We are a direct lending investment company that seeks to generate attractive risk-adjusted returns primarily through direct investments in senior secured loans to middle market companies or other issuers. We are managed by the direct lending team (the “Direct Lending Team”) of the Adviser, a group of investment professionals that will use the same investment strategy employed by the Direct Lending Team over the past 19 years. We are primarily focused on investing in senior secured debt obligations, although there may be occasions where the investment may be unsecured. We may also consider an equity investment as the primary security, in combination with a debt obligation, or as part of a total return strategy. Our investments are in corporations, partnerships or other business entities. Additionally, in certain circumstances, we may co-invest with other investors and/or strategic partners through indirect investments in portfolio companies through a joint venture vehicle, partnership or other special purpose vehicle (each, an “Investment Vehicle”). While we invest primarily in U.S. companies, there are certain instances where we invested in companies domiciled elsewhere.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry
Former names
TCW Investment Corp.
SEC CIK
Corporate docs
Subsidiaries
TCW DL VI Funding I, LLC • TCW DL CTH LLC ...
Latest filings (excl ownership)
10-K
2023 FY
Annual report
28 Mar 24
8-K
Departure of Directors or Certain Officers
3 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
10-Q
2023 Q2
Quarterly report
10 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
16 May 23
10-Q
2023 Q1
Quarterly report
11 May 23
DEF 14A
Definitive proxy
11 Apr 23
CORRESP
Correspondence with SEC
11 Apr 23
10-K
2022 FY
Annual report
6 Apr 23
PRE 14A
Preliminary proxy
31 Mar 23
Latest ownership filings
SC 13D/A
GIC Private Ltd
8 Apr 24
3
Andrew J Kim
17 Jun 22
3
Gladys Xiques
17 Jun 22
3
Laird Landmann
1 Nov 18
4
JESS M RAVICH
10 Mar 16
4
JESS M RAVICH
5 May 15
SC 13G
Beneficial ownership report
10 Apr 15
4
JESS M RAVICH
24 Mar 15
4
Meredith S Jackson
24 Mar 15
SC 13G
Beneficial ownership report
17 Feb 15
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 5.65 mm | 5.65 mm | 5.65 mm | 5.65 mm | 5.65 mm | 5.65 mm |
Cash burn (monthly) | 309.67 k | (no burn) | 2.38 mm | 2.70 mm | (no burn) | 195.33 k |
Cash used (since last report) | 2.12 mm | n/a | 16.34 mm | 18.51 mm | n/a | 1.34 mm |
Cash remaining | 3.52 mm | n/a | -10.69 mm | -12.86 mm | n/a | 4.31 mm |
Runway (months of cash) | 11.4 | n/a | -4.5 | -4.8 | n/a | 22.0 |