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Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 1.00% Floor Maturity Date 4/1/20302025-12-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:InsuranceMember2025-12-310002052153Professional Services Jensen Hughes Jensen Hughes, Inc Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 8/31/20282025-12-310002052153ck0002052153:HealthCareTechnologyMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:MediaMember2025-12-310002052153ck0002052153:ElectronicEquipmentInstrumentsAndComponentsMember2026-03-310002052153ck0002052153:PersonalCareProductsMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:DatabricksIncMember2025-12-310002052153Diversified Consumer Services Legends Legends Hospitality Holding Company, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 8/22/20302026-03-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:InsuranceMember2026-03-310002052153ck0002052153:ChemicalsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:ThreeMonthsTokyoTermRiskFreeRateMember2025-12-310002052153us-gaap:FairValueInputsLevel3Member2026-01-012026-03-310002052153Insurance Hilb Group Thg Acquisition, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 10/31/20312026-03-310002052153ck0002052153:CapitalMarketsMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:AerospaceDefenseMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:PreferredStockMember2025-12-310002052153ck0002052153:CommunicationsEquipmentMember2025-12-310002052153Commercial Services & Supplies Service Logic Saber Parent Holdings Corp Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.00% Floor Maturity Date 12/16/20322026-03-310002052153Health Care Technology Suvoda Goldeneye Parent, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 3/31/20322026-03-310002052153Financial Services Service Logic Saber Parent Holdings Corp Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.00% Floor Maturity Date 12/16/20322025-12-310002052153ck0002052153:SaberParentHoldingsCorpMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:FinancialServicesMember2025-12-310002052153ck0002052153:HealthCareTechnologyMemberck0002052153:AdvarraHoldingsIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:SoftwareMemberck0002052153:AzuriteIntermediateHoldingsIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:TransportationInfrastructureMember2026-03-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 2/13/20322025-12-310002052153Consumer Staples Distribution & Retail Rise Baking Viking Baked Goods Acquisition Corporation Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.00% Floor Maturity Date 11/4/20312026-03-310002052153ck0002052153:ElectronicEquipmentInstrumentsAndComponentsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Consumer Staples Distribution & Retail Protein for Pets Protein For Pets Opco, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+525, 1.00% Floor Maturity Date 9/20/20302025-12-310002052153Life Sciences Tools & Services Cambrex Cambrex Corp. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 3/5/20322026-03-310002052153Software Quorum QBS Parent, Inc. Investment Type First Lien Secured Debt – Revolver Interest Rate S+450, 0.75% Floor Maturity Date 6/3/20322026-03-310002052153ck0002052153:CCIBuyerIncMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:WirelessTelecommunicationServicesMember2025-12-310002052153ck0002052153:ArcwoodEnvironmentalIncMemberck0002052153:CommercialServicesAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Communications Equipment CommScope Commscope, LLC (f/k/a Commscope, Inc.) 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Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 3/5/20322025-12-310002052153Insurance Hilb Group Thg Acquisition, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 10/31/20312026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMember2026-03-310002052153ck0002052153:MediaMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:MROHoldingsIncMemberck0002052153:AerospaceDefenseMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:AerospaceDefenseMember2025-12-310002052153ck0002052153:ITServicesMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:OneMonthSecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2025-12-310002052153ck0002052153:ApolloCapitalManagementLPMember2025-01-270002052153ck0002052153:HIGIntermediateIncMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMember2025-12-310002052153ck0002052153:ChemicalsMember2026-03-310002052153ck0002052153:GoldeneyeParentLLCMember2026-03-3100020521532025-03-062025-03-060002052153ck0002052153:HealthCareTechnologyMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMember2025-12-310002052153ck0002052153:LegendsHospitalityHoldingCompanyLLCMember2025-12-310002052153Life Sciences Tools & Services Curia Curia Global, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+300 Cash (includes 3.25% PIK), 0.00% Floor Maturity Date 12/6/20292026-03-310002052153Machinery United Flow Technologies Uft Buyer LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+225 Cash plus 2.75% PIK, 0.50% PIK Maturity Date 12/6/20322026-03-310002052153Insurance Higginbotham Higginbotham Insurance Agency, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 1.00% Floor Maturity Date 6/11/20312026-03-310002052153us-gaap:FairValueInputsLevel1Memberus-gaap:CommonStockMember2026-03-310002052153Software Enverus Edition Holdings, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 12/18/20322025-12-310002052153ck0002052153:FireFlowIntermediateCorporationMember2026-03-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+575, 0.75% Floor Maturity Date 2/13/20322025-12-310002052153ck0002052153:CapitalMarketsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 9/2/20312025-12-310002052153ck0002052153:RunwayBidcoLLCMember2026-03-310002052153ck0002052153:ParfumsHoldingCompanyIncMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:PersonalCareProductsMember2026-03-310002052153Software Enverus Edition Holdings, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 12/18/20322025-12-310002052153ck0002052153:ChemicalsMember2025-12-310002052153Specialty Retail Tailored Brands The Men's Wearhouse, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+575, 0.00% Floor Maturity Date 2/26/20292025-12-310002052153ck0002052153:CambrexCorpMember2025-12-310002052153ck0002052153:SilkHoldingsIIICorpMember2026-03-310002052153us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel2Member2026-03-310002052153ck0002052153:AutomobileComponentsMember2025-12-310002052153Software Jeppesen JEPPESEN HOLDINGS, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.50% Floor Maturity Date 11/1/20322025-12-310002052153Transportation Infrastructure GSI Geotechnical Merger Sub, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 10/15/20312025-12-310002052153us-gaap:CommonStockMember2026-03-310002052153ck0002052153:FeeRebatesFromAffiliatesRelatedToCapitalSolutionServicesMember2026-01-012026-03-310002052153Technology Hardware, Storage & Peripherals Service Express Victors Purchaser, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+450, 0.50% Floor Maturity Date 