Ares Management Prices European Direct Lending CLO II at Over €300 Million
Ares Management Prices European Direct Lending CLO II at Over €300 Million February 19th, 2026
Prosek’s Schaffer says communications can sway shareholder-activism cases
Brian Schaffer, managing director at Prosek Partners -- and the head of special situations for the public-relations firm -- discusses the changing face of shareholder activism for closed-end funds, and the role that communications has in helping investors measure...
AICA’s Scott: 1 interview, 2 funds to consider, 3 questions answered
John Cole Scott, chief investment officer at Closed-End Fund Advisors and the founder and executive chairman of the Active Investment Company Alliance does a quick 1-2-3 in this week's edition of The NAVigator, answering three questions from the audience...
BDC’s have been in buying territory through the pandemic, says Rowe
Bryce Rowe, senior equity research analyst for business development companies at National Securities Corp., returns to the NAVigator to revisit business-development companies now. In his last appearance -- just days before the stock market bottomed out from its winter swoon...
Axel Merk on contending with activists
Axel Merk, Founder and CEO of Merk Investments, talks about his firm’s ASA Gold and Precious Metals fund (ASA), a non-diversified closed-end precious metals and mining fund established in 1958. Merk discusses the impact that activist hedge fund Saba Capital Management is having on the fund and its shareholders as it moves to change the board and close ASA’s discount. He also gives his view of the current state of the gold and silver market.
What struggles in the BDC market portend in a changing rate cycle
Nicholas Marshi, editor at the BDC Reporter, talks about the struggles business development companies had at the end of 2023, when he acknowledges being shocked to see that more than one-third of the BDCs tracked by...
