Overview
AGL Credit Management LLC ("AGL" or the "Adviser") was organized as a limited partnership under the laws of Delaware
in 2018 and converted to a Delaware limited liability company on April 2, 2024. AGL is an asset management firm that seeks
to provide investment advisory services to investment vehicles (the "Funds"), which can be single investor vehicles or pooled
investment vehicles and may in the future also advise managed accounts (the "Managed Accounts" and, collectively with
the Funds, "Clients"). The Adviser also manages collateralized loan obligations ("CLOs").
The Adviser advises Funds that invest in senior secured loans. Certain Funds aggregate investments in senior secured
loans to form CLOs and to invest in the CLO equity of the CLOs so created. Other Funds aggregate investments in senior
secured loans with specific investment objectives in accordance with the Governing Documents (as defined below). The
Adviser also serves as investment manager for various CLOs, including CLOs in which the Funds invest.
The Funds and the CLOs themselves are clients of the Adviser, as opposed to the underlying investors ("Investors") in the
Funds who are commonly referred to as "Limited Partners" in comparison to the General Partner (or Managing Member) of
the Funds or the investors
in the bonds issued by the CLOs. Investors in the Funds or the CLOs, however, must satisfy
certain requirements (e.g., qualified purchaser status) to be participants in the Funds or the CLOs. The advisory services
provided by AGL are not tailored to the Investors in the Funds or CLOs and Investors are not permitted to impose restrictions
on investing in certain securities or types of securities. Accordingly, Investors should consider carefully the investment
objectives, risk tolerance and liquidity of any Fund prior to investing.
AGL is primarily owned by a wholly owned subsidiary of the Abu Dhabi Investment Authority (or "ADIA"), Peter Gleysteen,
who serves AGL as both Chief Executive Officer ("CEO") and Chief Investment Officer ("CIO"), and a significant number of
AGL's employees who also maintain an ownership stake in the Adviser through its management companies, AGL Holdings
LLC and AGL GP Holdco LLC.
As of December 31, 2023, AGL had regulatory assets under management of approximately $14.4 billion, all of which is
managed by the Firm on a discretionary basis. Mr. Gleysteen retains ultimate responsibility for the investment activities of
the Funds and the CLOs and any Managed Accounts, as well as for the Adviser's research strategy and firm management.