10% per annum, (iii) after the nine (9) month anniversary of February 22, 2024 and during the revolving period, which is scheduled to end three years after February 22, 2024, 2.35% per annum, and (iv) after the end of the revolving period, 2.85% per annum.
Interest rate after end of revolving period	2.85%
Revolving credit facility expiration date	Feb. 22, 2027
Revolving credit facility maturity date	Feb. 22, 2029
Revolving credit facility amount drawn		$ 0
Deferred financing costs		$ 3,328,000
MS Revolving Credit Facility | Applicable Margin on Advances, Interest Rate Scheduled for First 6 Months After February 22, 2024
Debt Instrument [Line Items]
Interest rate per annum	1.70%
MS Revolving Credit Facility | Applicable Margin on Advances, Interest Rate Scheduled After 6 Month Anniversary of February 22, 2024
Debt Instrument [Line Items]
Interest rate per annum	2.10%
MS Revolving Credit Facility | Applicable Margin on Advances, Interest Rate Scheduled to End 3 Years After February 22, 2024
Debt Instrument [Line Items]
Interest rate per annum	2.35%

Borrowings - Summary of Outstan

Borrowings - Summary of Outstanding Debt Obligations (Details) - MS Revolving Credit Facility - USD ($)	Jun. 30, 2024	Feb. 22, 2024
Line of Credit Facility [Line Items]
Aggregate Principal Committed	$ 300,000,000	$ 300,000,000
Net Carrying Value	0
Unused Portion	$ 300,000,000

Borrowings - Schedule of Intere

Borrowings - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Debt Disclosure [Abstract]
Unused/undrawn fees	$ 379	$ 379
Amortization of debt issuance costs	287	287
Administration fees	113	113
Total Interest Expense	$ 779	$ 779
Average interest rate	1.03%	1.03%

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	17 Months Ended
	Jun. 30, 2024 USD ($)
Other Commitments [Line Items]
Amount paid by Advisor	$ 8,123,000
General Indemnifications
Other Commitments [Line Items]
Accrued liability	$ 0

Commitments and Contingencies_2

Commitments and Contingencies - Summary of Outstanding Commitments to Investments (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Other Commitments [Line Items]
Unfunded Commitment	$ 50,000
Fair Value	$ (875)
Triwest Healthcare Alliance Corp | Delayed Draw Term Loan
Other Commitments [Line Items]
Commitment Expiration Date	Nov. 01, 2024
Unfunded Commitment	$ 50,000
Fair Value	$ (875)

Net Assets - Additional Informa

Net Assets - Additional Information (Details) - USD ($) $ in Billions	Jun. 30, 2024	Dec. 31, 2023
Investment Company [Abstract]
Common stock, issued	7,760,000	400
Common stock, outstanding	7,760,000	400
Capital commitments related to subscription agreements	$ 2.1
Capital commitments related to subscription agreements unfunded	$ 1.9

Net Assets - Summary of Shares

Net Assets - Summary of Shares Issued and Aggregate Offering Proceeds (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) shares
Shares Issued and Aggregate Offering Proceeds [Line Items]
Number of Shares Issued | shares	7,760,000
Aggregate Offering Proceeds | $	$ 194,000
31-Dec-23
Shares Issued and Aggregate Offering Proceeds [Line Items]
Number of Shares Issued | shares	400
Aggregate Offering Proceeds | $	$ 10
7-May-24
Shares Issued and Aggregate Offering Proceeds [Line Items]
Number of Shares Issued | shares	7,759,600
Aggregate Offering Proceeds | $	$ 193,990

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2024
Earnings Per Share [Abstract]
Net increase (decrease) in net assets from operations	$ (578)	$ (578)
Weighted average shares outstanding, basic	4,690,268	2,345,334
Weighted average shares outstanding, diluted	4,690,268	2,345,334
Earnings per share, basic	$ (0.12)	$ (0.25)
Earnings per share, diluted	$ (0.12)	$ (0.25)

Financial Highlights - Schedule

Financial Highlights - Schedule of Financial Highlights (Details) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) $ / shares shares
Per Share Data:
Net assets, beginning of period	$ 25
Net investment income	0.68
Net realized gains (losses) and change in unrealized appreciation (depreciation)	(0.75)
Net increase (decrease) in net assets from operations	(0.07)
Net assets, end of period	$ 24.93
Shares outstanding, end of period | shares	7,760,000
Total return based on NAV	(0.28%)
Ratios:
Expenses before expense support to average net assets	38.58%
Net investment income to average net assets	28.52%
Portfolio turnover rate	0.93%
Supplemental Data:
Net assets, end of period | $	$ 193,422
Total capital commitments, end of period | $	$ 2,060,000
Ratios of total contributed capital to total committed capital, end of period	9.42%

Financial Highlights - Schedu_2

Financial Highlights - Schedule of Financial Highlights (Parenthetical) (Details)	6 Months Ended
	Jun. 30, 2024 USD ($)
Investment Company, Financial Highlights [Abstract]
Minimum percentage of asset coverage	150%
Borrowings outstanding	$ 0

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($)	Jul. 01, 2024	Aug. 14, 2024	Jul. 10, 2024	Jun. 30, 2024	Feb. 22, 2024
Subsequent Event [Line Items]
Borrowings outstanding				$ 0
Subsequent Event [Member]
Subsequent Event [Line Items]
Stock issued and sold	411,547
Aggregate offering price	$ 10,300,000
Unfunded capital commitments	$ 1,900,000,000
Revolving loan facility, maximum principal amount			$ 100,000,000
MS Facility
Subsequent Event [Line Items]
Revolving loan facility, maximum principal amount				$ 300,000,000	$ 300,000,000
MS Facility | Subsequent Event [Member]
Subsequent Event [Line Items]
Borrowings outstanding		$ 170,000,000