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in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/25/20272025-01-012025-12-310001885968country:AU2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.25% PIK) Interest Rate 9.45% Maturity Date 05/23/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.72% Maturity Date 10/30/2031 One2025-12-310001885968Equity Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Preferred Equity Reference Rate and Spread 6.00% PIK Acquisition Date 03/29/20242025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.70% Maturity Date 11/08/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/22/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.84% Maturity Date 10/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/30/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 12/30/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Deerfield Dakota Holding, LLC First Lien Debt Reference Rate and Spread S + 5.75% (incl. 2.75% PIK) Interest Rate 9.45% Maturity Date 09/13/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 07/14/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/22/20272026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberck0001885968:AutomobilesSectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/24/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services DCA Investment Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 12.08% Maturity Date 04/03/20282026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:BuildingProductsMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Potter Buyer, LLC Commitment Type Revolver Commitment Expiration Date 04/23/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/29/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/29/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberus-gaap:IncomeApproachValuationTechniqueMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Revolver Commitment Expiration Date 08/20/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.67% Maturity Date 12/17/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 10.77% Maturity Date 03/18/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/12/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 07/26/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bullhorn, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/01/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20262025-01-012025-12-310001885968us-gaap:FairValueInputsLevel2Memberck0001885968:DebtSecuritiesFirstLienMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Redwood Services Group, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 06/15/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt E-Discovery AcquireCo, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Revolver Commitment Expiration Date 11/18/20312026-03-310001885968Equity Investments - non-controlled/affiliated Financial Services Applitools, Inc. Common Equity Acquisition Date 07/18/20252026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/26/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Project Accelerate Parent, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 02/24/2031 One2026-03-310001885968ck0001885968:UnfundedDebtSecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.84% Maturity Date 06/30/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/24/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies BPG Holdings IV Corp. First Lien Debt Reference Rate and Spread S+ 7.00% (incl. 5.00% PIK) Interest Rate 10.67% Maturity Date 07/30/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 04/12/2032 One2025-12-310001885968Debt Investments - non-controlled/affiliated Distributors Alpine Acquisition Corp. II First Lien Debt Reference Rate and Spread S +5.25% Interest Rate 8.81% Maturity Date 01/14/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/15/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Revolver Commitment Expiration Date 04/07/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/24/2032 One2026-03-310001885968ck0001885968:BeveragesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/01/20272026-01-012026-03-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2026-03-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services mPulse Mobile, Inc. Common Equity Acquisition Date 12/17/20212025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LHS Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/04/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/28/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.77% Maturity Date 7/4/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services SitusAMC Holdings Corporation First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 05/114/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.72% Maturity Date 12/30/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Patriot Growth Insurance Services, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 10/16/20282025-12-310001885968ck0001885968:AutoComponentsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Fetch, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/31/2033 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/17/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 07/26/2032 One2025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Preferred Equity Reference Rate and Spread S+ 8.00% PIK Acquisition Date 02/028/20252026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 9.13% Maturity Date 10/15/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20272025-12-310001885968ck0001885968:ElectricalEquipmentSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 06/04/2032 Two2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Revalize, Inc. First Lien Debt Reference Rate and Spread S + 6.50% (incl. 1.75% PIK) Interest Rate 10.35% Maturity Date 04/16/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Astra Service Partners, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/26/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/01/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.18% Maturity Date 09/08/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Distributors ABB Concise Optical Group, LLC First Lien Debt Reference Rate and Spread S+ 7.50% Interest Rate 11.34% Maturity Date 02/23/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.94% Maturity Date 09/18/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/17/20312026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 12/30/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 06/27/20312025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/27/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/27/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Applitools, Inc. First Lien Debt Reference Rate and Spread S+ 6.25% PIK Interest Rate 9.92% Maturity Date 05/25/20292025-12-310001885968us-gaap:ChemicalsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Revolver Commitment Expiration Date 06/04/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20262025-12-310001885968us-gaap:OtherAggregatedInvestmentsMember2024-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Montana Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 07/22/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.45% Maturity Date 07/20/20292026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services LUV Car Wash Common Equity Acquisition Date 12/06/20222026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apryse Software Corp. Commitment Type Revolver Commitment Expiration Date 06/28/20322026-01-012026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.47% Maturity Date 06/24/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Revolver Commitment Expiration Date 06/03/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.68% Maturity Date 11/17/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 08/29/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.43% Maturity Date 07/03/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 8.98% Maturity Date 06/29/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sonny's Enterprises, LLC Commitment Type Revolver Commitment Expiration Date 08/05/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hootsuite, Inc. Commitment Type Revolver Commitment Expiration Date 05/22/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 08/29/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Redwood Services Group, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.93% Maturity Date 06/15/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Revolver Commitment Expiration Date 10/29/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 12/06/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies AWP Group Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/23/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/30/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/01/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-01-012025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.70% Maturity Date 12/17/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 06/03/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.52% Maturity Date 02/19/20302026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:BarclaysFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/23/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services BCTO Bluebill Midco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 07/30/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt V Global Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Revolver Commitment Expiration Date 08/08/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Revolver Commitment Expiration Date 12/07/20282026-01-012026-03-310001885968ck0001885968:IndustrialConglomeratesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 10/04/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/15/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Aprio Advisory Group, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/01/2031 One2026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/22/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/28/20272025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 03/25/20322025-12-310001885968Debt Investments - non-controlled/non - affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 06/24/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 05/23/20302025-12-310001885968country:AUck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.79% Maturity Date 08/31/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/20/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CCI Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 05/13/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Anaplan, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.32% Maturity Date 06/21/20292025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:JPMFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Redwood Services Group, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.93% Maturity Date 06/15/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tank Holding Corp. Commitment Type Revolver Commitment Expiration Date 03/31/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Revolver Commitment Expiration Date 02/25/20332026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Hootsuite, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.18% Maturity Date 05/22/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Project Accelerate Parent, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 02/24/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Integrity Marketing Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 08/25/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Astra Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/26/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.10% Maturity Date 12/17/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20312026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Common Equity Acquisition Date 09/09/20252026-03-310001885968us-gaap:EquitySecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 10/24/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/30/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 09/08/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20272026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968ck0001885968:DistributorsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Revolver Commitment Expiration Date 03/09/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Icefall Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 01/25/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense GB Eagle Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.35% Maturity Date 11/29/2030 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PMA Parent Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/31/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accel International Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 04/26/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/26/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/10/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/06/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.67% Maturity Date 11/10/2018 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/31/20262025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRatePreIncentiveFeeNetInvestmentIncomeExceedsProductOfTheFloatingRateMember2026-01-012026-03-310001885968us-gaap:MoneyMarketFundsMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software LogRhythm, Inc. First Lien Debt Reference Rate and Spread S +7.50% Interest Rate 11.17% Maturity Date 07/02/20292026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.89% Maturity Date 08/08/2031 Two2026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 06/24/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Revolver Commitment Expiration Date 02/02/20322026-03-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Common Equity Acquisition Date 12/10/20212025-09-300001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GB Eagle Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/12/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/26/20282026-03-310001885968Equity Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Preferred Equity Reference Rate and Spread 10.50% PIK Acquisition Date 12/21/20212026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 11/30/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt RoadOne IntermodaLogistics Commitment Type Revolver Commitment Expiration Date 12/29/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 04/12/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/27/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 1/11/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LogRhythm, Inc. Commitment Type Revolver Commitment Expiration Date 07/02/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AuditBoard, Inc. Commitment Type Revolver Commitment Expiration Date 07/14/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 08/29/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PMA Parent Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/31/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tank Holding Corp. Commitment Type Revolver Commitment Expiration Date 03/31/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Revolver Commitment Expiration Date 08/08/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Specialty Pharma III, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Distributors ABB Concise Optical Group, LLC First Lien Debt Reference Rate and Spread S + 7.50% Interest Rate 11.36% Maturity Date 02/23/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.90% Maturity Date 10/15/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.67% Maturity Date 12/17/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 05/25/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/01/20262025-12-310001885968us-gaap:FairValueInputsLevel1Memberus-gaap:EquitySecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Transportation Infrastructure Jeppesen Holdings, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.59% Maturity Date 11/01/20322025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMember2025-03-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.56% Maturity Date 01/27/20322025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.92% Maturity Date 02/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Revolver Commitment Expiration Date 10/29/20292026-03-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberus-gaap:OtherAggregatedInvestmentsMember2026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ConsumerStaplesDistributionAndRetailSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968ck0001885968:WirelessTelecommunicationsServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/01/20262025-12-310001885968us-gaap:ContainerAndPackagingSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/15/20312025-01-012025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateQuarterlyHurdleRateMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-01-012026-03-310001885968us-gaap:RelatedPartyMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Caerus US 1, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/06/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hootsuite, Inc. Commitment Type Revolver Commitment Expiration Date 05/22/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Blue River PetCare, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20292026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.90% Maturity Date 03/12/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. First Lien Debt Reference Rate and Spread C + 5.25% Interest Rate 7.51% Maturity Date 12/28/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Transportation Infrastructure Jeppesen Holdings, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.59% Maturity Date 11/01/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 8.13% Maturity Date 05/24/2032 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Revolver Commitment Expiration Date 08/02/20302025-12-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/2028 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputRevenueMultipleMembersrt:MaximumMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968us-gaap:FairValueInputsLevel2Memberus-gaap:EquitySecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software IQN Holding Corp. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.125% PIK) Interest Rate 9.45% Maturity Date 05/02/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.95% Maturity Date 07/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FLS Holding, Inc. Commitment Type Revolver Commitment Expiration Date 12/17/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.25% Maturity Date 09/08/20312025-12-310001885968ck0001885968:GroundTransportationSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Magneto Components Buyco, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.67% Maturity Date 12/05/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 06/04/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Revolver Commitment Expiration Date 06/17/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.90% Maturity Date 10/15/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread E + 5.25% Interest Rate 7.15% Maturity Date 10/30/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Mantech International CP First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.29% Maturity Date 09/14/20292025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 06/27/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.70% Maturity Date 11/10/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense GB Eagle Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.35% Maturity Date 11/29/20302025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 03/28/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/26/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ascend Partner Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sherlock Buyer Corp. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.45% Maturity Date 7/12/20292026-03-310001885968ck0001885968:UnfundedDebtSecuritiesFirstLienMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services ComPsych Investment Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 07/22/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/26/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Consumer Staples Distribution & Retail PDI TA Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.34% Maturity Date 02/03/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IQN Holding Corp. Commitment Type Revolver Commitment Expiration Date 05/02/20282025-12-310001885968ck0001885968:WirelessTelecommunicationsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Equity Investments - non-controlled/non-affiliated Distributors 48Forty Solutions, LLC Common Equity Acquisition Date 11/01/20242025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/19/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Technology Hyland Software, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/19/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 08/02/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 10/30/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Iris Buyer, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.09% Maturity Date 10/02/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.59% Maturity Date 01/29/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/02/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Revolver Commitment Expiration Date 01/27/20322025-12-310001885968us-gaap:MoneyMarketFundsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 05/06/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/27/20272026-01-012026-03-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRatePreIncentiveFeeNetInvestmentIncomeExceedsProductOfTheFloatingRateAnnualizedMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 8.98% Maturity Date 06/29/2027 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Revolver Commitment Expiration Date 05/23/20302025-12-310001885968Equity Investments - non-controlled/affiliated Insurance Services Frisbee Holdings, LP (Fetch) Common Equity Acquisition Date 10/31/20222026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/5/2031 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968ck0001885968:DistributorsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.25% Maturity Date 05/31/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.32% Maturity Date 11/17/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Intelerad Medical Systems Incorporated First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.49% Maturity Date 08/21/2026 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.09% Maturity Date 02/27/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Revolver Commitment Expiration Date 06/17/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sonny's Enterprises, LLC Commitment Type Revolver Commitment Expiration Date 08/05/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/18/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Revolver Commitment Expiration Date 02/16/20292026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services SDB Holdco, LLC Common Equity Acquisition Date 03/29/20242025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 10/29/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Second Lien Debt Reference Rate and Spread 14.50% (incl. 7.00% PIK) Interest Rate 14.50% Maturity Date 09/11/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.79% Maturity Date 08/31/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/14/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vanco Payment Solutions, LLC Commitment Type Revolver Commitment Expiration Date 12/01/20312026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberus-gaap:TechnologySectorMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 12/30/20302025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Common Equity Acquisition Date 12/10/20212026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.95% Maturity Date 07/26/20322026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 10/24/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.71% Maturity Date 11/01/2029 Ove2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Arcoro Holdings Corp. Commitment Type Revolver Commitment Expiration Date 03/28/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 02/14/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Answer Acquisition, LLC First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.69% Maturity Date 06/30/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Revolver Commitment Expiration Date 12/28/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Montana Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 07/22/20282026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt Alpine Acquisition Corp. II2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IQN Holding Corp. Commitment Type Revolver Commitment Expiration Date 05/02/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Consumer Staples Distribution & Retail PDI TA Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 6.00% (incl. 2.50% PIK) Interest Rate 9.67% Maturity Date 02/03/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 08/29/2031 One2026-03-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMember2025-01-012025-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Revolver Commitment Expiration Date 01/12/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals V Global Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 6.25% (incl. 3.70% PIK) Interest Rate 9.53% Maturity Date 2/1/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Raptor Merger Sub Debt, LLC Commitment Type Revolver Commitment Expiration Date 04/01/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Arcoro Holdings Corp. Commitment Type Revolver Commitment Expiration Date 03/28/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Pareto Health Intermediate Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.35% Maturity Date 06/03/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360,LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/02/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 01/02/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Jonathan Acquisition Company Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.34% One Maturity Date 05/11/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.59% Maturity Date 01/29/2030 Two2025-12-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/24/20312026-03-310001885968Debt Investments - non-controlled/non - affiliated Software IQN Holding Corp. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.125% PIK) Interest Rate 9.45% Maturity Date 05/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Nasuni Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/09/20302025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:UtilitiesSectorMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Revolver Commitment Expiration Date 11/10/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.67% Maturity Date 2/2/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.15% Interest Rate S + 7.85% Maturity Date 07/26/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Revolver Commitment Expiration Date 03/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 05/25/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread P + 4.25% Interest Rate 11.00% Maturity Date 01/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 10/04/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 07/14/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fetch, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20332026-03-310001885968Equity Investments - non-controlled/non-affiliated Automobile Components Continental Group Holdings, LP Common Equity Acquisition Date 07/16/20252026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/02/20262026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/08/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software IQN Holding Corp. