The BDC posted net realised and unrealised losses of $32.36m, which included a $23.33m realised loss.
2 min read · 10 May 2018
The fund will invest $5m-$25m for each transaction.
2 min read · 26 April 2018
The firm anticipates raising its next junior debt investment vehicle later this year.
3 min read · 26 April 2018
The department store chain is just the latest retailer that failed to reorganise in bankruptcy.
2 min read · 20 April 2018
The credit investing behemoth ceased providing investment advice to the FS BDCs earlier this month, but the firm believes it will replace that capital within the next few years.
2 min read · 19 April 2018
The deal will add $9bn of private debt assets to BlackRock and bring in an experienced credit management team.
2 min read · 18 April 2018
Getting the nod from a BDC’s equity investors to increase borrowings would be more efficient and engender goodwill.
3 min read · 12 April 2018
Barings has set the stage for a turnaround of the BDC through a shareholder-friendly fee structure and a commitment to slowly building out a portfolio of privately originated senior loans – but it will take some time, analysts say.
5 min read · 10 April 2018
FS Investments and KKR have closed the deal to create a new $18bn platform, wrapping together six BDCs.
1 min read · 09 April 2018
Additional leverage may mean higher fees for shareholders if BDC managers do not alter their fee structure.
4 min read · 05 April 2018
