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SUNS and SLRC post stable results at the end of 2018

Both vehicles, which are backed by Solar Capital Partners, are working toward reducing their portfolio risk.

TPG BDC boosts income but slows investment pace

TPG said it will focus on risk adjusted returns over market share amid “irrational” behaviour in credit markets.

HTGC posts stable results at the end of 2018

Despite muted NII growth and a slight decline in NAV, the BDC saw strong returns during the fourth quarter.

TCW raising its seventh direct lending vehicle

The fund will operate as a business development company and is targeting $2.5bn.

Ares posts double-digit direct lending returns for 2018

The firm raised almost $32bn for its credit strategies, with leverage facilities included, the bulk of which came from Ares Capital Europe IV.

Medley receives offer for SBIC programme from Origami Capital

The new $45m bid comes after NexPoint Advisors made an offer for combining MCC into its sister BDC, Sierra Income Corporation.

Q4 volatility ‘another tantrum’ rather than start of a downturn: Golub

The firm’s new investments were still tilted toward unitranche loans, but senior secured loans made up a larger share than in the third-calendar quarter.

AINV posts NII losses as it continues pivot toward core assets

Apollo’s BDC saw a NII loss of 1.9% in the fourth quarter, but was able to decrease its non-core assets to 16.7% of the portfolio.

MCC merger shareholder vote gets delayed until March

The vote was originally scheduled for 8 February but was moved back because of setbacks caused by the US government shutdown.

Bain BDC gets OK to up borrowing capacity

The firm joins the ranks of other business development companies that have successfully sought approval to do so.

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