12/23/20322025-12-310002052153Insurance Safe-Guard SG Acquisition, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 4/3/20302026-03-310002052153Health Care Technology Advarra Advarra Holdings, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 9/15/20312025-12-310002052153Insurance Higginbotham Higginbotham Insurance Agency, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 1.00% Floor Maturity Date 6/11/20312025-12-310002052153ck0002052153:DatabricksIncMember2026-03-310002052153ck0002052153:AzuriteIntermediateHoldingsIncMember2026-03-310002052153ck0002052153:QBSParentIncMemberck0002052153:SoftwareMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Capital Markets Russell Russell Investments US Institutional Holdco Inc Investment Type First Lien Secured Debt - Term Loan Interest Rate S+625 Cash plus 1.25% PIK, 2.00% Floor Maturity Date 12/29/20322026-03-310002052153ck0002052153:SixMonthsSecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2026-03-310002052153ck0002052153:ZeusCompanyLLCMemberck0002052153:HealthCareEquipmentAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:LifeSciencesToolsAndServicesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:HouseholdDurablesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:CapitalMarketsMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:TITANBWBORROWERLPMember2025-12-310002052153ck0002052153:ConstructionAndEngineeringMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:OneMonthSecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2026-03-310002052153ck0002052153:CambrexCorpMemberck0002052153:LifeSciencesToolsAndServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:MachineryMember2025-12-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:FinancialServicesMember2026-03-310002052153ck0002052153:VensureEmployerServicesIncMember2025-12-310002052153us-gaap:MoneyMarketFundsMember2026-03-310002052153ck0002052153:LifeSciencesToolsAndServicesMember2026-03-310002052153Technology Hardware, Storage & Peripherals Valor VCI Asset Holdings 2 LLC Investment Type First Lien Secured Debt – Term Loan Interest Rate 7.38% Maturity Date 2/18/20312026-03-310002052153ck0002052153:HouseholdDurablesMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:MediaMember2026-03-310002052153Pharmaceuticals Catalent Creek Parent, Inc. Investment Type First Lien Secured Debt – Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 12/18/20312026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:TivityHealthIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153us-gaap:MeasurementInputDiscountRateMemberus-gaap:PreferredStockMemberck0002052153:ValuationTechniqueYieldAnalysisMembersrt:MaximumMember2025-12-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Revolver Interest Rate S+525, 0.75% Floor Maturity Date 1/31/20302026-03-310002052153srt:MinimumMember2026-03-310002052153ck0002052153:KeystoneMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMember2026-03-310002052153ck0002052153:ZeusCompanyLLCMember2026-03-310002052153Software Enverus Edition Holdings, Inc. Investment Type First Lien Secured Debt – Revolver Interest Rate S+450, 0.75% Floor Maturity Date 12/20/20322026-03-310002052153ck0002052153:TechnologyHardwareStorageAndPeripheralsMember2025-12-310002052153Chemicals Vantage Specialty Chemicals Vantage Specialty Chemicals Holdings, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+675 Cash plus 8.99% PIK Maturity Date 8/29/20292025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:GannettHoldingsLLCMemberck0002052153:MediaMember2025-12-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:PreferredStockMember2024-12-310002052153ck0002052153:MachineryMember2026-03-310002052153ck0002052153:AVSCHoldingCorporationMemberck0002052153:CommercialServicesAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:RussellInvestmentsUSInstitutionalHoldcoIncMember2025-12-310002052153ck0002052153:ITServicesMember2026-03-310002052153ck0002052153:HealthCareTechnologyMember2026-03-310002052153ck0002052153:CommercialServicesAndSuppliesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153Software G2CI Evergreen IX Borrower 2023, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+475, 0.75% Floor Maturity Date 10/1/20292026-03-310002052153Software Databricks Databricks, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.00% Floor Maturity Date 1/3/20312025-12-310002052153Insurance ISC IRIS Specialty Acquisition LLC Investment Type First Lien Secured Debt - Term Loan Delayed Draw S+450, 0.75% Floor Maturity Date 11/20/20322025-12-310002052153Professional Services Kroll Deerfield Dakota Holding, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 9/1/2031 One2025-12-310002052153ck0002052153:HealthCareEquipmentAndSuppliesMember2025-12-310002052153Professional Services Kroll Deerfield Dakota Holding, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312025-12-310002052153us-gaap:CommonStockMember2026-01-012026-03-310002052153Software Alteryx Azurite Intermediate Holdings, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+600, 0.75% Floor Maturity Date 3/19/20312025-12-310002052153ck0002052153:CompassIncMember2025-12-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMember2025-12-310002052153ck0002052153:AdvarraHoldingsIncMember2025-12-310002052153ck0002052153:WealthEnhancementGroupLLCMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:FinancialServicesMember2025-12-310002052153Professional Services Jensen Hughes Jensen Hughes, Inc Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312026-03-310002052153Media Gannett Gannett Holdings, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 1.50% Floor Maturity Date 10/15/20292026-03-310002052153Software Quorum QBS Parent, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 6/3/20322025-12-310002052153Transportation Infrastructure Eagle Railcar Elk Bidco, Inc Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.50% Floor Maturity Date 6/14/20322025-12-310002052153ck0002052153:ConstructionAndEngineeringMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:RussellInvestmentsUSInstitutionalHoldcoIncMember2026-03-310002052153Technology Hardware, Storage & Peripherals Valor VCI Asset Holdings 1 LLC Investment Type First Lien Secured Debt – Term Loan Interest Rate 10.00% Maturity Date 11/20/20302026-03-310002052153Media Gannett USA TODAY Co Inc (fka Gannett Co., Inc.) Investment Type First Lien Secured Debt - Convertible Bond Interest Rate 6.00% Maturity Date 12/1/20312026-03-310002052153ck0002052153:ProfessionalServicesMember2026-03-310002052153Chemicals Vantage Specialty Chemicals Vantage Specialty Chemicals Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+625, 1.00% Floor Maturity Date 2/28/20292025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:ITServicesMember2026-03-310002052153ck0002052153:ConsumerStaplesDistributionAndRetailMember2025-12-310002052153ck0002052153:GeotechnicalMergerSubIncMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TransportationInfrastructureMember2025-12-310002052153ck0002052153:ChemicalsMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153Life Sciences Tools & Services Cambrex Cambrex Corp. