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INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2024
Schedule of Investments [Abstract]  
Schedule of Investments
The composition of the Company’s investment portfolio at cost and fair value was as follows:
June 30, 2024
December 31, 2023(1)
CostFair Value% of Total Investments at Fair ValueCostFair Value% of Total Investments at Fair Value
First Lien Debt$3,356,586 $3,345,743 95.3 %$3,027,413 $3,004,544 94.1 %
Second Lien Debt122,416 103,144 2.9 146,014 132,415 4.1 
Other Debt Investments9,298 8,467 0.2 3,410 2,064 0.1 
Equity53,735 56,932 1.6 49,939 54,538 1.7 
Total$3,542,035 $3,514,286 100.0 %$3,226,776 $3,193,561 100.0 %
(1) The Company reclassified certain investment composition groupings by breaking out Other Securities into Other Debt Investments and Equity. These reclassifications had no impact on the Consolidated Statement of Assets and Liabilities as of December 31, 2023.
The industry composition of investments at fair value was as follows:
June 30, 2024December 31, 2023
Aerospace & Defense2.3 %2.2 %
Air Freight & Logistics0.5 1.1 
Automobile Components3.2 3.5 
Automobiles3.1 4.7 
Biotechnology0.8 0.5 
Building Products0.4 — 
Chemicals0.6 0.6 
Commercial Services & Supplies9.2 9.6 
Construction & Engineering1.7 1.5 
Consumer Staples Distribution & Retail0.6 — 
Containers & Packaging1.3 1.4 
Distributors2.6 2.9 
Diversified Consumer Services4.7 2.5 
Electronic Equipment, Instruments & Components1.9 2.1 
Energy Equipment & Services0.4 0.5 
Financial Services2.2 1.9 
Food Products2.2 2.3 
Ground Transportation0.6 — 
Health Care Equipment & Supplies0.6 0.7 
Health Care Providers & Services4.3 4.6 
Health Care Technology1.7 1.9 
Industrial Conglomerates1.3 1.3 
Insurance Services14.3 14.9 
Interactive Media & Services2.9 3.2 
IT Services9.0 8.7 
Leisure Products0.5 0.7 
Life Sciences Tools & Services0.4 — 
Machinery2.1 2.1 
Multi-Utilities0.8 0.7 
Pharmaceuticals0.3 0.4 
Professional Services3.7 3.8 
Real Estate Management & Development3.9 5.3 
Software15.7 14.2 
Wireless Telecommunication Services0.2 0.2 
Total100.0 %100.0 %

The geographic composition of investments at cost and fair value was as follows:
June 30, 2024December 31, 2023
CostFair Value% of Total
Investments at
Fair Value
CostFair Value% of Total
Investments at
Fair Value
Australia$16,970 $17,219 0.5 %$16,985 $17,048 0.5 %
Canada150,077 151,102 4.3 98,674 98,387 3.1 
United Kingdom11,713 11,311 0.3 12,398 12,629 0.4 
United States3,363,275 3,334,654 94.9 3,098,719 3,065,497 96.0 
Total$3,542,035 $3,514,286 100.0 %$3,226,776 $3,193,561 100.0 %