BDC Facts & Stats | 26 
Managerial 
Services 
Compensation/Allocation of Costs and  
Expenses 
Indemnification 
Delegation 
Allowed 
 
d 
al 
Yes 
Reimbursement for costs and expenses 
incurred in performing obligations and 
providing personnel and facilities, which 
include, but are not limited to, the 
Corporation's allocable portion of the 
Administrator's overhead in performing 
obligations, including rent and the allocable 
portion of cost of chief compliance officer 
and chief financial officer and their 
respective staffs. For in-house legal, tax, or 
other professional services, reimbursement 
for costs where such in-house personnel 
perform services that would be paid by the 
Corporation if outside service providers 
provided the same services. 
Yes (except for 
willful 
misfeasance, 
bad faith, or 
gross 
negligence in 
the 
performance of 
duties or by 
reason of the 
reckless 
disregard of 
duties and 
obligations). 
Yes 
g 
 
Yes 
Reimbursement for costs and expenses 
incurred in performing obligations and 
providing personnel and facilities, which 
include, but are not limited to, amounts 
based upon allocable portion of overhead in 
performing obligations, including rent, fees, 
and expenses associated with performing 
compliance functions, and allocable portion 
of compensation of CFO and any 
administrative support staff. 
Yes (except for 
willful 
misfeasance, 
bad faith, gross 
negligence, or 
reckless 
disregard of 
duties or 
obligations). 
No 

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