Apollo Investment Corporation announced several transformative changes which reinforce the Company’s position as a senior secured middle market business development company creating an institutional-quality offering with an attractive dividend yield...
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August 02, 2022, 08:10 AM
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LendingPoint announced the closing of an up to $110 million, 5-year corporate mezzanine credit facility with new partners MidCap Financial Trust, managed by a subsidiary of Apollo Global Management, Inc. and Apollo Investment Corporation.The...
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March 10, 2021, 07:50 AM
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BC Partners, a leading international private equity firm, announced the creation of BC Partners Credit, a new credit platform. Ted Goldthorpe, former President of Apollo Investment Corporation and head of its U.S. Opportunistic platform, has been...
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February 10, 2017, 08:14 AM
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Fifth Street Finance Corp. announced that its Board of Directors has appointed Patrick J. Dalton as Chief Executive Officer and elected him as a member of the Board of Directors, effective January 2, 2017. Dalton will succeed Todd G. Owens, who will...
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November 30, 2016, 07:48 AM
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Apollo Investment Corporation announced the appointment of Howard Widra as President. Widra, who has worked at Apollo Global Management, LLC (AGM) and/or its affiliates since 2013, most recently as Co-Head of Direct Origination, replaces Edward...
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June 07, 2016, 08:04 AM
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For the first time since the financial crisis, business development companies (BDCs) are facing a relatively significant near-term maturity wall, as $1.3 billion of convertible notes and other debt issued by Fitch-rated BDCs in 2011 and 2012 are...
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October 19, 2015, 07:50 AM
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The removal of business development companies (BDCs) from the S&P and Russell indices will likely reduce the liquidity of their shares and increase their cost to raise equity in the near-term, according to Fitch. The removals involved 33 BDCs...
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March 14, 2014, 07:43 AM
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UniTek Global Services, a provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, has received a commitment letter from Apollo...
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July 03, 2013, 07:38 AM
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