Externally managed, perpetual-life BDC seeking attractive risk-adjusted total returns, primarily current income and secondarily capital appreciation. It invests at least 80% of net assets plus borrowings in Infrastructure Assets (assets or companies deriving at least 50% of revenue from them, or devoting at least 50% of assets to them). At 6/30/2026 the portfolio was 83.5% equity and 16.5% senior and subordinated loans by fair value, concentrated in midstream and LNG, renewable power, data center loans and leased aircraft engines, with the majority in three investments.