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 3/5/20322025-12-310002052153Life Sciences Tools & Services Cambrex Cambrex Corp. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 3/5/20322025-12-310002052153Health Care Providers & Services Omega Healthcare OMH-Healthedge Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 1.00% Floor Maturity Date 4/1/20302025-12-310002052153ck0002052153:HealthCareTechnologyMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 1/30/20322026-03-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 8/30/20312026-03-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMember2025-03-310002052153Software G2CI Evergreen IX Borrower 2023, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 9/30/20302026-03-310002052153Insurance Keystone Koala Investment Holdings, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 8/29/20322025-12-310002052153ck0002052153:CommercialServicesAndSuppliesMemberck0002052153:SaberParentHoldingsCorpMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:JEPPESENHOLDINGSLLCMemberck0002052153:SoftwareMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Construction & Engineering ASC Engineered Solutions Fire Flow Intermediate Corporation Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 7/10/20312026-03-310002052153Commercial Services & Supplies R.R. Donnelley R. R. Donnelley & Sons Company Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 8/8/20292025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMemberck0002052153:ISCMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMemberck0002052153:ValuationTechniqueTransactionalValueMember2025-12-310002052153Consumer Staples Distribution & Retail Rise Baking Viking Baked Goods Acquisition Corporation Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.00% Floor Maturity Date 11/4/20312025-12-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2026-03-310002052153ck0002052153:CambrexCorpMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMemberck0002052153:RunwayBidcoLLCMember2025-12-310002052153ck0002052153:AdvisoryAgreementMember2025-01-012025-03-310002052153ck0002052153:HealthCareTechnologyMemberck0002052153:AdvarraHoldingsIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:VCIAssetHoldingsOneLLCMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TechnologyHardwareStorageAndPeripheralsMember2026-03-310002052153ck0002052153:SGAcquisitionIncMember2025-12-310002052153Life Sciences Tools & Services Curia Curia Global, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+625 Cash (includes 3.25% PIK), 0.00% Floor Maturity Date 12/6/20292025-12-310002052153us-gaap:PrimeMember2025-12-310002052153ck0002052153:ConstructionAndEngineeringMember2026-03-310002052153Health Care Providers & Services One Call Medical One Call Corporation (fka Opal Acquisition, Inc.) Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.50% Floor Maturity Date 9/10/20302025-12-310002052153ck0002052153:SilkHoldingsIIICorpMember2025-12-310002052153Aerospace & Defense Triumph TITAN BW BORROWER L.P. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.50% Floor Maturity Date 7/24/20322026-03-310002052153ck0002052153:DeerfieldDakotaHoldingLLCMemberck0002052153:ProfessionalServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:LifeSciencesToolsAndServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:ApolloCapitalManagementLPMemberck0002052153:ReorganizationAgreementMember2025-01-242025-01-240002052153ck0002052153:ConstructionAndEngineeringMemberck0002052153:GeotechnicalMergerSubIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:PersonalCareProductsMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TechnologyHardwareStorageAndPeripheralsMember2025-12-310002052153Software Databricks Databricks, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.00% Floor Maturity Date 1/3/20312025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 2/13/20312026-03-310002052153ck0002052153:GoldenHippoPetLLCMember2026-03-310002052153ck0002052153:DiversifiedConsumerServicesMember2026-03-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 9/2/20312026-03-310002052153Financial Services Wealth Enhancement Group Wealth Enhancement Group, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 1.00% Floor Maturity Date 10/2/2028 One2025-12-310002052153ck0002052153:PersonalCareProductsMember2026-03-310002052153ck0002052153:TransportationInfrastructureMember2025-12-310002052153Professional Services Jensen Hughes Jensen Hughes, Inc Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 9/1/2031 One2026-03-310002052153ck0002052153:GoldenHippoMemberck0002052153:ConsumerStaplesDistributionAndRetailMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Health Care Providers & Services One Call Medical One Call Corporation (fka Opal Acquisition, Inc.) 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Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.75% Floor Maturity Date 3/5/20322026-03-310002052153Technology Hardware, Storage & Peripherals Service Express Victors Purchaser, LLC Investment Type First Lien Secured Debt – Delayed Draw Interest Rate S+450, 0.50% Floor Maturity Date 12/23/20322025-12-310002052153us-gaap:PreferredStockMember2026-03-310002052153ck0002052153:EditionHoldingsIncMember2026-03-310002052153Life Sciences Tools & Services Cambrex Cambrex Corp. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 3/6/20322025-12-310002052153Construction & Engineering GSI Geotechnical Merger Sub, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.75% Floor Maturity Date 10/15/20312026-03-310002052153Health Care Equipment & Supplies Zeus Zeus Company LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+600 Cash plus 3.00% PIK, 0.75% Floor Maturity Date 2/28/20312025-12-310002052153Technology Hardware, Storage & Peripherals Valor VCI Intermediate Topco 2 LLC Investment Type Common Equity - Membership Interest2026-03-310002052153ck0002052153:DeerfieldDakotaHoldingLLCMember2026-03-310002052153Transportation Infrastructure Eagle Railcar Elk Bidco, Inc Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.50% Floor Maturity Date 6/14/20322025-12-310002052153us-gaap:PreferredStockMember2025-12-310002052153ck0002052153:HouseholdDurablesMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:AerospaceDefenseMember2026-03-310002052153ck0002052153:ConsumerStaplesDistributionAndRetailMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:SpecialtyRetailMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:ApolloCapitalManagementLPMember2024-12-310002052153ck0002052153:HouseholdDurablesMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153us-gaap:FairValueInputsLevel2Member2026-03-310002052153ck0002052153:AzuriteIntermediateHoldingsIncMember2025-12-310002052153Consumer Staples Distribution & Retail Golden Hippo Golden Hippo Pet, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+425, 2.00% Floor Maturity Date 2/5/20312026-03-310002052153Insurance Hilb Group Thg Acquisition, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 10/31/20312025-12-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:TransportationInfrastructureMember2025-12-310002052153ck0002052153:TechnologyHardwareStorageAndPeripheralsMemberus-gaap:CommonStockMember2025-12-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. 