Lends to U.S. middle-market companies, mainly through secured loans, and also invests in other debt and equity.
10-K for FY2025, filed Feb 24, 2026Our investment objective is to generate current income and, to a lesser extent, capital appreciation primarily through assembling a…View ↗
It earns interest on loans over their life, with some interest added to principal and generally due at maturity. It also earns dividends from investment funds and investment-related fees when earned or services are provided.
10-K for FY2025, filed Feb 24, 2026Interest income is recorded on an accrual basis and includes the accretion of discounts and amortization of premiums. Discounts from and…View ↗
The Company may have loans in its portfolio that contain payment-in-kind (“PIK”) provisions. PIK income represents interest that is accrued…View ↗
Dividend income from the investment funds, Credit Fund and Credit Fund II, and other investments funds, if any, is recorded on the record…View ↗
Other income may include income such as consent, waiver, amendment, unused, underwriting, arranger and prepayment fees associated with the…View ↗
$102.7M
10-K for FY2025, filed Feb 24, 2026
$102.7M ↗
Lends directly to U.S. middle-market companies, often privately held and backed by private equity firms; borrowers use the financing for growth, acquisitions, recapitalizations and refinancing.
10-K for FY2025, filed Feb 24, 2026
Yes. It kept 68 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Feb 24, 2026
10-K for FY2025, filed Feb 24, 2026
$70MView ↗
Growing. Revenue grew 17% in 4 years, from $87.6M in FY2021 to $102.7M in FY2025, about 4% a year.
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