What is the term of the Fund? When can investors redeem?

The Strategic Credit Fund is open-ended and evergreen, meaning it is open to investors and makes new investments in perpetuity.

The Fund intends to make quarterly redemption offers on a best-efforts basis by which up to a maximum of 5% of the Fund’s net asset value (NAV) may be redeemed by participating investors on a pro-rata basis each quarter. Each investor is subject to a 12-month initial lock-up period beginning on the date of their contribution. Investors who redeem after being in the Fund for 12 to 24 months will be subject to redemption at the prevailing NAV of their account, subject to a 5% penalty. Investors who redeem after being in the Fund for at least 24 months will not be subject to a redemption penalty.