Business development company definition

Business development company. ’ means any closed-end company which—

Business development company. (BDCs) means a type of closed-end fund regulated under the 1940 Act whose shares are typically listed for trading on a U.S. securities exchange. BDCs are publicly-traded funds that typically invest in and lend to small and medium-sized private and certain public companies that may not have access to public equity markets for capital raising. BDCs invest in such diverse industries as healthcare, chemical and manufacturing, technology and service companies.

Business development company has the meaning set forth under Section 2(a)(48) of the Investment Company Act.

Examples of Business development company in a sentence

• Business development company fund 2 – This fund is a business development company fund that primarily invests in senior debt, subordinated debt, structured products, and equity investments.

• Business development company Primarily floating rate loans, with an emphasis on senior secured loans, in middle-market leveraged companies.

• Fair Value Business development company fund 1 – This fund is a business development company fund that makes investments in a diversified portfolio of established middle market private companies.

• Business development company fund 4 – This fund is a business development company fund that primarily invests in senior secured and second lien secured loans of private U.S. middle market companies, and to a lesser extent, subordinated loans of private U.S. companies.

• Business development company: A company created to invest in both the debt and equity of small and medium-sized businesses.

More Definitions of Business development company

Business development company. ’ means any company which is a business development company as defined in section 2(a)(48) of title I of this Act and which complies with section 55 of title I of this Act, except that—

Business development company means a company created for the purpose of engaging in any activity authorized by this chapter. A "business development company" created under this chapter is either:

Business development company means any company which is a business development company as defined in section 80a–2(a)(48) of this title and which complies with section 80a–54 of this title, except that-

Business development company means a closed-end investment company that has filed an election to be treated as a business development company pursuant to the 1940 Act.

Business development company means a company created for the

Business development company means a company created for the purpose of engaging in any activity authorized

Business development company means a closed-end management investment company registered as such under the Investment Company Act that has elected, pursuant to Section 54 of the Investment Company Act, to be regulated as a business development company thereunder.