Financial Highlights (Details) - USD ($)

3 Months Ended

6 Months Ended

Jun. 30, 2025

Jun. 30, 2024

Jun. 30, 2025

Jun. 30, 2024

Investment Company [Abstract]

Net asset value, beginning of period

$ 31.13

$ 27.3

$ 29.83

^[1]

$ 26.42

Net investment income (loss)

^[2]

0.39

0.09

Net realized and unrealized gain (loss)

^[2]

3.88

2.09

Net increase (decrease) in net assets resulting from operations

4.27

2.18

Distributions paid (declared) to shareholders

(0.02)

Incentive Allocation attributable to the Investment Adviser

^[2]

(0.92)

Net increase (decrease) in net assets attributable to common shareholders

3.33

2.18

Net asset value, end of period

$ 33.16

^[1]

$ 28.6

$ 33.16

^[1]

$ 28.6

Number of Shares outstanding at end of period

3,662,571

2,727,714

3,662,571

2,727,714

Total return before Incentive Fee and Incentive Allocation

^[3],[4]

14.31%

9.84%

Total return before Incentive Fee and Incentive Allocation

^[3],[4]

11.16%

8.26%

Net assets, end of period

^[3],[5]

$ 121,441,778

$ 78,010,432

$ 121,441,778

$ 78,010,432

Percentage of total investment income

^[3],[5]

2.53%

3.69%

Ratio of total expenses to average net assets

^[3],[5]

0.47%

2.12%

Ratio of total expenses, excluding incentive fees

^[3],[5]

2.95%

3.38%

Total expenses after Incentive Fee and Incentive Allocation

^[3],[5]

5.95%

4.95%

Portfolio turnover

^[6]

0.00%

[1]	Calculated using net assets attributable to common shareholders
[2]	Calculated based on weighted average shares outstanding during the period.
[3]	As of January 1, 2025, the Investment Advisory Agreement was amended to re-characterize the Incentive Fee to an Incentive Allocation. As such, for the six months ended June 30, 2025, the ratio presented is before and after the Incentive Allocation and for the six months ended June 30, 2024, the ratio presented is before and after the Incentive Fee.
[4]	Total return is not annualized and represents the total return for the six months ended June 30, 2025 and 2024 before and after the Incentive Fee/Allocation. Total return displayed is net of all fees, including all operating expenses such as management fees and general and administrative expenses. Total return after Incentive Fee/Allocation is calculated as the change in net asset value (“NAV”) per Share attributable to common shareholders divided by the beginning NAV per Share attributable to common shareholders (which for the purposes of this calculation is equal to the net offering price in effect at that time).
[5]	The ratio reflects an annualized amount, except in the case of non-recurring expenses (i.e., incentive fee/ incentive allocation)
[6]	No investments were sold during the period.

BIP Ventures Evergreen BDC 10-Q