June 16, 2017
Griffin Capital’s BDC to Merge with Griffin’s Credit Interval Fund
Griffin Capital’s BDC to Merge with Griffin’s Credit Interval Fund June 16, 2017 | by Jared Schneider | Blue Vault According to a filing from Griffin Institutional Access Credit Fund, there …

Read more

Blue_OrangeNewsAlert_2

Griffin Capital’s BDC to Merge with Griffin’s Credit Interval Fund

June 16, 2017 | by Jared Schneider | Blue Vault

According to a filing from Griffin Institutional Access Credit Fund, there will be a special stockholder meeting to vote on the combination and reorganization of Griffin-Benefit Street Partners BDC Corp. and Griffin Institutional Access Credit Fund. This proposal will essentially roll the BDC into the credit interval fund, and also withdraw the BDC designation from the fund.

Among the highlights of the proposal that Griffin Capital will be covering the expense of the reorganization, they anticipate lower overall expenses for the BDC shareholders, and potentially more liquidity, but the investment strategy becomes much less narrowly focused on private U.S. company debt as the interval fund can be more opportunistic in areas of credit.

didyouknow_sponsorfocus-green

Learn more about Griffin Capital Company, LLC on our Sponsor Focus page. 

Click Here

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now