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Market Trends 2022/23: Business Development Companies

August 22, 2023 (1 min read)

Business development companies (BDCs) are closed-end investment management companies that elect to register under the Investment Company Act. Recently, most BDCs have turned to private capital instead of engaging in an IPO. Read this practice note for recent notable transactions, deal types, legal and regulatory updates, a market outlook, and more.

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