Nontraded BDC
Sierra Income Corporation Exceeds $900 Million in Total Equity Capital Raised January 11, 2017

Sierra Income Corporation Exceeds $900 Million in Total Equity Capital Raised

Sierra Income Corporation Exceeds $900 Million in Total Equity Capital Raised January 10, 2017 11:58 AM Eastern Standard Time     NEW YORK--(BUSINESS WIRE)--Sierra Income Corporation (the “Company”), a non-traded business development company, today announced that it surpassed $900 million in total equity capital raised as of December 31, 2016. “This is a significant milestone,…
Nontraded BDCs Post Annualized Return of 14.7% December 9, 2016

Nontraded BDCs Post Annualized Return of 14.7%

Nontraded BDCs Post Annualized Return of 14.7% December 9, 2016 | Blue Vault Nontraded BDCs this year have produced a median annualized return of 14.7%. Through the end of September 2016, BDCs have performed exceptionally well despite the slowest capital raise in four years. "Unfortunately, many investors are missing out on these returns because financial…
Why investors should be giving BDCs a look December 5, 2016

Why investors should be giving BDCs a look

Why investors should be giving BDCs a look November 23, 2016 @ 7:28 am | Investment News Runtime: 1:39 There are various alternative products that can generate income. Chris Reece of FS Investments explains the different types of BDCs and why they’re a good strategy for investors. View Video Here
FS Investments BDCs Close on Nearly $1 Billion of Middle Market Commitments in the Third Quarter December 1, 2016

FS Investments BDCs Close on Nearly $1 Billion of Middle Market Commitments in the Third Quarter

FS Investments BDCs Close on Nearly $1 Billion of Middle Market Commitments in the Third Quarter Includes four commitments of more than $100 million PHILADELPHIA, PA, December 1, 2016 – FS Investments, a leading alternative investment manager, announced that its business development company (BDC) direct lending platform committed approximately $988 million in senior secured loans…
BDC giant FS Investments replaces CFO after resignation November 28, 2016

BDC giant FS Investments replaces CFO after resignation

BDC giant FS Investments replaces CFO after resignation By Daniel Lanyon on 23rd November 2016 | Alt FI Credit The recently rebranded FS Investments, formerly Franklin Square Capital, has made replaced outgoing chief financial officer for two of its Business Development Companies. Michael Lawson has resigned as chief financial officer from two business development companies…
FS Energy and Power Fund Closes to New Investors November 21, 2016

FS Energy and Power Fund Closes to New Investors

FS Energy and Power Fund Closes to New Investors November 21, 2016 | by Jared Schneider | Blue Vault FS Energy and Power Fund, a non-traded BDC, closed its public offering to new investors on November 17, 2016. The final closing for any outstanding subscriptions that were accepted by the Company will occur on November…
Corporate Capital Trust Closes to New Investors November 3, 2016

Corporate Capital Trust Closes to New Investors

Corporate Capital Trust Closes to New Investors Wednesday, November 2, 2016 6:24 PM UTC | EconoTimes Orlando, Fla., Nov. 02, 2016 -- Corporate Capital Trust announced that it successfully completed its common stock offering and closed to new investors after raising more than $3 billion in capital. Since its initial public offering began in April…
CION to Acquire Credit Suisse BDC October 10, 2016

CION to Acquire Credit Suisse BDC

CION to Acquire Credit Suisse BDC October 11, 2016 | By Beth Glavosek | Blue Vault On September 30, 2016, Park South Funding, a subsidiary of CION, announced a Purchase and Sale Agreement to acquire Credit Suisse Park View BDC for a gross purchase price of $276,852,116. Jared Schneider, a Managing Partner at Blue Vault,…
FS Investments Taps Goldman Sachs’ Steve DeAngelis to Head Sales October 6, 2016

FS Investments Taps Goldman Sachs’ Steve DeAngelis to Head Sales

FS Investments Taps Goldman Sachs’ Steve DeAngelis to Head Sales Industry veteran joins leading alternatives manager as it expands its distribution channels PHILADELPHIA, Oct., 5, 2016 – FS Investments, a leading alternative asset manager, announced that it has hired Steve DeAngelis as Executive Vice President and Head of Distribution. Mr. DeAngelis will serve on the…

Don't miss alts news and educational events. Subscribe Now

Browse Learning Opportunities

THE BLUE VAULT MINUTE

Insights for advisors from advisors

Webinars

Asset managers, service providers and Blue Vault on alts topics

Podcasts

Breaking down alts one-on-one with asset managers and service providers

Videos

Short, impactful clips from webinars, podcasts and events

The alternative investments industry is
expected to grow to $17 trillion by 2025.

Learn Why