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Chairman/CEO of specialty finance company TCG BDC resigns

U.S. specialty finance company TCG BDC Inc. announced that Chairman and CEO Michael Hart will resign from the company effective Dec. 31, according to a May 14 SEC filing.

Hart will remain in his current position until then to ensure a smooth transition.

The company's investment adviser, Carlyle Global Credit Investment Management LLC, plans to propose new executive leadership soon, the filing said.