Ironically, BDC first-lien assets have increased in recent years, but a larger share of BDC assets are considered distressed than the overall secondaries market.
2 min read · 26 September 2019
The firm’s founder took a position early on in its development that modest goals and bold ones required similar effort to achieve. So why not aim high?
4 min read · 23 September 2019
In our September magazine’s Deep Dive, investment professionals stressed the benefits of permanent capital. One overlooked advantage is making the asset class more accessible.
2 min read · 12 September 2019
The combination with one of the firm’s private BDCs, expected to close later in September, will create one of the largest publicly traded BDCs.
1 min read · 06 September 2019
It also has positions in two other business development companies: Great Elm Capital Corporation and MVC Capital.
4 min read · 27 August 2019
The firm may oversee more than $10bn of assets for the strategy a little more than a year after it formally parted ways with FS Investments.
2 min read · 15 August 2019
Alcentra BDC shareholders will retain 19% of the combined entity, while the buyer will reduce its management fee and up its hurdle rate.
3 min read · 13 August 2019
The new vehicle has purchased several investments, all of which are portfolio companies of the firm’s publicly traded Goldman Sachs BDC.
2 min read · 12 August 2019
BC Partners, which launched a credit arm more than two years ago, has made its second BDC purchase in less than a year.
2 min read · 02 August 2019
The investment manager’s latest product continues the firm’s strategy of lending to US mid-market companies.
2 min read · 22 July 2019
