Saratoga’s Oberbeck on the state of private credit ahead of interest rate cuts
Chris Oberbeck, Chairman and Chief Executive Officer at Saratoga Investment Corp., says that private credit — which has been on the rise for several years — is being challenged by a cooling market for mergers and acquisition activity. That has put...
Skadden: DOJ Launches Corporate Whistleblower Awards Pilot Program and Announces a New Incentive for Self-Reports
Skadden: DOJ Launches Corporate Whistleblower Awards Pilot Program and Announces a New Incentive for Self-Reports August 5th, 2024
Liberty Street Advisors: The Private Shares Fund: Quarterly Commentary – Q2 2024 (PDF)
Liberty Street Advisors: The Private Shares Fund: Quarterly Commentary - Q2 2024 (PDF) August 5th, 2024
Destra: Hot Bond Bull Summer
Destra: Hot Bond Bull Summer August 5th, 2024
BR Res & Com Stgy Tr
The BlackRock closed-end funds (the “Funds”) announced the expiration and preliminary results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer
Nuveen/Churchill BDC 2Q Yield Bests Overall Sector Average
Nuveen’s debt-focused business development company (BDC) generated net investment income in the second quarter of 2024 to support a 12.3% annualized dividend yield to shareholders — besting the 10.65% average Q2 yield for debt-focused BDCs across CEFData.com’s Debt-Focused BDC Index. The index benchmarks equal-weight BDCs that trade $1 million a day in average liquidity over the previous quarter.