Remove Business Development Companies Remove Collateral Remove Leveraging
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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
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Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

“It gets back to the ability to grow the operating performance of the companies and making sure that returns” come from that rather than from “financial leverage,” he tells Bloomberg. The amount of distressed debt owed by portfolio businesses of the 50 biggest PE firms has climbed 18% since mid-March to $42.7

Buyout 59
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Private Credit, Meet “Higher for Longer”

Blackstone

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.