Trimaran Advisors ("Trimaran") and Katonah Debt Advisors ("KDA") (collectively, the Firm) are registered investment advisors under the Investment Advisers Acts of 1940 that focus on credit-based, alternative investments. The Firm typically invests through "Collateralized Loan Obligation" or "CLO" private funds and other structured credit funds for which it serves as the asset manager.
Trimaran and KDA each comply with investment restrictions and guidelines that are included in the governing documents and/or in the offering documents of their respective private fund clients. These guidelines identify the investment objective and strategy or strategies employed, types of permitted investments and related restrictions for each fund.
Trimaran and KDA are wholly owned portfolio companies of KCAP Financial, Inc. (Nasdaq: KCAP), a publicly traded, internally managed business development corporation (BDC) that was organized in December 2006 to augment the middle market lending and asset management business of KDA. KCAP generates current income and capital appreciation from investments in senior secured first and second lien term loans, mezzanine debt and select equity investments in privately-held, middle market companies.
KCAP Financial, Inc. (NASDAQ: KCAP) ("KCAP") is a publicly traded, internally managed business development company. KCAP generates current income and capital appreciation from investments in senior secured first and second lien term loans, mezzanine debt and selected equity investments in privately-held middle-market companies. KCAP also invests in debt and equity securities issued by CLO Funds managed by asset managers, including Trimaran and KDA.
To learn more about Trimaran or KCAP, contact us to request additional information.