These figures were released on a preliminary basis in order to facilitate communication with investors surrounding the proposed seniorsecuredloan financing transaction.
In seeking to achieve its investment objective, the Fund will invest in seniorsecured loans, high yield corporate bonds and investment grade-rated collateralized loan obligations.
During the first quarter, managers began to report that they were finding it easier to get traction when touting the leveraged loan product, as end-investors seeking yield are increasingly drawn to seniorsecured debt.