Monroe Capital’s stock price has been moving up sharply of late. We analyze the likely reasons and ask the obvious question: will this continue ?
We undertake yet another in-depth analysis of a BDC’s credit performance. This time, we’re looking at Trinity Capital – a fast growing player with mighty ambitions.
We re-publish an article from the BDC Credit Reporter regarding a troubled portfolio company of Runway Growth Finance.
WhiteHorse Finance announced a surprise new non-accrual in the IIQ 2024. We review this latest development and the BDC’s credit performance both in the here and now and over the long term.
We take a long, hard look at Crescent Capital’s credit performance, both looking at current and long-term results. We were a little surprised by our own conclusion.
We both analyze how Main Street Capital’s dividend payout performance looks like for 2024 and how the sector as a whole is faring. The numbers may surprise you.
The first BDC to disappoint in the IIQ 2024 earnings season is venture-debt Horizon Technology Finance. We explain why.
With one major quibble, Ares Capital’s IIQ 2024 performance was solid – and encouraging – across the board.
It’s done! The merger of two closed-en funds into MidCap Financial has been completed. We’re learning some of the financial consequences for the BDC – some good, some not so much.
For the first time in a while, a BDC – Trinity Capital – has tapped the publicly-traded Baby Bond market for its financing needs. We discuss recent trends and the challenges facing both Trinity Capital and the rest of the sector.
PennantPark Investment’s stock price began the week by cratering. We look at the reasons why and evaluate if the market reaction was “appropriate”.
We take an in-depth look at one of the BDC sector’s worst performing BDCs of the past two years: TriplePoint Venture Growth. We hoped to find signs in the IQ 2024 results that a reversal of fortune might be in the cards.
Gladstone Capital had both good news and not-so-great news to report in its IQ 2024 results but the BDC generally met expectations but there is some devil to be found in the details.
Fidus Investment – whose performance bar has been set very high in recent years – continues to meet expectations in almost every way.
CION Investment – which trades at a big discount to book – had a very good IQ 2024. We discuss what’s happening.
Carlyle Secured Lending out-performed our expectations in the IQ 2024, mostly for one specific reason.
Upper-middle market focused and relative public BDC newbie gets our IQ 2024 Performance Review treatment.
A portfolio company of two BDCS that was once in bankruptcy and seemingly on the edge of liquidation has recovered. What looked like a loss is now a gain.
Capital Southwest’s IQ 2024 performance was nothing to write home about but the BDC continued to perform at an above-average level in almost every respect.
We continue our Sisyphean goal of reviewing the IQ 2024 performance of every BDC with a look at one of the biggest players – Blackstone Secured Lending.
