Investcorp Credit Management BDC, Inc Announces Resignation of Rocco Delguercio as Chief Financial Officer, Effective as of March 31, 2024
December 01, 2023 at 08:31 am EST
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On November 28, 2023, Rocco DelGuercio notified Investcorp Credit Management BDC, Inc. of his resignation as the Company?s Chief Financial Officer, effective as of March 31, 2024. Mr. DelGuercio?s resignation is not a result of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices (accounting or otherwise).
Investcorp Credit Management BDC, Inc. is an externally managed, closed-end, non-diversified management investment company. The Companyâs investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments by targeting investment opportunities with favorable risk-adjusted returns. The Company seeks to invest primarily in middle-market companies that have annual revenues of at least 50 million dollars and earnings before interest, taxes, depreciation, and amortization of at least 15 million dollars. It invests in standalone first and second lien loans and unitranche loans, with an emphasis on floating rate debt. It also selectively invests in unsecured debt, bonds and in the equity of portfolio companies through warrants and other instruments. It invests in various industry sectors, such as chemicals, software, and others. Its investment advisor is CM Investment Partners LLC.
INVESTCORP CREDIT MANAGEMENT BDC, INC. 
