About THL CREDIT INC COM USD0.001
THL Credit, Inc. is a non-diversified, closed-end management investment company. It operates as a business development company. The Company�s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity se...
THL Credit, Inc. is a non-diversified, closed-end management investment company. It operates as a business development company. The Company�s investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. The Company is a direct lender to middle market companies and invest in subordinated, or mezzanine, debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock or other similar securities. It defines middle market companies to mean both public and privately held companies with annual revenues of between $25 million and $500 million. The Company will be managed by its investment advisor and administrator, THL Credit Advisors LLC. On June 29, 2012, THL Credit Senior Loan Strategies LLC, a subsidiary of THL Credit Advisors, acquired McDonnell Investment Management�s Alternative Credit Strategies group.
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