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 05/02/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Revolver Commitment Expiration Date 07/03/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.35% Maturity Date 08/04/20272026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Common Equity Acquisition Date 02/03/20252025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/05/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AuditBoard, Inc. Commitment Type Revolver Commitment Expiration Date 07/14/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Superman Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.59% Maturity Date 03/31/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 05/12/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Magneto Components Buyco, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.67% Maturity Date 12/05/20292025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Common Equity Acquisition Date 02/28/20252025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/30/2032 One2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ElectricalEquipmentSectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.45% Maturity Date 03/25/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Revolver Commitment Expiration Date 06/04/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 06/01/20292025-01-012025-12-310001885968us-gaap:PrimeRateMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Atlas US Finco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 11/12/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pamlico Avant Holdings, LP Commitment Type Revolver Commitment Expiration Date 12/31/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Revalize, Inc. Commitment Type Revolver Commitment Expiration Date 04/16/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Verdantas, LLC Commitment Type Revolver Commitment Expiration Date 05/06/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.10% Maturity Date 09/30/2031 One2025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRatePreIncentiveFeeNetInvestmentIncomeBelowCatchUpThresholdMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 11/30/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/07/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Revolver Commitment Expiration Date 03/09/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Gateway US Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 09/22/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/18/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Superman Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Revolver Commitment Expiration Date 01/29/20302026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC Common Equity Acquisition Date 11/27/20232025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Continental Battery Company First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 11.29% Maturity Date 07/20/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/26/2032 One2025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Topco, LP Common Equity Acquisition Date 12/28/20222025-12-310001885968ck0001885968:BankSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.09% Maturity Date 02/27/2030 One2025-12-310001885968us-gaap:FinancialServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:BuildingProductsMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/04/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/20/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/18/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/26/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vensure Employer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/27/20262025-01-012025-12-310001885968ck0001885968:HealthCareTechnologyMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/28/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jonathan Acquisition Company Commitment Type Revolver Commitment Expiration Date 05/11/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services ComPsych Investment Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.61% Maturity Date 07/22/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MRI Software, LLC Commitment Type Revolver Commitment Expiration Date 02/10/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/26/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/25/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Revolver Commitment Expiration Date 06/12/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 10/01/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Revolver Commitment Expiration Date 09/14/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/06/20272025-12-310001885968us-gaap:DebtSecuritiesMember2025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:HealthCareEquipmentAndSuppliesSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/08/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tidi Legacy Products, Inc. Commitment Type Revolver Commitment Expiration Date 12/19/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Revolver Commitment Expiration Date 02/16/20292026-03-310001885968us-gaap:AerospaceSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. Other Debt Reference Rate and Spread 8.00% PIK Interest Rate 12.20% Maturity Date 02/28/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/11/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Revalize, Inc. Commitment Type Revolver Commitment Expiration Date 04/16/20292025-01-012025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateAnnualizedCatchUpThresholdMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.70% Maturity Date 11/08/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20282026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/23/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/20/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/2031Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AuditBoard, Inc. Commitment Type Revolver Commitment Expiration Date 07/14/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 12/20/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/09/2028 One2026-03-310001885968ck0001885968:BankSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Purchaser, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.58%2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 08/02/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.67% Maturity Date 2/2/2032 Two2026-03-310001885968ck0001885968:LifeSciencesToolsServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services CCI Buyer, Inc. First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.67% Maturity Date 05/13/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Zarya Intermediate, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.17% Maturity Date 07/01/2027 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 09/29/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 12/20/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/29/20302026-03-310001885968us-gaap:DebtSecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Preferred Equity Reference Rate and Spread 10.00% Acquisition Date 05/03/20242025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accel International Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 04/26/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 07/26/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/29/2031 One2025-12-310001885968us-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/06/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/03/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Heartland Home Services First Lien Debt Reference Rate and Spread S+ 5.75% Interest Rate 9.52% Maturity Date 12/15/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 7.51% Maturity Date 12/28/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bullhorn, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.72% Maturity Date 10/01/2029 One2025-12-310001885968us-gaap:EquitySecuritiesMember2025-01-012025-03-310001885968ck0001885968:InteractiveMediaAndServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Express Wash Acquisition Company, LLC Commitment Type Revolver Commitment Expiration Date 04/10/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/01/20292025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Topco, LP Common Equity Acquisition Date 12/28/20222026-03-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Rights Common Equity Acquisition Date 03/12/20242025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Leaf Home, LLC Preferred Equity Reference Rate and Spread 14.00% PIK Acquisition Date 09/05/20252026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.35% Maturity Date 08/04/2027 One2026-03-310001885968us-gaap:FinancialServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 12/06/2032 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsOtherDebtMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Vensure Employer Services, Inc. LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/29/2031 One2025-12-310001885968country:GB2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/10/20272026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Bottomline Technologies, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 05/14/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread SA + 5.50% Interest Rate 9.23% Maturity Date 10/30/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/09/20322026-03-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Rights Common Equity Acquisition Date 03/12/20242026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/22/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hyland Software, Inc. Commitment Type Revolver Commitment Expiration Date 09/19/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/15/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.69% Maturity Date 10/16/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/05/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.82% Maturity Date 07/28/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/14/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/01/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/04/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/23/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Patriot Growth Insurance Services, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.85% Maturity Date 10/16/2028 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC Common Equity Acquisition Date 11/27/20232026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 10/30/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.70% Maturity Date 12/17/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 04/12/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.95% Maturity Date 05/28/20322026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberus-gaap:FairValueInputsLevel1Member2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Majesco, Inc. Commitment Type Revolver Commitment Expiration Date 01/07/20332026-03-310001885968ck0001885968:MarketRiskMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Infinite Bidco, LLC Second Lien Debt Reference Rate and Spread S+ 7.00% Interest Rate 10.93% Maturity Date 03/02/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Atlas US Finco, Inc. Commitment Type Revolver Commitment Expiration Date 12/11/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Revolver Commitment Expiration Date 02/10/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vehlo Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Midco, LLC Second Lien Debt Maturity Date 03/12/20362025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Icefall Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 01/25/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 05/25/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.66% Maturity Date 07/02/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.31% Maturity Date 06/29/2027 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Atlas US Finco, Inc. Commitment Type Revolver Commitment Expiration Date 12/09/20282025-01-012025-12-310001885968country:GB2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 04/07/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Revolver Commitment Expiration Date 06/03/20312026-03-310001885968ck0001885968:ConstructionAndEngineeringSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/12/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Securonix, Inc. First Lien Debt Reference Rate and Spread S +7.25% (incl. 3.75% PIK) Interest Rate 10.90% Maturity Date 04/05/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/08/20302026-01-012026-03-310001885968ck0001885968:CORRAMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/28/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/18/20262025-01-012025-12-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC Investment First Lien Debt Reference Rate and Spread P + 4.75% Interest Rate 8.45% Maturity Date 01/05/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pamlico Avant Holdings, LP Commitment Type Revolver Commitment Expiration Date 12/31/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyara AcquisitionCo, LLC Commitment Type Revolver Commitment Expiration Date 06/28/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 10/02/2029 Two2025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Leaf Home, LLC Preferred Equity Reference Rate and Spread 14.00% PIK Acquisition Date 09/04/20252025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 05/12/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies YI, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.43% Maturity Date 12/03/2029 One2026-03-310001885968us-gaap:EquitySecuritiesMember2024-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/10/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 11/30/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LHS Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/04/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Specialty Pharma III, Inc. First Lien Debt Reference Rate and Spread P+ 4.75% Interest Rate 11.50% Maturity Date 12/23/20322025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberck0001885968:UtilitiesSectorMember2025-12-310001885968ck0001885968:BuildingProductsMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/01/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ascend Partner Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Astra Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/26/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Revolver Commitment Expiration Date 11/21/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Revolver Commitment Expiration Date 07/23/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Raptor Merger Sub Debt, LLC Commitment Type Revolver Commitment Expiration Date 04/01/20302026-01-012026-03-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateQuarterlyCatchUpThresholdMember2026-01-012026-03-310001885968us-gaap:AerospaceSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 11/22/2032 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Advarra Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/14/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Vanco Payment Solutions, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.42% Maturity Date 12/01/2031One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/25/20262025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/02/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Answer Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 06/30/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Midco, LLC Investment Second Lien Debt Reference Rate and Spread Interest Rate 0.00% Maturity Date 12/3/20342026-03-310001885968Equity Investments - non-controlled/non-affiliated Software RSK Holdings, Inc. (Riskonnect) Preferred Equity Reference Rate and Spread 10.50% PIK Acquisition Date 07/07/20222026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/27/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 06/23/20322025-12-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services mPulse Mobile, Inc. Common Equity Acquisition Date 12/17/20212026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Revolver Commitment Expiration Date 06/23/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Redwood Services Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/03/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/11/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zenith Acquisitionco, LLC Commitment Type Revolver Commitment Expiration Date 11/26/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/27/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 10/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.94% Maturity Date 09/18/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/01/20292025-12-310001885968Investment Two2025-12-310001885968country:US2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.32% Maturity Date 08/04/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/15/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/08/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Apryse Software Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.46% Maturity Date 06/28/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Arcoro Holdings Corp. Commitment Type Revolver Commitment Expiration Date 03/28/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/29/20312025-12-3100018859682024-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Arcoro Holdings Corp. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.20% Maturity Date 03/28/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Apryse Software Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.46% Maturity Date 06/28/20322026-03-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apryse Software Corp. Commitment Type Revolver Commitment Expiration Date 06/28/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/30/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Machinery Answer Acquisition, LLC First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.69% Maturity Date 06/30/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 10/04/2030 Two2026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Icefall Parent, Inc. First Lien Debt Reference Rate and Spread 4.50% Interest Rate 8.20% Maturity Date 01/25/2030 One2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ElectricalEquipmentSectorMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tank Holding Corp. Commitment Type Revolver Commitment Expiration Date 03/31/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.45% Maturity Date 07/20/2029 Two2026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMemberck0001885968:SterlingOvernightIndexAverageSONIAMember2023-02-232023-02-230001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Revolver Commitment Expiration Date 05/28/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Cyara AcquisitionCo, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 06/28/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services PMA Parent Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/31/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 05/31/20282025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/06/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 05/06/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Patriot Growth Insurance Services, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.85% Maturity Date 10/16/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/11/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PT Intermediate Holdings III, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/08/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zarya Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 07/01/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Revolver Commitment Expiration Date 02/02/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S+ 6.50% Interest Rate 10.66% Maturity Date 07/03/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies PerkinElmer U.S., LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.48% Maturity Date 03/13/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/26/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC Unsecured Debt Reference Rate and Spread 13.00% PIK Interest Rate 13.00% Maturity Date 05/23/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Arcoro Holdings Corp. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.17% Maturity Date 03/28/20302025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Long Term Care Group, Inc. Investment First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.93% Maturity Date 09/08/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/04/20272025-01-012025-12-310001885968us-gaap:InterestRateRiskMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.42% Maturity Date 02/02/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/19/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 05/12/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Fetch Insurance Services, LLC Other Debt Reference Rate 12.75% (incl 3.75% PIK) Interest Rate 12.75% Maturity Date 10/31/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Revolver Commitment Expiration Date 01/12/20322025-12-310001885968ck0001885968:SoftwareSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 8.10% Maturity Date 08/02/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Revolver Commitment Expiration Date 08/20/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/02/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 01/02/20292025-12-310001885968country:CA2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Blue River PetCare, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/11/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Delayed Draw Term Loan Loan Commitment Expiration Date 09/20/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/2026 One2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 09/08/20312026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Software RSK Holdings, Inc. (Riskonnect) Preferred Equity Reference Rate and Spread 10.50% Acquisition Date 07/07/20222025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jeppesen Holdings, LLC Commitment Type Revolver Commitment Expiration Date 11/01/20322025-12-310001885968us-gaap:ContainerAndPackagingSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Express Wash Acquisition Company, LLC Commitment Type Revolver Commitment Expiration Date 04/10/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/30/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Revolver Commitment Expiration Date 10/01/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Machinery Answer Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.82% Maturity Date 06/30/20282025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. Second Lien Debt Reference Rate and Spread 6.25% (incl. 5.25% PIK) Interest Rate 10.07% Maturity Date 02/28/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Revolver Commitment Expiration Date 02/16/20292025-12-310001885968country:AUck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tidi Legacy Products, Inc. Commitment Type Revolver Commitment Expiration Date 12/19/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MRI Software, LLC Commitment Type Revolver Commitment Expiration Date 02/10/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Consumer Staples Distribution & Retail PDI TA Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.34% Maturity Date 02/03/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.25% Maturity Date 09/08/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Trintech, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/28/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/14/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Revolver Commitment Expiration Date 04/12/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/20312026-03-310001885968us-gaap:EquitySecuritiesMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 12/20/2028 Two2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:MaximumMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Blue River PetCare, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/01/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Answer Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 06/30/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Investment Second Lien Debt Reference Rate and Spread 14.50% (incl. 7.00% PIK) Interest Rate 14.50% Maturity Date 09/11/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 10/24/20292025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMembercountry:US2025-01-012025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMemberck0001885968:VariableRateComponentTwoMemberus-gaap:SecuredOvernightFinancingRateSofrMember2021-11-052021-11-050001885968Equity Investments - non-controlled/non-affiliated Software Reveal Data Solutions Common Equity Acquisition Date 08/29/20232026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.82% Maturity Date 07/26/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/22/20262026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Magneto Components Buyco, LLC Commitment Type Revolver Commitment Expiration Date 12/05/20292026-03-310001885968ck0001885968:DistributorsSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics Investment First Lien Debt Reference Rate and Spread S + 6.75% Interest Rate 10.45% Maturity Date 12/29/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Iris Buyer, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.09% Maturity Date 10/02/2030 One2025-12-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberus-gaap:EquitySecuritiesMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Revolver Commitment Expiration Date 07/03/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/29/20282026-01-012026-03-310001885968ck0001885968:SoftwareSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968us-gaap:FinancialServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 08/29/2031 Two2026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Preferred Equity Reference Rate and Spread 8.00% PIK Acquisition Date 09/09/20252026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/20312026-03-310001885968us-gaap:RetainedEarningsMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.31% Maturity Date 06/29/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/20322025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Topco, Inc Preferred Equity Reference Rate and Spread 12.50% PIK Acquisition Date 09/05/20242025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Project Accelerate Parent, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 02/24/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Revolver Commitment Expiration Date 12/07/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/29/2028 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Revolver Commitment Expiration Date 02/02/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IG Investment Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/22/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vensure Employer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/06/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/07/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Express Wash Acquisition Company, LLC Commitment Type Revolver Commitment Expiration Date 04/10/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.48% Maturity Date 12/11/20282025-12-310001885968ck0001885968:DelayedDrawAndRevolvingSeniorSecuredLoansMember2025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2025-03-040001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.15% Interest Rate 7.85% Maturity Date 07/28/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 06/23/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/29/2031 Two2025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2022-10-120001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 05/06/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services World Insurance Associates, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 04/03/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/14/20262025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GB Eagle Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/12/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/06/20262026-03-310001885968us-gaap:RealEstateSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:MoneyMarketFundsMember2025-01-012025-12-310001885968country:US2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Revolver Commitment Expiration Date 11/18/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PDI TA Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 02/03/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities AWP Group Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 12/23/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LegitScript, LLC Commitment Type Revolver Commitment Expiration Date 06/24/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/26/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/12/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.10% Maturity Date 12/15/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Revolver Commitment Expiration Date 10/16/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt V Global Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20292025-01-012025-12-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2022-03-070001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 06/28/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Mantech International CP First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.29% Maturity Date 09/14/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Revolver Commitment Expiration Date 09/14/20282025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.34% Maturity Date 08/01/2029 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92 Maturity Date 12/28/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% (incl. 4.25% PIK) Interest Rate 9.67% Maturity Date 11/08/2030 One2025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Applitools, Inc. First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 9.92% Maturity Date 05/25/20282026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputRevenueMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Lightspeed Solution, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.72% Maturity Date 03/01/2028One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Building Products Project Potter Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 04/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Specialty Pharma III, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.44% Maturity Date 12/23/2032 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.35% Maturity Date 08/04/2027 Two2026-03-310001885968ck0001885968:SterlingOvernightIndexAverageSONIAMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IQN Holding Corp. First Lien Debt Reference Rate and Spread S+ 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 05/02/2029 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Infinite Bidco, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 10.14% Maturity Date 03/02/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt YI, LLC Commitment Type Revolver Commitment Expiration Date 12/03/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.19% Maturity Date 12/23/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread P+ 3.75% Interest Rate 10.50% Maturity Date 11/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/10/20272025-12-310001885968ck0001885968:PharmaceuticalsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 11/21/2031 One2026-03-310001885968ck0001885968:LifeSciencesToolsServicesMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:EquitySecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Revolver Commitment Expiration Date 12/20/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt E-Discovery AcquireCo, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/26/20272026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberus-gaap:ConsumerSectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMember2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/27/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/17/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense GB Eagle Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.35% Maturity Date 11/29/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/2028 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Revolver Commitment Expiration Date 08/26/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/26/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.88% Maturity Date 06/17/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Revolver Commitment Expiration Date 06/23/20322026-03-310001885968us-gaap:BaseRateMemberus-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2023-02-232023-02-230001885968Debt Investments - non-controlled/non-affiliated Distributors PT Intermediate Holdings III, LLC First Lien Debt Reference Rate and Spread 4.75% (incl. 1.00% PIK) Interest Rate 8.45% Maturity Date 04/09/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Computer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/27/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vardiman Black Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/29/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Raptor Merger Sub Debt, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.20% Maturity Date 04/01/2030 One2026-03-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Caerus US 1, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20292026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Distributors 48Forty Solutions, LLC Common Equity Acquisition Date 01/04/20262026-01-012026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMember2025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberck0001885968:BarclaysFundingFacilityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 