A potential provider of the yield that investors are hungry for, business development companies may play a much bigger role in funding medium-sized companies in the US in future. However, having only been launched in the 1980s, institutional and retail investors – as well as legislators – still have a lot to learn about this burgeoning area of investment.
Many investors still know little about how BDCs work
Despite significant growth in the industry over the last 10 years, BDCs are still not well known or understood, says Eversheds Sutherland's Cynthia Krus
