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SEC Proposes Offering Reforms for BDCs and Registered Closed-End Funds

The Securities and Exchange Commission voted to propose certain rule amendments to improve access to capital and facilitate investor communications by business development companies...

ADISA Announces 2019 Board of Directors

Members of ADISA, a trade association representing the alternative and direct investment industry, have selected new directors for the 2019 board. The election occurs...

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...

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,...

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...
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