June 01, 2019
Market Trends 2018/19: Business Development Companies
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Source: Lexis Practice Advisor® Practice Note
Business development companies (BDCs) are closed-end investment management companies that are specially regulated by the Investment Company Act of 1940, as amended (the 1940 Act). This market trends article covers recent commercial and regulatory trends affecting BDCs, particularly focusing on various types of securities offerings by public and private BDCs.
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