About

First, a little history: The BDC Reporter has been published digitally for nearly 20 years. All along, our goal has been to provide readers with up-to-the-minute “News, Views, and Analysis” about the public BDC sector. (We do not cover public BDCs involved primarily in equity investing or any of the non-traded BDCs.)  In recent years, this segment of the so-called “private credit” market has grown to over $175bn in assets under management, spread over 45 public BDCs. We also track the now-30 publicly traded unsecured notes (colloquially known as “Baby Bonds”).

There are two ways to access the BDC Reporter. For anyone with only an occasional interest, just go to the website at any time and read any article marked as Free, or follow @BDCPublications on X. However, if you have more than a passing interest in things BDC, we suggest you access our plentiful premium content.  This costs only $50 a month and can be canceled from month to month. You register as a subscriber in less than a minute. You will be asked for your credit card information, but every new subscriber receives a 7-day Free Trial.

As a Premium Subscriber, you will have full access to the hundreds of articles we offer every year about all the material developments occurring in the BDC sector. Most notably, we write a widely followed weekly BDC Common Stocks Market Recap, published every weekend, that discusses the latest developments in the sector. All new content will appear in your email inbox once it is published. Also offered is a long list of unique Subscriber Tools – carefully curated BDC data invaluable for research.

What else? There are no ads here, which is always a plus.  Editorially,  we answer to no one and seek to keep our analysis even-handed and the content current.

EDITOR

Nicholas Marshi is the founder, editor, and owner of BDC Publications LLC, which publishes the BDC Reporter and the BDC Credit Reporter.

Mr. Marshi is also the co-owner and founder of BDC Investment Advisors, LLC (“BDCIA”) – a California-regulated Registered Investment Advisory firm specializing in BDC investing. Prior to forming BDCIA,  Mr. Marshi was a founder and principal of Southland Capital Partners (“SCP”), a Los Angeles-based private equity firm. SCP was established in 1998 in Los Angeles to acquire controlling interests in middle-market companies in Southern California. SCP acquired several companies in a wide range of industries, one of which remains active. Prior to forming SCP, Mr. Marshi managed Kensington Capital Corporation (“KCC”), another private equity investment firm with a focus similar to that of Kleinwort Benson. Citibank at locations worldwide including Athens, Dubai, Puerto Rico and London.

Mr. Marshi is a graduate of Tufts University (B.A.) and Harvard University (M.A.).