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

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

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

JULY 17, 2023

Some are owned by Berkshire subsidiary New England Asset Management (NEAM). But that nonetheless means that the Oracle of Omaha has a stake in them. Ares Capital Ares Capital (NASDAQ: ARCC) is the largest publicly traded business development company (BDC).

Stakes 189

Stakes Capital Banks Business Development Companies 189

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

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. Don't overlook PennantPark's investment diversification, either.

Investing 246

Investing Debt Business Development Companies Capital 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