A Fed Rate Hike Would Boost BDC Income Immediately. Here's the Catch.
    Market Analysis

    A Fed Rate Hike Would Boost BDC Income Immediately. Here's the Catch.

    Seven of the largest publicly traded business development companies (BDCs) disclose in their June-quarter SEC filings exactly what a 100 basis point base-rate rise is worth to them: across all seven,

    Jeff Barnes, MBA··11 min read
    Direct Lending vs. Syndicated Loans: What Accredited Investors Should Know
    Alternative Investments

    Direct Lending vs. Syndicated Loans: What Accredited Investors Should Know

    Over 85% of new U.S. leveraged loans carry covenant-lite terms, while direct lending offers tighter covenants at the cost of full illiquidity.

    Jeff Barnes, MBA··10 min read
    Regal Healthcare Capital Partners Closes RHCP IV at $610M, Above Target
    Private Equity

    Regal Healthcare Capital Partners Closes RHCP IV at $610M, Above Target

    TL;DR: Regal Healthcare Capital Partners closed its fourth fund, RHCP IV, at $610M in total commitments on July 7, 2026, beating its $550M target by roughly 11%, according to Regal's press release

    Jeff Barnes, MBA··9 min read
    SEC Rule 144A: The Institutional Safe Harbor Behind Your Private Credit Fund's Portfolio
    Regulatory & Compliance

    SEC Rule 144A: The Institutional Safe Harbor Behind Your Private Credit Fund's Portfolio

    A qualified institutional buyer needs $100 million parked in securities before it can touch a Rule 144A bond. You don't have that. But if you own shares in Barings BDC (NYSE: BBDC) or a private credit

    Jeff Barnes, MBA··9 min read
    BDC Investing in 2026: Yields, Risks, and How to Pick One
    Alternative Investments

    BDC Investing in 2026: Yields, Risks, and How to Pick One

    Business Development Companies (BDCs) pay average yields of 12.6% as of Q4 2025, give accredited investors direct exposure to middle-market private credit, and trade on public exchanges. The S&P BDC...

    Jeff Barnes, MBA··12 min read