Steele Creek Investment Management LLC

Steele Creek Investment Management LLC is a registered investment adviser founded in 2013 and based in Charlotte, North Carolina. The firm specializes in providing investment advisory services to various funds, primarily investing in broadly syndicated loans. Steele Creek's parent company is Moelis Asset Management LP, indirectly owned by Kenneth Moelis. The firm manages approximately $2.4 billion in regulatory assets under management across eleven funds as of December 31, 2024. For clients interested in investing, the minimum initial amount required for the CLO Funds and the BSL Fund is $1,000,000, with the BDC requiring a minimum of $25,000. Steele Creek charges management fees, performance fees, and other fees as described in the Governing Agreements of the respective funds. The firm follows a Code of Ethics to ensure client interests are prioritized, and employees are monitored for compliance with personal securities transactions. Steele Creek's investment strategies focus on identifying, evaluating, and monitoring suitable investments for the funds, primarily in non-investment grade, high yield senior loans. The firm conducts due diligence processes and employs an Investment Committee to evaluate investments. The firm's brochure provides detailed information on various risks associated with its investment strategies, including limited liquidity, non-recourse investments, and operational risks. Steele Creek does not maintain custody of client funds or securities, and investment discretion is fully managed by the firm. The firm has policies and procedures in place for voting client securities, although this is generally not applicable due to the nature of the investments. Overall, Steele Creek Investment Management LLC aims to provide tailored investment services to its clients while adhering to regulatory requirements and maintaining transparency in its operations.