Private Equity Wire

MARCH 21, 2024

The fund, which furthers the existing relationship between Apollo and Abu Dhabi sovereign wealth fund Mubadala beginning in 2020, is structured as a business development company and will not charge a fee during the first year, waiving half of fees the following year. These fees include a 1% management fee and a 12.5%

Funds 96

Funds Business Development Companies Management Fees Leveraging 96

The Motley Fool

APRIL 28, 2024

The VanEck BDC Income ETF holds nothing but business development companies , or BDCs for short. Their business, however, is providing capital to up-and-coming companies that usually aren't publicly traded. This ETF's actual effective management fee is a mere 0.4%. A word of warning here.

Exchange-Traded Funds 100

Exchange-Traded Funds Taxes Business Development Companies Stakes 100

The Motley Fool

JANUARY 23, 2024

Mortgage REITs like Annaly want to borrow money at low short-term lending rates and use this capital to buy higher-yielding long-term assets, such as mortgage-backed securities (MBS). Not having the nation's central bank as a buyer of MBSs opens the door for Annaly to land more lucrative MBSs for its own asset portfolio.

Debt 245

Debt Public Companies Capital Assets 245