The Motley Fool

FEBRUARY 16, 2024

Ares is a leading business development company ( BDC ) based in the U.S. As a direct lender, it supplies the capital that private companies need to fund and grow their operations. Ares typically serves established businesses with revenue of $10 million to $1 billion.

Business Development Companies 245

Business Development Companies Capital Private Companies Debt 245

Private Equity Wire

APRIL 25, 2024

The firm recently completed its third US collateralised loan obligation transaction and also celebrated the ten year anniversary of the IPO of its publicly traded business development company, New Mountain Finance Corporation. Since inception, New Mountain Capital has invested approximately $15.1bn in credit.

Capital 83

Capital Funds Business Development Companies Leveraging 83

The Motley Fool

MARCH 17, 2024

But with so many opportunities out there, it's challenging to identify companies that both pay dividends and consistently perform at a high level. One good place to source ideas is to look at business development companies (BDCs). Horizon Technology Finance: Dividend yield 11.4% dividend yield.

Leveraged Buyouts 130

Leveraged Buyouts Exchange-Traded Funds Private Equity Firms Private Equity Firms 130

The Motley Fool

MARCH 25, 2024

Ares Capital Ares Capital (NASDAQ: ARCC) is the largest publicly traded business development company (BDC). The company provides financing to middle-market businesses with a special focus on the upper end of that market. The company's total return has trounced the S&P 500 over the long run.

Capital 130

Capital Business Development Companies Financing Finance 130

Private Equity Wire

MARCH 20, 2024

Fowler previously co-led the global private finance group at Barings until 8 March, while Tucker served as Global Head of Operations until his departure in January 2023. Barings will not sit idly by and allow the defendants’ misconduct to occur.” We will continue to fund existing commitments.”

Legal 82

Legal Investing Asset Management Financing 82

The Motley Fool

FEBRUARY 18, 2024

The company's dividend yield of 9.49% would enable you to make well nearly $3,638 in passive income this year. Ares Capital offers such a high yield primarily because of its business structure. Of course, the company must generate plenty of income in the first place to have enough to pay dividends.

Investing 239

Investing Capital Business Development Companies Taxes 239

Private Equity Wire

NOVEMBER 7, 2023

As part of her new role, Arsov will promote engagement across MIS rating groups, including Financial Institutions, Corporate Finance, and Structured Finance, and will deepen existing analytical capabilities for business development companies, CLOs, and other private credit-related assets.

Financial Institutions 81

Financial Institutions Banks Financing Finance 81

Private Equity Insights

SEPTEMBER 28, 2023

Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. Overland Advisors is targeting a minimum of $5bn in investible capital, including $2.5bn in equity commitments for this strategy.

Funds 130

Funds Financing Finance Capital 130

The Motley Fool

JUNE 27, 2023

Miller has been serving as an advisor to Emergent for several months, the company said. Miller is a veteran of the finance sector, having worked at entities such as merchant banks and business development companies, according to his LinkedIn page.

Business Development Companies 130

Business Development Companies Banks Financing Finance 130

The Motley Fool

JULY 5, 2023

Prospect received new financing in May that will likely result in it resuming payments before the end of 2023. yield PennantPark Floating Rate Capital (NYSE: PFLT) is a business development company (BDC), which is another type of entity that can avoid paying taxes by distributing nearly all its profits to shareholders as a dividend.

Investing 246

Investing Taxes Prospects Shareholders 246

The Motley Fool

FEBRUARY 23, 2024

Ares Capital ranks as the largest publicly traded business development company (BDC). It focuses on providing financing to the upper end of the middle market. This, along with the company's diversified portfolio, means Ares Capital's investments are less risky -- which is good news for long-term investors.

Initial Public Offering 172

Initial Public Offering Business Development Companies Capital Financing 172

The Motley Fool

DECEMBER 4, 2023

PennantPark Floating Rate Capital PenantPark Floating Rate Capital (NYSE: PFLT) is a business development company ( BDC ) that offers investors a huge 10.9% America's BDCs exist to finance middle-market businesses that the country's biggest banks tend to ignore. yield at recent prices.

