The 10-K states the Fund is a specialty finance company focused on senior secured loans to private U.S. middle market companies. Its objective is stable income generation with attractive risk-adjusted returns from U.S. middle market lending and specialty asset based financings. It defines the middle market as EBITDA of $50 million to $200 million and/or enterprise value of $150 million to $2 billion. The Fund invests primarily in floating rate first lien loans, often as sole or lead lender, and may also hold second lien, mezzanine and unsecured debt, equity, structured credit and derivatives. It uses leverage, including a consolidated CLO, under a 150% asset coverage limit.