The Board of TCG BDC, Inc. announced that Mark Jenkins, Head of Carlyle Global Credit since 2016 and existing member of the Company's Investment Committee, was recently appointed to the Board of Directors effective April 17, 2020. Mr. Jenkins will replace Eliot Merrill, a Managing Director of Carlyle, who has served on the Company's board since January 2013.
Carlyle Secured Lending, Inc. is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. The Companyâs investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through assembling a portfolio of secured debt investments in United States middle market companies. The Company seeks to achieve its investment objective primarily through direct origination of secured debt instruments, including first lien senior secured loans (which may include stand-alone first lien loans, first lien/last out loans and unitranche loans) and second lien senior secured loans (collectively, Middle Market Senior Loans), with a minority of its assets invested in higher yielding investments (which may include unsecured debt, subordinated debt and investments in equities and structured products). The Company is externally managed by its investment adviser, Carlyle Global Credit Investment Management L.L.C.