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ORCC - Rand Capital: Shifting Focus To Debt After Failure In Equity Investment Strategies
Owl Rock Capital Corp
Rand Capital is a BDC in transition. The company is shifting its focus from equity to debt investments, setting the groundwork for regular dividend payments.
RAND didn't share its plans for how it would look like after the transition.
A wait-and-see approach is advisable until the company shows its ability to succeed in its new endeavor.