Externally managed, non-diversified BDC seeking current income and capital appreciation. It makes directly originated one stop (unitranche) and first lien senior secured loans to U.S. private-equity-sponsored middle-market companies and invests at least 80% of total assets in private credit. At 6/30/2026 it held $9.62B of investments across 454 portfolio companies: about 96% first lien, 99% floating rate, 45% weighted average loan-to-value, software 21%, against $4.47B net assets at 1.20x debt-to-equity.