The alternative lender’s quarterly net investment income covered its $0.45-a-share dividend.
3 min read · 03 August 2018
Ares Management’s BDC, which saw net outflows from its portfolio, experienced strong realised and unrealised gains of 22 cents a share.
2 min read · 01 August 2018
The Los Angeles-based firm also held closes on its latest transportation and special situations funds.
2 min read · 26 July 2018
The two firms have been operating their two public BDCs and four private BDCs under a single advisory agreement since April.
1 min read · 23 July 2018
With interest rates and inflation on the rise, consultant Cliffwater raises return expectations across most asset classes.
3 min read · 19 July 2018
The New York-based credit behemoth saw $5.7bn raised over the second quarter.
2 min read · 19 July 2018
The firm has locked down several new sources of capital, adding an SMA, and is on track to beat the target for its debut opportunistic fund.
2 min read · 16 July 2018
The respected analyst began covering BDCs for the financial institution in 2006.
2 min read · 16 July 2018
The firm feels, according to a source familiar with the matter, that it currently has the ‘best team in place’ to refocus the US mid-market lending arm’s strategy and improve performance.
2 min read · 26 June 2018
The debt fund manager’s investment was paid off three-and-a-half years ahead of maturity through a refinancing.
2 min read · 25 June 2018