Investing in BDCs: Private Equity for Public Shareholders

    by John Deysher

    Private equity.

    That’s a term we’re hearing a lot about these days. Billion-dollar deals involving companies going private, once a rarity, are now commonplace. Interest rates are low, corporate profits are high, liquidity is robust and burdensome government regulations (Sarbanes-Oxley) are causing many companies, large and small, to pull the plug and go private.

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