Fifth Street Senior Floating Rate Attracts An Activist. Too Early To Cheer.

Fifth Street Floating Rate (FSFR) has just been informed that one of its shareholders is not happy and wants to have two of its principals elected to the Board and get shareholders to fire the company's existing investment adviser, a subsidiary of Fifth Street Asset Management (FSAM). Mr Market cheers, but the BDC Reporter is not yet convinced, and says why.

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