OCSL - BDC Weekly Review: Management Fees Are Moving Lower
2024-02-10 23:43:44 ET
Summary
- We take a look at the action in business development companies through the first week of February and highlight some of the key themes we are watching.
- BDC fell on the week with an average drop of 2.5%.
- BDCs are reducing their management, likely reflecting the increasing competition in the private credit sector.
- We highlight CSWC and OCSL earnings.
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....
BDC Weekly Review: Management Fees Are Moving Lower