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Investment Type First Lien Secured Debt - Revolver Interest Rate S+650, 0.75% Floor Maturity Date 3/19/20312025-12-310002052153Health Care Providers & Services Omega Healthcare OMH-Healthedge Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 1.00% Floor Maturity Date 4/1/20302026-03-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. 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Investment Type First Lien Secured Debt - Revolver Interest Rate S+525, 1.00% Floor Maturity Date 6/27/20292025-12-310002052153Health Care Providers & Services Dental Corp Aryeh Bidco Investment Ltd. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 1/4/20332026-03-310002052153Health Care Providers & Services Omega Healthcare OMH-Healthedge Holdings, Inc. 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Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 3/5/20322026-03-310002052153Health Care Equipment & Supplies Zeus Zeus Company LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+550, 0.75% Floor Maturity Date 2/28/20302025-12-310002052153ck0002052153:LifeSciencesToolsAndServicesMember2025-12-310002052153ck0002052153:AerospaceDefenseMember2025-12-310002052153ck0002052153:SilkHoldingsIIICorpMemberck0002052153:PersonalCareProductsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Professional Services Kroll Deerfield Dakota Holding, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+525, 0.75% Floor Maturity Date 9/13/20322025-12-310002052153ck0002052153:ConstructionAndEngineeringMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TransportationInfrastructureMember2026-03-310002052153Personal Care Products PDC Brands Parfums Holding Company, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525, 1.00% Floor Maturity Date 6/27/20302026-03-310002052153Technology Hardware, Storage & Peripherals Service Express Victors Purchaser, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+450, 0.50% Floor Maturity Date 12/23/20322026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:OMH-HealthedgeHoldingsIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Co-investment2026-03-310002052153ck0002052153:ITServicesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Member2025-01-012025-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) 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Investment Type First Lien Secured Debt – Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 12/18/20312025-12-310002052153Consumer Staples Distribution & Retail Protein for Pets Protein For Pets Opco, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525, 1.00% Floor Maturity Date 9/20/20302025-12-310002052153ck0002052153:GeotechnicalMergerSubIncMember2025-12-310002052153ck0002052153:ThreeMonthsSecuredOvernightFinancingRateSofrOvernightIndexSwapRateMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:PharmaceuticalsMember2025-12-310002052153Insurance Hilb Group Thg Acquisition, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 10/31/20312025-12-310002052153us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel2Member2025-12-310002052153Software Databricks Databricks, Inc. 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Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 2.00% Floor Maturity Date 8/31/20282026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:SilkHoldingsIIICorpMemberck0002052153:PersonalCareProductsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:AVSCHoldingCorporationMember2026-03-310002052153ck0002052153:SGAcquisitionIncMember2026-03-310002052153ck0002052153:OMH-HealthedgeHoldingsIncMember2026-03-310002052153Commercial Services & Supplies Encore AVSC Holding Corp. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 12/5/20292026-03-310002052153country:US2026-03-310002052153Health Care Equipment & Supplies Zeus Zeus Company LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+600 Cash plus 3.00% PIK, 0.75% Floor Maturity Date 2/28/20312026-03-310002052153ck0002052153:VictorsPurchaserLLCMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TechnologyHardwareStorageAndPeripheralsMember2025-12-310002052153ck0002052153:TechnologyHardwareStorageAndPeripheralsMemberus-gaap:CommonStockMember2026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153Machinery United Flow Technologies Uft Buyer LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.5% Floor Maturity Date 12/6/20322025-12-310002052153ck0002052153:ProfessionalServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Wireless Telecommunication Services Consumer Cellular CCI Buyer, Inc Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 5/13/20322025-12-310002052153ck0002052153:SpruceBidcoIIIncMember2026-03-310002052153Insurance Safe-Guard SG Acquisition, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 4/3/20302025-12-310002052153ck0002052153:GannettHoldingsLLCMember2025-12-310002052153ck0002052153:FinancialServicesMember2026-03-310002052153ck0002052153:PharmaceuticalsMember2025-12-310002052153Software G2CI Evergreen IX Borrower 2023, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+475, 0.75% Floor Maturity Date 10/1/20292025-12-310002052153ck0002052153:LHSBorrowerLLCMember2025-12-310002052153us-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberus-gaap:PreferredStockMemberck0002052153:ValuationTechniqueYieldAnalysisMember2025-12-310002052153Financial Services Wealth Enhancement Group Wealth Enhancement Group, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 1.00% Floor Maturity Date 10/2/20282025-12-310002052153ck0002052153:MachineriesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153IT Services Vensure Vensure Employer Services, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.50% Floor Maturity Date 9/27/20312026-03-310002052153ck0002052153:HealthCareTechnologyMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:GoldeneyeParentLLCMember2025-12-310002052153ck0002052153:TechnologyHardwareStorageAndPeripheralsMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2025-12-310002052153Aerospace & Defense Triumph TITAN BW BORROWER L.P. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.50% Floor Maturity Date 7/24/20322026-03-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate T+500, 0.75% Floor Maturity Date 1/30/20322026-03-310002052153Building Products Leaf Home LHS Borrower LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525, 0.75% Floor Maturity Date 9/4/20312026-03-310002052153Wireless Telecommunication Services Consumer Cellular CCI Buyer, Inc Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 5/13/20322026-03-310002052153Commercial Services & Supplies Encore AVSC Holding Corp. