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- Gladstone boosts BDC activity, opens office
Publicly traded business development company Gladstone Capital has hired a new managing director to open a Chicago office amidst the surge in BDC interest.
- M&A vets prep $500m BDC
US mergers and acquisitions veteran Eric Gleacher has filed to take public a ‘business development company,’ Gleacher Investment, amid a glut of similar vehicles.
- Tom Lee, Gores enter BDC fray
Thomas H. Lee Partners and Gores Technology, two US private equity firms, have in recent days filed with the SEC to launch business development companies – publicly traded vehicles that make loans to and equity investments in companies.