The Registrant is wholly owned by Credit Suisse Asset Management (UK) Holding Limited. which is an indirect wholly owned subsidiary of UBS Group, a publicly-owned foreign bank holding company based in Switzerland. The Registrant was organized on 21st December 1982 and managed on a discretionary basis approximately $11.65 billion of regulatory assets under management as of 31st December 2022. The Registrant offers discretionary and non-discretionary investment advice to various types of clients, including but not limited to U.S. and non-U.S. pooled investment vehicles (“Funds”), separately managed accounts (“Accounts”), pension and profit sharing plans, corporations, government entities and other institutional investors. The Registrant provides investment management/advisory services to clients based on the individual needs of the client. Individual needs include a review of the client’s overall investment guidelines and objectives as well as specific investment goals and risk tolerance. A client may open an Account and receive such discretionary investment management services by entering into an investment management agreement (“Management Agreement”) with the Registrant which outlines the roles and responsibilities of each party. Generally, either party may terminate the Management Agreement upon 90 days written notice to the other party. The Registrant’s portfolio management teams employ different strategies in providing investment advice

depending on the type of client and strategy employed. All investment advisory personnel devote 100% of their time to providing or supporting the provision of investment advice. The Registrant offers advice on a variety of investments, including:
• management of senior secured bank loans and leveraged finance assets through collateralized loan obligations (“CLOs”), separate accounts, and mutual and commingled funds; and
• alternative investments, including investment in a variety of structured credit products, instruments and exposures through residential and commercial mortgage-backed securities, collateralized debt obligations, CLOs, other asset-backed securities, derivatives and other structured and non-structured products The Registrant also provides advisory services to an affiliated hedge fund manager as well as distribution services with respect to the Registrant’s products and certain third party products. The following is a description of the strategies employed by the Registrant’s various portfolio management teams: Credit Investments Group (“CIG”) CIG specializes in the management of portfolios of leveraged loans (first and second lien senior secured loans), high-yield bonds, private credit instruments, and structured credit investments (e.g., rated and unrated debt or equity tranches of CLOs) in credit markets across a broad spectrum of products, including CLOs, separate accounts, registered investment companies and other commingled vehicles.