Special situations, direct lending, speciality finance … business services, healthcare and energy. These investment platforms and industry specialisations don’t need to be siloed, rather they can work together, two TCP Capital executives maintain.
5 min read · 05 December 2017
Fund structures today include public and private approaches as well as blends of the two, explains Arthur Penn of PennantPark.
6 min read · 05 December 2017
The mid-market lender cut its dividend by 33% and reduced its annual net investment income outlook.
2 min read · 08 November 2017
The Palo Alto, California-based BDC says externalising management has been a “distraction”.
2 min read · 06 November 2017
KKR would become the sole investment advisor to the vehicle.
2 min read · 11 October 2017
The firm already accesses that market segment through its stake in DoubleLine Capital, high-net-worth individuals and sub-advisory agreements with mutual funds.
2 min read · 27 October 2017
The sale of the publicly traded BDCs comes as stock prices for that type of investment vehicle have shown a slight dip.
2 min read · 18 October 2017
GBDC 3 will mark the firm’s second private BDC after the initial private vehicle stopped accepting commitments from investors.
2 min read · 16 October 2017
The Los Angeles-based firm held positions in ten undisclosed BDCs as of September.
2 min read · 04 October 2017
The Swiss firm is targeting senior secured loans, but it will also make investments further down the capital stack such as mezzanine debt and of an opportunistic nature, such as rescue financings.
2 min read · 20 September 2017
