Investcorp Credit Management appoints new COO

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB), a $46.39 million market cap business development company with a notable 24.22% dividend yield, announced the appointment of Robert Andrew Muns as its new Chief Operating Officer, effective immediately. The decision was made by the company’s board on Monday, March 24, 2025. According to InvestingPro data, ICMB has maintained dividend payments for 11 consecutive years, demonstrating consistent shareholder returns.

Mr. Muns, who has been with Investcorp since 2019, brings a wealth of experience to his new role. His tenure at Investcorp began following the acquisition of CM Investment Partners LLC, where he served as a Managing Director. Additionally, he has been a member of CM Investment Partners LLC’s investment committee. Prior to joining Investcorp, Mr. Muns held the position of Managing Director at Cantor Fitzgerald on the Special Situations and Leveraged Loans Desk and co-founded the Credit Investments Group at Stifel, where he also served as Head of Credit.

His academic credentials include an M.B.A. from Columbia Business School and a B.A. in Mathematics from Northwestern (NASDAQ:NWE) University.

The company’s filing revealed that there are no compensatory arrangements with Mr. Muns regarding his appointment, and he has no direct or indirect material interest in any transaction that would warrant disclosure under SEC regulations.

Investcorp Credit Management BDC, Inc., headquartered in New York, is a business development company that primarily lends to and invests in middle-market companies. The announcement of Mr. Muns’ appointment is based on a press release statement and reflects a move to strengthen the company’s executive team.

The company has stated that there is no arrangement or understanding between Mr. Muns and any other persons in connection with his appointment as COO. Furthermore, Investcorp Credit Management does not directly compensate its executive officers.

This executive change comes as Investcorp Credit Management continues to navigate the complex financial landscape, aiming to enhance its operational capabilities with Mr. Muns’ extensive background in credit investments and management. For detailed analysis and additional insights about ICMB’s performance and prospects, investors can access comprehensive research reports and financial metrics through InvestingPro, which offers exclusive access to over 1,400 detailed company research reports and real-time market intelligence.

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