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INVESTMENTS
12 Months Ended
Dec. 31, 2023
Schedule of Investments [Abstract]  
INVESTMENTS INVESTMENTS
The composition of the Company’s investment portfolio at cost and fair value was as follows:
December 31, 2023December 31, 2022
CostFair Value% of Total Investments at Fair ValueCostFair Value% of Total Investments at Fair Value
First Lien Debt$3,027,413 $3,004,544 94.1 %$2,753,620 $2,694,111 93.8 %
Second Lien Debt146,014 132,415 4.1 136,620 128,350 4.5 
Other Investments53,349 56,602 1.8 49,406 51,127 1.7 
Total$3,226,776 $3,193,561 100.0 %$2,939,646 $2,873,588 100.0 %
The industry composition of investments at fair value was as follows:
December 31, 2023
December 31, 2022(1)
Aerospace & Defense2.2 %1.8 %
Air Freight & Logistics1.1 1.1 
Automobile Components3.5 3.8 
Automobiles4.7 5.1 
Biotechnology0.5 0.5 
Chemicals0.6 0.6 
Commercial Services & Supplies9.6 11.2 
Construction & Engineering1.5 1.3 
Containers & Packaging1.4 1.6 
Distributors2.9 4.2 
Diversified Consumer Services2.5 3.0 
Electronic Equipment, Instruments & Components2.1 1.0 
Energy Equipment & Services0.5 0.5 
Financial Services1.9 0.7 
Food Products2.3 2.5 
Health Care Equipment & Supplies0.7 0.3 
Health Care Providers & Services4.6 3.4 
Health Care Technology1.9 0.7 
Industrial Conglomerates1.3 0.2 
Insurance Services14.9 15.7 
Interactive Media & Services3.2 3.5 
IT Services8.7 9.6 
Leisure Products0.7 0.8 
Machinery2.1 3.0 
Multi-Utilities0.7 0.6 
Oil, Gas & Consumable Fuels— 0.0 (2)
Pharmaceuticals0.4 0.4 
Professional Services3.8 3.2 
Real Estate Management & Development5.3 5.4 
Software14.2 14.3 
Wireless Telecommunication Services0.2 — 
Total100.0 %100.0 %
(1) The Company reclassified certain industry groupings of its portfolio companies presented in the consolidated financial statements as of December 31, 2022 to align with the recently updated GICS, where applicable. These reclassifications had no impact on the Consolidated Statement of Assets and Liabilities as of December 31, 2022.
(2) Amount rounds to 0.0%.
The geographic composition of investments at cost and fair value was as follows:
December 31, 2023December 31, 2022
CostFair Value% of Total
Investments at
Fair Value
CostFair Value% of Total
Investments at
Fair Value
Australia$16,985 $17,048 0.5 %$10,187 $9,870 0.3 %
Canada98,674 98,387 3.1 108,820 105,764 3.7 
United Kingdom12,398 12,629 0.4 11,157 11,157 0.4 
United States3,098,719 3,065,497 96.0 2,809,482 2,746,797 95.6 
Total$3,226,776 $3,193,561 100.0 %$2,939,646 $2,873,588 100.0 %