Vertical Capital Requests Shareholders to Vote on its Proposals at its Annual General Meeting
September 17, 2019 at 09:32 pm IST
Share
On September 17, 2019, Vertical Capital Income Fund announced that it has adjourned its 2019 annual meeting of shareholders to September 30, 2019 and is asking shareholders to cast their votes to continue the stability of the Company. The Company stated that it is asking shareholders to vote on proposals to approve a new investment advisory agreement with Oakline Advisors, LLC and re-elect Robert Boulware as a trustee.
Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations (CLOs). The CLOs are collateralized by a portfolio consisting primarily of the United States senior secured loans with a large number of distinct underlying borrowers across various industry sectors. The Fundâs primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Fund seeks to achieve its investment objectives by investing primarily in equity and junior debt tranches of CLOs. The Fund may also invest in other related securities and instruments or other securities and instruments, including senior debt tranches of CLOs, loan accumulation facilities (LAFs) and securities issued by other securitization vehicles, such as collateralized bond obligations (CBOs). The Fund is externally managed by Carlyle Global Credit Investment Management L.L.C.
CARLYLE CREDIT INCOME FUND 
