Tag: BDC
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,...
Business Development Corporation of America to Participate in $981.2 Million Acquisition
Benefit Street Partners LLC has agreed to purchase the investment portfolio of Triangle Capital Corporation (NYSE: TCAP), a publicly traded business development company, for...
FS Investments Closes Fund Management Transactions with EIG and KKR
FS Investments, the nation’s largest sponsor of business development companies, has closed two previously announced transactions where partnerships with KKR and EIG Global Energy...
The IPA Rebrands as the Institute for Portfolio Alternatives
The Investment Program Association, a trade organization representing the non-traded alternative investment industry (which the association refers to as the “portfolio diversifying investments industry”),...
Summit: Non-Traded BDC Fundraising Declined 58% in 2017
Non-traded business development companies posted another fundraising decline in 2017 with $840 million equity raised, a 58 percent decline from $1.9 billion in 2016,...
ADISA Wraps Up 2018 Spring Conference
The Alternative & Direct Investment Securities Association, a trade association representing the non-traded alternative investment space, wrapped up its 2018 Spring Conference in Orlando,...
C-Suite Game of Musical Chairs Underway at First Capital BDC
First Capital Investment Corporation, a publicly-registered, non-traded business development company, announced additional changes to its new line-up of senior executives following the strategic investment...
BDCs Win Big in New Spending Bill
Congress signed into law on Friday a bill that allows business development companies to streamline their offering, filing, and registration processes and increase their...
The DI Wire Q&A with ADISA President Keith Lampi
The DI Wire had a chance to speak with ADISA president Keith Lampi ahead of ADISA’s 2018 Spring Conference held next week in Orlando,...