The Company's investment objective is to provide Shareholders with a combination of a high level of income and capital growth over time, whilst preserving capital. The Company will invest in senior secured loans of private equity backed European mid-market companies. These loans may include amortising debt as well as term debt and other forms of credit facility (e.g. loans drawn over time and repaid over the life of the loan or at maturity). All of the loans in which the Company will invest will be in the senior secured tier of an investee company's debt capital structure. The Company intends both to purchase loans on a secondary basis, generally at a discount to their par value, from motivated or distressed sellers and to invest in primary loans. The Company will not buy distressed loans.