THL Credit, Inc. (NASDAQ: TCRD) is an externally managed investment company that has elected to be treated as a business development company, or BDC, under the Investment Company Act of 1940 and as a regulated investment company, or RIC. As a direct lender, TCRD provides debt (first and second lien secured loans, including unitranche investments, and mezzanine) and non-control equity (preferred and common stock, including warrants) financings to middle market private equity sponsors and companies. Since April 2010, after we completed our initial public offering and commenced principal operations, we have been responsible for making, on behalf of ourselves, managed funds and separately managed account, over $2.2 billion in aggregate commitments into 115 separate portfolio companies or investment vehicles through a combination of both initial and follow-on investments.
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