The investment seeks to acquire and grow durable, middle-market U.S. businesses. The advisor refer to the strategy of owning both the debt and equity of the fund's target private companies as a “private capital” strategy. The advisor intend to target businesses that are highly cash flow generative, with annual revenues primarily between $15 million and $250 million and whose management teams seek an ownership stake in the company. Its business strategy is to acquire controlling equity interests in combination with debt positions and in doing so, provide long-term capital appreciation and current income while protecting invested capital.