The PPM states the objective is current income and, to a lesser extent, long-term capital appreciation. The Fund invests at least 80% of total assets in private credit through a Lending Strategy (direct loans to U.S. and international private companies, bank loans, loan notes, CLOs) and a Specialty Credit Strategy (real estate and infrastructure debt, asset-based and other lending, non-performing loans). It uses a multi-lender approach, co-investing in loans sourced by third-party lenders, and may hold Investment Funds and up to 20% equity. At June 30, 2026 all investments were senior secured loans.