11/22/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 06/03/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/20/20282026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Topco, Inc Preferred Equity Reference Rate and Spread 12.50% PIK Acquisition Date 09/05/20242026-01-012026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated KWOR Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/28/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/20312026-03-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services SDB Holdco, LLC Common Equity Acquisition Date 03/29/20242025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Advarra Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/15/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt E-Discovery AcquireCo, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Revolver Commitment Expiration Date 06/02/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20272025-01-012025-12-310001885968us-gaap:ChemicalsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.25% PIK) Interest Rate 9.45% Maturity Date 05/23/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Montana Buyer, Inc. First Lien Debt Reference Rate and Spread P + 4.75% Interest Rate 11.50% Maturity Date 07/22/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services iCIMS, Inc. First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.61% Maturity Date 08/18/2028 One2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:CommercialServicesAndSuppliesSectorMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services High Street Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.17% Maturity Date 04/14/20282025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc.2024-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IQN Holding Corp. Commitment Type Revolver Commitment Expiration Date 05/02/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.52% Maturity Date 08/05/20272025-12-310001885968Equity Investments - non-controlled/affiliated Insurance Services Frisbee Holdings, LP (Fetch) Common Equity Acquisition Date 10/31/20222025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 03/09/20282025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Parent, LLC Common Equity Acquisition Date 07/18/20252025-01-012025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMemberck0001885968:VariableRateComponentOneMemberus-gaap:SecuredOvernightFinancingRateSofrMember2021-11-052021-11-050001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vehlo Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 10/02/2029 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IG Investment Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/22/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/20/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Dwyer Instruments, Inc. Commitment Type Revolver Commitment Expiration Date 07/20/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LogRhythm, Inc. Commitment Type Revolver Commitment Expiration Date 07/02/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.69% Maturity Date 10/16/2029 One2025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRatePreIncentiveFeeNetInvestmentIncomeExceedsCatchUpThresholdMember2026-01-012026-03-310001885968us-gaap:FairValueInputsLevel2Memberck0001885968:DebtSecuritiesSecondLienMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.12% Maturity Date 08/08/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% 12/13/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/29/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AA&D Midco, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20302026-01-012026-03-310001885968us-gaap:FoodAndBeverageSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software E-Discovery AcquireCo, LLC First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 9.86% Maturity Date 08/29/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Deerfield Dakota Holding, LLC Commitment Type Revolver Commitment Expiration Date 09/13/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 10/02/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.15% Maturity Date 02/01/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Revolver Commitment Expiration Date 10/01/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/09/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.07% Maturity Date 12/15/20282025-12-310001885968ck0001885968:BuildingProductsMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.22% Maturity Date 12/19/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.16% Maturity Date 10/01/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Express Wash Acquisition Company, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 10.18% Maturity Date 04/10/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Revolver Commitment Expiration Date 10/01/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Revolver Commitment Expiration Date 11/21/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cliffwater, LLC Commitment Type Revolver Commitment Expiration Date 04/22/20322025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMembersrt:MaximumMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 10/04/2030 One2026-03-310001885968ck0001885968:InteractiveMediaAndServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Icefall Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 01/25/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ComPsych Investment Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/23/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Technology Hyland Software, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/19/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 05/25/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pamlico Avant Holdings, LP Commitment Type Revolver Commitment Expiration Date 12/31/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zenith Acquisitionco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/15/20292026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated Alpine Acquisition Corp. II Commitment Type Revolver Commitment Expiration Date 01/14/20312026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services LUV Car Wash Common Equity Acquisition Date 04/06/20222025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ascend Partner Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Specialty Pharma III, Inc. First Lien Debt Reference Rate and Spread P+ 4.75% Interest Rate 11.50% Maturity Date 12/23/2032 One2025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC Common Equity Acquisition Date 11/27/20232025-01-012025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMemberck0001885968:CORRAMember2021-11-052021-11-050001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberck0001885968:AutomobilesSectorMember2025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Knockout Intermediate Holdings I, Inc. Preferred Equity Reference Rate and Spread S+ 10.75% Acquisition Date 06/25/20222025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/11/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.31% Maturity Date 5/8/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Fetch, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/31/2033 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Deerfield Dakota Holding, LLC First Lien Debt Reference Rate and Spread 5.75% (incl. 2.75% PIK) Interest Rate 9.42% Maturity Date 09/13/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Trintech, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 07/25/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.18% Maturity Date 09/08/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/11/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies AWP Group Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/23/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Majesco, Inc. Commitment Type Revolver Commitment Expiration Date 01/07/20332026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 09/08/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Jonathan Acquisition Company Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/11/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/30/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/11/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/09/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/5/20312026-03-310001885968Equity Investments - non-controlled/non-affiliated Electrical Equipment Sparkstone Electrical Group Common Equity Acquisition Date 10/15/20242026-03-310001885968Equity Investments - non-controlled/affiliated Financial Services Applitools, Inc. Common Equity Acquisition Date 07/18/20252025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/31/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/02/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Revolver Commitment Expiration Date 08/08/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 10/02/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 05/06/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.50% Maturity Date 12/07/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 02/27/20302026-03-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMemberck0001885968:FederalFundsRateMember2021-11-052021-11-050001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272025-01-012025-12-310001885968country:CA2025-12-310001885968us-gaap:RelatedPartyMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 11/22/20322025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Parent, LLC Common Equity Acquisition Date 07/25/20252026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.90% Maturity Date 10/15/2031 One2026-03-310001885968us-gaap:BaseRateMemberus-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMemberck0001885968:VariableRateComponentTwoMember2022-10-122022-10-120001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/24/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Distributors PT Intermediate Holdings III, LLC First Lien Debt Reference Rate and Spread S+ 5.00% (incl. 1.75% PIK) Interest Rate 8.67% Maturity Date 04/09/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.88% Maturity Date 06/17/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Intermediate Holdco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% PIK Interest Rate 8.70% Maturity Date 07/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/16/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsOtherDebtMember2025-12-310001885968Equity Investments - non-controlled/affiliated Financial Services Applitools, Inc. Common Equity Acquisition Date 07/18/20252025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt KENG Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 08/01/20292026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.67% Maturity Date 11/10/2018 One2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:AutomobilesSectorMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.32% Maturity Date 11/17/20312025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.42% Maturity Date 02/02/20322025-12-310001885968us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Memberck0001885968:BNPFundingFacilityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 02/10/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities AWP Group Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 12/23/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Revolver Commitment Expiration Date 12/28/20282026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:InteractiveMediaAndServicesSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:MachinerySectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.62% Maturity Date 07/12/2028 One2025-12-310001885968us-gaap:FinancialSupportCapitalContributionsMember2025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMember2024-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 12/13/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apryse Software Corp. Commitment Type Revolver Commitment Expiration Date 06/28/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Montana Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 07/22/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Revolver Commitment Expiration Date 03/28/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Software LogRhythm, Inc. First Lien Debt Reference Rate and Spread S + 7.50% Interest Rate 11.34% Maturity Date 02/07/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/09/20272025-01-012025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberck0001885968:UtilitiesSectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Infinite Bidco, LLC Second Lien Debt Reference Rate and Spread S+ 7.00% Interest Rate 10.89% Maturity Date 03/02/20292025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:BanksMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.45% Maturity Date 07/20/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/10/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Archduke Buyer, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 12/03/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 08/27/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 08/27/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery MHE Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.82% Maturity Date 07/21/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense AA&D Midco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.40% Maturity Date 11/29/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.19% Maturity Date 12/23/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/25/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 09/09/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 07/26/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Reveal Data Solutions Common Equity Acquisition Date 08/29/20232025-01-012025-12-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/23/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Magneto Components Buyco, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.70% Maturity Date 12/05/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/01/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272025-12-310001885968ck0001885968:WirelessTelecommunicationsServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968us-gaap:AssetsTotalMemberck0001885968:NonQualifyingAssetsMemberus-gaap:CustomerConcentrationRiskMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense ManTech International CP Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/14/2029 One2026-03-310001885968us-gaap:ConsumerSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/02/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Securonix, Inc. Commitment Type Revolver Commitment Expiration Date 04/05/20292025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. Unsecured Debt Reference Rate and Spread 8.00% PIK Interest Rate 11.67% Maturity Date 02/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Raptor Merger Sub Debt, LLC Commitment Type Revolver Commitment Expiration Date 04/01/20302026-03-310001885968us-gaap:EquitySecuritiesMember2025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Montana Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 07/22/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 09/18/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/31/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Trintech, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 07/25/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FLS Holding, Inc. Commitment Type Revolver Commitment Expiration Date 12/17/20272025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:DebtAndEquitySecuritiesRealizedGainLossMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Long Term Care Group, Inc. First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 10.13% Maturity Date 09/08/20272025-12-310001885968Equity Investments - non-controlled/non-affiliated Software RSK Holdings, Inc. (Riskonnect) Preferred Equity Reference Rate and Spread 10.50% PIK Acquisition Date 07/07/20222026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/15/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.47% Maturity Date 06/24/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 01/02/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc Commitment Type Revolver Commitment Expiration Date 01/31/20332026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 10/29/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IQN Holding Corp. First Lien Debt Reference Rate and Spread S+ 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 05/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt KENG Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 08/01/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Revolver Commitment Expiration Date 12/07/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/10/2032 Two2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:CommercialServicesAndSuppliesSectorMember2025-01-012025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberus-gaap:TechnologySectorMember2026-01-012026-03-310001885968us-gaap:FairValueInputsLevel1Member2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt VRC Companies, LLC Commitment Type Revolver Commitment Expiration Date 06/29/20272025-01-012025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2023-01-250001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/10/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/06/20322026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:EquitySecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Higginbotham Insurance Agency, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/11/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.15% Maturity Date 02/01/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Vanco Payment Solutions, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.45% Maturity Date 12/01/2031 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Preferred Equity Reference Rate and Spread 10.00% PIK Acquisition Date 05/03/20242026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Revolver Commitment Expiration Date 06/04/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.16% Maturity Date 10/01/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Verdantas, LLC Commitment Type Revolver Commitment Expiration Date 05/06/20302025-12-3100018859682026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/01/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread 5.00% (incl 2.50% PIK) Interest Rate 8.70% Maturity Date 02/02/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software LogRhythm, Inc. First Lien Debt Reference Rate and Spread S + 7.50% Interest Rate 11.34% Maturity Date 02/07/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.52% Maturity Date 08/05/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GB Eagle Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/14/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accel International Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 04/26/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/26/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/01/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 08/29/2031One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 06/04/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Revolver Commitment Expiration Date 05/23/20302026-03-310001885968ck0001885968:InterestRatePeriodThreeMemberus-gaap:SecuredOvernightFinancingRateSofrMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Revolver Commitment Expiration Date 12/06/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Magneto Components Buyco, LLC Commitment Type Revolver Commitment Expiration Date 12/05/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt RoadOne IntermodaLogistics Commitment Type Revolver Commitment Expiration Date 12/29/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Potter Buyer, LLC Commitment Type Revolver Commitment Expiration Date 04/23/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/10/20272025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:MachinerySectorMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 05/24/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sherlock Buyer Corp. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.45% Maturity Date 6/12/20302026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Ascend Partner Services, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.54% Maturity Date 08/11/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/24/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC Investment First Lien Debt Reference Rate and Spread P + 3.50% Interest Rate 10.25% Maturity Date 12/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/02/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Revolver Commitment Expiration Date 08/20/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt YI, LLC Commitment Type Revolver Commitment Expiration Date 12/03/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Revolver Commitment Expiration Date 07/03/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/26/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Securonix, Inc. First Lien Debt Reference Rate and Spread S +7.75% (incl. 3.75% PIK) Interest Rate 11.19% Maturity Date 04/05/2029 One2025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Knockout Intermediate Holdings I, Inc. Preferred Equity Reference Rate and Spread S+ 10.75% PIK Acquisition Date 06/25/20222026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 10/04/20302025-12-310001885968Fetch Insurance Services, LLC2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 11/30/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 08/27/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Accel International Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 04/26/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/30/2032 Two2025-12-310001885968us-gaap:FairValueInputsLevel1Member2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/10/20262026-03-310001885968ck0001885968:HealthCareEquipmentAndSuppliesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Revolver Commitment Expiration Date 10/29/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 01/02/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Iris Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 2/10/2030 One2026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:UtilitiesSectorMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.77% Maturity Date 7/4/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense AA&D Midco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.40% Maturity Date 11/29/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Revolver Commitment Expiration Date 12/06/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S+ 6.50% Interest Rate 10.66% Maturity Date 07/03/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.57% Maturity Date 02/19/2030 One2025-12-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2024-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Revolver Commitment Expiration Date 11/21/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Applitools, Inc. First Lien Debt Reference Rate and Spread S+ 6.25% PIK Interest Rate 9.95% Maturity Date 05/25/20292026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt VRC Companies, LLC Commitment Type Revolver Commitment Expiration Date 06/29/20272025-12-310001885968Equity Investments - non-controlled/affiliated Insurance Services Amerilife Holdings, LLC Common Equity Acquisition Date 09/01/20222026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 08/29/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 07/24/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 7.51% Maturity Date 12/28/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Goose Borrower, LP Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 03/02/2033 One2026-03-310001885968Equity Investments - non-controlled/affiliated Insurance Services Frisbee Holdings, LP (Fetch) Common Equity Acquisition Date 10/31/20222025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Revolver Commitment Expiration Date 11/10/20282026-03-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMemberck0001885968:FederalFundsRateMember2022-03-072022-03-070001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 11/21/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Revolver Commitment Expiration Date 01/27/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 01/12/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services PMA Parent Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/31/2031 One2025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/24/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tidi Legacy Products, Inc. Commitment Type Revolver Commitment Expiration Date 12/19/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Revolver Commitment Expiration Date 12/20/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jeppesen Holdings, LLC Commitment Type Revolver Commitment Expiration Date 11/01/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.57% Maturity Date 02/19/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Revolver Commitment Expiration Date 01/12/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20312025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/02/20262025-01-012025-12-310001885968ck0001885968:UnfundedDebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Revolver Commitment Expiration Date 06/03/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/12/20322026-01-012026-03-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.92% Maturity Date 02/28/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/22/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Aprio Advisory Group, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/01/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services PPV Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.57% Maturity Date 08/31/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Revolver Commitment Expiration Date 11/22/20322025-12-310001885968Equity Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Preferred Equity Reference Rate and Spread 6.00% PIK Acquisition Date 03/29/20242026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Fetch, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/31/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/22/20282025-01-012025-12-310001885968ck0001885968:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Revalize, Inc. First Lien Debt Reference Rate and Spread S + 6.50% (incl. 1.75% PIK) Interest Rate 10.32% Maturity Date 04/16/20292025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMembercountry:CA2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.57% Maturity Date 02/19/2030 Two2025-12-310001885968us-gaap:MoneyMarketFundsMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LegitScript, LLC Commitment Type Revolver Commitment Expiration Date 06/24/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/30/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Answer Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 06/30/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Revolver Commitment Expiration Date 12/06/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/10/20272026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Topco, LP Common Equity Acquisition Date 12/28/20222025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.31% Maturity Date 5/8/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Potter Buyer, LLC Commitment Type Revolver Commitment Expiration Date 04/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accel International Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 04/26/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zenith Acquisitionco, LLC Commitment Type Revolver Commitment Expiration Date 11/26/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Accel International Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 04/26/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Bottomline Technologies, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 05/15/20282026-03-310001885968ck0001885968:ProfessionalServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 8.13% Maturity Date 05/24/2032 One2025-12-310001885968us-gaap:RelatedPartyMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.12% Maturity Date 08/08/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Banks Computer Services, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 11/17/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.46% Maturity Date 02/01/20302025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/09/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jonathan Acquisition Company Commitment Type Revolver Commitment Expiration Date 05/11/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Zenith Acquisitionco, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.95% Maturity Date 01/13/2033 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/12/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/12/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jonathan Acquisition Company Commitment Type Revolver Commitment Expiration Date 05/11/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/08/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 03/25/2032 Two2025-12-310001885968us-gaap:CarryingReportedAmountFairValueDisclosureMemberus-gaap:FairValueInputsLevel3Memberck0001885968:JPMFundingFacilityMember2025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 05/24/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Lightspeed Solution, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.67% Maturity Date 03/01/20282026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:AirFreightAndLogisticsSectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:OtherAggregatedInvestmentsMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt iCIMS, Inc. Commitment Type Revolver Commitment Expiration Date 08/18/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Gateway US Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 09/22/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Securonix, Inc. First Lien Debt Reference Rate and Spread S +7.25% (incl. 3.75% PIK) Interest Rate 10.90% Maturity Date 04/05/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Accel International Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 04/26/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/09/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Revolver Commitment Expiration Date 02/10/20322025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated Alpine Acquisition Corp. II Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/14/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services GI DI Cornfield Acquisition, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.27% Maturity Date 03/09/2029 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2025-12-310001885968ck0001885968:UnfundedDebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Netwrix