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Activist investor Stilwell puts forward nominees for ABDC board

The activist investor is taking a stand after Alcentra’s mid-market lending vehicle didn’t buy back 10% of its stock in 2018.

MCC, MDLY, Sierra merger receives endorsement from ISS

The Institutional Shareholder Service recommends voting in favour of the proposed transaction, despite more than 11% of MCC shareholders coming out against it.

WhiteHorse, STRS of Ohio create JV to invest in the mid-market – updated

The two entities created a joint venture with $125m of committed capital with the hope of acquiring additional financing.

Medley soldiers on with merger amid shareholder backlash

MCC has faced scrutiny from shareholders over plans to merge with MDLY, despite an independent committee finding it to be the best option for the portfolio's performance.

Owl Rock NAV per share dips in Q4, posts 11.4% net total returns

The BDC has originated $11.1 billion of loans since its inception almost three years ago.

Carlyle BDC president to rejoin Morgan Stanley – exclusive

Jeffrey Levin’s duties will be divided among the firm’s other executives.

HTGC breaks its own record with $1.21bn in commitments during 2018

The BDC passed its prediction of $1.1bn of investments for the year that was made at the end of the third quarter.

BGSL-backed vehicle enters a revolving credit facility

BGSL Breckenridge Funding began the $400m facility with BNP Paribas in December.

3 takeaways on the private debt secondaries market

Houlihan Lokey’s Jeff Hammer says that while there is a broad base of potential actors, that loans are repaid over a given period or refinanced likely constrains the size of the market.

Hedge fund Moab is third large shareholder to oppose MCC merger – update

Moab Capital Partners joins two other shareholders that have come out publicly against the deal, meaning that approximately 9% of the total shares stand in opposition to the transaction.

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