The combination of four private business development companies, on a pro forma basis, will be larger than its publicly traded counterpart, FS KKR Capital Corporation.
1 min read · 05 June 2019
The country’s 10 largest public business development companies have taken different approaches to accessing debt.
6 min read · 03 June 2019
The firm has grown quickly since it was founded a little more than three years ago and now has two BDCs that manage much of its capital.
1 min read · 21 May 2019
Volatility in Q4 2018 dragged on performance across the market, but a dispersion of results in the first quarter offer a more accurate reflection.
4 min read · 21 May 2019
The BDC’s asset-based investments are targeting an unlevered gross return in the mid-teens, with commitments made in the first quarter to an aircraft leasing company and a mortgage lender.
2 min read · 13 May 2019
The partnership will see a geographic mix across the US and Europe, which will let BBDC access investments with different levels of yield.
2 min read · 10 May 2019
The firm also reported its first quarter earnings, which listed its largest portfolio ever at $2.15bn.
2 min read · 09 May 2019
The lender continued to write massive cheques in Q1, but the average portfolio company EBITDA, when adjusted for size, is $66m.
2 min read · 01 May 2019
FS Investment Corporation successfully voted for and later rescinded an increase in allowable leverage in 2018, prior to its merger with Corporate Capital Trust.
2 min read · 25 April 2019