Corporation And Concept Searching, Inc. Commitment Type Revolver Commitment Expiration Date 06/11/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/05/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Nasuni Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/10/20302026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.56% Maturity Date 01/27/2032 Two2025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:IncomeApproachValuationTechniqueMembersrt:MaximumMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Revolver Commitment Expiration Date 12/06/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CCI Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 05/13/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Revolver Commitment Expiration Date 05/28/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Revolver Commitment Expiration Date 05/28/20322026-03-310001885968Equity Investments - non-controlled/affiliated Distributors 48Forty Solutions, LLC Common Equity Acquisition Date 01/04/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/23/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vensure Employer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/27/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Revolver Commitment Expiration Date 02/02/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 06/28/20302025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-12-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Preferred Equity Reference Rate and Spread 10.00% Acquisition Date 05/03/20242025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/19/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.84% Maturity Date 02/02/20322025-12-310001885968Debt Investments - non-controlled/non - affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 05/25/2028 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/24/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 03/28/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Applitools, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282025-12-310001885968Equity Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Preferred Equity Reference Rate and Spread 10.50% PIK Acquisition Date 12/21/20212026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.50% (incl. 2.75% PIK) Interest Rate 9.17% Maturity Date 06/17/20312026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc.2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 07/14/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.07% Maturity Date 12/15/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/31/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/02/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/26/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.92% Maturity Date 11/18/2031 One2025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberus-gaap:InsuranceSectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 07/14/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Archduke Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/03/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/02/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 1/11/2029 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/26/20272026-01-012026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberus-gaap:InsuranceSectorMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/22/2028 One2025-12-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.45% Maturity Date 03/25/2032 One2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:ConsumerSectorMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/3/20292026-03-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FPG Intermediate Holdco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. Second Lien Debt Reference Rate and Spread S+6.25% (incl. 5.25% PIK) Interest Rate 9.92% Maturity Date 02/28/20302026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:BNPFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.47% Maturity Date 06/24/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/02/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 10/04/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 05/31/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services DCA Investment Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 12.08% Maturity Date 04/03/2028 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberck0001885968:BarclaysFundingFacilityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Revolver Commitment Expiration Date 10/29/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Excelitas Technologies Corp. Commitment Type Revolver Commitment Expiration Date 08/14/20282025-01-012025-12-310001885968ck0001885968:DelayedDrawAndRevolvingSeniorSecuredLoansMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/10/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.50% (incl. 2.75% PIK) Interest Rate 9.17% Maturity Date 06/17/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.67% Maturity Date 11/08/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20262025-01-012025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:DebtAndEquitySecuritiesRealizedGainLossMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread 5.00% (incl 2.50% PIK) Interest Rate 8.70% Maturity Date 02/02/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/17/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cliffwater, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 04/22/20322025-12-310001885968ck0001885968:EuroInterbankOfferedRateEURIBORMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 11/17/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/02/2031 One2026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:ElectronicEquipmentInstrumentsAndComponentsSectorMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.50% (incl. 2.75% PIK) Interest Rate 9.17% Maturity Date 06/17/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.12% Maturity Date 08/08/2031 Two2025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Common Equity Acquisition Date 01/17/20252026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services iCIMS, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 08/18/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/29/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.52% Maturity Date 02/19/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Revolver Commitment Expiration Date 06/12/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 07/14/20312026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/28/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date12/23/2032 One2025-12-310001885968us-gaap:RetainedEarningsMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/22/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/29/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Distributors 48Forty Solutions, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 10.48% Maturity Date 11/30/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Applitools, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 05/25/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 10/29/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/08/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Revolver Commitment Expiration Date 02/10/20322026-01-012026-03-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateRealizedCapitalGainsMemberck0001885968:AmendedAndRestatedInvestmentAdvisoryAgreementMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/20/20282025-12-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberck0001885968:DebtSecuritiesFirstLienMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Archduke Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/03/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Revolver Commitment Expiration Date 08/02/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sherlock Buyer Corp. Commitment Type Revolver Commitment Expiration Date 12/07/20292025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering KPSKY Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.27% Maturity Date 10/19/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.94% Maturity Date 11/18/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.15% Interest Rate 7.85% Maturity Date 07/28/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Delayed Draw Term Loan Loan Commitment Expiration Date 09/20/20262026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hyland Software, Inc. Commitment Type Revolver Commitment Expiration Date 09/19/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals V Global Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.25% (incl. 3.70% PIK) Interest Rate 9.77% Maturity Date 01/02/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Atlas US Finco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.61% Maturity Date 12/09/2029 Two2025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:FloatingRateMember2026-01-012026-03-310001885968us-gaap:FairValueInputsLevel1Memberus-gaap:OtherAggregatedInvestmentsMember2026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Jawbreaker Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/31/2033 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 12/20/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt RoadOne IntermodaLogistics Commitment Type Revolver Commitment Expiration Date 12/29/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/10/20272025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMemberck0001885968:VariableRateComponentTwoMemberus-gaap:EurodollarMember2022-10-122022-10-120001885968us-gaap:BaseRateMemberck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2021-11-052021-11-050001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:IndustrialConglomeratesSectorMemberus-gaap:DebtSecuritiesMember2025-09-300001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/13/20322025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Rights Common Equity Acquisition Date 03/12/20242025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Archduke Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/03/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/25/2033 Two2026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/17/20312025-01-012025-12-310001885968country:GBck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/27/20292026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Common Equity Acquisition Date 09/09/20252025-01-012025-12-310001885968ck0001885968:GroundTransportationSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IQN Holding Corp. First Lien Debt Reference Rate and Spread S+ 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 05/02/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Revolver Commitment Expiration Date 06/23/20322025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated Alpine Acquisition Corp. II Commitment Type Revolver Commitment Expiration Date 01/14/20312026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Distributors 48Forty Solutions, LLC Common Equity Acquisition Date 11/01/20242025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/06/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt iCIMS, Inc. Commitment Type Revolver Commitment Expiration Date 08/18/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Arcoro Holdings Corp. Commitment Type Revolver Commitment Expiration Date 03/28/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.72% Maturity Date 12/30/20312025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMember2024-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 05/12/2031 Two2025-12-310001885968us-gaap:EstimateOfFairValueFairValueDisclosureMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Accelerate Parent, LLC Commitment Type Revolver Commitment Expiration Date 02/24/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Jonathan Acquisition Company Investment First Lien Debt Reference Rate and Spread P + 3.50% Interest Rate 10.25% Maturity Date 05/11/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 12/23/2032 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/23/20262025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Revalize, Inc. Preferred Equity Reference Rate and Spread 10.00% Acquisition Date 12/14/20212025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.71% Maturity Date 11/01/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 05/06/2031One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LogRhythm, Inc. Commitment Type Revolver Commitment Expiration Date 07/02/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services DCA Investment Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 12.08% Maturity Date 04/03/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Revolver Commitment Expiration Date 02/25/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt BCTO Bluebill Midco, Inc. Commitment Type Revolver Commitment Expiration Date 07/30/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PT Intermediate Holdings III, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/08/20262025-01-012025-12-310001885968us-gaap:InvestmentAdviceMemberus-gaap:RelatedPartyMember2021-10-132021-10-130001885968Equity Investments - non-controlled/non-affiliated Automobile Components Continental Battery Company Common Equity Acquisition Date 07/16/20252025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Hootsuite, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.18% Maturity Date 05/22/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/01/20272026-03-310001885968ck0001885968:OtherDebtInvestmentsMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.84% Maturity Date 06/30/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Astra Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/26/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/22/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Revolver Commitment Expiration Date 06/27/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 07/26/20302025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 02/10/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Revolver Commitment Expiration Date 07/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Nasuni Corporation Commitment Type Revolver Commitment Expiration Date 09/10/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Superman Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 07/24/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt V Global Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 07/20/2029 Two2025-12-310001885968ck0001885968:InterestRatePeriodOneMemberus-gaap:SecuredOvernightFinancingRateSofrMember2025-01-012025-12-310001885968us-gaap:MoneyMarketFundsMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 8.13% Maturity Date 05/24/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.84% Maturity Date 02/02/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/12/20282025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:AutoComponentsSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Revolver Commitment Expiration Date 12/28/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Cyara AcquisitionCo, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.45% Maturity Date 06/28/2029 One2026-03-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Revolver Commitment Expiration Date 02/02/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Revolver Commitment Expiration Date 06/02/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Express Wash Acquisition Company, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 9.90% Maturity Date 04/10/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/15/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 10/30/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/24/2032 Two2026-03-310001885968ck0001885968:O2025Q1AggregateDividendsMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Software Apryse Software Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.44% Maturity Date 06/28/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Securonix, Inc. Commitment Type Revolver Commitment Expiration Date 04/05/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Revolver Commitment Expiration Date 07/03/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/22/20272025-01-012025-12-310001885968us-gaap:FairValueInputsLevel1Memberus-gaap:OtherAggregatedInvestmentsMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Advarra Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/15/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense ManTech International CP Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/14/20292026-03-310001885968Debt Investments - non-controlled/affiliated Distributors Alpine Acquisition Corp. II First Lien Debt Reference Rate and Spread S +5.25% Interest Rate 8.81% Maturity Date 01/14/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Optimizely North America, Inc. Commitment Type Revolver Commitment Expiration Date 10/30/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Answer Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 06/30/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.91% Maturity Date 08/02/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/29/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.07% Maturity Date 12/15/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.59% Maturity Date 03/31/2028 One2025-12-310001885968us-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Blue River PetCare, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/01/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/02/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/10/20272026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:DistributorsSectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IG Investment Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 09/22/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/02/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/09/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Nasuni Corporation Commitment Type Revolver Commitment Expiration Date 09/10/20302026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 06/01/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 10/24/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/24/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/21/20272025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.15% Maturity Date 02/01/20292026-03-310001885968ck0001885968:DistributionReinvestmentPlanMember2025-01-062025-01-060001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 08/01/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/15/20312026-03-310001885968us-gaap:CarryingReportedAmountFairValueDisclosureMember2025-12-310001885968ck0001885968:HealthCareEquipmentAndSuppliesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread P + 4.50% Interest Rate 11.25% Maturity Date 05/31/20282026-03-310001885968ck0001885968:InteractiveMediaAndServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zenith Acquisitionco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/15/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 9.42% Maturity Date 02/16/20292025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/14/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread S + 5.50% (incl. 2.00% PIK) Interest Rate 9.34% Maturity Date 01/17/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zarya Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 07/01/20272026-01-012026-03-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/08/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LogRhythm, Inc. Commitment Type Revolver Commitment Expiration Date 07/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Aprio Advisory Group, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.70% Maturity Date 08/01/20312025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:IncomeApproachValuationTechniqueMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Pamlico Avant Holdings, LP First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 12/31/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt YI, LLC Commitment Type Revolver Commitment Expiration Date 12/03/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/01/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Goose Borrower, LP Commitment Type Revolver Commitment Expiration Date 03/02/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bullhorn, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/01/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Netwrix Corporation And Concept Searching, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.32% Maturity Date 11/06/2029 One2025-12-310001885968us-gaap:FinancialServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Technology Hyland Software, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 09/19/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Integrity Marketing Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 08/25/20282026-03-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Rights Common Equity Acquisition Date 03/12/20242026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Astra Service Partners, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/26/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Zarya Intermediate, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.32% Maturity Date 07/01/20272025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated KWOR Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/28/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services iCIMS, Inc. First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.61% Maturity Date 08/18/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Revalize, Inc. First Lien Debt Reference Rate and Spread S + 6.50% (incl. 1.75% PIK) Interest Rate 10.32% Maturity Date 04/16/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Foundation Risk Partners Corp. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/29/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vensure Employer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/06/20282026-03-310001885968ck0001885968:RestrictedSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.51% Maturity Date 06/12/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Excelitas Technologies Corp. First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 08/13/20292025-12-310001885968us-gaap:EquitySecuritiesMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20312026-01-012026-03-310001885968Investment One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/12/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/24/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Revolver Commitment Expiration Date 11/18/20312025-01-012025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ElectronicEquipmentInstrumentsAndComponentsSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/11/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services LHS Borrower, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 09/04/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.95% Maturity Date 05/28/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 06/30/20312026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services iCIMS, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 08/18/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/15/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/19/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Railpros Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/24/20322026-03-310001885968us-gaap:RelatedPartyMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt KENG Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 08/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/10/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Applitools, Inc. First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 9.92% Maturity Date 05/25/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Revolver Commitment Expiration Date 05/23/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 11/21/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.34% Maturity Date 08/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Raptor Merger Sub Debt, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.17% Maturity Date 04/01/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 02/14/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/09/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bridgepointe Technologies, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 12/31/2027 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/05/2033 One2026-03-310001885968us-gaap:FairValueInputsLevel3Member2025-12-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateCapitalGainMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services GI DI Cornfield Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.32% Maturity Date 03/09/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 09/22/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Astra Service Partners, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.34% Maturity Date 11/26/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262026-01-012026-03-310001885968us-gaap:OtherAggregatedInvestmentsMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics Investment First Lien Debt Reference Rate and Spread S + 6.75% Interest Rate 10.45% Maturity Date 12/29/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20262026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Leaf Home, LLC Preferred Equity Reference Rate and Spread 14.00% PIK Acquisition Date 09/04/20252025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Catalis Intermediate, Inc. Commitment Type Revolver Commitment Expiration Date 08/04/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt KENG Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 08/01/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/11/20262025-12-310001885968us-gaap:EquitySecuritiesMember2025-12-310001885968us-gaap:AerospaceSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.68% Maturity Date 11/17/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/23/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Pareto Health Intermediate Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.71% Maturity Date 06/01/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/11/20262026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:EquitySecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 05/25/2029 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Applitools, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc. Commitment Type Revolver Commitment Expiration Date 07/25/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Goose Borrower, LP Commitment Type Revolver Commitment Expiration Date 03/02/20332026-01-012026-03-310001885968us-gaap:EquitySecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/30/20262025-01-012025-12-310001885968ck0001885968:ConstructionAndEngineeringSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services ComPsych Investment Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 07/22/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FPG Intermediate Holdco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 10.77% Maturity Date 03/18/2027 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 09/08/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CCI Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 05/13/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/30/2032 Two2026-03-3100018859682025-03-310001885968Equity Investments - non-controlled/non-affiliated Software Revalize, Inc. Preferred Equity Reference Rate and Spread 10.00% Acquisition Date 12/14/20212025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 9.42% Maturity Date 02/16/2029 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Abracon Group Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.60% (incl. 4.60% PIK)Interest Rate 10.32% Maturity Date 07/06/2028 One2026-03-310001885968Equity Investments - non-controlled/affiliated Insurance Services Frisbee Holdings, LP (Fetch) Common Equity Acquisition Date 10/31/20222026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Tivity Health, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.72% Maturity Date 06/28/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/14/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services ComPsych Investment Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.61% Maturity Date 07/22/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 01/12/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Atlas US Finco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.61% Maturity Date 12/09/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.59% Maturity Date 03/31/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Revolver Commitment Expiration Date 11/22/20322025-01-012025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2023-02-230001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Revolver Commitment Expiration Date 06/27/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/2026 One2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hyland Software, Inc. Commitment Type Revolver Commitment Expiration Date 09/19/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IG Investment Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/22/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Atlas US Finco, Inc. Commitment Type Revolver Commitment Expiration Date 12/09/20282025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquiom Financial, LLC (Procure Analytics) Common Equity Acquisition Date 12/20/20212025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sherlock Buyer Corp. First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 12/07/20292025-12-310001885968ck0001885968:GroundTransportationSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Equity Investments - non-controlled/affiliated Insurance Services Amerilife Holdings, LLC Common Equity Acquisition Date 09/01/20222026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fetch, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/02/20282026-03-310001885968us-gaap:AssetsTotalMemberck0001885968:NonQualifyingAssetsMemberus-gaap:CustomerConcentrationRiskMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/30/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/11/20272026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Computer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/31/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Banks Computer Services, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Potter Buyer, LLC Commitment Type Revolver Commitment Expiration Date 04/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/09/20282026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:OtherAggregatedInvestmentsMember2026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/28/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sherlock Buyer Corp. Commitment Type Revolver Commitment Expiration Date 12/07/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/22/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities AWP Group Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 