The New York-based mid-market lender’s acquisition of American Capital has upped its borrowing capacity to an aggregate $3.5bn.
2 min read · 05 January 2017
The transaction with American Capital caps off a sale process that began in January of last year.
3 min read · 04 January 2017
Four mid-market lenders are seeking additional funding, several through raising capital and another couple through debt securities.
2 min read · 03 January 2017
Michael Zugay, former head of US investments at BlackRock, became chief executive officer on New Year’s Day.
2 min read · 03 January 2017
David Golub talks about potential inflation in private credit and why his firm left the mezzanine space.
2 min read · 20 December 2016
Ares Capital Corporation and American Capital will combine to create a $12bn business development company.
1 min read · 15 December 2016
The BDC, focused on senior floating rate debt, showed a slight bump in net asset value in Q3, but is still down year-on-year.
2 min read · 15 December 2016
The firm also boosted its net investment income in its fourth fiscal quarter versus the same time last year.
2 min read · 14 December 2016
The firm has raised $500 million since it last reported total capital commitments.
2 min read · 12 December 2016
Medley’s stock continued to trade at a discount as the management expressed a strong commitment to following through on its share repurchases.
3 min read · 09 December 2016
