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AG Twin Brook Capital Income Fund (TCAP)

NAV: $25.43 |

ITD Total Return: 11.4%1 as of April 30, 2024

NAV: $25.43 |

ITD Total Return: 10.8%1 as of April 30, 2024

NAV: $25.43 |

ITD Total Return: 9.1%1 as of April 30, 2024

1 Past Performance is not indicative of future results. Total Return is calculated as the change in NAV per share during the period, plus distributions per share (assuming dividends and distributions are reinvested) divided by the beginning NAV per share. For additional information please refer to the Total Return table in the Performance page of TCAP’s website.

TCAP seeks to deliver attractive, consistent total returns for income-focused investors through the active management of a diversified portfolio principally comprised of floating rate, senior secured loans to private equity-backed lower middle market companies.

TCAP seeks to deliver attractive, consistent total returns for income-focused investors through the active management of a diversified portfolio consisting of senior secured loans to private equity-backed lower middle market companies.

Angelo Gordon Twin Brook Capital Income Fund (TCAP) video

TCAP Investment Philosophy Pillars

Strength

Backed by TPG Angelo Gordon’s experienced mid-market direct lending team, Twin Brook Capital Partners, and the strength and breadth of the broader TPG Angelo Gordon platform, we believe TCAP is well positioned to capitalize on yield potential across varying market conditions.

Senior

With an objective of mitigating risk, TCAP primarily focuses on investing in privately originated senior secured loans, which are at the top of the capital structure, are backed by collateral, and have strong lender protections2 in place.

Selectivity

A rigorous, disciplined underwriting approach and focus on loans to market leading companies in what we believe are non-cyclical industries makes for a strategy aimed at minimizing volatility and delivering attractive, consistent total returns.

2Lender protections are structural elements of a loan investment that serve to strengthen the lender’s position. These may include, but are not limited to, first lien perfected security interests on tangible/intangible assets of a portfolio company and covenant packages with both financial and negative covenants.

$18.8M

Portfolio Company Average EBITDA3

39%

Average Loan-to-Value4

100%

Senior Secured First Lien5

3 EBITDA is a weighted average at investment closing.
4 Loan-to-Value (LTV) is a weighted average at investment closing.
5 Represents senior secured first lien debt as a percentage of total debt investments and excludes TCAP’s equity investments.

Higher Yields | Reduced Risk6

Private credit has historically provided low volatility and strong relative risk-adjusted returns

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IMPORTANT NOTICE

This site and the materials herein are directed only to certain types of investors and to persons in jurisdictions where AG Twin Brook Capital Income Fund (“TCAP”) is authorized for distribution.

Complete information about investing in shares of TCAP is available in the Prospectus. An investment in TCAP involves risks.

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