12/23/2030 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/29/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Revolver Commitment Expiration Date 09/18/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 10/01/2032 Two2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberus-gaap:EquitySecuritiesMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services CCI Buyer, Inc. First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.70% Maturity Date 05/13/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services GPS Merger Sub, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 10/02/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.45% Maturity Date 03/25/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/02/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/22/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/03/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 03/28/20302026-03-310001885968us-gaap:FairValueInputsLevel2Memberus-gaap:OtherAggregatedInvestmentsMember2025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Nasuni Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/10/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S+ 6.50% Interest Rate 10.66% Maturity Date 07/03/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GB Eagle Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/16/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Pamlico Avant Holdings, LP First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 12/31/20322025-12-310001885968us-gaap:ConsumerSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/01/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 9.95% Maturity Date 12/29/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 9.13% Maturity Date 10/15/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jeppesen Holdings, LLC Commitment Type Revolver Commitment Expiration Date 11/01/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.66% Maturity Date 07/02/2031 Two2026-03-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 11/30/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Express Wash Acquisition Company, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 9.90% Maturity Date 04/10/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 12/30/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Iris Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 2/10/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.43% Maturity Date 07/03/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Montana Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 07/22/20282026-01-012026-03-310001885968us-gaap:FairValueInputsLevel1Memberus-gaap:EquitySecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 12/30/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apryse Software Corp. Commitment Type Revolver Commitment Expiration Date 06/28/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/08/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/04/20272026-01-012026-03-310001885968ck0001885968:BeveragesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 01/12/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/27/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Deerfield Dakota Holding, LLC Commitment Type Revolver Commitment Expiration Date 09/13/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/30/20262026-01-012026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberus-gaap:InsuranceSectorMember2025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ConsumerStaplesDistributionAndRetailSectorMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IQN Holding Corp. Commitment Type Revolver Commitment Expiration Date 05/02/20282025-01-012025-12-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:DebtSecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/26/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/03/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Higginbotham Insurance Agency, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 6/11/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Revolver Commitment Expiration Date 06/23/20322026-01-012026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated KWOR Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/28/20272026-03-310001885968us-gaap:CommercialAndIndustrialSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Vensure Employer Services, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/29/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software E-Discovery AcquireCo, LLC First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 10.07% Maturity Date 08/29/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 12/30/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread S + 5.50% (incl. 2.00% PIK) Interest Rate 9.17% Maturity Date 01/17/2031 One2026-03-310001885968us-gaap:CommercialAndIndustrialSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Optimizely North America, Inc. Commitment Type Revolver Commitment Expiration Date 10/30/20312025-12-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Magneto Components Buyco, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.70% Maturity Date 12/05/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 12/30/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Revolver Commitment Expiration Date 09/18/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Building Products Project Potter Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 04/23/2027 One2026-03-310001885968us-gaap:EquitySecuritiesMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.52% Maturity Date 08/05/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/29/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/30/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/3/2029 One2026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Preferred Equity Reference Rate and Spread 8.00% PIK Acquisition Date 09/09/20252025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/12/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/12/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/08/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/12/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/25/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Bridgepointe Technologies, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 12/31/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Gateway US Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 09/22/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Mantech International CP First Lien Debt Reference Rate and Spread P + 3.50% Interest Rate 10.25% Maturity Date 09/14/20282025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:HealthCareEquipmentAndSuppliesSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bottomline Technologies, Inc. Commitment Type Revolver Commitment Expiration Date 05/15/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Redwood Services Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/03/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 08/25/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FPG Intermediate Holdco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272026-01-012026-03-310001885968ck0001885968:GroundTransportationSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberck0001885968:JPMFundingFacilityMember2026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Raptor Merger Sub Debt, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.20% Maturity Date 04/01/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Redwood Services Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/03/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt VRC Companies, LLC Commitment Type Revolver Commitment Expiration Date 06/29/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/20312026-03-310001885968Debt Investments - non-controlled/non - affiliated Software LegitScript, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 06/24/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/30/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services BCTO Bluebill Midco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 07/30/20322026-03-310001885968us-gaap:FoodAndBeverageSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:BarclaysFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2026-03-310001885968us-gaap:RetainedEarningsMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Securonix, Inc. First Lien Debt Reference Rate and Spread S +7.75% (incl. 3.75% PIK) Interest Rate 11.19% Maturity Date 04/05/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 11/21/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Revolver Commitment Expiration Date 11/10/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.32% Maturity Date 08/04/2027 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt YI, LLC Commitment Type Revolver Commitment Expiration Date 12/03/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 04/12/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Revolver Commitment Expiration Date 06/04/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Granicus, Inc. Commitment Type Revolver Commitment Expiration Date 01/17/20312025-01-012025-12-310001885968ck0001885968:ConstructionAndEngineeringSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/11/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sherlock Buyer Corp. Commitment Type Revolver Commitment Expiration Date 12/07/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/29/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services CCI Buyer, Inc. First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.70% Maturity Date 05/13/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/01/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 10/04/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 03/09/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/27/20292025-01-012025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:AutoComponentsSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMembersrt:MaximumMember2025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated Alpine Acquisition Corp. II Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/14/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/02/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 12/30/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Revolver Commitment Expiration Date 07/28/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 07/24/20312026-03-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Preferred Equity Reference Rate and Spread 10.00% PIK Acquisition Date 05/03/20242026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Revolver Commitment Expiration Date 04/07/20282025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services LUV Car Wash Common Equity Acquisition Date 12/06/20222026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/15/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Arcoro Holdings Corp. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.20% Maturity Date 03/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.67% Maturity Date 2/2/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/29/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Revolver Commitment Expiration Date 10/01/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 10/04/20302026-03-310001885968us-gaap:DebtSecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/26/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Intelerad Medical Systems Incorporated First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.49% Maturity Date 08/21/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/18/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/04/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/10/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 06/03/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.38% Maturity Date 01/27/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Advarra Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/14/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies AWP Group Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/23/2030 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services High Street Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 04/14/20282026-03-3100018859682026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:TransportationInfrastructureSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/02/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread SA + 5.50% Interest Rate 9.22% Maturity Date 10/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ascend Partner Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyara AcquisitionCo, LLC Commitment Type Revolver Commitment Expiration Date 06/28/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Revolver Commitment Expiration Date 08/02/20302026-03-3100018859682025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.70% Maturity Date 12/17/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.95% Maturity Date 07/26/2032 One2026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.89% Maturity Date 08/08/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Revolver Commitment Expiration Date 12/20/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.50% Maturity Date 12/07/2028 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:CarryingReportedAmountFairValueDisclosureMemberck0001885968:BNPFundingFacilityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20262026-01-012026-03-310001885968us-gaap:FairValueInputsLevel2Memberus-gaap:EquitySecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PMA Parent Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/31/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Riskonnect Parent, LLC Commitment Type Revolver Commitment Expiration Date 12/07/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software E-Discovery AcquireCo, LLC First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 9.86% Maturity Date 08/29/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services GI DI Cornfield Acquisition, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.27% Maturity Date 03/09/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Revolver Commitment Expiration Date 06/17/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.70% Maturity Date 11/10/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Stepping Stones Healthcare Services, LLC First Lien Debt Reference Rate and Spread P + 4.00% Interest Rate 10.75% Maturity Date 12/30/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Revolver Commitment Expiration Date 01/12/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/01/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date12/23/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/24/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 08/27/20312025-01-012025-12-310001885968ck0001885968:ConsumerStaplesDistributionAndRetailSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services LHS Borrower, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 09/04/2031 One2026-03-310001885968us-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:BanksMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Equity Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Preferred Equity Reference Rate and Spread 6.00% PIK Acquisition Date 03/29/20242026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vanco Payment Solutions, LLC Commitment Type Revolver Commitment Expiration Date 12/01/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.25% PIK) Interest Rate 9.45% Maturity Date 05/23/2030 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/03/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation First Lien Debt Reference Rate and Spread S+4.50% Interest Rate 8.17% Maturity Date 12/06/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Trintech, Inc. First Lien Debt Reference Rate and Spread 4.75% Interest Rate 8.42% Maturity Date 01/28/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Express Wash Acquisition Company, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 10.18% Maturity Date 04/10/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sonny's Enterprises, LLC Commitment Type Revolver Commitment Expiration Date 08/05/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/12/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.62% Maturity Date 07/12/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Dwyer Instruments, Inc. Commitment Type Revolver Commitment Expiration Date 07/20/20292026-01-012026-03-310001885968Investment Three2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/02/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Gateway US Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 09/22/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/29/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.79% Maturity Date 08/31/20282025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:IncomeApproachValuationTechniqueMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2025-01-012025-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/10/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 04/12/2032 Two2026-03-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services SDB Holdco, LLC Common Equity Acquisition Date 03/29/20242026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsOtherDebtMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Trunk Acquisition, Inc. First Lien Debt Reference Rate and Spread S +5.75% Interest Rate 9.52% Maturity Date 02/19/2030 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Real Chemistry Intermediate III, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 04/12/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.38% Maturity Date 01/27/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/18/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services MAI Capital Management Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 08/29/2031 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Reveal Data Solutions Common Equity Acquisition Date 08/29/20232025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:BNPFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/01/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 01/12/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Investment Second Lien Debt Reference Rate and Spread 14.50% (incl. 7.00% PIK) Interest Rate 14.50% Maturity Date 09/11/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 08/27/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering KPSKY Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.44% Maturity Date 10/19/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/10/20272026-03-310001885968us-gaap:BaseRateMemberck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMembersrt:MaximumMember2021-11-052021-11-050001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.92% Maturity Date 11/18/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Apryse Software Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.44% Maturity Date 06/28/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Accelerate Parent, LLC Commitment Type Revolver Commitment Expiration Date 02/24/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hootsuite, Inc. Commitment Type Revolver Commitment Expiration Date 05/22/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/30/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20272026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Revalize, Inc. Preferred Equity Reference Rate and Spread 10.00% PIK Acquisition Date 12/14/20212026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vanco Payment Solutions, LLC Commitment Type Revolver Commitment Expiration Date 12/01/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Majesco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 01/07/2033 One2026-03-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberus-gaap:EquitySecuritiesMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bottomline Technologies, Inc. Commitment Type Revolver Commitment Expiration Date 05/15/20282026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquiom Financial, LLC (Procure Analytics) Common Equity Acquisition Date 12/20/20212026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Electrical Equipment Sparkstone Electrical Group Common Equity Acquisition Date 10/15/20242026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Revolver Commitment Expiration Date 09/30/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hyland Software, Inc. Commitment Type Revolver Commitment Expiration Date 09/19/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 12/23/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Aprio Advisory Group, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.70% Maturity Date 08/01/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 08/01/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.51% Maturity Date 06/12/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services GI DI Cornfield Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.32% Maturity Date 03/09/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Revolver Commitment Expiration Date 10/01/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/21/20272026-03-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Common Equity Acquisition Date 05/03/20242026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 01/12/2032 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/24/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.16% Maturity Date 10/01/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/08/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.98% Maturity Date 07/02/2031 One2025-12-310001885968ck0001885968:O2026Q1AggregateDividendsMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 11/17/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Invictus Buyer, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/03/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 07/30/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Higginbotham Insurance Agency, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 06/11/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FLS Holding, Inc. Commitment Type Revolver Commitment Expiration Date 12/17/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Revalize, Inc. Commitment Type Revolver Commitment Expiration Date 04/16/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Banks Computer Services, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/17/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Revolver Commitment Expiration Date 06/02/20312025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Automobile Components Continental Battery Company Common Equity Acquisition Date 07/16/20252025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt 48Forty Solutions, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vehlo Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.94% Maturity Date 11/18/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/14/2031 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.91% Maturity Date 08/02/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 04/07/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Vensure Employer Services, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/29/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Netwrix Corporation And Concept Searching, Inc. Commitment Type Revolver Commitment Expiration Date 06/11/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 8.98% Maturity Date 06/29/2027 One2026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Preferred Equity Reference Rate and Spread 8.00% PIK Acquisition Date 09/09/20252025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2025-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Pareto Health Intermediate Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.71% Maturity Date 06/03/20302026-03-310001885968ck0001885968:HealthCareTechnologyMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.72% Maturity Date 12/30/2031 One2025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:JPMFundingFacilityMember2023-02-232023-02-230001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.70% Maturity Date 11/17/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services TA Polaris Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 12/13/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt DA Blocker Corp. Commitment Type Revolver Commitment Expiration Date 02/10/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services BCTO Bluebill Midco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.34% Maturity Date 07/30/20322025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:ElectronicEquipmentInstrumentsAndComponentsSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92 Maturity Date 12/28/2029 One2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:OtherDebtInvestmentsMember2025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:JPMFundingFacilityMemberus-gaap:EstimateOfFairValueFairValueDisclosureMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Revolver Commitment Expiration Date 10/01/20322025-01-012025-12-310001885968ck0001885968:SoftwareSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Revolver Commitment Expiration Date 09/30/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/06/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tidi Legacy Products, Inc. Commitment Type Revolver Commitment Expiration Date 12/19/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt 48Forty Solutions, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Sonny's Enterprises, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.31% Maturity Date 5/8/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/16/2029 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Revolver Commitment Expiration Date 01/27/20322025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Common Equity Acquisition Date 05/03/20242025-01-012025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberus-gaap:EquitySecuritiesMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 10/24/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 03/12/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vardiman Black Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/29/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/11/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Securonix, Inc. Commitment Type Revolver Commitment Expiration Date 04/05/20292026-03-310001885968ck0001885968:InteractiveMediaAndServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cliffwater, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 04/22/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Cyara AcquisitionCo, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.45% Maturity Date 06/28/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 10/04/2030 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Abracon Group Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.60% (incl. 4.60% PIK)Interest Rate 10.32% Maturity Date 07/06/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Pareto Health Intermediate Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.35% Maturity Date 06/01/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/02/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 04/07/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Revolver Commitment Expiration Date 01/05/20332026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:OtherAggregatedInvestmentsMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Integrity Marketing Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 08/25/20282025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MaximumMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Equity Investments - non-controlled/affiliated Insurance Services Amerilife Holdings, LLC Common Equity Acquisition Date 09/01/20222025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 05/31/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/27/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.55% Maturity Date 03/31/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.40% Maturity Date 10/16/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Heartland Home Services First Lien Debt Reference Rate and Spread S+ 5.75% Interest Rate 9.55% Maturity Date 12/15/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Revolver Commitment Expiration Date 01/29/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/27/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Optimizely North America, Inc. Commitment Type Revolver Commitment Expiration Date 10/30/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Nasuni Corporation Commitment Type Revolver Commitment Expiration Date 09/10/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/30/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery MHE Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.99% Maturity Date 07/21/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FPG Intermediate Holdco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/26/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Jawbreaker Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/31/2033 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/22/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Hercules Borrower, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 12/15/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Securonix, Inc. Commitment Type Revolver Commitment Expiration Date 04/05/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Anaplan, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/21/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/02/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AA&D Midco, Inc. Commitment Type Revolver Commitment Expiration Date 11/29/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt TA Polaris Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/13/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Deerfield Dakota Holding, LLC First Lien Debt Reference Rate and Spread S + 5.75% (incl. 2.75% PIK) Interest Rate 9.45% Maturity Date 09/13/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.95% Maturity Date 05/28/2032 One2026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/25/2033 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Jonathan Acquisition Company Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.34% Maturity Date 11/12/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Distributors PT Intermediate Holdings III, LLC First Lien Debt Reference Rate and Spread 4.75% (incl. 1.00% PIK) Interest Rate 8.45% Maturity Date 04/09/2030 One2026-03-310001885968ck0001885968:SoftwareSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sherlock Buyer Corp. Commitment Type Revolver Commitment Expiration Date 12/07/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cliffwater, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 04/22/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date12/23/2032 Two2025-12-310001885968us-gaap:EquitySecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Revolver Commitment Expiration Date 