March 15, 2016
2015 BDC Annual Brief is Now Available
2015 Annual Brief Nontraded REIT Year in Review Coming after a record year for fundraising in the nontraded BDC industry, 2015 was not expected to match the over $6 billion …

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BV BDC Annual Brief 2015

2015 Annual Brief Nontraded REIT Year in Review

Coming after a record year for fundraising in the nontraded BDC industry, 2015 was not expected to match the over $6 billion in new equity sales that 2014 held. Our original expectation was for the industry to raise at least $5 billion in 2015. Due to a slowdown in sales overall and one of the largest capital raising sponsors, AR Capital, leaving the industry, the capital raise for BDCs saw a more than 30% decline in sales.

  • The industry raised an estimated $4.3 billion.
  • There were five new offerings which equaled the most since 2012.

This report will summarize and illustrate the most important trends in the nontraded BDC industry observed in 2015.

  • Capital Raise: Total Industry and By Sponsor
  • Sponsor Trends and New Fund Offerings
  • Total Returns of Nontraded BDCs
  • Distribution Yields and Trends
  • Innovations in Fund Structures and Fees

The 2015 BDC Brief is now available to all Blue Vault Subscribers. Log in to BlueVaultPartners.com and click on “Subscriber-Only Research” in the top menu and choose “Briefs – Years In Review” from the drop-down list.

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