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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...

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,...

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”),...

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...