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 12/5/20292025-12-310002052153ck0002052153:HealthCareEquipmentAndSuppliesMemberck0002052153:SpruceBidcoIIIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:ArcwoodEnvironmentalIncMemberck0002052153:CommercialServicesAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Software Quorum QBS Parent, Inc. Investment Type First Lien Secured Debt – Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 6/3/20322026-03-310002052153ck0002052153:SoftwareMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 2/13/20322026-03-310002052153Software Everbridge Everbridge Holdings, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 7/2/20312026-03-310002052153ck0002052153:IRISSpecialtyAcquisitionLLCMember2025-12-310002052153ck0002052153:BuildingProductsMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153us-gaap:PrimeMember2026-03-310002052153us-gaap:FairValueInputsLevel3Member2025-01-012025-03-310002052153ck0002052153:ZeusCompanyLLCMemberck0002052153:HealthCareEquipmentAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Transportation Infrastructure Eagle Railcar Elk Bidco, Inc Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.50% Floor Maturity Date 6/14/20322025-12-310002052153ck0002052153:PharmaceuticalsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:FinancialServicesMember2025-12-310002052153Health Care Technology Suvoda Goldeneye Parent, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 3/31/20322025-12-3100020521532025-12-310002052153Construction & Engineering GSI Geotechnical Merger Sub, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 10/15/20312026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:TivityHealthIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+575, 0.75% Floor Maturity Date 2/13/20322026-03-310002052153Aerospace & Defense MRO Holdings MRO Holdings, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.50% Floor Maturity Date 10/4/20322026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMember2025-12-310002052153ck0002052153:Truck-LiteCoLLCMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2025-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Software Alteryx Azurite Intermediate Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+650, 0.75% Floor Maturity Date 3/19/20312026-03-310002052153Software Redwood Runway Bidco, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+500, 0.50% Floor Maturity Date 12/17/20312025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:CuriaGlobalIncMember2025-12-310002052153ck0002052153:HealthCareEquipmentAndSuppliesMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153Insurance ISC IRIS Specialty Acquisition LLC Investment Type First Lien Secured Debt - Term Loan Revolver S+450, 0.75% Floor Maturity Date 11/20/20322025-12-310002052153ck0002052153:ElectronicEquipmentInstrumentsAndComponentsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Consumer Staples Distribution & Retail Golden Hippo Golden Hippo Pet, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+425, 2.00% Floor Maturity Date 2/5/20312026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:OneCallCorporationMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:AerospaceDefenseMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TITANBWBORROWERLPMember2026-03-310002052153ck0002052153:OneCallCorporationMember2025-12-310002052153Wireless Telecommunication Services Consumer Cellular CCI Buyer, Inc Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 5/13/20322025-12-310002052153Electronic Equipment, Instruments & Components Wolfspeed Wolfspeed Inc Investment Type First Lien Secured Debt - Corporate Bond Interest Rate 9.88% Maturity Date 6/23/20302026-03-310002052153Insurance Higginbotham Higginbotham Insurance Agency, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 1.00% Floor Maturity Date 6/11/20312026-03-310002052153Commercial Services & Supplies Service Logic Saber Parent Holdings Corp Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475 Cash plus 2.25% PIK, 0.00% Floor Maturity Date 12/16/20322026-03-310002052153Chemicals Vantage Specialty Chemicals Vantage Specialty Chemicals Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+625, 1.00% Floor Maturity Date 2/28/20292026-03-310002052153ck0002052153:CCIBuyerIncMember2026-03-310002052153Insurance Keystone Koala Investment Holdings, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.75% Floor Maturity Date 8/29/20322025-12-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate C+475, 0.75% Floor Maturity Date 1/30/20322025-12-310002052153Software Databricks Databricks, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.00% Floor Maturity Date 1/5/20322025-12-310002052153country:US2025-12-310002052153Aerospace & Defense Triumph TITAN BW BORROWER L.P. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.50% Floor Maturity Date 7/24/20322025-12-310002052153Technology Hardware, Storage & Peripherals Valor VCI Asset Holdings 1 LLC Investment Type First Lien Secured Debt – Term Loan Interest Rate 10% Maturity Date 11/20/20302025-12-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMember2024-12-310002052153ck0002052153:ConstructionAndEngineeringMember2025-12-310002052153Professional Services Jensen Hughes Jensen Hughes, Inc Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312026-03-310002052153ck0002052153:MediaMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:HealthCareTechnologyMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:CTTechnologiesIntermediateHoldingsMember2025-12-310002052153Health Care Providers & Services One Call Medical One Call Corporation (fka Opal Acquisition, Inc.) Investment Type First Lien Secured Debt - Term Loan Interest Rate S+575, 0.50% Floor Maturity Date 9/10/20302026-03-310002052153ck0002052153:VantageSpecialtyChemicalsHoldingsIncMember2026-03-310002052153Software Quorum QBS Parent, Inc. Investment Type First Lien Secured Debt – Revolver Interest Rate S+450, 0.75% Floor Maturity Date 6/3/20322025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMember2026-03-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:TechnologyHardwareStorageAndPeripheralsMember2026-03-310002052153ck0002052153:WealthEnhancementGroupLLCMember2025-12-310002052153ck0002052153:PersonalCareProductsMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:VictorsPurchaserLLCMember2026-03-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 1/30/20322026-03-310002052153Health Care Technology Suvoda Goldeneye Parent, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 3/31/20322025-12-3100020521532025-01-242025-01-240002052153ck0002052153:KoalaInvestmentHoldingsIncMember2026-03-310002052153ck0002052153:QBSParentIncMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:MediaMemberck0002052153:USATODAYCoIncFkaGannettCoIncMember2025-12-310002052153ck0002052153:ApolloCapitalManagementLPMember2025-01-240002052153ck0002052153:CommercialServicesAndSuppliesMember2026-03-310002052153Software Jeppesen JEPPESEN HOLDINGS, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.50% Floor Maturity Date 11/1/20322025-12-310002052153Insurance Safe-Guard SG Acquisition, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 4/3/20302026-03-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 8/30/20312025-12-310002052153ck0002052153:HealthCareEquipmentAndSuppliesMember2026-03-310002052153Health Care Providers & Services Dental Corp Aryeh Bidco Investment Ltd. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 1/4/20332026-03-310002052153Professional Services Legends Legends Hospitality Holding Company, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 8/22/20302025-12-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 9/2/20312026-03-310002052153us-gaap:FairValueInputsLevel1Memberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:WealthEnhancementGroupLLCMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153us-gaap:PreferredStockMemberus-gaap:FairValueInputsLevel3Member2026-03-310002052153ck0002052153:UnfundedDelayedDrawLoanCommitmentsMember2025-12-310002052153us-gaap:FairValueInputsLevel2Memberus-gaap:CommonStockMember2026-03-310002052153Household Durables Polywood Poly-Wood, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+488, 1.00% Floor Maturity Date 3/20/20302025-12-310002052153Personal Care Products Suave Silk Holdings III Corp. Investment Type First Lien Secured Debt – Term Loan Interest Rate S+450, 0.50% Floor Maturity Date 12/3/20322025-12-310002052153srt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberus-gaap:PreferredStockMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153ck0002052153:HigginbothamInsuranceAgencyIncMember2026-03-310002052153ck0002052153:AryehBidcoInvestmentLtdMember2026-03-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525, 0.75% Floor Maturity Date 1/31/20312025-12-310002052153ck0002052153:ProfessionalServicesMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153us-gaap:MeasurementInputDiscountRateMemberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMembersrt:MaximumMember2026-03-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:PreferredStockMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153ck0002052153:OneCallCorporationMember2026-03-310002052153Household Durables Polywood Poly-Wood, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+488, 1.00% Floor Maturity Date 3/20/20302026-03-310002052153ck0002052153:Poly-WoodLLCMember2026-03-310002052153us-gaap:MoneyMarketFundsMember2025-12-310002052153ck0002052153:ProteinForPetsOpcoLLCMember2026-03-310002052153ck0002052153:BuildingProductsMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:AerospaceDefenseMemberck0002052153:TITANBWBORROWERLPMember2025-12-310002052153ck0002052153:CreekParentIncMember2025-12-310002052153ck0002052153:FinancialServicesMemberus-gaap:CommonStockMember2026-03-310002052153ck0002052153:ThgAcquisitionLLCMember2025-12-310002052153ck0002052153:ElectronicEquipmentInstrumentsAndComponentsMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:SaberParentHoldingsCorpMember2025-12-310002052153Machinery United Flow Technologies Uft Buyer LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.5% Floor Maturity Date 12/6/20322025-12-310002052153ck0002052153:LegendsHospitalityHoldingCompanyLLCMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMemberck0002052153:EverbridgeHoldingsLLCMember2025-12-310002052153ck0002052153:ProteinForPetsOpcoLLCMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:WirelessTelecommunicationServicesMember2026-03-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Term Loan One Interest Rate S+525, 0.75% Floor Maturity Date 1/31/20312026-03-310002052153ck0002052153:ParfumsHoldingCompanyIncMember2026-03-310002052153Pharmaceuticals Catalent Creek Parent, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 12/18/20312026-03-310002052153us-gaap:FairValueInputsLevel1Member2026-03-310002052153ck0002052153:EverbridgeHoldingsLLCMember2025-12-310002052153ck0002052153:PharmaceuticalsMember2026-03-310002052153us-gaap:MoneyMarketFundsMemberus-gaap:FairValueInputsLevel2Member2026-03-310002052153ck0002052153:TITANBWBORROWERLPMember2026-03-3100020521532025-01-230002052153ck0002052153:FirstLienSecuredDebtMember2025-12-310002052153Aerospace & Defense Triumph TITAN BW BORROWER L.P. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525 cash plus 2.88% PIK, 0.50% Floor Maturity Date 7/24/20322025-12-310002052153ck0002052153:AutomobileComponentsMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153Professional Services BDO USA BDO USA, P.A. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 2.00% Floor Maturity Date 8/31/20282025-12-310002052153Capital Markets Russell Russell Investments US Institutional Holdco Inc Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 2.00% Floor Maturity Date 12/29/20322026-03-310002052153Insurance Higginbotham HIG Intermediate, Inc. Investment Type Preferred Equity - Cumulative Preferred Maturity Date 12/10/21242026-03-310002052153ck0002052153:ElkBidcoIncMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TransportationInfrastructureMember2025-12-310002052153srt:MinimumMember2025-12-310002052153ck0002052153:AerospaceDefenseMember2026-03-310002052153us-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153ck0002052153:DeerfieldDakotaHoldingLLCMember2025-12-310002052153ck0002052153:InsuranceMember2025-12-310002052153Professional Services Legends Legends Hospitality Holding Company, LLC Investment Type First Lien Secured Debt – Term Loan Interest Rate S+275 Cash plus 2.75% PIK, 0.75% Maturity Date 8/22/20312025-12-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 9/2/20312026-03-310002052153ck0002052153:FinancialServicesMember2025-12-310002052153Software Redwood Runway Bidco, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.50% Floor Maturity Date 12/17/20312025-12-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 1/31/20312025-12-310002052153ck0002052153:SoftwareMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:EditionHoldingsIncMember2026-03-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Term Loan Interest Rate S+525, 0.75% Floor Maturity Date 1/31/20312026-03-310002052153srt:WeightedAverageMemberus-gaap:MeasurementInputDiscountRateMemberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMember2025-12-310002052153Insurance Hilb Group Thg Acquisition, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 10/31/20312025-12-310002052153ck0002052153:ThreeMonthsTokyoTermRiskFreeRateMember2026-03-310002052153Health Care Technology Advarra Advarra Holdings, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 9/15/20312025-12-310002052153ck0002052153:AutomobileComponentsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153us-gaap:MeasurementInputDiscountRateMembersrt:MinimumMemberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMember2025-12-310002052153us-gaap:FairValueInputsLevel2Memberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153us-gaap:MeasurementInputDiscountRateMemberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMembersrt:MaximumMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMember2026-03-310002052153Electronic Equipment, Instruments & Components Wolfspeed Wolfspeed Inc Investment Type First Lien Secured Debt - Corporate Bond Interest Rate 0.099 Maturity Date 6/23/20302025-12-310002052153Personal Care Products Suave Silk Holdings III Corp. Investment Type First Lien Secured Debt – Term Loan Interest Rate S+450, 0.50% Floor Maturity Date 12/3/20322026-03-310002052153Insurance Keystone Koala Investment Holdings, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+425, 0.75% Floor Maturity Date 8/29/20322026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:Safe-GuardMemberck0002052153:InsuranceMember2026-03-310002052153Professional Services BDO USA BDO USA, P.A. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 2.00% Floor Maturity Date 8/31/20282025-12-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:ValuationTechniqueTransactionalValueMemberus-gaap:MeasurementInputCostToSellMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153Financial Services Wealth Enhancement Group Wealth Enhancement Group, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+425, 1.00% Floor Maturity Date 10/2/20282026-03-310002052153ck0002052153:UftBuyerLLCMember2025-12-310002052153ck0002052153:ParfumsHoldingCompanyIncMemberck0002052153:PersonalCareProductsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:SpecialtyRetailMember2025-12-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 9/2/20312025-12-310002052153ck0002052153:CommercialServicesAndSuppliesMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:RRDonnelleyAndSonsCompanyMember2025-12-310002052153ck0002052153:ProfessionalServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:FeeRebatesFromAffiliatesRelatedToCapitalSolutionServicesMember2025-01-012025-03-310002052153ck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:ElectronicEquipmentInstrumentsAndComponentsMember2025-12-310002052153ck0002052153:EvergreenIXBorrower2023LLCMember2026-03-310002052153Transportation Infrastructure GSI Geotechnical Merger Sub, Inc. 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Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 10/15/20312025-12-310002052153Health Care Equipment & Supplies Zeus Zeus Company LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+550, 0.75% Floor Maturity Date 2/28/20312025-12-310002052153ck0002052153:WirelessTelecommunicationServicesMember2026-03-310002052153ck0002052153:DeerfieldDakotaHoldingLLCMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:LifeSciencesToolsAndServicesMember2025-12-310002052153ck0002052153:JEPPESENHOLDINGSLLCMember2025-12-310002052153ck0002052153:SpruceBidcoIIIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153ck0002052153:UftBuyerLLCMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMemberck0002052153:EvergreenIXBorrower2023LLCMember2025-12-310002052153Insurance ISC IRIS Specialty Acquisition LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.50% Floor Maturity Date 11/20/20322026-03-310002052153Media Gannett USA TODAY Co Inc (fka Gannett Co., Inc.) Investment Type First Lien Secured Debt - Delayed Draw Interest Rate 6% Maturity Date 12/1/20312025-12-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 1/31/20312026-03-310002052153srt:WeightedAverageMemberus-gaap:CommonStockMemberus-gaap:MeasurementInputDiscountRateMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153Professional Services Kroll Deerfield Dakota Holding, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312025-12-310002052153Software Alteryx Azurite Intermediate Holdings, Inc. 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Investment Type First Lien Secured Debt – Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 6/3/20322025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:FinancialServicesMember2026-03-310002052153Software Everbridge Everbridge Holdings, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 7/2/20312025-12-310002052153ck0002052153:ProfessionalServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:LegendsHospitalityHoldingCompanyLLCMember2025-12-310002052153us-gaap:FairValueInputsLevel2Member2025-12-310002052153us-gaap:FairValueInputsLevel3Memberus-gaap:CommonStockMember2026-01-012026-03-310002052153ck0002052153:WirelessTelecommunicationServicesMemberck0002052153:FirstLienSecuredDebtMember2025-12-3100020521532024-12-310002052153ck0002052153:CTTechnologiesIntermediateHoldingsMember2025-12-310002052153ck0002052153:CambrexCorpMemberck0002052153:LifeSciencesToolsAndServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:SoftwareMemberck0002052153:EvergreenIXBorrower2023LLCMember2026-03-310002052153Health Care Providers & Services Dental Corp Aryeh Bidco Investment Ltd. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 1/4/20332026-03-310002052153Personal Care Products Suave Silk Holdings III Corp. Investment Type First Lien Secured Debt – Revolver Interest Rate S+350, 0.50% Floor Maturity Date 12/3/20322025-12-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153ck0002052153:ArcwoodEnvironmentalIncMember2026-03-310002052153us-gaap:MeasurementInputDiscountRateMemberus-gaap:PreferredStockMemberck0002052153:ValuationTechniqueYieldAnalysisMembersrt:MaximumMember2026-03-310002052153Aerospace & Defense MRO Holdings MRO Holdings, Inc. 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Donnelley & Sons Company Investment Type First Lien Secured Debt - Term Loan Interest Rate S+475, 0.75% Floor Maturity Date 8/8/20292026-03-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:InsuranceMemberck0002052153:HilbGroupMember2025-12-310002052153Machinery United Flow Technologies Uft Buyer LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.5% Floor Maturity Date 12/6/20322025-12-310002052153ck0002052153:VictorsPurchaserLLCMember2025-12-310002052153Transportation Infrastructure Eagle Railcar Elk Bidco, Inc Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.50% Floor Maturity Date 6/14/20322026-03-310002052153ck0002052153:HealthCareProvidersAndServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Personal Care Products PDC Brands Parfums Holding Company, Inc. 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Investment Type First Lien Secured Debt - Revolver Interest Rate S+475, 0.75% Floor Maturity Date 1/30/20322025-12-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 9/2/2031 One2025-12-310002052153ck0002052153:KoalaInvestmentHoldingsIncMember2025-12-310002052153Professional Services Jensen Hughes Jensen Hughes, Inc Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312026-03-310002052153ck0002052153:AutomobileComponentsMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153ck0002052153:FirstLienSecuredDebtMemberck0002052153:MachineryMember2026-03-310002052153Commercial Services & Supplies Heritage Environmental Services Arcwood Environmental, Inc. (f/k/a Heritage Environmental Services, Inc.) 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Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+600, 0.75% Floor Maturity Date 3/19/20312026-03-310002052153Media Gannett Gannett Holdings, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 1.50% Floor Maturity Date 10/15/20292026-03-310002052153ck0002052153:ProfessionalServicesMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:JensenHughesIncMember2025-12-310002052153ck0002052153:ConsumerStaplesDistributionAndRetailMember2026-03-310002052153ck0002052153:HealthCareTechnologyMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:SoftwareMemberck0002052153:FirstLienSecuredDebtMember2026-03-310002052153ck0002052153:AutomobileComponentsMember2026-03-310002052153ck0002052153:AerospaceDefenseMemberck0002052153:FirstLienSecuredDebtMember2025-12-3100020521532026-03-310002052153Media Gannett Gannett Holdings, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+50, 1.50% Floor Maturity Date 10/15/20292025-12-310002052153Insurance Keystone Koala Investment Holdings, Inc. 