03/09/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20322025-01-012025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMembercountry:CA2026-01-012026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt — non-controlled/affiliated KWOR Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/28/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 11/21/2031 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt VRC Companies, LLC Commitment Type Revolver Commitment Expiration Date 06/29/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/19/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 05/23/2030 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Revolver Commitment Expiration Date 08/08/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PT Intermediate Holdings III, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/08/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.10% Maturity Date 03/31/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Distributors PT Intermediate Holdings III, LLC First Lien Debt Reference Rate and Spread S+ 5.00% (incl. 1.75% PIK) Interest Rate 8.67% Maturity Date 04/09/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vertex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/08/20302025-12-310001885968Debt Investments - non-controlled/affiliated Distributors Alpine Acquisition Corp. II First Lien Debt Reference Rate and Spread S +5.25% Interest Rate 8.81% Maturity Date 01/14/2031 One2026-03-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Express Wash Acquisition Company, LLC Commitment Type Revolver Commitment Expiration Date 04/10/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Revolver Commitment Expiration Date 01/29/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/19/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/02/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.46% Maturity Date 02/01/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 05/24/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Inhabitiq, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 01/12/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Second Lien Debt Reference Rate and Spread 14.50% (incl. 7.00% PIK) Interest Rate 14.50% Maturity Date 09/11/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC First Lien Debt Reference Rate and Spread S + 7.50% (incl. 1.00% PIK) Interest Rate 11.44% Maturity Date 12/11/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/30/20272026-03-310001885968us-gaap:FairValueInputsLevel2Member2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Imagine 360, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 10/02/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt E-Discovery AcquireCo, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20292026-01-012026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberus-gaap:TechnologySectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Bottomline Technologies, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 05/15/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Granicus, Inc. Commitment Type Revolver Commitment Expiration Date 01/17/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 06/23/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Blue River PetCare, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/11/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/23/20262025-01-012025-12-310001885968ck0001885968:ProfessionalServicesSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Advarra Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.22% Maturity Date 09/15/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt mPulse Mobile, Inc. Commitment Type Revolver Commitment Expiration Date 08/26/20322025-01-012025-12-310001885968ck0001885968:HealthCareTechnologyMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. First Lien Debt Reference Rate and Spread P+ 3.75% Interest Rate 10.50% Maturity Date 01/30/20312025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 03/31/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Smarsh, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 9.42% Maturity Date 02/16/2029 One2025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:TransportationInfrastructureSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Revolver Commitment Expiration Date 06/02/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Iris Buyer, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 2/10/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/25/2028 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services LUV Car Wash Common Equity Acquisition Date 04/06/20222025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services PMA Parent Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/31/20312025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Parent, LLC Common Equity Acquisition Date 07/18/20252025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.71% Maturity Date 11/01/2029 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services One, Inc. Software Corporation Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/06/2032 One2026-03-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Common Equity Acquisition Date 02/28/20252026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 06/30/2031 One2026-03-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trunk Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/20/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 12/28/20292025-12-310001885968us-gaap:RealEstateSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Revolver Commitment Expiration Date 07/23/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bottomline Technologies, Inc. Commitment Type Revolver Commitment Expiration Date 05/15/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Revolver Commitment Expiration Date 08/02/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 12/23/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.69% Maturity Date 10/16/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apex Service Partners, LLC Commitment Type Revolver Commitment Expiration Date 10/24/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/30/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 12/20/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IG Investment Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 09/22/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 08/02/2030 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 07/26/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/2026 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.72% Maturity Date 10/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Revolver Commitment Expiration Date 10/01/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/11/20272026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Common Equity Acquisition Date 01/17/20252026-03-310001885968ck0001885968:TransportationInfrastructureSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Chase Intermediate, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.59% Maturity Date 10/30/2028 One2025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:FairValueInputsLevel1Member2025-12-310001885968ck0001885968:OtherDebtInvestmentsMember2025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberus-gaap:InsuranceSectorMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Deerfield Dakota Holding, LLC Commitment Type Revolver Commitment Expiration Date 09/13/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals V Global Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 6.25% (incl. 3.70% PIK) Interest Rate 10.05% Maturity Date 2/1/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Deerfield Dakota Holding, LLC First Lien Debt Reference Rate and Spread 5.75% (incl. 2.75% PIK) Interest Rate 9.42% Maturity Date 09/13/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc. Commitment Type Revolver Commitment Expiration Date 01/28/20332026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Revolver Commitment Expiration Date 06/03/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Building Products Project Potter Buyer, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 04/23/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.70% Maturity Date 11/17/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/01/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/27/20312026-03-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateAnnualizedHurdleRateMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.25% Maturity Date 09/08/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 07/24/2031 One2025-12-310001885968us-gaap:FinancialSupportCapitalContributionsMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Banks Computer Services, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 11/17/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PDI TA Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 02/03/20312026-01-012026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2025-01-012025-03-310001885968us-gaap:RetainedEarningsMember2024-12-310001885968us-gaap:MoneyMarketFundsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services LHS Borrower, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 09/04/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.90% Maturity Date 03/12/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.98% Maturity Date 07/02/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Computer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20272026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services PPV Intermediate Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 08/31/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Optimizely North America, Inc. Commitment Type Revolver Commitment Expiration Date 10/30/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Technology Hyland Software, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 09/19/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Continental Acquisition Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 10.85% Maturity Date 07/20/20282026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LHS Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/04/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/09/2032 Two2026-03-310001885968ck0001885968:InterestRatePeriodTwoMemberus-gaap:SecuredOvernightFinancingRateSofrMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/01/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/17/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 07/24/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Hootsuite, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.23% Maturity Date 05/22/2030 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Catalis Intermediate, Inc. Commitment Type Revolver Commitment Expiration Date 08/04/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Revolver Commitment Expiration Date 04/07/20282025-01-012025-12-310001885968Equity Investments - non-controlled/affiliated Distributors 48Forty Solutions, LLC Preferred Equity Acquisition Date 01/04/20262026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Member2026-03-310001885968us-gaap:CarryingReportedAmountFairValueDisclosureMember2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMembersrt:MaximumMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 03/28/2030 Two2025-12-310001885968ck0001885968:ConsumerStaplesDistributionAndRetailSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies PerkinElmer U.S., LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.43% Maturity Date 03/13/20292026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberus-gaap:IncomeApproachValuationTechniqueMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pamlico Avant Holdings, LP Commitment Type Revolver Commitment Expiration Date 12/31/20322026-03-310001885968us-gaap:FinancialSupportCapitalContributionsMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 8.10% Maturity Date 07/30/20322025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Leaf Home, LLC Preferred Equity Reference Rate and Spread 14.00% PIK Acquisition Date 09/05/20252026-03-310001885968Debt Investments - non-controlled/non-affiliated Building Products Project Potter Buyer, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 04/23/2027 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/10/20272025-01-012025-12-310001885968us-gaap:FairValueInputsLevel2Memberck0001885968:DebtSecuritiesFirstLienMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Consumer Staples Distribution & Retail PDI TA Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 6.00% (incl. 2.50% PIK) Interest Rate 9.67% Maturity Date 02/03/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.84% Maturity Date 06/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Deerfield Dakota Holding, LLC Commitment Type Revolver Commitment Expiration Date 09/13/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Revolver Commitment Expiration Date 06/12/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bottomline Technologies, Inc. Commitment Type Revolver Commitment Expiration Date 05/15/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Granicus, Inc. Commitment Type Revolver Commitment Expiration Date 01/17/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/17/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/22/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation eShipping, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/23/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 03/28/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Iris Specialty Acquisiton, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 11/22/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PMA Parent Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/31/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Any Hour, LLC Commitment Type Revolver Commitment Expiration Date 05/23/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jeppesen Holdings, LLC Commitment Type Revolver Commitment Expiration Date 11/01/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Associations, Inc. First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.43% Maturity Date 07/03/20282026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMembercountry:US2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/18/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Zarya Intermediate, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.32% Maturity Date 07/01/2027 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Revolver Commitment Expiration Date 03/28/20302026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.94% Maturity Date 09/18/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.37% Maturity Date 05/31/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense AA&D Midco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.40% Maturity Date 11/29/2030 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Reveal Data Solutions Common Equity Acquisition Date 08/29/20232026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/24/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 06/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/11/20272025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:ConsumerSectorMember2026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Fullsteam Operations, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.89% Maturity Date 08/08/2031 One2026-03-310001885968us-gaap:OtherAggregatedInvestmentsMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2025-01-012025-03-310001885968us-gaap:ContainerAndPackagingSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services PPV Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.57% Maturity Date 08/31/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 08/27/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components Randy's Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 1/11/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Revolver Commitment Expiration Date 04/12/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMember2026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:RealEstateSectorMember2026-03-310001885968ck0001885968:DistributorsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.18% Maturity Date 09/08/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Blue River PetCare, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/01/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development Zarya Intermediate, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 10.17% Maturity Date 07/01/20272026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:ElectronicEquipmentInstrumentsAndComponentsSectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Archduke Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 12/03/20322026-01-012026-03-310001885968ck0001885968:DebtSecuritiesFirstLienMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20262026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberck0001885968:OtherSecurityInvestmentsOtherDebtMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 03/09/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services DCA Investment Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.50% Interest Rate 12.08% Maturity Date 04/03/20282025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberck0001885968:PharmaceuticalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 08/25/2028 One2025-12-310001885968ck0001885968:DistributionReinvestmentPlanMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Magneto Components Buyco, LLC Commitment Type Revolver Commitment Expiration Date 12/05/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CCI Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 05/13/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt IG Investment Holdings, LLC Commitment Type Revolver Commitment Expiration Date 09/22/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 02/14/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PDI TA Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 02/03/20312025-12-310001885968us-gaap:FinancialSupportCapitalContributionsMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Revolver Commitment Expiration Date 07/28/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt WIPFLI Advisory, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/01/20282026-03-310001885968ck0001885968:DistributionReinvestmentPlanMember2026-01-062026-01-060001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:MachinerySectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.5% Interest Rate8.23% Maturity Date 02/14/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zarya Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 07/01/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Raptor Merger Sub Debt, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.17% Maturity Date 04/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Revolver Commitment Expiration Date 09/30/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Revolver Commitment Expiration Date 07/02/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.70% Maturity Date 11/08/2030 Two2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jonathan Acquisition Company Commitment Type Revolver Commitment Expiration Date 05/11/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt BCTO Bluebill Midco, Inc. Commitment Type Revolver Commitment Expiration Date 07/30/20322026-03-310001885968ck0001885968:ConstructionAndEngineeringSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Revolver Commitment Expiration Date 09/18/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.92% Maturity Date 11/18/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Revolver Commitment Expiration Date 07/28/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Lightspeed Solution, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.72% Maturity Date 03/01/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Catalis Intermediate, Inc. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.32% Maturity Date 08/04/2027 One2025-12-310001885968ck0001885968:UnfundedDebtSecuritiesFirstLienMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Debt Investments - non-controlled/non - affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 05/25/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Real Estate Management & Development MRI Software, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 02/10/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Granicus, Inc. Commitment Type Revolver Commitment Expiration Date 01/17/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services mPulse Mobile, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/25/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Energy Labs Holdings Corp. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.77% Maturity Date 7/4/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Revolver Commitment Expiration Date 02/02/20322026-03-310001885968ck0001885968:WirelessTelecommunicationsServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.67% Maturity Date 11/10/20182025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputRevenueMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 07/20/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Revolver Commitment Expiration Date 09/30/20322025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquiom Financial, LLC (Procure Analytics) Common Equity Acquisition Date 12/20/20212026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 05/24/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/30/20322026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Everbridge Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/02/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Verdantas, LLC Commitment Type Revolver Commitment Expiration Date 05/06/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics AGI-CFI Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.57% Maturity Date 06/11/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/23/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Revolver Commitment Expiration Date 08/20/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 10/24/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 10.77% Maturity Date 03/18/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Purchaser, LLC First Lien Debt Reference Rate and Spread S + 5.75% PIK Interest Rate 9.58% Maturity Date 06/30/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Patriot Growth Insurance Services, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.82% Maturity Date 10/16/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/31/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/30/2032 One2026-03-310001885968us-gaap:BaseRateMemberus-gaap:LineOfCreditMemberck0001885968:VariableRateComponentOneMemberck0001885968:BNPFundingFacilityMember2022-10-122022-10-120001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Intermediate Holdco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% PIK Interest Rate 8.70% Maturity Date 07/02/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services LHS Borrower, LLC First Lien Debt Reference Rate and Spread P+ 4.25% Interest Rate 11.00% Maturity Date 09/04/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Pareto Health Intermediate Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.35% Maturity Date 06/03/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Atlas US Finco, Inc. Commitment Type Revolver Commitment Expiration Date 12/11/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Redwood Services Group, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/03/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsOtherDebtMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 05/25/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/18/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Revolver Commitment Expiration Date 11/10/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Astra Service Partners, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.34% Maturity Date 11/26/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FLS Holding, Inc. Commitment Type Revolver Commitment Expiration Date 12/17/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Ascend Partner Services, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.13% Maturity Date 08/11/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt iCIMS, Inc. Commitment Type Revolver Commitment Expiration Date 08/18/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LeadVenture, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Kodiak Buyer, LLC Commitment Type Revolver Commitment Expiration Date 07/23/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/18/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/22/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Dwyer Instruments, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 07/20/20292025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberus-gaap:IncomeApproachValuationTechniqueMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Pamlico Avant Holdings, LP First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 12/31/2032 One2025-12-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services mPulse Mobile, Inc. Common Equity Acquisition Date 12/17/20212025-12-310001885968us-gaap:FairValueInputsLevel2Member2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Dwyer Instruments, Inc. Commitment Type Revolver Commitment Expiration Date 07/20/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Trintech, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/28/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt BCTO Bluebill Midco, Inc. Commitment Type Revolver Commitment Expiration Date 07/30/20322025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/30/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Sonny's Enterprises, LLC Commitment Type Revolver Commitment Expiration Date 08/05/20272025-12-310001885968DebDebt Investments - non-controlled/non-affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread S + 5.50% (incl. 2.00% PIK) Interest Rate 9.34% Maturity Date 01/17/2031t Investments - non-controlled/non-affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.00% PIK) Interest Rate 9.34% Maturity Date 01/17/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Superman Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 08/29/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.55% Maturity Date 03/31/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.98% Maturity Date 07/02/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Revolver Commitment Expiration Date 03/09/20282026-03-310001885968us-gaap:CommercialAndIndustrialSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 03/12/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/02/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 06/01/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 01/02/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services PPV Intermediate Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 08/31/2029 One2026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non - affiliated Software GS AcquisitionCo, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 05/25/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Computer Services, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Merative LP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20272026-01-012026-03-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberck0001885968:DebtSecuritiesFirstLienMember2025-01-012025-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cliffwater, LLC Commitment Type Revolver Commitment Expiration Date 04/22/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Revolver Commitment Expiration Date 04/12/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/28/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Oak Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 05/31/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Intermediate Holdco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% PIK Interest Rate 8.84% Maturity Date 06/29/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Saturn Borrower, Inc. First Lien Debt Reference Rate and Spread S +6.00% Interest Rate 9.70% Maturity Date 11/10/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/20302026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Netwrix Corporation And Concept Searching, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/11/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Icefall Parent, Inc. Commitment Type Revolver Commitment Expiration Date 01/25/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.40% Maturity Date 10/16/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Vensure Employer Services, Inc. LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 09/29/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/18/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Zenith Acquisitionco, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.95% Maturity Date 01/13/2033 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 06/01/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt FMG Suite Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/09/20272025-12-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMember2021-11-050001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Superman Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312026-03-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Preferred Equity Reference Rate and Spread 8.00% PIK Acquisition Date 09/09/20252026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/17/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/31/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Intermediate Holdco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% PIK Interest Rate 8.84% Maturity Date 07/02/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LegitScript, LLC Commitment Type Revolver Commitment Expiration Date 06/24/20282025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Life Sciences Tools & Services Model N, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 06/27/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Advarra Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/14/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Icefall Parent, Inc. Commitment Type Revolver Commitment Expiration Date 01/25/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Icefall Parent, Inc. Commitment Type Revolver Commitment Expiration Date 01/25/20302026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:MachinerySectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Caerus US 1, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Vertex Service Partners, LLC First Lien Debt Reference Rate and Spread S+ 6.00% (incl. 4.25% PIK) Interest Rate 9.67% Maturity Date 11/08/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc Commitment Type Revolver Commitment Expiration Date 01/31/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Revolver Commitment Expiration Date 11/22/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 