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The BDC Activist Decries Another Joint Transaction Between Two Fifth Street BDCs.

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The BDC Activist has opined in the past about the SEC's green light to many managers of multiple funds to populate their portfolios with loans from the same borrower. Fifth Street Asset Management (FSAM) has just announced another transaction shared between its two public BDCs. The BDC Activist does not approve in principle, and explains why.

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