Debt 233

Debt Investing Earnings Before Interest Amortization 233

Private Equity Wire

SEPTEMBER 27, 2023

Centerbridge has launched a new subsidiary, Overland Advisors, to manager the business-development company, an investment vehicle popular in private credit. Wells Fargo, the fourth-largest US bank, will provide client sourcing from its middle market customer base, as well as making a minority investment in the fund.

Funds 81

Funds Business Development Companies Banks Financing 81

The Motley Fool

FEBRUARY 26, 2024

Ares ranks as the largest publicly traded business development company (BDC). Larger companies have also increasingly turned to direct lending for raising capital in part because of the speed in closing financing deals. Many banks have shied away from middle-market direct lending.

Capital 130

Capital Business Development Companies Banks Financing 130

The Motley Fool

FEBRUARY 1, 2024

PennantPark Floating Rate Capital: 10.79% yield The third ultra-high-yield stock that can help you bring home $1,000 in dividend income in 2024 from a beginning investment of $9,750 (split equally in thirds) is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

Debt 246

Debt Investing Liabilities Private Companies 246

The Motley Fool

FEBRUARY 27, 2024

While many companies pay dividends, business development companies (BDCs) represent a unique and potentially lower-risk way of adding substantial passive income to your portfolio. Over the past decade, this company's stock has returned 152% to investors (with dividends reinvested).

Leveraged Buyouts 130

Leveraged Buyouts Due Diligence Initial Public Offering Exchange-Traded Funds 130

The Motley Fool

JANUARY 22, 2024

Ares Capital Ares Capital (NASDAQ: ARCC) is the largest publicly traded business development company (BDC) based on market cap. It provides financing to middle-market businesses with a focus on the upper tier of the market. The company's dividend yield is nearly 9.5%.

Initial Public Offering 130

Initial Public Offering Business Development Companies Capital Prospects 130

The Motley Fool

NOVEMBER 24, 2023

Ares Capital Ares Capital (NASDAQ: ARCC) ranks as the largest publicly traded business development company (BDC) on the market. Its assets under management total $395 billion, with roughly two-thirds of that amount going toward credit financing for middle-market businesses.

Business Development Companies 130

Business Development Companies Capital Shareholders Financing 130

The Motley Fool

JULY 27, 2023

Ares Capital Ares Capital (NASDAQ: ARCC) is a large business development company (BDC) that essentially acts as a lender to many of the midsized businesses that large banks tend to ignore. Plus, new financing that Prospect received in May could help it bounce back more quickly than previously expected.

Investing 245

Investing Prospects Taxes Capital 245

The Motley Fool

SEPTEMBER 18, 2023

Ares Capital ranks as the largest publicly traded business development company (BDC). It provides financing to middle-market businesses that banks sometimes shun. You might not have heard of NEAM, but it's been a wholly owned subsidiary of Berkshire Hathaway since the giant conglomerate acquired General Re in 1998.

Initial Public Offering 147

Initial Public Offering Conglomerates Capital Debt 147

The Motley Fool

FEBRUARY 10, 2024

The business development company (BDC) offers a dividend yield of more than 9.6%. Schnabel noted that the weighted-average EBITDA of the BDC's portfolio companies jumped 9% year over year in Q4. You'll find some members of that category that especially stand above the rest of the pack.

Investors 130

Investors Prospects Capital Business Development Companies 130

The Motley Fool

AUGUST 23, 2023

A yield trap can come about for a few reasons, including a burdensome debt load, a declining business, or an elevated dividend payout ratio. Sporting a whopping 10% dividend yield, investors may initially think that the business development company ( BDC ) Ares Capital (NASDAQ: ARCC) is a yield trap.

Capital 130

Capital Earnings Before Interest Amortization Depreciation 130

The Motley Fool

SEPTEMBER 19, 2023

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. This one won't be found in Berkshire Hathaway's regulatory filings, though.

