Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

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Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Investment income:        
Dividend income $ 7,600 $ 0 $ 10,200 $ 0
Total investment income 331,259 215,805 644,761 394,581
Expenses:        
Total interest expense 88,668 61,600 174,761 111,563
Management fee expense 21,207 12,070 39,546 23,258
Income based incentive fee 27,025 17,211 52,590 31,459
Capital gains incentive fee 3,573 0 9,528 0
Professional fees 843 1,285 1,599 2,204
Board of Trustees’ fees 151 145 300 286
Administrative service expenses 847 581 1,669 1,154
Other general & administrative 2,410 2,044 4,793 3,695
Amortization of offering costs 363 389 816 754
Total expenses 150,783 98,693 296,288 180,851
Net investment income before excise tax 180,476 117,112 348,473 213,730
Excise tax expense 569 0 554 (5)
Net investment income after excise tax 179,907 117,112 347,919 213,735
Net realized and change in unrealized gain (loss):        
Realized gain (loss) on investments     (11,474) (10,366)
Foreign currency forward contracts (2,821) (7,152) (2,654) (7,681)
Foreign currency transactions 5,612 27 9,121 (142)
Net realized gain (loss) 1,266 (6,760) (5,007) (18,189)
Net change in unrealized appreciation (depreciation):        
Unrealized gain (loss)     52,015 115,990
Foreign currency forward contracts 4,754 3,409 17,248 904
Translation of assets and liabilities in foreign currencies (3,458) (5,960) 11,972 (7,493)
Net change in unrealized appreciation (depreciation) 27,324 35,566 81,235 109,401
Net realized and change in unrealized gain (loss) 28,590 28,806 76,228 91,212
Net increase (decrease) in net assets resulting from operations 208,497 145,918 424,147 304,947
Common Class D        
Expenses:        
Distribution and/or shareholder servicing fees 560 313 1,057 588
Common Class F        
Expenses:        
Distribution and/or shareholder servicing fees 4,724 3,055 9,033 5,890
Common Class S        
Expenses:        
Distribution and/or shareholder servicing fees 412 0 596 0
Non-controlled/non-affiliated        
Investment income:        
Interest income 303,580 206,356 595,344 379,998
Payment-in-kind interest income 16,910 8,161 34,940 12,891
Dividend income 973 47 1,768 47
Other income 3,170 1,241 4,264 1,645
Net realized and change in unrealized gain (loss):        
Realized gain (loss) on investments (1,525) 365 (11,474) (10,366)
Net change in unrealized appreciation (depreciation):        
Unrealized gain (loss) 19,374 38,117 38,719 115,990
Controlled/affiliated        
Investment income:        
Dividend income 6,626 0 8,445 0
Net realized and change in unrealized gain (loss):        
Realized gain (loss) on investments     0  
Net change in unrealized appreciation (depreciation):        
Unrealized gain (loss) 6,234 0 12,922 0
Noncontrolled/affiliated        
Net realized and change in unrealized gain (loss):        
Realized gain (loss) on investments     0  
Net change in unrealized appreciation (depreciation):        
Unrealized gain (loss) $ 420 $ 0 $ 374 $ 0