The investment seeks to generate current income and, to a lesser extent, long-term capital appreciation. The fund invests primarily in private credit opportunities in directly originated assets, including loans and other debt securities, made to or issued by large private U.S. borrowers, which the managers generally define as companies with more than $75 million in EBITDA, as may be adjusted for market disruptions, mergers and acquisitions-related charges and synergies, and other items. The fund is non-diversified.