Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.23.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Investment income:    
Interest income $ 173,642 $ 17,438
Payment-in-kind interest income 4,730 617
Other income 404 114
Total investment income 178,776 18,169
Expenses:    
Total interest expense 49,963 5,750
Management fee expense 11,188 1,425
Income based incentive fee 14,248 1,016
Professional fees 919 412
Board of Trustees’ fees 141 138
Administrative service expenses 573 214
Other general & administrative 1,651 551
Amortization of offering costs 365 353
Total expenses 82,158 10,221
Expense support 0 (2,827)
Reimbursable expenses previously borne by Adviser 0 1,196
Net expenses 82,158 5,787
Net investment income before excise tax 96,618 12,382
Excise tax expense (5) 0
Net investment income after excise tax 96,623 12,382
Net realized and change in unrealized gain (loss):    
Non-controlled/non-affiliated investments (10,731) 17
Foreign currency forward contracts (529) 0
Foreign currency transactions (169) 284
Net realized gain (loss) (11,429) 301
Net change in unrealized appreciation (depreciation):    
Non-controlled/non-affiliated investments 77,873 (3,156)
Foreign currency forward contracts (2,505) 18
Translation of assets and liabilities in foreign currencies (1,533) 86
Unrealized Gain (Loss) on Investments 73,835 (3,052)
Net realized and change in unrealized gain (loss) 62,406 (2,751)
Net increase (decrease) in net assets resulting from operations 159,029 9,631
Common Class D    
Expenses:    
Distribution and shareholder servicing fees 275 31
Common Class F    
Expenses:    
Distribution and shareholder servicing fees 2,835 331
Managing Dealer Agreement    
Expenses:    
Voluntary fee waived 0 (362)
Base Management Fee    
Expenses:    
Voluntary fee waived 0 (1,425)
Incentive Fee    
Expenses:    
Voluntary fee waived $ 0 $ (1,016)