TriLinc Global Impact Fund Appoints Permanent Chief Financial Officer
The board of TriLinc Global Impact Fund LLC, a publicly registered non-traded limited liability company, has appointed Kun Yong (Brent) Park as the company’s new chief financial officer, effective this month. Park, age 43, steps into the role following Gloria Nelund, who had served as interim CFO. Nelund continues in her primary roles as chairman, president, and chief executive officer of the company.
According to leadership, Park brings a wealth of experience in financial reporting, fund accounting, and auditing to the impact investing fund. He is already familiar with the organization, having served as fund controller for TriLinc Advisors LLC, the company’s adviser, since December 2023 and as its accounting manager since May 2022.
Park becomes the permanent successor to Mark A. Tipton, who resigned from his position as the TriLinc fund’s CFO last summer. Tipton had served as the company’s principal financial and accounting officer on an interim basis while the company conducted its search.
Prior to joining the TriLinc adviser, Park was a senior fund accountant at Kayne Anderson Capital Advisors LP from January 2021 to May 2022. There, he managed financial operations for senior credit funds.
His earlier career included several years in public accounting, holding senior associate audit and assurance positions at PricewaterhouseCoopers, KPMG, and a boutique accounting firm between 2016 and 2021. During this time, he audited diverse clients, including private equity, venture capital and real estate funds, gaining valuable experience in areas like Level 3 investment valuation testing and accounting for business combinations. Park also co-founded a product development and manufacturing company where he served as financial manager from 2012 to 2015.
Park holds a bachelor’s degree in environmental economics and policy from the University of California, Berkeley, and is a certified public accountant.
As of Jan. 31, 2025, TriLinc Global Impact Fund reported that its financing commitments for business expansions and socioeconomic developments through its global investment portfolio was $291 million. This was compared to $252.9 million in the year prior.
The weighted average loan size of the portfolio was approximately $10 million, with a weighted average duration of 0.4 years. As of the end of January, the company had funded approximately $1.21 billion in aggregate investments to 103 borrower companies globally, (including $104.7 million in temporary investments) supporting 42,855 permanent employees.
As of Dec. 31, 2024, the company had issued approximately 56.4 million units, including approximately 8.2 million units issued under its distribution reinvestment plan, for gross proceeds of approximately $515.1 million including approximately $66.9 million reinvested under its distribution reinvestment plan for net proceeds of approximately $493.4 million.
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