The $1.7bn vehicle saw assets and income grow, which David Golub said he was especially pleased with at a time of market turmoil.
2 min read · 08 August 2016
While it’s unusual for pension funds to invest in business development companies, Owl Rock has been raking in large cheques from these investors thanks to the strong reputation of its founders and unusually low fees.
3 min read · 04 August 2016
A recent SEC filing has shown that Golub’s BDC was able place a $25m equity stake from an institutional investor as many of its peers struggle in public markets.
1 min read · 01 August 2016
The Swiss bank’s own M&A advisory group is representing the non-traded vehicle in a sales process. Bids were due yesterday.
2 min read · 22 July 2016
FS Investment Corporation, Franklin Square’s BDC, is a first-lien lender to the oil and gas company.
2 min read · 24 June 2016
Howard Widra, formerly the head of Apollo-owned MidCap Financial, is taking over the reins from Ted Goldthorpe.
2 min read · 06 June 2016
Management believe that recent co-investment relief from the SEC will allow AINV to more frequently act as lead lender and access new opportunities.
3 min read · 23 May 2016
The ratings agency reiterated its negative outlook for BDCs despite some positive developments reported during the first quarter.
3 min read · 23 May 2016
The Los Angeles-headquartered BDC out earned its dividend during the first quarter, which saw a $37 million increase in new commitments from the previous quarter.
3 min read · 16 May 2016
The vehicle posted healthy financials amid an otherwise tumultuous quarter.
2 min read · 10 May 2016
