While the BDC sector is riding high, an improvement in reporting standards could attract many more institutional investors, says Cliffwater’s Stephen Nesbitt
2 min read · 28 January 2020
After New York-based MCC faced vociferous opposition to its original internal merger proposal, the firm reworked its offer and is moving ahead with an altered proposal.
1 min read · 06 January 2020
Eversheds Sutherland executive partner Cynthia Krus shares what the coming year likely has in store for business development companies.
4 min read · 26 December 2019
The merger would, as of the end of the third quarter, produce a BDC with investments and commitments of $3.25bn.
2 min read · 10 December 2019
The transaction is just the latest in a string of mergers that are slowly reshaping private credit.
3 min read · 09 December 2019
In our annual list of the top fundraisers, the top 10 has barely changed, and the top firms continue to pull further away from the pack.
3 min read · 02 December 2019
Despite significant growth in the industry over the last 10 years, BDCs are still not well known or understood, says Eversheds Sutherland’s Cynthia Krus
5 min read · 28 November 2019
Market observers say progress has been made towards acceptable compensation structures, finds David Turner. However, these should not be the only criteria in deciding who to back
5 min read · 28 November 2019
As BDCs dive down into the capital structure and into sectors facing tough times, recovery rates could be significantly lower than during previous downturns. Andrew Hedlund investigates
5 min read · 26 November 2019
Henriquez’s wife was also allegedly involved in the scandal and pleaded guilty. Both are set to be sentenced early next year.
2 min read · 23 October 2019