The investment seeks to target middle market private companies underserved by traditional capital sources; concentrate capital in secured term loans to generate current income with strong downside protection; and capture origination fees and other fee income to increase the total return. The manager invests primarily in privately held companies. There is generally little public information about these companies, and, as a result, the managers must rely on the ability of the Investment Adviser to obtain adequate information to evaluate the potential returns from, and risks related to, investing in these companies. The fund is non-diversified.