Makes loans and equity investments in U.S. technology-related companies, especially software businesses.
10-K for FY2025, filed Feb 18, 2026
Earns interest from debt investments and dividends from equity investments. Some interest and dividends are added to the investment balance instead of paid in cash, generally becoming due at maturity or liquidation.
10-K for FY2025, filed Feb 18, 2026
$1.3M
10-K for FY2025, filed Feb 18, 2026
$1.3M ↗
Lends to technology-related companies, especially established enterprise software businesses, typically backed by institutional investors. It expects to source most investments directly rather than through investment banks or other intermediaries.
10-K for FY2025, filed Feb 18, 2026We intend to invest at least 80% of the value of our total assets in “technology-related” companies. We define technology-related companies…View ↗
We are externally managed by the Adviser, which is a registered investment adviser with the SEC. The Adviser is an indirect affiliate of…View ↗
Distinctive Origination Platform — We anticipate that a substantial majority of our investments will be sourced directly and that our…View ↗
Yes. Its net income in FY2025 was larger than its revenue.
10-K for FY2025, filed Feb 18, 2026
$720.4MView ↗
Shrinking. Revenue fell 99% in 4 years, from $152.8M in FY2021 to $1.3M in FY2025, about 69% a year.
Enterprise software focus
The earlier report described investing broadly across technology-related companies; the latest emphasizes large, established enterprise software businesses, including application, systems and infrastructure, and fintech and payments software.
10-K for FY2022, filed Mar 8, 2023 10-K for FY2025, filed Feb 18, 2026We invest in a broad range of established and high growth technology related companies that are capitalizing on the large and growing…View ↗
We intend to invest at least 80% of the value of our total assets in “technology-related” companies. We define technology-related companies…View ↗
Competes with Blue Owl Technology Income
10-K for FY2025, filed Feb 18, 2026We believe that there is currently an opportunity for us to be a “first mover” as a specialized debt financing provider in the technology…View ↗
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