Conglomerates 130

Conglomerates Capital Business Development Companies Asset Management 130

The Motley Fool

DECEMBER 15, 2023

While many different types of companies pay dividends, one of the more generous types is business development companies (BDCs). Hercules Technology Growth Capital (NYSE: HTGC) is a leading BDC that specializes in a vehicle called venture debt for life sciences, energy, and technology businesses.

Returns 130

Returns Initial Public Offering Private Equity Firms Private Equity Firms 130

The Motley Fool

JANUARY 4, 2024

PennantPark Floating Rate Capital: 10.17% yield A second high-yield stock capable of producing $100 in super safe monthly dividend income in 2024 from an initial investment of $11,925 (split three ways) is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

Investing 246

Investing Debt Assets Capital 246

The Motley Fool

JUNE 18, 2023

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. However, Buffett does own shares of the stock via Berkshire's subsidiary, New England Asset Management (NEAM). Ares Capital offers a dividend yield of over 10.3%.

Stakes 130

Stakes Capital Business Development Companies Asset Management 130

The Motley Fool

AUGUST 25, 2023

PennantPark Floating Rate Capital: 11.75% yield A second ultra-high-yield dividend stock that can provide $200 in super safe annual-dividend income from an initial investment of just $1,750 (split equally, three ways) is under-the-radar business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

Debt 246

Debt Investing Initial Public Offering Capital 246

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. Hercules is different from a typical bank as it tends to offer more flexible financing options. Hercules Capital: 10.6%

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

The Motley Fool

FEBRUARY 17, 2024

Not counting corporate-level write-downs, more than 80% of last year's pre-tax income came from the automobile industry, with more than two-thirds of it being driven by auto financing alone. That was an incredibly fortunate business mix in 2021 and then again in 2023, when demand for new cars was huge.

Banks 130

Banks Capital Liabilities Business Development Companies 130

Pension Pulse

JANUARY 31, 2024

That borrowers can secure loans through several non-bank models provides a wider range of competitive financing sources that strengthens our financial system. Because they aren’t traded, private credit funds tend to be less volatile than their publicly traded counterparts, such as business development companies, or BDCs.

Banks 59

Banks Pension Funds Investing Financial Institutions 59

Pension Pulse

SEPTEMBER 28, 2023

The Scheme is not subject to any financing condition. To meet the alternative credit needs of this segment, Centerbridge intends to launch Overland Advisors to manage a newly formed business development company that will be primarily focused on making senior secured loans.

Shareholders 52

Shareholders Banks Financing Finance 52

Blackstone

NOVEMBER 16, 2023

4 To discuss the opportunities in this rising asset class and how to navigate the benefits and challenges of higher-for-longer rates, I welcome, as indicated below, the perspectives of Jonathan Bock, Co-CEO of Blackstone’s Business Development Companies (BDCs) and Global Head of Market Research for Blackstone Credit.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

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. These ultra-high-yield dividend stocks are bargain buys right now.

Assets 246

Assets Business Development Companies Asset Management Shareholders 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. More importantly, the company has a more stringent risk management approach than most of its peers. Ares Capital stands out from most BDCs, though.

Investing 246

Investing Capital Business Development Companies Asset Management 246

The Motley Fool

NOVEMBER 30, 2023

yield A second ultra-high-yield stock capable of producing exceptionally safe dividend income that more than doubles the yield on Treasury bonds is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). This means financing deals will usually have a premium rate that favors the lender.

Debt 240

Debt Initial Public Offering Leveraging Capital 240

The Motley Fool

JANUARY 2, 2024

PennantPark Floating Rate Capital: 10.17% yield A second ultra-high-yield dividend stock that stands head-and-shoulders above its peers as a screaming buy in 2024 is business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT).

Debt 242

Debt Liabilities Capital Business Development Companies 242

The Motley Fool

DECEMBER 5, 2023

PennantPark Floating Rate Capital: 10.95% yield A second incomparable ultra-high-yield dividend stock that's begging to be added to income seekers' portfolios in December is little-known business development company (BDC) PennantPark Floating Rate Capital (NYSE: PFLT). But there's far more to this story.

Debt 246

Debt Liabilities Assets Capital 246