Business development companies are still lagging the market in a sign of persisting concern over the performance of loans to small and midsize businesses. Although default rates and losses in BDC loan portfolios have not been as dire as initially expected during the depth of the market panic in March, ... READ MORE >
business development companies
How business development companies are navigating the economic shock
Business development companies are facing one of their toughest challenges ever since Congress created them in 1980 as a way to encourage investment in small to midsize businesses. Today, as they reel from the effects of the coronavirus outbreak, the valuations of their portfolio companies have dropped ... READ MORE >
How business development companies can weather the coronavirus downturn
The coronavirus pandemic has taken a severe toll on the American economy, with small and midsize businesses being hit especially hard. It’s not surprising, then, that the stock prices of business development companies, which invest in small and midsize companies along with distressed enterprises, have ... READ MORE >
SEC gives regulatory relief to certain business development companies
Continuing a recent push to ease regulations, the Securities and Exchange Commission recently adopted a final rule that loosens compliance requirements on business development companies, which invest in small and medium-size businesses. The measure, which was adopted on March 12, significantly raises ... READ MORE >