Email us with questions or comments: [email protected]           α

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

Premium Free
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.

This content is restricted to subscribers

Already a Member? Log In

Register for the BDC Reporter

The BDC Reporter has been writing about the changing Business Development Company landscape for a decade. We’ve become the leading publication on the BDC industry, with several thousand readers every month. We offer a broad range of free articles like this one, brought to you by an industry veteran and professional investor with 30 years of leveraged finance experience. All you have to do is register, so we can learn a little more about you and your interests. Registration will take only a few seconds.

Sign Up