Overview
Company Details
Business Overview
Senior secured loan for medical device manufacturer to fund new product line development and FDA approval process.
Loan Details
Loan Terms
Performance Metrics
Updates
New acquisition
Jan 5, 2024
Senior secured loan for medical device manufacturer to fund new product line development and FDA approval process.
Portfolio update: New preferred equity investment in the San Diego, CA metro area
View update
Asset type
Corporate Loan
Corporate loans provide direct lending to established businesses seeking capital for growth, operations, or strategic initiatives. These senior secured loans typically offer predictable returns through regular interest payments and are backed by business assets and cash flows. Corporate credit focuses on companies with proven business models and experienced management teams.
Our strategy
Corporate Credit Strategy
Provide senior secured lending to established businesses with proven cash flows and strong management teams
- Expected variability of return: Low
- Timing of expected return: Regular monthly interest and principal payments
- Primary expected source of returns: Interest income and origination fees
- Security: Senior lien on business assets and cash flows
- Typical loan terms: 3-7 years with amortization
This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.
Associated fund
Corporate Credit Fund
Focused on providing credit solutions to middle-market companies with strong fundamentals and growth potential.