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). For instance, Hercules and Horizon usually offer revolving or term loans.

Leveraged Buyouts 130

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

Private Equity Wire

OCTOBER 9, 2023

At particular risk are unitranches, business development companies, older vintage funds with highly levered deals, and recurring revenue loans.” The report cites a note from Bank of America which stated: “Potential problematic situations within private debt remain unaddressed and are likely to surface near term.

Banks 81

Banks Business Development Companies Leveraging Debt 81

The Motley Fool

APRIL 20, 2024

One type of business that income-focused investors might have come across is the business development company (BDC) , which invests in the debt and equity of middle-market companies. However, BDCs can employ very different strategies and not all are created equal.

Capital 130

Capital Initial Public Offering Debt Collateral 130

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.

Funds 130

Funds Financing Finance Capital 130

The Motley Fool

JUNE 18, 2023

Since their inception in the 1980s by an act of Congress, business development companies (BDCs) have often delivered market-beating total returns for shareholders. This is because the company can leverage its investment-grade balance sheet to take out loans at reasonably low interest rates.

Capital 130

Capital Investing Startups Shareholders 130

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. This can require lots of effort when it comes to performing due diligence, and there's always the risk that you could be wrong.

Leveraged Buyouts 130

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

The Motley Fool

FEBRUARY 1, 2024

million in net debt, its net-leverage ratio is a modest 0.31. Furthermore, the company is slated to complete a number of projects in 2024, which should lead to considerably lower capital expenditures next year. Though it closed out 2023 with $277.3 PennantPark pays its outsized dividend on a monthly basis.

Debt 246

Debt Investing Liabilities Private Companies 246

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). and Realty Income wasn't one of them.

Investing 246

Investing Debt Assets 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. What makes Ares a bit different than Hercules is that the company tends to focus on lower middle-market businesses across a wider array of industries.

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

The Motley Fool

AUGUST 25, 2023

What this added protection does is allow AGNC to deploy leverage to bolster its profits and sustain its juicy payout.

Debt 246

Debt Investing Initial Public Offering Capital 246

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

Pension Pulse

JANUARY 31, 2024

Nevertheless, the more NBFIs look like banks – for example, with open-ended short-term funding, high levels of leverage, significant derivative exposures – the more liquidity they should hold and be required to hold. As a consequence, banks must submit to more stringent regulation. That’s the deal, Jamie, and you know it.

Banks 59

Banks Pension Funds Investing Financial Institutions 59

The Motley Fool

APRIL 28, 2024

Let's break down five companies that are established dividend payers, and assess why holding each of these stocks over a long-term time horizon can lead to massive gains for your portfolio. Hercules Capital Hercules Capital (NYSE: HTGC) is a business development company (BDC). yield and prepare to hold for the long-run.

Leveraged Buyouts 244

Leveraged Buyouts Due Diligence Buyout Venture Capital 244

The Motley Fool

NOVEMBER 30, 2023

While this added protection does lower the yield Annaly receives on the MBSs it purchases, it also enables the company to prudently leverage its investments. This leverage allows Annaly to maximize its profit potential and sustain a double-digit yield. Lastly, the Treasury yield-curve inversion has lessened in recent months.

Debt 240

Debt Initial Public Offering Leveraging Capital 240

The Motley Fool

AUGUST 11, 2023

This added protection allows AGNC to prudently leverage its bets in the MBS space in order to pump up its profit potential. This leverage also supports the company's juicy payout. A BDC is a company that invests in either the equity (common or preferred stock) or debt of middle-market businesses.

Investing 246

Investing Debt Legal Leveraging 246

Pension Pulse

SEPTEMBER 28, 2023

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

Private Equity Insights

MARCH 17, 2023

Lately, much attention has been lavished on Ares Capital, the unit created in 2004 to provide financing for middle-market acquisitions, recapitalizations, and leveraged buyouts. The amount of business that banks do with us now is more than it has ever been.” In 2022, Ares’ direct lending tied to such buyouts totaled $26.4

Pension Funds 130

Pension Funds Buyout Asset Management Leveraged Buyouts 130

The Big Picture

APRIL 1, 2023

Churchill’s publicly registered business development company. Kencel, who has more than three decades of experience in the investment industry, also serves as chairman of the board, president, and CEO of Nuveen Churchill Direct Lending Inc.,

Asset Management 65

Asset Management Assets Mergers and Acquisitions Financing 65

The Motley Fool

JANUARY 23, 2024

While this added protection reduces the yield Annaly receives on the MBSs it purchases, it also allows the company to utilize leverage to maximize its profit potential. An "agency" security is backed by the federal government in the event of default. Image source: Getty Images.

Debt 245

Debt Public Companies Capital Assets 245