BDC Facts & Stats | 41 Areas of Focus Plans for IPO, liquidation, or liquidity event14 vest directly in originated secured debt, including rst lien, unitranche, including last-out portions of uch loans, and second lien debt, and unsecured debt Plan to liquidate within 5 years vest primarily in: (i) senior secured and junior ecured and unsecured loans, notes, bonds, referred equity (including preferred partnership quity), convertible debt and other securities; (ii) nitranche secured loans (a combination of senior ecured and junior secured debt in the same facility which we syndicate a “first out” portion of the loan o an investor and retain a “last out” portion of the an) and securities; (iii) asset-based loans and ecurities; (iv) small business loans and leases; (v) ructured debt and structured equity; (vi) syndicated ans; (vii) securitized debt and subordinated notes of ollateralized loan obligations (“CLO”) facilities, asset- acked securities and other securitized products and arehouse loan facilities (“Securitized Products”); viii) opportunities to acquire illiquid investments om other third-party funds as a result of liquidity onstraints resulting from investor redemptions and market dislocations; and (ix) capital investments in he secondary markets No vest primarily in originating and making loans to, nd making debt and equity investments in, U.S. middle-market companies, predominantly stitutionally-backed upper middle-market usinesses generating greater than $50 million of BITDA annually; invest in senior secured or nsecured loans, subordinated loans or mezzanine ans, broadly syndicated loans and, to a lesser xtent, equity and equity-related securities including arrants, preferred stock, and similar forms of senior quity No, planned merger with Blue Owl Capital Corporation (public BDC) called off in November 2025 vest primarily in primary-issue middle-market credit pportunities that are directly sourced and privately egotiated No
View this content as a flipbook by clicking here.