Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a summary of a detailed note available to paid subscribers.
Business development companies (“BDC”) have fallen into special situation status. The private credit industry is facing escalating investor withdrawals from retail closed end mutual funds. Our BDC portfolio (ARCC, CCAP, CSWC, FSK, MAIN, OBDC and OCSL) ultimately will benefit from the market’s current disruptive forces.
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