Externally managed, diversified closed-end fund electing BDC status. Seeks current income and, to a lesser extent, long-term capital appreciation through directly originated private credit to large private borrowers (generally over $75 million EBITDA), emphasizing senior secured loans. At least 70% of assets go to private U.S. companies; at least 80% of total assets go to debt instruments. At June 30, 2026: 99.6% first lien, 96.1% floating rate, 76.0% U.S. by fair value. Uses borrowings, hedges fixed-rate notes with interest rate swaps and non-USD assets with currency forwards.