TCG BDC, Inc. Appoints William H. Wright II as a Class I Director
February 19, 2021 at 04:02 pm EST
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On February 16, 2021, the Board of Directors of TCG BDC, Inc., upon the recommendation of the Board's Governance and Nominating Committee, appointed William H. Wright II as a Class I
director of the Company. The Board also determined, upon the advice of counsel, that Mr. Wright is not an interested person", as defined in the Investment Company Act of 1940, as amended, of the Company. Mr. Wright is also independent" for purposes of the Nasdaq listing requirements. Mr. Wright will serve on the Board's Audit Committee, Governance and Nominating Committee and Compensation Committee. Mr. Wright was a Managing Director of Morgan Stanley until his retirement in 2010, having joined the firm in 1982. During his career in investment banking at Morgan Stanley, Mr. Wright headed the corporate finance execution group where he was responsible for leading and coordinating teams in the execution of complex equity offerings for multinational corporations. Following his career in investment banking, Mr. Wright served as an independent board member of two SEC registered closed-end funds until 2016, and of a business development company from 2018 to 2020.
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.
CARLYLE SECURED LENDING, INC. 
