Strong Net Investment Income
Generated net investment income of $0.48 per share and net income of $0.50 per share during the fourth quarter.
Increased Commitments and Fundings
Made $231 million of total commitments across 16 businesses, with $175 million funded, showing growth from the previous year.
Robust Portfolio Growth
Closed or in final process of closing $200 million of fundings since December 31, 2024, marking a strong start to 2025.
High Portfolio Quality
Portfolio has a weighted average yield of approximately 10.6% and only 1.3% of total debt investments at fair value on non-accrual.
Market Activity Recovery
Middle market sponsor loan volumes were up 86% versus fiscal year 2023, indicating a rebound in market activity.