Gladstone Alternative Income Fund makes initial portfolio company investments

Gladstone Alternative Income Fund made its first portfolio company investments in Nielsen-Kellerman and Ricardo Defense System and Ricardo Defense. Both investments were a co-investment alongside the Fund’s affiliated business development company fund, Gladstone Investment (GAIN) Corporation. Nielsen-Kellerman designs, manufactures, and distributes a wide range of rugged, waterproof environmental measurement and sports performance instruments. Nielsen-Kellerman’s product line serves a broad spectrum of users, from outdoor enthusiasts and competitive athletes to professionals in specialized technical fields, all of whom rely on the company’s precision instruments in challenging environments. RDI, based in Troy, Michigan, is an engineering services and systems integration firm focused on helping Department of Defense customers solve technical hurdles to modernizing, managing, and maintaining the fleet.