About THL Credit

THL Credit is an alternative credit investment manager for both direct lending and tradable credit investments through public and private vehicles, commingled funds including collateralized loan obligations, and separately managed accounts. THL Credit manages assets of $4.7 billion(1) across its two primary investment platforms: Direct Lending and Tradable Credit.

THL Credit benefits from a scaled and integrated business that draws on a diverse resource base and the credit and industry expertise of the entire platform. Fundamental credit analysis, rigorous and disciplined underwriting, well-structured investments and ongoing monitoring are the hallmarks of its credit culture.

THL Credit’s Direct Lending platform invests in first and second lien loans, including unitranche investments, as well as subordinated debt, which may include an associated equity component such as warrants, preferred stock or other similar securities. Investments are made through THL Credit, Inc. (NASDAQ: TCRD) (“TCRD”), a publicly traded business development company (BDC), and TCRD’s private funds and a related separate account.

THL Credit’s Tradable Credit platform manages investments in secured bank loans, structured credit and high-yield securities through collateralized loan obligations (CLOs), separate accounts, sub-advisory and various fund formats, including THL Credit Senior Loan Fund (NYSE: TSLF) (“TSLF”), a non-diversified, closed-end management investment company.

THL Credit is headquartered in Boston, with additional investment teams in Chicago, Houston, Los Angeles and New York, allowing it to be close to its portfolio companies as well as its origination and syndication sources. Over the years, THL Credit has developed deep and diverse national relationships that it leverages to maximize investment opportunities across its platforms.

THL Credit is the credit affiliate of the Boston-based private equity firm Thomas H. Lee Partners L.P. (“THL Partners”). Founded in 1974, THL Partners focuses on identifying and obtaining substantial ownership positions in growth-oriented companies where it can add managerial and strategic expertise to create value for its partners. As one of the oldest and most experienced private equity firms, THL Partners has raised approximately $20 billion of equity capital and invested in more than 100 businesses with an aggregate purchase price of more than $150 billion. THL Partners seeks to build companies of lasting value while generating strong returns.

Includes (i) total assets of THL Credit, Inc. as of September 30, 2014, (ii) total assets of THL Credit Greenway Fund LLC and THL Credit Greenway Fund II LLC and related separate account, which are managed by THL Credit, Inc., as of September 30, 2014, (iii) total assets of THL Credit Senior Loan Fund as of September 30, 2014 and (iv) the assets under management of collateralized loan obligations (CLOs), separate accounts and various fund formats managed by the investment professionals of THL Credit Senior Loan Strategies LLC, the consolidated subsidiary of THL Credit Advisors LLC, as of September 30, 2014. Not a guarantee of future AUM, platform size or composition.
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