The Fund’s objective is to generate current income, capital preservation, and to a lesser extent long-term capital appreciation. We seek to achieve this by investing in directly-originated senior secured loans, primarily to US middle-market companies and selectively to larger companies with a focus on less-cyclical businesses with sustainable competitive advantages.
Overview
Our Approach
Expertise: Leader in Credit
A fully integrated investment platform allowing for complete coverage of the private and public credit markets.
Access: Broad Origination Network
Specialized coverage focused on specific subsets of middle market segments and larger issuers aim to maximize deal flow.
Flexibility: Expanded Opportunity Set
Deal flow from various sources creates opportunity to identify what we believe to be the most attractive risk-return across markets.
Additional Resources
Meet the Board
The Fund’s business and affairs are managed under the direction of the Board of Trustees, which consists of five members, three of whom are Independent Trustees.
Important Information
Past performance is not a guarantee or reliable indicator of future results. All information provided is as of the dates referenced herein, unless otherwise noted, and is subject to change. The information presented herein should be read in conjunction with the Fund’s Quarterly and Annual Reports and other filings with the Securities and Exchange Commission (the “SEC”), which are accessible on the SEC’s website at www.sec.gov. The information provided on this site is qualified in its entirety by the information set forth therein and is solely for informational and educational purposes only.
The annualized distribution yields of the Fund are not indicative of the Fund’s current or future performance results. The annualized distribution yield is calculated by dividing the declared distribution by the weighted average net asset value at the beginning of the quarter and any capital transactions during the quarter, annualized over four quarterly periods. The Fund’s distribution rate can be influenced by many factors, including changes in realized and projected market returns. There's no assurance that market conditions or other factors won’t impact the Fund’s distirbution rate in the future. Access by the Fund to certain information with its affiliates may be restricted due to factors such as third-party confidentiality obligations and information barriers established by its adviser to manage potential conflicts of interest and regulatory restrictions, including joint transaction restrictions under the Investment Company Act of 1940, as amended, and internal policies and procedures.
Alternative investments are often speculative, usually have higher fees than traditional investments, involve high risk, and are suitable only for eligible long-term investors willing to forgo liquidity and put capital at risk for an indefinite period. They can be highly illiquid and may engage in leverage and other speculative practices, increasing volatility and risk of loss.