The Motley Fool

SEPTEMBER 19, 2023

Instead, it's owned by Berkshire's subsidiary, New England Asset Management. Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company ( BDC ). It provides financing to middle-market businesses that often encounter challenges securing capital from banks.

Conglomerates 130

Conglomerates Capital Business Development Companies Asset Management 130

Private Equity Wire

NOVEMBER 13, 2023

Kayne Anderson Private Credit, a middle-market direct lending platform with $5bn in assets, has sold a passive minority stake in itself to Bonaccord Capital Partners, a subsidiary of asset manager P10 Inc, according to a report by Bloomberg.

Stakes 64

Stakes Private Equity Firms Private Equity Firms Business Development Companies 64

Private Equity Wire

AUGUST 4, 2023

Institutional investors using BDCs to access private credit market Submitted 04/08/2023 - 10:24am Business Development Companies (BDCs), investment vehicles originally aimed at retail buyers, are increasingly being used by institutional investors to access the $1.5tn private credit market, according to a report by Bloomberg.

Investors 52

Investors Business Development Companies Asset Management Assets 52

The Motley Fool

JULY 14, 2023

Companies that offer a regular payout to their shareholders are usually profitable on a recurring basis and time-tested. PennantPark has the highest yield among the three companies listed here (11.4%) and doles out its payout on a monthly basis. Roughly 10 years ago, J.P.

Investing 246

Investing Debt Business Development Companies Asset Management 246

The Motley Fool

JUNE 18, 2023

However, Buffett does own shares of the stock via Berkshire's subsidiary, New England Asset Management (NEAM). That yield is so high in large part because Ares is a business development company (BDC). BDCs provide financing to small-to-medium-sized businesses. regulatory filings disclosing its holdings.

Stakes 130

Stakes Capital Business Development Companies Asset Management 130

The Motley Fool

MARCH 6, 2024

dividend yield Hercules Capital (NYSE: HTGC) is a business development company (BDC) that specializes in providing capital to venture-backed start-ups. New England Asset Management (NEAM) is a subsidiary of Berkshire, and one of its positions is none other than Ares. Hercules Capital: 10.6%

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

The Big Picture

APRIL 1, 2023

 This week, we speak with Ken Kencel, who is president and chief executive officer of Churchill Asset Management, a private credit firm with $46 billion in assets under management that was the top US private equity lender in the 2022 PitchBook league tables and was named 2022 Lender Firm of the Year by The M&A Advisor.

Asset Management 65

Asset Management Assets Mergers and Acquisitions Financing 65

The Motley Fool

DECEMBER 8, 2023

Ares Capital Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company (BDC). It provides financing to middle-market businesses with a special focus on the upper end of this market. Ares has roughly $395 billion in assets under management.

Assets 246

Assets Business Development Companies Asset Management Capital 246

Private Equity Insights

MARCH 17, 2023

Ares Management Corp. It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. Apollo Global Management, and KKR.

Pension Funds 130

Pension Funds Buyout Asset Management Leveraged Buyouts 130

The Motley Fool

JUNE 23, 2023

Morgan Asset Management, a division of money-center bank JPMorgan Chase , released a study that compared the performance of publicly traded companies that initiated and grew their payouts between 1972 and 2012 to public companies that didn't offer a payout over the same timeline. In 2013, J.P.

Investing 246

Investing Debt Asset Management Assets 246

The Motley Fool

DECEMBER 3, 2023

It's a business development company (BDC) that's required to distribute at least 90% of its income to shareholders in the form of dividends to be exempt from federal taxes. Rithm has subsidiaries that handle title insurance, manage appraisals, manage investments, and rent single-family homes.

Investing 246

Investing Capital Business Development Companies Asset Management 246

The Motley Fool

MAY 5, 2024

Hercules Capital Hercules Capital (NYSE: HTGC) is a business development company ( BDC ) that allows individual investors to take part in the previously elusive world of venture capital investing. It slashed its dividend in 2022 to compensate for the spin-off of its media assets. At recent prices, the stock offers a 6.6%

Initial Public Offering 130

Initial Public Offering Venture Capital Startups Capital 130

The Motley Fool

AUGUST 11, 2023

Approximately 10 years ago, the wealth management division of money-center bank JPMorgan Chase , J.P. Buying dividend stocks just happens to be one of the smartest and safest strategies to build wealth and generate income. PennantPark Floating Rate Capital: 10.8%

Investing 246

Investing Debt Legal Leveraging 246

The Motley Fool

JULY 20, 2023

In other words, they're businesses that have demonstrated their staying power to investors through thick and thin. Morgan Asset Management, a division of money-center bank JPMorgan Chase , publicly traded companies that initiated and grew their payouts between 1972 and 2012 produced an annualized return of 9.5%.

Debt 189

Debt Financing Finance Assets 189