KCAP Financial, Inc. (NASDAQ:KCAP) Files An 8-K Financial Statements and Exhibits
Item 9.01.
| Exhibit 99.1 | Investor Presentation, dated January 2, 2019 |
KCAP Financial, Inc. Exhibit
EX-99.1 2 tv510043_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 BCP Credit January 2,…
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About KCAP Financial, Inc. (NASDAQ:KCAP)
KCAP Financial, Inc. is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio). In addition, the Company may invest in the equity securities of privately held middle market companies. Second, the Company invests in asset management companies (the Asset Manager Affiliates) that manage collateralized loan obligation funds (CLO Funds). Third, the Company invests in debt and subordinated securities issued by CLOs (CLO fund securities). These CLO fund securities are primarily managed by its Asset Manager Affiliates, but from time-to-time the Company makes investments in CLO Fund Securities managed by other asset managers. The CLO funds typically invest in syndicated loans, high-yield bonds and other credit instruments.
