Experienced Senior Team Overview slide image

Experienced Senior Team Overview

r ▪ Deal flow has resumed post a severe slowdown immediately post-COVID Opportunities to deploy capital have continued to ramp into the fourth quarter driven by both the increasing quantity and quality of new transactions as well as add-on acquisition activity The Landscape for Fund IV Remains Compelling ▪ Inbounds from private equity sponsors new to the firm, as well as investment banks launching new sale processes, have increased given our reputation as a reliable lender, our current market share and the health of our existing portfolio ▪ We believe the competitive landscape is more favorable today ▪ We expect reduced competition going forward with numerous competitors struggling with existing portfolios and limited access to incremental capital ▪ We also anticipate that sponsors may look to further concentrate their lender relationships with those who engaged with them productively and in a relationship-oriented fashion since March ▪ We also believe that our sponsors may emphasize those lenders who can navigate the current environment and hit their desired timeline at the desired terms as opposed to negotiating economics to the lowest common denominator ■ All of our transactions have LIBOR floors of at least 1.00% (1) There is no guarantee that suitable investment opportunities will be soured for the Fund. (1) Subject to market conditions, not an investment restriction. AG Page 099 Proprietary and Confidential Trade Secret 20
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