The investment seeks to generate current income and, to a lesser extent, long-term capital appreciation. Under normal circumstances and after the managers ramp up the fund's portfolio, the managers expect that the managers will invest at least 60% of the fund's total assets (net assets plus borrowings for investment purposes) in first lien, senior secured loans of private middle-market U.S. companies. The management expect to also invest up to 30% of the fund's total assets (net assets plus borrowings for investment purposes) in ABF Investments and, to a lesser extent, in subordinated loans of private U.S. companies. The fund is non-diversified.