Experienced Senior Team Overview
Our Experience Enabled Us To Act Quickly in March
Our strategy is focused on minimizing volatility and
protecting the downside and thus is conservatively
positioned
98% first liens
No exposure to retail, restaurants or traditional travel
industries
100% sponsor-backed transactions
■
We believe our investment approach allowed us to
start from a position of strength
■ Covenants in 100% of our transactions
Average closing LTV of 46%
Our team enacted its historical playbook, utilizing our
experienced distressed management resources and
network of relevant personnel
I
AG
Five senior professionals bolt-on to our deal teams
Roster of consultants and turnaround officers to
engage on a case-by-case basis
■
r
Borrower discussions/analysis
Weekly and bi-weekly with management teams
13 week cash flow reports
30 day, 90 days and 6 month sensitivity analysis of
Borrower's forecast
Review of operational actions at the Borrower level
(furloughs, cost reduction activities, working capital
management)
Cares Act / Stimulus eligibility
Twin Brook Enhanced Portfolio Management Actions
Implemented in March
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Private Equity interaction
Weekly and bi-weekly discussions regarding underlying
Borrowers and Industry/Sector specific observations
Discussions of operational support and capital support
as needed
Proprietary and Confidential Trade Secret
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