
Robert Grunewald graduated from the University of Notre Dame in the class of 1984 and later earned an MBA from Georgia State University.
Today Mr. Grunewald is the CEO and Founder of Flat Rock Global, LLC, an alternative asset manager focused on developing yield driven investment strategies in sectors deemphasized by banks. Flat Rock’s initial fund, Flat Rock Capital is a BDC investing in first lien, senior secured loans to middle market companies.
Mr. Grunewald previously served as the President and Chief Investment Officer of Business Development Corp. of America (BDCA). During his tenure at BDCA, Mr. Grunewald grew the company from $2.5 million of assets under management to $2.7 billion. BDCA was the top performing non-traded BDC in 2012, 2013 and 2014. Mr. Grunewald hired the investment and origination teams, established BDCA’s strategy, and chaired the investment committee. He also established the firms’ loan management systems as well as their policies and procedures. While at BDCA, Mr. Grunewald also founded Kahala Aviation, a mid-life aircraft leasing business and AR Capital BDC Income Fund, the first open-end mutual fund dedicated to investing in the BDC sector.