The Fund is predominately a long-only strategy designed to provide investors with attractive risk-adjusted returns while maintaining a focus on the preservation of capital. The Fund seeks to achieve its investment objective primarily by purchasing exposure to senior secured first-lien leveraged loans. The Fund may also invest in stressed or distressed bank debt, but will primarily be focused on the senior part of the capital structure. The Fund may have both long and short positions, though it will focus primarily on long positions and therefore will typically have a significant net long exposure to the market for syndicated leveraged loans and other debt obligations for leveraged companies. The Fund may use leverage in amounts the Investment Manager deems prudent. AUM is not disclosed.