The two entities created a joint venture with $125m of committed capital with the hope of acquiring additional financing.
2 min read · 23 January 2019
MCC has faced scrutiny from shareholders over plans to merge with MDLY, despite an independent committee finding it to be the best option for the portfolio’s performance.
3 min read · 22 January 2019
The BDC has originated $11.1 billion of loans since its inception almost three years ago.
1 min read · 17 January 2019
Jeffrey Levin’s duties will be divided among the firm’s other executives.
2 min read · 15 January 2019
The BDC passed its prediction of $1.1bn of investments for the year that was made at the end of the third quarter.
2 min read · 08 January 2019
BGSL Breckenridge Funding began the $400m facility with BNP Paribas in December.
2 min read · 03 January 2019
The strategy continues to grow as a focus for lenders, as many have seen an increase in demand for the option.
3 min read · 30 December 2018
Houlihan Lokey’s Jeff Hammer says that while there is a broad base of potential actors, that loans are repaid over a given period or refinanced likely constrains the size of the market.
2 min read · 29 December 2018
Moab Capital Partners joins two other shareholders that have come out publicly against the deal, meaning that approximately 9% of the total shares stand in opposition to the transaction.
3 min read · 18 December 2018
The buyer will contribute its incentive fees until the net investment income hits $0.40 per share.
2 min read · 17 December 2018
