Investment in new BDC launched by Andalusian Private Capital

On February 23, 2023, GVIM affiliates committed capital to Andalusian Credit Company (“ACC”), a new business development company sponsored by Andalusian Private Capital, a private equity firm based in Short Hills, NJ. The platform’s leadership includes senior executives from Appaloosa, Apollo, MSD, BlackRock, TIAA, OneWest, the U.S. Federal Reserve and the Office of the Comptroller of the Currency. The firm’s strategy is to provide an alternative non-bank solution for senior secured loans to non-sponsor and sponsor-backed borrowers in the U.S. middle market. ACC formally launched in July 2023.