05/24/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/27/20262025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt Alpine Acquisition Corp. II2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/30/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Everbridge Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.66% Maturity Date 07/02/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 09/22/2028 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Revolver Commitment Expiration Date 10/16/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Inszone Mid, LLC Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 11/30/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 09/29/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/02/20272026-01-012026-03-310001885968ck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2026-01-012026-03-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMembersrt:MaximumMemberus-gaap:EurodollarMember2021-11-052021-11-050001885968us-gaap:AerospaceSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Eclipse Buyer, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/06/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Purchaser, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.53% Maturity Date 06/30/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/28/20272026-01-012026-03-310001885968ck0001885968:ProfessionalServicesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Firebird Acquisition Corp, Inc. Commitment Type Revolver Commitment Expiration Date 02/02/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/14/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 05/25/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LHS Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/04/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Runway Bidco, LLC First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.67% Maturity Date 12/17/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/03/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Revolver Commitment Expiration Date 07/28/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Revolver Commitment Expiration Date 10/15/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.70% Maturity Date 11/17/2031 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense Zenith Acquisitionco, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.95% Maturity Date 01/13/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tank Holding Corp. Commitment Type Revolver Commitment Expiration Date 03/31/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Surewerx Purchaser III, Inc. Commitment Type Revolver Commitment Expiration Date 12/28/20282026-01-012026-03-310001885968Investment Two2026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:AutomobilesSectorMember2026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Topco, Inc Preferred Equity Reference Rate and Spread 12.50% PIK Acquisition Date 09/05/20242025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Cyara AcquisitionCo, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 06/28/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Integrity Marketing Acquisition, LLC Commitment Type Revolver Commitment Expiration Date 08/25/20282025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Preferred Equity Reference Rate and Spread S+ 8.00% PIK Acquisition Date 02/028/20252025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/31/20282025-12-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Common Equity Acquisition Date 09/09/20252026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Distributors 48Forty Solutions, LLC Preferred Equity Acquisition Date 01/04/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering Arcoro Holdings Corp. First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.17% Maturity Date 03/28/2030 One2025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:AirFreightAndLogisticsSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:AirFreightAndLogisticsSectorMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Netwrix Corporation And Concept Searching, Inc. Commitment Type Revolver Commitment Expiration Date 06/11/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Advarra Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.22% Maturity Date 09/15/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Revalize, Inc. Commitment Type Revolver Commitment Expiration Date 04/16/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Zarya Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 07/01/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.22% Maturity Date 01/02/2031 Two2025-12-310001885968Equity Investments - non-controlled/affiliated Interactive Media & Services FMG Suite Holdings, LLC Common Equity Acquisition Date 09/09/20252025-12-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 9.95% Maturity Date 12/29/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 06/23/2032 Two2026-03-310001885968ck0001885968:LifeSciencesToolsServicesMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.37% Maturity Date 05/31/2028 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 06/28/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Revolver Commitment Expiration Date 10/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Revolver Commitment Expiration Date 11/30/20292025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Excelitas Technologies Corp. First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.97% Maturity Date 08/14/20282025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Preferred Equity Reference Rate and Spread S+ 8.00% PIK Acquisition Date 02/028/20252025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/3/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Bridgepointe Technologies, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 12/31/2027 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Transit Technologies, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.59% Maturity Date 08/20/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Accelerate Parent, LLC Commitment Type Revolver Commitment Expiration Date 02/24/20312025-01-012025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMember2025-01-012025-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc.2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software AuditBoard, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 07/14/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/17/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Distributors 48Forty Solutions, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 10.48% Maturity Date 11/30/2029 One2025-12-310001885968ck0001885968:IndustrialConglomeratesSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/22/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cerity Partners, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 07/28/2031 One2026-03-310001885968ck0001885968:CBASubscriptionFacilityMemberus-gaap:LineOfCreditMemberck0001885968:SterlingOvernightIndexAverageSONIAMember2021-11-052021-11-050001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/22/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Hootsuite, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.23% Maturity Date 05/22/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Montana Buyer, Inc. Commitment Type Revolver Commitment Expiration Date 07/22/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Tivity Health, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 06/28/20292026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.37% Maturity Date 05/31/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Optimizely North America, Inc. First Lien Debt Reference Rate and Spread E + 5.25% Interest Rate 7.16% Maturity Date 10/30/20312026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:ElectricalEquipmentSectorMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt BCTO Bluebill Midco, Inc. Commitment Type Revolver Commitment Expiration Date 07/30/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/30/20262025-01-012025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. First Lien Debt Reference Rate and Spread 6.25% (incl. 5.25% PIK) Interest Rate 10.07% Maturity Date 02/28/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sherlock Buyer Corp. First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.42% Maturity Date 12/06/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Chase Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/30/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Purchaser III, Inc. Investment First Lien Debt Reference Rate and Spread C + 5.25% Interest Rate 7.51% Maturity Date 12/28/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 05/12/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Excelitas Technologies Corp. First Lien Debt Reference Rate and Spread E+ 5.25% Interest Rate 7.15% Maturity Date 08/13/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vehlo Purchaser, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Verdantas, LLC Commitment Type Revolver Commitment Expiration Date 05/06/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Knockout Intermediate Holdings I, Inc. Preferred Equity Reference Rate and Spread S+ 10.75% PIK Acquisition Date 06/25/20222026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.34% Maturity Date 08/01/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 02/27/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Accel International Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 04/26/20322025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:CommercialAndIndustrialSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Icefall Parent, Inc. Commitment Type Revolver Commitment Expiration Date 01/25/20302025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Tamarack Intermediate, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.90% Maturity Date 03/12/2029 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Specialty Pharma III, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20322025-12-310001885968ck0001885968:UnfundedDebtSecuritiesFirstLienMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles LeadVenture, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 06/23/2032 Two2025-12-310001885968country:AU2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Appfire Technologies, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 03/09/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread 5.00% (incl 2.50% PIK) Interest Rate 8.70% Maturity Date 02/02/20322026-03-310001885968us-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Specialty Pharma III, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.44% Maturity Date 12/23/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Revolver Commitment Expiration Date 05/28/20322026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:IndustrialConglomeratesSectorMemberus-gaap:DebtSecuritiesMember2026-03-310001885968us-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMemberus-gaap:InsuranceSectorMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Revolver Commitment Expiration Date 06/27/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Ridge Trail US Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20312026-01-012026-03-310001885968us-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Turbo Buyer, Inc. First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.82% Maturity Date 06/02/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Electrical Equipment Spark Buyer, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 9.13% Maturity Date 10/15/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/27/20272025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberus-gaap:TechnologySectorMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/23/20322026-03-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMemberck0001885968:OtherDebtInvestmentsMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ComPsych Investment Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Galway Borrower, LLC Commitment Type Revolver Commitment Expiration Date 09/29/20282025-01-012025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262025-12-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Midco, LLC Investment Second Lien Debt Reference Rate and Spread Interest Rate Maturity Date 12/3/20362026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Advarra Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/14/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Victors Purchaser, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.19% Maturity Date 12/23/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Purchaser, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% PIK Interest Rate 9.53% Maturity Date 06/30/20272026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2025-01-012025-03-310001885968country:GBck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20302026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies YI, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.49% Maturity Date 12/03/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Kodiak Buyer, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 07/23/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/10/20262025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Common Equity Acquisition Date 02/28/20252026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Vanco Payment Solutions, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.42% Maturity Date 12/01/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Saturn Borrower, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/24/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AuditBoard, Inc. Commitment Type Revolver Commitment Expiration Date 07/14/20312025-01-012025-12-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc.2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/26/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services Triple Lift, Inc. First Lien Debt Reference Rate and Spread S+ 5.75% Interest Rate 9.59% Maturity Date 05/05/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Vehlo Purchaser, LLC Investment First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 05/24/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Atlas US Finco, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.61% Maturity Date 12/09/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc. Commitment Type Revolver Commitment Expiration Date 07/25/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Revolver Commitment Expiration Date 05/24/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Jawbreaker Parent, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/20/20262026-03-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968us-gaap:RelatedPartyMemberck0001885968:IncentiveFeeRateRealizedCapitalGainsMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Pareto Health Intermediate Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/20/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non - affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread S + 5.50% (incl. 2.00% PIK) Interest Rate 9.17% Maturity Date 01/17/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NSI Holdings, Inc. First Lien Debt Reference Rate and Spread P+ 3.75% Interest Rate 10.50% Maturity Date 11/17/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aprio Advisory Group, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services Cliffwater, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 04/22/2032 One2026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ComPsych Investment Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/23/20272026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Netwrix Corporation And Concept Searching, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/11/2029 One2026-03-310001885968Equity Investments - non-controlled/affiliated Financial Services Applitools, Inc. Common Equity Acquisition Date 07/18/20252026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/17/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Hercules Borrower, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 12/15/20282026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Surewerx Topco, LP Common Equity Acquisition Date 12/28/20222026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Archduke Buyer, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.27% Maturity Date 12/03/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 09/30/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.59% Maturity Date 01/29/20302025-12-310001885968Equity Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Preferred Equity Reference Rate and Spread 6.00% PIK Acquisition Date 03/29/20242025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Project Accelerate Parent, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 02/24/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fetch, Inc. Commitment Type Revolver Commitment Expiration Date 03/31/20332026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Applitools, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 09/18/2031 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cliffwater, LLC Commitment Type Revolver Commitment Expiration Date 04/22/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Software E-Discovery AcquireCo, LLC First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 10.07% Maturity Date 08/29/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/17/20312025-12-310001885968us-gaap:FairValueInputsLevel3Membersrt:WeightedAverageMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MarketApproachValuationTechniqueMemberus-gaap:MeasurementInputEbitdaMultipleMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Excelitas Technologies Corp. Commitment Type Revolver Commitment Expiration Date 08/14/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies YI, LLC Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.43% Maturity Date 12/03/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/12/2028 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies YI, LLC First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.49% Maturity Date 12/03/2029 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Ridge Trail US Bidco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.10% Maturity Date 09/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyara AcquisitionCo, LLC Commitment Type Revolver Commitment Expiration Date 06/28/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/31/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/06/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Automobile Components OEConnection, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 12/23/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bullhorn, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.72% Maturity Date 10/01/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Lightspeed Solution, LLC First Lien Debt Reference Rate and Spread P+ 6.00% Interest Rate 9.67% Maturity Date 03/01/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Astra Service Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/26/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Invictus Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/03/20262026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/31/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Merative, LP First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 09/30/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cliffwater, LLC Commitment Type Revolver Commitment Expiration Date 04/22/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Routeware, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.95% Maturity Date 09/18/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Blue River PetCare, LLC Commitment Type Revolver Commitment Expiration Date 08/01/20292026-01-012026-03-310001885968ck0001885968:ValuationRiskMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Railpros Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/24/20272026-01-012026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputEbitdaMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Vardiman Black Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 7.00% PIK Interest Rate 10.77% Maturity Date 03/18/2027 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyara AcquisitionCo, LLC Commitment Type Revolver Commitment Expiration Date 06/28/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 8.10% Maturity Date 08/02/20322025-12-310001885968ck0001885968:SubscriptionAgreementMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Heartland Veterinary Partners, LLC Commitment Type Revolver Commitment Expiration Date 06/12/20282026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Electrical Equipment Sparkstone Electrical Group Common Equity Acquisition Date 10/15/20242025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Pamlico Avant Holdings, LP First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.20% Maturity Date 12/31/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Drivecentric Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/22/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Abracon Group Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.60% (incl. 4.60% PIK)Interest Rate 10.54% Maturity Date 07/06/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Spark Buyer, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/15/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.62% Maturity Date 07/12/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/04/20272026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262026-01-012026-03-310001885968us-gaap:FairValueInputsLevel2Memberck0001885968:DebtSecuritiesSecondLienMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Essential Services Holding Corporation First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.88% Maturity Date 06/17/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.5% Interest Rate8.23% Maturity Date 02/14/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Infinite Bidco, LLC First Lien Debt Reference Rate and Spread S+ 6.25% Interest Rate 9.91% Maturity Date 03/02/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/28/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Heartland Veterinary Partners, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.51% Maturity Date 06/12/2028 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputDiscountRateMemberck0001885968:OtherSecurityInvestmentsPreferredEquityMemberck0001885968:ValuationYieldAnalysisMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PDI TA Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 02/03/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Chase Intermediate, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/30/2028 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Espresso Bidco, Inc. First Lien Debt Reference Rate and Spread S + 5.75% (incl. 3.13% PIK) Interest Rate 9.42% Maturity Date 03/25/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Revolver Commitment Expiration Date 09/14/20282025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Higginbotham Insurance Agency, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/30/20262026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inhabitiq, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/11/20272026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Insurance Services Amerilife Holdings, LLC Common Equity Acquisition Date 09/01/20222025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MRI Software, LLC Commitment Type Revolver Commitment Expiration Date 02/10/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Oak Purchaser, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.25% Maturity Date 05/31/2028 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Fullsteam Operations, LLC Common Equity Acquisition Date 11/27/20232026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Preferred Equity Reference Rate and Spread 10.5% Acquisition Date 12/21/20212025-12-310001885968ck0001885968:HealthCareTechnologyMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services World Insurance Associates, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 3/4/20302026-03-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services Triple Lift, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.59% Maturity Date 05/05/20282026-03-310001885968Debt Investments - non-controlled/non - affiliated Software LogRhythm, Inc. First Lien Debt Reference Rate and Spread S + 7.50% Interest Rate 11.17% Maturity Date 07/02/2029 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Magneto Components Buyco, LLC Commitment Type Revolver Commitment Expiration Date 12/05/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Montana Buyer, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.47% Maturity Date 07/22/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt CRCI Longhorn Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 08/27/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/25/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Apex Service Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/24/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Health Care Providers & Services Gateway US Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 09/22/2028 Two2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MeasurementInputRevenueMultipleMemberus-gaap:IncomeApproachValuationTechniqueMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2026-03-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ComPsych Investment Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/23/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Runway Bidco, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/17/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bridgepointe Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/2026 One2025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/21/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies HSI Halo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 06/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Catalis Intermediate, Inc. Commitment Type Revolver Commitment Expiration Date 08/04/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Revolver Commitment Expiration Date 09/18/20312025-12-310001885968Equity Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Preferred Equity Reference Rate and Spread 10.5% Acquisition Date 12/21/20212025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Common Equity Acquisition Date 05/03/20242025-12-310001885968ck0001885968:DistributorsSectorMemberus-gaap:DebtSecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-3100018859682025-12-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services Eclipse Topco, Inc Preferred Equity Reference Rate and Spread 12.50% PIK Acquisition Date 09/05/20242026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/17/20262025-12-310001885968ck0001885968:PharmaceuticalsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IG Investment Holdings, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.84% Maturity Date 09/22/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services BCTO Bluebill Midco, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.34% Maturity Date 07/30/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.56% Maturity Date 01/27/2032 One2025-12-310001885968us-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMemberus-gaap:InsuranceSectorMember2026-03-310001885968us-gaap:ChemicalsSectorMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/02/20272025-01-012025-12-310001885968ck0001885968:AutoComponentsSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Delayed Draw Term Loan Loan Commitment Expiration Date 09/20/20262026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services IG Investment Holdings, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.84% Maturity Date 09/22/20282025-12-310001885968ck0001885968:DebtSecuritiesSecondLienMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles COP Collisionright Parent, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 01/29/2030 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Higginbotham Insurance Agency, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 06/11/20312026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Icefall Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 01/25/2030 One2026-03-310001885968ck0001885968:DebtSecuritiesSecondLienMemberus-gaap:FairValueInputsLevel1Member2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt SV Newco 2, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/22/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Energy Labs Holdings Corp. Commitment Type Revolver Commitment Expiration Date 04/07/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Catalis Intermediate, Inc. Commitment Type Revolver Commitment Expiration Date 08/04/20272025-12-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesFirstLienMemberus-gaap:MeasurementInputEbitdaMultipleMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.22% Maturity Date 12/19/2029 Two2025-12-310001885968Debt Investments - non-controlled/affiliated Professional Services KWOR Acquisition, Inc. First Lien Debt Reference Rate and Spread 6.25% (incl. 5.25% PIK) Interest Rate 10.07% Maturity Date 02/28/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Majesco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 01/07/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Apollo Acquisition, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 12/30/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 06/04/2032 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MAI Capital Management Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 08/29/20312025-12-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Common Equity Acquisition Date 12/10/20212025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/26/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Consor Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 05/12/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vanco Payment Solutions, LLC Commitment Type Revolver Commitment Expiration Date 12/01/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 01/02/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20312025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Diligent Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/30/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.22% Maturity Date 12/19/2029 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Chase Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 10/30/20282026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquiom Financial, LLC (Procure Analytics) Common Equity Acquisition Date 12/20/20212025-12-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services Mobile Communications America, Inc. First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.40% Maturity Date 10/16/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated IT Services Thrive Buyer, Inc. (Thrive Networks) First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.42% Maturity Date 02/02/2032 Two2025-12-310001885968Equity Investments - non-controlled/non-affiliated Software RSK Holdings, Inc. (Riskonnect) Preferred Equity Reference Rate and Spread 10.50% Acquisition Date 07/07/20222025-12-310001885968ck0001885968:DebtSecuritiesFirstLienMember2026-03-310001885968us-gaap:ContainerAndPackagingSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services GarageCo Intermediate II, LLC First Lien Debt Reference Rate and Spread S+ 4.25% Interest Rate 7.91% Maturity Date 08/02/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 06/04/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Formstack Acquisition, Co. