A US regulation aimed at providing investors greater clarity has resulted in a less engaged BDC shareholder base. Moves to spark change are afoot.
2 min read · 01 November 2018
The firm had been planning to raise up to $100m from the offering, which would have seen the BDC listed on the New York Stock Exchange, to pay off debt and fund investment activities.
2 min read · 19 October 2018
The firm received over $750m in equity capital and created its third BDC.
2 min read · 18 October 2018
The firm’s performing credit strategies have returned 9.4% for the last 12 months, significantly outperforming its distressed strategies, which have returned 4% over the same period.
3 min read · 18 October 2018
Bain Capital Specialty Finance , which has more than $1.2bn in assets, is set to list on the NYSE.
2 min read · 12 October 2018
The Apollo BDC, which owns equity in the company, shed its subordinated debt positions in the second quarter, as did the New Mountain BDC.
2 min read · 05 October 2018
The firm, which collected $5.5bn for its first BDC, will commit between $20m and $500m per transaction.
2 min read · 28 September 2018
The credit veteran emphasises caution will win the day in his latest memo.
3 min read · 27 September 2018
The New York-based alternative lender won approval from its shareholders in March to tap additional borrowing capacity under new US federal statutes.
2 min read · 19 September 2018
