The origination of Guggenheim Credit Income Fund 2019 begins a new offering period for the BDC that will run through 2020.
2 min read · 12 December 2018
The vehicle had a successful shareholder vote to increase its debt-to-equity leverage from 1:1 to 2:1.
2 min read · 10 December 2018
The BDC has experienced steady losses for over four years, with a net asset value drop of 30% over the last fiscal year alone.
2 min read · 05 December 2018
While the merger of the publicly traded vehicles is set to be completed, the combination of their non-traded BDCs has been put on hold amid low stock-trading prices.
2 min read · 05 December 2018
Robert Stark, the new senior managing director, will be responsible for helping develop and execute the firm’s strategy.
2 min read · 04 December 2018
Every year we run the PDI 50 we get a clearer picture of not only who the leading firms are and the key trends in the industry.
5 min read · 03 December 2018
While the same big players continue to dominate the list of the largest BDCs, new legislation could shake up future rankings.
1 min read · 03 December 2018
The march into CLOs and action against the AFFE rule are developments that Andrew Hedlund believes will change the shape of the BDC market in 2019.
7 min read · 03 December 2018
The BDC is seeking approval from shareholders to change its debt-to-equity ratio from 2:1 to 1:1.
2 min read · 30 November 2018
The BDC will lower its incentive fees and hurdle rate next year to stay “fee-friendly”.
2 min read · 13 November 2018