Seeks superior risk-adjusted returns across market cycles through a diversified portfolio of liquid and illiquid credit, pursuing market inefficiencies and relative value across the global credit spectrum. Invests at least 80% of Managed Assets in credit instruments: directly originated senior loans (the core of the book, largely sourced through Ares platforms), syndicated loans, high yield bonds, asset-backed securities, CLO debt and equity, and commercial real estate loans. Uses fund-level credit facilities and mandatory redeemable preferred shares to enhance income.