Nontraded BDC- Page 6 of 7

Nontraded BDC

August 23, 2016

FS Investments Closes on over $830 Million of Q2 Middle Market Commitments

FS Investments Closes on over $830 Million of Q2 Middle Market Commitments Second quarter deal activity includes three new $100+ million commitments PHILADELPHIA, PA, August 23, 2016 – FS Investments, a leading alternative investment manager, announced that its business development company (BDC) direct lending platform committed over $830 million to middle market companies…

August 19, 2016

Hines Closing BDC in Early 2017

Hines Closing BDC in Early 2017 August 19, 2016 | by Beth Glavosek | Blue Vault On August 16, Hines Securities disclosed that the board of directors of HMS Income Fund authorized the closing of its continuous public offering of common stock to new investors on or about March 31, 2017. The board…

August 5, 2016

NexPoint Multifamily Capital Trust Announces First Distribution

NexPoint Multifamily Capital Trust Announces First Distribution August 5, 2016 | by Beth Glavosek | Blue Vault Dallas-based NexPoint Multifamily Capital Trust, Inc. (NMCT) has declared its first distribution to stockholders. The daily distributions will accrue to Class-A stockholders of record as of the close of business on each day of the period…

August 5, 2016

Finra launches exam sweep of business development companies

Finra launches exam sweep of business development companies One area the regulator is focusing on is brokers who have selling agreements with each BDC Aug 4, 2016 @ 1:46 pm | By Mark Schoeff Jr. | Investment News Finra has launched an examination sweep of nontraded business development companies, the latest alternative investment product to…

July 27, 2016

Schorsch’s AR Global to sell BDC adviser to Benefit Street Partners

Schorsch's AR Global to sell BDC adviser to Benefit Street Partners While terms were not released, the price tag could be as much as $70 million Jul 26, 2016 @ 3:17 pm | By Bruce Kelly | Investment News AR Global, the alternative investment sponsor controlled by Nicholas Schorsch, said on Monday it…

July 18, 2016

Sierra Income Corporation Increase in Public Offering Price

Sierra Income Corporation Increase in Public Offering Price July 14, 2016 06:16 PM Eastern Daylight Time | Businesswire.com NEW YORK--(BUSINESS WIRE)--A committee of the board of directors (the “Board”) of Sierra Income Corporation (“SIC”) has approved an increase in its public offering price from $9.00 per share to $9.05 per share. The increase…

July 1, 2016

Franklin Square Upsizes Commitment to Greystone

Franklin Square Upsizes Commitment to Greystone $50 million commitment expands Greystone's short-term lending platform Jun 30, 2016, 08:00 ET from Franklin Square Capital Partners PHILADELPHIA, June 30, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced a $50 million upsizing of its senior secured loan…

June 8, 2016

NexPoint Capital, Inc. Announces Tender Offer For Common Stock

Jun 01, 2016, 08:30 ET from NexPoint Capital, Inc. DALLAS, June 1, 2016 /PRNewswire/ -- NexPoint Capital, Inc. (the "Company"), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about June 1, 2016 (the "Tender Offer")…

May 17, 2016

Corporate Capital Trust II to Begin Disclosing Net Asset Value on a Monthly Basis

Orlando, Fla., May 12, 2016 (GLOBE NEWSWIRE) -- Corporate Capital Trust II, a new, non-traded business development company (BDC), announced that beginning in May 2016, it will publish its net asset value on a monthly basis. This data point is generally provided on a quarterly basis among those in the industry, making Corporate Capital Trust…