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FS Investments CEO Appointed to Innovatus Capital Advisory Board

Innovatus Capital Partners LLC, an independent adviser and portfolio management firm, has appointed Michael Forman, the chairman and chief executive officer of FS Investments,...

FS Investment Corp and Corporate Capital Trust Merger to Create BDC...

FS/KKR Advisor LLC, a partnership between FS Investments and KKR Credit Advisors, plan to merge FS Investment Corporation (NYSE: FSIC) and Corporate Capital Trust...

Sierra Income Names New CFO

The board of Sierra Income Corporation, a publicly registered non-traded business development company, has appointed Richard Allorto Jr. to serve as chief financial officer,...

NBA Legend “Magic” Johnson to Headline ADISA’s 2018 Annual Conference

ADISA, a trade association representing the non-traded alternative and direct investment space, announced that NBA legend and Naismith Memorial Basketball Hall of Fame inductee...

Flat Rock Global Launches $100 Million Interval Fund

Flat Rock Global LLC, an alternative credit asset manager, has launched the Flat Rock Opportunity Fund (Ticker: FROPX), an interval fund that seeks to...

Sierra Income Corporation Schedules Date for Offering Close

The board Sierra Income Corporation, a publicly registered non-traded business development company, has decided to close the company’s offering on July 31, 2018. The company...

Summit: Non-Traded BDCs Raise $112 Million During First Quarter of 2018

Non-traded business development companies had a record low raise with $112 million during the first quarter of 2018, which is on pace for a...

Flat Rock Global to Launch $100 Million Interval Fund

Flat Rock Global LLC, an alternative asset management firm, is planning to launch a $100 million interval fund named Flat Rock Opportunity Fund. The...

Business Development Corporation of America Prices Senior Notes Offering

Business Development Corporation of America, a publicly registered non-traded business development company, has priced an offering of $60 million aggregate principal amount of 5.375...

Corporate Capital Trust II Names New CFO

The board of Corporate Capital Trust II, a publicly registered non-traded business development company advised by a partnership between FS Investments and KKR Credit,...