The company’s founder, chairman, and CEO was named in a college admissions bribery scandal.
News & Analysis: Hercules Technology Growth Capital
HTGC earnings call for the period ending December 31, 2018.
Oaktree Capital is excited about the opportunity to roll up more BDCs, Solar Capital bought a commercial lessor, and Hercules Capital thinks it needs to externalize to pursue lower-yielding assets.
Shareholders of these three business-development companies should brace for future dividend cuts.
Hercules Capital's board of directors scuttled a plan to externalize the manager, but shareholders aren't eager to bid shares of the BDC back to its pre-plan price.
Shares of the business-development company (BDC) sank after the company proposed externalizing its management team.
1 High-Yield Industry Vying for Dominance (Ares Capital Corporation, Main Street Capital Corporation)
Could business development companies displace REITs as the high-yield kings of Wall Street?
An IPO boom is great for these two companies, but only if early owners can cash out.
Is this the top for venture capital-backed startups? Two portfolio managers make their case.
The industry has reached consensus: A resurgence of mergers and acquisitions will boost BDC earnings.