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Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.50% Floor Maturity Date 7/24/20322025-12-310002052153Professional Services Kroll Deerfield Dakota Holding, LLC Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 0.75% Floor Maturity Date 9/1/20312025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 2/13/20322025-12-310002052153Insurance Higginbotham Higginbotham Insurance Agency, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 1.00% Floor Maturity Date 6/11/20312025-12-310002052153ck0002052153:HealthCareProvidersAndServicesMemberck0002052153:OneCallCorporationMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-310002052153Capital Markets Russell Russell Investments US Institutional Holdco Inc Investment Type First Lien Secured Debt - Term Loan Interest Rate S+625, 2.00% Floor Maturity Date 12/29/20322025-12-310002052153Health Care Providers & Services Tivity Health Tivity Health, Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 6/28/20292025-12-310002052153Insurance Higginbotham HIG Intermediate, Inc. 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Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+450, 0.75% Floor Maturity Date 8/29/20322026-03-310002052153ck0002052153:AVSCHoldingCorporationMember2025-12-310002052153ck0002052153:SoftwareMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:EditionHoldingsIncMember2025-12-310002052153ck0002052153:AdvarraHoldingsIncMember2026-03-310002052153ck0002052153:ConstructionAndEngineeringMemberck0002052153:FireFlowIntermediateCorporationMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-3100020521532026-03-202026-03-200002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:Safe-GuardMemberck0002052153:InsuranceMember2025-12-310002052153ck0002052153:UnfundedRevolverObligationsAndBackstopCommitmentsMember2026-03-310002052153us-gaap:CommonStockMembersrt:MinimumMemberus-gaap:MeasurementInputDiscountRateMemberck0002052153:ValuationTechniqueYieldAnalysisMember2026-03-310002052153Technology Hardware, Storage & Peripherals Valor VCI Intermediate Topco 1 LLC Investment Type Common Equity - Membership Interest2026-03-310002052153ck0002052153:GoldeneyeParentLLCMember2025-12-310002052153Media Gannett Gannett Holdings, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+50, 1.50% Floor Maturity Date 10/15/20292025-12-310002052153Personal Care Products PDC Brands Parfums Holding Company, Inc. Investment Type First Lien Secured Debt - Revolver Interest Rate S+500, 1.00% Floor Maturity Date 6/27/20292026-03-310002052153Software Redwood Runway Bidco, LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.50% Floor Maturity Date 12/17/20312026-03-310002052153ck0002052153:WirelessTelecommunicationServicesMember2025-12-310002052153Financial Services Service Logic Saber Parent Holdings Corp Investment Type First Lien Secured Debt - Revolver Interest Rate S+450, 0.00% Floor Maturity Date 12/16/20322025-12-310002052153ck0002052153:VCIAssetHoldingsOneLLCMemberus-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TechnologyHardwareStorageAndPeripheralsMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:ITServicesMember2025-12-310002052153Health Care Technology Datavant CT Technologies Intermediate Holdings (Topco), Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 9/2/2031 One2026-03-310002052153Health Care Equipment & Supplies Vantive Spruce Bidco II Inc. Investment Type First Lien Secured Debt - Term Loan Interest Rate T+500, 0.75% Floor Maturity Date 1/30/20322025-12-310002052153ck0002052153:BuildingProductsMember2026-03-310002052153Software Redwood Runway Bidco, LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.50% Floor Maturity Date 12/17/20312026-03-310002052153IT Services Vensure Vensure Employer Services, Inc. Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.50% Floor Maturity Date 9/27/20312025-12-310002052153Software Everbridge Everbridge Holdings, LLC Investment Type First Lien Secured Debt – Revolver Interest Rate S+500, 0.75% Floor Maturity Date 7/2/20312026-03-310002052153ck0002052153:SoftwareMember2025-12-310002052153us-gaap:InvestmentUnaffiliatedIssuerMemberck0002052153:TransportationInfrastructureMember2025-12-310002052153ck0002052153:CommunicationsEquipmentMemberus-gaap:InvestmentUnaffiliatedIssuerMember2025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+475, 0.75% Floor Maturity Date 2/13/2032 One2026-03-310002052153ck0002052153:HigginbothamInsuranceAgencyIncMember2025-12-310002052153us-gaap:FairValueInputsLevel3Memberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153Automobile Components Clarience Technologies Truck-Lite Co., LLC Investment Type First Lien Secured Debt - Delayed Draw Interest Rate S+500, 0.75% Floor Maturity Date 2/13/20322025-12-310002052153Insurance ISC IRIS Specialty Acquisition LLC Investment Type First Lien Secured Debt - Term Loan Interest Rate S+450, 0.75% Floor Maturity Date 11/20/20322025-12-310002052153Commercial Services & Supplies Encore AVSC Holding Corp. Investment Type First Lien Secured Debt - Term Loan Interest Rate S+500, 0.75% Floor Maturity Date 12/5/20312025-12-310002052153ck0002052153:ConstructionAndEngineeringMemberck0002052153:FirstLienSecuredDebtMember2025-12-310002052153ck0002052153:LifeSciencesToolsAndServicesMemberck0002052153:CuriaGlobalIncMemberus-gaap:InvestmentUnaffiliatedIssuerMember2026-03-31iso4217:USDxbrli:sharesxbrli:pureiso4217:JPYck0002052153:Segmentxbrli:sharesiso4217:CADiso4217:USD\n\n \n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWASHINGTON, DC 20549\n\n \n\nFORM 10-Q\n\n \n\n☒\n\nQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarterly period ended March 31, 2026\n\nOR\n\n \n\n☐\n\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the transition period from ___________ to ______________\n\nCommission File Number: 000-56723\n\n \n\nApollo Origination II (UL) Capital Trust\n\n(Exact Name of Registrant as Specified in its Charter)\n\n \n\n \n\nDelaware\n\n36-6481177\n\n( State or other jurisdiction of\n\nincorporation or organization)\n\n(I.R.S. Employer\nIdentification No.)\n\n9 West 57 Street\n\nNew York, NY\n\n10019\n\n(Address of principal executive offices)\n\n(Zip Code)\n\n \n\nRegistrant’s telephone number, including area code: (212) 515-3200\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n\n \n\nTrading Symbol(s)\n\n \n\nName of each exchange on which registered\n\n \n\nNone\n\n \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, smaller reporting company, or an emerging growth company. See the 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\nNon-accelerated filer\n\n☒\n\nSmaller reporting company\n\n☐\n\nEmerging growth company\n\n \n\n☒\n\n \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\nAs of May 13, 2026, the registrant had 26,922,322 common shares of beneficial interest, $0.001 par value per share, outstanding.\n\n \n\nsha\n\n \n\n[Table of Contents](#toc_page)\n\n \n\nApollo Origination II (UL) Capital Trust\n\n \n\nTable of Contents\n\n \n\n \n\n \n\nPage\n\n \n\n \n\n \n\nPART I. FINANCIAL INFORMATION"}