The prospectus states the Fund seeks current income and, to a lesser extent, long-term capital appreciation. It invests at least 80% of total assets in private credit, predominantly first lien senior secured and unitranche loans to U.S. private companies, plus second lien, subordinated and structured credit, broadly syndicated loans and some equity. Loans are generally floating rate. It uses leverage and may hedge with derivatives. Illiquid assets are paired with a liquid credit sleeve to support repurchases.