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 03/28/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Goose Borrower, LP Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 03/02/20332026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.20% Maturity Date 12/5/2031 Two2026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc.2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Atlas US Finco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 10/12/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/25/20272026-03-310001885968ck0001885968:DistributionReinvestmentPlanMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Aerospace & Defense ManTech International CP Investment First Lien Debt Reference Rate and Spread P + 3.50% Interest Rate 10.25% Maturity Date 09/14/20282026-03-310001885968ck0001885968:HealthCareProvidersServicesSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Equity Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Parent, LLC Common Equity Acquisition Date 07/25/20252026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Raptor Merger Sub Debt, LLC Commitment Type Revolver Commitment Expiration Date 04/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 02/14/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Victors Purchaser, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt PT Intermediate Holdings III, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/08/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Procure Acquireco, Inc. (Procure Analytics) Commitment Type Revolver Commitment Expiration Date 12/20/20282026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 09/09/2032 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/17/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Vanco Payment Solutions, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.45% Maturity Date 12/01/20312026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Smarsh, Inc. Commitment Type Revolver Commitment Expiration Date 02/16/20292025-01-012025-12-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Common Equity Acquisition Date 12/10/20212026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC Other Debt Reference Rate 13.00% PIK Interest Rate 13.00% Maturity Date 05/23/20312025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.09% Maturity Date 02/27/20302025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:RealEstateSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Onit, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.38% Maturity Date 01/27/2032 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Riskonnect Parent, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.50% Maturity Date 12/07/2028 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services FPG Intermediate Holdco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% PIK Interest Rate 8.84% Maturity Date 07/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NDT Global Holding, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/04/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Wireless Telecommunication Services CCI Buyer, Inc. First Lien Debt Reference Rate and Spread S +5.00% Interest Rate 8.67% Maturity Date 05/13/20322025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Consor Intermediate II, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 05/12/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/06/20272026-03-310001885968Debt Investments - non-controlled/non-affiliated Construction & Engineering LJ Avalon Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.46% Maturity Date 02/01/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt OEConnection, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Model N, Inc. Commitment Type Revolver Commitment Expiration Date 06/27/20312026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/28/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Artifact Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/22/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Apollo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 12/30/20302025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Answer Acquisition, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.82% Maturity Date 06/30/2028 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Archduke Buyer, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 12/03/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/25/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Foundation Risk Partners Corp. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/26/20272025-12-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2022-03-072022-03-070001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Associations, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/03/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Specialty Pharma III, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services EVDR Purchaser, Inc. First Lien Debt Reference Rate and Spread S+ 4.5% Interest Rate8.23% Maturity Date 02/14/2031 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Diligent Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.82% Maturity Date 08/02/2030 One2025-12-310001885968Equity Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. Common Equity Acquisition Date 02/03/20252025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Revolver Commitment Expiration Date 01/29/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 07/30/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Caerus US 1, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20292025-01-012025-12-310001885968us-gaap:LineOfCreditMemberck0001885968:BNPFundingFacilityMember2022-10-122022-10-120001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/25/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cerity Partners, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 01/21/20272026-01-012026-03-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services mPulse Mobile, Inc. Common Equity Acquisition Date 12/17/20212026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Coupa Holdings, LLC Commitment Type Revolver Commitment Expiration Date 02/27/20292025-12-310001885968Equity Investments - non-controlled/non-affiliated Software Knockout Intermediate Holdings I, Inc. Preferred Equity Reference Rate and Spread S+ 10.75% Acquisition Date 06/25/20222025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/02/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/17/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Archduke Buyer, Inc. First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.27% Maturity Date 12/03/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Banyan Software Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.17% Maturity Date 01/02/2031 Two2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMemberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputEbitdaMultipleMembersrt:MaximumMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fetch, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/02/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/03/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Automobiles Drivecentric Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.19% Maturity Date 08/15/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 03/12/20292026-03-310001885968Equity Investments - non-controlled/non-affiliated Automobile Components Continental Group Holdings, LP Common Equity Acquisition Date 07/16/20252026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/04/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery Chase Intermediate, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.59% Maturity Date 10/30/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt iCIMS, Inc. Commitment Type Revolver Commitment Expiration Date 08/18/20282025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components Abracon Group Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.60% (incl. 4.60% PIK)Interest Rate 10.54% Maturity Date 07/06/20282025-12-310001885968ck0001885968:SoftwareSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services PMA Parent Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/31/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Pharmaceuticals Caerus US 1, Inc. First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 05/25/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics First Lien Debt Reference Rate and Spread S + 6.25% Interest Rate 9.95% Maturity Date 12/29/20282025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/06/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Dwyer Instruments, Inc. Commitment Type Revolver Commitment Expiration Date 07/20/20292025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/06/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Redwood Services Group, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.70% Maturity Date 06/15/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Multi-Utilities Vessco Midco Holdings, LLC First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.23% Maturity Date 07/24/2031 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Trintech, Inc. Commitment Type Revolver Commitment Expiration Date 01/28/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 03/30/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Revolver Commitment Expiration Date 11/01/20292026-03-310001885968us-gaap:RetainedEarningsMember2025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Banyan Software Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/08/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Amerilife Holdings, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/31/2029 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Project Leopard Holdings, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.02% Maturity Date 07/20/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Fullsteam Operations, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/09/20272025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Health Care Equipment & Supplies Tidi Legacy Products, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 12/19/2029 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services DA Blocker Corp. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 02/10/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies CRCI Longhorn Holdings, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 08/27/2031 One2026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Firebird Acquisition Corp, Inc. First Lien Debt Reference Rate and Spread S + 5.00% (incl. 2.75% PIK) Interest Rate 8.84% Maturity Date 02/02/2032 One2025-12-310001885968us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LegitScript, LLC Commitment Type Revolver Commitment Expiration Date 06/24/20282026-03-310001885968Debt Investments - non-controlled/non-affiliated Air Freight & Logistics RoadOne IntermodaLogistics Investment First Lien Debt Reference Rate and Spread S + 6.75% Interest Rate 10.45% Maturity Date 12/29/2028 Two2026-03-310001885968ck0001885968:DebtAndEquitySecuritiesRealizedGainLossMemberus-gaap:OtherAggregatedInvestmentsMember2025-01-012025-03-310001885968Debt Investments - non-controlled/non-affiliated Machinery MHE Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.00% Interest Rate 9.82% Maturity Date 07/21/2027 One2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Inszone Mid, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/18/20272025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Common Equity Acquisition Date 02/28/20252025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Tamarack Intermediate, LLC Commitment Type Revolver Commitment Expiration Date 03/12/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services UHY Advisors, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 11/21/20312025-12-310001885968ck0001885968:BarclaysFundingFacilityMemberus-gaap:LineOfCreditMember2025-01-012025-03-310001885968ck0001885968:DebtSecuritiesFirstLienMemberus-gaap:FairValueInputsLevel1Member2026-03-310001885968us-gaap:OtherAggregatedInvestmentsMember2026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt Alpine Acquisition Corp. II2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Bottomline Technologies, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 05/14/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 06/02/20312025-12-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberck0001885968:InteractiveMediaAndServicesSectorMemberus-gaap:DebtSecuritiesMember2025-12-310001885968us-gaap:FairValueInputsLevel2Memberus-gaap:OtherAggregatedInvestmentsMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Chemicals V Global Holdings, LLC First Lien Debt Reference Rate and Spread S + 6.25% (incl. 3.70% PIK) Interest Rate 9.77% Maturity Date 01/02/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GarageCo Intermediate II, LLC Commitment Type Revolver Commitment Expiration Date 08/02/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Sweep Midco, LLC Second Lien Debt Maturity Date 03/12/20342025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Espresso Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 03/25/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Coupa Holdings, LLC First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 8.92% Maturity Date 02/27/2030 One2026-03-310001885968Equity Investments - non-controlled/non-affiliated Electrical Equipment Sparkstone Electrical Group Common Equity Acquisition Date 10/15/20242025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Revalize, Inc. First Lien Debt Reference Rate and Spread S + 6.50% (incl. 1.75% PIK) Interest Rate 10.35% Maturity Date 04/16/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies BPG Holdings IV Corp. Investment First Lien Debt Reference Rate and Spread S + 7.00% (incl. 5.00% PIK) Interest Rate 10.70% Maturity Date 07/30/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Nasuni Corporation First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 10/09/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Integrity Marketing Acquisition, LLC Investment First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.67% Maturity Date 08/25/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt ManTech International CP Commitment Type Revolver Commitment Expiration Date 09/14/20282026-01-012026-03-310001885968ck0001885968:DebtAndEquitySecuritiesUnrealizedGainLossMember2025-01-012025-03-310001885968us-gaap:EquitySecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Granicus, Inc. First Lien Debt Reference Rate and Spread P + 4.25% Interest Rate 11.00% Maturity Date 01/17/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt RoadOne IntermodaLogistics Commitment Type Revolver Commitment Expiration Date 12/29/20282026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vamos Bidco, Inc. Commitment Type Revolver Commitment Expiration Date 01/30/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Vessco Midco Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 07/24/20262025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Insurance Services Galway Borrower, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.17% Maturity Date 09/29/2028 One2025-12-310001885968us-gaap:FairValueInputsLevel3Memberck0001885968:DebtSecuritiesSecondLienMemberus-gaap:MeasurementInputDiscountRateMemberck0001885968:ValuationYieldAnalysisMember2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Real Chemistry Intermediate III, Inc. Commitment Type Revolver Commitment Expiration Date 04/12/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies VRC Companies, LLC First Lien Debt Reference Rate and Spread S+ 5.50% Interest Rate 9.31% Maturity Date 06/29/2027 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 09/09/2032 Two2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Essential Services Holding Corporation Commitment Type Revolver Commitment Expiration Date 06/17/20302025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt AWP Group Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/23/20262026-01-012026-03-310001885968Equity Investments - non-controlled/non-affiliated Software Revalize, Inc. Preferred Equity Reference Rate and Spread 10.00% PIK Acquisition Date 12/14/20212026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 01/30/2031 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Accordion Partners, LLC Commitment Type Revolver Commitment Expiration Date 11/17/20312026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Industrial Conglomerates Aptean, Inc. First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 01/30/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Iris Specialty Acquisiton, LLC Commitment Type Revolver Commitment Expiration Date 11/22/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Appfire Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/28/20262025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt EVDR Purchaser, Inc. Commitment Type Revolver Commitment Expiration Date 02/14/20312025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Financial Services GC Waves Holdings, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 10/04/20302025-12-310001885968ck0001885968:TransportationInfrastructureSectorMemberck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt V Global Holdings, LLC Commitment Type Revolver Commitment Expiration Date 01/02/20292026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Transportation Infrastructure Jeppesen Holdings, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.42% Maturity Date 11/01/2032 One2026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMemberck0001885968:AirFreightAndLogisticsSectorMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Machinery MHE Intermediate Holdings, LLC First Lien Debt Reference Rate and Spread S+ 6.00% Interest Rate 9.99% Maturity Date 07/21/2027 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Bullhorn, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/11/20262026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GS AcquisitionCo, Inc. Commitment Type Revolver Commitment Expiration Date 05/25/20282025-12-310001885968Equity Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC Common Equity Acquisition Date 05/03/20242026-03-310001885968us-gaap:ConsumerSectorMemberus-gaap:EquitySecuritiesMemberus-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Project Leopard Holdings, Inc. First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.19% Maturity Date 07/20/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Carr, Riggs and Ingram Capital, LLC Commitment Type Revolver Commitment Expiration Date 11/18/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Revolver Commitment Expiration Date 10/16/20292026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt COP Collisionright Parent, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 04/04/20272025-01-012025-12-310001885968ck0001885968:InvestmentTypeConcentrationRiskMemberck0001885968:InvestmentOwnedAtFairValueMember2025-01-012025-12-310001885968Debt Investments - non-controlled/non-affiliated Software Netwrix Corporation And Concept Searching, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.32% Maturity Date 11/06/20292025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Routeware, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 09/18/20262026-01-012026-03-310001885968ck0001885968:IncentiveFeeRateCapitalGainsAnnualizedMemberus-gaap:RelatedPartyMember2026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Artifact Bidco, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.82% Maturity Date 07/28/2031 One2025-12-310001885968ck0001885968:RestrictedSecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services WIPFLI Advisory, LLC First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.49% Maturity Date 10/01/2032 One2025-12-310001885968Investment Three2026-03-310001885968Investments in Non-Controlled, Affiliated First Lien Debt KWOR Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 02/28/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GPS Merger Sub, LLC Commitment Type Revolver Commitment Expiration Date 10/02/20292026-03-310001885968Debt Investments - non-controlled/non-affiliated Software Emburse, Inc. First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.92% Maturity Date 05/28/20322025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Amerilife Holdings, LLC Commitment Type Revolver Commitment Expiration Date 08/31/20282026-03-310001885968Equity Investments - non-controlled/non-affiliated Containers & Packaging BP Purchaser, LLC Common Equity Acquisition Date 12/10/20212025-12-310001885968Investment One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Formstack Acquisition, Co. Commitment Type Revolver Commitment Expiration Date 03/28/20302025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Imagine 360, LLC Commitment Type Delayed Draw Term Loan Loan Commitment Expiration Date 09/20/20262025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Mobile Communications America, Inc. Commitment Type Revolver Commitment Expiration Date 10/16/20292025-12-310001885968ck0001885968:SubscriptionAgreementMember2026-03-252026-03-250001885968Debt Investments - non-controlled/non-affiliated Professional Services Carr, Riggs and Ingram Capital, LLC First Lien Debt Reference Rate and Spread S + 4.25% Interest Rate 7.94% Maturity Date 11/18/2031 One2026-03-310001885968us-gaap:FairValueInputsLevel3Memberus-gaap:MarketApproachValuationTechniqueMembersrt:MinimumMemberus-gaap:MeasurementInputRevenueMultipleMemberck0001885968:OtherSecurityInvestmentsCommonEquityMember2025-12-310001885968Debt Investments - non-controlled/non-affiliated IT Services Cyber US Bidco, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 12/30/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Verdantas, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.42% Maturity Date 05/06/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt LJ Avalon Holdings, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/12/20272025-01-012025-12-310001885968Equity Investments - non-controlled/affiliated Professional Services KWOR Intermediate I, Inc. Preferred Equity Reference Rate and Spread S+ 8.00% PIK Acquisition Date 02/028/20252026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Onit, Inc. Commitment Type Revolver Commitment Expiration Date 01/27/20322026-03-310001885968Debt Investments - non-controlled/non-affiliated Transportation Infrastructure Jeppesen Holdings, LLC First Lien Debt Reference Rate and Spread S +4.75% Interest Rate 8.42% Maturity Date 11/01/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Hootsuite, Inc. Commitment Type Revolver Commitment Expiration Date 05/22/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Specialty Pharma III, Inc. Commitment Type Revolver Commitment Expiration Date 12/23/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Transit Technologies, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 08/20/20272026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Netwrix Corporation And Concept Searching, Inc. Commitment Type Revolver Commitment Expiration Date 06/11/20292025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies FLS Holding, Inc. Investment First Lien Debt Reference Rate and Spread S + 5.25% Interest Rate 9.10% Maturity Date 12/15/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Stepping Stones Healthcare Services, LLC Commitment Type Revolver Commitment Expiration Date 01/05/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Cyber US Bidco, LLC Commitment Type Revolver Commitment Expiration Date 12/30/20322026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt One, Inc. Software Corporation Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/06/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Accordion Partners, LLC First Lien Debt Reference Rate and Spread S + 5.00% Interest Rate 8.68% Maturity Date 11/17/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Interactive Media & Services FMG Suite Holdings, LLC First Lien Debt Reference Rate and Spread S+ 4.75% Interest Rate 8.57% Maturity Date 09/09/2032 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Electronic Equipment, Instruments & Components NDT Global Holding, Inc. First Lien Debt Reference Rate and Spread S+ 4.50% Interest Rate 8.22% Maturity Date 06/04/2032 Two2025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services Bridgepointe Technologies, LLC First Lien Debt Reference Rate and Spread S+ 5.00% Interest Rate 8.67% Maturity Date 12/31/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Emburse, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 05/28/20272025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt HSI Halo Acquisition, Inc. Commitment Type Revolver Commitment Expiration Date 06/28/20302026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt NSI Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 11/15/20262025-12-310001885968Equity Investments - non-controlled/affiliated Health Care Providers & Services SDB Holdco, LLC Common Equity Acquisition Date 03/29/20242026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Delayed Draw Term Loan Commitment Expiration Date 12/23/20272025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt eShipping, LLC Commitment Type Revolver Commitment Expiration Date 12/23/20322025-01-012025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Thrive Buyer, Inc. (Thrive Networks) Commitment Type Revolver Commitment Expiration Date 02/02/20322026-01-012026-03-310001885968Debt Investments - non-controlled/non - affiliated Software Jawbreaker Parent, Inc. First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/31/20332026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Project Accelerate Parent, LLC Commitment Type Revolver Commitment Expiration Date 02/24/20312025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Randy's Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 06/30/20262025-12-310001885968Debt Investments - non-controlled/non-affiliated Diversified Consumer Services Any Hour, LLC First Lien Debt Reference Rate and Spread S+ 5.25% Interest Rate 8.92% Maturity Date 05/23/2030 One2025-12-310001885968Debt Investments - non-controlled/non-affiliated Commercial Services & Supplies Procure Acquireco, Inc. (Procure Analytics) First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.42% Maturity Date 12/20/2028 One2025-12-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt MRI Software, LLC Commitment Type Revolver Commitment Expiration Date 02/10/20282026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt UHY Advisors, Inc. Commitment Type Revolver Commitment Expiration Date 11/21/20312026-01-012026-03-310001885968us-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Nasuni Corporation Commitment Type Revolver Commitment Expiration Date 09/10/20302026-01-012026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt GC Waves Holdings, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 10/06/20272025-12-310001885968Debt Investments - non-controlled/non-affiliated Professional Services KENG Acquisition, Inc. First Lien Debt Reference Rate and Spread S + 4.50% Interest Rate 8.17% Maturity Date 08/01/20292026-03-310001885968Investments in Non-Controlled, Non-Affiliated First Lien Debt Aptean, Inc. Commitment Type Delayed Draw Term Loan Commitment Expiration Date 02/14/20272026-01-012026-03-310001885968Debt Investments - non-controlled/non-affiliated Financial Services SitusAMC Holdings Corporation First Lien Debt Reference Rate and Spread S + 5.50% Interest Rate 9.20% Maturity Date 05/14/20312026-03-310001885968Debt Investments - non-controlled/non-affiliated Beverages Vamos Bidco, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 01/30/2032 Two2026-03-310001885968Debt Investments - non-controlled/non-affiliated Chemicals Tank Holding Corp. Investment First Lien Debt Reference Rate and Spread S + 5.75% Interest Rate 9.55% Maturity Date 03/31/2028 One2026-03-310001885968ck0001885968:LifeSciencesToolsServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMemberus-gaap:DebtSecuritiesMember2026-03-310001885968Debt Investments - non-controlled/non-affiliated Ground Transportation SV Newco 2, Inc. Investment First Lien Debt Reference Rate and Spread S + 4.75% Interest Rate 8.45% Maturity Date 06/02/2031 Two2026-03-31iso4217:EURxbrli:purexbrli:sharesiso4217:CADiso4217:GBPiso4217:USDxbrli:sharesiso4217:USD\n\n[Table of Contents](#toc_page)\n\n \n\n \n\n \n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, DC 20549\n\n______________________________________________________________________________________________________\n\nFORM 10-Q\n\n☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF\n\nTHE SECURITIES EXCHANGE ACT OF 1934\n\nFor the Quarterly Period Ended March 31, 2026\n\nOR\n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF\n\nTHE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from _____ to _____\n\nCommission File Number 814-01453\n\nT Series BDC LLC\n\n(Exact name of registrant as specified in its charter)\n\n \n\nDelaware\n\n \n\n87-3271290\n\n(State or other jurisdiction of incorporation or organization)\n\n \n\n(I.R.S. Employer Identification No.)\n\n1585 Broadway\n\n \n\n \n\nNew York, NY\n\n \n\n10036\n\n(Address of principal executive offices)\n\n \n\n(Zip Code)\n\n \n\n1 (212)-761-4000\n\n(Registrant’s telephone number, including area code)\n\nT Series Middle Market Loan Fund LLC\n\n(Former name, former address and former fiscal year, if changed since last report)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\n \n\nTrading Symbol\n\n \n\nName of each exchange on which registered\n\nNone\n\n \n\nNone\n\n \n\nNone\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days: Yes ☒ No ☐\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\n \n\nLarge accelerated filer\n\n☐\n\nAccelerated filer\n\n☐\n\n \n\n \n\n \n\n \n\nNon-accelerated filer\n\n☒\n\nSmaller reporting company\n\n☐\n\n \n\n \n\n \n\n \n\nEmerging growth company\n\n☒\n\n \n\n \n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒\n\nThe number of the registrant’s limited liability company common units outstanding at May 12, 2026 was 66,592,629.\n\n \n\n \n\n \n\n[Table of Contents](#toc_page)\n\n \n\n \n\nT Series BDC LLC\n\nQUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026\n\nTABLE OF CONTENTS\n\n \n\nPart I. Financial Information"}