The Fly | MSDL

Proprietary Deal Flow Access: Benefiting from a broad network and extensive relationships within Morgan Stanley's ecosystem to source investment opportunities.

Deep Industry Expertise: An experienced investment team with specialized knowledge in credit underwriting, structuring, and portfolio management across various sectors.

Credit Default Risk: The risk that portfolio companies may fail to make timely payments or default on their loan obligations, leading to a loss of principal and interest income for MSDL.

Illiquid Investment Risk: Investments made by MSDL are generally illiquid, making it challenging to sell assets quickly at favorable prices, which could impact MSDL's ability to manage its portfolio or meet capital calls.

Interest Rate Sensitivity Risk: Fluctuations in interest rates can impact the income generated from MSDL's variable-rate loans and the cost of its own borrowings, affecting its net investment income and overall profitability.

Charts

Global Institutional Backing: Leveraging the strength and reputation of Morgan Stanley's global platform.

Proprietary Deal Flow Access: Benefiting from a broad network and extensive relationships within Morgan Stanley's ecosystem to source investment opportunities.

Deep Industry Expertise: An experienced investment team with specialized knowledge in credit underwriting, structuring, and portfolio management across various sectors.

Credit Default Risk: The risk that portfolio companies may fail to make timely payments or default on their loan obligations, leading to a loss of principal and interest income for MSDL.