Remove Business Development Companies Remove Collateral Remove Initial Public Offering
article thumbnail

Better High-Yield Buy: Hercules Capital or PennantPark?

The Motley Fool

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
article thumbnail

Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

To clear a path for a potential initial public offering that could come as early as 2026, prospective advisers have suggested pushing this debt up into the holding company or getting cash from a pre-IPO investor, the same people say. They took on heavy debts when buying TK Elevator including a roughly €2 billion ($2.1

Buyout 59