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Infinant Health Appoints New Team Members to assist with Drug Development
Prnewswire· 2024-05-22 10:13
DAVIS, Calif., May 22, 2024 /PRNewswire/ -- Infinant Health, a privately-held company focused on changing the trajectory of human health by supporting the development and restoration of the immune system via the gut microbiome, announces additions to their advisory team: Dr. Katharine Knobil and Dr. David Pompliano. Additionally, Judy Gawlik Brown has joined the board, representing Manna Tree Partners, to help prepare the company's expansion into pharma. Infinant Health recently announced their submission ...
Barings BDC Is Outperforming With Solid Outlook
seekingalpha.com· 2024-05-20 15:50
Olivier Le Moal/iStock via Getty Images Barings BDC (NYSE:BBDC), the middle market business development company, is poised to outperform the broader market index and peers through a combination of robust cash returns and a steady share price appreciation. This is because the business development company and its end markets are performing better than expectations, which is reflected in its solid portfolio credit quality and improving demand. As of the end of the March quarter, it appears that its key por ...
Goldman Sachs BDC: 12% Yield And Re-Rating Potential (Rating Upgrade)
seekingalpha.com· 2024-05-20 10:35
JayLazarinGoldman Sachs BDC, Inc. (NYSE:GSBD) has enjoyed a nice surge of new investment commitments in the first quarter that is poised to lead to higher net investment income in the future. Furthermore, the business development company comfortably covered its dividend payout of $0.45 per share per quarter with net investment income and the portfolio kept performing well. Goldman Sachs BDC’s low non-accrual ratio, strong excess dividend coverage and moderate valuation help make a solid value propositio ...
Barings BDC: Signs Of Improving Profile, But Still Risks Remain
seekingalpha.com· 2024-05-18 15:04
Nikolay Pandev December last year, I issued a bearish article on a rather popular BDC - Barings BDC (NYSE:NYSE:BBDC) - making the case that considering the underlying risks, the potential return profile is not strong enough to warrant an attractive investment play. After some while, BBDC circulated its Q4, 2023 earnings deck, which did not reveal any meaningful fundamental improvements for me to change the stance. There are three main reasons why I consider BBDC a suboptimal choice: Excessive leverage ...
BDC Weekly Review: Fee Rate Cuts Continue
seekingalpha.com· 2024-05-18 12:00
michaelquirk Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the second week of May. ...
Runway Growth Finance: Solid BDC But Stagnant NAV Due To Decreased Venture Deals
seekingalpha.com· 2024-05-18 05:21
J Studios/DigitalVision via Getty Images Overview Runway Growth Finance (NASDAQ:RWAY) is a bit of a different type of business development company than I usually cover. I've covered a ton of BDC that invest in early to mid-stage companies that are looking to raise capital to fuel growth but RWAY takes a different approach by focusing on late-stage growth companies and venture capital. These companies are a bit more matured and as a result, allows RWAY to lend growth capital with minimal dilution. RWAY i ...
Fidus Investment: A Good Entry Point For This 11.9%-Yielding Top BDC Performer (Rating Upgrade)
seekingalpha.com· 2024-05-18 02:56
DKosig In this article, we catch up on Q1 results of the Business Development Company Fidus Investment (NASDAQ:FDUS). FDUS trades at a total dividend yield of 11.9% and a 102% valuation. FDUS invests in the lower middle-market segment and is overweight the Technology sector. Our key takeaway is that FDUS offers one of the best opportunities in the BDC market, particularly for investors who want to diversify away from the upper middle-market popular names like ARCC, OCSL, OBDC and others. The company con ...
Bain Capital Specialty Finance: A Top-Rated BDC With Robust Outlook
seekingalpha.com· 2024-05-17 15:32
PM Images The ability of Bain Capital Specialty Finance (NYSE:BCSF) to generate robust risk-adjusted returns over the long term makes it one of the top-performing companies in a fast-growing BDC industry. Metrics such as its ability to generate a 13% yield on a $2.4 billion well-diversified investment portfolio while keeping non-accruals at 1% strengthens the thesis about its potential to sustain healthy returns over the long term. Moreover, the broader market dynamics also favor business development compan ...
Capital Southwest Q4: Quality BDC But Valuation Is Too Rich Here
seekingalpha.com· 2024-05-16 21:00
pepifoto Introduction Capital Southwest (NASDAQ:CSWC) has been the top performer in my dividend portfolio currently, up more than 50% in the past year. I've been a fan and shareholder of this BDC for quite some time, but with the recent run up in share price, I believe CSWC's premium is too rich at current levels. I'm very familiar with paying up for quality, and I consider CSWC to be one of the highest-quality BDCs within the sector, if not the highest at the moment. And their share price and performan ...
Saratoga Investment Corp: Solid BDC But Lacks NAV Growth
seekingalpha.com· 2024-05-16 13:59
J Studios/DigitalVision via Getty Images Overview As an investor that loves collecting dividend income, I am always on the hunt for opportunities to capture high yields and large total returns. Business Development Companies have been a great place to get both of these things, as they typically have high starting yields and are highly attractive in an environment of elevated interest rates. In a perfect world, a BDC will be able to provide both an increasing share price over time and an increasing distr ...