Schorsch's AR Global to sell BDC adviser to Benefit Street Partners While terms were not released, the price tag could be as much as $70 million Jul 26, 2016 @ 3:17 pm | By Bruce Kelly | Investment News AR Global, the alternative investment sponsor controlled by Nicholas Schorsch, said on Monday it…

    Sierra Income Corporation Increase in Public Offering Price July 14, 2016 06:16 PM Eastern Daylight Time | Businesswire.com NEW YORK--(BUSINESS WIRE)--A committee of the board of directors (the “Board”) of Sierra Income Corporation (“SIC”) has approved an increase in its public offering price from $9.00 per share to $9.05 per share. The increase…

    Franklin Square Upsizes Commitment to Greystone $50 million commitment expands Greystone's short-term lending platform Jun 30, 2016, 08:00 ET from Franklin Square Capital Partners PHILADELPHIA, June 30, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced a $50 million upsizing of its senior secured loan…

    Jun 01, 2016, 08:30 ET from NexPoint Capital, Inc. DALLAS, June 1, 2016 /PRNewswire/ -- NexPoint Capital, Inc. (the "Company"), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about June 1, 2016 (the "Tender Offer")…

Orlando, Fla., May 12, 2016 (GLOBE NEWSWIRE) -- Corporate Capital Trust II, a new, non-traded business development company (BDC), announced that beginning in May 2016, it will publish its net asset value on a monthly basis. This data point is generally provided on a quarterly basis among those in the industry, making Corporate Capital Trust…

Volatile markets have prompted rush of investors to exit nontraded business development companies Updated April 10, 2016 7:51 p.m. ET | By KIRSTEN GRIND and JEAN EAGLESHAM | WSJ It was never easy for investors to get their money out of funds called nontraded BDCs, but it is getting even harder now. Business Development Corporation…

Increase of senior secured unitranche loan supports Swift's merger with Air Energi 09:03 ET from Franklin Square Capital Partners PHILADELPHIA, April 4, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced an upsizing of its senior secured unitranche loan to support the merger of Air Energi…

March 24, 2016 11:54 AM Eastern Daylight Time NEW YORK--(BUSINESS WIRE)--A committee of the board of directors (the “Board”) of Sierra Income Corporation (“SIC”) has approved a decrease in its public offering price from $9.10 per share to $9.00 per share. The decrease in SIC’s public offering price is effective as of SIC’s March 25,…

Orlando, Fla., March 21, 2016 (GLOBE NEWSWIRE) -- Corporate Capital Trust (the “Company”), a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, announced its operating results for the year ended Dec. 31, 2015. Corporate Capital Trust will host its earnings call to discuss these results…