AG Twin Brook BDC

AG Twin Brook BDC Inc. (the “Company”), formerly known as 1889 BDC Inc., was formed on February 4, 2016 as a Delaware corporation.  We have elected to be regulated as a Business Development Company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”).  In addition, for tax purposes, we intend to elect to be treated as a Regulated Investment Company (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). We are managed by AG Twin Brook Manager, LLC (the “Advisor”), a wholly owned subsidiary of Angelo, Gordon & Co., L.P. (“Angelo Gordon”).  The Advisor is registered as an investment adviser with the U.S. Securities and Exchange Commission (the “SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”).  Angelo Gordon (the “Administrator”) provides the administrative services necessary for our operations.  Company management consists of investment and administrative professionals from our Advisor and Administrator along with the Board of Directors (the “Board”).  Our Advisor directs and executes the investment operations and capital raising activities of the Company subject to oversight from the Board, which sets the broad policies of the Company. The Board has delegated investment management of our investment assets to our Advisor. The Board consists of five directors, three of whom are independent.